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Monday, September 9, 2019

The #AIEye: Patriot One (TSX: $PAT.TO) (OTC: $PTOTF) Acquires XTRACT, Cisco (Nasdaq: $CSCO) Completes Voicea Acquisition and NICE (Nasdaq: $NICE) Wins Four Globee Awards for #AI Tech

The #AIEye: Patriot One (TSX: $PAT.TO) (OTC: $PTOTF) Acquires XTRACT, Cisco (Nasdaq: $CSCO) Completes Voicea Acquisition and NICE (Nasdaq: $NICE) Wins Four Globee Awards for #AI Tech

Global Deep Learning Neural Network (DNN) Market to See 43.2% CAGR from 2019-2026

Point Roberts WA, Vancouver BC – September 9, 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.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2019/090919-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/09091AIEye-PAT-PTOTF-CSCO-NICE.asp

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

Stocks discussed: (PAT.TO) (OTC:PTOTF) (0PL.F) (NasdaqGS:CSCO) (NasdaqGS:NICE)

Patriot One Technologies Inc. (PAT.TO) (OTC:PTOTF) (0PL.F) has acquired AI company XTRACT Technologies Inc. and all its related interests, assets, and intellectual property for consideration of $6,000,000 and the issuance of 9,422,956 Patriot One common shares to XTRACT’s former shareholders. Martin Cronin, Patriot One’s CEO and President, explained:

“Just over a month ago, we announced a development project with XTRACT, and during this period we’ve already seen great progress in significant opportunities for enhanced detection accuracy. With new sales opportunities arising every day for a covertly deployed, multi-sensor security solution, integrating XTRACT more deeply into our development and day-to-day operations made perfect sense. We are thrilled to have this highly talented group join our ranks; as they share our vision for creating a world safer from acts of mass violence.”

Cisco Systems, Inc. (NasdaqGS:CSCO) has completed the acquisition of AI software firm Voicea. According to the press release, Cisco will leverage Voicea’s technology to “enhance its Webex portfolio of products with a powerful transcription service that blends AI and Automated Speech Recognition (ASR) to unlock the power of any collaboration, like meetings and calls”.

NICE Ltd. (NasdaqGS:NICE) has won four Globee awards, which are global business awards that recognize companies for setting the industry benchmark for excellence. Chief among this recognition was NICE’s Gold award in the 'Milestone of the Year' category for its NEVA employee virtual attendant focused on helping employees. Barry Cooper, President, NICE Enterprise Product Group, commented:

"We believe that for organizations to succeed in today's customer experience driven world, they must be empowered with innovative solutions that create personalized connections with their customers and engage and inspire their employees. We're excited with these Globee awards that recognize the contribution of our solutions in this exciting time."

Global Deep Learning Neural Network (DNN) Market to See 43.2% CAGR from 2019-2026

A report from Data Bridge Market Research finds that the global Deep Learning Neural Networks (DNNs) market is projected to see a compound annual growth rate (CAGR) of 43.2 percent in the forecast period 2019-2026. An excerpt from the report description reads:

Deep learning neural networks is a machine learning based technology that is […] used for decision making, diagnosis, solving prediction, decision and problems based on a well-defined computational architecture. [This] technology has wide adoption in various applications such as computer security, speech recognition, image and video recognition to industrial fault detection, medical diagnostics and finance.

The rapidly increasing digitization is boosting [the] global deep learning neural networks market. The digital transformation helps to adapt the advanced technology which provides the ease to collect the data, while the data is important and essential part of the artificial intelligence. The data helps deep learning neural networks to recognize the pattern and [make] the prediction.

Some of the factors which are driving the market are the increased demand of cloud-computing for businesses, and demand for predictive solutions and image recognition is considered as [a] major application for deep learning neural networks. However, less adoption of artificial intelligence-based technologies [resulting] in slow digitization is the restraint that is hampering the growth of the market.

Sam Mowers, Investorideas.com

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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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#Security /#AI Breaking News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Acquires Artificial Intelligence (AI) Company XTRACT Technologies Inc.

#Security /#AI Breaking News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Acquires Artificial Intelligence (AI) Company XTRACT Technologies Inc.

TORONTO, September 9, 2019 (Investorideas.com Newswire ) Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Weapon Detection Platform (“PATSCAN Platform”), is pleased to announce the acquisition of XTRACT Technologies Inc. (“XTRACT”) and all its related interests, assets, and intellectual property for consideration of $6,000,000 and the issuance of 9,422,956 Patriot One common shares (the “Consideration Shares”) to XTRACT’s former shareholders (the “Transaction”). Subject to certain exceptions based on the business of the Company or the performance of the Company’s common share price, the Consideration Shares will be subject to escrow restrictions and released on a quarterly basis over the next twelve consecutive fiscal quarters of Patriot One. The Transaction follows demonstrated success of an ongoing collaborative project between the two firms that was announced in late July 2019.

The XTRACT acquisition is part of an ongoing strategic initiative by the Company to bring together leading-edge technologies and services that will enhance the power of its PATSCAN Platform, which offers a layered, multi-sensor approach to concealed threat and disturbance detection.

Read this in full at

https://www.investorideas.com/news/2019/defense/09091TSXVPAT-XTRACT.asp

“Just over a month ago, we announced a development project with XTRACT, and during this period we’ve already seen great progress in significant opportunities for enhanced detection accuracy" said Martin Cronin, Patriot One’s CEO and President. “With new sales opportunities arising every day for a covertly deployed, multi-sensor security solution, integrating XTRACT more deeply into our development and day-to-day operations made perfect sense. We are thrilled to have this highly talented group join our ranks; as they share our vision for creating a world safer from acts of mass violence.”

The XTRACT team will bring additional leading-edge expertise in artificial intelligence (AI) and machine learning to the Patriot One staff. XTRACT’s novel neural network architecture and data fusion techniques are robust, efficient and require less memory than comparable standards. With several strategic PATSCAN deployment initiatives in progress, including with Johnson Controls International and Bleutech Park-Las Vegas announced over the last month, the Company sees this move as both necessary and a key differentiator for its future platform development.

Following from the acquisition, former XTRACT Chairman and CEO Kevin O’Neill has been retained as an advisor to Patriot One and been invited to join Patriot One’s Board of Directors. Mr. O’Neill has many years of experience investing in growth technology companies, following his early career in investment banking with Merrill Lynch. He has been a private investor and advisor to numerous successful early-stage technology businesses, including among others a telecommunications company acquired by Microsoft.

As a wholly owned subsidiary, XTRACT will continue to operate as its own business unit and under its current brand name. XTRACT will continue to service existing clients, representing several million dollars in committed contract backlog for 2019, along with new business opportunities as further opportunities are presented. XTRACT has previously developed and successfully implemented solutions for military, government, industrial, environmental and transportation clients. Equally importantly, XTRACT’s engineers and data scientists possess security clearance to work on government defense projects.

Patriot One also wishes to announce that Jeffery Tindale has resigned from the Board of Directors effective September 9, 2019 but will remain with the Company as Senior Vice President of Capital Markets. “On behalf of the Company, I would like to thank Jeff for his time and dedication to Patriot One’s Board since inception,” shared Mr. Cronin, President and Chief Executive Officer.

Martin Cronin

President and CEO

Patriot One Technologies Inc.

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL): Patriot One’s mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

About XTRACT - a Patriot One Technologies company

XTRACT develops and commercializes artificial intelligence, machine learning, deep neural network and predictive solutions utilizing its proprietary technology for public institutions and private enterprise. The firm has an award winning, highly skilled team that develops deep neural network technology, which scales and drives how machines learn. The technology is core to the Company’s platform which runs more effective and reliable business solution and applications.

For further information, please contact: Patriot One Inquiries info@patriot1tech.com www.patriot1tech.com

Investor Relations

John Martin

+1 (888) 728-1332

johnm@patriot1tech.com

Media Contacts:

Scott Ledingham, PR Media Now

+1-613-806-7135

scott@prmedianow.com

CAUTIONARY DISCLAIMER STATEMENT:

This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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 : this news release featuring TSX: PAT is a paid for news release on Investorideas.com

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Friday, September 6, 2019

The #AIEye: Accenture (NYSE: $ACN) Announces Expansion of Google Cloud Partnership Into Indonesia, Wipro (NYSE: $WIT) Named #AI Leader

The #AIEye: Accenture (NYSE: $ACN) Announces Expansion of Google Cloud Partnership Into Indonesia, Wipro (NYSE: $WIT) Named #AI Leader

Global #AI in Transportation Market to Grow $1.87 Billion from 2017-2023

Point Roberts WA, Vancouver BC – September 6, 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.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2019/090619-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/09061AIEye-ACN-WIT.asp

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

Stocks discussed: (NYSE:ACN) (NYSE:WIT) (TSXV:DM)

Accenture (NYSE:ACN) has announced the strategic expansion of its global partnership with Google Cloud into Indonesia. The collaboration will provide multi-channel customer interactions, improve data management, create services for hyper-personalization in marketing, sales and services, leveraging Google Cloud's data and AI capabilities, including Accenture's Contact Center AI (CCAI) solution. Seong Kim Ho, Country Managing Director for Accenture in Indonesia, commented:

"Indonesia's growing middle class consumers is the main reason for this expansion to Indonesia. We would like to help clients enable multi-channel customer interactions and improve access to self-service and issue resolution capabilities, while decreasing the cost to service each customer."

Wipro Limited (NYSE:WIT) has been named as a Leader in IDC MarketScape: Worldwide Artificial Intelligence Services 2019 Vendor Assessment. Jayant Prabhu, Vice President and Global Head, Data, Analytics & AI, Wipro Limited, commented:

“Being a leader in AI services market is a testament to our consulting driven approach to enable organizations transform into intelligent enterprises by leveraging our in-depth AI services. We help our customers in this transformation journey by leveraging a strong knowledge ecosystem to build scalable AI/ML capability coupled with innovative execution models such as crowdsourcing.”

Datametrex AI Limited (TSXV:DM) has introduced a Bot Detection service and upgraded its Fake News Filter. The two services dovetail as the Bot Detection service helps improve industry standards for detecting fake accounts on social media and their potential spreading of fake news stories. Jeff Stevens, President and COO of the Company, explained:

“These technology developments are a major milestone for the Company. Datametrex will be one of a select few AI companies that can offer this type of analysis and detection for governments, military, media, marketing and data collection agencies, and corporations to identify and manage fake news. We will never be able to prevent fake news and propaganda so having powerful tools to identify and manage the narrative is key for all stakeholders.”

Global AI in Transportation Market to Grow $1.87 Billion from 2017-2023

A report from Market Research Future finds that the global AI in Transportation market is projected to grow $1.87 billion from 2017 to 2023 with a compound annual growth rate (CAGR) of 18.03 percent in the same period. An excerpt from the market description reads:

AI is the next big technological innovation which is forecasted to revolutionize the transportation industry. The adoption of AI in transportation is predicted to enhance driver and vehicle safety. This is likely to drive the growth of the market in the forthcoming years as around 1.3 million deaths occur in road accidents every year.

Freight transport sector is crucial to the economic growth of a region. The intensified need for its enhanced operational efficiency has further paved the way for the integration of AI into the transportation sector. Additionally, the rising application of AI in railway cargo transportation has opened new avenues for growth opportunities. However, the expensiveness of AI hardware and systems remains an impediment to the market growth.

Sam Mowers, Investorideas.com

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Investorideas.com - Sector Closeup: Technology is driving change in the Automotive industry Stocks (OTCQB: $FNHI) (TSXV: $DYA.V) (OTC: $DYFSF) (NASDAQ: $NUAN) (TSXV: $NNO.V) (OTC: $NNOMF)

Thursday, September 5, 2019

The #AIEye: Breaking #AI Podcast - CEO of VSBLTY Groupe Technologies Corp. (CSE: $VSBY.C) (OTC: $VSBGF) Shares Importance of Energetika Deal

The #AIEye: Breaking #AI Podcast - CEO of VSBLTY Groupe Technologies Corp. (CSE: $VSBY.C) (OTC: $VSBGF) Shares Importance of Energetika Deal

Point Roberts WA, Delta BC, September 5, 2019 Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, reporting on breaking news for VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTC: VSBGF) (5VS.F), a leading retail software and technology company using artificial intelligence.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2019/090319-AI-Eye-VSBLTY.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/09051AIEye-VSBLTY-EnergetikaDeal.asp

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTC:VSBGF) (5VS.F) is uniquely positioned to facilitate the growth of smart city technology in the Latin American market, according to company co-founder and CEO Jay Hutton.

This will be made possible through the company’s just announced three-year agreement with intelligent lighting solutions provider Energetika. VSBLTY is to provide real time crowd analytics and audience measurement for Latin American communities. Hutton explained how VSBLTY’s technology is ideal for the growth of smart cities in the region.

“If you think of smart cities as a three-legged stool: the one leg is information, the second is analytics and the third is facial recognition for the purposes of law enforcement,” said Hutton. “With VSBLTY [having] software solutions to satisfy each of those legs of the stool, we’re in a great position to take advantage of this coming revolution.”

This is achieved through VSBLTY’s proprietary software platform, DataCaptor™, which provides instant information, capturing consumer traffic using advanced optics and sensors to provide objective, real-time, qualitative measurements and analysis of retail venues and other public spaces. And the company’s Vector™ software provides security by detecting persons and objects of interest through facial recognition and weapons detection technology.

Specifically, the agreement will see Energetika’s Efficient Lighting and Smart Energy solutions for residential, commercial and governmental applications incorporate VSBLTY’s security technology that includes crowd analytics and facial recognition. In the press release, Hutton expanded on the application of VSBLTY’s technology and the potential growth afforded by the agreement.

“We will be providing advanced analytics as well as public safety applications including tracking of persons of interest, weapon detection, vehicle and crowd analytics using the power of machine learning and computer vision. This contract is expected to generate more than $10 million USD in SaaS revenue to VSBLTY in the initial three years.”

Hutton said the agreement will not only expose the market to VSBLTY’s technology, but will also make solutions more affordable, allowing the company to scale.

“The most important thing, and the thing we’re most proud of with our […] arrangement with Energetika, is that we’ve really broken the back of high-end surveillance systems from an economic point of view,” Hutton said. “By that I mean that a lot of these solutions, though very capable, were unreachable for municipal governments, residents and neighborhoods. And because of the combination of facilities and infrastructure with lighting, we’ve really made this considerably more attractive and affordable. And because of that we’re able to scale this utility in a very aggressive way, and that’s going to give us a unique growth opportunity.”

Expanding on this, Hutton explained how previously, many cities throughout the world have been prohibited from adopting smart city technology by the sheer cost.

“If you look at the category of smart city and surveillance, it has been historically dominated by the largest cities in the world that leverage very high-end camera infrastructure and technology,” Hutton said.

“The largest cities in Latin America, as an example, could not afford the kind of technology that would be deployed in the largest cities in the world,” Hutton said. “We’ve reached the point, and I think VSBLTY is absolutely a leader in this category, where we’ve driven the price down to the point where not only is it accessible to cities that don’t have that kind of pocketbook, but has the kind of capacity and capabilities that is really broadening the utility and use cases.”

“It’s an important milestone in the growth of the company.”

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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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About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

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Monday, September 9, 2019

The #AIEye: Patriot One (TSX: $PAT.TO) (OTC: $PTOTF) Acquires XTRACT, Cisco (Nasdaq: $CSCO) Completes Voicea Acquisition and NICE (Nasdaq: $NICE) Wins Four Globee Awards for #AI Tech

#Security /#AI Breaking News - Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Acquires Artificial Intelligence (AI) Company XTRACT Technologies Inc.

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Friday, September 6, 2019

The #AIEye: Accenture (NYSE: $ACN) Announces Expansion of Google Cloud Partnership Into Indonesia, Wipro (NYSE: $WIT) Named #AI Leader

Investorideas.com - Sector Closeup: Technology is driving change in the Automotive industry Stocks (OTCQB: $FNHI) (TSXV: $DYA.V) (OTC: $DYFSF) (NASDAQ: $NUAN) (TSXV: $NNO.V) (OTC: $NNOMF)

Thursday, September 5, 2019

The #AIEye: Breaking #AI Podcast - CEO of VSBLTY Groupe Technologies Corp. (CSE: $VSBY.C) (OTC: $VSBGF) Shares Importance of Energetika Deal