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Green light for new national IoT initiative in Trondheim - NASDAQ.com

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Trondheim, 9 March 2018: The new IoT ProtoLab in Trondheim is opening its doors today for entrepreneurs, scientists and students who want to develop new Internet of Things services and products. The new powerhouse created by Telenor Group and Wireless Trondheim aims to increase innovation, new national competencies and promote competitiveness amongst Norwegian entrepreneurs. "Exactly one year ago we launched Telenor-NTNU AI-Lab and it is a pleasure to announce another technology powerhouse in Trondheim," says Sigve Brekke, Telenor Group CEO. "IoT ProtoLab will be an experimental centre for research and innovation within the Internet of Things. IoT means that data on our physical surroundings are made available in large quanta, which in turn fuels fantastic opportunities for research and innovation within artificial intelligence (AI). Our two labs in Trondheim will be strengthened by each other and will contribute to fostering digital innovation in Norway," adds Brekke.


IBM calls its new machine learning platform 'the reinvention of the database' - SiliconANGLE

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IBM Corp. today unveiled a new data science and machine learning platform that one executive called "the most significant announcement we've made about data in years." Featuring an in-memory database, a real-time processing engine and the ability to ingest and analyze massive amounts of data, the Cloud Private for Data constitutes an integrated data science, data engineering and application development platform. It's intended for building event-driven applications that can handle "torrents of data from things like internet of thing sensors, online commerce, mobile devices, and more," the company said in a press release. With a combination of features that enables organizations to ingest, transform and analyze streaming data on a single software stack, the engine sits atop Cloud Private, which is IBM's version of the Kubernetes container orchestration platform. Software containers abstract applications away from the underlying hardware, enabling them to run on any computing platform.


Earnix Introduces Integrated Machine Learning Technology

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TEL AVIV, Israel--(BUSINESS WIRE)--Earnix Ltd, a leading provider of predictive analytics solutions for the financial services industry, today announced the introduction of its Integrated Machine Learning technology, as an enhancement to the existing insurance software suite. This new capability is designed for demanding, high-performance real-time enterprise production systems, and will deliver a new level of market responsiveness and analytical sophistication to insurers. Several Earnix insurance clients have been using an early version of the technology and have seen significant improvements in their results. Analytics has become an arms race, as insurers around the globe seek to become more data-driven by operationalising real-time analytics and monetising new forms of data such as telematics and the Internet of Things (IoT). The addition of Integrated Machine Learning to the Earnix software suite enables users to excel in this environment, producing better and more accurate insights at speeds that only machine learning algorithms can produce.


AccelStor All-Flash Solutions Unlock Data Possibilities for AI and Cloud

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DUNSTABLE, United Kingdom--(BUSINESS WIRE)--AccelStor, an innovative all-flash array (AFA) provider for the big data era, is excited to announce its participation in the upcoming Cloud Expo Europe, taking place from March 21 to 22 at Booth C1850 in the ExCel London exhibition centre. Besides presenting latest all-flash storage solutions breaking through performance and availability barriers for artificial intelligence (AI), virtualization and private cloud, AccelStor will present a live demonstration of its new generation NeoSapphire high availability models, one of the highlights not to be missed this year. AccelStor NeoSapphire all-flash arrays are highly integrated with virtualization and private cloud platforms, supporting VMware vSphere and OpenStack Cinder. NeoSapphire's "high availability" series features symmetric active-active, clustered shared-nothing architecture (SNA), providing full redundancy and 99.9999% reliability, enabling enterprises to achieve non-disruptive operations effortlessly. In addition, the patented FlexiRemap software technology accelerates data processing and unleashes the true performance of big data workloads with outstanding performance, over 1 million IOPS for 4KB random access.


Data science consultancy launches services in Hong Kong amid rising demand

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Pathway Data Science aims to address growing market demand for professional data science and machine learning expertise in Asia. Pathway Data Science ("Pathway"), a newly established data science and machine learning consultancy, today announced the launch of its services in Hong Kong. Based in Hong Kong, Pathway aims to help businesses across the Asia Pacific region achieve higher levels of performance by putting advanced data science tools into application. Core services include advising organizations on processes to become more data-driven, providing new insights on existing data, building intuitive dashboards, developing machine learning models and producing real-life applications that can be seamlessly integrated with clients' proprietary processes. Machine learning techniques make it possible for a computing system to learn from data, answer questions, make predictions, reach conclusions and solve problems without the need to specify an explicit set of rules required to achieve the desired outcome.


Fractal Analytics Humanizes AI: Acquires Behavioral Architecture Firm Final Mile

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"While artificial intelligence is becoming an integral part of products and services we consume, AI needs to incorporate better understanding of human behavior to improve human-machine interface, simplify information consumption and drive lasting behavior change," said Srikanth Velamakanni, Group Chief Executive & Executive Vice-Chairman, Fractal Analytics. "With this acquisition, we are bringing data science and behavioral science together to drive better outcomes for our clients." Founded in 2008, Final Mile is a leader in the application of behavioral sciences to understand decision-making and influence consumer and social behavior. Final Mile has helped solve behavioral challenges in financial services, healthcare, consumer goods, e-commerce, and developmental and nonprofit sectors. An award-winning firm, Final Mile uses innovative research methods like games and simulations to truly understand the non-conscious reasons behind what people do and develop interventions to drive sustainable behavior change.


Ideaspring Capital, The Hive invest in AI startup Peritus

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Artificial intelligence startup Peritus.ai has raised $2 million (Rs 12 crore) in funding from early-stage venture capital firm Ideaspring Capital and early-stage fund The Hive, a company statement said. The firm will use the money to strengthen its development team in India, it said in the statement. Based in California, US, Peritus.ai Inc. was founded by Santhosh Srinivasan and Kamesh Raghavendra in 2017 with support from The Hive, which incubates startups and focuses on applications of AI in the enterprise segment. "We are looking forward to help from Ideaspring for support in building and guiding our development team in India," said Srinivasan, co-founder and vice president for engineering at Peritus.ai. The company automates professional services, support delivery and incident resolution for data centres. It also proactively predicts support needs and incident features from patterns mined across product designs, past incidents, configurations and log data, the statement said.


Accountants' adoption of Artificial Intelligence expected to increase as client expectations shift

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Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they're a start-up, scale-up or enterprise. We do this through Sage Business Cloud - the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking. Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through the Sage Foundation.


V5 Systems Showcases Market-Ready IoT Technology at Intel Partner Connect 2018

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The Intel event, which is expected to be attended by approximately 2500 channel partners, has Dell EMC as one of its premier sponsors, a key technology partner with which V5 Systems has already implemented a number of turnkey IoT security solutions in the outdoors. The upshot of the event is for attendees to gain insights from Intel innovators and industry visionaries on how the IoT, along with artificial intelligence, virtual reality, the Cloud and other leading-edge technology applications, is contributing to the digital transformation of businesses. The event enables participants to accelerate their partnerships and identify new opportunities for profitability. V5 Systems has been invited to present its technology at the event because it has already established its leadership position in the Industrial IoT by implementing numerous real-world solutions. At Intel Partner Connect, V5 Systems, Intel and Dell EMC are changing the security space through technology and innovation.


How to Achieve #DigitalTransformation @ExpoDX @DellEMC #AI #IoT #IIoT #FinTech #SmartCities

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Industry after industry is under siege as companies embrace digital transformation (DX) to disrupt existing business models and disintermediate their competitor's customer relationships. But what do we mean by "Digital Transformation"? Digital Transformation The coupling of granular, real-time data (e.g., smartphones, connected devices, smart appliances, wearables, mobile commerce, video surveillance) with modern technologies (e.g., cloud native apps, Big Data architectures, hyper-converged technologies, artificial intelligence, blockchain) to enhance products, processes, and business-decision making with customer, product and operational insights. The digital transformation starts by understanding the organization's business initiatives, and then prioritizing which initiatives are top candidates for enhancement through digital transformation. "Begin with an end in mind" to quote Stephen Covey.