AI TECH

IBM Acquires Expertus Technologies Inc. To Develops Hybrid Cloud Digital Payment Solutions

IBM | December 16, 2020

IBM today declared it has obtained Montreal-based fintech organization, Expertus Technologies Inc. The obtaining fortifies IBM's portfolio as a start to finish computerized installments arrangement supplier and further advances IBM's half breed cloud and AI procedure.

"Monetary establishments should adjust more prominent interest for secure advanced arrangements while conforming to quickly developing guideline," said Mark Foster, Senior Vice President, IBM Services. "Expertus' installment as-a-administration arrangement grows our half breed cloud-based installments contributions, changing installments and depository the board with AI to give monetary organizations the adaptability to quickly advance and remain serious as buyer requests advance."

Expertus is a pioneer in cloud answers for the monetary administrations industry. In excess of 1,000 substances including banks, credit associations, administrative offices and corporates far and wide cycle a normal of over $50 billion day by day on its installments stage. Expertus is likewise one of the biggest North American administrations authorities of the Society for Worldwide Interbank Financial Transactions (SWIFT), the huge organization utilized by banks and other monetary establishments to oversee cash moves and depository exchanges.

With this obtaining, IBM gains many years of counseling experience to address the most squeezing installment modernization difficulties of monetary organizations, which are essential for the more than $100 billion counseling and business measure administrations opportunity in banking and monetary markets1 throughout the following not many years. This procurement likewise extends IBM's account industry profundity and capacity to oversee complex reconciliations – of innovations, individuals and cycles – and expands on a month ago's obtaining of SAP counseling accomplice TruQua, which supported IBM Global Business Services' cloud application modernization and money change mastery.

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SOFTWARE

Codefresh Makes GitOps Software Delivery With Argo Accessible to Everyone

Codefresh | July 27, 2022

Beginning today, Codefresh is democratizing GitOps with Argo for all users – individuals and DevOps teams of all sizes – with the immediate availability of its hosted continuous delivery (CD) platform providing Argo CD as a Service. The Codefresh hosted Argo platform is accessible at no cost for community projects, individuals and small DevOps teams seeking unfettered access to GitOps best practices for fast, reliable, and secure software delivery in the cloud. Codefresh’s managed Argo CD platform is a feature-complete GitOps software delivery solution eliminating the need for installation, maintenance, or home-grown custom integrations to work with popular DevOps tools. In addition, the managed instances are ready for deployments in seconds, making it the logical way to get started with continuous delivery with Argo CD. Available today in hosted, on-premise, and hybrid deployment options for enterprise environments, Codefresh leverages open-source Argo in a code-to-cloud solution enabling unrivaled visibility into CI/CD deployments. It provides an easy-to-use framework for implementing GitOps and a scalable solution for large teams targeting multi-cluster, multi-application deployments. The Codefresh platform features intuitive, comprehensive dashboards that provide detailed insights spanning DevOps Research and Assessment (DORA) metrics, change history, and issue tracking across all projects and applications, with deep integrations into Git, CI pipelines, and artifact repositories. The platform is fully compatible with continuous integration (CI) offerings like Jenkins and Github Actions, as well as Codefresh CI. “Codefresh has demonstrated to enterprises of all sizes the value inherent to Argo CD, and this value is built atop a sustained commitment from Codefresh and the community to cultivate Argo and GitOps for the future. “To empower everyone with this capability is the fullest expression of our commitment to open-source innovation.” Raziel Tabib, Co-Founder and CEO, Codefresh About Codefresh Codefresh is the most trusted continuous delivery platform for cloud-native apps. Its mission is to give enterprise teams the control, stability, and confidence they need to release more frequently and enable smoother deployments to the cloud, on-prem, or at the edge. Codefresh is built on an enterprise distribution of Argo, the industry's leading declarative continuous delivery tool. Codefresh is trusted by companies like GoodRx, Skillshare, Monday.com, TBS, and financial services companies and backed by world-class investors such as M12, Microsoft’s venture fund, Red Dot Capital Partners, Shasta Ventures, and more.

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AI TECH,GENERAL AI,AI APPLICATIONS

Henderson Engineers and Torch.AI Test New AI for Building Systems Design

Torch.AI | September 06, 2022

Torch.AI, pioneers of Data Infrastructure AI™, is testing a new artificial intelligence application with Henderson Engineers, a national building systems design firm, to unlock the creative and problem solving potential of the firm's more than 1,000 employees. Henderson, one of the world's most prominent and successful building systems design and engineering firms, works on projects across the business, community, health, retail, and venue sectors, including many high-profile projects, such as SoFi Stadium, host site for the 2022 Super Bowl. The construction & engineering industry is known for sophisticated projects spanning huge supplier networks, strict building design standards, detailed job planning efforts, and tight margins. The industry relies on highly complex information contained in equally complex unstructured data: drawings, images, PDFs, handwriting, raw text. Earlier this year, Henderson began testing new artificial intelligence from Torch.AI that could learn to read complex construction and engineering documents and diagrams. Past construction & engineering data sets were used to quickly train the AI with more than 340 million parameters and growing, which in turn creates new opportunities for automation and data sharing. The Torch.AI system has already read roughly 100,000 engineering drawings with remarkable accuracy. In one example, in less than one second the AI is able to identify, extract, and compare diagrams from 40+ page project files with an average accuracy of 98.9%. Torch.AI's software helps unlock human potential by removing impediments to creativity and problem solving, namely mundane tasks created by the explosion of enterprise data and ever-increasing gaps in technology. The software begins by instantly figuring out what the data is and how it can be useful, then applies advanced machine learning to automate the steps necessary to deliver new insights and support decisions; all without human intervention. "When Kevin Lewis, Henderson's CEO, and I got together to first discuss the partnership, I could tell they were already thinking way ahead of everyone else. "As an engineering firm they are meticulous, thoughtful, strategic. We quickly saw the potential impact these new AI systems could have for their amazingly talented teams and are excited to continue growing our relationship." Brian Weaver, Chairman and CEO of Torch.AI About Torch.AI Torch.AI, the Data Infrastructure AI™ Pioneers, are headquartered in Kansas City with offices in Washington, DC. The company developed the use of AI to process data in-flight, radically evolving analytic and operational capabilities in any IT environment. Torch.AI's products and people are currently actively supporting operations in industries including financial services & insurance, construction and engineering, healthcare, and the US Department of Defense, US Department of Homeland Security, and other agencies. About Henderson Engineers Henderson Engineers provides a wide array of building system design engineering services across a variety of building types, specializing in five market sectors: Business, Community, Health, Retail, and Venue. Their sister company, Henderson Building Solutions, is a turnkey construction management and commissioning services firm that provides a seamless bridge between design, construction, and ongoing maintenance. Together as Henderson Companies, they provide single source solutions for any project.

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AI TECH,GENERAL AI

NICE Extends CXi Leadership With Next-Gen Digital And Conversational AI Capabilities

NICE | August 23, 2022

NICE today announced its designation as a market leader as evaluated by Omdia in its Customer Engagement Platforms, 2022-23 research report. Market leaders were characterized as having the best scores in terms of both functionality and capabilities and represent leading solutions Omdia believes are worthy of a place on most technology selection shortlists as they have established a commanding market position with a product that is widely accepted as best of breed. Highlighting NICE’s industry-leading cloud-native customer experience platform, Omdia noted three unique strengths of NICE CXone: universal AI models for all the major CX use cases and an AI framework that enables continuous learning across the CXone portfolio; its focus on conversational self-service, CX domain expertise (WFO, CCaaS, and CX platform), agent preparation efforts for digital adoption; and its open cloud platform with hundreds of APIs. NICE’s leadership designation was also driven by an independent customer satisfaction score of 9 of 10. NICE CXone’s maximum scores for Solution Innovation validate the industry-differentiating value of its Customer Experience Interactions (CXi) framework delivered through a unified suite of applications on the fully integrated CXone platform. CXi empowers organizations to intelligently meet customers wherever their journeys begin, enabling resolution through AI and data-driven self-service and preparing employees to successfully resolve any customer needs event. “Customer expectations are changing, and organizations look to us for a complete, connected, and intelligent platform to easily reduce friction. This transformation allows organizations to meet their customers wherever they are and however they choose to start their journeys, to create cohesive digital experiences. Our leadership designation is an honor and we are proud to be the leader of choice in innovative solutions.” Paul Jarman, CEO, NICE CXone CXi offers a comprehensive approach to bridge the gap between today’s consumer expectations and organizations’ delivery of extraordinary experiences. Redefining the way organizations engage and interact with customers, CXi provides the industry’s only combination of CCaaS, WFO, Analytics, AI, and Digital Self-Service. This creates smart, connected, proactive, self-service and human-assisted interactions across the holistic customer journey. About NICE With NICE , it’s never been easier for organizations of all sizes around the globe to create extraordinary customer experiences while meeting key business metrics. Featuring the world’s #1 cloud native customer experience platform, CXone, NICE is a worldwide leader in AI-powered self-service and agent-assisted CX software for the contact center – and beyond. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, partner with NICE to transform - and elevate - every customer interaction.

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AI TECH,SOFTWARE,FUTURE TECH

Babel Street Launches Groundbreaking Insight APIs

Babel Street | September 02, 2022

Babel Street, the world's leading AI-enabled data-to-knowledge company, today announced the immediate availability of three new Insight APIs that allow customers and partners to incorporate data onto any chosen platform. While the Babel Street Platform has been implemented in a variety of environments, these APIs dramatically increase flexibility for customers and partners. With the new Insight APIs, Babel Street now offers customers more control and configuration capabilities than any other Open-Source Intelligence (OSINT) platform. Highlights of the Babel Street Insight APIs include the global and multilingual capabilities, which make it possible to process any publicly available input in hundreds of languages, as well as access to the AI and ML-enabled Babel Data Library, the world's largest and most diverse collection of enriched data. The library empowers customers with data that has undergone a range of improvements like normalization, location extraction, sentiment analysis, violent intent detection, entity identification, and curation by topic or location. As a result, insights relevant to customer challenges can now go anywhere to rapidly inform multi-disciplinary teams and agents, including customer data lakes and internal applications. Each day over 2.5 quintillion bytes of data are created online, adding to the massive trove of data already available. Intelligence professionals rely on Babel Street's technology to access valuable data, position it for fast, accurate analysis, and ultimately generate critical insights in the proper context. The Insight APIs put customers in control with configuration and channel functionality that accelerates time-to-insights. "Our customers don't just need publicly available data. They need that data fast, accurate, and to arrive in context. Above all else, they need data that is accessible in the right place, consistent with intelligence operations, standardized for consistency across hundreds of sources, and available for analysis in real-time. "Our Insight APIs bring agility and flexibility to the intelligence process, even as the firehose of data grows by the day." Pat Butler, SVP Strategy at Babel Street The OSINT market is expected to grow to over $20 billion by 2027, with national security teams and large enterprises leading adoption. Analysts have also predicted that by 2025 over 463 exabytes of data will be generated each day globally. Given the rapid growth and disparate nature of data, it's critical that providers make their technologies increasingly flexible and customizable. Babel Street's Insight APIs ensure a perfect match with national security and enterprise requirements while expanding the possibilities for end-users. "This new offering represents the latest step in our push to make open-source intelligence solutions easier to use and consume for both public and private sector customers," said Michael Southworth, CEO of Babel Street. "These APIs create incredibly flexible opportunities to ingest data into an existing platform while increasing the depth and speed of relevant insights. We're proud to be the only OSINT provider who can reliably put intelligence anywhere and do it at scale." The Babel Street Insight APIs include: Channels The Channels API provides access to Babel Street's curated collection of documents indexed by topic and location to provide real-time global situational awareness, focusing on breaking news, disease outbreaks, mass casualty attacks, national disasters, terror events, transportation, and other significant events. Document The Document API leverages Babel Street's extensive enriched data library, which processes hundreds of millions of documents per day across tens of millions of publicly available sites to make full-form feeds available for indexing and search in near real-time. Identity The Identity API provides access to person-based public records data and related documents. Searches are performed using identifiers, such as name, address, phone, email, social handle, and more. About Babel Street Babel Street is the world's leading AI-enabled data-to-knowledge company. The company's technology allows customers to rapidly discover and decipher the insights they need to empower their missions, regardless of origin, language, or platform. Babel Street's patented analytics software transforms the most relevant insights for our customers through AI-enabled, cross-lingual, conceptual, and persistent search of information from around the world. State-of-the-art linguistics technology deciphers actionable insights from public or private data sources unbound by origin or language. With Babel Street, governments and organizations empower their teams with critical and timely insights on a single pane of glass for immediate analysis, action, and mission success. Babel Street software serves as a force multiplier for customers to uncover threats and opportunities – known and unknown, foreign or domestic, physical or cyber – and make the world a safer, more prosperous place. Babel Street is privately held and is headquartered in the Washington, D.C. area, with offices in London, Canberra, and Ottawa.

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Managing disparate solutions and services can result in high costs, inefficient operational processes and mean threats remain undetected across the business. Security can’t afford to rely on organizations’ strained IT resources. Read More..

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