A SoftBank Group Corp. subsidiary and two other firms have developed a prototype of a two-seat humanoid robot that can transform into a car for use in amusement parks, the companies said Thursday. Invoking the heroes from the "Transformers" movies, the experimental J-deite Ride can go from humanoid mode to vehicle mode in about a minute. The 3.7-meter, 1.6-ton robot can lumber on two legs at an agonizingly slow pace of 100 meters per hour but go 60 kph in vehicle mode. The electric car can be driven both manually and by remote control, according to a press release from the companies. The robot was developed by SoftBank's software subsidiary Asratec Corp., Tokyo-based start-up Brave Robotics Inc. and Sansei Technologies Inc., an Osaka-based game machine maker.

WIRE)--NEC Corporation (NEC; TOKYO: 6701) today announced the establishment of dotData, Inc., a new startup company based in Cupertino, California, in the heart of Silicon Valley, that develops and globally provides software that automates data science processes using artificial intelligence (AI). NEC will obtain an exclusive license from dotData to provide this software across Japan and will start to provide the software in the first half of FY2018. "NEC is now accelerating the monetization of its competitive technologies by creating diverse alliances as part of the'strengthening of business development capabilities' in the'restructuring of execution capabilities' that are outlined in the Mid-term Management Plan 2020 that NEC announced in January 2018," said Osamu Fujikawa, senior vice president, NEC Corporation. "The establishment of dotData is the first implementation of such reinforcements and a unique strategic carve-out scheme from NEC in which a leader in core technology becomes a founder of the new company and helps accelerate its monetization as a start-up company. Going forward, NEC will continue to promote innovative measures that strengthen our business development capabilities."

With a goal of "providing customers with the tools and insight required to meet rapidly evolving business demands," Oracle NetSuite has launched what it says is the world's first intelligent cloud suite. By natively building powerful artificial intelligence and machine learning-based capabilities within its leading cloud business management suite, NetSuite can deliver the insight, interaction and automation customers need to grow their business. The company announced the launch during its annual conference in Las Vegas. "A pioneer in the cloud, NetSuite has long been a leader in providing powerful business intelligence across its suite," said Jim McGeever, executive vice president, Oracle NetSuite. "With new artificial intelligence and machine learning capabilities within NetSuite, we're equipping our customers to understand not only what's happened with their business, but what will happen in the future and how they can stay ahead."

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Conversica, the leader in conversational AI for business, today announced that its AI-based sales assistant technology is now deeply integrated with Microsoft Dynamics 365 and is available from the Microsoft AppSource online marketplace. The Conversica AI Sales assistant integrated with Microsoft Dynamics 365 enables Microsoft customers to easily leverage Conversica's state-of-the-art conversational AI technology to automatically follow up with leads in their CRM and marketing automation systems. Conversica assistants, powered by advanced natural language processing and machine learning technology, carry on natural, two-way conversations with leads to engage and qualify them for sales. This automated lead follow-up ensures that 100 percent of marketing's leads are contacted 100 percent of the time and results in more meetings and, thus, more opportunities for sales. "Microsoft Dynamics 365 customers are some of the most sophisticated marketing and sales teams; however, they can still struggle with ensuring all the leads generated by marketing are qualified and handed off to sales at the right time," commented Victor Belfor, Senior Vice President of Business Development of Conversica.

Smart Home Telematics company positions itself to pursue the growing interest among forward-thinking insurance carriers for data-driven insights and customer engagement. VANCOUVER, BC AND NEW YORK CITY, NY – 04-25-2018 (Press Release Jet) -- Plasmatic Technologies (Plasmatic) is pleased to announce the addition of Mike Moen to its advisory team, where he will assist the company as it caters to the tremendous need for innovation in Property and Casualty Insurance. David Sussman, Chief Executive Officer of Plasmatic stated: "We are very excited to enlist Mr. Moen's industry knowledge, deep relationships, and track record in analytics-based businesses. Mike's strong collaboration with our leadership team has already helped validate the appeal of our solutions with decision makers at top insurance carriers and Insurtech scouts in some of the more prominent industry hubs". With over 20 years of experience as an entrepreneur and business executive, the enlistment of Plasmatic's latest advisor is a sign of definitive momentum in the sector, where device-driven insights and mobile experiences are poised to help insurance providers deliver more personalized services and augment their policyholders relationships.

"Low-code" software development platform provider Appian Corp. is branching out into the contact center with a new version of its product catering specifically to their needs. The company announced it's also updating its main offering, enabling users to add new artificial intelligence capabilities to the applications they build. The announcements were made during a keynote today by Appian Chief Executive Officer Matt Calkin (pictured) at the company's annual Appian World event in Miami. Having launched its initial public offering last year, Appian has become one of the leaders in the rapidly emerging field of low-code software development. The company's main product is a software-as-a-service offering tailored for everyday business users.

Newswire) Autonomous Research, a global research firm focused on financial services, has announced the publication of Augmented Finance and Machine Intelligence, an in-depth look at the way artificial intelligence is transforming the financial services industry. Autonomous estimates that over $1 trillion of today's financial services cost structure could be replaced by machine learning and AI. This would affect 2.5 million employees in the US alone. This shift will impact operations across all functions and segments of the financial industry, from bank tellers to portfolio managers to insurance underwriters. By 2030, Autonomous expects $490 billion in costs to be exposed to AI in distribution, $350 billion in the middle office, and $200 billion in financial product manufacturing.

LONDON--(BUSINESS WIRE)--Autonomous Research, a global research firm focused on financial services, has announced the publication of Augmented Finance and Machine Intelligence, an in-depth look at the way artificial intelligence is transforming the financial services industry. Autonomous estimates that over $1 trillion of today's financial services cost structure could be replaced by machine learning and AI. This would affect 2.5 million employees in the US alone. This shift will impact operations across all functions and segments of the financial industry, from bank tellers to portfolio managers to insurance underwriters. By 2030, Autonomous expects $490 billion in costs to be exposed to AI in distribution, $350 billion in the middle office, and $200 billion in financial product manufacturing.

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