Artificial Intelligence
Loop Insights Achieves 100% Success in Delivering First Ever Fully Integrated “Venue Bubble” in Live Environments at NCAA College Basketball Tournaments. Live Demonstrations Lead to Significant Discussions About Largest North American Sporting Events in 2021
VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement and automated venue tracing to the brick and mortar space, is pleased to announce the successful execution of its “Venue Bubble” solution in two separate live environments hosting NCAA Division 1 basketball teams.
Loop Insights CEO Rob Anson stated, “There is simply no way to overstate the implications of our live environment Venue Bubble successes in Florida and Las Vegas over the past 10 days. With the whole world watching, including professional sports leagues and teams, college sports leagues and teams, world-renown venues and hospitality companies, Loop hit it out of the park and provided the world with the empirical data necessary to demonstrate our bubble solution is nothing short of world-class. To this end, we have already commenced significant discussions regarding the possibility of Loop protecting and helping to re-open some of North America’s largest sporting events in 2021.”
On October 8, 2020, Loop Insights announced it was selected as the Premier Venue Tracing and Fan Engagement Solution for NCAA College Basketball #VegasBubble in Las Vegas, where games are being played at MGM Grand Garden Arena, Mandalay Bay Events Center, and T-Mobile Arena between November 25 and December 22, 2020.
On November 9, 2020, Loop Insights announced it would Implement the First-Ever Fully Integrated “Venue Bubble” ( End-To-End Testing, Contact Tracing, and Alert Notifications) at the #BeachBubble NCAA College Basketball Tournament in Fort Myers, Florida, hosting 14 NCAA Division I men’s and women’s basketball teams in November and December that are playing at both Hertz Arena and Alico Arena (FGCU) while lodging at the Hyatt Regency.
The #BeachBubble implementation represented the first-ever end-to-end COVID-19 venue solution in a live environment and a major industry milestone given the global demand for venue solutions from enterprise-level organizations around the world. It was naturally extended to #VegasBubble.
bdG Sports CEO, Brooks Downing stated, “We are very excited with the performance and success of both Fort Myers and the Las Vegas Bubbles. The Loop Insights platform provided a great level of security while providing a very user-friendly experience for our participants. We look forward to working alongside Loop in upcoming future events.”
DATA CONFIRMS 100% SUCCESS AT BOTH #BEACHBUBBLE AND #VEGASBUBBLE TOURNAMENTS
With the #BeachBubble tournament having commenced earlier, the following interim statistics from that specific event can be shared with the public, similarities to which are also being generated at #VegasBubble.
Total Locations – 14
Total Enrolled Users – 553
Total Check-Ins – 3,830
Contact Tracing Checks – 2 reports had to be generated for potential infected cases, with tests confirming both were negative.
Conclusion – The Loop Insights Venue Bubble solution was 100% successful in containing the bubble. Moreover, the system did not suffer any outages and user experiences proved to be as seamless as anticipated, leading to overall satisfaction levels surpassing participant expectations and even Loop’s loftiest internal expectations.
SUCCESS OF VENUE BUBBLES CREATES SIGNIFICANT VISIBILITY AND OPPORTUNITY FOR LOOP #TRAVELBUBBLE SOLUTION SUPPORTED BY APPLE AND GOOGLE WALLET
As the resort convention capital of the world, the #VegasBubble provided Loop with the best possible opportunity to showcase its #TravelBubble solution for the global hospitality and travel industry, the latter of which is set to lose $USD 3.3 Trillion as a result of COVID-19.
To this end, Loop has completed all development and applications for the successful launch of its #TravelBubble solution that is completely embedded into one simple user interface – supported by Apple and Google wallet. Specifically, Loop provides a digital Wallet to users and assigns a digital ID to each user for the highest levels of security. Travelers are then able to upload COVID-19 testing results, vaccination certificates, boarding passes, airline loyalty rewards or points, travel insurance, driver’s license, and payments in one interface.
LOOP IS FIRST TO MARKET WITH OPERATIONAL PLATFORM
This complete and ready to deploy solution has garnered greater attention, as a result of the Company’s Venue Bubble success, from large global players who are only beginning to build their solutions, such as IATA, aiming to launch a cross-border solution in the first quarter of 2021.
Loop not only is first to market with a complete operational platform built for deployment, it is also the first to successfully execute its solutions in a large, active, and live environment thanks to the success of the #BeachBubble and #VegasBubble.
This is critical given the fact airlines, who can no longer wait for governments to scale back blanket quarantines to re-build their businesses, have taken the lead to partner directly with hotels and destinations to launch their own private bubbles.
Rob Anson stated, “We are bringing a plug-and-play solution that can plug into any existing platform today. Recent high-level discussions within the airline industry confirm our advanced level of preparedness. Furthermore, we also meet the needs of the various travel bubbles and governments with public health officials looking to endorse the re-opening of economies, including the safe reopening of borders.”
As a result, Loop believes an exponential opportunity to license its entire platform or pieces of it to many potential clients such as IATA, Hotel Chains, Airlines, and Government.
LOOP TRAVEL BUBBLE SOLUTION SOLVES CURRENT QUARANTINE REQUIREMENTS THAT ARE SHUTTING DOWN INTERNATIONAL TRAVEL
As a result of the COVID-19 Pandemic, mandatory 14-day quarantine periods, and the lack of any travel bubble solutions that could reliably track and mitigate the global spread of the virus by plane or cruise ship, countries have been forced to take drastic measures that are leading to significant damage of the global travel industry.
Specifically, as of today, travel restrictions by country are as follows:
50 countries are completely closed
123 countries are partially open with MANDATORY quarantine upon arrival
(Source – https://www.ca.kayak.com/travel-restrictions)
With governments beginning to use rapid testing as a means of limiting the risks of COVID-19 importation when re-opening their borders to travelers without quarantine measures, Loop provides a means to ensure closed-loop COVID-19 testing and proof of vaccination is available for all international travelers, as well as, the information flow infrastructure needed to enable it.
$3.3 TRILLION IN LOSSES FOR GLOBAL TOURISM INDUSTRY
Without a solution to replace the drastic travel measures currently in place around the world, the United Nations Conference on Trade and Development (UNCTAD) reported that COVID-19 may cost the world tourism sector losses of US$ 3.3 trillion.
In Canada alone, according to Statista, the Canadian tourism industry contributed close to $40 billion to the economy in 2019. This year, the COVID-19 pandemic has had devastating consequences for the industry.
This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions, and engagement with management https://agoracom.com/ir/LoopInsights
About Loop Insights: Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network.
For more information, please contact:
Loop Insights Inc. | LOOP Website: www.loopinsights.ai | |
Rob Anson, CEO | Facebook: @LoopInsights | |
T: +1 877-754-5336 Ext. 4 | Twitter: @LoopInsights | |
E: [email protected] | LinkedIn: @LoopInsights |
Forward-Looking Statements/Information:
This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.
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
Heimdal to Showcase Widest Cybersecurity Tech Stack at Infosecurity Europe 2024
LONDON, May 23, 2024 /PRNewswire/ — Heimdal® is excited to announce its participation in Infosecurity Europe 2024, taking place from 3–4 June 2024 at ExCel London.
Attendees are invited to visit Heimdal’s booth for an exclusive opportunity to engage with industry-leading cybersecurity experts, experience live demonstrations, and enjoy engaging presentations.
Event Highlights
Personalized Experience and Meet & Greet
Visitors to the Heimdal booth will receive a warm welcome and a personalized tour of our latest cybersecurity solutions.
Those attending on the first day will have the unique chance to meet our Chief Enhancement Officer, who will be on hand to give mind penetration tests to guests.
Event Countdown
The countdown to Infosecurity Europe 2024 is underway, and we are thrilled to share this journey with the cybersecurity community. Follow Heimdal’s LinkedIn page to see how you can make the most of the event, with tips, tricks, and promos posted each day: https://www.linkedin.com/company/heimdal-security/ .
As InfoSec emphasizes, “Together, we can rethink the power of infosecurity and discover what that means for you.”
Top Reasons to Visit Heimdal at Infosecurity Europe 2024
1. Take the Mind Penetration Test
Test your security against our Chief Enchantment Officer, a prestigious member of the Inner Magic Circle. Challenge your limits and see if your defenses can withstand his expertise.
2. Face-to-Face Product Demos
Experience Heimdal’s solutions live with our experts. Engage in interactive sessions, ask pressing questions, and get hands-on with our cybersecurity tools.
3. Live Edutainment Shows
Join us for five engaging shows that combine education and entertainment. Learn new cybersecurity tactics from our enthusiastic hosts.
4. Discover Unexpected Solutions
Visit Stand D140 to find innovative solutions you didn’t know you needed. Forge new connections and explore the future of cybersecurity with Heimdal.
Agenda and Speakers
Heimdal’s team will present a series of edutainment shows covering pressing cybersecurity topics:
Value Realization for the Enterprise
Learn to use data-driven evidence for governance alignment, risk mitigation, and security program efficiency. Overcome reporting challenges and enhance your cybersecurity strategy.
Detonating Ransomware LIVE at InfoSec
Analyze 2024 ransomware trends and witness a live ransomware detonation. Gain insights into effective countermeasures to combat this pervasive threat.
Time is of the Essence – Mastering Patch Management
Discover the importance of Patch Management, best practices, and automation strategies to keep your systems secure and efficient.
Navigating Privileged Access: To Admin or Not to Admin?
Explore Privileged Elevation and Delegation Management (PEDM) and understand the strategic impacts of admin rights management with case studies and industry insights.
DNS Security – The First Line of Defense
Understand the critical role of DNS security, address key vulnerabilities, and learn the latest advancements to protect your infrastructure from DNS attacks.
Meet Our Experts
Ross Duncan, Director of Customer Success
Experienced post-sales leader with 15 years of building functions from scratch. Successfully recruited and led teams, delivered major projects, optimized processes, and set business vision at the executive level. Passionate about showcasing value within the customer base.
Imran Rai, Technical Success Manager
Success-focused executive with 20+ years in cybersecurity and IT. Built and led teams, advised C-level executives, and aligned technical needs with business goals. Passionate about staying ahead in technology and security, delivering value at every step.
Join us at Infosecurity Europe 2024 to discover how Heimdal can enhance your cybersecurity posture with innovative solutions and expert guidance.
Learn more here: https://heimdalsecurity.com/infosecurity-europe-2024
Press Contact
Danny Mitchell Head of Content & PR Email: [email protected]: 07999498241
About Heimdal
Founded in Copenhagen, Denmark, in 2014, Heimdal empowers CISOs (Chief Information Security Officers), Security Teams, and IT admins to enhance their SecOps, reduce alert fatigue, and be proactive using one seamless command and control platform.
Heimdal’s award-winning lineup of more than 10 fully integrated cybersecurity solutions spans the entire IT estate, enabling organizations to be proactive, whether remotely or onsite.
This is why their range of products and managed services offers a solution for every challenge, whether at the endpoint or network level, in vulnerability management, privileged access, implementing Zero Trust, thwarting ransomware, preventing BECs, and much more.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/heimdal-security/r/heimdal-to-showcase-widest-cybersecurity-tech-stack-at-infosecurity-europe-2024,c3986779
The following files are available for download:
https://mb.cision.com/Main/22623/3986779/2817326.pdf
Meet, Greet, and Discover What the Widest Cybersecurity Tech Stack Can Do For You with Heimdal at Stand D140
https://news.cision.com/heimdal-security/i/heimdal-at-infosecurity-europe-2024,c3303360
Heimdal at Infosecurity Europe 2024
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Artificial Intelligence
CME Acquires EdTech Innovator Augmental, Leading a New Era of Educational Transformation
DUBAI, United Arab Emirates, May 23, 2024 /PRNewswire/ — CME, an international leader in technology solutions, has announced the acquisition of Augmental, a cutting-edge EdTech company. This strategic partnership combines CME’s technological expertise with Augmental’s innovative tools to transform the education sector.
“This strategic alliance enhances our service offerings and reinforces our commitment to driving digital transformation in education on a global scale. The aim is to ensure that digital solutions remain at the forefront of educational strategies and practices,” said Wissam Youssef, CEO of CME Offshore.
This acquisition represents a pivotal step towards creating a comprehensive ecosystem of educational services and tools. The new entity will offer a fully integrated suite of solutions designed to enhance every aspect of the learning journey and cater to various stakeholders within the educational sector.
The collaboration between CME and Augmental is set to dismantle traditional barriers in education. By leveraging CME’s global network and merging their robust tech infrastructure and exceptional customer support experience with Augmental’s innovative AI-based tools, Augmental, the new EdTech arm of CME, will deliver personalised learning experiences, streamlined content creation and delivery, advanced analytics, and management tools. This partnership will transform educational access and effectiveness on both a regional and global scales.
Existing organizations using CME technologies now have access to an AI-powered LMS with unique features, while companies and training institutions using Augmental LMS are able to expand their tech stack with CME’s solutions.
“Joining CME marks an exciting new chapter for Augmental. It is more than an acquisition; it is a strategic alliance set to elevate the educational journey for learners everywhere. We look forward to continuing our mission to transform education and support our clients with pioneering solutions,” said Paul Barakat Diab, CEO of Augmental.
With a deep understanding of the education market, Augmental’s team brings invaluable expertise to the digital education sector. Their experience is crucial in innovating and developing targeted solutions that address the unique challenges and opportunities within the educational landscape.
Paul Barakat Diab and Elie Nahas, the founders of Augmental, will continue to lead and innovate within the newly formed entity. Their ongoing leadership underscores a shared commitment towards education, combining the strengths of both companies to establish new standards of educational excellence and innovation.
“Education is the cornerstone of progress and growth,” concludes Carole Alsharabati, Founding Partner at CME. “By equipping learners with next-gen tools, we are not just enhancing learning experiences; we are empowering them to shape the future.”
About AugmentalAugmental is an AI-powered, white-labeled learning platform that empowers educational institutions and course creators by offering next-generation personalised learning experiences, intelligent content creation, and data-driven analytics.www.augmental.education
About CMECME is a multinational enterprise offering premium technology services and solutions. Over the years, CME has helped 100+ global clients, including renowned Fortune 500 companies, become leaders in their fields. The company’s end-to-end solutions and comprehensive services cover Enterprise Application Services, Data & Analytics, User Experience, Artificial Intelligence, the Internet of Things, and DevOps. With a skilled team across 8 locations, CME has delivered 300+ innovative and impactful projects, contributing to 8 US Patents and serving 80 million users daily.www.gotocme.com
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Artificial Intelligence
Info-Tech Research Group Reveals Dr Timnit Gebru and Meredith Whittaker to Be Keynote Speakers at LIVE 2024 IT Conference
The annual Info-Tech LIVE conference provides CIOs and IT professionals with practical insights to drive technology-led transformations, impact business outcomes, and accelerate their professional careers over the coming year. The first round of anticipated keynote speakers for the September 2024 conference has been formally announced by the global research and advisory firm.
LONDON, May 23, 2024 /PRNewswire/ — Info-Tech Research Group, a global leader in IT research and advisory, has announced the first two highly anticipated keynote speakers for Info-Tech LIVE 2024: Dr Timnit Gebru and Meredith Whittaker. Info-Tech LIVE 2024 will provide leaders and industry professionals with unparalleled insights into the latest advancements in AI and Exponential IT. The prestigious annual three-day conference, which brings together global CIOs and IT professionals across diverse industries, is scheduled from September 17 to 19, 2024, at the iconic Bellagio in Las Vegas.
Dr Timnit Gebru, a pioneering computer scientist and advocate for ethical AI, is the founder and executive director of the Distributed AI Research Institute (DAIR), focusing on the impact of AI on marginalised communities. Dr Gebru is known for her groundbreaking work on the ethical implications of AI and her advocacy for greater diversity in the tech industry. Meredith Whittaker, a leading voice in AI policy and president of the Signal Foundation, has been instrumental in advancing secure communication technologies and data transparency. As the cofounder of the AI Now Institute, Whittaker’sWhittaker’s efforts have significantly influenced responsible AI practices and major policy reforms.
‘We are excited to welcome Dr Timnit Gebru and Meredith Whittaker as keynote speakers at Info-Tech LIVE 2024,’ says Gord Harrison, senior vice president of research and advisory at Info-Tech Research Group. ‘Their contributions and work in AI and technology ethics will offer our attendees unique perspectives and invaluable insights. By engaging with these influential leaders, participants will gain a deeper understanding of the profound impact of AI and Exponential IT on the future of technology and how to harness these innovations to drive their organisations forward.’
Special Keynote Speakers for LIVE 2024:
Dr Timnit GebruFounder & Executive Director, The Distributed AI Research Institute (DAIR)A trail-blazing computer scientist, Dr. Gebru is renowned for her efforts to reduce the potential negative impacts of AI. As the former co-lead of Google’s Ethical AI research team, Dr Gebru’s departure from Google after authoring a pivotal research paper on the risks of large language models (LLMs) ignited a labour movement, resulting in the formation of the first tech workers union at Google.
Meredith WhittakerPresident, Signal FoundationAs a cofounder of New York University’s AI Now Institute, Whittaker’s work has helped shape global AI policy. During her decade-long tenure at Google, she founded its Open Research Group and cofounded M-Lab, the world’s largest open data source on internet performance. Whittaker gained notable recognition as a key organiser of the Google walkouts and for her role in a protest against Google’s involvement in a military drone AI surveillance program.
‘Through cutting-edge insights and research, this year’s gathering of global experts will address the most pressing opportunities and challenges in today’s tech landscape,’ adds Harrison. ‘We are looking forward to welcoming distinguished CIOs, speakers, and partners to Las Vegas this September. Together, we will explore the future of AI, ethical considerations, and the exponentially evolving landscape of technology.’
Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024.
Updates and new details about speakers, agendas, and exclusive event experiences can be found via LinkedIn and Twitter over the coming months.
Media Passes for Info-Tech LIVE 2024Taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas, this premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to cover the insights presented at Info-Tech LIVE or to gain access to research and expert insights on trending topics, please contact [email protected].
About Info-Tech Research GroupInfo-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.
To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights.
Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact [email protected].
For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.
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