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Datamatics Wins IMC Digital Technology Award 2018 for TruBot and TruAI in Emerging Technology Large Category

Vlad Poptamas

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Photo source: digitaltech.scot
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Datamatics Global Services Ltd. (DGSL), a global IT & BPM company, today announced that it has won IMC Digital Technology Awards 2018 under the Excellence in Emerging Technology category for TruBot, its Robotic Process Automation product and TruAI, its Artificial Intelligence platform. The award ceremony was held on 12th April 2019 at St Regis, Mumbai.

The Panel of Jury constituted an eminent panel comprising of the stalwarts in the IT industry: Mr. Atul Nishar – Former Chairman of NASSCOM, Founder and Chairman Hexaware Technologies Ltd., Padma Shri Dr. Deepak Phatak – Professor, IIT Mumbai, Mr. Harish Mehta – Co-Founder of NASSCOM and Executive Chairman, Onward Technologies Ltd., Mr. Keshav Murugesh – Group CEO, WNS Global Services Pvt. Ltd. and recently appointed Chairman, NASSCOM, Mr. Mukesh Kriplani– Chief Executive Officer – ParekhPlast Ltd., Ms. Sandhya Vasudevan – MD, Deutsche Bank Group, Mr. Sanjay Mehta – Private Investor, Mr. Sumit Rajwade – Founder, Digital Innovation Specialist, Stealthmode Startup, Mr. Krishna Tewari – Director, Genessa Smart Solutions.

The IMC Awards recognize achievements across all areas of the IT industry. Winners of each award are selected by a panel of executives representing the wide variety of services present in the IT landscape. The awards are designed to celebrate innovation through technological product/solutions and applications that are transformative to business.

The award was presented by the Chief Guest Padma Shri Dr Deepak B. PhatakMs Sandhya Vasudevan, Jury Chair, IMC Digital Technology Awards 2018 said, “I congratulate Datamatics for its innovative and future oriented products TruBot and TruAI. She emphasized on how our solution has helped to automate processes and detect fraud in the banking sector.”

Mr. Rahul Kanodia – Vice Chairman & Chief Executive Officer said, “AI and RPA are going to change the ways how organisation are looking at the technologies in the coming future. Datamatics is actively investing in these emerging technologies. We are happy to be recognized in the emerging technology space by IMC.

Datamatics’ TruBot is a versatile, multi-skilled bot that automates a range of repetitive and rule-based processes without any manual intervention. The Everest Group, a leading global analyst firm has featured TruBot in their RPA PEAK Matrix recently. Also, Gartner, the leading Research and Analyst firm, named Datamatics in its Report on Consulting and System Integration Service Providers for Robotic Process Automation.

Datamatics’ TruAI is a comprehensive Artificial Intelligence platform that businesses use for Pattern Detection, Text and Data Mining. It helps enterprises extract intelligence from high volumes of structured, unstructured and multi-structured data from diverse sources.

 

SOURCE Datamatics Global Services Ltd.

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Artificial Intelligence

Kountable CEO Talks with UNOPS Head of Global Innovation and Technology about Its Vital Role in Improving Supply Chain Access at BootstrapLabs AI Conference

Vlad Poptamas

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BootstrapLabs Applied Artificial Intelligence Conference featured entrepreneurs and innovators who shared the newest developments in the field of AI from research and business development to investing and business transformation.

One of several distinguished speakers was Chris Hale, CEO and Co-founder of Kountable, a managed marketplace for global trade, which focuses on collaboration in the supply chain, bringing together SMEs, multinational suppliers and end customers onto a single platform.

In a conversation with Jonas Svensson, Head of Global Innovation and Technology, Hale demonstrated the role Kountable can play in accelerating progress of the world’s biggest organizations towards equipping people for success in underserved markets.

Kountable focuses on aggregating the demand side in trade by partnering with high quality entrepreneur owners of small and medium enterprises (SMEs), bringing access to world class goods to underserved markets and accelerating progress towards the United Nations’ Sustainable Development Goals (UNSDGs).

“The Global South is home to some of the fastest growing economies on the planet, despite being challenged by a general lack of traditional infrastructure, scarcity of information, trade frictions, political and currency risks or even corruption,” said Hale.

“Nevertheless, the benefits to bringing the next billion people into the global trade economy outweigh the risks and massive investments are being made in infrastructure, healthcare, IT, and transportation by governments, and other global organizations like the UN, Red Cross, World Bank, The Gates Foundation, or Buffet Foundation.”

Kountable is making this possible by building a data acquisition, normalization, and scoring platform that measures the behaviors of the best trades and their traders in these emerging markets. With unique data describing the last mile of the supply chain and unique data on the traders in these developing markets, Kountable is building behavioral analysis for historical and live-updating trader behaviors, NLP to analyze the type of goods being requested/provided, matching algorithms to identify best-fit for traders and trade opportunities, time-series analysis on historic FX rates and fluctuation patterns, image recognition to automatically recognize and categorize key documentation, as well as SNA to assess reliability and competency of traders and buyers without traditional “scoring” mechanisms.

“We’re leveraging machine learning and artificial intelligence to help us find, resource, train, grow and promote these traders who are generally small and medium enterprises (SMEs),” said Danielle Russell, Head of Product at Kountable. “These traders are the engines of growth in these rapidly growing economies and connect the largest buyers in these economies to the top suppliers and brands in the world and are literally the point of access to global commerce for their respective countries.”

 

SOURCE Kountable

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BMC Named A Strong Performer in Intelligent Application and Service Monitoring by Independent Research Firm

Vlad Poptamas

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BMC, a global leader in IT solutions for the digital enterprise, today announced that Forrester Research Inc. recognized the company as a Strong Performer in The Forrester Wave™: Intelligent Application And Service Monitoring, Q2 2019. BMC received the highest score possible in the product innovation road map criterion.

According to the Forrester Wave, “BMC Software has continually advanced its product portfolio over time through organic innovation and acquisitions. Recent releases have introduced AI/ML-driven monitoring for data center and multicloud environments and rebuilt the solution from the ground up in a modern, portable, and scalable architecture leveraging containers. This allows the product to deploy into a number of environments (e.g., hybrid cloud or on-premises) to meet the needs of a large cross-section of customers.”

“We believe that the TrueSight platform’s position as a strong performer in this Forrester Wave reflects the capability of the solution to deliver robust, enterprise-class service and application-aware monitoring,” said David Cramer, President, Digital Service Operations, BMC. “In addition, earning the highest score possible in the product innovation road map criterion validates, in our opinion, our ongoing strategy to both deliver more advanced analytics and intelligent automation capabilities into the TrueSight platform, as well as continuously modernize our solutions to make them faster to deploy, easier to manage, and provide more rapid time to value for our customers.”

The BMC solution evaluated in this report, TrueSight Operations Management, offers a holistic monitoring and event management solution that ingests data, events, logs, and metrics from many sources. It applies machine learning and advanced analytics combined with application and service aware context to help IT Ops teams predictively find and fix problems faster to reduce risk, increase efficiency, and drive down costs across IT Ops processes.

“BMC Software’s TrueSight suite will assuredly benefit enterprises that are starting their journey into modernizing their applications yet also have a large number of legacy and commercial off-the-shelf (COTS) systems to support,” stated the Forrester Wave.

In this report, Forrester also recommended that customers should look for IASM solutions that offer ‘intelligent root cause analysis and remediation’. The TrueSight platform helps customers significantly reduce time to identify root cause and remediate issues faster with advanced correlation of millions of operational data points and log analytics deployed across complex infrastructure and application environments.

Digital transformation is forcing IT organizations to reconsider how to ensure infrastructure and application performance. Growth in complexity of IT environments and data volume that IT Ops teams need to manage makes maintaining the health and performance of infrastructure and applications very difficult. Intelligent monitoring tools are needed as part of a holistic IT Operations Management (ITOM) strategy to minimize costs without compromising the health and performance of increasingly complex, diverse infrastructure and applications.

“The artificial intelligence is really going to help us move from the reactive service model to proactive, and ultimately to predictive, where we’ll be able to see signs that there’s an impending failure and maybe remediate it before it happens, really saving our customer a lot of downtime. Without the TrueSight solution, we have no way of getting there,” said Chris Adams, President and Chief Executive Officer, Park Place Technologies.

Forrester Research employed a rigorous process to create the Forrester Wave. Its evaluation of this report included a review of the 13 most significant vendors in the IASM market across 29 criteria.

To read the Forrester Wave™: Intelligent Application And Service Monitoring, Q2 2019 report, visit here. The report is available to Forrester subscribers or for purchase.

 

SOURCE BMC

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Kavout Releases K Score for United Kingdom and Germany Stock Markets

Vlad Poptamas

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Kavout announced today the launch of K Score for the United Kingdom and Germany stock markets. Used by buyside firms, K Score is a Quantamental stock rating score of 1 to 9 that generates predictive analytics using AI (artificial intelligence) and machine learning. K Score serve as buy/sell signals, or as an effective input to investment firms’ privately developed models.

K Score are now available for publicly traded companies included on UK’s FTSE 350 and FTSE 100, and Germany’s HDAX and MCSI small-cap ETF. This is an expansion on the K Score current availability for stocks traded on the US exchanges, and A-share stocks on the China market.

“K Score has been well received by forward-looking quantitative and fundamental investors,” said Kavout’s Chief Commercial Officer, Isabell Sheang. “Our mission is to enable more investors globally to take advantage of AI solutions, and to find an edge. The decision to make K Score available for the UK and European markets aligns well with our expansion roadmap.”

K Score are ratings built by the Kavout Intelligence (KAI) engine. By taking in fundamental data, pricing signals, technical indicators, and alternative data, our machine learning models and algorithms rate and rank stocks between 1 to 9. A higher K Score assigned to a stock indicates a higher probability of outperformance over the next 1-3 months, whereas a lower K Score indicates a lower probability of outperformance.

Those interested in finding out more about K Score for markets in US, ChinaGermany and United Kingdom, please contact marketing@kavout.co.

 

SOURCE Kavout

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