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Global Artificial Intelligence-based Cybersecurity Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 29.19% - ResearchAndMarkets.com
The analysts forecast the global artificial intelligence-based cybersecurity market to grow at a CAGR of 29.19% during the period 2018-2022. Artificial Intelligence (AI)-based cybersecurity applies machine learning and pattern recognition techniques to tap unstructured data and uncover new patterns. It analyzes sensitive security-related structured and unstructured data to understand and learn about constantly evolving threats, building instincts, and expertise. The latest trend gaining momentum in the market is the growing demand and awareness about barley water. Barley water is rich in vitamins and antioxidants and aids in lowering cholesterol and controlling blood sugar levels.
Apttus Wins Prestigious CODiE Award for Best Artificial Intelligence Solution
According to SIIA, CODiE Award recipients produce the most innovative businesses technology products around the world. The award spotlights the unique innovation associated with Max, Apttus' applied AI for Apttus Omni, the company's Intelligent Middle Office Platform. Max utilizes an intelligent conversational user interface that proactively delivers insights and recommendations to help sales, legal, operations and financial professionals maximize revenue and other critical business outcomes. The resulting actions accelerate and optimize Apttus' CPQ, CLM, E-Commerce and Revenue Management solutions that comprise Apttus Omni. Max's success stems from an overwhelming customer need for speed and efficiency in executing revenue operations and managing commercial relationships.
Apttus Wins Prestigious CODiE Award for Best Artificial Intelligence Solution
Apttus, the global Middle Office leader, today announced its applied artificial intelligence offering, Max, has been named the best AI Solution of 2018 as part of the annual SIIA CODiE Awards. According to SIIA, CODiE Award recipients produce the most innovative businesses technology products around the world. The award spotlights the unique innovation associated with Max, Apttus' applied AI for Apttus Omni, the company's Intelligent Middle Office Platform. Max utilizes an intelligent conversational user interface that proactively delivers insights and recommendations to help sales, legal, operations and financial professionals maximize revenue and other critical business outcomes. The resulting actions accelerate and optimize Apttus' CPQ, CLM, E-Commerce and Revenue Management solutions that comprise Apttus Omni.
Criteo unveils โฌ20m AI research center to further machine learning in adtech
France-based adtech outfit Criteo has announced the launch of a โฌ20m three-year project to further research in the field of artificial intelligence (AI) that will see it work with clients and partners alike to further the use of machine learning in the advertising vertical. Dubbed Criteo AI Lab, the project will see it attempt to build "deep models that are interpretable, transparent and user-centric" then use these insights to form "industry standards for performance measurement and best practice", with the subsequent learnings to be made available to the entire industry. Criteo claims the project will also explore models for the responsible use of data โ an increasingly high priority for advertisers as demonstrated by the Cambridge Analytica affair, as well as the introduction of General Data Protection Regulations (GDPR) in the EU โ with the company asserting the scheme will also help bridge theory and practice. Additionally, the adtech company claimed it is preparing a significant recruitment drive to man the project which is geared towards establishing Paris as a regional hub for AI research. JB Rudelle, Criteo, chief executive officer, said the lab was indicative of the company's efforts to establish the French capital as an epicenter for European adtech, as well as lead the industry conversation around machine learning.
Looking To Enter The AI Race? Be Prepared To Hand Out Some Hefty Equity
AI, computational linguistics, computational vision, machine learning, and natural language processing skills receive some of the most eye-popping equity premiums. The following is a guest post by Kyle Holm (Partner, Pre-IPO Compensation Practice Leader at Radford) and Kelsey Owen (Director, Pre-IPO Compensation Practice at Radford). The race to build computers that act, see, speak, and think like humans is as competitive as ever. While some worry that artificial intelligence (AI) will someday lead to robots rampaging their way to world domination, AI-related startups have not stopped attracting intense interest from talent and capital. Just weeks ago, China-based AI startup SenseTime Group received one of the largest venture capital investment in the AI space -- a $600M Series C investment led by Alibaba.
Genpact Secures Leader and Star Performer Spots on Everest Group's Property & Casualty Insurance PEAK Matrix Markets Insider
Everest Group, a leading consulting and research firm, has placed Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, in its Leader's quadrant in the 2018 PEAK MatrixTM for Property & Casualty (P&C) insurance service providers. Genpact achieved the greatest positive year-on-year movement on the PEAK Matrix, and also received a Star Performer designation. The report evaluates 18 P&C insurance industry service providers in terms of vision, capability, market impact, and other areas. Everest Group emphasizes Genpact's digital technology investments, including Genpact Cora, its artificial intelligence (AI)-based platform, and the company's recent strategic P&C sector acquisitions. In the past year, Genpact has acquired BrightClaim, National Vendor, and OnSource, which enhance Genpact's end-to-end claims management capabilities.
AI's health advice is as good as a doctor's, startup says
AI could be your next doctor. AI can now offer health advice as good as what you'd get from a human doctor, says a UK-based startup. Babylon Health said Wednesday that it gave its artificial intelligence technology the same test required of would-be general practitioners in Britain and that the AI performed better than humans. Babylon presented the AI with a sample set of questions testing diagnostic skills, a key component of the exam. The technology scored 81 percent on the exam on its first try, compared to the average score of 72 percent that human doctors have received over the last five years, the company said.
Chinese AI startup dwarfs global rivals with $4.5 billion valuation
SenseTime, which specializes in software that can identify people's faces in surveillance videos, said Monday that it had secured $600 million in fresh funds and is already in talks with investors to raise more money. The second biggest AI startup is also Chinese: Shanghai-based Yitu Technology with a valuation of about $2.4 billion. Related: China's Didi said to be worth $56B after raising more cash SenseTime tapped big names for cash in its latest funding round, including China's leading e-commerce company, Alibaba (BABA). It had already announced an investment from US computer chip maker Qualcomm (QCOM) last year. The new funding will "help us widen the scope" for putting artificial intelligence to use in different industries, SenseTime CEO Li Xu said in a statement. Specifically, the company said it will pump more money into areas like security, smartphones, advertising and autonomous driving.
Artificial Intelligence in Supply Chain Market Worth 10,110.2 Million USD by 2025
According to the new research report "Artificial Intelligence in Supply Chain Market by Offering, Technology, Application (Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Freight Brokerage), End-User Industry, and Geography - Global Forecast to 2025", published by MarketsandMarkets, the market is expected to grow from USD 730.6 million in 2018 to USD 10,110.2 million by 2025, at a CAGR of 45.55% between 2018 and 2025. Major drivers for the market are the growth of big data, demand for greater visibility and transparency into supply chain data and processes, and adoption of AI for improving consumer services and their satisfaction. The major restraint for the market is the limited number of the artificial intelligent technology experts. Browse 64 market data Tables and 44 Figures spread through 176 Pages and in-depth TOC on "Artificial Intelligence in Supply Chain Market - Global Forecast to 2025" The software market is expected to grow at the highest CAGR for artificial intelligence in supply chain by 2025. The adoption of AI-based software solutions is increasing as it has beginning to apply machine learning capabilities that can automatically detect errors and make course corrections while processing real-time data streams.
ADP Uses Machine Learning and Artificial Intelligence to Drive a Data-Fueled Future of Work
ADP uses real, empirical, anonymized data from more than 30 million employees to anticipate how human work behaviors will evolve, and the impact that macro trends will have on the way people want and need to work. This year's Datathon focused on unearthing new ways to use the company's data and encouraging technologists across the company to incorporate data into all practices. "Our first Datathon was about testing the speed and process by which we can leverage our world-leading HCM database, which compiles proprietary data from over 90,000 clients," said Marc Rind, chief data scientist at ADP. "This time around, we brought in partners from across ADP to explore their needs and ideate on comprehensive solutions. We gathered the industry's greatest innovators for two weeks of end-to-end development, and will ultimately be able to deliver unmatched value to our clients as a result." Three teams conceived solutions that used machine learning and artificial intelligence to bring ADP data to life for how the future of work will evolve in three key areas, and outputs included the following.