Artificial Intelligence
X2O Media To Demonstrate Latest X2O OneRoom Developments At ISE 2024
![x2o-media-to-demonstrate-latest-x2o-oneroom-developments-at-ise-2024](https://roboticulized.com/wp-content/uploads/2024/01/144013-x2o-media-to-demonstrate-latest-x2o-oneroom-developments-at-ise-2024.jpg)
Explore The Future of OneRoom At Hall 2, Booth 2Q350
MONTRÉAL, Jan. 24, 2024 /PRNewswire/ — X2O Media, a global provider of hybrid learning and training solutions, today announced it will unveil the new features of X2O OneRoom and share plans on integrating AI technology at Integrated Systems Europe 2024 (ISE), being held 30 January – 2 February 2024. Visit X2O Media, part of the STRATACACHE family of companies, in the Unified Communication and Education Tech Hall (Hall 2) at Booth 2Q350.
X2O OneRoom is an immersive collaboration and learning solution designed to support the hybrid workplace and campus. At ISE 2024, X2O Media will showcase a hybrid OneRoom experience for training and learning and the new proctoring mode and Connected Spaces. At ISE, X2O Media will unveil its vision of how AI will be integrated into the future of OneRoom and the transformative impact it will have on learning.
“X2O Media is focused on supporting the hybrid world by integrating AI technology to evolve the OneRoom solution. With AI technology, X2O Media can provide feedback to OneRoom users’ including valuable guidance and data points helping them to make better decisions. X2O Media continues to pursue the latest technology and is at the forefront of the evolving hybrid landscape,” said Chris Riegel, CEO of X2O Media.
X2O Media will also showcase how its digital signage technology works in harmony with OneRoom to create a bespoke Hybrid Experience Center. Organizations can use a Hybrid Experience Center to create personalized experiences, innovative showcases, and interactive spaces to build relationships and brand loyalty. X2O Media’s Hybrid Experience Centers enable visitors to be remote and benefit from the experience in the same way as the physical attendees.
For additional information visit x2omedia.com or to book your X2O Media booth visit please contact [email protected].
While at #ISE2024, visit Scala, also part of the STRATACACHE family of companies, in Hall 6 at Booth M400 and see digital innovation and signage solutions.
About X2O MediaX2O Media provides technology to build virtual collaboration solutions and unified visual communication solutions for higher education and corporations across the globe. The award-winning X2O Platform represents a new category of communication tools that improves how enterprises and learning institutions engage with their employees and students. X2O Media’s collaboration technology, OneRoom, has helped organizations like Airbus, Nestlé, IMD Business School, HEC Montréal, Royal College of Surgeons Ireland (RCSI), and the University of Amsterdam set a new standard for hybrid training and collaboration.
X2O Media is part of the STRATACACHE family of digital media/marketing technology companies and is headquartered in Montréal, Canada. For information, contact X2O Media at [email protected] and follow X2O Media updates on LinkedIn and Twitter.
Media Contact: Andrea Poley, Global Communications Manager, STRATACACHE, [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/x2o-media-to-demonstrate-latest-x2o-oneroom-developments-at-ise-2024-302042686.html
Artificial Intelligence
Transforming Healthcare with AI: Yidu Tech’s Gong Rujing at Summer Davos
![transforming-healthcare-with-ai:-yidu-tech’s-gong-rujing-at-summer-davos](https://roboticulized.com/wp-content/uploads/2024/07/150833-transforming-healthcare-with-ai-yidu-techs-gong-rujing-at-summer-davos.png)
DALIAN, China, July 1, 2024 /PRNewswire/ — “AI in healthcare is extremely challenging. For companies, it requires not only solving scientific problems but also understanding AI technology and respecting the complexity of the healthcare industry.” At the 15th Annual Meeting of the New Champions, also known as Summer Davos, Ms. Gong Rujing (Yingying), Chairwoman and Founder of Yidu Tech, was invited as a distinguished representative of the healthcare technology sector. She shared her unique insights into the future of AI in healthcare during the thematic dialogue on “Healthcare Analytics, Not Moving Fast Enough.”
This year marks the 10th anniversary of Yidu Tech and Ms. Gong Rujing’s decade-long dedication to the healthcare industry. From the inception of her entrepreneurial journey 10 years ago, she has been driven by the mission to leverage the power of technology to deliver precise healthcare to every individual.
Ms. Gong described the past decade as a journey filled with miracles and achievements. During this period, Yidu Tech has progressively established close collaborations with key stakeholders in the healthcare industry, including government agencies, hospitals, pharmaceutical companies, insurance firms, experts, and clinicians. As of March 31, 2024, Yidu Tech’s “AI Medical Brain” YiduCore has been authorized to process and analyze over 5 billion medical records, covering more than 2,500 hospitals.
In AI-powered clinical research, Yidu Tech has supported researchers and clinicians in producing over 240 high-level papers, accelerating the application of research outcomes. Additionally, Yidu Tech provides clinical trial services to globally renowned pharmaceutical companies, helping them optimize trial processes, reduce costs, and bring new drugs to market more swiftly, ultimately benefiting patients. In healthcare management, Yidu Tech’s AI technology plays a crucial role by analyzing vast amounts of medical data to provide comprehensive decision support to healthcare administrators, helping them optimize resource allocation and improve service efficiency.
“We are now entering a new era of AI technology.” The development of large language model technologies has opened up new possibilities across various industries. Yidu Tech has independently developed a large language model specific to the medical field and is advancing its application across the entire healthcare industry chain. The goal is to promote further progress and innovation through new AI technologies. However, Ms. Gong also emphasized that the healthcare industry is professional, complex, and sensitive, and the application of new technologies must address challenges such as data security, privacy protection, and ethics.
“Data security and privacy protection are fundamental to the development of AI technology and medical big data technology. We must ensure that all stakeholders are satisfied with compliance, security, accessibility, and privacy protection.”
“AI technology still has a long way to go.” She called on policymakers, healthcare institutions, and technology companies to work together to realize the immense potential of healthcare data. Ms. Gong highlighted that building trust is key, and enhancing data operability is essential to fully unleash the power of data. “It’s not just about better data quality; it’s about a better future for health.”
View original content:https://www.prnewswire.co.uk/news-releases/transforming-healthcare-with-ai-yidu-techs-gong-rujing-at-summer-davos-302186561.html
Artificial Intelligence
Yidu Tech’s FY2024 results: existing business achieves first full-year profit on adjusted EBITDA
![yidu-tech’s-fy2024-results:-existing-business-achieves-first-full-year-profit-on-adjusted-ebitda](https://roboticulized.com/wp-content/uploads/2024/07/150831-yidu-techs-fy2024-results-existing-business-achieves-first-full-year-profit-on-adjusted-ebitda.png)
HONG KONG, July 1, 2024 /PRNewswire/ — On June 27, 2024, Yidu Tech Inc. (the ”Company” or ”Yidu Tech”) (2158.HK), a leader in China’s AI medical industry, announced its results for the 2024 fiscal year. During the reporting period, the Company recorded revenue of RMB 807.1 million. Gross profit margin in FY2024 increased to 42.1% from 34.1% in FY2023, representing an increase of 8 percentage points, hitting a record high. Adjusted net loss narrowed from RMB 448.7 million in FY2023 to RMB158.1 million, down 64.8% year-on-year. The management of Yidu Tech said at the annual results conference the next day that excluding strategic investments in proprietary large language model, non-cash items, and non-operating items, the adjusted EBITDA for our current business has achieved profit, moving from a RMB 327 million loss to a profit of RMB 31.1 million for the first time this fiscal year.
Management added that as of market close on June 27, the Company’s P/B ratio has decreased to 1.06. Not including the valuation of its domestic and international businesses, its market value is still lower than its fund reserves on hand. As such, management believes that the Company’s share price is still severely undervalued. Notably, renowned sovereign fund BIA has continually increased its shareholding of Yidu Tech by 21.50% over the past two months. The management is confident in the Company’s long-term growth potential and hopes to continually create innovative technologies and increase returns to its shareholders.
In FY2024, Yidu Tech focused on its core business, improving internal operating efficiency and earning quality. Among its earnings, revenue from its big data platform and solutions segment reached RMB 313.6 million, an increase of 41.4% year-on-year. Revenue from its life science solutions segment reached RMB 324.0 million, up 28.1% year-on-year and the gross margin increased by 14.6 percentage points to a historical high of 32.1%. Revenue from its health management platform and solutions segment reached RMB 169.5 million, and the gross profit margin of this segment was 58.1%, representing a year-on-year increase of 17.4 percentage points.
During the reporting period, the Company has continued the development and training of large language model in the medical vertical field based on 500 billion fine-trained Tokens, with model training for 6B, 13B, and 70B parameters completed.
View original content:https://www.prnewswire.co.uk/news-releases/yidu-techs-fy2024-results-existing-business-achieves-first-full-year-profit-on-adjusted-ebitda-302185986.html
Artificial Intelligence
Lucinity’s AI Innovation Recognized at Microsoft’s Prestigious Global Partner Awards 2024
![lucinity’s-ai-innovation-recognized-at-microsoft’s-prestigious-global-partner-awards-2024](https://roboticulized.com/wp-content/uploads/2024/06/150829-lucinitys-ai-innovation-recognized-at-microsofts-prestigious-global-partner-awards-2024.jpg)
REYKJAVIK, Iceland, June 28, 2024 /PRNewswire/ — Lucinity has been recognized as a finalist in the AI Innovation category at the prestigious Microsoft Global Partner Awards 2024, recognizing its breakthrough AI solution and contribution to financial security through its collaboration with Microsoft.
Lucinity beat more than 4,700 companies to be named a finalist at the annual Microsoft Global Partner Awards, which highlights Lucinity’s achievements as a Microsoft partner in optimizing business processes, improving customer experiences, and opening new pathways for digital transformation.
This achievement comes in addition to winning two prestigious awards at Microsoft Partner Awards 2024 last month, including Partner of the Year – Iceland, and the Sustainability and Social Impact award.
The accolade recognizes Lucinity’s significant advancements in AI for financial crime operations, particularly through their AI-powered copilot, Luci. This innovative solution utilizes Microsoft Azure OpenAI technology to integrate advanced generative AI into financial crime investigations and regulatory compliance, optimizing processes and saving significant time and resources for financial institutions.
The Lucinity platform streamlines compliance, provides instant insights, and reduces typical investigation times from three hours to just 30 minutes. The technology can also save financial institutions an estimated $100 million in productivity savings, as well as savings in training and recruitment.
Microsoft comments on Lucinity’s award recognition, saying “Financial crime profoundly impacts our global community, with far-reaching economic, security, and social implications. It can harm a country’s reputation and increase exposure to criminal activities, emphasizing the critical need for robust anti-money laundering initiatives and persistent vigilance. Lucinity, with their innovative AI solutions, has really tried to combat this huge global challenge. They use ‘Human AI’ to enhance financial crime prevention, combining AI with human expertise for efficient, user-friendly solutions. Additionally, Lucinity has developed a tool called Luci, an AI-powered copilot that helps transform financial crime prevention from a process that took hours to one that takes minutes.”
“Being recognized as a finalist at the Microsoft Global Partner Awards is validation of our impactful collaboration with Microsoft in financial crime operations. Our partnership has been pivotal for our innovations, enabling us to use Azure OpenAI to bring tools like Luci to life and deliver impactful results for our clients,” says Guðmundur Kristjánsson, Founder & CEO of Lucinity.
Contact:Name: Celina PabloEmail: [email protected]: +354 792 4321
Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/lucinitys-ai-innovation-recognized-at-microsofts-prestigious-global-partner-awards-2024-302186091.html
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