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AI TechPark 2021-02-22
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Inseego Corp. (Nasdaq: INSG) (the “Company”), a pioneer in 5G and intelligent IoT device-to-cloud solutions, today announced that it has commenced an underwritten public offering (the “Offering”), subject to market and other conditions, of an aggregate of $100.0 million in principal amount of its convertible senior notes due 2025 (the “Notes”).

The Company expects to grant the underwriters a 30-day option to purchase up to an additional $15.0 million in aggregate principal amount of the Notes in connection with the Offering, solely to cover over-allotments.The Notes will be senior unsecured obligations of the Company and will accrue interest payable semi-annually in arrears.

Immediately following the Offering, the Company intends to exchange approximately $44.8 million principal amount of its existing 5.50% convertible senior notes due 2022 for a combination of cash and $75.0 million principal amount of Notes in concurrent private placement transactions (the “Private Exchange Transactions”).

Notes issued in the Private Exchange Transactions will be part of the same series as the Notes issued in the Offering, but will be subject to certain transfer restrictions that will not be applicable to the Notes issued in the Offering.

The Offering is not conditioned upon the closing of the Private Exchange Transactions, but the Private Exchange Transactions are conditioned upon the closing of the Offering.The Company intends to use a portion of the net proceeds from the Offering (i) to repay in full and terminate its existing credit agreement, which currently carries interest at a rate of 9.24% per annum, and (ii) to pay the cash consideration due in connection with the Private Exchange Transactions.

The Company intends to use the remainder of the net proceeds from the Offering for general corporate purposes.Stifel is acting as the sole book-running manager for the Offering.The Offering will be conducted pursuant to an automatic shelf registration statement (including a base prospectus) that was filed by the Company with the Securities Exchange Commission (the “SEC”) on May 7, 2020 and became immediately effective, and a preliminary prospectus supplement related to the Offering that has been or will be filed with the SEC.

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Martech News 2022-10-11
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Why Cyber Security Should be in Top of the ListPhishing, ransomware and crypto jacking are among the top cyber security threats. The industry continues to suffer from a severe shortage of cyber security professionals and experts warn that the stakes are higher than ever. The economic impact of Cyber Security Attack - Every year, cyber security problems and attacks cause billions of dollars of loss. Increased Cyber Security Threats - Information theft is one of the most expensive and fastest-growing segments in cybercrime. Check full Article - Why Cyber Security Should be on Top of the List
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AI TechPark 2021-04-22

Dow recognized for her contributions as a leader and mentor in the security industryIdentiv, Inc.,  (NASDAQ: INVE), a global leader in digital identification and security, today announced Leigh Dow, VP of Global Marketing, was honored by The Software Report with a 2021 Top 25 Women Leaders in Cybersecurity award.Virtual workplaces are here to stay and cybersecurity is critically important, ensuring safe and secure remote access through strict protocols and strong verification.

Legacy systems are undergoing a digital transformation and companies are being forced to quickly adapt to cloud-based infrastructure and anywhere operations, making the need for highly skilled security professionals more important than ever.The list of elite women awarded this year’s distinction not only stepped up to new challenges in addressing cyber risks and vulnerabilities, they also implemented proactive strategies to ensure ongoing resilience to cyberattacks for both their organizations and their clients.

Some of this year’s awardees serve cybersecurity companies, while others act in cybersecurity roles for businesses in other industries.

All demonstrated a dedication to protecting valuable online assets that allow their employers and clients to function with agility and confidence in an increasingly digital world.Per The Software Report, these professionals utilized their deep industry knowledge, keen awareness of the threat landscape, and understanding of client needs to develop innovative and effective security products, services, and programs.

Moreover, many have worked diligently to promote diversity in their workplaces and to foster the professional development of their teams, demonstrating their commitment to continuous improvement and growth.This holds true for Dow, whose specialty is marketing transformation, driving functional change in an increasingly “phygital” landscape.

“The world is becoming more verified with an increasing need to digitally secure the physical world.

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AI TechPark 2021-02-15

Unanimous AI, maker of the award-winning Swarm® software platform, is pleased to announce that the IPC partnership, composed of 15 humanitarian organizations, has successfully conducted a comprehensive pilot study testing the efficacy of Swarm AI technology in forecasting food insecurity in hotspots around the world.

The study used Swarm to enhance a process known as Integrated Food Security Phase Classification (IPC) in which Governments, United Nations agencies, NGOs, and other relevant actors collaborate to assess the severity of acute and chronic food insecurity and/or acute malnutrition according to internationally recognized standards.The objective of the IPC process is to provide global decision-makers with evidence-based and consensus-based analysis of food insecurity, informing emergency response and long-term and medium-term policies.

When testing the use of Swarm AI technology for this critical task, the researchers concluded it “has strong potential to meet the needs of a more scalable solution for IPC analysis” and determined this it is “a promising approach for making IPC consensus building more efficient.”“The IPC Global Partnership continues to innovate on best serving the needs of the world’s food insecure people.

Our collaboration with Unanimous AI and the application of Artificial Swarm Intelligence has been particularly promising to make the IPC analysis and consensus building processes more efficient and potentially used at scale,” said Jose Lopez, IPC Global Program Manager, United Nations Food and Agriculture Organization (UN FAO).Swarm® is an AI-based collaboration platform that enables optimized forecasting, prioritization, and decision-making by networked human groups.

It’s particularly powerful for amplifying the intelligence of networked business teams, financial teams, and government organizations, enabling them to converge upon accurate predictions, decisions, and estimations. 

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AI TechPark 2021-02-17

With Black History Month celebrations going on in several industries, it is important to realize the need and necessity to have black folks in the AI arena as well!

Here are a few examples of consequences that have occurred due to bias within AI systems andnegligence within AI processes.● In 2015, Jacky Alciné wrote a tweet that expressed his concern on the classificationalgorithm behind Google Photos.

She is the author of two books:People’s Science and Race after Technology – in which she talks about how algorithm canencore racial discrimination.

Latanya Sweeney:Latanya Sweeney, Ph.D., is a Professor of Government and Technology in Residence atHarvard University, formerly the CTO at the US Federal Trade Commission (FTC) and thefounding director of the Data Privacy Lab at Harvard.

Her work was first to demonstratediscrimination in online algorithms and founded the new emerging area known asalgorithmic fairness.Her one of the recent work is with Ji Su Yoo and Jinyan Zang – who was first to demonstratevulnerabilities in voter websites during the 2016 election.3.

Danielle Belgrave:Danielle Belgrave is a ML researcher in the Healthcare Intelligence group at MicrosoftResearch, in Cambridge (UK).

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AI TechPark 2021-10-11

ISG Provider Lens™ report finds many companies focused on more holistic partnerships with digital FAO providersCFOs under pressure to deliver cost efficiencies and enable organizational growth are turning to providers of digital finance and accounting outsourcing (FAO) services to help meet their goals, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The ISG Provider Lens™ Digital Finance and Accounting Outsourcing Services Archetype Reportfinds many enterprise CFOs around the world looking to FAO service providers that leverage data analytics to deliver real-time insights and meaningful information to make faster business decisions.While digital FAO providers have traditionally given enterprises the ability to offshore non-strategic finance functions, the market has changed considerably, the report says.“FAO service providers are adapting to meet the increasing expectations of enterprise clients,” said Scott Furlong, partner, Global Business Operations, for ISG.

“Second-generation outsourcers are beginning to engage with service providers more holistically.”Many second- and third-generation outsourcers are moving more F functions to providers, the report says.

In such cases, enterprises are leveraging intelligent FAO solutions that combine RPA with artificial intelligence, natural language processing and machine learning capabilities.According to ISG research, only 14 percent of companies have reached Bot 3.0, the most mature state of enterprise automation capability, with automation in multiple functional areas and cognitive solutions in production, the report notes.The report also finds the COVID-19 pandemic drove greater adoption of FAO services.

Finance leaders worldwide have been prioritizing digital transformation agendas to modernize their finance functions.

They see automation, advanced analytics and AI as key ways to reduce costs, improve accuracy, increase workforce productivity and enhance customer experience.Companies also are seeking providers that offer vertical-specific FAO services such as actuarial accounting and claims bill payment in insurance; royalty management in media, entertainment and publishing, and revenue recovery in the airline industry, the report notes.The ISG Provider Lens™ Digital Finance and Accounting Outsourcing Services Archetype Reportexamines four different types of clients, or archetypes, that are looking for digital finance and accounting services.

The report evaluates the capabilities of 24 digital finance and accounting service providers to deliver services to these four archetypes:Transactional Services Buyers: These are typically first-generation outsourcers seeking to outsource less complex, repetitive and transactional finance functions.

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AI TechPark 2021-02-15

This is the first SaaS product offering by the company.Website and ecommerce search tools that exist today tend to solve for relevancy by optimizing indexing or results ranking.

However, they do not factor in user behavior.SearchBoost.ai delivers personalized search results by focusing on the users and their experience.

Leveraging user data, SearchBoost.ai serves users with predictive, relevant and personalized search results that cater to the highest clicks and conversions.SearchBoost.ai works by connecting to both the data source and the search engine in place within the client’s existing infrastructure.

It imports user data and search results then trains a Machine Learning model on them to produce better results.

While SearchBoost.ai can work with any data source or search engine, there is an existing out-of-the-box connectors for Adobe Analytics, Google Analytics, Apache Solr, Elasticsearch, Adobe Experience Manager and many others in development.“I am both excited and proud in this strategic launch by TA Digital.

We have years of experience working with search solutions at TA Digital and SearchBoost.ai is a key puzzle piece in the hunt for better user experience,” said Dr. Ali Alkhafaji, CTO, TA Digital.SearchBoost.ai ensures the user experience is both frictionless and relevant to their needs by providing personalized search results.

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AI TechPark 2021-02-15

LALAL.AI, an online AI-based audio splitter, adds the Free plan in addition to three existing creator packages.

“With the new tier, users can split three audios and download the stems on their device absolutely free of charge,” says Nikolay Pogorskiy, Lead Engineer.

To activate the package, creators are required to log in with their email address.After the update, the service is available in four tiers – Free, Lite, Professional and High Volume.

The LALAL.AI splitting service is designed for sound professionals, musicians, amateurs and music lovers.

The functionality of the Lalal.ai audio extracting tool is available online now. 

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AI TechPark 2021-02-19

New program addresses the increased demand for advanced data-security solutions for mission-critical privacy, AI, and cloud initiatives by equipping partners with the tools needed to meet joint-customers’ unique requirementProtegrity, a global leader in data security, today launched the Protegrity Partner Network, which empowers technology organizations, systems integrators, and value-added resellers (VARs) to seamlessly deliver Protegrity’s advanced data-protection solutions to joint customers, supporting privacy, advanced analytics, AI and machine learning, and cloud initiatives.

The Protegrity Partner Network gives partners the necessary resources and certifications to enable their customers to unlock the potential of secure data, creating more opportunities for innovation and digital transformation, and improving customer experiences.“As a foundational pillar in Protegrity’s business transformation and growth strategy, the new Protegrity Partner Network is an important step toward achieving our mission to secure the world’s most sensitive data by delivering advanced data protection,” said Protegrity President and CEO Rick Farnell.

“At the core of our partnership strategy is neutrality, enabling us to empower more organizations to discover new uses of sensitive data and drive business excellence.”Tiered Benefits for Service and Technology PartnersPartners work closely with Protegrity to implement data-security, privacy, and AI industry best practices to ensure customers successfully achieve their data-protection objectives.

The program consists of two partner types—Service Partners and Technology Partners—and offers tiered benefits for each (Launch, Elevate, Transcend).

Service Partners can refer new business or become eligible to resell the Protegrity platform.

Technology Partners, such as independent software vendors (ISVs) and large cloud hyperscalers, receive access to the Protegrity Data Protection Platform to develop custom software integrations, eliminating friction for customers when implementing joint solutions.Protegrity has developed a tiered program that delivers various benefits to address partner needs:Launch partners receive access to sales and technical tools, the partner portal, virtual training, product updates, and newsletters.Elevate partners, in addition to Launch benefits, receive virtual training, Protegrity Data Protection Platform access, a named alliance manager, a named marketing contact, and joint branding tools.Transcend partners benefit from all of the above plus additional training opportunities, dedicated alliance management, marketing and support contacts, discounted event sponsorship, one-on-one product briefings, an advisory board seat, and joint business planning.Enabling Partners with New Certification ProgramAs part of the Protegrity Partner Network, Protegrity has launched a Partner Certification Program to incentivize partners to obtain training from Protegrity on the data-security landscape and industry best practices, as well as how to effectively identify opportunities with and implement the Protegrity Data Protection Platform.

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AI TechPark 2021-02-19

Mayfield Fund, Continental, Robert Bosch Venture Capital, and Existing Investors Join WRVI Capital in Financing Developer of Highest-Performing Power-Efficient Perception Processing Technologies for Autonomous VehiclesRecogni Inc., the developers of an AI vision cognition system for autonomous vehicles, today announced $48.9 million in a Series B financing round, led by WRVI Capital, a prominent global technology investor.

The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams.In addition to WRVI Capital, new investors Mayfield Fund, Continental, and Robert Bosch Venture Capital joined existing investors GreatPoint Ventures, Toyota AI Ventures, BMW i Ventures, Fluxunit – OSRAM Ventures, and DNS Capital in the current financing round.Recogni’s AI-powered vision cognition module (VCM) will address the challenges of autonomous vehicle design and deployment.

Applying innovations in artificial intelligence, application-specific integrated circuits (ASICs), and system software, the VCM will deliver groundbreaking performance at ultra-low power consumption, enabling high-resolution and high-frame-rate image processing from multiple cameras concurrently in real time.“As Silicon Valley-based deep technology investors, we understand the impact that fundamental breakthroughs in silicon architecture, embedded software, AI algorithms, and power efficiency can have on autonomous vehicle development,” said Sriram Viswanathan, Founding Managing Partner of WRVI Capital.

We are convinced their innovations have the potential to make them the leader in this market segment.”“This investment is a strong endorsement of Recogni’s vision from venture and industry leaders.

We are moving along our journey of solving the challenge of perception processing and power efficiency, by building the world’s highest-performing AI inference system at the lowest energy consumption,” said R K Anand, Recogni’s Chief Executive Officer.“As a people-first investor, it always begins with the team,” said Navin Chaddha, Managing Director, Mayfield.

“I first met R K seven years ago.

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AI TechPark 2021-02-04

Today, Deep Water Point, LLC (DWP), announced that William “Terry” Burruss, the Central Intelligence Agency’s (CIA) former Deputy Director of the Center for Cyber Intelligence, joined the company as part of their Defense and Intelligence business.

Burruss, a former Senior Intelligence Service (SIS) officer in the CIA’s Directorate of Digital Innovation, is a highly respected and experienced executive who was a leader in the agency’s Center for Cyber Intelligence.

The Center is responsible for intelligence collection, analysis, and operations focused on foreign cyber threats to US interests.

“Terry’s presence on our team will complement a cross section of very senior expertise we have assembled to serve our clients in the Intelligence, Defense, and Federal Civilian markets,” said Howard Seeger the company’s Managing Partner.

“The line between cyber and business has blurred over the years, and cyber is now an integral part of the solutions and proposal development process.

Our ability to help clients address this important area of national security is mandatory and that is why we now have some of the most experienced and respected cyber experts available in the market,” said BG Ron Bouchard, USA, Ret.

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AI TechPark 2021-02-05

First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF)and a leading global provider of property and ownership data and advanced analytic solutions, announced today the launch of its AppIntelligence® Score (AI Score) fraud solution.

AI Score is a powerful new fraud pattern-recognition score that enables high-volume lenders and investors to more precisely identify the risk of fraud and early payment default on both new mortgage applications or a portfolio.AI Score, part of the division’s AppIntelligence Suite, delivers a highly accurate score that significantly reduces review volume and false positives and uses proprietary predictive modeling to paint a truer picture of where fraud and early payment default risk are likely to occur.

For example, loans with the highest AI Score, usually about 10% of total application volume, account for 50% or more of total fraud risk.

This targeting enables lenders to focus their reviews on the most at-risk loans, while streamlining loan approvals and reducing operational costs.AI Score utilizes First American Data & Analytics’ proprietary predictive fraud indices, employing both natural and artificial intelligence machine learning technologies.

It simultaneously runs proprietary sub-modelsfor risk, including synthetic identity, income, employment, early payment default (EPD), undisclosed debt and loan participant risk review.In addition, AI Score has a retro-scoring capability, so lenders can run a portfolio to identify which loans would have been flagged by the model.

AI Score produces a scale of scores from low to high risk that can be customized to the lender’s risk tolerance.

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martechcube 2024-03-21
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Neda, please share some key milestones and experiences from your professional journey that have shaped your perspective and approach as Chief Product Officer at Stibo Systems. However, there have been some crucible moments where I made radical decisions, and I think those moments have influenced my journey. However, I made the decision to stay and tackle the problem with a more compassionate approach towards the application users. This story applies to Stibo Systems. Could you provide an overview of Stibo Systems’ mission and how it aligns with the concept of “better data, better business, better world”?
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AI TechPark 2021-04-20

New Capabilities Strengthen Trust in Every Interaction Through AI-Powered Identity Verification Reinforced By Commitment to Strong Data Management PrinciplesTrust is the key ingredient to conducting digital commerce.

That framework is now in use across a number of sectors, from education to travel to healthcare.Ekata works with a wide range of global merchants, financial institutions, travel companies, marketplaces and digital currency platforms.

The company uses insights to deliver unique scores, data attributes and risk indicators that businesses then use to make more informed decisions.

They help their customers identify good consumers and businesses and bad actors in real-time during online account opening, payments and variety of other digital interactions.“The shift to a more digital world requires real solutions to secure every transaction and instill trust in every interaction,” said Ajay Bhalla, president of cyber and intelligence solutions at Mastercard.

Mastercard and Ekata’s integrated services will build on both companies’ commitments to ensure trust and the responsible use of data.“The acceleration of online transactions has thrust global digital identity verification to the forefront as one of the biggest opportunities to build digital trust and combat global fraud,” said Rob Eleveld, CEO at Ekata, Inc. “The right identity verification solutions enable inclusive and frictionless experiences while, at the same time, ensuring customer privacy, control and security.

Becoming part of the Mastercard Identity family ensures a broader, collective approach to meeting the growing demands of the digital economy.”Ekata is headquartered in Seattle, with offices in Amsterdam, Singapore and Budapest.Delivering on the Strategy, Strengthening ValueCommitment to Privacy, Responsibility – Ekata shares Mastercard’s commitment to safe and secure data practices centered around the individual, further reinforcing their value to the end user.Strong Identity Technology – Ekata has built a core set of identity verification services that helps to provide the backbone of the safety and security of everyday commerce.

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AI TechPark 2021-03-16

The solution helps accelerate custom IoT implementation projects and reduce overall efforts.eInfochips, a leading provider of product engineering services and enabler of digital transformation for enterprises globally, has teamed with Microsoft to develop  EIC PROPELTM that helps accelerate service delivery of Azure-based custom IoT projects.The accelerator comprises a collection of configurable, field-hardened modules that perform, among other things, connectivity and device management, and data analytics and reporting.

By engaging eInfochips for custom IoT development and deployment needs, customers can realize savings in engineering efforts besides achieving faster time-to-market and better quality.The solution leverages several key functionalities from Azure IoT.

The front end is built on micro frontends architecture and the backend is built on a microservices architecture.Microsoft Azure is an ever-expanding set of cloud services that let organizations build, test, deploy, secure, and manage applications, services, and solutions that have been leveraged extensively by the team.“EIC PROPELTM comes with several prebuilt modules to choose from, as per the industry use case.

These can then be quickly configured and deployed in development, test, and production environments.

Our device to digital expertise spanning across IoT, Cloud, and DevOps, along with the newly launched offerings, helps our customers get to market faster,” said Santosh Shiva, global head of partnerships, eInfochips.“We are pleased that eInfochips is leveraging Microsoft Azure services to enable customers’ digital transformation at scale,” said Michael Kuptz, general manager Americas, IoT and Mixed Reality Sales at Microsoft.

“eInfochips and Microsoft are working together to provide a variety of Azure-powered edge-to-cloud solutions that let customers seamlessly build, deploy and scale connected products.”

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AI TechPark 2021-02-18

Giatec, world leader in concrete testing technologies, has announced that their artificial intelligence (AI) algorithm, Roxi™, is now incorporated in SmartMix, a new web-based dashboard that enables producers to optimize concrete materials and predict the performance of their mixes.“The SmartMix platform has helped us communicate with our customers and provide transparency.

We can give them better insights into when our mixes will achieve a specified early-age strength to help them with their construction schedule,” says Patrick Frawley, P.E., Director of Quality Assurance, Central Concrete.With the SmartMix dashboard, producers can adjust the proportions of their concrete mixes, such as the use of chemical admixtures and amount of cement.

With millions of datapoints used to train the AI algorithm, the program’s suggestions ensure that these adjustments will meet a mix’s designed compressive strength and other performance criteria.“This means that a producer can meet concrete mix specifications set out by a project engineer, while cutting down on both material costs and CO2 emissions.

SmartMix can help address the sustainability issues in the concrete industry that are responsible for 8% of global CO2 emissions,” says Andrew Fahim, Senior Manager of R, Giatec.

SmartMix also enables producers to:Predict mix performance, such as compressive strength, workability, and air content of concrete, based on a mix’s proportions, raw material characteristics, ambient conditions, etc.Analyze and evaluate the influence of mix adjustments, such as the use of chemical admixtures or supplementary cementitious materials on concrete performance.Formulate concrete mixes at minimal costs and with a reduced carbon footprint.Meet performance specifications and prescriptive requirements set out by the project engineer, such as specified slump, strength at different ages, etc.Integrate Roxi™, SmartRock™’s AI program, with other concrete data management platforms using Giatec’s comprehensive REST API, accessing more insights into the quality control and quality assurance of concrete.With the support from Giatec’s AI Council members, Roxi’s algorithm was trained using the world’s largest and most diverse concrete performance dataset.

The program was initially built for Giatec’s award-winning SmartRock wireless concrete sensor.

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AI TechPark 2021-02-22
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Inseego Corp. (Nasdaq: INSG) (the “Company”), a pioneer in 5G and intelligent IoT device-to-cloud solutions, today announced that it has commenced an underwritten public offering (the “Offering”), subject to market and other conditions, of an aggregate of $100.0 million in principal amount of its convertible senior notes due 2025 (the “Notes”).

The Company expects to grant the underwriters a 30-day option to purchase up to an additional $15.0 million in aggregate principal amount of the Notes in connection with the Offering, solely to cover over-allotments.The Notes will be senior unsecured obligations of the Company and will accrue interest payable semi-annually in arrears.

Immediately following the Offering, the Company intends to exchange approximately $44.8 million principal amount of its existing 5.50% convertible senior notes due 2022 for a combination of cash and $75.0 million principal amount of Notes in concurrent private placement transactions (the “Private Exchange Transactions”).

Notes issued in the Private Exchange Transactions will be part of the same series as the Notes issued in the Offering, but will be subject to certain transfer restrictions that will not be applicable to the Notes issued in the Offering.

The Offering is not conditioned upon the closing of the Private Exchange Transactions, but the Private Exchange Transactions are conditioned upon the closing of the Offering.The Company intends to use a portion of the net proceeds from the Offering (i) to repay in full and terminate its existing credit agreement, which currently carries interest at a rate of 9.24% per annum, and (ii) to pay the cash consideration due in connection with the Private Exchange Transactions.

The Company intends to use the remainder of the net proceeds from the Offering for general corporate purposes.Stifel is acting as the sole book-running manager for the Offering.The Offering will be conducted pursuant to an automatic shelf registration statement (including a base prospectus) that was filed by the Company with the Securities Exchange Commission (the “SEC”) on May 7, 2020 and became immediately effective, and a preliminary prospectus supplement related to the Offering that has been or will be filed with the SEC.

AI TechPark 2021-04-22

Dow recognized for her contributions as a leader and mentor in the security industryIdentiv, Inc.,  (NASDAQ: INVE), a global leader in digital identification and security, today announced Leigh Dow, VP of Global Marketing, was honored by The Software Report with a 2021 Top 25 Women Leaders in Cybersecurity award.Virtual workplaces are here to stay and cybersecurity is critically important, ensuring safe and secure remote access through strict protocols and strong verification.

Legacy systems are undergoing a digital transformation and companies are being forced to quickly adapt to cloud-based infrastructure and anywhere operations, making the need for highly skilled security professionals more important than ever.The list of elite women awarded this year’s distinction not only stepped up to new challenges in addressing cyber risks and vulnerabilities, they also implemented proactive strategies to ensure ongoing resilience to cyberattacks for both their organizations and their clients.

Some of this year’s awardees serve cybersecurity companies, while others act in cybersecurity roles for businesses in other industries.

All demonstrated a dedication to protecting valuable online assets that allow their employers and clients to function with agility and confidence in an increasingly digital world.Per The Software Report, these professionals utilized their deep industry knowledge, keen awareness of the threat landscape, and understanding of client needs to develop innovative and effective security products, services, and programs.

Moreover, many have worked diligently to promote diversity in their workplaces and to foster the professional development of their teams, demonstrating their commitment to continuous improvement and growth.This holds true for Dow, whose specialty is marketing transformation, driving functional change in an increasingly “phygital” landscape.

“The world is becoming more verified with an increasing need to digitally secure the physical world.

AI TechPark 2021-02-17

With Black History Month celebrations going on in several industries, it is important to realize the need and necessity to have black folks in the AI arena as well!

Here are a few examples of consequences that have occurred due to bias within AI systems andnegligence within AI processes.● In 2015, Jacky Alciné wrote a tweet that expressed his concern on the classificationalgorithm behind Google Photos.

She is the author of two books:People’s Science and Race after Technology – in which she talks about how algorithm canencore racial discrimination.

Latanya Sweeney:Latanya Sweeney, Ph.D., is a Professor of Government and Technology in Residence atHarvard University, formerly the CTO at the US Federal Trade Commission (FTC) and thefounding director of the Data Privacy Lab at Harvard.

Her work was first to demonstratediscrimination in online algorithms and founded the new emerging area known asalgorithmic fairness.Her one of the recent work is with Ji Su Yoo and Jinyan Zang – who was first to demonstratevulnerabilities in voter websites during the 2016 election.3.

Danielle Belgrave:Danielle Belgrave is a ML researcher in the Healthcare Intelligence group at MicrosoftResearch, in Cambridge (UK).

AI TechPark 2021-02-15

This is the first SaaS product offering by the company.Website and ecommerce search tools that exist today tend to solve for relevancy by optimizing indexing or results ranking.

However, they do not factor in user behavior.SearchBoost.ai delivers personalized search results by focusing on the users and their experience.

Leveraging user data, SearchBoost.ai serves users with predictive, relevant and personalized search results that cater to the highest clicks and conversions.SearchBoost.ai works by connecting to both the data source and the search engine in place within the client’s existing infrastructure.

It imports user data and search results then trains a Machine Learning model on them to produce better results.

While SearchBoost.ai can work with any data source or search engine, there is an existing out-of-the-box connectors for Adobe Analytics, Google Analytics, Apache Solr, Elasticsearch, Adobe Experience Manager and many others in development.“I am both excited and proud in this strategic launch by TA Digital.

We have years of experience working with search solutions at TA Digital and SearchBoost.ai is a key puzzle piece in the hunt for better user experience,” said Dr. Ali Alkhafaji, CTO, TA Digital.SearchBoost.ai ensures the user experience is both frictionless and relevant to their needs by providing personalized search results.

AI TechPark 2021-02-19

New program addresses the increased demand for advanced data-security solutions for mission-critical privacy, AI, and cloud initiatives by equipping partners with the tools needed to meet joint-customers’ unique requirementProtegrity, a global leader in data security, today launched the Protegrity Partner Network, which empowers technology organizations, systems integrators, and value-added resellers (VARs) to seamlessly deliver Protegrity’s advanced data-protection solutions to joint customers, supporting privacy, advanced analytics, AI and machine learning, and cloud initiatives.

The Protegrity Partner Network gives partners the necessary resources and certifications to enable their customers to unlock the potential of secure data, creating more opportunities for innovation and digital transformation, and improving customer experiences.“As a foundational pillar in Protegrity’s business transformation and growth strategy, the new Protegrity Partner Network is an important step toward achieving our mission to secure the world’s most sensitive data by delivering advanced data protection,” said Protegrity President and CEO Rick Farnell.

“At the core of our partnership strategy is neutrality, enabling us to empower more organizations to discover new uses of sensitive data and drive business excellence.”Tiered Benefits for Service and Technology PartnersPartners work closely with Protegrity to implement data-security, privacy, and AI industry best practices to ensure customers successfully achieve their data-protection objectives.

The program consists of two partner types—Service Partners and Technology Partners—and offers tiered benefits for each (Launch, Elevate, Transcend).

Service Partners can refer new business or become eligible to resell the Protegrity platform.

Technology Partners, such as independent software vendors (ISVs) and large cloud hyperscalers, receive access to the Protegrity Data Protection Platform to develop custom software integrations, eliminating friction for customers when implementing joint solutions.Protegrity has developed a tiered program that delivers various benefits to address partner needs:Launch partners receive access to sales and technical tools, the partner portal, virtual training, product updates, and newsletters.Elevate partners, in addition to Launch benefits, receive virtual training, Protegrity Data Protection Platform access, a named alliance manager, a named marketing contact, and joint branding tools.Transcend partners benefit from all of the above plus additional training opportunities, dedicated alliance management, marketing and support contacts, discounted event sponsorship, one-on-one product briefings, an advisory board seat, and joint business planning.Enabling Partners with New Certification ProgramAs part of the Protegrity Partner Network, Protegrity has launched a Partner Certification Program to incentivize partners to obtain training from Protegrity on the data-security landscape and industry best practices, as well as how to effectively identify opportunities with and implement the Protegrity Data Protection Platform.

AI TechPark 2021-02-04

Today, Deep Water Point, LLC (DWP), announced that William “Terry” Burruss, the Central Intelligence Agency’s (CIA) former Deputy Director of the Center for Cyber Intelligence, joined the company as part of their Defense and Intelligence business.

Burruss, a former Senior Intelligence Service (SIS) officer in the CIA’s Directorate of Digital Innovation, is a highly respected and experienced executive who was a leader in the agency’s Center for Cyber Intelligence.

The Center is responsible for intelligence collection, analysis, and operations focused on foreign cyber threats to US interests.

“Terry’s presence on our team will complement a cross section of very senior expertise we have assembled to serve our clients in the Intelligence, Defense, and Federal Civilian markets,” said Howard Seeger the company’s Managing Partner.

“The line between cyber and business has blurred over the years, and cyber is now an integral part of the solutions and proposal development process.

Our ability to help clients address this important area of national security is mandatory and that is why we now have some of the most experienced and respected cyber experts available in the market,” said BG Ron Bouchard, USA, Ret.

martechcube 2024-03-21
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Neda, please share some key milestones and experiences from your professional journey that have shaped your perspective and approach as Chief Product Officer at Stibo Systems. However, there have been some crucible moments where I made radical decisions, and I think those moments have influenced my journey. However, I made the decision to stay and tackle the problem with a more compassionate approach towards the application users. This story applies to Stibo Systems. Could you provide an overview of Stibo Systems’ mission and how it aligns with the concept of “better data, better business, better world”?
AI TechPark 2021-03-16

The solution helps accelerate custom IoT implementation projects and reduce overall efforts.eInfochips, a leading provider of product engineering services and enabler of digital transformation for enterprises globally, has teamed with Microsoft to develop  EIC PROPELTM that helps accelerate service delivery of Azure-based custom IoT projects.The accelerator comprises a collection of configurable, field-hardened modules that perform, among other things, connectivity and device management, and data analytics and reporting.

By engaging eInfochips for custom IoT development and deployment needs, customers can realize savings in engineering efforts besides achieving faster time-to-market and better quality.The solution leverages several key functionalities from Azure IoT.

The front end is built on micro frontends architecture and the backend is built on a microservices architecture.Microsoft Azure is an ever-expanding set of cloud services that let organizations build, test, deploy, secure, and manage applications, services, and solutions that have been leveraged extensively by the team.“EIC PROPELTM comes with several prebuilt modules to choose from, as per the industry use case.

These can then be quickly configured and deployed in development, test, and production environments.

Our device to digital expertise spanning across IoT, Cloud, and DevOps, along with the newly launched offerings, helps our customers get to market faster,” said Santosh Shiva, global head of partnerships, eInfochips.“We are pleased that eInfochips is leveraging Microsoft Azure services to enable customers’ digital transformation at scale,” said Michael Kuptz, general manager Americas, IoT and Mixed Reality Sales at Microsoft.

“eInfochips and Microsoft are working together to provide a variety of Azure-powered edge-to-cloud solutions that let customers seamlessly build, deploy and scale connected products.”

Martech News 2022-10-11
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Why Cyber Security Should be in Top of the ListPhishing, ransomware and crypto jacking are among the top cyber security threats. The industry continues to suffer from a severe shortage of cyber security professionals and experts warn that the stakes are higher than ever. The economic impact of Cyber Security Attack - Every year, cyber security problems and attacks cause billions of dollars of loss. Increased Cyber Security Threats - Information theft is one of the most expensive and fastest-growing segments in cybercrime. Check full Article - Why Cyber Security Should be on Top of the List
AI TechPark 2021-02-15

Unanimous AI, maker of the award-winning Swarm® software platform, is pleased to announce that the IPC partnership, composed of 15 humanitarian organizations, has successfully conducted a comprehensive pilot study testing the efficacy of Swarm AI technology in forecasting food insecurity in hotspots around the world.

The study used Swarm to enhance a process known as Integrated Food Security Phase Classification (IPC) in which Governments, United Nations agencies, NGOs, and other relevant actors collaborate to assess the severity of acute and chronic food insecurity and/or acute malnutrition according to internationally recognized standards.The objective of the IPC process is to provide global decision-makers with evidence-based and consensus-based analysis of food insecurity, informing emergency response and long-term and medium-term policies.

When testing the use of Swarm AI technology for this critical task, the researchers concluded it “has strong potential to meet the needs of a more scalable solution for IPC analysis” and determined this it is “a promising approach for making IPC consensus building more efficient.”“The IPC Global Partnership continues to innovate on best serving the needs of the world’s food insecure people.

Our collaboration with Unanimous AI and the application of Artificial Swarm Intelligence has been particularly promising to make the IPC analysis and consensus building processes more efficient and potentially used at scale,” said Jose Lopez, IPC Global Program Manager, United Nations Food and Agriculture Organization (UN FAO).Swarm® is an AI-based collaboration platform that enables optimized forecasting, prioritization, and decision-making by networked human groups.

It’s particularly powerful for amplifying the intelligence of networked business teams, financial teams, and government organizations, enabling them to converge upon accurate predictions, decisions, and estimations. 

AI TechPark 2021-10-11

ISG Provider Lens™ report finds many companies focused on more holistic partnerships with digital FAO providersCFOs under pressure to deliver cost efficiencies and enable organizational growth are turning to providers of digital finance and accounting outsourcing (FAO) services to help meet their goals, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The ISG Provider Lens™ Digital Finance and Accounting Outsourcing Services Archetype Reportfinds many enterprise CFOs around the world looking to FAO service providers that leverage data analytics to deliver real-time insights and meaningful information to make faster business decisions.While digital FAO providers have traditionally given enterprises the ability to offshore non-strategic finance functions, the market has changed considerably, the report says.“FAO service providers are adapting to meet the increasing expectations of enterprise clients,” said Scott Furlong, partner, Global Business Operations, for ISG.

“Second-generation outsourcers are beginning to engage with service providers more holistically.”Many second- and third-generation outsourcers are moving more F functions to providers, the report says.

In such cases, enterprises are leveraging intelligent FAO solutions that combine RPA with artificial intelligence, natural language processing and machine learning capabilities.According to ISG research, only 14 percent of companies have reached Bot 3.0, the most mature state of enterprise automation capability, with automation in multiple functional areas and cognitive solutions in production, the report notes.The report also finds the COVID-19 pandemic drove greater adoption of FAO services.

Finance leaders worldwide have been prioritizing digital transformation agendas to modernize their finance functions.

They see automation, advanced analytics and AI as key ways to reduce costs, improve accuracy, increase workforce productivity and enhance customer experience.Companies also are seeking providers that offer vertical-specific FAO services such as actuarial accounting and claims bill payment in insurance; royalty management in media, entertainment and publishing, and revenue recovery in the airline industry, the report notes.The ISG Provider Lens™ Digital Finance and Accounting Outsourcing Services Archetype Reportexamines four different types of clients, or archetypes, that are looking for digital finance and accounting services.

The report evaluates the capabilities of 24 digital finance and accounting service providers to deliver services to these four archetypes:Transactional Services Buyers: These are typically first-generation outsourcers seeking to outsource less complex, repetitive and transactional finance functions.

AI TechPark 2021-02-15

LALAL.AI, an online AI-based audio splitter, adds the Free plan in addition to three existing creator packages.

“With the new tier, users can split three audios and download the stems on their device absolutely free of charge,” says Nikolay Pogorskiy, Lead Engineer.

To activate the package, creators are required to log in with their email address.After the update, the service is available in four tiers – Free, Lite, Professional and High Volume.

The LALAL.AI splitting service is designed for sound professionals, musicians, amateurs and music lovers.

The functionality of the Lalal.ai audio extracting tool is available online now. 

AI TechPark 2021-02-19

Mayfield Fund, Continental, Robert Bosch Venture Capital, and Existing Investors Join WRVI Capital in Financing Developer of Highest-Performing Power-Efficient Perception Processing Technologies for Autonomous VehiclesRecogni Inc., the developers of an AI vision cognition system for autonomous vehicles, today announced $48.9 million in a Series B financing round, led by WRVI Capital, a prominent global technology investor.

The proceeds will help Recogni bring its perception platform to market and expand its engineering and go-to-market teams.In addition to WRVI Capital, new investors Mayfield Fund, Continental, and Robert Bosch Venture Capital joined existing investors GreatPoint Ventures, Toyota AI Ventures, BMW i Ventures, Fluxunit – OSRAM Ventures, and DNS Capital in the current financing round.Recogni’s AI-powered vision cognition module (VCM) will address the challenges of autonomous vehicle design and deployment.

Applying innovations in artificial intelligence, application-specific integrated circuits (ASICs), and system software, the VCM will deliver groundbreaking performance at ultra-low power consumption, enabling high-resolution and high-frame-rate image processing from multiple cameras concurrently in real time.“As Silicon Valley-based deep technology investors, we understand the impact that fundamental breakthroughs in silicon architecture, embedded software, AI algorithms, and power efficiency can have on autonomous vehicle development,” said Sriram Viswanathan, Founding Managing Partner of WRVI Capital.

We are convinced their innovations have the potential to make them the leader in this market segment.”“This investment is a strong endorsement of Recogni’s vision from venture and industry leaders.

We are moving along our journey of solving the challenge of perception processing and power efficiency, by building the world’s highest-performing AI inference system at the lowest energy consumption,” said R K Anand, Recogni’s Chief Executive Officer.“As a people-first investor, it always begins with the team,” said Navin Chaddha, Managing Director, Mayfield.

“I first met R K seven years ago.

AI TechPark 2021-02-05

First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF)and a leading global provider of property and ownership data and advanced analytic solutions, announced today the launch of its AppIntelligence® Score (AI Score) fraud solution.

AI Score is a powerful new fraud pattern-recognition score that enables high-volume lenders and investors to more precisely identify the risk of fraud and early payment default on both new mortgage applications or a portfolio.AI Score, part of the division’s AppIntelligence Suite, delivers a highly accurate score that significantly reduces review volume and false positives and uses proprietary predictive modeling to paint a truer picture of where fraud and early payment default risk are likely to occur.

For example, loans with the highest AI Score, usually about 10% of total application volume, account for 50% or more of total fraud risk.

This targeting enables lenders to focus their reviews on the most at-risk loans, while streamlining loan approvals and reducing operational costs.AI Score utilizes First American Data & Analytics’ proprietary predictive fraud indices, employing both natural and artificial intelligence machine learning technologies.

It simultaneously runs proprietary sub-modelsfor risk, including synthetic identity, income, employment, early payment default (EPD), undisclosed debt and loan participant risk review.In addition, AI Score has a retro-scoring capability, so lenders can run a portfolio to identify which loans would have been flagged by the model.

AI Score produces a scale of scores from low to high risk that can be customized to the lender’s risk tolerance.

AI TechPark 2021-04-20

New Capabilities Strengthen Trust in Every Interaction Through AI-Powered Identity Verification Reinforced By Commitment to Strong Data Management PrinciplesTrust is the key ingredient to conducting digital commerce.

That framework is now in use across a number of sectors, from education to travel to healthcare.Ekata works with a wide range of global merchants, financial institutions, travel companies, marketplaces and digital currency platforms.

The company uses insights to deliver unique scores, data attributes and risk indicators that businesses then use to make more informed decisions.

They help their customers identify good consumers and businesses and bad actors in real-time during online account opening, payments and variety of other digital interactions.“The shift to a more digital world requires real solutions to secure every transaction and instill trust in every interaction,” said Ajay Bhalla, president of cyber and intelligence solutions at Mastercard.

Mastercard and Ekata’s integrated services will build on both companies’ commitments to ensure trust and the responsible use of data.“The acceleration of online transactions has thrust global digital identity verification to the forefront as one of the biggest opportunities to build digital trust and combat global fraud,” said Rob Eleveld, CEO at Ekata, Inc. “The right identity verification solutions enable inclusive and frictionless experiences while, at the same time, ensuring customer privacy, control and security.

Becoming part of the Mastercard Identity family ensures a broader, collective approach to meeting the growing demands of the digital economy.”Ekata is headquartered in Seattle, with offices in Amsterdam, Singapore and Budapest.Delivering on the Strategy, Strengthening ValueCommitment to Privacy, Responsibility – Ekata shares Mastercard’s commitment to safe and secure data practices centered around the individual, further reinforcing their value to the end user.Strong Identity Technology – Ekata has built a core set of identity verification services that helps to provide the backbone of the safety and security of everyday commerce.

AI TechPark 2021-02-18

Giatec, world leader in concrete testing technologies, has announced that their artificial intelligence (AI) algorithm, Roxi™, is now incorporated in SmartMix, a new web-based dashboard that enables producers to optimize concrete materials and predict the performance of their mixes.“The SmartMix platform has helped us communicate with our customers and provide transparency.

We can give them better insights into when our mixes will achieve a specified early-age strength to help them with their construction schedule,” says Patrick Frawley, P.E., Director of Quality Assurance, Central Concrete.With the SmartMix dashboard, producers can adjust the proportions of their concrete mixes, such as the use of chemical admixtures and amount of cement.

With millions of datapoints used to train the AI algorithm, the program’s suggestions ensure that these adjustments will meet a mix’s designed compressive strength and other performance criteria.“This means that a producer can meet concrete mix specifications set out by a project engineer, while cutting down on both material costs and CO2 emissions.

SmartMix can help address the sustainability issues in the concrete industry that are responsible for 8% of global CO2 emissions,” says Andrew Fahim, Senior Manager of R, Giatec.

SmartMix also enables producers to:Predict mix performance, such as compressive strength, workability, and air content of concrete, based on a mix’s proportions, raw material characteristics, ambient conditions, etc.Analyze and evaluate the influence of mix adjustments, such as the use of chemical admixtures or supplementary cementitious materials on concrete performance.Formulate concrete mixes at minimal costs and with a reduced carbon footprint.Meet performance specifications and prescriptive requirements set out by the project engineer, such as specified slump, strength at different ages, etc.Integrate Roxi™, SmartRock™’s AI program, with other concrete data management platforms using Giatec’s comprehensive REST API, accessing more insights into the quality control and quality assurance of concrete.With the support from Giatec’s AI Council members, Roxi’s algorithm was trained using the world’s largest and most diverse concrete performance dataset.

The program was initially built for Giatec’s award-winning SmartRock wireless concrete sensor.

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