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Wednesday, November 27, 2019

The #AIEye: AWS (Nasdaq: $AMZN) Selected by ProSiebenSat.1 Media, Accenture (NYSE: $ACN) Launches Cloud Platform myNav and NICE (Nasdaq: $NICE) Honored with Two Awards

The #AIEye: AWS (Nasdaq: $AMZN) Selected by ProSiebenSat.1 Media, Accenture (NYSE: $ACN) Launches Cloud Platform myNav and NICE (Nasdaq: $NICE) Honored with Two Awards

Global #AI Market to Reach $190.61 Billion by 2025

Point Roberts WA, Vancouver BC – November 27, 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/11271AIEye-AMZN-ACN-NICE.asp

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

Stocks discussed: (NasdaqGS:AMZN) (OTC:PBSFY) (NYSE:ACN) (NasdaqGS:NICE)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has been selected by Europe’s leading satellite and cable broadcaster ProSiebenSat.1 Media SE (OTC:PBSFY). According to the press release, ProSiebenSat.1 will leverage AWS in “improving the time to market of new applications, and introducing advanced analytics and machine learning (ML) technologies across its organization”. Nick Thexton, Chief Technology Officer of ProSiebenSat.1, said:

“AWS is a key strategic partner who has consistently driven cloud adoption for over a decade and is still setting the pace on what cloud services can do for media businesses. By moving more of our business to AWS and incorporating AWS’s ML services, we are able to enhance our agile software development practices and derive even more value from our large consumer data platforms.”

Accenture (NYSE:ACN) has launched myNav, described as “a cloud platform that helps organizations design and simulate different cloud solutions”. The press release indicates that myNav uses “an automated artificial intelligence (AI) engine to interact with Accenture’s library of collective cloud expertise and recommend an enterprise architecture and solution”. Bhaskar Ghosh, group chief executive of Accenture Technology Services, explained:

“We built myNav based on our knowledge repository of more than 30,000 cloud projects and over 80 industry solutions deployed worldwide in nearly every industry. myNav uses this repository to simulate optimal and scalable cloud architectures and solutions. By providing a more informed view and a calibrated cloud strategy for business transformation, myNav helps clients compete more effectively in today’s data-driven, cloud-enabled economy.”

NICE Ltd (NasdaqGS:NICE) has been honored by the Regulation Asia Awards for Excellence 2019 with two awards, including: “The Best Solution – Trade Surveillance” and “The RegTech Award – AI and Machine Learning.” Chris Wooten, EVP, NICE, commented:

“We have a strong commitment to the Asia Pacific region and are particularly honored to be recognized in these two categories this year. Once again, NICE Actimize’s holistic surveillance solutions emerge as clear leaders when it comes to solving complex challenges. Today’s regulations not only mandate monitoring of all communications across an organization but also require that these rules are addressed quickly and accurately. We continue to infuse our compliance and surveillance solutions with machine learning and other advanced technologies to support our clients as they meet regulatory demands and increase operational efficiency.”

Global AI Market to Reach $190.61 Billion by 2025

A report from Markets and Markets finds that the global AI market will grow to $190.61 billion by 2025 with a compound annual growth rate (CAGR) of 36.62 percent in the forecast period 2018 to 2025. An excerpt from the report description reads:

The market growth is mainly driven by factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants. The major restraint for the market is the limited number of AI technology experts.

Elsewhere, the description outlines why the highest rate of growth is expected from the Asia-Pacific region:

The market in APAC is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing adoption of deep learning and NLP technologies in finance, agriculture, marketing, and law applications in APAC. Moreover, the presence of major players in [the] market ecosystem results in the increasing adoption of these systems in APAC.

Sam Mowers, Investorideas.com

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Tuesday, November 26, 2019

The #AIEye: RedMarlin Positioned for Success Following $10M Funding Round

The #AIEye: RedMarlin Positioned for Success Following $10M Funding Round

Point Roberts WA, Vancouver BC – November 26, 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/2019/112619-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/11261AIEye-RedMarlin.asp

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

AI and deep learning-powered fraud detection company RedMarlin recently raised $10 million USD in a Series A funding round led by Thomvest Ventures and Crosslink Capital. In an interview with Investorideas.com, the company’s CEO and co-founder Abhishek Dubey, along with co-founder and Chief Scientist Shashi Prakash discussed the news. Dubey explained that one of the company’s primary goals was to enhance its free online phishing and fraud detection scanner CheckPhish.ai.

“So, CheckPhish.AI is getting a lot of traction,” Dubey said. “We’re going to make CheckPhish.AI completely self-serve [so] people from anywhere can come and sign up for APIs and start using our technology in whichever way they want to.”

According to its official website:

CheckPhish uses multiple deep learning models under-the-hood to analyze the content of a website. This primarily involves image object detection to identify brand logos, trademarks etc. and Natural Language Processing (NLP) to understand intent of a website. Since CheckPhish analyzes content of a site in real-time, it has much higher accuracy compared to reactive approaches like blacklists or URL/Domain/IP heuristics etc.

In the press release, Dubey commented:

"In today's digital marketplace, phishing and fraud are tantamount security issues to brands. By providing an effective, accurate, and robust automated system, we are already helping companies in the finance, travel, transport, social media, and SaaS sectors grow more confidently, and have a robust strategy in place to continue fueling growth into new sectors.”

RedMarlin Chief Scientist Shashi Prakash outlined how the company’s technology worked to detect and protect against fraud:

“RedMarlin’s platform uses deep learning and computer vision to detect fraud on websites in real time, and it does that by understanding the visual and textual content of the website,” he said. “Along with that, we also analyze the natural language content on the website, so it can understand the intent of the website.”

“With these multiple models we can detect [whether it’s] a scam and the brand it’s targeting.”

Dubey explained the widespread susceptibility to online fraud and counterfeit and the consequent opportunity for the company.

“Crypto is getting affected, travel is getting effected, pharmaceuticals are getting affected,” Dubey said. “We can scale our technology to each one of these verticals without adding hundreds or thousands of people. So we’re very excited for the future of RedMarlin and how we can help customers in different verticals.”

Sam Mowers, Investorideas.com

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Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Acquire U.S. eCommerce Platform to Support North American CreateApp Launch and New Service Offerings for SMBs Globally

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Acquire U.S. eCommerce Platform to Support North American CreateApp Launch and New Service Offerings for SMBs Globally

NEW YORK - November 26, 2019 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech business enablement solutions, has agreed to acquire the assets and operations of Push Holdings, a subsidiary of ConversionPoint Technologies, in a stock transaction.

Weyland anticipates the additional revenue stream, synergistic product offerings and entry into the U.S. market provided by the acquisition will drive more than 100% top-line growth in 2020. Weyland recently reported trailing 12-month subscription-based revenues of more than $32 million and turned adjusted EBITDA positive.

Read this in full at https://www.investorideas.com/CO/WEYL/news/2019/11261US-eCommercePlatform.asp

Founded in 2009, Push Holdings is the owner of the eCommerce technology company, Push Interactive, which has 20 full-time employees headquartered in Minneapolis, Minn. Push's direct-to-consumer eCommerce platform provide an end-to-end solution for SMBs and major brands to dramatically increase online revenue and lower their cost of customer acquisition.

The Push technology platform includes comprehensive customer acquisition capabilities, highly productive media and channel strategies, well-tuned product promotion and messaging, and sales funnel development and optimization. Post sale, Push supports fulfillment, customer relationship management, and further monetization through reengagement and remarketing toolsets that enhance customer life time value (LTV). The company developed these SaaS-based solutions in-house, with more than $10 million invested in platform development and eight years of real-world use.

"This will be a transformative acquisition for Weyland in many respects," said Brent Suen, CEO of Weyland Tech. "Every element of Push's eCommerce platform is highly synergistic to our existing mCommerce technologies, particularly CreateApp and AtozGo. Our respective offerings are mobile-friendly and provide complementary products and services, and our similar technology and revenue models can be seamlessly integrated into a single platform."

The integration of the Weyland and Push platforms is expected to greatly enhance the value proposition for the combined existing and prospective customers. It will create significant cross-selling opportunities, including using CreateApp and AtozPay to support U.S.-based projects and campaigns for existing Push enterprise customers and campaigns.

"Push provides Weyland a well-established beachhead in North America, allowing us to attract new users to CreateApp and AtozPay quickly and cost-efficiently," continued Suen. "This includes greatly reduced customer acquisition costs that we couldn't have achieved on our own. Together, we will be able to better assist businesses and brands to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way."

For CreateApp, U.S. customer acquisition costs previously appeared too high to make entry economically feasible, estimated at $2-$3 per dollar generated. However, by leveraging Push's well-established and highly efficient technology and operational resources, customer acquisition cost is expected to be as little as $0.30 on the dollar. The merger of the two platforms is also is expected to create additional economies of scale for furthering enhancing gross margins.

According to Haig Newton, co-founder, CEO and president of Push Holdings: "Weyland's technology is extremely complementary to the Push Interactive platform. CreateApp requires literally no technical understanding or skills in app design for anyone to build a full-featured custom app in less than two hours. This means we can offer a Shopify-like solution that enables businesses and brands to establish a mobile presence in a DIY fashion. Then with the layered integration of Push, users gain a fully end-to-end mCommerce solution supported by a team of expert digital media marketers that can enhance visibility, traffic and ultimately conversions."

As part of a public company, Push will gain easier access to growth capital and be better able to attract additional employee talent. Push will also be able to leverage the cost efficiencies and diverse capabilities of Weyland's 200-person technology and software development team in Jaipur, India, while Weyland gains extensive technical and software development expertise from Push.

Weyland plans to introduce CreateApp to the U.S. market with a pilot launch planned for the first quarter of 2020. The company sees the North American market supporting a higher price point for subscription fees as compared to its current market in Southeast Asia. A comparative revenue model of a U.S. peer is reportedly supporting 96,000 users at $300 each per month. This compares to CreateApp's present subscription model for Southeast Asia of only $12-$80 per month, depending on modules implemented.

"Our initial work with Push to introduce CreateApp in the U.S. is actually what led to this strategic acquisition, so we have already made significant progress in this regard," added Suen. "We now have a tremendously expanded market opportunity for CreateApp and AtozPay, especially as eCommerce becomes increasingly mobile in the U.S. Our revenue model indicates that U.S. CreateApp subscription revenues alone could exceed $5 million by end of 2020, with this in addition to potential new Push offerings accessed by our existing international SMB customer base, as well as new AtozPay eWallet and mobile pay integrations."

Weyland also expects the acquisition to support its planned Nasdaq up list, while improving liquidity and valuation. It expects Push to be accretive to earnings in the first full quarter as part of Weyland. The acquisition includes approximately $2 million in cash on Push's balance sheet to support the transition and integration.

The acquisition is subject to execution of a long-form purchase agreement that will contain certain closing conditions, with this expected to be completed prior to yearend. Additional details about the transaction are provided in a Form 8-K, available at www.sec.gov and the investor relations section of Weyland Tech's website at weyland-tech.com.

About Weyland Tech

Weyland Tech, Inc. operates as a Fintech focused company and is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, Weyland enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

The company's subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world's fourth most populous country. AtozGo is a fast-growing short-distance food delivery service in Jakarta, Indonesia.

For more information, visit www.weyland-tech.com..

Important Cautions Regarding Forward Looking Statements

This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the ability of the Company to successfully integrate Push, the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Company Contact

Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact

Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team

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. Contact management and IR of each company directly regarding specific questions. Disclosure: Weyland Tech, Inc. (OTCQX: WEYL), is a monthly paying featured tech stock on Investorideas.com .More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp. Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Monday, November 25, 2019

The #AIEye: AWS (Nasdaq: $AMZN) Selected as #AI, Cloud, ML Provider for Seattle Seahawks and FIS (NYSE: $FIS) Integrates IBM (NYSE: $IBM) Safer Payments for Fraud Detection

The #AIEye: AWS (Nasdaq: $AMZN) Selected as #AI, Cloud, ML Provider for Seattle Seahawks and FIS (NYSE: $FIS) Integrates IBM (NYSE: $IBM) Safer Payments for Fraud Detection

Global Conversational #AI Market to Reach $16.2 Billion by 2024

Point Roberts WA, Vancouver BC – November 25, 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/2019/112519-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/11251AIEye-AMZN-FIS-IBM.asp

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

Stocks discussed: (NasdaqGS:AMZN) (NYSE:FIS) (NYSE:IBM)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), is the cloud, machine learning, and artificial intelligence provider for the Seattle Seahawks, according to an announcement today. Chip Suttles, Vice President, Technology, Seattle Seahawks, explained:

“As our official cloud provider, AWS will enable the Seahawks to become a data-driven organization that uses the power of technology to fuel future championships. We chose AWS because of their relentless focus on innovation, their broad array of machine learning services, and proven experience in supporting large sports organizations and enterprises around the world at scale. AWS’s breadth and depth of services will help us to extract and pinpoint every possible advantage from the vast amount of data we collect, delivering the actionable insights we need to positively impact our decision-making.”

FIS (NYSE:FIS) has integrated the Safer Payments fraud detection solution from IBM (NYSE:IBM), leveraging “artificial intelligence and machine learning to monitor and detect fraudulent transactions”. Michael Curry, Vice President, IBM RegTech, commented:

“FIS is taking aggressive steps to protect its clients against new and evolving threats in the industry. IBM Safer Payments uses artificial intelligence designed to deliver insights and to quickly adapt to a changing threat landscape. This technology is yielding successful results for FIS and some of the world’s largest and most complex payment portfolios.”

Global Conversational AI Market to Reach $16.2 Billion by 2024

A report from Vynz Research finds that the global Conversational AI market will grow to $16.2 billion by 2024 with a compound annual growth rate (CAGR) of 29.2 percent in the forecast period 2019-2024. An excerpt from the report description outlines drivers in the market:

Global conversational AI market has been driven by several key factors, predominantly increasing demand for AI-powered customer support services, increasing adoption of artificial intelligence (AI) solutions in customer service application, continuous focus of government on spending in AI-based technologies in developed countries, increasing number of solution providers in the conversational AI market, and positive Return on Investment (ROI) for companies deploying conversational AI solutions.

Another excerpt outlines restraints in the market:

High deployment cost of AI-powered chatbots hindering the adoption in small and medium enterprises (SMEs), and low accuracy of AI Chatbots in handling customer queries are hindering the growth of the conversational AI market, globally.

Sam Mowers, Investorideas.com

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Investor Ideas #BlackFriday Membership Sale – #Stock Directories, Articles, Podcasts in Cannabis, Mining, AI, Crypto, Cleantech and more

Investor Ideas #BlackFriday Membership Sale – #Stock Directories, Articles, Podcasts in Cannabis, Mining, AI, Crypto, Cleantech and more

Point Roberts WA, Delta BC, November 25, 2019 – (Investorideas.com Newswire) Investor Ideas, a leading global investor resource , announces its Black Friday special offer to retail investors. The six month membership (regular price $59) is now on sale for a limited time for $9.99.

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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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Wednesday, November 27, 2019

The #AIEye: AWS (Nasdaq: $AMZN) Selected by ProSiebenSat.1 Media, Accenture (NYSE: $ACN) Launches Cloud Platform myNav and NICE (Nasdaq: $NICE) Honored with Two Awards

Tuesday, November 26, 2019

The #AIEye: RedMarlin Positioned for Success Following $10M Funding Round

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) to Acquire U.S. eCommerce Platform to Support North American CreateApp Launch and New Service Offerings for SMBs Globally

Monday, November 25, 2019

The #AIEye: AWS (Nasdaq: $AMZN) Selected as #AI, Cloud, ML Provider for Seattle Seahawks and FIS (NYSE: $FIS) Integrates IBM (NYSE: $IBM) Safer Payments for Fraud Detection

Investor Ideas #BlackFriday Membership Sale – #Stock Directories, Articles, Podcasts in Cannabis, Mining, AI, Crypto, Cleantech and more