"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.

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.

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.

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.

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.

LAS VEGAS, NV – MARCH 8, 2018 – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Samsung Electronics Co. Ltd. today announced plans for a strategic partnership to connect Samsung's ARTIK Smart IoT Platform to the Philips HealthSuite Digital Platform. This collaboration will ultimately allow the Samsung ARTIK ecosystem of connected devices to safely access and share information with Philips' cloud platform. Healthcare application developers will be able to realize interoperable connected health solutions using integrated data sets and innovative HealthSuite services such as advanced health analytics. "This collaboration will enable healthcare application developers to focus on the development of innovative applications rather than on the technical integration of devices," said Dale Wiggins, General Manager Philips HealthSuite Digital Platform at Philips. "By strengthening our HealthSuite ecosystem with Samsung ARTIK, we will be taking another important step in breaking down the silos in today's healthcare domain to create a trusted and seamless care experience for both consumers and care professionals."

"This use of AI with HSBC's card program is one of the first in the loyalty sector and demonstrates that artificial intelligence and machine learning are the future of business," said Jesse Wolfersberger, senior director, decision sciences, Maritz Motivation Solutions. "We're going to witness more companies using AI to engage people in new and innovative ways. We are proud to have a proprietary AI system that makes loyalty programs smarter and more efficient and can result in significant operational cost savings for businesses." Maritz's AI algorithm, also known as machine learning, predicts the rewards a loyalty program member is likely to redeem over the next year. The AI then suggests a redemption category to promote to each member and calculates the percentage of clients likely to redeem in different categories.

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers hours before appearing on Business Insider. To be the first to know, please click here. Google unveiled a slew of new features for its ecosystem of Google Assistant voice apps, called "Actions," the company announced last week. Google Assistant actions are similar to Amazon Alexa skills. The new features -- Custom Device Actions, push notifications, and support for media playback -- could incentivize more developers to create actions for Google Assistantand drive consumer engagement, ultimately making Google Assistant a stronger competitor in the voice assistant landscape.

Los Angeles, CA – After 4 years of Research and Development, Stock Circles announces an Artificial Intelligence Breakthrough in Stock Investing. "Today we are pleased to announce that Smart Auto-Trading, the first stock investing trading platform to use Artificial Intelligence natively to screen, monitor and auto-trade the S&P 500, yielded conclusive test results by consistently outperforming the benchmark by 2X for the past 2 years" says Jana Clemons, Stock Circles' CMO. According to Clemons, the technology does not make use of traditional Technical Analysis to trade stocks. "Instead, it uses Behavioral Sciences, Machine Learning and Statistical Models to screen, monitor and auto-trade the S&P 500 ". "Stock Circles started verifying the hypothesis that Artificial Intelligence stock investing would produce a higher return than the S&P500 in 2014", says Clemons. "To test the hypothesis, we had to build an entirely new kind of trading platform designed to ingest and process multiple, non- traditional data sources to extract actionable information".

On 1 March Roboteam announced the launch of its Artificial Intelligence Control Unit (AI-CU) software to provide autonomous and artificial intelligence capabilities to the warfighters. The AI-CU software will provide intuitive control and operation of unmanned systems and payloads according to the company. This will include unique features such as autonomous navigation, facial recognition and other artificial intelligence-enabled capabilities for operators of unmanned systems. The AI-CU allows operators to control numerous platforms and payloads simultaneously, based on multi-robot operator control unit (MOCU) compliant, open source software. Roboteam said that with the use of AI, an operator can control semi-autonomous platforms with voice commands while receiving real-time facial recognition data in the field.