Artificial Intelligence
AnalytixInsight Reports 2019 Financial Results
TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), is pleased to announce its financial results for the year ended December 31, 2019.
HighlightsAnalytixInsight’s revenue for 2019 was $3.7 million which compares to revenue of $4.8 million for 2018, representing a decrease of 24%.AnalytixInsight’s net loss for 2019 was $1.7 million which compares to net loss of $2.3 million for 2018, representing an improvement of 27%.Marketwall’s revenue for 2019 was $6.2 million which compares to revenue of $3.8 million for 2018, representing an increase of 65%.Marketwall’s net income for 2019 was $1.5 million which compares to net income of $0.4 million for 2018, representing an increase of 259% (Marketwall is 49% owned by AnalytixInsight and not consolidated in AnalytixInsight’s financial results).The Company is well positioned to continue operations during the COVID-19 pandemic and believes its strategic initiatives – Artificial Intelligence, Workforce Optimization, and FinTech (via Marketwall) – have additional advantage as corporations increase their reliance on digital and data-driven solutions.During the year, the Company expanded its CapitalCube AI-driven research distribution with Refinitiv to provide research coverage on approximately 3,000 dividend-paying companies in Canada, US, and UK. AI-driven content is becoming increasingly important as investors seek additional financial analysis during times of market turbulence and as financial businesses move to embrace AI and analytics as the content cornerstones for their client offerings.AnalytixInsight’s 49%-owned FinTech subsidiary, Marketwall, is a developer of innovative online solutions. The Company believes the need for online banking and online trading platforms will increase as a result of consumer behavior shifts caused by the COVID-19 pandemic and expects Marketwall’s business will additionally benefit from this trend shift. Marketwall has applied to become an online financial broker in Europe and following completion of regulatory approvals, Marketwall expects to initiate a formal process to determine its appropriate valuation within a peer-based context of online brokerage firms with innovative technology and partnerships with world-leading banks. Marketwall has advised the Company that following such process, Marketwall will then raise suitable funds to enable its global growth expansion plans. Completion of this process will allow AnalytixInsight to move forward with a spinout to unlock the value of its Marketwall holdings in an IPO or other such strategies.AnalytixInsight expanded its Workforce Optimization sales and development team during 2019 and is now actively sourcing new opportunities that are emerging as a result of COVID-19 impacts on certain industries. Organizations with field service personnel are increasingly seeking innovative technology solutions to optimize workflow and improve efficiency of on-site visits. The Company believes the use of analytics in the field service management industry is a growing trend, and is designing smart work applications to address this rapidly developing industry trend.Management CommentaryPrakash Hariharan, President & CEO of AnalytixInsight, commented: “We made significant progress during 2019. We expanded our AI-driven research initiative with world-leading data provider Refinitiv, as investors embrace AI as an integral part of their expectations for financial information. We expanded our sales team in our Workforce Optimization division which we believe will be fruitful in the coming months. Our subsidiary, Marketwall, experienced record-breaking growth during 2019 as it advances its FinTech offerings, and we are eagerly awaiting regulatory approvals for Marketwall to become a European financial broker.”AnalytixInsight Selected Annual Financial Information:Marketwall Selected Financial Information:AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated in AnalytixInsight’s financial results.CapitalCubeAnalytixInsight is an established AI-driven content supplier to Refinitiv with ability to provide content on small & mid-cap companies worldwide through its CapitalCube platform, which provides machine-created content with ability to scale. The platform is a powerful analytics engine capable of 100 billion daily computations and currently provides analysis on approximately 50,000 worldwide stocks and North American ETFs.The Company entered an AI-driving research distribution agreement with Refinitiv in 2018 to provide machine-created research on pre-revenue North American companies. During 2019, this strategic initiative was expanded to include reports on pre-revenue companies in Italy, Germany, Hong Kong, and Japan, and to include dividend analysis reports on approximately 3,000 companies in Canada, the US and the UK. CapitalCube’s dividend analysis report provides powerful insights, analysis and scoring regarding a company’s dividend quality, yield, coverage, flexibility, payment history, peer comparisons and sustainability. AnalytixInsight is pleased to be an AI-driven content provider to Refinitiv and believes that its ability to create scalable financial content on worldwide companies is being recognized with increasing importance as global industry leaders embrace analytics within the financial industry. On August 1, 2019, the London Stock Exchange agreed to buy Refinitiv in a US$27 billion transaction to create a global financial markets infrastructure provider with leading data and analytics to Refinitiv’s 40,000 institutions in over 190 countries.Workforce OptimizationAnalytixInsight’s Workforce Optimization division joined the IFS Partner Network in 2018, and during 2019 the Company advanced its sales initiatives in this market. IFS is a world leader in developing workforce optimization enterprise software for global customers who manage service-focused operations. AnalytixInsight plans to explore opportunities with IFS to jointly develop machine intelligence solutions to help organizations maximize operational efficiency, increase revenue, reduce costs, and improve customer satisfaction.The COVID-19 pandemic has disrupted many North American businesses and is disrupting the traditional operations of service-based organizations. They are now seeking innovative solutions for field dispatch, job tracking, and workflow efficiency. Data analytics plays an important role in this shift, which is more easily enabled now that most service technicians use digital-based solutions.The Company’s Workforce Optimization division is a highly skilled systems integration team and the Company will apply an increased focus on this initiative with new solutions and strategies that are emerging as a result of COVID-19.MarketwallMarketwall, a developer of FinTech solutions, is 49%-owned by AnalytixInsight and 33%-owned by Intesa Sanpaolo. On July 15, 2019, the Company announced that Marketwall applied to become an online financial broker (“Marketwall Brokerage”) to offer leading FinTech-enabled services for stock trading, using the Investment Bank of Intesa Sanpaolo as its execution broker. Marketwall Brokerage has requested regulatory approvals for brokerage services initially in Italy with intentions to expand to other European countries. Marketwall Brokerage intends to develop multi-device trading platforms, combining research and financial education.Marketwall was established in Milan, Italy in 2014 by AnalytixInsight as a FinTech company with a focus on stock-trading and financial apps. In September 2015, Marketwall and Intesa Sanpaolo announced a partnership agreement to develop stock-trading apps, and in April 2016 Intesa Sanpaolo acquired 33% of Marketwall.Marketwall has developed leading-edge FinTech solutions which include:Financial portal – marketwall.com offers financial content, news, real-time quotes, and video news stories. As a Samsung Electronics partner, Marketwall’s financial app is pre-loaded on certain devices – such as Smart TVs. Marketwall draws an audience of over 3.5 million monthly views across its digital channels.Mobile Stock-Trading App – launched as Investo in 2018 by Italy’s leading bank Intesa Sanpaolo and facilitated 20% of their customer trading orders shortly after deployment.GlobalMarket – a trading & research platform offering analyst research and stock-trading in one common enterprise digital platform. It is marketed and sold by a leading investment research provider and has already been installed by a leading bank in Western Europe for their approximately 4,000 professional users.Research Portal – an elegant financial research information portal for use by banks and brokerage firms to better serve their institutional buy-side clients. Research reports are organized and summarized in a password-protected portal, allowing a client to quickly search with ease, replacing the cumbersome email-based distribution methods traditionally used.Intesa Sanpaolo is a leading bank in Europe with approximately 11.9 million customers, a network of approximately 4,400 branches throughout Italy, and has emerged as Italy’s first digital bank. Intesa Sanpaolo now reports 8 million multi-channel customers, of which 3 million are now using the Intesa Sanpaolo Mobile banking app with 56 million logins per month on the app alone, and 53 million mobile transactions with the app since the start of 2018. On November 30, 2018, Intesa Sanpaolo announced plans to invest 2.8 billion euros over the following three years to increase the bank’s digitized business to 70%. Mobile is at the heart of the bank’s digital ecosystem. The “app constellation” is centered around Intesa Sanpaolo Mobile, which provides access to banking services, financing, savings and is enhanced with the Intesa Sanpaolo Investo app (developed by Marketwall) that enables customers to trade securities and monitor their investment assets using their mobile device.Complete details of the Company’s financial and operating results are available at SEDAR.com.
CONTACT INFORMATION:Scott Urquhart
VP Corporate Development
[email protected]
Tel: (416) 522-3975ABOUT ANALYTIXINSIGHT INC.AnalytixInsight Inc. is an Artificial Intelligence, machine-learning company. AnalytixInsight’s financial analytics platform CapitalCube.com algorithmically analyzes market price data and regulatory filings to create insightful actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight also designs and implements Workforce Optimization solutions for large global enterprises. AnalytixInsight holds a 49% interest in Marketwall, a developer of FinTech solutions for financial institutions. For more information, visit AnalytixInsight.com.Regulatory StatementsThis press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the growth of the Company’s business operations; the impact of COVID-19 on the Company’s operations; the Company’s financial results; the adoption of AI in various industries; the Company’s ability to spin out or monetize it’s interest in Marketwall, the valuation of Marketwall, Marketwall’s ability to raise adequate capital, Marketwall’s ability to obtain a brokerage licence; the use of the Company’s content by various parties; the impact of the distribution agreement with Refinitiv; the Company’s ongoing relationship with IFS and the Company’s ability to enter into commercial transactions with members thereof; the Company’s ability to expand its content distribution; and the Company’s future performance. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AnalytixInsight Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the Company’s technology and revenue generation; risks associated with operation in the technology sector; ability to successfully integrate new technology and employees; foreign operations risks; and other risks inherent in the technology industry. Although AnalytixInsight has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AnalytixInsight does not undertake to update any forward-looking information, except in accordance with applicable securities laws.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Artificial Intelligence
HUAWEI Innovative Product Launch Unveils Next-Gen Wearables Experience and Seamless Productivity with Tablets
BARCELONA, Spain, Sept. 20, 2024 /PRNewswire/ — On September 19, at the HUAWEI Innovative Product Launch event in Barcelona, Spain, Huawei Consumer Business Group (CBG) unveiled several highly anticipated products, with ‘Fashion Forward’ approach for wearables, including the HUAWEI WATCH GT 5 Series, HUAWEI WATCH D2 and HUAWEI WATCH Ultimate Green. The launch also announced the popular HUAWEI MatePad Pro 12.2-inch and HUAWEI MatePad 12 X tablets, together delivering a new generation of wearable experiences, and upgraded technologies for enhanced productivity and seamless connectivity with brand new tablets.
HUAWEI WATCH GT 5 Series: Leading the Fashion Edge
HUAWEI WATCH GT 5 Series is among the first Huawei smartwatches to introduce the HUAWEI TruSense System, an integrated health and fitness tracking feature that comes with an upgraded sensor and improved algorithms – producing results that are faster, more accurate, and more comprehensive.
Featuring the distinct Sharp-Edged Design and available in a total of 12 different models and in Pro or Standard edition, HUAWEI WATCH GT 5 series is design to lead the Fashion Edge, with the Pro edition made with aerospace grade titanium alloy and nanocrystal ceramic, bringing higher levels of durability.
With the HUAWEI TruSense System, it enables Huawei’s brand new Emotional Wellbeing Assistant, achieving an upgrade in health management to include not just physiological but also psychological management.
The new smartwatch brings new Pro-Level sports features. For golfers and divers, HUAWEI WATCH GT 5 Pro brings Golf Course mode with the inclusion of over 15,000 global golf courses maps as well as Free Diving mode, offering a more comprehensive on-wrist tracker for their sports activities. HUAWEI WATCH GT 5 Pro also comes professional features for Trail Run, such as support for segmentation navigation function, as well as a 10-metre contour map.
The smartwatch offers exceptional battery life, with up to 14 days of usage on the HUAWEI WATCH GT 5 46mm and GT 5 Pro 46mm, and up to 7 days on the HUAWEI WATCH GT 5 41mm and GT 5 Pro 42mm.
HUAWEI Wearable Product Ambassadors: Pamela Reif and Sir Mo Farah
HUAWEI Wearable Product Ambassadors Sir Mo Farah and Pamela Reif made an appearance, with Sir Mo Farah sharing his expertise on running and advanced sports techniques, while Pamela Reif focused on watch design and app courses, showcasing the ‘Light Up Your Rings’ experience.
Pamela Reif expressed her admiration for the new watch stating: “The HUAWEI Watch GT 5 Pro is more than a smartwatch; it’s a style icon that really gives me a Fashion Edge. In addition, Huawei has made some really impressive enhancements to the activity tracking. Join me and Light Up Your Rings every day!”
Sir Mo Farah echoed the sentiment, adding: ” As a runner I care about small details to give me a competitive edge; the enhanced Sunflower GNSS is an absolute gamechanger, while the all new Running Form analysis feature can give any runner insights into how to shave seconds off their personal best.”
HUAWEI WATCH D2: World’s First Smartwatch with Ambulatory Blood Pressure Monitoring Certified by NMPA and MDR
The launch of the HUAWEI WATCH D2 introduced a ground-breaking innovation as world’s first wrist-based, ambulatory blood pressure monitoring (ABPM) device to be certified by NMPA and MDR. This marks a significant step forward in wearable technology, embodying Huawei’s commitment to “Health Forward”.
The watch delivers 24-hour accurate blood pressure measurement, and features the HUAWEI TruSense System for faster and more accurate results.
In terms of blood pressure technology, Huawei already innovated for over nine years, having a long-term partnership with global hypertension experts, including Professor George S. Stergiou, President Elect International Society of Hypertension, and Professor Wang Jiguang, President of the Chinese Hypertension League and so on.
The HUAWEI WATCH D2 features a light and slim design, incorporating an ultra-narrow mechanical airbag and a 1.82-inch large screen. It is only about 1/5 the width and 1/25 the volume of traditional upper-arm electronic blood pressure monitors, making it easy to take blood pressure measurements no matter where you are.
In addition, with a single tap, users can measure up to 9 body indicators and generate a Health Glance report.
HUAWEI WATCH Ultimate green edition: Explore Without Limits
An update to last year’s release, HUAWEI WATCH Ultimate introduces the new Advanced Golf Course Features and the enhanced Expedition Mode, along with a new green edition that combines paradigm-shifting technologies and cutting-edge craftsmanship, embodying the “Adventure Forward” spirit and built for the adventurous at heart.
The new green edition brings an exclusive dual-colour nano-tech ceramic bezel, which requires a more complex manufacturing process to deliver a beautiful white-green colour duo to match the aesthetics.
The all-new advanced Golf Course Mode offers precise analytics and insights for enthusiasts, plays-like distance, shot distance, AI Caddie, and more. As long as a new expedition Route Import feature that integrates with the HUAWEI Health app, allowing users to import routes.
Huawei is dedicated to helping consumers cultivate healthy lifestyle and exercise habits through the global continuation of the “Light Up Your Rings” campaign. By leveraging the Activity Rings and Medal Rewards system, the campaign offers an engaging experience that helps individuals to live a healthier life.
In addition, Huawei’s wearables are always designed to be available for both Android and iOS smartphones, to make its latest health technology innovations and sports tracking features accessible to an even wider audience.
HUAWEI MatePad Pro 12.2-inch: Creation of Beauty
The newest flagship tablet, the HUAWEI MatePad Pro 12.2-inch, is designed to deliver the ultimate user experience focused on creativity and productivity.
Equipped with an innovative Tandem OLED PaperMatte Display, HUAWEI MatePad Pro 12.2-inch delivers an impressive maximum brightness of 2000nits for an authentic viewing experience. Advanced anti-sparkle and nanoscale anti-glare etching technologies ensure a premium, paper-like visual experience.
It comes with the HUAWEI Glide Keyboard, featuring a 2-in-1 stylus and keyboard storage and charging design.
To inspire creativity, the tablet’s GoPaint App offers a wide range of digital creation tools, including the ground-breaking Splatter brushes and Fluid brushes. The FangTian Painting Engine 2.0 supports 8K ultra-large canvas, providing professional-grade tools for artistic expression.
HUAWEI MatePad 12 X: Style Meets Creativity and Productivity
HUAWEI MatePad 12 X is a lightweight flagship model, designed for the younger generation. It boosts productivity, allowing trendsetting users to pursue their dreams while delivering an enjoyable experience.
The new tablet innovate Shimmery Pearlescent Sheen, resulting in a metallic white with colour-changing effects based on lighting. The all-metal device body with integrated seamless design making it stylish and durable.
HUAWEI MatePad 12 X PaperMatte Edition features an Ultra-bright PaperMatte Display, offering superior quality in viewing, writing, and touch, making it ideal for reading and creative work.
On September 19, 2024, Huawei officially launched the GoPaint Worldwide Creating Activity themed “Creative By Nature”. From the kickoff day to December 31, 2024, painting enthusiasts around the world can share their unique digital art works on HUAWEI Community platform.
HUAWEI Reaffirms Commitment to Innovation, Fashion, and Creativity
Alex Huang, Chief Marketing Officer of Huawei Consumer BG, emphasises the brand’s global impact and commitment to innovation. Highlighting Huawei’s commitment to blend cutting-edge technology, fashion, and creativity, into the products, seamlessly integrating them into consumers’ daily lives, the brand continues to inspire consumers through campaigns such as Light Up Your Rings initiative and GoPaint Worldwide Creating Activity.
“We aim to bring innovative products that offer consumers a unique blend of fashion and creativity,” said Alex. “By inspiring our users, Huawei strives to create a more connected and heartwarming world where technology enhances daily living and brings people closer together.”
For more information on the price and availability, please visit: https://consumer.huawei.com/en/wearables/ https://consumer.huawei.com/en/tablets/?ic_medium=hwdc&ic_source=corp_header_consumer
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Artificial Intelligence
INGEEK Recognized in 2024 Gartner Market Guide for Fleet Telematics and 2024 China Hype Cycle for Security
SHANGHAI, Sept. 20, 2024 /PRNewswire/ — INGEEK, a leading provider of innovative intelligent connected vehicle (ICV) technologies, and its Intelligent Connected System (ICS) and Automotive Digital Key have been featured in Gartner’s Market Guide for Fleet Telematics. This recognition highlights INGEEK’s capability to boost efficiency, ensure safety, and enable sustainability in fleet operations and management.
Revolutionizing Fleet Management with INGEEK ICS/Digital KeyINGEEK’s digital key solution establishes connection between the people and vehicle by digitalizing conventional car key into digital twin, which seamlessly integrates with the broader mobility ecosystem and diverse business scenarios.
Business Process Automation with online key sharing, such as contactless pick-up and return.Digital Key Management simplifies key management, reduces administrative overhead, and mitigates the risk of lost or stolen keys.Data Tracking provides insights to fleet performance and health.Enhanced Driver Satisfaction: Convenient features such as proximity lock/unlock provide a seamless driving experience.Securing Connected Vehicles with INGEEK’s Trust Center for AutomotivePreviously, AUGUST 6, INGEEK’s Trust Center was featured in Gartner’s Hype Cycle for Security’s IoT Authentication technology segment. With IoT connections in China projected to reach 8 billion by 2025, robust IoT authentication is critical to protect connected car business-use cases such as V2X communications, OTA, and Digital Key. The Trust Center leverages PKI to ensure top-tier security.
Remarks from Leadership”We’re proud to be recognized by Gartner, which is the global authority in providing industry technology advisory and insights to executives,” stated Steven Shan, CEO of INGEEK. “Our intelligent vehicle solutions prompt the next wave of smart mobility transformations, and this inclusion is a signal to how OEMs and automotive players are leveraging advanced digitalization technologies to connect the people and vehicle together.”
“Our Trust Center offers robust and scalable authentication mechanisms to safeguard connected vehicles against security threats,” added Feng Li, INGEEK’s Head of Cybersecurity BU.
“Gartner’s Market Guide coincides with our vision for a more connected, secure, and efficient mobility market,” continued William Yuan, Director of Strategy at INGEEK. “Our solutions are not just about technological advancements; they are strategic initiatives aimed at optimizing operations, reducing costs, and ultimately helping fleet operators to expand their mobility business offerings.”
For more information about INGEEK and its solutions, please visit www.ingeek.com Media Contact: Ms. Fang at [email protected] Germany Contact: Professor Sachs at [email protected] AP/EMEA Contact: Mr. Yuan at [email protected]
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Artificial Intelligence
Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising
COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.
Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.
With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.
Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.
By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.
As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.
View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html
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