Earlier this month, Aaron Levie, CEO of Box teased of new growth at the end of 2018 and some small acquisitions in the future. He mentioned that the company had plans to invest more into core technologies, like artificial intelligence, security and workflow. "We might make small acquisitions ourselves in terms of growing that technology. We are very confident in the position we occupy and just want to expand that from there," and so they did! With the recent acquisition of Butter.ai, a startup that helps customers search for content across all business applications powered by machine learning.
FRAMINGHAM, Mass., July 2, 2018 – International Data Corporation (IDC) today published an IDC Innovators report profiling five technology providers that are considered key emerging vendors in the conversational AI platforms market. The five companies named as IDC Innovators are Personetics, Kore.ai, Conversational AI platforms are used to build applications that answer questions, provide advice and/or recommendations using natural language processing and other dialog related technologies. The market for intelligent conversational assistance is growing rapidly, fueled by the use and acceptance of consumer tools like Google Assistant, Apple's Siri, and Amazon's Alexa. To date, there are dozens of supplier companies seeking to address these emerging interface opportunities with new companies emerging in the marketplace every day.
Somewhere in the spare room of a home in the US or overseas, a recent high school grad and soon to be member of the Class of 2022 at a school like Stanford or Georgia Tech is gathering up the clothes, gadgets, and dorm room basics that they will need for freshman year. Four years after that traumatic (for the parents) drop-off day, that skinny but brilliant freshman will graduate and join a six-person start-up company, where he or she will play an integral part in building the game-changing technology that you and your organization will use just a few years later. Some of the companies and technologies that will be in the must-have category are pulling in venture capital investments today. This is the first in an occasional series of roundups of just a few of the noteworthy startup reporting investments. We have reviewed dozens of June press releases and posts on TechCrunch to get a sense of what already is coming down the road.
Deal will add pricing optimization and forecasting replenishment to supply chain software suite, JDA says. Supply chain technology firm JDA Software Group Inc. today said it has acquired the German artificial intelligence provider Blue Yonder GmbH, in a move it said would allow its Luminate platform of software products to generate more automated decisions and forecasts. Scottsdale, Ariz.-based JDA launched its Luminate platform in May, saying the platform would extend existing JDA applications by using artificial intelligence (AI) and advanced analytics to improve users' ability to predict consumer demand and deliver faster fulfillment. Adding additional AI and machine learning capabilities from the new acquisition will allow JDA users to generate autonomous, profitable business decisions and use their supply chains as a competitive advantage, particularly in the areas of pricing optimization and forecasting replenishment, JDA said. JDA did not disclose the terms of the deal, saying the acquisition had not yet closed.
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Perfecto has announced that its Continuous Quality Lab now supports three web testing frameworks: Codecept, Gauge, and NightwatchJS. This added support expands the company's existing set of supported test frameworks, which include Protractor, webdriverIO, selenium, and Quantum. "Development teams are focused on choosing the best tools that integrate within their toolchains," said Yoram Mizrachi, CTO and co-founder at Perfecto. "BDD frameworks can help dev teams go faster and fully achieve continuous testing across multiple web browsers. Our technology is designed to easily integrate with a variety of tools.
SAN MATEO, CA and COLUMBIA, SC – June 21, 2018 – SIOS Technology Corp., the industry pioneer in the application of artificial intelligence (AI) to help enterprises lower costs and ensure resilience of their critical information technology infrastructures, today announced the opening of the SIOS R&D facility at the M. Bert Storey Engineering and Innovation Center at the University of South Carolina's College of Engineering and Computing in Columbia. The new facility will serve as the SIOS R&D center for product development and is strategically located at the University for the purpose of advancing collaborative research in AI and machine learning through collaboration with students and faculty. With the new R&D facility located on-campus, students will have an opportunity to work with the latest AI technologies on projects addressing real-world problems alongside senior research engineers at SIOS. In turn, SIOS has the unique opportunity to participate deeply in a vibrant and rich academic community, tapping into academic programs, intern programs, Capstone projects, and helping to design meaningful research projects. To support the fostering of leading-edge research in AI, SIOS has also awarded the University a $475,000 grant for the use of its SIOS iQ software.
Israeli website navigation and digital adaptation platform company WalkMe today announced that it has acquired Israeli startup DeepUI, a company in stealth mode that has developed a patented machine learning technology to understand any business software at the graphical user interface (GUI) level, without the need for an application programming interface (API). No financial details were disclosed. The company has 600 employees with over 300 in Israel. DeepUI is WalkMe's third acquisition since the company was founded in 2011. WalkMe acquired native mobile AI startup Abbi in January 2017, and visual analytics startup Jaco in April 2017.
Google has released its standalone Podcasts app for Android and is available worldwide in the Play Store. The Google Podcasts app will have Assistant integrated so that the app will be able to provide personalized recommendations. "Integrated with the Google Assistant across your devices and packed with personalized recommendations, Google Podcasts is designed to make it easier than ever for Android users to discover and listen to podcasts," Google said in its blog post. "We're also announcing a partnership with industry experts to improve diversity in podcast creation, and sharing a peek at how AI can help transform podcasting for the better." The Google Podcasts app for Android features a home screen that will display a carousel of shows that the user is already subscribed to.
Even as AI assistants delve deeper into consumer hardware, companies still seem a bit reticent to bring them deep into their office software workflows. Jane.ai is aiming to bring natural language processing and intelligence into an employee-facing solution that lets people query a digital assistant to give them information about documents, meetings and general company knowledge. The St. Louis startup announced today that it is raising an $8.4 million Series A from private investors to power this vision. Jane lives inside apps like Slack and Skype for Business (in addition to its own web app) where users are already chatting with co-workers and may need to surface information quickly that they don't have ready access to. With Jane, employees can just message the assistant directly and the system will comb through information and apps that were uploaded and connected to the system in order to find answers.