AI TECH, GENERAL AI

Deloitte Launches AI-fueled Expansion of SuperLedger™ Solution at Oracle CloudWorld 2022

Deloitte | October 17, 2022 | Read time : 03:00 min

Deloitte
Deloitte today announced the launch of autonomous SuperLedger™, an AI-fueled expansion of its existing integrated cloud platform for transaction processing, financial planning and analysis (FP&A), and sub-ledger reporting. SuperLedger offers benefits similar to full ERP consolidation that establishes on secure source of the truth, but with greater speed and lower cost.

Deloitte's autonomous SuperLedger is particularly well-suited for large, complex, organizations that have executed or are undergoing an M&A growth strategy that are looking to enable insightful analysis across multiple ERPs through one comprehensive, secure and cloud SaaS-based digital tool. The solution can be tailored for specific industries, including insurance, health care, technology, media, industrial as well as companies in any sector with high-volume, low-value, non-ERP transactions.

SuperLedger integrates the latest in AI technology and machine learning models to move finance organizations closer to real-time, touchless operations. It includes several enhancements that use Oracle Autonomous Database and Deloitte's proprietary AI capabilities to deliver benefits above and beyond those found in the earlier version of Deloitte's SuperLedger, which provides an integrated cloud platform for transaction processing, FP&A, and sub-ledger reporting without the need for full ERP consolidation. These enhancements include:  
  • Kinetic Start-up — a tool that instantly scans the on-premise environment, extracts relevant data from the legacy systems, and makes it available in the cloud. This allows finance leaders to quickly see the nature of their current data and the degree of transformation that may be required.
  • Touchless processing — pre-built automations for expediting and streamlining common financial processes such as consolidation and close, procure to pay, and FP&A.
  • Self-healing and auto-correction — machine learning models that automatically correct errors in source data based on historic patterns. The models also create an exception-handling framework for instances requiring human intervention.
  • Intuitive recommendations — options for manually correcting errors based on machine analysis.
  • Sensing, detection and prediction — machine learning models that enable continuous risk-sensing and anomaly detection for high-volume, low-value financial transactions as well as predictive forecasting about the future of the business based on select variables.

"Since its introduction in 2019, Deloitte's SuperLedger has been a compelling solution for many organizations, helping them to consolidate their data and systems, streamline their finance processes to drive better reporting and analytics, and deliver better experiences for their employees. "The expanded autonomous capabilities in this new release take finance transformation up a notch. The solution can help companies to rapidly adopt a modern cloud platform and digitally evolve toward continuous, real-time operations — and in so doing, to better position themselves for growth."

Varun Dhir, principal, Deloitte Consulting LLP

Experience autonomous SuperLedger firsthand
Connect with Deloitte professionals at the Oracle CloudWorld Hub and experience the power of Deloitte's autonomous SuperLedger in person. Our professionals will feature daily theater session presentations on the solution along with personalized demos. Deloitte is pleased to be the Global Sponsor of Oracle CloudWorld in Las Vegas, Oct. 17-20, 2022. This new global conference will bring people together to share ideas, develop in-demand skills and learn about cloud infrastructure and applications.  

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories.

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AI TECH

Variscite Simplifies AI/ML and Multimedia at the Edge with Python API for System on Modules

Variscite | December 07, 2022

Variscite, a leading worldwide designer and manufacturer of System on Modules (SoMs), today announced the official launch of the Variscite Python API developer center. The Variscite Python API, also known as pyvar, simplifies the development of machine learning and multimedia applications for devices built on Variscite’s i.MX8-based SoMs. With the API, building and programming embedded systems and smart/edge devices for AI/ML is faster and easier, even for beginners. Variscite Python API eases the development process of embedded systems using cameras, sensors, displays, and user interfaces. It also provides an easy way to run and communicate with Cortex-M applications from the Cortex-A side, for fast processing at low power. The API’s developer center provides ‘how to’ guides, documentation and quick source code examples. “Capture, recognition, and processing of image, audio, and video data are increasingly used in embedded edge devices for any kind of environment, from transportation to healthcare, robotics, and agriculture, Our customers require additional AI/ML capabilities at the edge to run complex and advanced applications, and the Variscite python API enables faster and easier deployment with our i.MX8 SoMs.” -Ofer Austerlitz, VP Business Development and Sales of Variscite. Variscite offers a wide range of performance, power consumption, cost, and feature sets in its i.MX 8-based System on Modules. The company’s portfolio includes two highly scalable modules with dedicated AI/ML capabilities and an integrated Neural Processing Unit (NPU). The DART-MX8M-PLUS and VAR-SOM-MX8M-PLUS run on a 1.8GHz Quad Cortex™-A53 NXP iMX8M Plus processor with 800MHz Cortex-M7 real-time co-processor. Both SoMs are members of Variscite’s Pin2Pin families that offer seamless scalability, extended lifetime, as well as reduced development time, cost, and risk. ABOUT VARISCITE: Variscite is a worldwide leading System on Module designer and manufacturer, setting the bar for embedded solutions since 2003 with high-quality modules. The company provides the broadest ARM-based SoM portfolio in the embedded market with a wide range of configuration options that cover an entire embedded product and application range; from entry-level to high-performance solutions. Variscite's in-house production fully complies with the strict medical ISO13485 and ISO9001 standards. Along with the company's ongoing online documentation and personal support as well as the generous longevity, the company's customers are enjoying consistent, reliable products and services starting from the earliest development stages throughout the end-product lifecycle.

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AI TECH,GENERAL AI

Microsoft and Planet Expand Partnership to Provide AI and Satellite Data for African Climate Adaptation Projects

Planet | November 16, 2022

Planet Labs PBC, a leading provider of daily data and insights about Earth, and Microsoft Corp. announced an expanded partnership to apply artificial intelligence (AI) technology and satellite data to support African climate adaptation projects. This technology collaboration is in support of Microsoft’s recently-announced first global expansion of its AI for Good Labs into Nairobi, Kenya and Cairo, Egypt and the establishment of a corresponding AI Innovation Council with local partners and nonprofits. Through this program, Africa-based data scientists will have access to Planet satellite imagery from across the African continent to inform projects, as nominated by the AI Innovation Council, that have a specific focus on early warning systems and climate adaptation – the process of adjusting to current or expected effects of climate change. This initiative marks Planet’s third collaboration with Microsoft’s AI for Good Lab this year. Previous projects include the Global Renewables Watch (GRW) and the kickstart to the partnership – a robust building damage assessment at the outset of the Russo-Ukrainian War. “Two things that our Planet and Microsoft teams share in common is a very strong bias to action and to do the most good at the best scale. “Once we were able to see how impactful combining AI and satellite data could be, not just technically, but how impactful it can be when in the right hands, we immediately began to think about the complex problems we could go after - humanitarian aid, climate change, food and energy insecurity, etc.” Andrew Zolli, Chief Impact Officer of Planet Global Renewables Watch The pair of companies, in conjunction with The Nature Conservancy, today announced on Energy Day at the 2022 United Nations Climate Change Conference (COP27), that interested users can now sign up for private previews of the Global Renewables Watch (GRW), a first-of-its-kind living atlas intended to map and measure all utility-scale solar and wind installations on Earth using artificial intelligence (AI) and satellite imagery, allowing users to evaluate clean energy transition progress and track trends over time. The GRW team also unveiled the complete mapping of solar and wind installations of Kenya, Brazil and Egypt, joining the renewable energy sites mapped in Germany and India that were announced during GRW’s launch in September 2022. Private preview signup is available at: https://www.globalrenewableswatch.org/ Ukraine Building Damage Assessment The first collaboration that brought Microsoft and Planet together earlier this year was for the Office of the Secretary General of the United Nations, working alongside the UN Operations and Crisis Center (UNOCC) to monitor schools, hospitals and water, sanitation, hygiene and healthcare waste management infrastructure (WASH) across Ukraine to understand who and what had been affected. The UNOCC supports UN senior leadership in decision-making, situational awareness, risk and crisis management. In response to the invasion of Ukraine and in preparation for future similar situations, the goal was to develop a robust change detection system, harnessing AI and satellite-based technologies, that would bypass inherent traditional damage assessment challenges and support the scale and speed needed for ground teams to respond effectively. The team surveyed eight Ukrainian oblasts, coupling the UNOCC’s ground reports with Microsoft’s AI and machine learning models on top of Planet’s satellite data, in order to identify and determine if infrastructure was affected or destroyed, and approximate the date on which the damage occurred. From these mapping assessments, the team was then able to determine how many people were affected, by comparing confirmation of the damaged schools or hospitals with the size of the student body or the number of registered patients. “Prior, for these locations where they were unable to be onsite, the UNOCC did not have documented or reliable evidence of building damage. Through this project, the UN team now has a full account not only of affected infrastructure, but also the displaced and vulnerable populations those buildings served,” said Juan Lavista Ferres, Microsoft VP and Chief Data Scientist. “This is proof of the visible and actionable change that AI and satellite data can deliver to solve complex problems, whether that’s in humanitarian action, sustainability or health.” About Planet Planet Labs PBC is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites, capturing over 30 TB of data per day. Planet provides mission-critical data, advanced insights, and software solutions to over 800 customers, comprising the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation trading on the New York Stock Exchange as PL.

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AI TECH,SOFTWARE,FUTURE TECH

AI Dynamics Joins Newchip’s Global Series A Accelerator Program

AI Dynamics | December 13, 2022

AI Dynamics, a business founded on the belief that everyone should have access to and benefit from the power of artificial intelligence (AI) to change the world, was accepted out of 1,000+ applicants into Newchip’s renowned global accelerator program’s latest cohort. The online accelerator provides the mentorship, connections and tools that growth-stage teams need to drive greater scale, expand business operations, and position their company for potential exit or acquisition. Since its inception in 2019, the equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9B. “When evaluating companies for our Series A Accelerator, we search for proven business models that are prepared to scale their strong revenues and traction quickly in order to gain further market share and increase their likelihood of industry disruption. “We see real potential in AI Dynamics and are excited to integrate them into our global network of VCs, angel investors, and family offices seeking to invest in this particular space.” Armando Vera Carvajal, Vice President at Newchip AI Dynamics’ mission is ​​to create an operating system for AI that empowers anyone, at any skill level, to create AI solutions. The company’s core product, the NeoPulse AI Platform, does just that by enabling organizations to manage their entire AI workflow and infrastructure from one place. Since launching in 2015, AI Dynamics has closed more than $8.9 million in funding, received accolades from industry-leading analyst firms and media like Gartner, Clutch and CIO Review, and partnered with enterprises like Soracom, MBC BioLabs and Pettigrew Medical. “Being part of the Newchip Accelerator, we are looking forward to making AI accessible and beneficial to enterprises in all industries,” said Rajeev Dutt, CEO at AI Dynamics. “Our current focus is heavily on healthcare, biotechnology and medical coding, as well as the industrial and manufacturing industries, and we look forward to expanding as our business grows.” About AI Dynamics AI Dynamics aims to make artificial intelligence (AI) accessible to organizations of all sizes. The company's NeoPulse® Framework is an intuitive development and management platform for AI, which enables companies to develop and implement deep neural networks and other machine learning models that can improve key performance metrics. The company's team brings decades of experience in the fields of machine learning and artificial intelligence from leading companies and research organizations. About Newchip Newchip is an online, global startup accelerator led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has enabled over 1,500 startups from 50+ countries to raise over $450 million in funding with an estimated $9B portfolio. It has three distinct six-month accelerator programs based on company stage: Pre-Seed, Seed, and Series A. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between.

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GENERAL AI,INNOVATION,SOFTWARE

Platform Science Adds Netradyne's AI-Powered Dash Cam App to Fleet Solutions Catalog

Platform Science | December 14, 2022

Platform Science, a leading connected vehicle platform, and Netradyne, a leader in artificial intelligence ("AI") and edge computing focusing on driver and fleet safety, today announced a new collaboration to offer Netradyne's Driver-i® solution in Platform Science's industry-leading marketplace of solutions. Powered by AI and edge computing, Netradyne's Driver-i is an advanced vision-based fleet safety camera platform built to reinforce good driving behavior. Platform Science's innovative transportation solutions make it easier for fleets to develop, deploy, and manage mobile devices and applications on commercial vehicles. "For Platform Science and its fleet customers, driver safety is paramount, which is why this new collaboration with Netradyne is so critical. "By adding Driver-i to our app marketplace of solutions, we're providing fleets with the ability to integrate a cutting-edge safety camera system and advanced vision features with other solutions in a unified, user-friendly platform while giving drivers a tool to self-coach to drive safer on our highways." Joe Jumayao, VP of Business Development, Platform Science The Driver-i system can assess speed, traffic sign compliance, following distance, aggressive driving, distracted driving, and more. Driver-i alerts drivers of risky driving behavior by issuing a corrective alert in real-time, enabling fleets to better mitigate risks and reduce the likelihood of accidents. Because it analyzes 100% of drive time, Driver-i can recognize and reinforce proactive driving behaviors, keeping drivers engaged and aiding fleets in retaining their best drivers. "We are thrilled to partner with Platform Science," said Adam Kahn, Chief Business Development Officer, Netradyne. "By integrating our platforms, we are saving our fleet customers time and streamlining their workflow." About Platform Science Platform Science is transforming transportation technology by empowering enterprise fleets with a unified, user-friendly technology platform. Platform Science makes it easy to develop, deploy and manage mobile devices and applications on commercial vehicles, giving fleets an edge in efficiency, flexibility, visibility, and productivity. The customizable platform delivers an unlimited canvas to fleets and developers seeking to innovate and create new solutions as customers' needs, businesses and industries evolve. Platform Science was named by Fast Company as one of the World's Most Innovative Companies for 2022. Platform Science was ranked #2 in the FreightTech 25 Awards by industry news leader, FreightWaves, for both 2022 and 2023. About Netradyne, Inc. Netradyne harnesses the power of Computer Vision and Edge Computing to revolutionize the modern-day transportation ecosystem. Netradyne is an industry leader in fleet safety solutions, immediately improving driver behavior and fleet performance, setting the commercial vehicle driving standards. Netradyne collects and analyzes more data points and meaningful information than any other fleet safety organization so customers can improve retention, increase profitability, enhance safety, and enable end-to-end transparency. Organizations trust Netradyne to build a positive, safe, and driver-focused culture, so they can take their business to the next level.

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