Rajant Corporation, the pioneer of Kinetic Mesh wireless networks, along with Rajant Health Incorporated (RHI), a division of Rajant that is developing cutting-edge technology to provide health insights on-demand, will unveil its new edge AI platform during the Consumer Electronics Show (CES) in Las Vegas Venetian Meeting Center in Room Zeno 4610 on January 9^th – 12^th. Known as the Cowbell, the edge AI platform is a distributed computing hub and platform-as-a-service to streamline and simplify the delivery and management of AI applications at the edge.

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According to Muthu Chandrasekaran, Ph.D. RHI VP of Artificial Intelligence, “There has been explosive growth in the number of connected devices in recent years, and without edge computing, the amount of data generated from these devices would severely overwhelm and adversely impact most of today’s enterprise networks. Furthermore, the inflated costs and latencies introduced by the cloud render cloud-hosted AI-based low-latency decision support systems almost impossible, not to mention that the productization of AI and its maintenance is very difficult and complex. The Cowbell platform simplifies this complex problem by providing software, hardware, and networking infrastructure necessary to bring distributed cloud native computing to the edge with what we’re calling MLOps-in-a-Box. By leveraging Rajant’s patented InstaMesh networking technology, the Cowbell platform facilitates a secure, fault-tolerant, highly available distributed computing cluster over mesh, the first of its kind. Scaling the cluster is automatic when additional Cowbells are added to the deployment.”

Those visiting Rajant at CES will also be introduced to Q-Stat, a cutting-edge wearable device created to transform your work experience. The Q-stat’s flexible design strategy allows for all types of different packaging, intended to serve various markets, from people to animals. Packed with advanced sensors, including skin temperature, O₂, pulse rate and EKG, along with integrated Wi-Fi and BLE in a sleek, compact design, the Q-stat offers a seamless and enriching experience that caters to your safety and wellness needs.

Rajant Health EVP Giana Schena, Ph.D. shares, “RHI will offer demonstrations of Trovomics, a user-friendly platform designed to provide a fast, no-code solution for omics analysis, empowering researchers to easily and quickly turn their sequencing data into stunning, interactive visualizations. Trovomics has received outstanding feedback and results from academic researchers in biomedical science since its debut, and we are thrilled to bring the platform to CES to show individual users the power to investigate their own data.”

Robert Schena, CEO of Rajant and RHI, states, “What we have accomplished here is an ecosystem that includes the enterprise Edge (Cowbell), personal Edge (Q-Stat), and analytics (Trovomics). This ecosystem is called Angelverse because we at Rajant believe that people should own and control their own data locally, choosing where, when, and who they wish to share it with. This ecosystem fully integrates Rajant’s industry-leading Kinetic Mesh and the Reios IoT suite of solutions offered by Rajant Italia SRL.”

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Rajant EVP of Sales and Marketing Geoff Smith adds, “The Cowbell and Q-Stat unveiled at CES will be featured as fully integrated solutions with the Rajant Kinetic Mesh family of wireless networking BreadCrumb solutions and Kinetic Mesh-enabled Reios IoT platform, which provides comprehensive automated operational intelligence anywhere, which is fast and easy to deploy. Reios brings intelligent insights to all facets of an operation through various devices that support the platform’s different applications – Smart Lighting, sTrack, IoT BMS, sDesk, and Smart Picking.

More on Cowbell:

Housed in a rugged industrial-grade IP-rated enclosure, the Cowbell is a versatile platform perfect for indoor and outdoor use. It constitutes a powerful multi-core CPU and GPU with a plethora of wired (Serial, Ethernet) and wireless (Bluetooth, Wi-Fi, LoRa, Rajant Kinetic Mesh) connectivity interfaces and high-speed storage enabling ingestion, hardware-accelerated processing, and network-resilient transfer of multi-modal data from disparate sensors and peripherals. Applications deployed on the Cowbell can leverage the platform’s microservices-based software architecture and foundational services to serve custom machine learning models and facilitate dynamically configurable data pipelines. This state-of-the-art solution provides all the necessary data APIs to bring customers’ own (containerized or non-containerized) applications into the platform. It automates their deployment and orchestration to ensure availability. Rajant’s Kinetic Mesh ensures secure network transport and complete network isolation when needed. The Cowbell offers an integrated centralized cluster and applications management plane with a simple user interface, providing a seamless cluster provisioning, management, and application deployment experience. Secure remote access is enabled by a lightweight zero-trust VPN solution. Take advantage of the application-level logs, cluster- and node-level resource consumption metrics, and other dashboards for full observability of the health of the cluster and applications.

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[To share your insights with us, please write to sghosh@martechseries.com]

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• The anticipated acquisition aligns to GE HealthCare’s precision care strategy with the goal of strengthening the company’s digital solutions across care pathways

• MIM Software provides AI-enabled image analysis and workflow tools across multiple care areas, including oncology, urology, neurology, and cardiology

• Today’s agreement reinforces GE HealthCare’s commitment to integrate medical imaging products in order to deliver more precise, connected and efficient care across disease states

GE HealthCare announced it has entered into an agreement to acquire MIM Software, a global provider of medical imaging analysis and artificial intelligence (AI) solutions for the practice of radiation oncology, molecular radiotherapy, diagnostic imaging, and urology at imaging centers, hospitals, specialty clinics, and research organizations worldwide. GE HealthCare expects to leverage MIM Software’s imaging analytics and digital workflow capabilities across various care areas to accelerate innovation and differentiate its solutions for the benefit of patients and healthcare systems around the world.

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“We are excited by the prospect of joining GE HealthCare and thrilled to share this exciting news”

Recognizing the industry transformation taking place as digital innovation reshapes the experience of patients and providers, GE HealthCare – a leading global medical technology, pharmaceutical diagnostics, and digital innovator – is focused on developing smart devices, aligned to disease states and enabled by digital. These efforts are reflected in the company’s mission to make hospitals more efficient, clinicians more effective, therapies more precise, and patients healthier and happier.

MIM Software’s portfolio of innovative imaging solutions provides a variety of beneficial features, including: the integration of diagnostic images from multiple modalities into treatment plans; automation to help reduce repetitive tasks and manual interventions; quantitation and advanced processing in diagnostic imaging and nuclear medicine to help determine therapy response; and a platform to assist with Theranostics imaging and dosimetry.

GE HealthCare expects to integrate MIM Software solutions into its advanced visualization offerings to facilitate AI-based segmentation and contouring as well as dosimetry analysis for patients across their treatment journeys and in the growing fields of radiology, molecular imaging, and radiation oncology.

“We are committed to providing comprehensive, connected devices and digital solutions that enable providers to improve patient care across multiple specialties,” says Peter Arduini, President & CEO of GE HealthCare. “We expect our efforts to bring these two complementary organizations and innovative product portfolios together to strengthen our capabilities as a leading provider of integrated imaging systems, analytics, and advanced digital workflows across several care areas and pathways – including Theranostics, radiation oncology, urology, neurology and cardiology. Now and in the future, we are working to transform patient care.”

“We are excited by the prospect of joining GE HealthCare and thrilled to share this exciting news,” adds Andrew Nelson, CEO of MIM Software. “Over the past two decades, we have worked to develop innovative vendor agnostic products and deliver quality services to earn the trust of our customers – this will not change. As a part of GE HealthCare, we anticipate developing new and increasingly integrated digital solutions to meet our customers’ most complex and pressing needs, today and into the future. Together, we will build upon our shared legacies of enhancing patient care.”

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As novel therapies become more widely available, providers rely on advanced imaging, workflow and digital solutions to provide critical information and help enable faster, more effective treatment plans. With the agreement to acquire MIM Software, GE HealthCare is working towards strengthening its focus and offerings to support the broad practice of precision care across various disease states and imaging practices, including Theranostics in oncology for the treatment of advanced prostate cancer, streamlined workflow solutions in radiation oncology to help simplify complex cancer treatment plans, beta amyloid imaging in neurology for the diagnosis and monitoring of Alzheimer’s patients, and myocardial perfusion to diagnose coronary artery disease (CAD).

“Our anticipated acquisition of MIM Software will mark a key moment in the evolution of our technology. By integrating MIM Software’s cutting-edge imaging analytics and AI-driven solutions with GE HealthCare’s advanced medical technology, we are not just expanding our capabilities, but joining together to embrace the possibilities of precision care. This intended merger is a fusion of innovative visions, aimed at evolving the way we detect, treat, and manage disease,” shares Taha Kass-Hout, MD, MS, Chief Technology Officer of GE HealthCare. “GE HealthCare is committed to developing smart, AI-powered devices that cater to specific disease states, thereby enabling clinicians to deliver more personalized care. We expect the integration of MIM Software will also advance our efforts in connecting data across care pathways. It is a leap towards a future where healthcare is more precise, connected, and efficient, with the goal of benefitting providers and patients worldwide.”

Founded in 2003, MIM Software is headquartered in Cleveland, Ohio, with additional offices in China and Belgium. The consummation of the transaction is subject to customary closing conditions, including regulatory approvals. Financial details of the transaction have not been disclosed publicly. GE HealthCare intends to fund this transaction with cash on hand. The Company expects this transaction to be neutral to Adjusted EBITⁱ in year one and accretive thereafter.

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The Gemini 2 XL is made for AI-based vision developers looking for an affordable, wide FOV RGB-D PoE camera with high-performance over a long range and varied lighting condition

Orbbec, an industry leader dedicated to 3D vision systems, announced the launch of the Gemini 2 XL at this year’s Consumer Electronics Show (CES). Ideal as the primary visual system for a variety of robots and numerous AI-based video analytics and interaction systems, the Gemini 2 XL is a long-range, 3D camera that delivers accurate and reliable data in various lighting conditions from pitch black to outdoors.

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Orbbec’s mission is to make 3D vision accessible and the Gemini 2 XL will enable robot designers to access premium visual information at a fraction of the cost of current solutions.

The newly released camera unit is easy to set up and operate with the Orbbec SDK and features:

• Superior RGB-D Quality: Providing data suitable for a wide range of demanding AI-driven recognition and tracking applications that require detection of small objects and while excelling in high-reflectivity environments. The deeplearning algorithms can generate a complete phase map around small objects and fixtures by overcoming challenges faced by traditional algorithms due to shadow, speckle pattern size, illumination condition, etc.
• Minimal Environmental Light Impact: Offers exceptional performance in various lighting conditions, including direct sunlight and outdoor environments. Conventional algorithms struggle to calculate depth/phase in environmental conditions with highly reflective surfaces, direct sunlight, low visibility, sharp shape-cased shadows, small texture-caused shadow, etc. to calculate the depth/phase which results in a spotted image with missing depth areas. Orbbec’s AI algorithms create a solid complete phase map output even under these challenging conditions.
• No Need for Costly Vision Processors: While similar cameras in the market are either very expensive or require costly external computing power, the high-performance Gemini 2 XL provides engineers with a cost-efficient, high-accuracy option.

“We are excited to demonstrate the superior capabilities of Gemini 2 XL at this year’s Consumer Electronics Show,” said David Chen, Co-Founder and Head of Products at Orbbec. “As Orbbec’s learning library continues to expand, the camera’s capabilities will continue to improve, broadening their applicability in robotics and AI-based vision solutions.”

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ODM services: Smarter automation needs intelligent robots with reliable, yet affordable depth perception. Orbbec is dedicated to 3D vision and customers interested in custom solutions to meet their specific application needs can leverage Orbbec’s expertise in R&D, in-house manufacturing and supply chain.

• With the NVIDIA Jetson platform: The Gemini 2 XL, when paired directly with the powerful NVIDIA Jetson Orin system-on-modules instead of the OBox, allows for additional image processing resulting in further improvement in the depth frame rate, accuracy, and scene versatility. This optimized deeplearning pipeline and camera calibration service will be offered only as part of Orbbec’s ODM package.
• Customizable, Scene-Specific Algorithms: Support for customization of the AI depth output and the ability for customers to re-train the model with their own data sets to achieve better performance under their specific application environment will be available only through Orbbec’s ODM services engagement.

Robotics developers, enthusiasts and media interested in checking out the Gemini 2 XL are invited to come by Orbbec’s CES booth at the Las Vegas Convention and World Trade Center (LVCC), North Hall, 9745.

Read: State Of AI In 2024 In The Top 5 Industries

[To share your insights with us, please write to sghosh@martechseries.com]

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Logiwa Inc., a leading cloud based Fulfillment Management System (FMS) for high-volume fulfillment businesses, is excited to announce the launch of its innovative product update, Logiwa IO. This advanced Fulfillment Management System (FMS) is poised to redefine efficiency and effectiveness in high-volume fulfillment, adapting adeptly to the dynamic demands of the digital marketplace.

Logiwa IO represents a pioneering shift in the world of fulfillment management, transcending traditional Warehouse Management Systems (WMS) limits. Specially tailored for modern fulfillment challenges, Logiwa IO stands as a testament to Logiwa’s mission, “Fulfill Brilliantly.” It heralds a new era of innovative solutions tailored to evolving market dynamics and consumer preferences.

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The standout feature of this update is its revolutionary architecture – headless, versionless, and serverless – setting a new benchmark in flexibility and customization. This architectural innovation ensures that operations are not only future-proofed but also optimally adaptable to fluctuating business needs. The serverless framework enhances system reliability, streamlines maintenance, and boosts overall resilience. Accompanied by a partner-centric marketplace, Logiwa IO empowers businesses to customize solutions to their unique operational workflows.

“Logiwa IO is more than just an advancement in fulfillment technology; it’s a transformative force reshaping the fulfillment landscape,” said Erhan Musaoglu, Founder & CEO of Logiwa. “Our dedication to AI-driven, user-centric solutions ensures businesses excel in the rapidly evolving market. This release is more than innovation; it’s the culmination of a decade of learning, delivering dynamic and efficient fulfillment processes tailored to industry needs.”

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Logiwa IO’s rapid deployment design ensures immediate, impactful results, crucial in fast-paced commercial environment. Its advanced automation minimizes manual intervention, thereby streamlining operations, reducing errors, and maintaining high efficiency and adaptability, crucial for challenging workforce environments.

[To share your insights with us, please write to sghosh@martechseries.com]

The post Logiwa IO: Revolutionizing Fulfillment Management with AI-driven Innovation appeared first on AiThority.

The impact of AI is unmistakable in every swipe on our smartphones and every click on our laptops, subtly shaping our digital interactions. It recommends articles, directs investments and refines our travel routes. This extends beyond mere personal benefits — AI is poised to significantly drive the global economy forward, with GenAI potentially boosting it by an impressive $13 trillion. This compelling economic benefit is a clear call to businesses: evolve with AI or risk falling behind.

Already, more than half of global companies are heeding this call, ready to amplify their investments to harness AI’s full economic potential.

Obstacles Mark the Path to AI-First Status

However, being an AI-first company takes a lot more than just updating software or getting the latest solutions; it takes a complete transformation of how businesses function, where we put the right focus, how we use technology, and the scale at which we innovate and operate.

Enterprises eager to integrate AI into their operations might first meet several critical speed bumps.

Endless Disruption:

AI is constantly evolving, accelerating transformations across sectors. Take banking, for instance. Its future is veering towards being a deeply personalized, intelligent, and omnichannel experience.

Imagine this: Sam, a working professional, seeks health insurance through her bank. Instead of the usual rate assessment, she receives a 2% discount on her premium, a perk dynamically calculated from her gym attendance and sleep quality. All this is streamlined by GenAI, slashing operational costs while delivering a hyper-personalized omnichannel experience.

Banks that harness AI and rapidly constantly evolve with it will be on track for exceptional growth.

On the other hand, those unable to keep pace stand to lose out significantly. The message is clear: AI is consistently transforming industries. Matching AI’s pace ensures robust growth and augmented shareholder value. Failing to do so, however, risks stagnation. The performance gap AI widens is undeniable.

SuboptimalTech Investments: 

When it comes to tech investments, it’s easy to get caught up in the latest and supposedly greatest, but that’s leading many companies down a costly path. Take this bank in North America as an example: they built a web of over 1,000 systems that are costing them $2 billion in ‘technical debt’ – the price we pay later for quick fixes made in a rush. This technical debt represents not just a financial strain but a significant obstacle to achieving a complete digital transformation.

A study indicates HR professionals navigate between three to six applications to complete a single task, a clear symptom of tool redundancy. Not only is the quantity of tools overwhelming, but the quality also leaves much to be desired, with reports of user-unfriendly interfaces and inconsistent performance.

The underlying issue is a misalignment of technology and business strategies. When we rush into new tech investments without a game plan that’s aligned with our larger business goals, we end up with a mishmash of old and new systems. It’s like trying to fit pieces from different puzzles together—impossible and expensive.

To avoid this, we need to think of digital transformation not as buying the latest tech but as a strategic rethinking that involves the whole company. It’s about choosing tools that integrate smoothly, keep our data in one piece, and make sure we are agile and can adapt as needed. That’s the kind of strategic thinking that will put us ahead and keep us there.

Pilots that don’t scale:

Pilot projects are popping up in boardrooms, each promising to be the next big thing in business transformation. But numbers show that despite the initial enthusiasm, a significant 70% fail to scale across the enterprise. Financial restrictions, operational complexities, and resistance to change clip the wings of widespread digital adoption.

These challenges mean that while certain areas of a business might enjoy the benefits of digital innovation, the impact doesn’t extend across the entire operation to user experiences.

This isn’t just about missing out on a few opportunities for improvement. It’s about the bigger picture: staying competitive. As digital initiatives fail in scaling up, businesses leave gaps for more tech-savvy disruptors to leap ahead. In short, we’re witnessing the paradox of progress: abundant technological advancements, yet a struggle to harness them for transformative change.

The great wall of Silos:

Take Sam’s case, where her dedication to fitness nets her a customized discount on health insurance, showcasing the power of AI to forge partnerships across banking, insurance, and health tech. This is the benchmark for an AI-first company: hyper-personalization at its finest.

However, what’s striking is that while this kind of inter-industry connectedness is the goal, many companies are struggling to achieve this seamless integration within their own walls. Silos are stifling the flow of information between people, processes, data, and tech, costing up to 30% of potential revenues and hindering the kind of integration essential for AI to thrive.

If Sam’s health data doesn’t speak to her financial profile, the opportunity for customized service vanishes. In this disconnect, the aspiration to be AI-first becomes unattainable. Breaking down these silos is an operational adjustment and a strategic imperative to unlock AI’s transformative promise.

These obstacles teach us an important lesson. Companies must ensure that their technology investments are not just new but right — right for their people, processes, and long-term strategic vision. Only then can they unlock the full potential of digital transformation and avoid the pitfalls that have ensnared many in a costly cycle of technical debt, unscalable pilots, and an overall disconnect in the enterprise.

Breaking Ground for a Customer-Focused, Automated, Data-Driven Future

Imagine a business landscape that not only adapts to market fluctuations but also forecasts them with pinpoint accuracy. This is the hallmark of AI-first enterprises.

Consider a leading supply chain organization that seamlessly predicts disruptions, adjusts its routes, and changes its course in real-time with the help of connected data systems, analytics, and AI.

How is this foresight achieved?

Their strategy is anchored in a customer-first or business-first philosophy. For them, transformation transcends digital—it’s about refining the entire user journey, enhancing it with technology, not being led by it. They place a premium on creating value through ecosystem partnerships and prioritizing human connections, tapping into contextual intelligence to guide their transformation efforts.

These organizations are steering towards a “hands off the wheel” future, where human ingenuity is the architect and sophisticated systems are the operatives.

Rather than focusing on cost reduction alone, they harness technology to amplify human capabilities. They aim for a high level of straight-through processing across essential customer journeys and business processes. By taking this approach, they don’t merely retrofit new technology into old systems. They design their processes with digital DNA from the outset.

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This strategic overhaul extends across all business divisions. In our supply chain scenario, it’s the convergence of logistics, inventory management, and customer service into a unified digital framework. Every department enriches the AI system, making decision-making processes not just quicker but also more intelligent and crafting a customer experience that is proactively engaging.

Does this mean an overhaul at the expense of existing investments?

Not at all. These businesses adopt a measured approach to reshaping their operating model. They strategically scale AI throughout their organization, taking a platform approach that connects all business operations, making digital engagement intrinsic to their identity.

[To share your insights with us, please write to sghosh@martechseries.com]

The post AI and the Future of Business: Overcoming Obstacles to Unlock a Trillion-Dollar Revolution appeared first on AiThority.

MulticoreWare Inc and Imagination Technologies announce that they have enabled GPU compute on the Texas Instruments TDA4VM processor, unleashing around 50 GFLOPS of extra compute and demonstrating a massive improvement in the performance of common workloads used for autonomous driving and advanced driver assistance systems (ADAS).

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The collaboration has achieved over 100x performance gains when running a stereo block matching (StereoBM) algorithm on the GPU rather than on the CPU on a high resolution (3200×2000) image. This enables automotive customers to use IMG BXS GPUs with OpenCL to achieve maximum performance per watt on TDA4 SoCs for sensor processing workloads (camera, radar, and lidar) augmenting other compute accelerators existing in the platform.

Vish Rajalingam, VP & GM, Mobility & Transportation BU, MulticoreWare, said, “The automotive software revolution is driving the need for seamless intelligent features on low-power SoCs. Our experience with OpenCL and Edge AI across all major AI accelerators, GPUs, and SoCs unlocks incredible possibilities for the future of mobility. We’re thrilled to partner with Imagination and their customers to collaboratively transform this exciting landscape.”

MulticoreWare optimized the StereoBM algorithm to leverage GPU cores efficiently. The IMG BXS-4-64 GPU intrinsics and adaptive memory handling helped achieve optimal performance on higher resolution camera data.

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Jake Kochnowicz, VP of Product Management, Imagination, said, “The graphics processor can do so much more in a car than its traditional job of rendering pixels on the displays. It is also a flexible, programmable, and high-performance option for supporting a vehicle’s ADAS workloads.  In a world where hardware is agreed very early in the lifecycle of a software-defined vehicle, GPUs are becoming a key differentiator that can unlock new functionality with a user-friendly software environment, just as this partnership with MulticoreWare has demonstrated.”

MulticoreWare delivers software IP Solutions and Engineering Services serving a wide group of customers with Compilers & Toolchains, Libraries for SDK, Video codec and AI analytics solutions using various vision & non-vision sensors on various Heterogeneous Computing Platforms.

Read: State Of AI In 2024 In The Top 5 Industries

 [To share your insights with us, please write to sghosh@martechseries.com] 

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Kinetic Group, Inc. Finalizes Acquisition of Binnops US Technologies Inc.- A Leading AI Company Providing Digital Transformation Solutions to Enterprises

Increasing Enterprises’ Margins by Making Physical Assets and Processes Smarter, More Productive, More Efficient  

Kinetic Group has acquired 100% of US based BINNOPS US TECHNOLOGIES INC in an all stock transaction. Binnops is a leading provider of profitable artificial intelligence software solutions to enterprises in the energy, manufacturing, transportation, aeronautical, retail and government sectors.

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The acquisition positions KNIT as a leading provider of Digital Twins, Smart Assets, AI predictive analytics and Metaverse engagement to enterprises and retail clients.  Delivering transformative digital technologies since 2016, Binnops has provided customizable solutions to leading Fortune 500 companies, across the globe, with lifetime contract revenue of over six million dollars. As a result, KNIT acquires a robust portfolio of clients, spanning the globe, and a pipeline of business opportunities. With expected sales of US$5.1M and EBITDA of US$2.8M, in the first year after the acquisition, Binnops’ smart asset solutions drive real digital transformation solutions that enhance an enterprises’ margins by increasing efficiency and productivity and managing risk through predictive analytics.  KNIT can go beyond the hype and deliver real results.

Ana María Méndez, Founder and Chairwoman of KNIT said “We recognize the need for enterprises to embark on their digital transformation journey and with this acquisition KNIT is the perfect partner to go on this journey. We also recognize the outstanding management team that has taken Binnops this far and are certain that the acquisition will only enhance the team’s capabilities.” We are committed to KNIT’s expansion and increasing its market share in the AI space. We also expect to uplist to the OTCQB market in the near term”.

KNIT hired CIM Securities LLC as lead placement agent in a $3 million raise structured as an 8% PIK Dividend Series A Convertible Participating Preferred.  The preferred offers a 1.5x liquidation preference and is priced at $1.00 per preferred share. Use of funds is to promote international sales and rollout a subscription-based revenue model.

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CIM Securities is an investment banking and venture capital firm for growing middle market companies. CIM Securities is headquartered in Centenial, Colorado.

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or profitability based upon many factors including but not limited to general stock market conditions. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new service lines noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

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 [To share your insights with us, please write to sghosh@martechseries.com] 

The post Kinetic Group Acquires Binnops Us Technologies An AI Company Providing Enterprise Solutions appeared first on AiThority.

To further empower businesses and tech professionals in the new era of work, Clapself, a leading AI-powered talent platform announced the launch of its AI Professionals service. Available immediately, this groundbreaking offering by Clapself provides businesses across industries swift access to exceptional AI talent.

Artificial Intelligence is fast transforming industries. As per a PwC report, 70% of businesses are involved with AI in some way. “Securing specialized talent is critical for businesses to thrive. Acknowledging this growing demand, Clapself proudly introduces its AI Talent services—an exclusive gateway to a pool of top-tier, pre-vetted AI tech professionals,” said Bryan Verduzco, Co-founder and Chief Growth Officer of Clapself.

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Key Features of Clapself AI Talent Service:

1. Rapid Deployment: A pre-vetted pool of AI talent ready for immediate deployment.
2. Specialized Expertise: Experts in Machine Learning, Natural Language Processing, Computer Vision, and other specialized domains.
3. Cost-Efficiency: Need based deployment, without the overheads of permanent hires.
4. Speed to Market: Accelerated development and reduced time-to-market for AI-powered offerings.
5. Custom: Flexibility to scale up or down based on project requirements.

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According to MarketsandMarkets, the global Artificial Intelligence market is expected to grow at a CAGR of 36.8% to reach USD 1.3T by 2030 from USD 150.2B in 2023. As more organizations are recognizing the transformative potential of AI/ML to improve operational efficiency, enhance customer experiences, and drive innovation, the demand for AI skills such as Machine Learning, Natural Language Processing, Computer Vision, and Predictive Analytics has reached unprecedented levels.

“Clapself uses AI to connect customers with the top talent, for meeting project specific needs,” said Ramna Sharma, Founder and President of Clapself.

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Dave Sanders, Chief Mentor at Clapself acknowledged the increased demand for the unique AI skillset. “Clapself is well poised to lead the effort to identify and connect with some of the leading experts in this field, providing their clients a competitive advantage to access these limited resources,

[To share your insights with us, please write to sghosh@martechseries.com]

The post Clapself, an AI-Powered Talent Platform, Unveils Its Latest Offering: The AI Professionals Service appeared first on AiThority.

Effective communication is at the heart of any successful business. Brands that can quickly get a pulse on consumer desires and needs and implement strategies to meet them often beat out the competition in gaining consumer trust and turning prospects into brand loyalists. With these goals in mind, Maileroo, a leading-edge transactional email delivery platform, has launched its revolutionary platform that makes timely and reliable email communication easier for brands sending transactional emails, thus improving customer satisfaction and brand perceptions.

One of most effective forms of business-to-consumer communication is email. And when brands spend millions of dollars annually on email campaigns, they want to know if those marketing efforts are effective. But once an email is sent, it can be difficult to know if it has reached its destination quickly–or at all.

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Maileroo seeks to solve many challenges businesses face with transactional email campaigns with its tech-forward email solution. When it comes to transactional emails, such as sales confirmations or password resets, consumers expect fast communication. Maileroo’s industry-disrupting technology ensures not only that emails get to their destination through an intuitive email verification process but also that they get there blazingly fast—surpassing consumer expectations.

In addition to faster email delivery times, Maileroo’s solution also has real-time tracking capabilities so businesses know the immediate impact of their campaigns and can troubleshoot quickly in the event of any issues. Using real-time data, businesses can respond quickly and make changes to their campaigns to ensure they are more effective and in tune with consumer needs.

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Maileroo is designed for businesses of all sizes, empowering them to improve their transactional email campaigns. The robust email solution is also powerful enough to handle high-volume campaigns with dedicated IP options to enhance email-sending capabilities. And with Maileroo’s simple setup process, solopreneurs or large corporations can easily integrate Maileroo’s SMTP Service or HTTP Email API into their existing systems without needing highly trained IT specialists.

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“Transactional email marketing is an essential part of any brand’s growth as they seek to engage with audiences and drive one-to-one communication experiences,” said Areeb Majeed, Maileroo CEO. “And with  consumers expecting quick, personalized email experiences, even in transactional emails, it’s essential to measure the effectiveness of those campaigns. Maileroo’s leading-edge email solution drives better transactional campaigns with lightning-fast delivery speed, email verification for cleaner mailing lists, and robust analytics that help businesses make smarter decisions and maximize their email marketing dollars. And with multiple pricing tiers based on email volume, there’s an affordable solution for businesses of every size.”

[To share your insights with us, please write to sghosh@martechseries.com]

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Company continues momentum with accolades for fast deployment time, intuitive experiences for non-finance users, and continued AI innovations

Planful Inc., the pioneer of financial performance management cloud software, announced that the company earned strong recognition from leading analyst firms Gartner® and Forrester® in their recently released reports covering financial planning, close and consolidations, and digital operations planning and analytics software categories.

“For many years Planful has repeatedly been recognized by the analyst community as one of the very best financial performance management vendors in the world, and these latest reports mirror our ongoing commitment to our customers and product innovation,” said Grant Halloran, Planful Chief Executive Officer. “As our customers run increasingly complex use cases with massive data volumes, our exceptional team continues to drive our platform forward. We’re on a mission to help these companies achieve peak performance, regardless of their operating conditions, by making financial performance a company-wide, collaborative, low-friction experience. Planful is extremely well-positioned as we look toward 2024 and we are excited for the next wave of innovations we are bringing to market.”

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Planful was recognized in two Gartner Magic Quadrant™ reports and a Forrester Wave™ report, including:

• Named the only Visionary vendor in the Gartner Magic Quadrant™ for Financial Planning Software¹, Gartner highlighted Planful’s Budget Manager Experience, which provides non-finance business users with easy access to financial information, customized to their department, and Planful’s comprehensive customer experience throughout the implementation and support processes. Gartner also mentioned upcoming AI and ML features and the ability for customers to add customized algorithms.
• Recognized as a Challenger in the Gartner Magic Quadrant™ for Financial Close and Consolidations Solutions², with specific strengths in innovation, AI, and data integration, and one of the fastest deployment timelines. Planful’s implementation methodology, scalability, flexibility, and broad international currency support were also noted.
• Included as a Strong Performer in The Forrester Wave™: Digital Operations Planning And Analytics³, with attention focused on the company’s domain and market expansion, broad planning capabilities, and nimbleness in the market. Forrester also pointed to Planful’s purpose-built planning applications that can jump-start key planning journeys for customers, and its continued investments in AI.

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This recognition comes on the heels of continued momentum for Planful. The company recently announced a record combination of revenue and profit growth in the first half of 2023, as customers expand their use of the Planful platform to remove friction in their financial planning processes and create a single source of truth as they scale.

ProMach is a family of best-in-class packaging and processing solutions that serves manufacturers of all sizes, geographies, and industries. It’s been named to the Inc. 5000 Fastest-Growing Private Companies list nine times and continues to expand into new markets with frequent acquisitions. “Consolidations were critical, to be able to roll all those up and have one source of truth as we add new companies,” said Robby LeBourveau, Director of Finance at ProMach. “We make acquisitions fairly regularly, and being able to seamlessly bring a new company into our structure without a whole bunch of Excel rework or pain has been critical to success. When you’re using Planful, it’s inherently more reliable, more accurate, and it will take you less time.”

Gartner Disclaimer

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[To share your insights with us, please write to sghosh@martechseries.com]

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