Tag Archives: DTA

PR Newswire

Komodo Health Lauded by Frost & Sullivan for Empowering Healthcare Stakeholders with Dynamic Real-world Evidence Solutions

Leave a comment

Komodo Health provides a powerful spectrum of data analysis software to cross-link the patient’s care pathway data with other medical and healthcare datasets to better understand and predict disease

SANTA CLARA, California, July 23, 2020 — Based on its recent analysis of the North American real-world evidence (RWE) solutions market in healthcare, Frost & Sullivan recognizes Komodo Health, Inc. with the 2020 North American Company of the Year Award. Komodo’s comprehensive, real-time Healthcare Map platform facilitates access to unified, longitudinal patient encounters. Built on this platform, the company’s software solutions enable partners to analyze data dynamically to identify unmet needs across the healthcare value chain, serving payers, providers, and pharmaceutical enterprises to help them achieve better outcomes.

Komodo Health
Komodo Health

"Komodo differentiates itself with its data expertise, digital technology capability, and focus on delivering value for the customer," said Koustav Chatterjee Principal Analyst. "Its Healthcare Map links more than 150 comprehensive payer datasets and aggregates 65 billion clinical encounters, with 15 million newly-identified patient encounters added daily and in near real-time. Leveraging AI, Komodo de-identifies and links information from over 320 million patients in the US across thousands of siloed data sources while reconstructing visits from various streams. This approach makes any patient-level insight actionable."

Komodo’s robust spectrum of software solutions include Aperture, Pulse, and Prism, which are all built on the company’s Healthcare Map. While Aperture empowers life sciences teams with deep, AI-driven insights to identify and respond to disease burden patterns, Pulse provides alerts that enable optimal provider engagement based on new patient signals. Supplementing these solutions, Prism is a population health analysis software that offers the flexibility to tap into the company’s proprietary Healthcare Map to study and analyze patient cohorts, quickly generating powerful insights to inform market intelligence and product surveillance.

One of the unique elements of Komodo’s performance is that the company sources data through a vast array of relationships with commercial payer entities. Through its extensive access to payer-complete data, Komodo provides higher-resolution and richer insights into the patient journey, including clinical encounters that are typically missed by traditional "pill-tracking" data aggregators. In addition, Komodo partners with leading companies, such as Veradigm, an ambulatory electronic health record (EHR) provider, creating the largest linked EHR and claims dataset for life sciences research. Komodo partners with Datavant to expand its Healthcare Map further and to connect thousands of de-identified patient datasets.

"With COVID-19 placing significant pressures on the US healthcare system, Komodo’s software solutions have proven invaluable in creating a comprehensive understanding of individual patient’s journeys. Today, Komodo works with most leading pharmaceutical companies in North America while partnering with payers, providers and government entities," noted Chatterjee. "Its best-in-class solutions along with comprehensive support and service for partners have made it the ideal RWE solution provider to the healthcare industry."

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

About Komodo Health, Inc.
Komodo Health believes that data and analytics are the foundation for reducing disease burden. We apply artificial intelligence and other advanced analytical techniques to our first-of-its-kind Healthcare Map, which tracks the unique patient journeys of over 320 million patients. As a result, we empower a multitude of healthcare stakeholders — life science companies, healthcare payers and providers, patient advocacy groups, and others — to create a more cost-effective, value-driven healthcare system. For more information, visit komodohealth.com.

Contact:
Lindsey Whitaker
P: +1 (210) 477-8457
E: lindsey.whitaker@frost.com

Photo – https://mma.prnasia.com/media2/1218414/komodo_health_award.jpg?p=medium600

Related Links :

Frost New Home page v2

PR Newswire

Cyient reports PAT at INR 814 Mn for the First Quarter FY 21; growth of 8.0% QoQ

Leave a comment

HYDERABAD, India, July 17, 2020 — Cyient (Estd: 1991, NSE: CYIENT), a global engineering and technology solutions company, today reported its consolidated financial results for the First quarter (Q1) of FY 2021 ending June 30, 2020.

Photo – https://mma.prnewswire.com/media/1215812/Cyient_Krishna_Bodanapu.jpg

Financial Highlights

–      Consolidated revenue at $130.6 Mn (INR 9,917 Mn); degrowth of 12.5% QoQ (in $ terms) and de-growth of 16.6% YoY (in $ terms) and degrowth of 7.6% QoQ (in INR terms) and de-growth of 8.9% YoY (in INR terms)

–      Services revenue at $112.2 Mn; de-growth of 15.2% QoQ (-14.3% in CC) and de-growth of 18.6% YoY

–      DLM revenue at $18.4 Mn; growth of 8.5% QoQ, and de-growth of 1.4% YoY

–      Free cash flow to EBITDA conversion at 138.1%

–      EBIT margin for services at 6.7%, down 283 bps QoQ

–      EBIT margin for DLM at -4.6%, down 410 bps QoQ

–      Profit After Tax at INR 814 Mn for the quarter; growth of 8.0% QoQ

Business Highlights

  • Update on deal wins – Hitachi Rail:
    • Signed an agreement with Hitachi Rail to deliver project engineering services and accelerate the evolution of its signalling technology
    • Cyient will develop and operate a Central Delivery Centre for Hitachi Rail in India, and a Regional Centre in the US
    • Will be responsible for delivering engineering services for Hitachi’s global signalling projects that use proprietary interlocking platforms
  • Update on collaboration with Microsoft
    • Cyient loT Edge Gateway 5400, the flagship product in the company’s family of loT gateways, is Microsoft Azure Certified for loT
    • Cyient’s loT Edge Gateway 5400 provides diverse connectivity and communication protocol options, advanced data processing, and edge analytics capabilities for remote asset monitoring and predictive maintenance solutions
  • Diversifying our customer base
    • We have added 25 new customers in Q1 FY21
  • Commissioning of the Hyderabad factory
    • The new DLM factory in Hyderabad has been commissioned. This is one of the most advanced electronics manufacturing facilities in India, underpinned by the latest technologies in factory automation, Industry 4.0 and supply chain management
    • Strategic advantage to be located in a manufacturing hub in terms of proximity to probable customers, managing supply chains and co-ordination with the design teams

Message from the Management 
Commenting on the results, Mr. Krishna Bodanapu, Managing Director and Chief Executive Officer, said "Q1 FY21 results were better than our expectations, where we recorded a revenue of $130.6 Mn which was lower by 11.6% QoQ and 15.1% YoY in constant currency.  Services business was lower by 14.3 % QoQ in constant currency. The DLM business grew by 8.5% QoQ. We expect traction from top clients to return post Q2. The EBIT margin is lower by 328bps QoQ mainly due to lower business volume which was somewhat offset by lower SG&A spend. We generated Free Cash Flow of INR 2,163 Mn which was higher by 101% QoQ.

This quarter we had some significant wins in both new business and existing clients. This will help us strengthen our revenue outlook in the coming quarters. This quarter we also made significant investments in strengthening our business through strategic partnerships and alliances. We partnered with Microsoft for industry 4.0 offerings. The partnership will allow us take IoT solutions faster to market with hardware and software that has been pre-tested and verified to work with Microsoft Azure IoT services. We also signed a partnership with Fore Optics for joint Go to Market on taking asset tracking offering to the market. As part of this partnership Fore Optics brings in its IP in supply chain analytics and Cyient its IP in asset tracking IoT. We further strengthened the management team with the addition of Felice Gray-Kemp as the Global General Counsel and Meenu Bagla as the Chief Marketing Officer. The new DLM factory in Hyderabad has been commissioned and I am happy to say that this is one of the most advanced electronics manufacturing facilities in India, underpinned by the latest technologies in factory automation, Industry 4.0 and supply chain management.

Our Outlook for Q2 is positive and we expect growth to return in all industries except Aerospace, which will de-grow further in Q2. For the year, we expect a de-growth in revenue in double digits. We will also reiterate that H2 margin will be back to the steady state margin of H1 of last year. This will continue to be underpinned by strong free cash flow generation and prudent Capex spend."

Commenting on the results, Mr. Ajay Aggarwal, President & CFO, said, "The revenue for Q1FY21 stood at $130.6 Mn (INR 9,917 Mn) with EBIT of INR 511 Mn and PAT of INR 814 Mn. Our rigor on cash collections, close engagement with customers and initiatives on cash conservation has yielded results with FCF generation of INR 2,163 Mn and FCF to EBITDA conversion of 138.1%.

With significant efforts spent on efficiencies and cost optimisation in the last financial year, our focus on cost reduction and profit improvement continued in Q1 and well set to show results in the coming quarters. We are positive on realising benefits of our sustained initiatives on collections, working capital cycles, payables and discretionary cost control in FY21. 

In the current turbulent times, it is very difficult to predict future with a reasonable certainty. We are cognizant of the dynamic situation we are in, and are working with extreme agility in making decisions and taking corrective actions to manage business scenarios with special focus on cash and costs.

We remain strongly focused on growth, improvement in operating efficiencies and cash generation and thus maximizing the value for our shareholders."

Business performance and outlook

Aerospace & Defense
Aerospace & Defence business unit witnessed a decline of 15.6% QoQ and 21.5% YoY. The services business from commercial aviation clients witnessed significant challenges across geographies. The defence business remained resilient and we expect the traction to continue through the year. The manufacturing business grew driven by new wins and stable defence accounts.

We expect to witness decline in Q2 driven by poor market demand for passenger travel. We are actively engaged with key clients to strengthen our relationship and retain our market share. We expect manufacturing business to witness strong growth through Q2. The digital offerings are seeing momentum in this vertical. We expect the demand to be driven by digital, defence and DLM in the near term.

Communications
Communications business unit witnessed a decline of 10.8% QoQ and growth of 0.6% YoY. The services business witnessed increased demand in key clients driven by demand for increased network bandwidth both from consumer & enterprise segments. Also, 5G rollouts across various geographies are gaining traction. However, closure on major programs, field access and new client acquisition remained a challenge.

We expect strong growth in Q2 driven by growth in key clients. 5G rollouts, wireless and fiber rollout, digital technologies will continue to drive growth through next few quarters.

Transportation
Transportation business unit witnessed a decline of 10.9% QoQ and 23.9% YoY, primarily driven by change in revenue complexion and lower momentum in one of our key clients. 

Our outlook for Q2 continues to remain positive driven by growth in key client accounts and new wins in mobility business. We expect momentum in signaling business to return through the quarter.

E&U
Energy and Utilities business unit witnessed a decline of 19.4% QoQ and 30.0% YoY driven by temporary stoppage in field work for the Utilities business and decline in demand for the manufacturing business.

We expect strong growth in Q2 driven by growth across services. We expect traction in Energy segment to return post Q2

Medtech and Healthcare
Medical technology and Healthcare business unit witnessed a growth of 18.2% QoQ and 32.7% YoY driven by growth in key client in the services business and manufacturing business.

Our outlook for Q2 stands positive driven by growth in key client in the manufacturing business. We expect growth in Covid related equipment’s like IVD and hospital equipment’s to drive growth through the quarter.

SIA (Semiconductor, Semiconductor, IoT and Analytics)
Semiconductor, IoT and Analytics business unit witnessed a growth of 15.6% QoQ and decline of 18.7% YoY. The growth was driven by growth in key clients in semiconductor as well as embedded automotive services. We also completed ASIC IC shipments for a high precision GPS chip leveraging our new test infrastructure in Europe. Asides this, our facilities in Leuven (Belgium) and Duisburg (Germany) will be fully equipped to perform test development for high volume production for complex analog mixed signal ASICs through the year.

We expect growth through Q2 driven by ramp up in new turnkey ASIC projects and IC shipments.

DLM (Design Led manufacturing)
Design Led manufacturing business unit witnessed a growth of 8.4% QoQ and decline of 1.4% YoY driven by growth across Aerospace and Medical segments. Our strong focus on inventory reduction through the quarter resulted in increased cash flow for the business.

We expect strong growth through Q2 driven by key clients in Aerospace & Defence and Medical segment. We will continue to focus on better inventory management and operational excellence to improve our cash position.

About Cyient
Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, domain knowledge, and technical expertise to solve complex business problems.

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com.

Follow news about the company at @Cyient.

Media Relations
Perfect Relations
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com 

Disclaimer

This document contains certain forward-looking statements on our future prospects. Although Cyient believes that expectations contained in these statements are reasonable, their nature involves a number of risks and uncertainties that may lead to different results. These forward-looking statements represent only the current expectations and beliefs, and the company provides no assurance that such expectations will prove correct.

All the references to Cyient’s financial results in this update pertain to the company’s consolidated operations comprising wholly-owned and Step-down subsidiaries Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyient Israel India Limited; Cyient Insights Private Limited; Cyient Canada Inc.; Cyient Defense Services Inc.; Certon Software Inc.; Certon Instruments Inc.; B&F Design Inc.; New Technology Precision Machining Co. Inc.; Cyient Insights LLC; Cyient Benelux BV; Cyient Schweiz GmbH; Cyient SRO; AnSem NV; AnSem B.V.; Cyient AB; partly owned subsidiaries Cyient Solutions and Systems Private Limited; Cyient DLM Private Limited; joint venture Infotech HAL Ltd (HAL JV) & associate company Infotech Aerospace Services Inc. (IASI) until 8th December 2017.

The income statement and cash flow provided is in the internal MIS format. MIS format is different from the income statement published as part of the financial results, which is as per the statutory requirement.

 

 

Related Links :

http://www.cyient.com

PR Newswire

Arria and TIBCO Announce Strategic Partnership to Bring Faster Understanding of Data with Natural-language Narratives

Leave a comment

NEW YORK, July 17, 2020 — Arria NLG, a leading provider of Natural Language Generation (NLG) technology, today announced the two companies have joined forces to help the world draw greater meaning from data, opening the doors to better solutions for many of the problems we face. Their collaboration augments BI dashboards with insights written in natural language, providing a new starting point for data analytics.

jwplayer.key=”3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=”

 

 

jwplayer(‘myplayer1’).setup({file: ‘https://mma.prnewswire.com/media/1215728/Arria_NLG_TIBCO_Spotfire.mp4’, image: ‘http://www.prnasia.com/video_capture/3065697_AE65697_1.jpg’, autostart:’false’, aspectratio: ’16:9′, stretching : ‘fill’, width: ‘512’, height: ‘288’});

Already, this strategic partnership has assisted people by giving them an improved understanding of COVID-19 data in the context of whichever places around the world they most urgently need information on. Arria’s natural language generation software was used in a TIBCO Spotfire® COVID-19 dashboard to provide key data insights into the impact of the disease from the local level to the global level.

TIBCO data scientists aggregate massive amounts of data for reporting in their dashboards, which include maps, graphs, and other visualizations to illustrate what’s happening around the world. Arria’s NLG software then uses artificial intelligence to transform the data into dynamically generated written narratives, helping dashboard viewers better understand what the data is telling them. People can more easily see trends in the virus numbers, such as what areas are experiencing fewer cases, whether there are any upticks, and what’s happening with the numbers as states reopen. Video >

“Language was one of the world’s greatest advancements, it catapulted humanity forward. Bringing human language to technology surely will have a similar impact,” says Sharon Daniels, CEO of Arria. “If data is the new oil, democratizing data understanding is the way to fuel business growth.”

The pandemic isn’t the only area where the collaboration between Arria NLG and TIBCO can give people a greater understanding of the ever-changing data that plays such a critical role in all aspects of their lives. Businesses have begun reaping rewards as well. Applications for businesses include pharma, finance, retail, and general enterprise reporting – any place where dashboards are used to provide instant access to critical information.

For example, Arria’s technology is available as an add-on to TIBCO Spotfire, enabling companies to do more in Spotfire® with their data by going beyond visualizations — essentially providing a new starting point for data analytics.

As a result, people at all levels within an organization will gain a valuable understanding of what the data reveals. Business intelligence becomes more valuable when it can be easily understood and used by anyone across the enterprise, and not just by data scientists. Arria’s natural language generation allows individuals to connect, communicate, and share understanding and insights that will bridge silos across the enterprise.

“The pandemic has highlighted the need for sound data science and fact-based insights for everyone,” says Michael O’Connell, chief analytics officer for TIBCO. “These automated written summaries from Arria provide immediate understanding of the COVID-19 data, and a clear distillation of insights, to guide behavior and public policy.”

About Arria NLG
Arria NLG (www.arria.com) is the global leader in the field of Natural Language Generation (NLG), a form of artificial intelligence, specializing in extracting insights from complex data sources and communicating that information in natural language (i.e. as if written or spoken by a human). Arria’s API architecture enables seamless integration with any BI, RPA or VOICE platform. Arria offers NLG solutions for banking, government, financial services, insurance, pharmaceutical, consumer-product goods, news and media.

TIBCO and Spotfire are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification.

Related Links

COVID-19 dashboard

https://www.arria.com/studio-for-bi/

Arria’s technology is available as an add-on to TIBCO Spotfire

Video >

Media Contact: Lyndsee Manna
Senior Vice President, Business Development and Partnerships
Lyndsee.manna@arria.com

Video – https://mma.prnewswire.com/media/1215728/Arria_NLG_TIBCO_Spotfire.mp4 
Logo – https://techent.tv/wp-content/uploads/2020/07/arria-and-tibco-announce-strategic-partnership-to-bring-faster-understanding-of-data-with-natural-language-narratives.jpg

Related Links :

Home
https://mma.prnewswire.com/media/1215728/Arria_NLG_TIBCO_Spotfire.mp4
PR Newswire

Cyient Attains Gold Status in the Esri Partner Network

Leave a comment

Designation will boost the company’s collaboration with Esri to develop and implement a wide range of cutting-edge geospatial services, tools, and solutions for global customers.

HYDERABAD, India, July 16, 2020 — Cyient, a global engineering and technology solutions company, today announced that it has attained Gold partner status in the Esri Partner Network. The company received recognition for its robust and continued investment in achieving Esri’s ArcGIS Online, Release Ready and Utility Network Management Specialties. With this designation, Cyient joins an exclusive list of companies that have reached Esri Gold Partner status globally.

Mr. John Renard, President Portfolio Business Unit and President EMEA, Cyient
Mr. John Renard, President Portfolio Business Unit and President EMEA, Cyient

As a Gold Partner, Cyient will strengthen its collaboration with Esri to develop and implement a wide range of next-generation geospatial services, tools, and solutions across multiple industries, including telecommunications, energy & utilities, mining, transportation, defense, the public sector, and manufacturing.

Speaking on the announcement, John Renard, President Portfolio Business Unit and President EMEA, Cyient, said, “We are delighted to become a Gold Partner for Esri. Cyient has a strong, 25-year relationship with Esri, and together, we have developed and delivered critical, game-changing geospatial solutions for customers. This enhanced partnership will accelerate a new level of collaboration between Cyient and Esri to work together more closely in the future and provide value-added experience to global customers and enhance the efforts in building a stronger GIS community worldwide.”

“Building on our longstanding relationship, we are pleased to recognize Cyient as an Esri Gold Partner,” said Robert Laudati, Esri’s Director of Global Partners and Alliances. “Advancements in Esri technology combined with Cyient’s domain focus and industry expertise have resulted in solutions that are helping to solve complex challenges across multiple industries, and we are excited to take this collaboration to the next level.”

The Esri Partner Network is a rich ecosystem of organizations that work together to amplify The Science of Where. Esri’s 2,600+ partners deliver solutions, content, and services around the world. Combining industry-specific knowledge with ArcGIS software expertise, Esri partners customize and extend the reach of geographic science in limitless applications and organizations. Learn more at www.esri.com/en-us/about/esri-partner-network/overview

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company. As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, domain knowledge, and technical expertise to solve complex business problems.

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com
Follow news about the company at @Cyient

About Esri:

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, offers the most powerful geospatial cloud available, to help customers unlock the full potential of data to improve operational and business results. Founded in 1969, Esri software is deployed in more than 350,000 organizations including 90 of the Fortune 100 companies, all 50 state governments, more than half of all counties (large and small), and 87 of the Forbes Top 100 Colleges in the U.S., as well as all 15 Executive Departments of the U.S. Government and dozens of independent agencies. With its pioneering commitment to geospatial information technology, Esri engineers the most advanced solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.

Contact Details

Media Relations
Perfect Relations
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com

Photo – https://techent.tv/wp-content/uploads/2020/07/cyient-attains-gold-status-in-the-esri-partner-network.jpg 
Logo – https://techent.tv/wp-content/uploads/2020/07/cyient-attains-gold-status-in-the-esri-partner-network-2.jpg

Related Links :

http://www.cyient.com
PR Newswire

The New Face of AI: Presagen’s Federated Learning algorithm creates higher performing AI than traditional centralized learning

Leave a comment

SAN FRANCISCO, July 14, 2020 — AI Healthcare company Presagen has developed a novel Federated Learning technique that can create better performing AI than traditional centralized training approaches.

Lines connect a selection of major global cities revealing a world wide network. Maps courtesy: NASA and CIA World Databank IIDifferent Angles:
Lines connect a selection of major global cities revealing a world wide network. Maps courtesy: NASA and CIA World Databank IIDifferent Angles:

 

Federated Learning is a technique that allows AI to train on data distributed in different locations throughout the world, without having to move or centralize the data, in order to protect data privacy. Presagen’s patent-pending approach, called Decentralized AI Training, has AI traveling to the data rather than data traveling to the AI.

Presagen’s Co-Founder and Chief Scientist Dr Jonathan Hall said “With Decentralized AI Training, the AI travels to the data, trains, and then moves to the next data source. Only the AI, which represents general learnings from the data, is shared, and never the private data themselves. This allows our team to train AI on private patient data that we never see.”

An unexpected and exciting result showed that Decentralized AI Training can achieve greater accuracy than training on the same data using the traditional centralized approach. When the data are of poor quality, the technique becomes self-correcting and accuracy improvements of over 10% have been achieved.

Dr Michelle Perugini, Co-Founder and CEO said “This result is critical for developing commercial AI products. Real world problems like healthcare are not Kaggle competitions. Data are inherently poor quality due to subjectivity or clinical uncertainty. Importantly, when you cannot personally see or verify the data, you are exposed to adversarial attacks where data contributors intentionally insert poor quality data. It is important for the AI to handle these situations robustly and automatically for you. This reduces the need to manually process, clean and verify data, which is a huge expense for AI companies, and can also infringe on the privacy of patients.”

A CB Insights Report, Artificial Intelligence Trends To Watch In 2020, quotes the CEO of Google Sundar Pichai saying “On user privacy and control, it’s always been a big focus for us…Initiative is underway for example like federated learning for almost three years…I think it’s one of the most important areas we are working on.”

Google has its own patented Federated Learning technique originally designed for running AI on individual mobile phones. Presagen’s alternative technique was designed for distributed nodes and clusters of unbalanced data from data sources (e.g. clinics), ensuring no movement or sharing of private data whilst maintaining scalability and efficiency.

Presagen Co-Founder and Chief Strategy Officer Dr Don Perugini said “Federated Learning will become pivotal for AI companies operating in the healthcare industry to build commercially scalable AI medical products. Scalable and unbiased AI need diverse datasets to train on, which represent different patient demographics and clinical settings. However, health privacy laws in many countries prevent private clinical data leaving the country of origin. Federated Learning allows AI to train on a globally diverse dataset, without having to move or centralize the data, to create AI products that clinics and patients anywhere in the world can use and rely on.”

Presagen’s Federated Learning is supported by Presagen’s AI Open Projects initiative, which is currently focused on the underserved women’s health sector (Femtech). Presagen announces a call out for “projects”, which are specific medical products that are being developed, to clinics globally to contribute data. Annotated and verified data from clinics, in a pre-specified format, can be “connected” easily by clinics via the drag and drop function onto Presagen’s online Clinical Data Portal. Data remain on secure local cloud servers within the country of origin, ready for decentralized AI training. This also shifts the effort of data labeling and pre-processing onto to clinics, who have the right expertise, which eliminates the large cost and barrier for AI companies. In return for contributing labeled data and clinical trial support, Presagen offers royalties on the global sales of the product once commercialized. This allows clinics of any size, anywhere, to monetize their data without the technical or commercial cost and risk.

Presagen’s first AI medical product, Life Whisperer, is already in use globally by IVF clinics. Life Whisperer uses AI to identify which embryos in IVF are likely to lead to a successful pregnancy. The assessment is conducted on single static images of embryos. In a published international clinical study Life Whisperer performed 25% better than current manual embryo assessment methods. Life Whisperer was built on globally diverse data from clinics in multiple countries.

Presagen has recently developed a range of patent-pending AI technologies which drives a fundamental paradigm shift in developing commercially scalable AI products for real-world problems, that apply beyond healthcare and to AI more generally.

Dr Michelle Perugini said “We are excited that over the coming weeks and months we will present to the world the suite of technologies which we believe advance the field of AI. These technologies will allow Presagen to build scalable AI products that are more commercially viable and technically superior, and thus market dominating. This is vital in Presagen’s journey to become world-leaders in AI Enhanced Healthcare and a dominant player in the AI in Femtech market globally. More importantly we see it as an opportunity to change, lead, and dominate the AI industry more broadly.”

 

Related Links :

https://www.presagen.com/

PR Newswire

ThroughPut Inc. recognized as a Finalist of Microsoft for Startups 2020 Microsoft Partner of the Year

Leave a comment

PALO ALTO, Calif., July 14, 2020 — ThroughPut Inc., the Industrial AI company that manages operational bottlenecks across supply chains to increase output and cash-on-hand when it really matters, today announced it has been named a finalist of the Microsoft-for-Startups 2020 Microsoft Partner of the Year Award. ThroughPut is honored to be recognized among a global field of top Microsoft Partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

On being selected as a finalist for this recognition, Mr. Ali Raza, ThroughPut’s founding CEO said, “The opportunity to leverage ThroughPut’s AI software to help companies to monetize their diverse industrial data at scale on the world’s biggest enterprise data pipeline, aggregation and compute platform with Microsoft and Azure, is something we are grateful for every day. To be further recognized for our contributions to free-up working capital from COVID-impacted global supply chains across the far reaches of the Microsoft Enterprise platform further inspires our team of Digital Industrialists to keep persevering towards our vision of the future of efficient industrial business of greater output, less waste and increased free-cash-flow. We would like to especially thank Microsoft-for-Startups, the global Azure Team, and the entire extended Microsoft ecosystem for supporting our mission to enable data-driven leaders to continuously improve their operations, supply chains and their workforce’s improved capabilities in this new digital age.”

Seth Page, COO of ThroughPut added, “We are excited to be selected as one of the frontrunners for this prestigious award. At ThroughPut, we are laser focused on enabling our clients to maintain operational throughput to address the highest level of customer demand with their existing resources and data systems in any market condition. The Microsoft Partner Ecosystem and the Azure Marketplace have together accelerated our efforts to reach global customers, with exceptional Go-To-Market guidance and Geo-Expansion support.”

The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered exceptional Microsoft-based solutions during the past year. Awards were classified in several categories, with honorees chosen from a set of more than 3,300 submitted nominations from more than 100 countries worldwide. ThroughPut Inc. was recognized for providing outstanding solutions and services in Microsoft-for-Startups.

“It is an honor to recognize the winners and finalists of the 2020 Microsoft Partner of the Year Awards,” said Gavriella Schuster, corporate vice president, One Commercial Partner, Microsoft. “These partners go above and beyond, delivering timely solutions that solve the complex challenges that businesses around the world face – from communicating and collaborating virtually to helping customers realize their full potential with Azure cloud services, and beyond. I am proud to honor and congratulate each winner and finalist.”

PR Contact:
Tina Jacobs
tina.jacobs@throughput.ai

About ThroughPut Inc.
ThroughPut Inc. is an Industrial AI company that manages operational bottlenecks across supply chains to increase output & cash-on-hand when it really matters. ThroughPut’s supply chain AI products, ELI and ELITE, includes the Bottleneck Management System (BMS) that utilizes existing enterprise databases, such as ERP, MES, IMS, TMS, WMS, PLC, EAM, POS, CRM, SCADA, and other data systems, to solve the bottleneck problem across global supply chains that lead to waste, inefficiency and reduced cash-flow. ThroughPut’s systems are designed by Fortune 500 geo-market logistics leaders and Silicon Valley AI, Advanced Analytics and industry domain experts with deep applied hands-on experience in the field. ThroughPut’s ELI software thinks like an operations manager and automatically provides domain expertise, insights, and recommendations in real-time, which contemporary static business intelligence and analytics tools do not effectively capture nor remediate. ThroughPut’s dynamic insights include real-time resource allocation recommendations, granular root causes, and operational process stability analysis. ELI enables process improvement experts and operations managers to reduce cycle times and operational unpredictability across some of the most advanced process industries, including automotive, manufacturing, food & agriculture, oil & gas, transportation & aviation, aerospace & defense, chemical processing, energy, and many others.

Related Links :

http://www.throughput.world

PR Newswire

Herta Launches New COVID-19 Technology for the New Normality

Leave a comment

The leading facial recognition firm launches new video analytics to enhance security and safety in the new post-pandemic era

BARCELONA, Spain, July 13, 2020 — Herta, the Barcelona based facial recognition company, has recently launched a new range of solutions that will help businesses and industries adapt to the new normality.

COVID solutions Herta
COVID solutions Herta

Awarded with the COVID-19 Response Seal of Excellence by the European Comission, Herta’s new applications allow the monitoring of social distancing, occupancy control, mask detection, and facial recognition, even when people wear masks.

Herta’s technology is characterized by having the best reputation, with real and large-scale security projects worldwide. By expanding their product range, the company aims to reinforce their mission: increase the world’s safety by building user-friendly computer vision solutions. With these new applications, Herta will surely help organizations comply with the new COVID-19 safety regulations as well as covering the needs that arise in this new normality.

Photo – https://techent.tv/wp-content/uploads/2020/07/herta-launches-new-covid-19-technology-for-the-new-normality.jpg

Related Links :

https://hertasecurity.com

PR Newswire

Customer Contact VIRTUAL: A Frost & Sullivan Executive MindXchange

Leave a comment

Proving that networking, collaboration and community can be formed virtually

SANTA CLARA, California, July 10, 2020 — Due to the global health crisis and in the best interests of our participants, clients and employees, Frost & Sullivan has decided to transition the live Customer Contact East: A Frost & Sullivan Executive MindXchange to an all-encompassing virtual experience. This virtual event will take place September 22-24 and includes four hours of virtual content and interactive experiences each day.

Customer Contact VIRTUAL: A Frost & Sullivan Executive MindXchange
Customer Contact VIRTUAL: A Frost & Sullivan Executive MindXchange

The agenda for Customer Contact VIRTUAL: A Frost & Sullivan Executive MindXchange is currently being confirmed; for full details, please visit: frost.com/cc-virtual

Customer Contact VIRTUAL will incorporate the same interactive and experience-driven themes as the original in-person event. Topics on the agenda will range from customer contact best practices to specific game plans of how to navigate the customer experience during a crisis. Participants should expect to share insights, build relationships and gain unique cross-industry perspectives from a savvy group of industry vice presidents, directors, managers and other senior-level executives. The virtual event will include several interactive formats, including roundtables, think tanks, demos, a virtual exhibit hall, as well as special VIP activities.

Since the outbreak of the COVID-19 pandemic, Frost & Sullivan has hosted a monthly Customer Contact & Customer Experience Webinar Week Series to provide different industry audiences virtual options during a time when in-person events have been canceled or postponed. The April and May webinar weeks have attracted over 600 unique registrants and delivered best-in-class insights to customer contact and CX professionals.

For additional information, please email events.us@frost.com.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Contact:
Adam Kahn
Global Senior Director, Digital Strategy & Marketing Operations
adam.kahn@frost.com
Phone: 508.538.1010

Photo – https://techent.tv/wp-content/uploads/2020/07/customer-contact-virtual-a-frost-sullivan-executive-mindxchange.jpg

Related Links :

http://www.frost.com

PR Newswire

iClick Interactive Ranked Among Top 10 Digital Marketing Solution Providers in APAC for Second Consecutive Year by CIO Advisor APAC

Leave a comment

HONG KONG, July 9, 2020 — iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that it was listed as one of the "Top 10 Digital Marketing Solution Providers in APAC 2020" by CIO Advisor APAC for the second consecutive year recognizing excellence in delivering Digital Marketing solutions for the Asia-Pacific region. Earlier this year, the Company was also listed as one of the "Top 10 Ad Management Companies 2020" by CIO Advisor APAC.

Powered by cutting-edge technologies and over 930 million Chinese consumer datasets covering 98% of Internet users in China, iClick’s proprietary platform has earned a strong reputation for helping enterprises achieve robust sales growth. Among the cases cited by CIO Advisor APAC as especially outstanding was iClick’s recent cooperation with QiaQia Food, China’s largest producer of roasted seeds and nuts, to optimize its outbound and inbound marketing efforts via the WeChat mini-program platform. Leveraging iClick’s integrated Enterprise and Marketing Cloud Platform that provides full-stack marketing and consumer lifecycle solutions, QiaQia Food realized 180% growth in monthly GMV and average growth of 30% in the number of monthly paying users of its official WeChat mini-program for the twelve months ending May 2020.

"We are delighted to receive this accolade, our second award from CIO Advisor this year," said Jian "T.J." Tang, Chief Executive Officer and Co-Founder of iClick Interactive. "Like QiaQia Food, many Chinese and international brands are striving to grow their businesses in the face of the COVID-19. To help them reach the right consumers, iClick’s solutions integrate extensive online and offline data to create an in-depth understanding and segmentation of customers. By leveraging various technologies, including deep learning, machine learning, predictive analytics, and real-time matching technologies to perform multi-dimensional data drill-downs and dynamic correlation analysis, iClick brings digital marketing solutions to the next level and empowers our clients to effectively target the right audiences with the right messages."

With COVID-19 accelerating the shift in consumer habits towards e-commerce, iClick’s market-leading online marketing solutions are helping more and more brands unlock tremendous retail opportunities in China’s ever-growing digital ad market which is expected to overtake the US as the world’s largest market in 2023.

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, iClick’s proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe.

For more information, please visit ir.i-click.com.  

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

In the United States:

iClick Interactive Asia Group Limited

Core IR

Lisa Li

John Marco

Phone: +86-21-3230-3931 #892

Tel: +1-516-222-2560

E-mail: ir@i-click.com

E-mail: johnm@coreir.com

 

Related Links :

Homepage
PR Newswire

IAR Systems Launches Support for Flagship Renesas MCUs Across Security Development Framework

Leave a comment

Latest versions of C-Trust and the Security from Inception Suite adds support for the recently announced Renesas RA microcontroller family plus extended support for the highly successful Renesas RX microcontroller family

UPPSALA, Sweden, July 8, 2020 — IAR Systems®, the future-proof supplier of software tools and services for embedded development, today releases new versions of the security development tool C-Trust® and the Security from Inception Suite, which extend the device support with a number of microcontrollers (MCUs) from Renesas Electronics Corporation, further addressing the increased security requirements for embedded applications.

C-Trust works as an extension of the complete development toolchain IAR Embedded Workbench® and enables developers to easily protect an existing or new application without having to master the deeper complexities of security. The Security from Inception Suite integrates C-Trust with additional security development tools plus market-leading training to support companies transitioning into the security domain to achieve legislative requirements, such as California & Oregon consumer law, the ETSI TS 103 645 standard, and the IEC 62443 industrial IoT security standard. The Renesas RA MCU family is based on Arm® Cortex®-M and delivers a combination of optimized performance, security, connectivity, peripheral IP, and easy-to-use Flexible Software Package (FSP) to address the next generation of embedded solutions. The security development tool C-Trust now supports the RA6M3 group of MCUs in the RA Family. In addition, the support for Renesas RX MCUs is extended with support for RX72N, building on the previous coverage for Renesas RX65N. By using C-Trust, developers are able to improve the security of an application with robust protection against Intellectual Property (IP) theft, malware injection, counterfeiting and overproduction. Furthermore, by developing on the Renesas platforms with C-Trust, it is now possible to accelerate compliance with the new legislation. For example, ensuring that the identity and device management requirements dictated by IEC62443 are easily integrated across the development organization.

“We have built a comprehensive partner ecosystem around RA MCUs, making it easy to develop IoT endpoint and edge devices for a number of application areas,” says Mohammed Dogar, Senior Director of Global Business Development at Renesas. “We are pleased to see our key partner IAR Systems further contributing to this by adding support for more Renesas MCUs in their security tools.”

“The growing number of security legislations globally drives a need for easing security implementation, both in existing and new designs,” says Clive Watts, Director of Product Management, Embedded Security Solutions, IAR Systems. “To help our customers in meeting the increasing security requirements, we are constantly updating the device support in our security tools offering. By supporting both the RA and RX families, we deliver a security solution enabling developers to leverage their security investment across several architectures without the need for extensive redesign or rework.”

To help companies in building the right level of security for their needs, IAR Systems offers the Security from Inception Suite, which is a unique set of tools and services for implementing and customizing security in embedded applications. More information about IAR Systems’ complete security offering, as well as details about the security tool C-Trust, is available at www.iar.com/security.

IAR Systems Contacts 
AnnaMaria Tahlen
Content & Media Relations Manager,
IAR Systems
Tel: +46-18-16-78-00
Email: annamaria.tahlen@iar.com 

Tora Fridholm
CMO, IAR Systems
Tel: +46-18-16-78-00
Email: tora.fridholm@iar.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/iar-systems/r/iar-systems-launches-support-for-flagship-renesas-mcus-across-security-development-framework,c3150704

The following files are available for download:

Related Links :

http://www.iar.com