Press Release
Infosys launches Artificial Intelligence platform Nia for businesses
SAN FRANCISCO: Building on the success of its first-generation AI platform, Infosys Mana and its Robotic Process Automation (RPA) solution, AssistEdge, Infosys on Thursday launched'Infosys Nia', the next-generation Artificial Intelligence (AI) Platform for businesses. Infosys Nia converges the big data/analytics, machine learning, knowledge management and cognitive automation capabilities of Mana; end-to-end RPA capabilities of AssistEdge; advanced, high-performance and scalable machine learning capabilities of Skytree; and optical character recognition (OCR), natural language processing (NLP) capabilities and infrastructure management services. "Nia takes our purposeful approach to AI, one in which technology serves to amplify people and empowers them to work in new ways, to new heights," Vishal Sikka, Chief Executive Officer at Infosys, said in a statement. "When we bring this together with our unmatched ability to educate and train in AI techniques and emerging technologies, we now have the platform, the services and the skills, to deliver new unprecedented value to our clients," he added. Infosys Nia, tackles business problems such as forecasting revenues, forecasting what products need to be built, understanding customer behaviour, understanding the content of contracts and legal documents, understanding compliance, and fraud.
Swedish Startup Uses AI to Figure Out What Dolphins Talk About
After mastering 40 human languages, a Swedish startup has turned to dolphins, hoping to use its language-analysis software to unlock the secrets of communication employed by the aquatic mammals. Using technology from artificial intelligence language-analysis company Gavagai AB, researchers from Sweden's KTH Royal Institute of Technology will begin compiling a dolphin-language dictionary. The software will monitor captive bottlenose dolphins at a wildlife park about 90 miles south of Stockholm, the company said in an emailed statement Wednesday. "We hope to be able to understand dolphins with the help of artificial intelligence technology," Jussi Karlgren, an adjunct professor of language technology at KTH and co-founder of Gavagai, said in the statement. "We know that dolphins have a complex communication system, but we don't know what they are talking about yet."
Artificial Intelligence Comes to the Rescue for the Retail Industry
Exponential progress in artificial intelligence (AI) and machine learning, fuelled by the combination of cloud, big data and new algorithms, is transforming the retail industry. As AI leverages big data to automate, predict and personalize, retail is testing and implementing these applications to garner robust competitive advantages. The key focus for AI in retail is customer relationships. In times of concerns for the retail sector in the UK where sales posted biggest quarterly fall since 2010, the refashioning of this industry comes as a breath of fresh air with many opportunities to come. Global Artificial Intelligence Opportunities in Retail, 2017, new research from Frost & Sullivan's Connected Industries Growth Partnership Service, offers an overview of AI and its relevance to business in 2017.
Element Data Acquires PV Cube, Expands Artificial Intelligence And Machine Learning Engineering Team
Element Data's Chief Technology Officer Charles Davis said, "The community of sophisticated artificial intelligence and machine learning experts is in high demand. We are fortunate to have such highly regarded industry leaders on our team." PV Cube's Co-Founder Vish Vadlamani said, "We are excited to bring our expertise to the Element Data team. We share a common vision for the future and how our existing technology can integrate into the efforts currently underway to improve decision making and analysis." The engineering team of Element Data is comprised of veteran developers, software architects and mathematicians with world-class expertise and named on over 50 awarded patents.
Element Data Closes $1.7M Seed Round Led By Prominent Investors
Element Data, Inc., a decision support software platform that harnesses artificial intelligence and machine learning to power decisions worldwide closed a $1.7M seed round on April 20, 2017. Archibald Cox, Jr., also known as Archie, led the seed round. Mr. Cox has more than 50 years of financial and management experience at the executive level. He served as Chief Executive Officer of Morgan Stanley International and as the Chairman of Barclays Americas and several private companies. Mr. Cox holds a Bachelor's Degree in Economics from Harvard College and an M.B.A. from the Harvard Business School.
Element Data Acquires PV Cube, Expands Artificial Intelligence And Machine Learning Engineering Team
Element Data, Inc., a decision support software platform that harnesses artificial intelligence and machine learning has acquired the technology assets and team of PV Cube, a Seattle area start-up. The acquisition expands the size of the team of existing engineers building the world's first cognitive decision engine. PV Cube's Co-Founders Vish Vadlamani and Phani Vaddadi, were most recently employed at Microsoft and led the development of Microsoft's knowledge fabric integrated within Cortana, Bing and other Microsoft products. Vadlamani and Vaddadi are named on a combined 45 awarded patents. Element Data's Chief Technology Officer Charles Davis said, "The community of sophisticated artificial intelligence and machine learning experts is in high demand. We are fortunate to have such highly regarded industry leaders on our team."
Artificial Intelligence Comes to the Rescue for the Retail Industry
Exponential progress in artificial intelligence (AI) and machine learning, fuelled by the combination of cloud, big data and new algorithms, is transforming the retail industry. As AI leverages big data to automate, predict and personalize, retail is testing and implementing these applications to garner robust competitive advantages. The key focus for AI in retail is customer relationships. In times of concerns for the retail sector in the UK where sales posted biggest quarterly fall since 2010, the refashioning of this industry comes as a breath of fresh air with many opportunities to come. Global Artificial Intelligence Opportunities in Retail, 2017, new research from Frost & Sullivan's Connected Industries Growth Partnership Service, offers an overview of AI and its relevance to business in 2017.
EverString : Named to JMP Securities Hot 100 List of Best Private Software Companies
SAN MATEO, CA--(Marketwired - Apr 24, 2017) - EverString, the leading provider of AI-assisted marketing and sales software, is proud to announce that it has been named to the JMP Securities Hot 100 List of the Best Privately Held Software Companies for 2017. EverString's SaaS platform helps B2B companies build pipeline and accelerate new customer acquisition using artificial intelligence and applied data science. The software research team of JMP Securities, one of the country's premier middle-market investment banks, publishes the annual "Hot 100" report to recognize leading private software companies based on their financial growth, product innovation, quality of leadership, customer traction and market potential. "We are honored to be named by JMP Securities as a Hot 100 software company for a second time," said J.J. Kardwell, CEO and Co-founder of EverString. "During the past year we have released major product innovations to help B2B marketing and sales professionals outperform. Our platform provides users with true self-service access to the power of artificial intelligence, comprehensive data, and predictive marketing and sales."
OpsVeda Announces Participation at SAPPHIRE NOW 2017
OpsVeda today announced that it will participate at SAPPHIRE NOW and ASUG Annual Conference being held May 16–18 in Orlando, Florida. The company will be showcasing its platform that leverages machine learning techniques for proactive detection and remediation of potential operational disruptions. OpsVeda presents the full stack real-time operational intelligence platform, to power automated operational decision making in the enterprise. It helps the operations team to re-capture an estimated 10-20% of the revenue and margin leakage due to out of stocks, chargebacks, changes in customer buying behavior, expedites, missed deliveries and inventory obsolescence. Many of these issues go undetected until it is too late for any corrective action.
Baron Demonstrates the Accuracy of Critical Weather Intelligence and Machine Learning at NAB 2017
LAS VEGAS--(BUSINESS WIRE)--Baron, the worldwide provider of Critical Weather Intelligence, revealed new revolutionary features for its one-of-a kind Baron Lynx weather platform, delivering powerful weather storytelling tools in an easy-to-use platform. The key to claiming market-differentiating weather is wrapped into stunning mapping with custom looks, exclusive Baron data and the new Baron Hand Tracker. Recognized as the market-leading provider of storm tracking and location-specific severe weather, Baron has stormed the market with an extensive list of Lynx capabilities over the last year. "Baron has incorporated innovative new capabilities into Baron Lynx that delivers market differentiating weathercasts with stunning graphical power," said Mike Mougey, Vice President of Broadcast Sales. "Combining great storytelling, a unique weather look and accurate information is how weather is won," he added.