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PR Newswire

Clarivate Introduces Next Generation Insights Platform with Cortellis Generics Intelligence

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Enhanced Newport platform allows for comprehensive and accurate analysis of market, API and patent data from a single application

LONDON, July 1, 2020 — Clarivate Plc (NYSE:CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced the launch of Cortellis Generics Intelligence™ to enable generics companies and Active Pharmaceutical Ingredient (API) manufacturers to make timely and more informed data-driven decisions as they seek to drive business growth, identify new markets, products and partners, defend market share and more. The modern, intuitive platform enables sourcing, business development, portfolio and intellectual property teams within an organization to make data-driven decisions – all from a single application.


Cortellis Generics Intelligence powered by Clarivate Research Intelligence Cloud replaces and enhances the well-known Newport platform from Clarivate. It includes new intuitive search capabilities together with expertly curated data on market performance, patents and litigation, and manufacturers to assist finished dose manufacturers, API manufacturers, and pharmaceutical marketers in their pursuit to successfully launch generic drugs and maintain a steady supply chain.

This comprehensive database collates crucial market, API, and patent data, including sales and consumption data, product launches, company information, Paragraph IV patent challenges, API suppliers’ regulatory filings and more. With seamless connectivity to the broader Cortellis suite of life science intelligence solutions, researchers will have comprehensive access to high-quality drug development, clinical trial, deal-making and regulatory intelligence.

Keith Collier, Senior Vice President of Product Management, Clarivate said: "The generics industry is extremely competitive with a high degree of uncertainty and complexity in bringing a drug to market or identifying APIs with the most market potential. All teams within a company are involved in making decisions that will ultimately impact their company’s achievements and risk making the wrong decision based on partial data. Cortellis Generics Intelligence is the most comprehensive source of market performance, patent and manufacturing data, allowing generics and API companies to easily connect the dots between key areas of intelligence, so they can validate their strategy with the assurance they haven’t missed any critical considerations. Ultimately, this will allow them to quickly shift from market research and assessment to actually implementing their strategic priorities."

According to The Centre for Medicines Research (CMR) International, over the next seven years, 114 products are predicted to lose exclusivity and become generic within the U.S. ― 8% of which are currently blockbuster products1. This number is scheduled to increase each year from now until 2022. Due to high demand within the blockbuster space, selecting the right drug for investment requires precision. The number of Abbreviated New Drug Application (ANDA) final approvals granted by the FDA to Indian- and U.S.- headquartered companies saw a marked decrease in 2018, further supporting the need to identify the right drugs for investment to ultimately secure ANDA approval2. In addition, the number of products exposed to Paragraph IV challenges in the U.S. has continued to rise over the past four years3, indicating that more companies are looking to launch generic drugs around the world, which heightens competition. Similar dynamics are in play in other major markets around the world. These points reinforce the need for greater accuracy early in the generics lifecycle to develop a validated launch strategy and identify less promising portfolio candidates earlier – enabling the most effective use of time and resources.

Cortellis Generics Intelligence is comprised of data spanning more than 64,000 small molecules and biologics, 72,000 manufacturers and marketers, 1.1 million worldwide patents, 62,000 regulatory documents across 25+ countries, and more. Additional analytics and functionality will continue to be added throughout 2020 and 2021 to further aid with generics companies’ strategies and decision-making. The data will continue to be updated daily and expand into additional analytics to support market share analysis, the impact of litigation on generic launches and competitive assessments.

To learn more about Cortellis Generics Intelligence, visit http://www.clarivate.com/genericsintelligence.

About Clarivate

Clarivate™ is a global leader in providing trusted information and insights to accelerate the pace of innovation. We offer subscription and technology-based solutions coupled with deep domain expertise that cover the entire lifecycle of innovation – from foundational research and ideas to protection and commercialization. Today, we’re setting a trail-blazing course to help customers turn bold ideas into life-changing inventions. Our portfolio consists of some of the world’s most trusted information brands, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. For more information please visit www.Clarivate.com.

Forward-Looking Statements
This press release and oral statements included herein may contain forward-looking statements regarding Clarivate. Forward-looking statements provide Clarivate’s current expectations or forecasts of future events and may include statements regarding results, anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of Clarivate’s control that may cause actual results to differ materially. Clarivate undertakes no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise.

1 Clarivate Analytics (2019), 2019 CMR International Pharmaceutical R&D Factbook, https://discover.clarivate.com/2019CMRFactbook 
2 Clarivate Analytics (2019), 2019 CMR International Pharmaceutical R&D Factbook, https://discover.clarivate.com/2019CMRFactbook
3 Clarivate Analytics (2019), 2019 CMR International Pharmaceutical R&D Factbook, https://discover.clarivate.com/2019CMRFactbook 

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PR Newswire

Location Intelligence can save Billions of Dollars in Public Infrastructure Investments

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SINGAPORE, June 30, 2020 — It has now been a month since Quadrant’s Asia Pacific Data Alliance (APDA) launched, and over 100 companies, including some of the world’s leading consulting, geospatial and data analytics firms, have joined the program. The program helps leading corporations, governments, and researchers access quality mobile location data to understand the effects, mitigate the risks and optimize their solutions throughout the pandemic.

We are proud to present some of the pioneering work being done in the world of smart cities by one of our members, Mantra Studios. They are leading built environment intelligence agency focused on providing human insights within big data to help government, developers and designers create and invest in people-centric places. Mantra Studios makes it simple for their clients to understand their community by providing powerful insights on local audiences, uncovering commercial potential, highlighting spatial activity, and discovering the magnetism of places.

Calibrating Mobile Device Data with Smart City Data to Inform Urban Redevelopment Strategies During the Covid-19 Pandemic

The Covid-19 pandemic has created atypical demand patterns in cities and places, creating significant challenges for urban redevelopment in major cities. With social distancing and stay at home orders in effect, historic and trendline data sets are becoming increasingly sought after in the urban arena. They are especially used to inform business and planning strategies as they offer insights into patterns of place use and movement trends.

One of the primary challenges when relying on data findings to underpin long-term investments is that no single data source can provide information on place utilisation. To address this issue, Mantra Studios developed proprietary data calibration methods which use machine learning technologies to ingest cross platform smart city data sources (e.g. IOT, Wi-Fi, and sensor data) to produce reliable calibration metrics to enhance mobile location data, a key data source providing information on place use and utilisation.

In a recent project for a major transportation planning authority in Australia, Mantra Studios was engaged to provide insights into network utilisation during the pandemic. By joining the APDA, Mantra Studios leveraged historic city-scale mobile location data to produce core inputs into the cities multipurpose traffic simulation framework. This framework provides critical intelligence for the allocation of capital to improve and construct metropolitan transport infrastructure.

John Draper, Director of Data Analytics at Mantra Studios, explains, “By starting with metro-scale mobile location data from Quadrant, Mantra Studios was able to develop a city-wide demand model for vehicle movements – to and from major destination centres. This created valuable insights into when and how transport infrastructure was used over time as well as the relative demand profiles of each activity centre.”

Location Intelligence can save Billions of Dollars in Public Infrastructure Investments
Location Intelligence can save Billions of Dollars in Public Infrastructure Investments

The next step was to calibrate the data using a combination of smart city data sources including SCATS (real-time traffic monitoring data on traffic signals to dynamically optimise congestion and improve traffic flow), city Wi-Fi, and public transport tag on/off terminal data. Using neural network regression analysis including Stochastic Gradient Descent and backpropagation algorithms, Mantra Studios was able to produce calibrated data sets and generate validated historic origin-destination matrices.

Applying machine learning regression analyses from diverse smart city data sources to mobile location data can deliver insights with levels of accuracy previously only achievable through the deployment of high cost sensors and manual survey methods. Julien Escande, General Manager of APAC at Quadrant, says, “By revealing patterns and trends of place use and movement, especially at macro or city scale, governments and business can potentially save billions of dollars in public infrastructure investments through optimal design and planning.”

The Quadrant APDA program is still open, and data will remain available to all organizations that require mobile location data until July 31, 2020. As part of the program all partners in this alliance will have access to APAC mobile location datasets that covers over 100 million devices and 50 billion events per month at no cost. Visit our APDA website to learn more and join.

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PR Newswire

Clarivate Releases Web of Science Journal Citation Reports to Identify the World’s Leading Journals

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2020 edition enables research community to make decisions with confidence using new data on open access models and updated journal self-citation parameters

LONDON and PHILADELPHIA, June 30, 2020 — Clarivate Plc (NYSE:CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, today released the 2020 update to its annual Web of Science Journal Citation Reports™ (JCR).  The annual JCR release enables the research community to evaluate the world’s high-quality academic journals using a range of indicators, descriptive data and visualizations. The reports are used by academic publishers across the globe to evaluate the impact of their journals relative to their field and promote them to the research community.

The JCR is based on 2019 data compiled from the Web of Science Core Collection™, the flagship collection in the world’s largest publisher-neutral global citation database.

The structured data are curated by the global team of experts at Clarivate, who continuously evaluate and select the collections of journals, books and conference proceedings covered to ensure accuracy in journal impact evaluations. These insights enable researchers, publishers, editors, librarians and funders to explore the key drivers of a journal’s value for diverse audiences, making better use of the wide body of data and metrics available in the JCR, including the Web of Science Journal Impact Factor™ (JIF). 

Key highlights for 2020:

  • The journals selected for inclusion: This year’s edition includes more than 12,000 journals from 83 countries across five continents and 236 research categories in the sciences and social sciences. More than 1,600 journals are fully open access. 351 journals have been added to the JCR this year – 178 of which are fully open access.
  • New descriptive data on open access models: New data show each journal’s articles by access model. This provides the research community with transparent, publisher-neutral information about the relative contribution of articles published free to read and re-use under Creative Commons licenses (‘gold open access’) to a journal’s overall volume of content and citations. For the 7,487 hybrid journals in the JCR, readers are now quickly and easily able to identify:
    • the number of papers published via the traditional subscription model, and
    • those published via Creative Commons licenses.
  • Objectivity in journal selection: Clarivate has suppressed 33 journals from the JCR this year to support the integrity of the reports, representing 0.27% of the journals listed. The JCR monitors and excludes journals that demonstrate anomalous citation behavior including where there is evidence of excessive journal self-citation and citation stacking. In 2020, the methodology and parameters for the effect of journal self-citation on JCR metrics has been updated to better account for discipline norms.
    • In addition, an Editorial Expression of Concern has been issued for 15 journals with one or more published items with an atypically high-value contribution to the JIF numerator and a pattern of journal citations disproportionately concentrated into the JIF numerator. Clarivate will continue to review content of this type with the goal of developing additional screening for distortions of the Journal Impact Factor.

Keith Collier, Senior Vice President of Product, Science Group at Clarivate said: “For over 40 years publishers, institutions, funders and researchers have relied on unbiased data in the Web of Science Journal Citation Reports to identify and evaluate the world’s leading sciences and social sciences journals. The carefully selected and structured data within the JCR allows the research community to better understand citation impact trends and make confident decisions about their publication strategies.

“In 2020, we have added new descriptive data and updated self-citation parameters to further support the research community with trusted insights that can inform decisions and accelerate the pace of innovation.”

Each journal profile in JCR provides a rich array of indicators. This includes the Web of Science Journal Impact Factor, which identifies the frequency with which an average article from a journal is cited in a particular year; the Immediacy Index, which measures how frequently the average article from a journal is cited within the same year as publication; the journal’s rank in category, determined by Journal Impact Factor, expressed as a percentile; and cited half-life, which is the median age, in years, of items in any journal in the category that were cited during the JCR year, to name just a few.

For more information, please see our blog. 
Visit the Journal Citation Reports website to explore all available data, metrics, and analysis. Our suppression policy can also be found on our website.

Follow us on Twitter via @WebofScience, #JCR2020. 

About Clarivate

Clarivate™ is a global leader in providing trusted information and insights to accelerate the pace of innovation. We offer subscription and technology-based solutions coupled with deep domain expertise that cover the entire lifecycle of innovation – from foundational research and ideas to protection and commercialization. Today, we’re setting a trail-blazing course to help customers turn bold ideas into life-changing inventions. Our portfolio consists of some of the world’s most trusted information brands, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. For more information please visit Clarivate.com.

PR Newswire

Uploadcare Media Pipeline for Online Business Wins at Nanjing Tech Week Competition

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WILMINGTON, Del., June 26, 2020 — Uploadcare became one of the three best cloud solutions at Nanjing Tech Week 2020 Competition. This is one of the biggest tech festival and contest in the world, uniting innovative companies from all countries and industries. The winners can develop business at the Chinese Market.

Uploadcare is a global end-to-end cloud platform designed to help businesses turn visual-first customer experience into revenue. This PaaS is featured with one of the world’s fastest file uploader, an automated storage, an AI-driven image transformations engine, and flexible content delivery solutions. This customer experience suit facilitates the complete media pipeline: from uploading files to delivering them adapted to the end-user context.

On 25th of June, 2020 Uploadcare took second place at Nanjing Tech Week Cloud Competition. In 2019 Uploadcare raised a $1.7 million seed round led by Runa Capital and Vendep Capital, with existing investors Vaizra Capital and LVL1 Group participating, as well.

"The deep understanding of developers, startups, and enterprises needs allows Uploadcare to offer its clients an all-in-one platform for online content optimization, delivering the proven business results," notes Jupe Arala, General Partner at Vendep Capital.

"With differentiated technology and a strong leadership team, we believe that Uploadcare is well-positioned to accelerate its growth and further solidify its leadership in the content delivery market," says Dmitry Chikhachev, General Partner at Runa Capital.

Uploadcare aims to grow together with actively enhancing digital industries, including e-commerce and e-learning. As the number of users increases, the pressure on these online platforms grows. The shortest delay in content delivery may turn into an increased bounce rate and significant revenue losses. So business owners have to successfully manage this traffic tidal wave while keeping customer experience satisfying.

New Uploadcare media pipeline help online platforms ensure fast and reliable digital learning experience while saving up to 92% on traffic and related costs. Modern file upload widget and Image CDN capable of image management and transformation help to easily handle content and automatically adapt it to user devices. On top of that, they can quickly scale their infrastructure according to the traffic load.

Uploadcare cloud platform driven by intelligence and featured with image uploader, CDN and optimizer can reduce the total image size by 80% due to smart image transformations. Such e-commerce CDN management reduced image hosting costs by 86% without any technical complications. Moreover, Uploadcare’s technology and backend support cut the development process by 3 months and made it $200,000 cheaper.

Uploadcare technology reduces not only image sizes, hosting costs, and development time, providing efficient file upload API and CDN image hosting. The company’s world’s fastest image resizing algorithm can save, roughly, 21.1 MWh energy annually, if it will replace every image resizing code on the planet.

"Our platform, featured with the fastest cloud uploader and the best image CDN, helps reduce tech costs and time spent on image optimization and manipulation. But at the end of the day, it helps turn the crisis into development," says Igor Debatur, CEO at Uploadcare.

About Uploadcare

Uploadcare is a global end-to-end cloud platform that covers the complete media pipeline, using one of the world’s fastest File Uploader, an automated Smart and Secure Storage, a supreme AI-driven Image Transformations Engine, Visual Intelligence Algorithms, and unique content delivery solutions.

Founded in 2011, Uploadcare became a technological partner in e-commerce, e-learning, SaaS, and healthcare industries for thousands of clients like Mozilla, L’Oreal, Sundance Institute, Paperless, Totango. In 2019 Uploadcare raised a $1.7 million seed round led by Runa Capital and Vendep Capital, with existing investors Vaizra Capital and LVL1 Group.

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PR Newswire

The Fourth World Intelligence Congress Kicked Off Online in Tianjin

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TIANJIN, China, June 26, 2020 — On the afternoon of June 23, the Fourth World Intelligence Congress kicked off in Media Theater, Tianjin. Wan Gang, Vice Chairman of CPPCC and Chairman of China Association for Science and Technology (CAST), attended the online opening ceremony. CPC Tianjin Committee Secretary Li Hongzhong addressed the congress. Li Xiaohong, President of the Chinese Academy of Engineering (CAE), congratulated the congress through video. Huai Jinpeng, Executive Vice Chairman of CAST, Zhang Guoqing, Mayor of Tianjin attended the meeting. Park Won Soon, Mayor of Seoul, Republic of Korea, delivered a speech via video. The congress was presided over by Gong Ke, Chairman of the World Federation of Engineering Organizations. 58.6 million people watched the cloud opening ceremony and theme summit at the same time on 40 live streaming websites and platforms, and the total number of views reached 392 million.

Venue of the Fourth World Intelligence Congress
Venue of the Fourth World Intelligence Congress

Wan Gang pointed out that the congress is a high-end platform for artificial intelligence communication jointly created by Tianjin and CAST. We will open up big data, apply blockchain and innovate in cloud services during the pandemic prevention and control; promote the development of new industries, further drive the intelligent process and digitization of the entire industry chain, and continuously boost the close combination of artificial intelligence with real economy; create a new platform for employment, build an open source sharing platform, and forge the "Sci-Tech Innovation China" brand; continuously deepen basic research, build a world-class artificial intelligence development platform and industrial ecosystem; and promote international cooperation in the field of artificial intelligence.

Li Hongzhong said that Tianjin comprehensively promotes the strategic layout of the new generation artificial intelligence industry, and intelligent technology is becoming the core driving force for high-quality development in the city. Tianjin will take the initiative to embrace the new era of intelligence, push forward the construction of a pioneer city in the fourth industrial revolution, build itself into an innovative city in intelligent technology, an energization city of the intelligent industry, and an ecological city of intelligent development, continuously optimize its business environment, and strengthen cooperation in intelligence fields with various parties from home and abroad.

According to Li Xiaohong, Tianjin has embarked on a new way of innovation-driven development with the intelligence technology industry as the lead, and Tianjin Intelligent Port shows a promising future.

Park Won Soon said that this year is a crucial year for the construction of 5G networks in Tianjin. He hoped Seoul and Tianjin will strengthen communications and share experience on the construction of intelligence industrial infrastructures.

At the theme summit, representatives from the global intelligence technology industry and academia delivered speeches on site or via video accesses. Among them include Gao Wenjiu, academician of CAE, Ma Huateng, Chairman of the Board of Tencent, Max Tegmark, tenured professor at the MIT Department of Physics, Yang Yuanqing, Chairman of Lenovo Group, Yang Xu, Global Vice President of Intel Corporation, Edmund Phelps, laureate of Nobel Economics Award, Wang Jian, Chairman of the Technical Committee of Alibaba Group, and Raj Reddy, foreign academician at CAE and winner of Turing Award.

Themed on Intelligence New Era: Innovation, Energization and Ecology, the Fourth World Intelligence Congress applied the modes of "meetings, exhibitions, contests and intelligence experience" to hold six cloud events namely, cloud promotion, cloud release, cloud bilateral talk, cloud intelligence experience, cloud intelligence technology exhibition, world intelligent driving challenge contest, "Fifth Space" intelligent safety competition, Tianjin "Haihe Talents" Entrepreneurial Competition, as well as 13 cloud parallel forums, cloud and on-site contract signing activities.

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Contact：Cui Kejia
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Email：wic@wicongress.org

Night view of Tianjin, host city of the 4th WIC
Night view of Tianjin, host city of the 4th WIC

 

PR Newswire

iQIYI Announces Winners of its iCartoonFace Challenge, the First Large-scale Cartoon Character Recognition Competition in China

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World-leading iCartoonFace datasets drive intelligent recognition technology

BEIJING, June 25, 2020 — iQIYI Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced the winners of its iCartoonFace Challenge (the "Challenge"), the first large-scale cartoon character recognition competition in China. The team from Southeast University won the Challenge with a MAP (Mean Average Precision) of 0.9291 in the cartoon character detection track and the teams from Zhejiang University and Sun Yat-sen University jointly claimed the title of Best Algorithm in the cartoon character recognition track with a Rank1 accuracy of 92.4697%.

The Challenge, held in partnership with the 29th International Joint Conference on Artificial Intelligence (IJCAI) and the 17th Pacific Rim International Conference on Artificial Intelligence (PRICAI), was held over a period of two months, attracting a total of 481 participating teams from top universities and leading technology firms in China. Contestants included Peking University, Fudan University, Zhejiang University, Shanghai Jiaotong University, University of Chinese Academy of Sciences, as well as renowned companies such as Alibaba, Tencent, Baidu, JD.com and SenseTime.

While human facial recognition technology is becoming increasingly sophisticated and mature, cartoon character recognition is still in its infancy. Cartoon characters are far more complicated and diverse than human faces in terms of both color and texture. Other challenges include the fact that cartoon characters from the same content or universe could be highly similar in appearance, but characters from different universes may vastly contrast. Due to the complexity of this dataset, cartoon character recognition poses far more challenges than human facial recognition.

Currently, most of the existing cartoon datasets for recognition suffer from issues such as lack of data volume or noisy data. During the Challenge, iQIYI offered contestants access to the largest known manually tagged datasets in the world for cartoon detection and recognition that contains over 5,000 cartoon characters and more than 400,000 high-quality and authentic images.

iQIYI is committed to researching cutting-edge technologies and exploring their applications in entertainment. iQIYI has in the past two years successfully held two video-based multimodal biometric recognition challenges which helped significantly improve the accuracy of multimodal recognition technology. Currently, cartoon character recognition has been applied to multiple innovative businesses and features of iQIYI’s. For example, AIWorks can automatically collect cartoon character content to generate a mixed-cut video based on a specific theme; and a feature known as Qiguan (AI Radar) allows users to identify the cartoon characters in an animated show or movie.

Through the iCartoonFace Challenge held in partnership with IJCAI and PRICAI, iQIYI has achieved further breakthroughs in the field of cartoon detection and recognition, promoted the development of cartoon character recognition technology, enabled a deep integration of technology and content that could lead to more usage scenarios, thereby advancing the ongoing evolution of intelligent detection and recognition technology.

About iQIYI, Inc.
iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce.

 

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PR Newswire

Global Security Industry Shifts to Service-based Solution Offerings Post-Pandemic

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Security markets across countries will recover at a different pace but the outlook is promising, finds Frost & Sullivan 

SANTA CLARA, California, June 25, 2020 — Frost & Sullivan’s recent analysis, Post-Pandemic Growth Opportunity in the Global Security Industry, finds that the security industry has tremendous investment opportunities despite the economic slowdown witnessed due to COVID-19. Under an aspirational recovery scenario, the global security industry is likely to grow at a compound annual growth rate (CAGR) of 4.3%, garnering revenue of $140.60 billion by 2025 from $109.30 billion in 2019. The conservative forecast scenario predicts that the industry will generate $131.01 billion between 2019 and 2025, at a CAGR of 3.1%. In the pre-COVID-19 forecast, the industry was estimated to increase at a CAGR of 7.1%, generating revenue of $164.97 billion over the forecast period.


For further information on this analysis, please visit: http://frost.ly/46o

"COVID-19 will cause a brief slowdown in the security market after almost a decade of uninhibited progress," said Danielle VanZandt, Aerospace, Defense & Security Industry Analyst at Frost & Sullivan. "Additionally, while some security sectors may find themselves experiencing a slower recovery than others, much of the industry will witness a shift to more service-based solution offerings after years of hesitance by customers to adopt these solutions."

VanZandt added: "The key security markets such as disaster management, banking and finance, and airport security will recover at a different pace, and the time taken to return to pre-crisis spending levels will also vary significantly. Markets that will record higher-than-average CAGRs during the recovery period include ports (4.5%), disaster management (4.0%), first responders (4.0%), and mass transit (4.0%)."

Despite a marginal slowdown expected in 2020 and 2021, strong demand-side trends will present immense development potential for security market participants. The following trends are forecast to generate growth opportunities in this sector:

  • Digitalization priorities: Remote/cloud-connected access to security systems and monitoring tools will witness a drastic rise in demand as manned guarding will become extremely limited due to stay-at-home orders issued by state or federal governments, and likely not recover once those orders expire.
  • Emphasis on contactless technologies: In the post-pandemic period, contactless technologies such as biometrics, remote access and authentication, and multi-use analytics solutions will attract investments.
  • Plug-and-play surveillance: Customer willingness to deploy plug-and-play surveillance equipment over permanent system additions due to cost-effectiveness will offer vendors repeat business opportunities.  
  • Sensors-to-action: Vendors must prioritize the development/enhancement of data analytics and sensor networks’ capabilities to provide increased value to customers without having to purchase new solutions or equipment.

Post-Pandemic Growth Opportunity in the Global Security Industry is the latest addition to Frost & Sullivan’s Aerospace, Defense & Security research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

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.

Post-Pandemic Growth Opportunity in the Global Security Industry
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PR Newswire

CloudSense Appoints Jonathan English as Chief Executive Officer

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LONDON, June 25, 2020 — CloudSense, a leading Commerce and Subscriber Management platform, today announced the appointment of Jonathan English, a distinguished executive with proven experience accelerating go-to-market efforts at high growth software businesses, as the company’s new Chief Executive Officer.

CloudSense welcomes newly appointed CEO, Jonathan English
CloudSense welcomes newly appointed CEO, Jonathan English

Rob Amen, a Managing Director at Vector Capital and a member of CloudSense’s board of directors said, “Jonathan is a seasoned technology executive with a track record of expanding market share in high growth software businesses. Given CloudSense’s award-winning product innovation in the commerce and subscriber management SaaS category, we believe Jonathan is the perfect leader to accelerate our growth and deliver this world-class technology to our existing and future customers. We are excited to welcome Jonathan to CloudSense and look forward to working with him.”

Mr. English has extensive experience leading innovative, high growth enterprise software companies and has an exceptional track record of driving revenue through global sales execution. Most recently, he served as Chief Revenue Officer at ION Commodities, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management. Prior to that, he spent eighteen years at Allegro Development, where he served as Senior Vice President of Global Sales and led sales teams across the company’s various markets and regions.

“I am excited to join CloudSense and humbled to be part of an organization that is transforming the sales and delivery software industry,” said Mr. English. “CloudSense is uniquely positioned to take advantage of vast opportunities in the rapidly growing Digital Commerce, CPQ, and Order Management markets, and I look forward to working with this talented team to serve customers and build upon CloudSense’s momentum of innovation and leadership.”

Mr. English succeeds Richard Britton, CloudSense’s co-founder and CEO since 2009. During his eleven years of leadership, Mr. Britton and his founding team built CloudSense into a market-leading global software company with over 300 employees and an award-winning product. Mr. Britton will assist with the leadership transition.

Mr. Britton commented, “It has been a privilege and honor to work with CloudSense’s incredibly talented and dedicated employees and loyal customers. The Board and I are confident Jonathan is the right person to build on this progress, with the expertise and leadership qualities to continue advancing the company. I am excited about the future of CloudSense.”

Matt Blodgett, a Managing Director at Vector Capital and a member of CloudSense’s board of directors said, “We thank Richard for his strong leadership as a co-founder and CEO of CloudSense over the past eleven years. The company would not have achieved its award-winning position without his passion and commitment, and we look forward to working together to continue generating value for customers, employees and shareholders.”

About CloudSense:

CloudSense is the proven Commerce and Subscriber Management platform, built for high-volume or complex ongoing services. We’re trusted by Communications, Media and Utilities businesses worldwide to launch, sell and fulfill faster and give customers and partners convenient buying journeys.

To learn more, please visit http://www.cloudsense.com.

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PR Newswire

Global Airlines Leverage AI, Machine Learning and Blockchain to Save Costs and Generate New Revenues, Says Frost & Sullivan

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Airlines and IT suppliers are investing in distribution, loyalty programs, and supply chain management

SANTA CLARA, California, June 22, 2020 — Frost & Sullivan’s recent study, Analysis of the Global Airline IT Market, Forecast to 2025, finds that the increasing expectations of passengers are compelling airlines to embrace digital enablers and propelling a digital transformation journey that will fundamentally change traditional airline information technology (IT) strategies. Impacted by the COVID-19 pandemic, the airline IT market is estimated to generate a revenue of $20.74 billion by 2025, compared to $21.20 billion in 2019. As per the original forecast, by 2025, the market was estimated to reach $25.1 billion from $21.20 billion in 2019.

Global Airline Technology
Global Airline Technology

For further information on this analysis, please visit: http://frost.ly/46n

“Despite the adverse impact of COVID-19 on the industry, airlines are increasingly focusing on adopting next-generation digital solutions such as mobility, machine learning (ML), Big Data analytics, and artificial intelligence (AI) to identify cost-saving and revenue-generating opportunities,” said Abhilash Varkey Abraham, Aerospace & Defense Research Analyst at Frost & Sullivan. “Additionally, a few major airlines have already committed to migrating their entire IT infrastructure to the cloud over the next 3-5 years and this trend is likely to continue and grow, mainly among low-cost carriers.”

Abraham added: “From a regional airline IT market perspective, North American airlines were the highest revenue contributor in 2019 and are expected to remain so during the forecast period. Further, APAC is expected to be the key growth engine over the medium and long terms.”

With global airlines losing $25 billion due to disruptions in operations and with 50% of them addressable via digital solutions, a huge opportunity exists for IT suppliers to innovate and expand their portfolio. Market opportunities include:

  • Real-time data analytics with an interactive display/graphical user interfaces (GUI) will have higher penetration in the medium term, which will serve as a growth opportunity for suppliers.
  • With airlines embracing the capabilities of next-gen technologies such as AI and ML, solution providers are encouraged to integrate these technologies into their solutions.
  • Vendors are encouraged to develop solutions to solve airlines’ disruption pain points, especially in the areas of passenger re-accommodation and compensation.
  • Adopting Big Data platforms can streamline the operations of airlines, reducing cost and time.

Analysis of the Global Airline IT Market, Forecast to 2025 is the latest addition to Frost & Sullivan’s Aerospace & Defense research and analyses, available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

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.

Analysis of the Global Airline IT Market, Forecast to 2025

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Francesca Valente
Corporate Communications
E: Francesca.Valente@frost.com

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PR Newswire

Kantar Brand Growth Lab is developing Quantum Machine Learning solutions in Singapore

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  • As part of AI/ML advancement in Singapore, Kantar was granted a patent in the Quantum Machine Learning field in Singapore.
  • Kantar Brand Growth Lab continues experimenting in the Quantum Machine Learning field.

SINGAPORE, June 22, 2020 — Kantar, the world’s leading data, insights and consulting company, announced today the first patent on Quantum Machine Learning as part of AI/ML advancement in Singapore. With the continuous support and partnership of Singapore’s Economic Development Board (EDB), Kantar established its Brand Growth Lab in Singapore in 2018 to develop AI/ML solutions. The Lab, an advanced analytics hub, is dedicated to discovering new ways to leverage big data to drive strategic decision-making for business.

Kantar awarded patent in the Quantum AI field

On January 2nd of this year, Kantar was granted its first patent by the Intellectual Property Office of Singapore for a method of optimising AI/ML predictions from a classical data feed with a hybrid simulator generated from classical and quantum model structures. Some of the other organizations with a patented invention in the Quantum technology field in Singapore are Oxford University Innovation, D-Wave, IBM and Google.

“Quantum technology will revolutionize Artificial Intelligence and Machine Learning. This patent indicates our commitment to lead in this field. We are proud to have been awarded this patent as it demonstrates our advancement in the field of data science,” commented Hernan Sanchez, Managing Director, Kantar Brand Growth Lab.

Kantar Brand Growth Lab experiments in the Quantum Machine Learning field

In collaboration with Professor Angelakis, Principal Investigator and the leader of the Quantum Simulation and Computation Group at the National University of Singapore’s Centre of Quantum Technologies, two quantum experiments using real consumer behavioral data from Kantar’s panels were conducted during the last 6 months.

Experiment 1: Customer segmentation using quantum machine learning

In the first experiment, the goal was to develop quantum-inspired machine learning segmentation algorithm that exploits the concept of quantum interference and work in the classical hardware to improve the results of the current machine learning approach. Comparing the traditional technique with a quantum and a quantum genetic algorithm developed for this experiment, we observed that the Quantum versions showed better results.

Experiment 2: Customer Segmentation based on Media consumption patterns using an IBM quantum computer

The objective of this experiment was to establish the feasibility of using a quantum computer to address a real-life segmentation problem. The quantum algorithm was run using 2 qubits on the IBM’s 5-qubit quantum computer. 4 relevant consumer segments were identified. Next steps in our research will be about proving the superiority of the quantum approach and explore the potential of more advanced quantum hardware.

“In the field of Data Science, it is always crucial to be aware of the new techniques and methodologies in order to stay relevant and have that competitive edge. By venturing into Quantum field early and experimenting with different Quantum machine learning techniques, we hope to have an early mover advantage that could bring great business value in the long run,” commented Shilpa Jain, Principal Data Scientist, Kantar Brand Growth Lab.

“With the support of EDB, the Lab keeps on researching and developing advanced analytics solutions to help institutions and corporations maximize the productivity of their efforts. The post COVID-19 economy requires a new level of innovation and in today’s data-driven economy, AI will play a key role,” added Yee Mei Chan, co-managing director of the Kantar Brand Growth Lab.

About Kantar

Kantar is the world’s leading evidence-based insights and consulting company. We have a complete, unique and rounded understanding of how people think, feel and act; globally and locally in over 90 markets. By combining the deep expertise of our people, our data resources and benchmarks, our innovative analytics and technology, we help our clients understand people and inspire growth.

Further information about Kantar can be found at www.kantar.com

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