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Deep Learning Basics: Learn How to “Unlock” Your Data

Industry leaders estimate that nearly 80 percent of organizational data is dark – siloed in individual storage locations and buried under outdated or redundant content. As a result, teams often miss critical information needed to drive innovation, improve services and stay ahead of the competition.

This scenario has caused organizations across industries to struggle to make use of their rapidly growing data sets. For example, a hospital creates an average of 50 petabytes of data a year. Of that data, nearly 97 percent of it goes unused. Yet, these organizations still invest significantly in storage and analytics that only get to a fraction of their data. For example, cloud storage spending alone is expected to reach 137.3B by 2025.

When considering deep learning and artificial intelligence, most think of future-looking capabilities like fully autonomous “hands-off” operations. While these capabilities show promise, they are often only implementable for organizations with a very mature machine learning department. However, there are semi-autonomous solutions available where deep learning is making an impact for companies of all stages – particularly in enabling individuals and organizations to unlock and operationalize challenging data sets.

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RealWear Raises $23.5 Million to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business

RealWear, the world’s leading provider of assisted reality solutions for frontline industrial workers, announced that it closed its Series C for $23.5 Million. Led by Foundry Group, the new raise enables RealWear to shift and expand from a hardware-centric to a platform-centric company, creating even deeper connections to, and value for, its global customers.

“The funding marks the next stage of growth for the business, as we provide technology for frontline workers toward a vision of assisted intelligence where contextual data for the frontline leads to better decisions, ultimately improving operational productivity and safety,” said Andrew Chrostowski, Chairman and CEO, RealWear.  “In addition to building new hardware, we will use these new funds to grow a unified software and services platform across our human-centric wearable products.  Expect more game-changing tech to come.”

Currently, 41 of Fortune 100 companies are using RealWear devices for business resiliency, productivity, training and employee engagement including Mars Petcare, Goodyear, Colgate-Palmolive and ExxonMobil. RealWear partners will be able to tie into our cloud systems to improve their understanding of app performance and aggregate device utilization.

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Digital Thread of Life Sciences: Building Bridges with Software Solutions – Podcast

Tom’s special Guest this week is Chris Chambers, Solution Architect at Pangaea Solutions Inc, and Partner of Endeavor Consulting Group, LLC,. Chris discusses enterprise solution implementations for life science companies. Tune in!

During the discussion Tom finds out more about how digitization is impacting the Life Sciences industry. Pharmaceutical companies have been primarily paper-based and digitization can potentially speed up drug creation. By connecting all the various systems like digital threads, the entire process will be more conducive to streamlining clinical phases.

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Vyasa Layar Now Available on SAP Store

 Vyasa Analytics LLC, an innovative provider of highly scalable deep learning AI analytics software for healthcare, life sciences, and business applications, announced today the availability of its Vyasa Layar offering on SAP® Store, the online marketplace for SAP and partner offerings. Through Vyasa Layar data fabric, users can connect to Sybase® and to SAP Business Technology Platform (SAP BTP) with SAP HANA® to create a unified data experience regardless of data format or storage location.

Vyasa’s offering accelerates the discovery of actionable intelligence by improving the accessibility and visualization of organizational data. Its deep learning data fabric, Vyasa Layar, unifies data across disparate silos, regardless of where data are stored or structured, and without requiring a data lake. When connected to SAP environments such as SAP HANA, Vyasa Layar is able to create a harmonized data experience for customers to extract critical insights from both structured and unstructured content within a single platform. Recently, Vyasa collaborated with SAP to provide a public sector client with a data fabric solution that unifies silos of unstructured content with structured customer data in SAP HANA to enable a paradigm shift in their analytics capabilities that will help improve financial forecasting and customer interactions.

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Marketing Data Integration Solution from Adverity, Now an SAP Endorsed App, Available on SAP® Store

Adverity, the leading data integration platform for marketing, sales, and e-commerce teams, announced today that its Marketing Data Integration solution is now an SAP-endorsed app, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises. Endorsed apps are meant to deliver value with desired outcomes.

lexander Igelsböck, CEO at Adverity, commented: “For our solution to be recognized as an SAP Endorsed App is a huge achievement that clearly demonstrates the enormous value Adverity has for SAP customers. As marketing evolves, the need for data-driven marketing decisions that drive performance is becoming ever more acute, and automated data integration is a crucial step in businesses becoming more analytically and data mature.”

SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing, and measurements against benchmarks results. Adverity’s solution integrates with SAP Business Technology Platform (SAP BTP) using SAP Data Warehouse Cloud and SAP Analytics Cloud, allowing businesses to harmonize their data and then push it into the SAP Data Warehouse Cloud.

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Blockchain-agnostic identity service Spherity gets investment from Gründerfonds Ruhr

Spherity, a blockchain-agnostic identity cloud service, has announced that Gründerfonds Ruhr, a private venture capital fund has joined its latest investment round alongside existing investors, High Tech Gründerfonds, and SeedCapital Dortmund.

With Gründerfonds Ruhr as a partner, the Spherity team will get tangible business expertise and industry access from various prominent international cooperations.

The funds will be used to strengthen the development of Spherity’s decentralized identity management technology and enable secure and trusted business and supply chain operations.

Jan Gräfe, Managing Director of Gründerfonds Ruhr, said, “Spherity is a pioneer in the field of decentralized identity management software and well-positioned in a market that is just about to take off. Hence, we are delighted to join the greater team of Spherity and become part of this exciting journey.”

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Anthill, A Text Messaging-Based Platform Supporting Deskless Workers, Announces Win at 2022 SXSW Pitch Event

Anthill, a text messaging-based platform supporting deskless workers, has been named the 2022 winner of the Future of Work category at the 14th annual South by Southwest (SXSW) conference in Austin, Texas. One of just 9 category winners, and 45 finalists to present the most innovative tech from around the world, Anthill made its pitch on March 12 to a live audience which included a panel of expert judges.

“It was an amazing experience to represent and win in our category at SXSW,” said Muriel Clauson, Co-founder and CEO of Anthill. “It was an honor to present our tech among the world’s best innovators. Hearing their pitches was inspiring and will only encourage us to continue to challenge how we develop tech for deskless workers.”

According to SXSW Pitch event producer Chris Valentine, Anthill represents one of the 50% of company startups in the tech sector this year with at least one female founder. The Anthill SXSW pitch team included Clauson, CTO Young-Jae Kim, and Marketing & People Ops Leader Jennifer Harris-Kroll.

“We started this company for the 2.5 billion workers who lack access to employer support because they don’t work at computers,” said Clauson. “It was exciting to see the judges and audience resonating with the importance of building for this population.”

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Three SAP.iO Startups Named to CB Insights’ Retail Tech 100

The Retail Tech 100 is CB Insights’ annual ranking of the 100 most promising B2B retail tech companies in the world. This year’s winning companies include vendors working on hyper-personalized shopping experiences, blockchain-powered commerce, autonomous delivery, virtual shopping, and more.

The following SAP.iO startups were ranked this year:

  • Supply Chain Visibility: Shippeo
  • E-Commerce Logistics & Fulfilment: parcelLab
  • E-Commerce Merchandising & Discovery: Constructor.io

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

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GraphQL developer platform Hasura raises $100M Series C

Hasura, the company behind the popular open source Hasura GraphQL Engine that can turn virtually any database into a GraphQL API, today announced that it has raised a $100 million Series C funding round led by Greenoaks. Previous investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures also participated in this round, which brings the company’s total funding to $136.5 million and its valuation to $1 billion.

As Hasura CEO and co-founder Tanmai Gopal told me, the company has seen its growth accelerate over the course of the last 18 months since it raised its $25 million Series B round. As developers are increasingly tasked to build applications on top of an ever wider range of data sources, they are looking for a service like Hasura.

“The enterprise developer is just absolutely bogged down with complexity,” he said. “They’re just completely deadlocked. They’re like, ‘man, I have like a thousand models in this legacy data system. I have a bunch of new stuff that is ML/AI enriched in this new system. I have these legacy APIs. And all I really want to do is modernize my application screen so that somebody can see their billing history.’ […] What Hasura does, is say: We make this data access self-serve. We’ll automate this. We’ll give you an API that is flexible, it’s secure and it’s an API that you love — it’s a GraphQL API — and we’ll automate that.”

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BigID Announces Splunk Ventures Investment to Extend Data Management Innovation

BigID, the leading data intelligence platform that enables organizations to know their enterprise data and take action for privacy, security, and governance, today announced Splunk Ventures is investing in BigID’s next phase of growth and innovative technology development.

Splunk Ventures is the corporate venture capital arm of Splunk Inc., the data platform leader for security and observability, and is dedicated to investing in organizations that expand and enhance the value of business data to drive outcomes. BigID is an innovator in data intelligence, with an ML-powered enterprise platform that reimagines data management for data discovery, privacy, security, and governance. BigID helps customers proactively manage and protect their data, reduce risk, and get more value from their data.

Data drives the world, and as digital transformation and cloud initiatives continue to accelerate, BigID’s modern approach to data management is purpose built to address the challenges of today’s data landscape. With BigID, customers can make better decisions with their data, achieve compliance, scale with evolving data privacy and protection landscape, and ultimately reimagine how they manage their data.

“Now more than ever, organizations need clearcut ways to harness their data to drive innovation while also remaining compliant and secure,” said Varoon Bhagat, vice president of Corporate Development for Splunk. “Our investment in BigID is the latest example of our commitment to transform data into business value and remove the barrier between data and action.”

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Wandelbots raises another $84 million to teach robots without code

Dresden, Germany-based Wandelbots has raised a healthy sum in the years since it appeared on our Disrupt Berlin stage, way back in 2017. The following year, the no-code robotic software firm raised $6.8 million, followed by another $30 million in June 2020, as excitement around automation continued to build as COVID slowed manufacturing to a crawl.

Today the firm returns with a healthy $84 million Series C, putting its funding well north of $100 million to date. This latest round was led by Insight Partners and featured a slate of existing investors, including 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT.

Wandelbots’ mission is a deceptively simple one, and something a number of firms are pushing to solve in the space. Can a robotic software layer lower the barrier of entry for deploying robotics in a factory setting? Specifically, how can a firm deploy a robotic army without the need for a lot of outside help, significant sums of money and/or robotic coding know-how? The company’s solution involves a “Trace Pen,” which an instructor uses to mimic a motion and train the robot in the process. The motion can then be fine-tuned on the software without coding.

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Alternative Data: Why You Need it & Where to Start

Today’s most critical asset in helping companies make better strategic decisions? Data. And in order to be a successful data-driven company with a competitive edge, internal data just won’t cut it. Companies must incorporate alternative data sources into the mix in order to take advantage of data-based insights, identify microtrends before they become exponential, and to successfully make key strategic business decisions. A perfect example of an alternative data source to tap into? Insights generated by SAP Partner NWO.ai whose solution harnesses machine learning techniques and human metadata to identify global cultural shifts early and throughout the lifecycle of trends.

The biggest challenges facing the alternative data era

As the complexity of companies and their source systems are growing at a rapid pace, business leaders are facing extreme difficulty in effectively managing these expanding systems of data. The complicated and time-consuming onboarding of data is simply not an option for organizations that need to operate efficiently and with agility. Organizations need a seamless and simple solution for accessing and onboarding data, while simultaneously preparing their systems for the cloud.

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NWO.ai Selected to Participate in Season 7 of La Maison des Startups LVMH

NWO.ai, a leading strategic intelligence platform that is revolutionizing the future of external data for enterprises, announced it has been selected to participate in season 7 of La Maison des Startups LVMH.

La Maison des Startups LVMH is a unique initiative in the luxury industry, helping fast-track industry startups to navigate LVMH Group and start new conversations with Maisons on a global scale. The program welcomes international startups each year to drive business with LVMH Maisons and build the future products and services of the luxury industry.

NWO.ai’s participation in this exclusive program will enable LVMH Maisons to potentially spot emerging consumer trends and understand the drivers behind them before these trends become exponential. Further, these advanced capabilities will give LVMH Maisons the ability to leverage these insights from disparate alternative data sources with zero setup time.

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Office leasing proptech Estie completes $9m Series A

Estie, a Japanese proptech operating an office leasing and rental office matching service, announced raising a approximate ¥1 billion ($8,750,000 USD) Series A, according to TechCrunch Japan. The company says it will use the funds to strengthen its HR team recruitment and plans to expand both its product and operation departments in order to build, develop and support its multi-product commercial real estate offering.

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Lixo raises €3.5 million from Demeter Partners, Raise Seed For Good and 50 Partners

Lixo, a Paris, France-based SAAS developer of analytics tools for the waste management and recycling industries, announced closing a seed funding round at €3.5 million ($4M).

The money was raised locally from France from investors including Demeter PartnersRaise Seed For Good and 50 Partners, joined by angel investor Amaury Bierent (Ovive and Optyma).

Lixo, founded in 2019 by CEO Marjorie Darcet, developed technological solutions for the waste management industry, helping with waste tracing and recovering it. The tools uses computer-vision and sensors in order to sort the waste and analyze its quality composition in real time. The company says it works with french partners, including waste collectors such as Veolia and Brangeon, sorting centers such as Tiru, ​​Sotraval, Kerval, recyclers Norske Skog , Freudenberg, Wellman and cross-functional and national players such as Citeo or Valorplast.