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Artificial Intelligence

LearnExperts Transforms Online Training Solutions Through AI, Raises $1.25M

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OTTAWA, Sept. 13, 2021 (GLOBE NEWSWIRE) — LearnExperts, developers of a creator platform that achieves rapid course creation through artificial intelligence (AI), announced the close of its oversubscribed $1.25M seed round with participation from Sand Hill North, MaRS IAF, and Capital Angel, Maple Leaf Angel, and Georgian Angel networks, including six women investors.

As demand for digital training solutions explodes, many learning technology companies are reporting 50 per cent growth in a market estimated to be worth $25B by 2025. LearnExperts will use this investment to accelerate their market lead within the sector.

After 20 years working at technology companies such as Cognos, IBM, PTC, and Kinaxis, LearnExperts founder Sarah Sedgman decided in 2019 to leave the comforts of corporate life and fulfill a mission to disrupt the learning technology space.

“Years ago, when I was head of course development, I received a call from the CEO who needed my help because we were acquiring customers and releasing new features quickly, but our training lagged six to nine months after product release, which meant we couldn’t train our customers fast enough to get immediate value from our software and we risked losing them as customers,” said Sedgman.

While she was able to reengineer the course development process to ensure launch alongside the product release, which had a positive impact on customers, it was still a manual process and very time-consuming, taking months to develop the content and release the courses.

Sedgman’s experiences led to the development of a digital course creation platform that automatically transforms existing content into a course. LearnExperts guides the user to create a complete course with best practices applied through proprietary artificial intelligence. Starting with existing content that wasn’t purpose-built for learning, the output is a consistent, ready-to-use course that looks just like an expert built it. LearnExperts cuts the time to create and launch a new course from months to days.

“We saw the value in LearnExperts immediately and knew that we wanted to be the lead investor,” said Ryan Henry, Partner at Sand Hill North. “We look for innovative technology companies that are reshaping the future of work for the better. The LearnExperts platform saves course creators days of effort and empowers them to easily build high-quality consistent courses.”

LearnExperts Secures Large Enterprise Customers within First Year

When LearnExperts began demonstrations of the platform, the interest was overwhelming, and customers wanted the solution right away. Originally planning to bootstrap the business, Sedgman decided to accelerate and raise capital. Now, the company is backed by an oversubscribed investment round and achieving steady customer acquisition.

“We were impressed by the team’s deep domain expertise coupled with a unique solution to address the challenge of developing content at a rapid pace,” said Kevin Madill, Investment Director, MaRS IAF. “We are excited to participate in this latest funding round, support the team, and be part of the LearnExperts journey.”

“What I love about Sarah is her passion, her thought leadership and energy. What I love about her and her team is that they’ve done this before within large technology corporations,” said Julia Elvidge, board member for Capital Angel Network. “We are excited to support LearnExperts and believe they have the right solution at the right time to deliver differentiated value to large companies around the world.”

“I have been selling software solutions for many years and when I met Sarah and her team, I saw a large opportunity for their platform to provide immediate value in an exploding market,” said Jim Brown, active Georgian Angel Network investor. “Their system is unique and their go to market strategy is strong, and I look forward to partnering alongside Sarah and her team with any advice needed.”

“I want to thank the Canadian Investor Community, Invest Ottawa, and several industry experts for the tremendous support,” said Sedgman. “Our investors Sand Hill North, MaRS IAF, Capital Angel Network, Maple Leaf Angel Network, Georgian Angel Network and the independent investors are strategic, savvy investors and have already become great partners.”

Learn more at LearnExperts.ai.

For interviews contact:

Jennifer Madigan
[email protected]

About Sand Hill North

Sand Hill North is an early-stage venture investment firm focused on supporting companies leveraging software to create solutions in the B2B space that will have a positive impact. They’re a team of founders and business operators who understand early-stage challenges. They partner with visionary entrepreneurs, running businesses with high growth potential, and an unrelenting commitment to ethical standards. For more information, please visit: https://sandhillnorth.vc/.

About MaRS IAF

MaRS Investment Accelerator Fund (IAF) is a leading seed stage fund investing in high-potential IT, health and cleantech companies in Ontario. IAF has over a 10-year history of successfully providing innovative firms with the capital, mentorship, and networks needed to validate ideas and bring products to market. Its mission is to keep Ontario’s talent and technology local while helping its companies go global. For more information, please visit: http://www.marsiaf.com.

About Capital Angel Network

Founded in 2009, the Capital Angel Network (CAN) has been investing in startups in the National Capital Region over the last decade. Since its inception, CAN members have invested over $30 million into almost 100 early-stage companies, 90 percent of which are based in the National Capital Region. This funding has also leveraged over $250 million in additional investment through government grants, syndication with other angel groups and venture capital funds. The portfolio has now seen nine exits that provided a positive return for investors. The membership base now consists of over 50 Angels, 20 percent of whom are women. The group made 10 new and nine follow-on investments totaling $5 million in investment. For more information, please visit: www.capitalangels.ca.

About Maple Leaf Angel Network

Maple Leaf Angels (MLA) is a not-for-profit organization and Toronto’s largest angel network. MLA offers Curbside Mentoring events and weekly complementary office hours to connect the brightest, most promising entrepreneurs with accredited investors in a streamlined process, who invest their capital and time supporting Canadian startup companies. Since their inception in 2007, they have deployed over $41M in 92 companies and have had 19 successful exits. While the majority of their portfolio is tech-focused companies, their Angels have invested in a plethora of businesses across various industries. They are strategically placed in terms of partnerships, collaborations, sponsorships, and geographical location, allowing them to provide quality deal-flow and access to the leaders and businesses of tomorrow. For more information, please visit: www.mapleleafangels.com.

About Georgian Angel Network

Georgian Angel Network (GAN) connects angel investors in the Barrie, South Georgian Bay, Orangeville and Muskoka/Huntsville regions with entrepreneurs needing equity capital to commercialize their innovations. GAN’s role is to serve as a catalyst for economic development, facilitating deal flow between accredited investors and high-quality investee opportunities as well as providing investor and investee education services. Since 2012, GAN’s members have invested over $20 million in 70 companies, through initial financings as well as follow-on financings. For more information, please visit: www.georgianangelnet.ca.

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Artificial Intelligence

Gilbarco Veeder-Root champions fuel efficiency, clean fuels and diesel rebate solutions in mining

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JOHANNESBURG, March 28, 2024 /PRNewswire/ — Global leader in technology solutions OEM Gilbarco Veeder-Root (GVR) is dedicated to enhancing operational performance by delivering comprehensive end-to-end wetstock, industrial, mining, and business-to-business solutions, all tailored to meet the specific needs of the customer.

 
 
By encompassing every aspect of mining operations, GVR commercial and industrial Middle East and Africa director Westtar Kapito says, “the company is setting new benchmarks for fuel efficiency, safety and sustainability within the mining industry”.
As part of a holistic approach to mining excellence, Kapito explains that Gilbarco’s integrated fuel and fleet management technology solutions are designed to address the multifaceted challenges of the mining industry.
Some of these facets include wetstock control, equipment maintenance and management, fleet management and automation, compliance monitoring and environmental sustainability, as well as driving productivity and profitability through innovation.
In addition, the introduction of Gilbarco’s clean fuel solution exemplifies the company’s commitment to maintaining equipment integrity and performance.
This technology, GVR says, monitors in real-time the status of up to 16 “clean fuels” key performance matrices, thereby ensuring that dirty fuel is flagged and not transferred into mining equipment which would affect engines and injectors and thus lower productivity.
Gilbarco’s comprehensive site automation solutions empower mining companies with critical data analytic insights, facilitating efficient monitoring and management of fleet and fuel inventory. Gilbarco’s dataFLEX360 platform plays a pivotal role, offering near real-time reporting and analytics to drive informed decision-making and operational agility.
dataFLEX360 is a Web-based, cloud-hosted strategic operational insights platform. The system ensures accurate, reliable and relevant reporting of all fuel, fleet and asset transactions, and provides for proactive corrective measures to reduce complex reporting and gives a consolidated and comprehensive view across all sites and assets.
With reconciliations at its core, dataFLEX360 provides solution accuracy on operational data.
Integral to the company’s solutions is compliance with Global Industry Standards and environmental stewardship, from leak detection to vapour recovery and clean fuel technologies. Gilbarco’s products are designed to ensure compliance and minimise the carbon footprint of mining operations.
Additionally, through the company’s innovative telematics technology and the data generated, it can systematically and seamlessly generate South African Revenue Services- (SARS-) compliant fuel rebate reports for any selected tax period.  
GVR’s technology provides a full audit trail required for eligibility for SARS rebates, and its reporting platform simplifies logbook and data gathering required, enabling successful rebate claims and return on investment.
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View original content:https://www.prnewswire.co.uk/news-releases/gilbarco-veeder-root-champions-fuel-efficiency-clean-fuels-and-diesel-rebate-solutions-in-mining-302102415.html

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Invoca Wins CX Today Award for Best Conversational Intelligence Solution of 2024; Launches European Data Centre and Adds UK Sales Leader

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CX Today recognises Invoca as the foremost visionary in the Conversational Intelligence category. Additionally, expands its European presence with a new Data Centre and the appointment of Duncan MacPherson as UK Director of Sales.
LONDON, March 28, 2024 /PRNewswire/ — Invoca, the leading revenue execution platform for revenue teams, has won the CX Today Award for ‘Best Conversational Intelligence Solution’ of 2024. CX Today, the leading international news publication honouring excellence in CX technology, hosted the CX Awards to honour excellence in CX leadership, technology innovation, and industry success.

“Invoca’s exceptional work in conversational intelligence has helped push the category forward, and we are thrilled to see their accomplishments acknowledged at CX Awards 2024,” said Charlie Mitchell, Senior Editor at CX Today and host of the awards.
The award recognises Invoca’s strength in empowering revenue teams across marketing, contact centre sales, and customer experience to enhance buying experiences, increase high-value leads, and boost revenue. For businesses that acquire customers over the phone, Invoca enables these digital marketing and contact centre teams to collaborate to drive revenue growth. Invoca stands out for capturing deep insights from consumer calls and digital interactions and ingesting revenue driven by calls and other metadata from CRM and contact centre solutions, making Invoca the source of truth for consumer engagements.
“We’re thrilled to be named the Best Conversational Intelligence Solution of 2024 by CX Today as we highlight our longstanding vision to help brands acquire customers and grow their revenue,” said Gregg Johnson, CEO of Invoca. “As AI pioneers in this space, having first introduced our broad base of patented AI technologies in 2015, artificial intelligence and machine learning are core to helping companies improve the customer experience and connect the buyer journey.”
The CX Awards’ judging panel, including Dan Miller, Lead Analyst at Opus Research, reviewed hundreds of applications for their organisation’s ability to improve overall customer experience through innovation and high-impact features.
“Invoca continues to demonstrate that they are a clear leader in conversational intelligence AI. We recognised Invoca for their ability to employ a sophisticated blend of AI technologies — including patented machine learning, generative AI, voice biometrics, and deep learning neural networks, to drive revenue,” said Dan Miller, CX Awards judge and Lead Analyst at Opus Research.
Invoca Launches New European Platform and Data Centre Amid U.K. Sales Leadership Expansion
Invoca continues to reinforce its commitment to maintaining data excellence with unwavering reliability and strict adherence to security standards. Protecting customer data privacy remains a top priority, particularly given the heightened concerns surrounding security and privacy. Invoca’s new European platform and localised data centres support its growing customer base by ensuring all customers can adhere to the highest level of enterprise-grade data privacy, and GDPR compliance standards. Invoca’s powerful EU-based infrastructure enables its customers to recreate the same Invoca experience using the full feature suite while maintaining the highest standards of quality.
Invoca has also welcomed Duncan MacPherson as UK Director of Sales. MacPherson brings extensive experience with large companies and start-ups selling customer engagement solutions. This is part of an overall expansion in the UK market, which includes hiring a localised sales and customer success team, sales development, and marketing support.
More Information:
See the results you can get with Invoca’s award-winning conversation intelligence: https://www.invoca.com/customersInvoca’s GDPR Compliance: Everything You Need to Know: https://www.invoca.com/blog/invocas-gdpr-compliance-everything-you-need-to-knowWatch the CX Today Awards winners revealed on demand: www.cxtoday.com/cxawardsJoin Invoca’s talented team today: https://www.invoca.com/company/careersAbout InvocaInvoca is a revenue execution platform that connects marketing and sales teams to help them track and optimise the buying journey to drive more revenue. By using a comprehensive revenue execution platform with deep integrations with leading technology platforms, revenue teams can better connect their paid media investments directly to revenue, improve digital engagement, and deliver the best buyer experiences to drive more sales. With Invoca, top consumer brands, including AutoNation, DIRECTV, Mayo Clinic, Mutual of Omaha, and Verizon, experience unbelievable results powered by undeniable data. Invoca has raised $184M from leading venture capitalists, including Upfront Ventures, Accel, Silver Lake Waterman, H.I.G. Growth Partners, and Salesforce Ventures. For more information, visit www.invoca.com.
About CX AwardsHosted by CX Today, the awards ceremony has become the beacon of recognition for companies and professionals pushing the envelope in the CX technology sphere.
The CX Awards 2024 is here for its fourth year and is bigger and better than ever before! Winners of the 2023 awards included Vonage, Calabrio, and UJET and more. Then, the ceremony included exclusive streams from our people winners, Jay Patel from Webex and Kimberley Wood from Ultimate. Yet, this year’s event featured many more CX leaders who shared their unique takes on the space.
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ASC Achieves Certification for Webex Calling

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ASC announces compliance recording and AI-driven analytics tool for Webex Calling
HÖSBACH, Germany, March 28, 2024 /PRNewswire/ — ASC Technologies, a leading provider of comprehensive recording and analytics tools, announces its successful certification for Webex Calling with Webex by Cisco, a leading provider of collaboration technologies powering hybrid work and customer experience. This certification distinguishes ASC as one of the few global vendors who are authorized to provide record capabilities for Webex Calling communications. This capability is essential for organizations in regulated industries that must adhere to strict compliance standards.

A key benefit of the ASC solution is the simple and fast configuration in the Webex Control Hub, which ensures a high level of user-friendliness. In addition, ASC enables the migration of on-premise solutions to the cloud by seamlessly transferring recordings to the cloud environment. This step enables organizations to accelerate their digital transformation and take advantage of cloud-based services. In addition, AI-driven analytics, powered by ASC’s solutions, help organizations gain a comprehensive view of their communications, enrich customer relationships, and streamline compliance and risk management processes.
“As a stable company that has been established in the market for 60 years, we see the certification for Webex Calling not only as a confirmation of our technological expertise, but also as a promise to our customers and partners,” says Dr. Gerald Kromer, CEO of ASC. “We are committed to providing innovative and reliable solutions that meet the demands of today’s communications technologies while ensuring our customers’ compliance requirements.”
This certification is a further milestone in ASC’s successful partnership with Cisco, which has already existed for 20 years. ASC will be exhibiting at Enterprise Connect in Gaylord Palms, and Cisco Live in Las Vegas, showcasing its innovative recording and analytics solutions and demonstrating the results of its collaboration with Cisco. These events offer a glimpse into how ASC’s solutions drive efficiency and insight.
About ASC
ASC is a worldwide leading provider of software and cloud solutions in the field of omni-channel recording, quality management, and analytics. Among our target groups are all companies that record their communications, especially financial service providers, contact centers, and public safety organizations. We offer solutions for recording as well as AI-based analysis and evaluation of all communications – with full flexibility as a cloud service, on-premise or as a hybrid solution. Headquartered in Germany with subsidiaries in 14 countries and experienced system integration partners in over 60 countries, ASC is the #1 Europe-based player in its industry.
About Webex by Cisco
Webex is a leading provider of cloud-based collaboration solutions which includes video meetings, calling, messaging, events, customer experience solutions like contact center and purpose-built collaboration devices. At Webex, we start with people and their experiences first. This focus on delivering inclusive collaboration experiences fuels our innovation, which leverages AI and Machine Learning, to remove the barriers of geography, language, personality, and familiarity with technology. Our solutions are underpinned with security and privacy by design. We work with the world’s leading business and productivity apps – delivered through a single application and interface. Learn more at webex.com.
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View original content:https://www.prnewswire.co.uk/news-releases/asc-achieves-certification-for-webex-calling-302102352.html

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