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Suplari to Build Custom AI-Powered Insights Applications for Enterprises

Vlad Poptamas

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Photo source: martechadvisor.com
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Suplari, the AI-powered intelligent spend management system for enterprise procurement and finance, today unveiled a new program to build Custom Insights Applications for its customers. Insights are always-on, intelligent applications in Suplari. The Insights Applications automatically and persistently monitor enterprise data, and proactively detect opportunities to optimize spend, risk and compliance. With this new Custom Insights program, Suplari can rapidly develop Insights Applications, specific to each business, to tackle their hardest strategic problems, operational optimization needs and data blind spots. The announcement happens during ISM 2019 Spark Event, hosted by the Institute for Supply Management in Houston, where team Suplari will be presenting its system and new Insights.

Insights Applications are Always-On Opportunity Detectors, to Optimize Productivity, Spend, Risk and Compliance – the proactive, efficient and accountable way.

Finance and procurement are under constant pressure to optimize spend, risk and compliance – but struggle to get timely and actionable insights into spend and supplier activity. Basic and static reporting are no longer sufficient. Suplari makes sense of customers spend data sources and supplier activity. The system runs Insights Applications using algorithms that enable persistent monitoring, timely alerting and proactive resolution of optimization opportunities.

Highlighted examples of Suplari’s built-in Insights Applications include the ones detecting optimization opportunities for: outlier and suspicious transactions, employee subscriptions and purchasing activity, early contract renewal and negotiation, demand aggregation, purchasing process violations, and much more.

This more automated, proactive, accountable approach also saves customers the time wasted on fixing data and crunching reports. Teams can then become more agile, and focus on what matters most – decisions, relationships and value creation.

Custom Insights Drive Intelligence from Finance, Operations and Procurement Data

“Enterprises are operating in a time of increasing volatility, disruption and opportunity,” said Nikesh Parekh, Co-founder and CEO at Suplari. Every enterprise is looking for solutions to increase back-office productivity, drive intelligence from their data, and proactively drive execution. Yet, the solutions need to be unique to each enterprise’s operating model and strategic challenge. Suplari frees the data from traditional systems and drive proactive, customized answers to company-specific challenges.”

To build the Custom Insights, Suplari starts with connecting data sources across disparate systems. Then runs algorithms that automatically monitor data and detect optimization opportunities. The applications also render easy to use data explorers, rich analytics, alerting and tracking of opportunities. All those capabilities come together to help close the full loop from identifying and investigating opportunities all the way to resolving them and capturing the actual outcomes.

Enterprise finance and procurement teams engage Suplari and apply Custom Insights to solve core challenges they face:

  • Blind spots in spend data and operations management
  • Data sets that need to be connected and monitored
  • Unique KPI or cost allocation to be better tracked
  • Uncovering hidden costs, risks or fraud
  • Strategic business initiatives, missing relevant metrics

“The use cases are broad and revolutionary,” added Parekh. For example: a retailer powerhouse needed to monitor preferred and rogue spend in fulfillment centers to improve sourcing; an electronics manufacturer connecting part inventory management to revenue forecast; an insurance company needed insights into driving greater adoption and compliance to their PO process. Other customers wanted visibility into rogue behaviors, risk factors, budget tracking and departmental expenses. The possibilities are limitless.”

Making it All Possible with Insights Generator: Our Integrated Development & Data Science Environment

Suplari is constantly expanding its catalog of Insights Applications. The ability to rapidly develop both built-in as well as Custom Insights relies on Suplari’s proprietary Insights Generator technology. The Insights Generator is Suplari’s proprietary integrated development and data science environment. It leverages cloud infrastructure, Kubernetes clusters, machine learning and pervasive data science technologies such as Python, Jupiter and Pandas. The Insights Generator give data scientists control and versatility for the rapid development of intelligent applications, helping solve any enterprises mission-critical challenge.

Suplari’s Insights Generator was architected and designed by Suplari’s CTO Jeff Gerber, former CTO of iConclude / HP Business Service Automation and former Chief Architect of Apptio. “We founded Suplari to build intelligent applications for the enterprise,” said Gerber. “We are experiencing a revolution in AI advancement. In the consumer space, we now have intelligent assistants that can do your shopping, screen your calls, find the music you like or even recognize friends and family in your photo collection. Bringing this type of innovation to the enterprise, Suplari helps customers identify business optimization opportunities – in a way that was not possible to find using traditional techniques or basic analytics.  We are applying AI to the messy, disconnected and siloed enterprise dataset and enabling a new order of intelligence, automation and agility for our customers.”

Equipped with these AI-powered Insights Applications, pre-packaged or custom, enterprise finance and procurement teams can build a rich opportunity pipeline, with a variety of contributing tactics and levers, and an accelerated pace to hit cost savings, risk and compliance optimization goals. They can turn spend management into an enterprise-wide, accountable and ongoing practice, rather than reactive, one-off initiatives.

To learn more about Suplari’s Intelligent Spend Management System and the new Custom Insights program, visit www.suplari.com.

 

SOURCE Suplari

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Beauty and Cosmetics

Alma Celebrates Its Platinum Anniversary – 20 Years of Global Leadership

Betty Tűndik

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Alma, one of the top five global leaders of energy-based medical and aesthetic solutions, today announced global launch of its 20th anniversary celebrations, kicked-off in Milan, one of the world’s beauty capitals, during WCD tradeshow

From its early days, Alma has been at the forefront of medical and aesthetics technologies, carrying the torch of revolution in various arenas around the world, determined to become a market leader. Today, Alma is a world-leading provider of energy-based solutions for the surgical, medical aesthetics and beauty markets, delivering cutting-edge technologies to its partners and customers in over 80 countries.

Alma’s 20th anniversary events and activities will span around the world throughout 2019, celebrating our journey guided by our key values:

  • Wellbeing of body and soul, a positive celebration of life
  • Knowledge – harness the industry’s brightest minds to lead our endless engagement with science, technology, manufacturing and much more
  • People First – people are our power and passion
  • Daring – being first and doing things differently, constantly challenging ourselves and embracing change in this dynamic world we live in
  • Modern Life – crafting our work around the way people live today, seeking for authentic, inherent realities, identifying trends alongside timeless truths, welcoming the world’s diverse beauty with open arms

“We are delighted to announce our 20th anniversary and invite all of you to join our global celebration. With 20 years of successful and impactful operation behind us, we are excited and committed towards the future – for you, for life,” said Lior Dayan, Alma’s CEO.

 

 

SOURCE: Alma Lasers

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Computer Electronics

Learn more about Quantum Technology and Quantum Mechanics with Dr. André Xuereb at TCE2019 Prague

Zoltán Tűndik

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Decades of research, laboratory curiosities, and world-changing effect notes are starting to be implemented worldwide and the age of quantum is here.

Whenever we are talking about the atomic clock (which already 69 years old) or supercomputers, everything in the natural world can be described by quantum mechanics.

Although, the theory was born a century ago, what is notable about the effort now is that the challenges are no longer scientific but have become matters of engineering. A new industry is born and the future definitely looks exciting as the quantum industry covers far more than just quantum computing. Quantum technology harnesses the strange behavior of tiny particles for a whole range of applications, including navigation tools, enhanced imaging technology, and extremely precise timing devices.

Quantum techniques can also be used to improve the efficiency and capacity of communication channels on a global scale and the method used is Photonics.

The method is focused on the use of light particles, photons, to transmit or carry information. This has been proved to be a less resource-intensive process, since photons are more accessible than other sources of energy, and fiber cables weigh around 40 times less than cables currently used for telephone lines and broadband internet.

During the inaugural PICANTE Tech Conference Europe, we are bringing together industry leaders, scientist and will discuss (among other topics) the investment opportunities in Quantum Technology and Nanotech.

The panel discussion which is titled “Discussions and Investment Opportunities in Quantum Technology and Nanotech” will be joined by Dr. André Xuereb, Professor of Atomic and Quantum Physics at the University of Malta.

About Dr. André Xuereb

André Xuereb is physicist from Malta. He read for an undergraduate degree in mathematics and physics at the University of Malta, a Ph.D. in theoretical physics at the University of Southampton in the UK, and a master degree in entrepreneurship at the University of Malta. He is a professor of atomic and quantum physics at the University of Malta, is Science Policy Officer of the Malta Chamber of Scientists, represents Malta on several European research networks, and was recently elected as the first Maltese member of the Global Young Academy. André has an active career in science, having established and leading the quantum research group at the University of Malta, and co-owns an educational software startup.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

Seats are limited (Super Early Bird Rate – valid through 30th of June)

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Awards

Elekta Wins 2019 ‘Medical Device Engineering Breakthrough’ Award From MedTech Breakthrough

Betty Tűndik

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Logo Source: medtechbreakthrough.com - edited by Picante.today
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Annual awards program recognizes outstanding health and medical technology products and companies

Elekta (EKTA-B.ST), today announced that MedTech Breakthrough, an independent organization that recognizes the top companies and solutions in the global health and medical technology market, has presented the “Medical Device Engineering Breakthrough” award in the 2019 MedTech Breakthrough Awards program to Elekta for its Elekta Unity MR-linac.

Elekta Unity combines two technologies: a state-of-the-art 1.5T MRI scanner and a best-in-class 7 MV linear accelerator, driven by breakthrough real-time adaptive radiotherapy software. It provides the ability to reshape the dose based on daily changes in shape, size and position of the tumor and surrounding healthy anatomy, as visualized with MRI, and then enables accurate dose delivery with real-time visualization of the tumor.

“We reserve our Medical Device Engineering Breakthrough award for recognizing transformative technology and Elekta Unity is a shining example of groundbreaking medical technology deserving of this designation,” said James Johnson, managing director, MedTech Breakthrough. “In addition to Elekta Unity displaying breakthrough engineering that combines precision radiation therapy and high-field MR imaging, Elekta Unity addresses one of the most critical healthcare issues in the world with a focus on providing the next generation of cancer care.”

The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Robotics, Clinical Administration, Telehealth, Patient Engagement, Electronic Health Records, mHealth, Medical Devices, Medical Data and many more. This year’s program attracted more than 3,500 nominations from over 15 different countries throughout the world.

“It’s an honor for Elekta to win this prestigious award,” said Richard Hausmann, Elekta’s President and CEO. “The Unity system’s breakthrough technology demonstrates our leadership in precision radiation medicine and commitment to the needs of the patient and cancer care team delivering treatment.”

Robert Woolston, Managing Director at DCA Design International, Elekta’s design partner for the MR-linac system, commented, “Congratulations to all involved in the development of Elekta Unity. We are delighted to see this system winning award after award and most importantly to see it improving cancer patients’ radiotherapy experience and outcomes, as it ushers in a transformation in precision and personalized cancer treatment.”

Through Elekta Unity’s integrated and responsive software, tumors and surrounding tissue can be precisely located, their movement tracked, and treatment adapted in real time based on live information. This allows treatment plans to be adapted while the patient is on the table in response to changes in tumor position, shape, biology and the relationship to sensitive organs over time.

 

 

SOURCE: Elekta

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