GLOBAL TECH ICON STEVE WOZNIAK BECOMES THE CO-FOUNDER OF EQUI GLOBAL

Apple Computer co-founder Steve Wozniak today announced that he has become the co-founder of EQUI Global, the venture capital tech innovator.

Steve Wozniak has joined forces with EQUI founder Doug Barrowman and EQUI co-founder Baroness Michelle Mone OBE.

steve
Co-founder of EQUI Global Steve Wozniak

EQUI Global presents a unique opportunity to disrupt the venture capital industry – one that is considered to be extremely traditional.

It is a technology focused venture capital fund which combines the conventional principles of investing with a blockchain ‘back end’ that allows value to be realised and then traded in the open market through the EquiToken.

As co-founder of EQUI Global Steve Wozniak will head up technology investments and help find the tech stars of tomorrow. Woz will then bring them to the table and the board of serial entrepreneurs will mentor and coach them with world class expertise and guidance.

The EQUI fund is both open-ended and liquid, allowing investors the opportunity to sell their EquiTokens on external cryptocurrency exchanges at a time of their choosing.

 While being aimed at sophisticated investors, the new, powerful investment movement that’s being created allows people to become involved in a ‘non-institutional’ way.

The key thing is that investors can buy into the Fund and then trade out through the liquidity created by the EquiToken because the token infrastructure is built using the Ethereum platform.

It’s a potential game-changer in the venture capital industry and a model that many others are expected to follow.

Baroness Michelle Mone OBE and Steve Wozniak
Baroness Michelle Mone OBE and Steve Wozniak

Up to 80 per cent of investment by EQUI will be in technology companies with the balance of 20 per cent being in non-tech assets, such as real estate and investment collectibles such as art and vintage cars.

Steve Wozniak, co-founder of EQUI Global said, “I get ideas pitched to me every single day in fact dozens and I always say no. Since I co-founded Apple with Steve Jobs, this is about the second time in twenty years that I actually said yes, I want to be a part of this. It has to be something I really believe in and I really believe in EQUI.”

Steve Wozniak continued, “There are so many great ideas because I sit down and think, ‘what could I think of doing?’ And it’s usually based upon ‘what do we have today in our life and how could we modify it, make it a little better or radically change it?’ and I don’t come up with many answers. But then I run it at other people and almost everybody has one answer for one thing that I think ‘woah, I never would have thought of that’ so it’s out there in the technology field. Not only that, technology really enhances every other business there is. Construction businesses are totally enhanced. Even things like restaurants are totally enhanced by the technology we create. It takes people who have ideas, but not just ideas, not ideas in their head, not ideas that are spoken, not ideas just on paper, they actually do work and create things. I know that we have something very special with EQUI. I’ve since enjoyed giving my feedback to the technical side of the initiative and will very much be an actively involved proud co-founder.”

Steve Wozniak continued, “I am very pleased that my business partners are the respected Michelle and Doug.  They are both very determined people who have both achieved what few people can do”.

Woz went on to say, “In the case of Michelle she has succeeded well against the odds, she started her own business at just 24 and turned it into a global brand of huge stature which she sold 4 years ago. Michelle has also invested wisely in the tech space and understands the significance of blockchain technology and how it will radically change business. She has multiple business interests and is one of the UK’s most successful female entrepreneurs. Her creativity and drive is brilliant for business because she brings diversity to the table. HM The Queen of The United Kingdom has even recognised her achievements.”

Woz continues, “Doug is a highly accomplished businessman and is also a problem-solver, thanks to his highly attuned analytical skills.  An accountant by trade, he set up his own corporate finance practice in the early 90’s. By the mid 90’s he was successfully buying and investing in his own portfolio of companies. Last year Doug successfully launched the world’s first large-scale property development, available for sale in Bitcoin. I greatly admire Michelle and Doug for their huge accomplishments.”

Doug Barrowman, Lady Michelle Mone OBE and Steve Wozniak
Doug Barrowman, Lady Michelle Mone OBE and Steve Wozniak

Steve Wozniak describes what he plans on bringing to EQUI. “We are the teachers and I believe in that so strongly because, Apple was strongly mentored. The enjoyment we had, the passion, starting the company, the excitement, it’s the most exciting thing. I like to see it happen for others and just to be a part of being able to help make it happen for a lot of others out there is going to be a big deal for me. I think I have an important role and I can help a lot.”

The team has an exceptional investment track record behind them and will be able to attract the budding start-up stars of tomorrow (not just start-ups) on a growth trajectory – the new Apples and Facebooks of the world – before they become famous.

Businessman and philanthropist Doug Barrowman, founder of EQUI Global has achieved considerable success for over 30 years in the venture capital industry. Doug is absolutely delighted that Woz has decided to become the co-founder of EQUI.

Entrepreneur and Global speaker Lady Mone OBE, co-founder of EQUI said “Woz has always been my business icon and it’s a dream come true to be working with him at EQUI”.

Steve Wozniak concludes, “We’ve already got over 20 businesses that we are looking at and we haven’t even officially launched yet.  It’s going to be very exciting. Ultimately, our mission is to seek, support and fund the blockchain and tech stars of tomorrow.

“EQUI Global is a game-changer”.

Ends

 Editor’s note:  Please be aware that all EQUI images and EQUI videos are the copyright of EQUI Global, so it is essential to credit www.equiglobal.com each time an image or video is published, in order not to breach copyright.

For high resolution images and videos, please contact us via email at press@equiglobal.com.

For further information please visit www.equiglobal.com

 

Mavenlink Continues Award Winning Streak With Four Honors Based on Customer Reviews

Mavenlink Continues Award Winning Streak With Four Honors Based on Customer Reviews

Mavenlink, the leading provider of cloud-based software for the modern services organization, today announced that it has been recognized with four different customer-influenced awards, including recognition as a Leader in G2 Crowd’s Best Project Management Software grid, as well as its Best Professional Services Automation Software (PSA) grid for Fall 2018. Mavenlink was also named a FrontRunner for Project Management software by Software Advice for September 2018 and named a 2018 Customer Experience award winnerby Software Reviews.

“Being recognized with these awards is a true honor because they reflect the actual experience and sentiment of our customers,” said Ray Grainger, Chief Executive Officer and co-founder of Mavenlink. “Their feedback is critical to us in order to continue to improve and deliver the best user experience possible as we strive to help services organizations bring their teams together, improve planning and delivery execution, and elevate their financial performance. We are proud that our customers are getting great value from Mavenlink and continue to give our platform top marks in these vital areas.”

Customer Reviews Position Mavenlink as a Leader in Project Management Software and PSA
G2 Crowd, the world’s leading business software and services review platform determines the leaders of their Best PSA Software grid and Best Project Management Software grid in part through customer satisfaction ratings, company scale, and market share. Mavenlink has appeared on both grids for three consecutive quarters, the only company with that distinction.

“Mavenlink has been identified as a Leader in our Fall 2018 Grid Reports for Project Management and Professional Services Automation based on large market presence and users’ high levels of customer satisfaction with the product,” said Michael Fauscette, Chief Research Officer, G2 Crowd. “Mavenlink’s satisfaction ratings were highlighted by Ease of Use, Quality of Support, and Ease of Admin each scoring higher than the category average. Additionally, 95 percent of reviewers rated the product four out of five stars or better in the Project Management and PSA categories.”

Another review-based honor, Mavenlink has been named a FrontRunner for Project Management software by Gartner-owned Software Advice, September 2018. To create its report, Software Advice evaluated more than 280 Project Management products, and those with the top scores for Usability and User Recommendation were included as FrontRunners.

Mavenlink Also Honored for Top Customer Experience
Additionally, Mavenlink has been named a Customer Experience award winner by Software Reviews in its Project Portfolio Management category. The company was one of only three in the category recognized for Customer Experience, and was also named a leader in Analytics and Reporting, Lifecycle Management, Project Management, Risk Analysis and Timesheet Management.

To learn more about Mavenlink, visit www.mavenlink.com.

About Mavenlink
Mavenlink is the modern software platform for professional and marketing services organizations. It is the only solution that helps services firms establish an operational system of record that facilitates their business lifecycle, including key capabilities like resource management, project management, collaboration, project accounting, and Business Intelligence. Services organizations in more than 100 countries are improving operational execution, increasing agility, and driving improved financial performance with Mavenlink. Mavenlink was recently named one of the fastest growing companies in North America by Deloitte, is the only solution to be listed as a Leader in both G2 Crowd’s Best Professional Services Automation and Best Project Management Software grids, and has been recognized as a Glassdoor Best Place to Work. Learn more at www.mavenlink.com.

SOURCE Mavenlink

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RiskRecon Announces Several Key Corporate Hires and Company Expansion

RiskRecon Announces Several Key Corporate Hires and Company Expansion

On the heels of its recent $25 million Series B funding, led by Accel, RiskRecon today announced two key hires: Kim Ann King, who will serve as Vice President of Marketing, and Jon Whitlock, who will serve as Director of Partner Programs. RiskRecon has also opened a second office in Utah to accommodate the company’s growing operations, development, and marketing staff.

“Mitigating third-party cyber risk is one of the fastest growing segments in today’s technology landscape,” said Kelly White, CEO and Co-founder of RiskRecon. “As we look to grow our business, the talents and experience that Kim and Jon bring will give our sales and marketing efforts a tremendous boost.”

King, a veteran of the Boston start-up scene, has helped to successfully launch and grow several organizations, including Open Market, Akamai Technologies, and Bit9, now known as Carbon Black. She is the author of “The Complete Guide to B2B Marketing: New Tools, Tactics, and Techniques to Compete in the Digital Economy,” published by Pearson Financial Times Press in May 2015.

“RiskRecon offers the only solution that enables companies to truly understand their third-party cyber risk, prioritize and act on that risk, and focus remediation only on the risk that really matters to them,” said King. “By being able to pinpoint issues with incredible accuracy and detail, RiskRecon gives its customers the power to solve third-party cyber risk at scale — quickly, easily, and efficiently.”

Whitlock brings extensive channel development and alliances experience working with software and cybersecurity companies, SIs, VARs and MSSPs.  He recently led Carbonite’s global channel sales and programs and prior to that, built and managed Kaspersky Lab’s North America channels. He has also actively participated on several channel advisory boards and councils, including CompTIA, Baptie, HP, and Microsoft.

About RiskRecon
RiskRecon is the only continuous vendor monitoring solution that delivers risk-prioritized action plans custom-tuned to match your risk priorities, providing the world’s easiest path to understanding and acting on third-party cyber risk. Partner with RiskRecon to build your scalable, third-party risk management program to realize dramatically better risk outcomes. To learn more about RiskRecon’s approach, request a demo or visit the website at www.riskrecon.com.

Connect with RiskRecon:
LinkedIn: https://www.linkedin.com/company/riskrecon/
Twitter: @riskrecon

Contact:
Trevor Carver 
riskrecon@methodcommunications.com 
(801) 461-9764

SOURCE RiskRecon

Related Links

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SOURCE URL: https://www.prnewswire.com/news-releases/riskrecon-announces-several-key-corporate-hires-and-company-expansion-300730495.html

Digital Risk Management Platform CybelAngel Raises $12 Million to Fuel Growth in Cybersecurity Market and Expand Globally

Digital Risk Management Platform CybelAngel Raises $12 Million to Fuel Growth in Cybersecurity Market and Expand Globally

CybelAngel offers an industry-leading solution that proactively protects organizations from digital threats across the open, deep, and dark web, as well as all connected devices.

NEW YORKOct. 11, 2018 /PRNewswire/ — CybelAngel, the industry leader in protecting companies’ critical information assets from malevolence and negligence, announced today an investment of $12 million led by technology growth equity investors Bpifrance and Serena. The financing will be used to fund CybelAngel’s global expansion and the continued development of their unique AI-powered technology platform.

“CybelAngel is the best-performing data leak detection technology known today,” said Jean-Yves Poichotte, Global Head of ITS Cyber Security at Sanofi, a global biopharmaceutical company and customer of CybelAngel.

CybelAngel detects over 1 billion documents per day, and uses artificial intelligence to assess the sensitivity of the information they find. The company’s platform helps enterprises manage digital risk in real time by providing them with relevant, actionable information, enabling effective remediation and takedown. CybelAngel helps organizations protect their intellectual property, brand, and reputation with a solution that complies with relevant regulatory requirements.

  • The financing will enable CybelAngel to increase their footprint in North America, where they have already established themselves serving iconic brands. CybelAngel is hiring a U.S. team of experts in cybersecurity sales and marketing.
  • CybelAngel will also use this funding to respond to cybersecurity market growth in Europe by growing their European sales and marketing teams.
  • CybelAngel created their risk management capabilities in 2014 and will be using the funding to continue innovating to address new sources of leaks and breaches to keep up with the pace of digital transformation.

Working closely with dozens of major customers, CybelAngel is shaping the future of threat intelligence and digital risk management by building on the foundations of innovative AI and superior human intelligence.

Erwan Keraudy, CEO of CybelAngel, said, “This funding enables CybelAngel to build out our U.S. presence while simultaneously commencing important product development efforts that were informed by many of our new U.S. customers. The acceleration of digital transformation has created an explosion of risks due to both malevolent and negligent third parties. These risks are now at the heart of enterprise boards’ critical concerns.”

“We’re thrilled with CybelAngel’s next step. Due to significant customer demand, CybelAngel needed to increase the team in the U.S. much sooner than expected,” said Bertrand Diard, venture partner at Serena Data Ventures. “They will now be able to better serve the base of customers they have recently acquired there.”

Nicolas Herschtel, Deputy Director for Bpifrance Large Venture Fund, said, “We are thrilled to join this round of funding, as CybelAngel is a pioneer in state-of-the-art technology that protects customers from data leaks and breaches. CybelAngel’s presence in the cybersecurity market since 2014 has allowed their machine learning technology to develop a significant edge in protecting customer data.”

About CybelAngel
CybelAngel is a leading digital risk management platform providing enterprises with actionable threat intelligence that enables effective remediation and improved cybersecurity posture.  By leveraging artificial intelligence and proven machine learning capabilities, to monitor, detect and manage digital risk across all layers of the Internet, CybelAngel helps organizations protect their intellectual property, brand, and reputation. Every day, CybelAngel detects data leaks that others don’t. To learn more, visit www.cybelangel.com

SOURCE CybelAngel
Related Links
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SOURCE URL : https://www.prnewswire.com/news-releases/digital-risk-management-platform-cybelangel-raises-12-million-to-fuel-growth-in-cybersecurity-market-and-expand-globally-300729167.html

KEMP Appoints Tony Thompson as Chief Marketing Officer

KEMP Appoints Tony Thompson as Chief Marketing Officer

KEMP, the leader in multi-cloud application delivery and load balancers, today announced the appointment of Tony Thompson as chief marketing officer (CMO). Tony will lead all elements of KEMP’s global marketing strategy, including channel and direct marketing programs, and focus on positioning the company for the next phase of growth in multi-cloud application delivery technology.

“Tony has a strong track record of operational and strategic marketing experience, and his passion for disrupting markets makes him a perfect fit within the KEMP culture,” said Ray Downes, CEO of KEMP Technologies. “As we embark on the next phase of our growth, I’m confident in Tony’s ability to propel KEMP as the go-to technology for front-ending applications across any multi-cloud environment. His leadership will be key to positioning our business for the future and arming partners with the right resources to increase market share.”

With more than 20 years of dynamic marketing and general management leadership, Tony is focused on delivering breakthrough results in elevating enterprise networking and security brands. He joins KEMP from SS8 Networks where he served as vice president and general manager leading the strategy, sales and marketing execution for a breakthrough in cyber threat detection. Prior to SS8, Tony was vice president of marketing for Silver Peak, where he re-positioned the company from niche player to a leader in WAN optimization, and the pioneer of the red-hot SD-WAN market.

Prior to Silver Peak, Tony led embedded security marketing at McAfee. He came to McAfee from the acquisition of Solidcore, where he established the company as a leader in the emerging application whitelisting market. Tony was also instrumental in the launch of Blue Coat (now part of Symantec), where the web security leader had achieved over 300% growth in market valuation and profitability within 18 months. Tony holds a bachelor’s degree from California State University, Fresno.

“We are living in the most transformative time in history for how business applications are being delivered and consumed,” said Thompson. “KEMP has the unique advantage of offering any enterprise or service provider the most flexible options for optimizing existing application workloads and enabling a seamless, uninterrupted migration to multi-cloud deployments. This not only represents a growth opportunity for KEMP, but also for new and existing channel partners. I am extremely excited about leading our marketing efforts through this journey.”

About KEMP Technologies
KEMP is transforming application delivery and security by providing the most flexible deployment, delivery and licensing options for customers embracing cloud and hybrid infrastructures. With more than 40,000 deployments worldwide, KEMP has led innovation in the application delivery controller (ADC) and load balancing markets with many industry firsts, including the highest performance virtual ADC, application-centric SDN and NFV integrations, innovative subscription and metered licensing models, and true platform ubiquity that scales to support enterprises of every size and workload requirement. Visit KEMP at www.kemptechnologies.com.

Media Contact: Danielle Ostrovsky, Hi Touch PR, ostrovsky@hi-touchpr.com

SOURCE KEMP Technologies
Related Links
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SOURCE URL : https://www.prnewswire.com/news-releases/kemp-appoints-tony-thompson-as-chief-marketing-officer-300728824.html

Dell Boomi Appoints Mandy Dhaliwal New Chief Marketing Officer

Dell Boomi Appoints Mandy Dhaliwal New Chief Marketing Officer

Dell Boomi™ (Boomi) the leading provider of a unified platform to build The Connected Business, from cloud integration to workflow automation, today announced the appointment of Mandy Dhaliwal as the company’s new chief marketing officer (CMO). Dhaliwal will be responsible for driving global market leadership, awareness, demand generation, strategic events and communications.

“Mandy is a proven leader that has the track record, energy and passion to play an essential role in Boomi’s next wave of growth and innovation,” said Chris McNabb, CEO at Dell Boomi. “Her ability to drive and build our global marketing efforts to showcase how the Boomi platform is transforming our customers make her the perfect addition to our business.”

Dhaliwal brings to Boomi more than two decades of experience in driving growth and innovation strategies across the cloud and software markets. Prior to joining Boomi, she served as Fugue’s CMO and played an integral role in launching the company and driving market traction. Prior to that, Dhaliwal held senior marketing leadership positions at BlazeMeter (acquired by CA Technologies), SOASTA (acquired by Akamai Technologies), EMC (acquired by Dell Technologies) and Legato Systems (acquired by EMC). She holds a Master of Business Administration degree from Pepperdine University and a Bachelor’s degree in Business Administration, Management and Marketing from Simon Fraser University.

“I am extremely honored to join the Boomi team and be part of a company culture that is truly committed to putting the customer first,” said Dhaliwal. “Boomi is the number one choice in this industry for thousands of customers and is very well positioned to continue its growth and expansion during this exciting era of the fourth industrial revolution. I am looking forward to leading the marketing team to create high-impact programs that illustrate how Boomi’s market leading platform can quickly unlock the value of disparate enterprise data assets to deliver strategic business advantage and positive customer experience.”

About Dell Boomi
Dell Boomi (Boomi), an independent business unit of Dell, is the leading provider of a unified platform to build The Connected Business, from cloud integration to workflow automation. Boomi helps organizations accelerate business agility by connecting data, applications and people to run faster and smarter. Visit http://www.boomi.com for more information.

© 2018 Boomi Inc. Dell, Boomi, and Dell Boomi are trademarks of Dell Inc. or its subsidiaries. Other names or marks may be the trademarks of their respective owners.

Contact:

Janine Kromhout
Dell Boomi
650-269-1417
Janine_Kromhout@dell.com

Kelsey Quickstad
Hotwire for Dell Boomi
415-820-4494
dell.boomi@hotwireglobal.com

Analyst Contact:
Beth Johnson Dell Boomi
415-412-6891
Beth_Johnson@dell.com

Special note:
Statements in this material that relate to future results, future hiring, and future events or investment are forward-looking statements and are based on Boomi’s current expectations. In some cases, you can identify these statements by such forward-looking words as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “confidence,” “may,” “plan,” “potential,” “should,” “will” and “would,” or similar expressions. Actual results, hiring, customer trends, and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors, including the challenge of finding and onboarding new personnel, marketplace trends, ongoing management attention to the market, the uncertainties associated with technology changes and the development and release of new technology.  Boomi and Dell Technologies assume no obligation to update any such forward-looking statements.

SOURCE Dell Boomi
Related Links
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Totango Integrates Solutions with SAP to Enable the Customer Centered Enterprise

Totango Integrates Solutions with SAP to Enable the Customer Centered Enterprise

Joint Solution and Go-to-Market Empower Enterprise Customers to Accelerate Customer Lifetime Value by Operationalizing Customer Centricity Across Their Entire Organization

 Totango Inc., a leader in customer success for the enterprise, announced an agreement with SAP SE (NYSE: SAP) to sell and market Totango’s out-of-the-box solutions. With the integration of Totango’s flagship Customer Success platform with the SAP® C/4HANA suite of products, including SAP’s Sales, Marketing and Service Clouds, Totango can provide enterprise customers with a path to complete their digital transformation.

Totango and SAP disrupt the marketplace for the front office suite by enabling businesses to accelerate customer lifetime value and attain predictable growth by better serving and retaining customers. Totango concurrently announced its vision for the Customer Centered Economy as well as general availability and new features of its Spark platform.

Totango’s technology empowers large enterprises with democratized access to customer data and customer success insights so they can compete and win in today’s Customer Centered Economy. SAP C/4HANA is an integrated suite that offers cloud solutions for marketing, commerce, sales, service and customer data – and uses technologies like machine learning to power real-time engagements.

“Totango is working with SAP to bring a customer-centered paradigm to the mainstream enterprise. As more and more enterprises move to recurring revenue business models, customer lifetime value must be at the heart of their growth strategy,” said Guy Nirpaz, founder and CEO, Totango. “While most applications and homegrown customer success solutions fail to provide actionable insights on collected customer data, Totango’s solution addresses this critical gap for enterprise customers, enabling them to become customer centered, complete their digital transformation and drive ongoing business results.”

Guy Nirpaz and Ken Hamel, Executive VP of Global Sales Operations at SAP, discussed the partnership, Totango’s platform in action and best practices for implementing a customer success solution during the SAP Customer Experience Live keynote in Barcelona.

Totango solutions are now available on the SAP App Center, the digital marketplace for SAP partner offerings.

About Totango
Totango is the leading Customer Success solution for the enterprise. Our platform provides access to all customer information, best practices and relevant metrics so enterprises can proactively and intelligently operate their company around their customers. Leading customer-centric enterprises such as Dimension Data, Monster and Zoom use Totango to drive customer adoption, retention, expansion and advocacy.

SAP and SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

SOURCE Totango Inc.

SOURCE URL: https://www.prnewswire.com/news-releases/totango-integrates-solutions-with-sap-to-enable-the-customer-centered-enterprise-300729165.html

Huawei Announces AI + Digital Platform to Accelerate Digital Transformation

Huawei Announces AI + Digital Platform to Accelerate Digital Transformation

Today at HUAWEI CONNECT 2018, under the theme of “Power of the Platform,” Huawei Enterprise Business Group shared how its new digital platform strategy will enable governments and enterprises to accelerate digital transformation and achieve new levels of innovation and growth. Huawei also announced its AI + Digital Platform that adapts to various scenarios across industries; and a partnership with Tianjin Binhai New Area to create a smart city based on the adoption of the new AI + Digital Platform. In addition, Huawei launched a new smart campus solution which is being implemented by Vanke, a leading China-based real estate developer, to reshape its enterprise operations for growth and competitiveness.

The Power of the Platform Accelerates Digital Transformation

Yan Lida, President of Enterprise Business Group, Huawei, said: “Digital transformation is a complex process which requires a systematic approach and convergence of various technologies to integrate the physical and digital worlds. Huawei is committed to enabling our customers’ platform-based businesses with an ICT platform that allows partners to integrate industry-specific applications. In this way, Huawei’s platform serves as the ‘fertile soil’, enabling the growth of the industry ecosystem, and promoting digital transformation of various industries with our ecosystem partners.”

Huawei Outlines “Digital Platform + X + Ecosystem” Approach

Huawei Enterprise Business Group introduced its “Digital Platform + X + Ecosystem” approach offering customers a long-term strategy to accelerate digital transformation. With the Digital Platform as the foundation, new capabilities (the “X”), such as AI, IoT, Big Data, security, ICP, video; and the industry-enabling platform which integrates those sectors.

“Huawei’s Digital Platform offers three core advantages: it is full-stack, open and supports enterprises across multiple industries. Leveraging our capabilities in self-developed chips, mathematical algorithms and architecture design, we develop full-stack solutions including devices, the IaaS and PaaS layers, and the SaaS layer together with ecosystem partners. By implementing full-stack platforms, customers can focus on business innovation without spending precious resources on building their own unique digital technology platforms and capabilities,” said Lu Qi, President of the Marketing & Solution Sales Dept of Enterprise Business Group, Huawei. “Huawei delivers horizontal solutions with cross-industry standardization, and our Digital Platform can be used in a wide range of scenarios, as it supports both private cloud and public cloud. Additionally, Huawei is building an open, win-win ecosystem, in which our products and solutions can interoperate with those from other providers, offering customers the freedom to use the best solutions for their unique requirements.”

Lu Qi added: “Staying true to Huawei’s open approach, the Digital Platform allows partners to quickly develop upper-layer applications, and customers to digitally transform in an agile and efficient manner by focusing on creating business value rather than the integration of the underlying technologies. Using this approach, Huawei aims to become a long-term strategic partner for our customers.”

At HUAWEI CONNECT 2018, Huawei Enterprise Business outlined the enhanced capabilities of its Digital Platform designed to help enterprises compete and thrive in today’s fast-evolving digital world. The capabilities include:

  • Multi-cloud: Huawei’s FusionStorage8.0 is currently the industry’s only solution that can deliver a 300 microsecond I/O response, a fully-distributed architecture with no gateways and active-active reliability; Huawei’s private cloud solution offers the most cloud services on the IaaS-layer in the industry.
  • Network: Huawei’s industry-leading CloudFabric solution can support minute-level uplink and downlink of 10k containers.
  • Devices: Huawei offers the industry’s first intelligent acceleration module Atlas200 that can perform real-time analysis of high-definition videos and advanced smart small cells.
  • In addition, Huawei announced its all-new full-stack AI portfolio, allowing industry-specific AI applications to be integrated into the Digital Platform to better support customers’ digital transformation journeys.

Huawei AI + Digital Platform Helps Tianjin Binhai New Area Build a Smart City

With Huawei’s expertise, the Tianjin Economic-Technological Development Area (TEDA) designed and developed an AI-based “1 + 4 + N” Smart City solution (which refers to one center, four platforms, and additional innovative applications). The “1” of the solution represents the “City Brain” Intelligent Operations Center (IOC), which enables data sourced from government, enterprise, and citizen services through the Internet and IoT, to be aggregated and processed using AI. This provides powerful analytical capabilities to help transform Tianjin BinHai New Area into a smart city.

The solution is composed of four AI platforms that interact closely with the IOC to provide smart services:

  • Resident Voices – Features voice recognition and semantic parsing technologies that enable city managers to understand the voice of each resident to gain insight into their needs.
  • Sensing the City – Uses image recognition and correlation analysis to explore the relationships between people, places, vehicles and things for the purpose of fostering harmony for all.
  • Resident Care – Integrates deep learning and correlation analysis throughout the service lifecycle to generate personalized resources for residents.
  • Enterprise Services – Applies multi-dimensional and correlation analysis to clarify the internal relationships of industries in the TEDA district for the purpose of accurately matching the availability of service resources throughout the enterprise lifecycle.

Vanke Deploys Huawei’s New Smart Campus Solution

As more industries harness digital transformation, smart campuses will boost business growth and drive global competitiveness. By building smart campuses, enterprises can gain a more comprehensive, deeper and more accurate understanding of customers’ needs, and can provide relevant, authentic and efficient customer experiences. With the goal of becoming an industry-wide platform enabler, Huawei has redefined the smart campus enablement platform using four key principles:

  • Smart model: Going beyond digitalization, the platform can enable interconnectivity, collaboration, integration and innovation.
  • Campus space: Space constraints are no longer a limitation, as campuses move from physical entities to virtual communities.
  • Business model: The platform can enable customers to transform from a traditional stand-alone model to a multi-dimensional business, and optimize their value through transaction sharing.
  • Campus operation: Operations are now visible, manageable, and controllable by changing the original plan-based operations into on-demand operations.

Huawei is deploying the industry’s first all-digital campus pilot project in its own offices around the world, which will be rolled out in 172 countries. Vanke, a leading China-based real estate developer, is also adopting Huawei’s Smart Campus solution to help transform its core business operations, optimize innovation and accelerate new opportunities in the real estate industry. The two companies are also collaborating to establish innovation laboratories, and jointly explore and invest in new scenarios and models to build an ecosystem for future developments.

Huawei is committed to working with customers in the long term and takes a future-oriented approach to drive enterprise digital transformation through the power of the platform. So far, 211 of the Fortune Global 500 companies (including 48 Fortune Global 100 companies) have selected Huawei as their digital transformation partner.

HUAWEI CONNECT 2018 is held at the Shanghai World Expo Exhibition and Convention Center and Expo Center from October 10 to 12. Under the theme of “Activate Intelligence”, this year’s HUAWEI CONNECT is an open, cooperative and shared forum to help all organizations stake their claim in the intelligent world. The best minds in the industry – including global ICT leaders, industry experts, and ecosystem partners – will gather to chart the way forward and explore new opportunities.

For more information, please visit:
https://www.huawei.com/en/press-events/events/huaweiconnect2018

SOURCE Huawei

SOURCE URL: http://www.prnewswire.co.in/news-releases/huawei-announces-ai–digital-platform-to-accelerate-digital-transformation-696601941.html

55ip Releases Market Risk Indicator (MRI) Score for October

55ip Releases Market Risk Indicator (MRI) Score for October

 55ip, an investment strategy engine that enables advisors to customize and automate intelligent portfolio strategies using industry-leading investment science, today released its Q3 2018 commentary and October forecast on the Market Risk Indicator (MRI) score. The MRI score is a proprietary metric that seeks to assess the likelihood of extreme market conditions and help investors protect their portfolios from significant losses. This score can range from 0 – 100, with 0 being the lowest possible risk assessment.

The MRI score aggregates indicators across 4 categories:

  • Valuation (e.g. price to book ratio)
  • Macroeconomic conditions (e.g. manufacturing sentiment index)
  • Financing indicators (e.g. trend indicators)
  • Statistical measures of return distributions (e.g. multi-asset market volatility)

Together, these categories provide a full picture of the market risk level within a given month, which can be used to determine how much of a client’s portfolio should be allocated to cash or an equivalent shelter basket to hedge against risk.

55ip MRI:  Q3 2018 – Overview

Averaging the scores from July, August, and September, the Q3 MRI score is 30. This is lower than the Q2 2018 average which was 36 due to elevated April and May scores. In Q3, only the August 2018 MRI score (45) was notably higher than July (24) and September (20) with trend indicators in August showing rich valuations and high perceived risk as identified by statistical measures of return distributions and option markets activity.

55ip MRI:  October 2018 – Looking Ahead

The October 2018 MRI score is at 20, reflecting conditions that are relatively stable and unchanged from September. Financing risk and statistical measures of return distribution that measure uncertainty which were fluctuating in August, have since stabilized. Overall, 55ip’s analysis indicates rich valuations being offset by strong and stable fundamentals across macro indicators, such as employment and inflation.

“The investing pundits are all trying to guess when the current, record-setting bull market may end,” said Leonid Kogan, 55ip’s chief investment scientist. “While forecasting performance is not possible, intelligent forecasting of estimated risk and incorporating that into dynamic portfolio management can help smooth the ride and lessen anxiety for investors, especially those nearing retirement who can’t necessarily absorb and recover from an extreme downturn.”

For the full Market Risk Indicator monthly update report, visit www.55-ip.com. For more information or to speak with a 55ip spokesperson, contact 55ip@ficommpartners.com.

About 55ip
Founded in 2015 and headquartered in Boston55ip is an investment strategy engine that provides partner firms (financial advisors and wealth managers) the capabilities to build intelligent, custom models for their clients on white labeled software. 55ip’s proprietary investment science addresses the three most common frictions that get in the way of client outcomes – taxes, high fees, extreme losses – while automating the entire investment management process so advisors can focus on growing and scaling their practices.

All advisory services provided by 55I, LLC, a SEC-registered investment advisor. More information is available at https://www.55-ip.com.

Disclaimer
55ip is the marketing name used by 55 Institutional Partners, LLC, an investment technology developer, and for investment advisory services provided by 55I, LLC, an SEC-registered investment adviser. Registration does not imply any certain level of skill of training. These materials are intended for Registered Investment Advisors only and describe a risk management strategy that may not work as intended, in part because the strategy is not modified more frequently than monthly. As a result, the strategy cannot be counted on to provide protection to client portfolios. Even when using the strategy, portfolios remain subject to multiple risks, including the risk of loss of the entire amount invested. 55ip has been calculating the MRI monthly and applying it to managed assets since April 2016. 55ip has calculated a hypothetical monthly MRI back to April 2004 using varying inputs and blends of indicator categories.

SOURCE 55ip
Related Links
http://www.55-ip.com

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Wacom and Magic Leap

Wacom and Magic Leap Team Up to Build the Creation Environment of the Future

An exclusive partnership to deliver spatial computing and pen input solution for content creators seeking hyper-realistic, collaborative, 2D and 3D work environments

With the ultimate goal of creating harmony between people and technology, Wacom and Magic Leap will demonstrate  their spatial computing prototype for the next generation of digital content creators at the L.E.A.P. (Learn, Engage, Accelerate, Program) Conference, October 9th and 10th in Los Angeles, California. During the keynote presentations, Nobutaka Ide, CEO of Wacom, will present an overview of the exclusive partnership with Magic Leap and the creative solution the two companies have been working on over the last two years.

“Wacom and Magic Leap are collaborating to define the future of digital design workflows together,” says Mr. Ide. “Our goal is to provide the best instruments for creative expression and our unique solution, combining precision pen input with spatial computing, will allow creators of all disciplines including animators, industrial designers, game developers and educators to create and collaborate in ways few dreamed possible.”

Faik Karaoglu, EVP of Wacom’s Creative Business added, “Together, Wacom and Magic Leap are staying ahead of the technology curve by creating innovative products for artists and designers of the future. We look forward to continue being the indispensible partner for the creative professional community of today and tomorrow.”

Wacom and Magic Leap’s prototype experience is powered by Spacebridge, an application under development by Magic Leap, which integrates existing desktop workflows with the spatial computing environment. The demonstration will simulate a four person collaborative design review meeting where the participants will each be wearing a Magic Leap headset linked to Wacom Intuos Pro pen tablets. The end result will be a work session that allows the design team to view, scale, move, sketch and annotate 3D content in a vivid, realistic environment.

“Magic Leap and Wacom share the belief that the spatial computing creative design experience should feel natural, intuitive, and inclusive of the world and other people,” says Rony Abovitz, CEO of Magic Leap. “The solutions we are developing together now, will hopefully inspire and empower the next generation of creatives to design and build new products, living spaces, and even worlds.”

Moving forward, Wacom and Magic Leap will continue to validate their prototype by working closely with the entertainment and design communities and fostering a 3D application ecosystem through relationships with creative software developers. L.E.A.P. Conference is Magic Leap’s first developer conference and will host creators, developers and technology partners from around the world. The conference will include keynote addresses, workshops, product demos and networking opportunities. For more information on L.E.A.P. Conference, please visit: www.magicleap.com/leapcon

About Wacom

Founded in 1983, Wacom is a global company based in Japan with subsidiaries and affiliate offices around the world to support marketing and distribution in over 150 countries and areas. It is the world’s leading manufacturer of pen tablets, interactive pen displays and digital interface solutions. The advanced technology of Wacom’s intuitive input devices has been used to create some of the most exciting digital art, films, special effects, fashion and designs around the world and provides business and home users with their leading interface technology to express their personality. The company also offers its products as OEM solutions to leading manufacturers serving incremental markets. Wacom’s interface technology, called Wacom Feel IT technologies, is also offered as an integrated solution to strategic partners. Most tablet device and PC manufacturers count on the advanced features and reliability to deliver a superior user interface experience. For further information about the products of Wacom see www.wacom.com.

For more information, please contact:

Ted Kanno
Corporate Communications, Wacom Co., Ltd
Wacom-pr@wacom.co.jp 
+81-3-5337-6702

SOURCE Wacom

Related Links

http://www.wacom.com

SOURCE URL: https://www.prnewswire.com/news-releases/wacom-and-magic-leap-team-up-to-build-the-creation-environment-of-the-future-300727032.html