Prophix Software, a global leader in mid-market Corporate Performance Management (CPM) software, announced several key promotions at the senior leadership level – including appointments to the Chief Financial Officer (CFO), Chief Technical Officer (CTO), and Senior Vice President (SVP)/General Manager (GM) of International roles. The announcement comes a year after Hg Capital's investment in Prophix and reflects the company's continued commitment to innovation in its product capabilities, as well as its accelerated global growth plans for 2022. "Over the past year, we have focused on building a scalable model for our company's growth and long-term success through product innovation, as well as by tapping the incredible talent on our team," said Alok Ajmera, President and CEO of Prophix Software. "I am thrilled to recognize our remarkable senior team leaders who will be critical contributors to our ongoing business development, helping us exceed growth targets in the cloud and AI, and supporting our international expansion strategies – as Prophix works to transform the CPM industry." Prophix's key promotions, which span the company's finance and technology teams, as well as its international arm, include:

Ziotag's AI-driven video application automates the tagging and classification of Zoom recorded meetings, interviews, webinars, and training sessions. Ziotag Inc., a New York-based technology company that uses Artificial Intelligence (AI) to make searching and navigating video and audio content a seamless experience--announces the availability of its product in the Zoom App Marketplace. Zoom customers will now have the ability to automatically classify and tag recorded Zoom meetings and presentations, giving them instant access to a detailed, AI-driven index and table of contents for each session. This enables viewers to automatically discover, search, share, and manage the content of their Zoom meetings and events--providing a win-win scenario through yielding unprecedented accessibility for Zoom publishers and users. With 71% of employed adults reporting that they now work remotely, recent events have created a crucial need for distance-enabled solutions in the workplace.

IBM has always believed that 100% of jobs will ultimately change due to the impact of AI. Recent empirical research conducted by the MIT-IBM Watson AI Lab provides insights into the prediction and explains how it's going to happen. The joint research by Massachusetts Institute of Technology and IBM scrutinized the probable applications of Machine Learning in 170 million online job postings between 2010 and 2017 and came up with a report "The Future of Work: How New Technologies Are Transforming Tasks." The research examined the impact of Artificial Intelligence on employment and inferred that the result will be a significant decrease in the number of tasks. It additionally stated that work that would require "soft skills" would be given more focus on.

With an annual income of €4 bn per year, Manpower France collects 1.3 million receivables from 80,000 companies. To handle this volume, and increasingly complex payment procedures, Manpower's Finance department started using Sidetrade technology in 2013. Sidetrade accelerates automation of the order-to-cash process, and models collection strategies for different segments of clientele. As a result, Manpower France improved their efficiency with a significant reduction in days sales outstanding. Despite this excellent performance, considering the complexity of the purchasing process, and exponential growth in data, Sidetrade decided to enrich their platform with Artificial Intelligence technology.

Survey participants in a wide variety of industries were asked to select the three jobs most likely to be replaced by AI from among the following options: Accountant/Tax Preparer, Data Entry, Food Service, Insurance Underwriters, Manufacturing, Paralegal, Pharmacist, Retail/Checkout Clerk, Telemarketer, Transportation/Driver, and Other. The Genesys findings reveal that US employees working in Education/Training and as Doctor/Nurse/Caregivers are the least afraid that AI/bots will take their jobs within the next 10 years. Human Resources employees, who should have the pulse on employment trends, identified Data Entry and Retail/Checkout jobs as the most likely to be replaced by AI, and equally at risk. Employees working in Customer Service tend toward pessimism, selecting the jobs of Retail/Checkout Clerk and Telemarketer as the most likely to suffer from AI. Surprisingly, Transportation-related jobs, such as drivers, are considered by only 16% of U.S. survey respondents as among the most likely functions to be replaced by AI. This response appears to indicate that participants are not paying close attention to the predicted coming revolution in autonomous vehicles and trucking fleets.