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PROS, a provider of AI-powered solutions that optimize selling in the digital economy, today announced it has acquired Travelaer SAS, a digital innovator for the travel industry, for approximately $12 million. With Travelaer, PROS further extends its comprehensive portfolio to enable airlines to transform the traveler's digital experience across all retail channels: airline.com, "We are thrilled to welcome Travelaer to the PROS family," said President and Chief Executive Officer Andres Reiner, at PROS. "With Travelaer, PROS is uniquely positioned to provide an end-to-end solution that transforms the digital selling experience for airlines, from revenue management, through offer personalization and optimization, to supporting excellence in retail channels. This acquisition accelerates our ability to deliver airlines flexible, configurable retail capabilities yielding an optimal customer experience every time. Our combined teams will drive even greater innovation, accelerating the digital transformation our airline customers need today."

  Country: Europe > France > Provence-Alpes-Côte d'Azur > Alpes-Maritimes > Nice (0.06)
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  Industry: Consumer Products & Services > Travel (0.59)

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Jio, the world's largest mobile data network service provider, and Guavus, a Thales company and the leader in AI-powered analytics for communications service providers, announced a partnership today centered on AI-driven analytics. Guavus' AI-based solutions will provide real-time customer experience analytics, predictive analytics to automate network troubleshooting, and key marketing insights to Jio. As a result, Jio will be able to offer superior service to its customers while addressing critical service operations with intelligent automation. Jio is one of the world's largest and fastest growing data service operators with more than 300 million subscribers. The Indian service provider, which has disrupted the market with its affordable data plans and unlimited calling benefits, has created a completely digital experience for its users ranging from data services on smartphones, to gigabit Internet at home, along with a portfolio of media offerings and IoT devices such as smart speakers and switches for the smart home.


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OncoImmunity AS will now become a subsidiary of NEC and operate under the name of NEC OncoImmunity AS. OncoImmunity AS, founded in 2014, is a bioinformatics company dedicated to the development of software solutions that facilitate the effective selection of patients for cancer immunotherapy, and identify optimal neoantigen targets for truly personalized cancer vaccines and cell therapies in a clinically actionable time frame. NEC announced its business strategy surrounding its AI-driven drug discovery business in May 2019. This acquisition is integral for enhancing the resources and capabilities that support the development of its individualized immunotherapy pipelines. NEC will maintain its focus on drug discovery, while NEC OncoImmunity AS continues its neoantigen prediction services.


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The integration of Artificial Intelligence (AI) in biometric systems will play an important role in enhancing the performance of various modalities. As a major enabler of behavioural biometrics, AI is expected to find significant application in identification and authentication. AI and other technologies such as machine learning (ML) and deep learning, and the consequent development of novel business models based on new services and products, are forecast to drive the $4.98 billion market towards $11.50 billion by 2023. "AI-driven behavioural biometrics will become the main identity authentication/verification element in two-factor or multifactor authentication," said Industry Analyst Ram Ravi. "In the near term, businesses will increasingly use AI to aid decision-making as well as for greater behavioural pattern analysis of anomalies. In the longer term, blockchain will be used with biometrics for identity management across applications, and neurolinguistic programming (NLP) will become mainstream as financial institutions use voice processing to offer services and assistance."