The #AIEye: VSBLTY (CSE: $VSBY.C) ( $VSBGF) Joins CIC to Develop Access Control and Security Solutions, Virtusa (NasdaqGS: $VRTU) and Hitachi Form Partnership to Advance #AI in Financial Services

The #AIEye: VSBLTY (CSE: $VSBY.C) ( $VSBGF) Joins CIC to Develop Access Control and Security Solutions, Virtusa (NasdaqGS: $VRTU) and Hitachi Form Partnership to Advance #AI in Financial Services

Global Deep Learning Market to Hit $17.4 Billion by 2023

Point Roberts WA , Vancouver BC – June 3, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/06031AIEye-VSBY-VRTU.asp

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Stocks discussed: (CSE:VSBY) (5VS.F) (VSBGF) (NasdaqGS:VRTU) (TYO:6501)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) and tech company CIC Technologies have jointly announced a cross-licensing agreement that will see them co-develop access control and security solutions. CIC CEO Sean Ryan explained:

“In order to anticipate cyber and physical attacks there increasingly must be a reliance on innovative technologies. We are excited to work with VSBLTY and its state-of-the-art software that provides facial recognition, analytics and weapon detection that, combined with our own biometric, and access control solutions, will take layered security to new and heightened levels for corporations, governments, transportation centers, entertainment and sports venues and schools.”

VSBLTY Co-founder and CEO Jay Hutton commented:

“The combination of CIC’s unique concealed weapons detection technology and the VSBLTY optical weapons detection provides a comprehensive weapons detection capacity to allow accurate detection and early warning. That is why we are confident that this partnership will result in immediate contract wins and revenue to VSBLTY.”

Virtusa Corporation (NasdaqGS:VRTU) and Hitachi, Ltd. (TYO:6501) have announced a partnership with the aim of advancing the adoption of AI in financial services. The two companies have started a joint team in Silicon Valley where they will leverage Hitachi’s tech and R&D with Virtusa’s financial services and digital engineering expertise. Kris Canekeratne, chairman and CEO, Virtusa, said:

“AI is an imperative for our clients to gain a competitive advantage. Financial services organizations have a significant opportunity to leverage and deploy AI to gain significant competitive advantages. With this partnership and through our deep digital capabilities we can help more clients benefit from AI faster.”

Global Deep Learning Market to Hit $17.4 Billion by 2023

A report from Market Research Future finds that the global deep learning market will grow to $17.4 billion by 2023 with a compound annual growth rate (CAGR) of 30.84 percent in the forecast period. An excerpt from the report description reads:

Global deep learning market is expected to witness substantial growth during the forecast period. North America is estimated to be a prominent region for deep learning market due to the presence of key market players, heavily investing in the research and development of deep learning software, platforms, applications, and systems across the US, Canada, and Mexico. Similarly, increasing demand for deep learning technology for natural language processing and voice/speech recognition in the European financial service industry is projected to drive the deep learning market in the coming years. Asia-Pacific held the second largest market share in deep learning in 2017.

Sam Mowers, Investorideas.com

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#Tech Stock News: #Software Solutions Companies Continue to See Growth in 2019 and Beyond (OTCQB: $ADGO) (NASDAQ: $APPS) (TSXV: $OSS.V) (OTCQB: $OSSIF) (NASDAQ: $AEYE)

 #Tech Stock News: #Software Solutions Companies Continue to See Growth in 2019 and Beyond (OTCQB: $ADGO) (NASDAQ: $APPS) (TSXV: $OSS.V) (OTCQB: $OSSIF) (NASDAQ: $AEYE)

Point Roberts WA, Delta BC – June 3, 2019 - Investorideas.com, a leading investor news resource covering software solutions and technology stocks releases a sector snapshot focusing on the recent rise in business solutions software and what is driving this current trend.

Read this in full at https://www.investorideas.com/news/2019/technology/06031Stocks-Software.asp

According to a new market research report ‘Fixed Asset Management Software Market’ published by MarketsandMarkets, “The global Fixed Asset Management Software Market size is expected to grow from USD 3 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period.”

“Preventive maintenance and IoT technology to boost adoption of fixed asset management software, and growing need to reduce operational cost and proliferate profits through efficient management of assets are the major factors driving the growth of the Fixed Asset Management Software Market,” the report continued.

Advantego Corporation (OTCQB: ADGO), a business solutions provider that develops stand-alone digital delivery systems, electronic and enterprise software products to capitalize on niche opportunities within a specific market, recently announced the acquisition of the North American distribution rights for wireless audio and innovative electro-acoustic products from Aska Electronics Co., Ltd. of China.

"This acquisition has been in the works for several months and culminates the hard work management has put forth that should have a significant impact on revenues moving forward,” according to Advantego CEO, Robert W. (Rob) Ferguson.  “Combining Aska’s continuing annual sales increases with our ability to now expand the footprint presents an exciting time ahead for both of our firms,” he said.

Aska is a leading manufacturer of wireless audio and innovative electro-acoustic products that include proprietary noise cancellation technology and Bluetooth capability for headphones, earphones, waterproof sport earbuds, speakers and IoT devices.  The firm provides its products and services as an OEM (Original Equipment Manufacturer), an ODM (Original Design Manufacturer) and a JDM (Joint Design Manufacturer) for customers worldwide.

Advantego will provide additional North American product branding, sales and distribution services for Aksa's existing and new product introductions.  Aska will continue to service their existing customers and will provide research and development, product design and manufacturing services, along with private labeled products to Advantego and its customers.

As previously announced, in exchange for the distribution rights Aska will receive 700,000 shares of Advantego's preferred shares at $2 per share.  The preferred shares are convertible into shares of Advantego's common stock, under certain pricing and timing conditions.

Ferguson also pointed out: “The ability to add new cutting-edge technology within the broad range of ASKA’s already unique capabilities presents both a great opportunity and challenge for Advantego. To address both, we have expanded several relationships recently in anticipation of this to maximize the opportunities we now see in front of us and are looking forward to seeing the results of our new joint efforts beginning in the third quarter and throughout the rest of the year.”  

Digital Turbine, Inc. (NASDAQ: APPS), the #1 mobile platform connecting operators and OEMs with mobile advertisers, announced in early May that it is partnering with leading attribution and analytics companies to accelerate the expansion of SingleTap capabilities by leveraging the scale of existing integrations with application providers. Partners including AppsFlyer, Branch, Kochava, and Singular represent approximately 85% of the top global applications market.

Digital Turbine's SingleTap solution streamlines the app install process by enabling app delivery from any mobile ad in just one tap. SingleTap is currently enabled on more than 150M Android devices globally including nearly 50% of all Android smartphones in the US. SingleTap to date is delivering up to 200% lift in click-to-install conversion rates for advertisers and application providers.

"As the largest and most robust mobile measurement platform on the globe we are excited to integrate the AppsFlyer platform with Digital Turbine's SingleTap Installs solution," said Ben Roodman, Director of Partnerships at AppsFlyer. "We have already seen early success with a number of our application partners and are excited to expand SingleTap across many more apps."

"Improving the customer experience and more accurate attribution have always been the key values of Branch's platform," said Eric Stein, EVP and GM of Partnerships at Branch. "Our app partners can now receive even more value through frictionless app installs powered by Digital Turbine's SingleTap solution, driving their users from an ad directly to the right page of their app without going through the standard download process. Simply put, the power of SingleTap combined with the power of Branch is driving the world's best app experiences."

"We are extremely excited to work with AppsFlyer, Branch, Kochava, and Singular to deliver a better and simplified end-user experience. SingleTap delivers improved conversions for advertisers and creates new revenue streams for our Operator and OEM partners," said Bill Stone, CEO of Digital Turbine. "Our vision to expand SingleTap capabilities for any application a consumer wants to download, on any Android device, anywhere on the planet, is being accelerated through these strategic partnerships."

OneSoft Solutions Inc. (TSX-V: OSS) (OTCQB: OSSIF), a North American developer of cloud-based business solutions, recently announced its financial results for the first quarter of fiscal 2019 that ended March 31, 2019.

Some of the financial highlights included a revenue of $592,302 for the quarter ended March 31, 2019 more than doubled the $283,202 reported for the comparative period, the gross margin remained strong at 86% due to high margin software revenue and compared to 88% in the comparative period, as well as subsequent to the quarter, collection of a large account receivable and completion of the $9.2 million bought deal financing in April 2019 increased cash to approximately $12.7 million.

Management is optimistic that the Company is well positioned to successfully cross the “market adoption chasm” that disruptive new technologies typically experience in their quest to garner market share (refer to Company’s FYE February 28, 2018 MD&A, page 10 for further explanation).

“We believe that OneSoft’s “first mover” advantage in having developed and commercialized the first O&G pipeline integrity management solutions based on cloud computing, machine learning and data science is highly beneficial. Management will now accelerate the development of additional new technology and solutions that are accretive to CIM and will appeal to CIM clients and prospective customers. We believe our strategy to accelerate technology advancement, now feasible because of the capital raise completed in April 2019, will ultimately contribute to increased value for shareholders,” according the companies release.

AudioEye, Inc. (NASDAQ: AEYE), a leading provider of digital accessibility solutions that provide barrier-free website access for individuals with disabilities, also recently reported financial results for the first quarter ended March 31, 2019.

Some of the first quarter operational highlights included augmenting the existing management team through the appointment of 20-year Corporate Finance Executive and proven Business Leader, Sach Barot as new Chief Financial Officer, engaging former New York Governor David Paterson as key political advocate and business consultant for the AudioEye solution with the goal of addressing the significant increase in litigation related to digital accessibility, specifically in New York State and continued growth of direct sales channel client roster in the first quarter with prominent new customers from the technology, fashion, retail, hospitality and healthcare space among others.

Total revenues increased 73% to a record $1.99 million from $1.15 million in the same period a year-ago. The increase in revenues was primarily due to continued execution in direct channel as well as steady growth in the indirect channel and gross profit increased 93% to $1.08 million (54.5% of total revenues) from $562,000 (48.9% of total revenues) in the same year-ago period. The increase in gross profit and gross margin was primarily due to the increase in revenues previously described.

AudioEye Executive Chairman, Carr Bettis said, “The first quarter was a strong start to the year that has us in good position to continue ramping our growth efforts throughout the balance of 2019. Total revenues increased 73% to a record $1.99 million, which marks the thirteenth consecutive quarter that we’ve achieved record topline results. Looking ahead, we’re seeing even greater signs of growth and expansion. The past two months, April and March, have been the best months in the history of our company in terms of cash contract bookings. Thanks to our enhanced public relations and marketing efforts, we’ve been able to increase our pipeline substantially and will look to continue to accelerate this program going forward. We are continuing to strategically funnel financial resources and add key personnel into areas that will allow us to build on our market leading position and further establish AudioEye as the de-facto leader in digital.”

Increased revenue and continued growth supports the idea that this is a still a segment to watch in the tech sector as demand continues to reduce operational costs and proliferate profits through efficient management of assets.

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#AI News: VSBLTY (CSE: $VSBY.C) CIC Technologies Agree to Cross License, Co-develop Access & #Security Solutions Using Machine Learning, Ai & Biometrics

#AI News: VSBLTY (CSE: $VSBY.C) CIC Technologies Agree to Cross License, Co-develop Access & #Security Solutions Using Machine Learning, Ai & Biometrics

Philadelphia, PA - June 3, 2019 (Investorideas.com Newswire) VSBLTY Groupe Technologies Corp. (CSE: VSBY) (5VS.F) (VSBGF), and CIC Technologies (CIC) have agreed to cross license and integrate new technologies to provide frictionless access control and security solutions according to a joint announcement made today by CIC CEO Sean Ryan and VSBLTY Co-Founder and CEO Jay Hutton. The agreement also includes co-marketing and branding.

Read this in full at https://www.investorideas.com/CO/VSBY/news/2019/06031CIC-MachineLearning-AI-Biometrics.asp

According to Memoori Research, the global Access Control Total Addressable Market will reach $10.10 billion by 2022 with a compound annual growth rate of 8.04%*.

CIC Technologies' Virtual Guardian™ combines various security solutions to create a layered security envelope. The focus of the new suite will be on providing comprehensive turnkey security and employee authentication solutions while delivering critical operational analytics to be used to protect both front and back of house access to stadiums, public venues, transportation hubs, houses of worship and schools. Under the agreement CIC will license certain elements of the VSBLTY Vector™ and DataCaptor™ solutions.

CIC is a full-service technology company with expanded business operations in the areas of biometrics authentication solutions and products that provide enhanced security. CIC's layered approach to security creates a safer environment for employees and patrons. New products such as CIC's dual authentication, and concealed weapons detection (CWD) coupled with existing products provide for a secure, high throughput ingress.

As explained by CIC president and owner, Sean Ryan, "Having dual authentication enables the ability to primarily identify a target (person) from a distance. And then, using a second modality as the individual arrives at the entry point, to either grant or deny access. Dual authentication eliminates credential sharing, and positively identifies the person moving to an entry point. It also can to be used with existing access control systems."

Continuing, Ryan said, "The concealed weapons detection system is a set of sensors that can be placed in inconspicuous places to identify weapons (guns, knives, explosive devices) concealed on a person advancing between the sensors. It is a high throughput system, and offers discreet blending into the surrounding environment."

VSBLTY is a leading retail software and technology company that offers facial recognition and non-occluded weapon detection using the power of machine learning and computer vision. Its proprietary VSBLTY Vector™ product can be used alone or in combination with any type of digital signage and other forms to provide security by looking for "persons of interest" or individuals carrying weapons with the intent to cause harm. VSBLTY's latest innovation using Intel's OpenVINO™ platform delivers Edge processing, providing faster and more affordable technology than legacy systems.

"In order to anticipate cyber and physical attacks there increasingly must be a reliance on innovative technologies. We are excited to work with VSBLTY and its state-of-the-art software that provides facial recognition, analytics and weapon detection that, combined with our own biometric, and access control solutions, will take layered security to new and heightened levels for corporations, governments, transportation centers, entertainment and sports venues and schools," according to Ryan.

"The combination of CIC's unique concealed weapons detection technology and the VSBLTY optical weapons detection provides a comprehensive weapons detection capacity to allow accurate detection and early warning," Hutton said, "that is why we are confident that this partnership will result in immediate contract wins and revenue to VSBLTY."

"With more and more so-called soft targets being attacked around the world, heightened security is needed virtually everywhere. We see CIC Technologies' innovative security solutions as the ideal environment for VSBLTY's facial recognition to enable faster, professional security responses to threats and deliver on a critical security market need. This agreement with CIC Technologies will significantly advance the increasingly important need to provide security where it has never been available before," Hutton added.

*Source: Memoori Research https://memoori.com/market-size-major-trends-access-control-market-2017-2022/

Investor Relations
MarketSmart Communications Inc., +1 877 261-4466
info@marketsmart.ca

CONTACT: Linda Rosanio, 609-472-0877
lrosanio@vsblty.net

About VSBLTY (www.vsblty.net)

Headquartered in Philadelphia, VSBLTY (CSE: VSBY) (Frankfurt: 5VS) (OTCBB:VSBGF) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.

CONTACT:

Sean Ryan, 973-479-3907
Sean.Ryan@getcictech.com

About CIC Technologies (www.getcictech.com)

A full-service security technology company based in Nashville, CIC Technologies provides highly skilled and reliable engineering and proven technical solutions. CIC assists clients with their vision, both in the private and public sectors. The company brings cutting edge technology to life, providing clients the opportunity to maximize their integration. CIC also has expanded business operations in the areas of biometrics authentication solutions and access control products that provide layered security enhancement.

VSBLTY Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on Investorideas.com

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: VSBLTY is a paid PR, news and social media client on Investorideas.com as of March 1, 2019  https://www.investorideas.com/About/Disclaimer.asp

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The #AIEye: UCLA Deploying Microsoft (Nasdaq: $MSFT) Azure to Improve Patient Care and IBM (NYSE: $IBM) Watson Health Demonstrates #AI Progress in Cancer Care

AI in Food & Beverage Industry to Hit $115 Billion by 2026

Point Roberts WA, Vancouver BC – May 31, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:MSFT) (NYSE:IBM)

UCLA Health has announced that they are deploying Microsoft’s (NasdaqGS:MSFT) Azure platform in an effort to “speed medical discoveries and improve patient care”. The Azure platform will equip UCLA Health with advanced computing tools embedded with artificial intelligence solutions that will render data analysis faster and more efficient. Peter Lee, corporate vice president, Microsoft Healthcare, commented:

"We are committed to creating better patient outcomes by providing UCLA Health with Microsoft Azure cloud and AI solutions to improve treatments and lives. By connecting health data and systems in the cloud in an interoperable way, we're excited we can help advance health care data for more efficient and personalized care."

IBM Watson Health, a subsidiary of IBM (NYSE:IBM), demonstrated the progress of AI technology in the provision of clinical decision support for cancer care at the American Society for Clinical Oncology 2019 meeting. The claims of progress are drawn from the culmination of some 22 scientific studies that IBM Watson Health unveiled at the event. Nathan Levitan, MD, MBA, Chief Medical Officer for Oncology and Genomics at IBM Watson Health, said:

"Artificial intelligence technology is helping to enhance the way clinicians treat cancer today, in the real world. AI is helping multidisciplinary tumor boards make more informed decisions based on curated scientific evidence; it is surfacing critical insights and information that is not identified manually; and it is helping to improve patient satisfaction by delivering a comprehensive view of treatment options."

AI in Food & Beverage Industry to Hit $115 Billion by 2026

A report from Data Bridge Market Research finds that the global AI in food & beverages market is expected to grow from $6.38 billion in 2018 to $115 billion by 2026 with a compound annual growth rate (CAGR) of 43.59 percent in the forecast period. The report identifies market drivers as the growing concern regarding improvement of supply chain efficiency and the continuously adoption of advanced technology in the food & beverages industry. An excerpt from the report description reads:

Artificial intelligence in food and beverages will be defined as solutions that help in improving the supply chain of food & beverages industry. This solution provides gives other way to fulfil their customers in the lower costs. The advent usage of artificial intelligence, in the food & beverages industry has offers various advantages such as increases efficiency and execution of product delivery; increase food security and also reduces wastage of food.

Sam Mowers, Investorideas.com

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For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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