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VelocityEHS’ Humantech Supports Workplace Challenges Due to COVID-19 Pandemic During National Ergonomics Month


CHICAGO, Sept. 29, 2020 (GLOBE NEWSWIRE) — VelocityEHS, the global leader in cloud-based environment, health, safety (EHS) and sustainability solutions, is using this year’s National Ergonomics Month to remind safety professionals, HR managers and workers to remain diligent about preventing the risks that lead to musculoskeletal disorders (MSDs) during the COVID-19 pandemic. As many employees continue to work from home while others return to the workplace after time away, it’s important they complete their jobs safely and comfortably. To support these efforts, VelocityEHS’ Humantech will be promoting their mission of ergonomics done right® throughout the month of October with webinars, videos, and other helpful resources aimed at reinforcing important ergonomics principles.

“There’s no denying this year has been challenging for many employees forced to work remotely from home or restart work after an extended time away,” said James Mallon, president of VelocityEHS’ Humantech. “National Ergonomics Month is a perfect opportunity for employers to ensure their workers are taking steps to reduce or eliminate the physical and mental risks associated with MSDs, no matter where they complete their jobs. We encourage employers and employees to take advantage of the resources and products we have available to help them complete their jobs and tasks safely.”

VelocityEHS’ Humantech is offering a wide-range of complimentary products and services this month, including:

  • Free Access to Humantech Office Ergonomics: For a limited time, at no charge, employees can learn the basic principles of office ergonomics and assess their personal workspace in less than 30 minutes.
  • “5 Approaches to Cost Justifying Ergonomic Improvements” Webinar: Join this live, 30-minute webinar and Q&A on October 14, 2020 at 2 p.m. ET to learn a practical combination of traditional and innovative approaches for cost-justifying workplace improvements that go way beyond injury reduction.
  • #HomeOfficeHacks Social Media Challenge: Throughout the month of October, those working from home are invited to showcase their creative and innovative ergonomics solutions using #HomeOfficeHacks for a chance to win a personalized home office ergonomics consultation with a board-certified ergonomist.
  • The Impact of Mental Stress on Workplace Injuries Video: Explains the negative impacts that mental stress can have on physical activities such as lifting.

These resources and more are available on the Humantech Work-from-Home Toolbox and Reducing Physical and Mental Stress Toolbox websites.

VelocityEHS’ Humantech Ergonomics solutions help companies reduce MSD risk with a multipronged approach that combines its comprehensive online training and management system with expert-led site improvement events and cutting-edge artificial intelligence (AI) motion-capture technology. Through this risk assessment technology, users can gather more comprehensive data that leads to reduced musculoskeletal risk and that makes it easier for them to implement effective, sustainable improvements. As a result, VelocityEHS’ approach has changed how organizations use the science of ergonomics to improve workplace performance. Visit www.Humantech.com for more information.

Trusted by more than 19,000 customers worldwide across multiple industries, VelocityEHS software simplifies key aspects of EHS management. Visit www.EHS.com for more information.

About VelocityEHS
Trusted by more than 19,000 customers worldwide, VelocityEHS helps you reach your EHS goals faster with quick implementations, affordable solutions, and unparalleled customer support. We deliver a comprehensive cloud-based environment, health and safety (EHS) software platform. Our easy-to-use software applications are designed based on industry best-practice principles to help you solve complex business challenges in simple ways. Recognized by the EHS industry’s top independent analysts, including leading scores in the Verdantix 2019 Green Quadrant Analysis, VelocityEHS is the global leader in cloud EHS software solutions.

VelocityEHS is headquartered in Chicago, Illinois, with locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; and Perth, Western Australia. For more information, visit www.EHS.com.

Media Contact

Betsy Utley-Marin


National Cancer Institute (NCI) Extends Long-Standing Partnership with Inspirata


Tampa, Florida, Sept. 29, 2020 (GLOBE NEWSWIRE) — Inspirata announced today the renewal of its long-standing partnership with the National Cancer Institute (NCI). Building on almost two decades of collaboration between the two organizations, this new agreement will bring Inspirata’s growing portfolio of Cancer Case Finding and Registry Automation solutions, offered under the E-Path brand, to the SEER program.

SEER has regulatory authority through the NCI to collect and publish data on every cancer case reported from 19 U.S. geographic areas. The NCI requires participating cancer registries to collect data on cancer patient demographics, primary tumor site, tumor morphology and disease stage at diagnosis. The registries also must report on first course of treatment and follow-up for vital status (survival).

“E-Path Reporter, E-Path Reviewer and E-Path Plus have become synonymous among many cancer registry professionals with accurate, fast and reliable automation of the identification and reporting of cancer cases as well as the extraction of cancer data through Natural Language Processing (NLP) and Artificial Intelligence (AI) technology,” says George Cernile, Vice President of AI/NLP Engineering at Inspirata. “Our software seamlessly ingests pathology reports from laboratories, hospitals and central cancer registries, and then automatically selects and codes reportable cancer cases, forwarding them to the appropriate individuals for action and greatly improving data quality and cost efficiency.”

Inspirata’s technology features a pre-built oncology-specific pipeline capable of extracting more than 300 discrete data elements out of the box. It also employs proprietary business rules and annotation techniques that reliably identify and extract discrete biomedical concepts with context sensitivity for linguistic variations, negation and spatial associations. As such, the company’s NLP/AI technology serves as one of the key features that make the E-Path software stand apart from other solutions on the market.

Over 300 major reporting hospitals and laboratories as well as 14 central registries in the United States will now have access to the E-Path portfolio of solutions, which helps to automate and accurately identify and report cancer data. This will alleviate a significant burden on those healthcare organizations, as up to 65 percent of reportable cancer data is contained in unstructured, non-discrete document formats, such as clinical notes or faxed test results.


About Inspirata:

Inspirata, Inc. helps patients fighting cancer—and the clinicians they trust—to make every moment matter. Our comprehensive cancer informatics solutions bring disparate data together throughout the entire cancer care journey to drive informed decisions that improve survivorship. 

Inspirata has assembled the most advanced and proven technologies to address the complex challenges of delivering cancer care and conducting ground-breaking research. We combine leading digital pathology solutions with automated cancer registry solutions, comprehensive cancer informatics and advanced patient engagement tools to bring users the broadest oncology informatics platform available globally. To learn more, visit www.inspirata.com.

Inspirata Contact:

Emil Mladenov
Vice President of Corporate and Digital Marketing
E-mail: emladenov@inspirata.com       
Tel: +1-813-467-7616

Emil Mladenov
Inspirata, Inc.

Christa Quarles Joins Corel as Chief Executive Officer


OTTAWA, Sept. 29, 2020 (GLOBE NEWSWIRE) — Corel Corporation (“Corel”) today announced that Christa Quarles has been appointed as Chief Executive Officer and a member of the company’s Board of Directors. Ms. Quarles is an industry veteran, having recently served as CEO of OpenTable and having previously held executive roles at NextDoor, Inc. and The Walt Disney Company. Ms. Quarles succeeds former CEO Patrick Nichols who stepped down from the company earlier this year.

“We are pleased to welcome Christa, one of the most accomplished executives in the B2B and consumer internet space, to the Corel team,” said John Park, Corel Chairman of the Board and KKR Partner. “With an impressive track record of driving strong growth at innovative technology companies navigating transformational change, Christa has proven herself to be an impeccable leader. We are confident her deep strategic, commercial, and financial expertise will accelerate Corel’s growth and M&A success, further solidifying the company’s position as one of the world’s top software platforms.”

“It is an incredible privilege and honor to join Corel, a company with astounding reach across global businesses small and large, providing powerful software to more than 90 million knowledge workers. Given the explosion in demand for workplace productivity solutions, it’s an exciting time for our business,” said Christa Quarles, CEO of Corel. “Today’s rapidly changing technology and business landscape presents a tremendous opportunity for us to shape the future of work by delivering industry-leading value to customers worldwide. I look forward to collaborating with our executive team to continue the company’s already impressive growth path and position our business for future success.”

Biography: Christa Quarles, CEO and Member of the Board of Directors for Corel

Ms. Quarles is a seasoned executive with over two decades of experience leading companies and spearheading financial and operational initiatives. As CEO of OpenTable, she led a period of transformational change, successfully navigating the company’s transition to cloud-based, small business solutions, and drove meaningful bottom- and top-line growth across its global operations. Ms. Quarles also recently served as an Operating Partner at Advent International where she was responsible for due diligence and operational guidance for investments in the consumer, marketplace, and Fintech industries. Prior to joining OpenTable, she served as Chief Business Officer of Nextdoor, a marketplace connecting local communities to small businesses. Earlier in her career, she served as Senior Vice President, Interactive Games at The Walt Disney Company, where she led Disney Interactive to profitability. Ms. Quarles also served as Chief Financial Officer of Playdom, which was later acquired by Disney. Prior to that, she held the role of Partner in Equity Research covering the internet sector at Thomas Weisel Partners LLC (now Stifel Financial).

In addition to Corel, Ms. Quarles also currently serves on the Boards of Directors of Affirm and Kimberly-Clark. She received a BS in Economics and German from Carnegie Mellon University and an MBA from Harvard Business School.

Delivering Innovation for Today’s Workspaces

With a globally recognized portfolio, Corel’s creative, productivity, and virtualization solutions leverage the latest in technology to empower knowledge workers. AI tools in CorelDRAW® and Painter® boost productivity and deliver stunning results in exciting new ways. Web-based collaboration capabilities in MindManager® and CorelDRAW streamline the sharing of ideas in a world that forces them to work apart. With the power of artificial intelligence, the ClearSlide® sales enablement platform helps sales and marketing teams maintain and build the meaningful connections they need to close deals. WinZip® encryption, file management, and compression software delivers secure file sharing across email, a network, or the cloud. While Parallels® solutions, including the upcoming Parallels® Desktop for Chromebook Enterprise, enable workers to use and access the applications and files they need across their favorite devices and preferred technology – whether local or remote.

About Corel

Corel products enable millions of connected knowledge workers around the world to do great work faster. Offering some of the industry’s best-known software brands, we give individuals and teams the power to create, collaborate, and deliver impressive results. Our success is driven by an unwavering commitment to deliver a broad portfolio of innovative applications – including CorelDRAW®, ClearSlide®, MindManager®, Parallels®, and WinZip® – to inspire users and help them achieve their goals. To learn more about Corel, please visit www.corel.com.

© 2020 Corel Corporation. Corel, the Corel logo, the Corel Balloon logo, CorelDRAW, MindManager, and WinZip are trademarks or registered trademarks of Corel Corporation and/or its affiliates in Canada, the U.S. and elsewhere. ClearSlide is a trademark or registered trademark of ClearSlide Inc., in Canada, the U.S. and elsewhere. Parallels is a trademark or registered trademark of Parallels International GmbH in Canada, the U.S. and elsewhere. All other company, product and service names, logos, brands and any registered or unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners. Use of any brands, names, logos or any other information, imagery or materials pertaining to a third party does not imply endorsement. We disclaim any proprietary interest in such third-party information, imagery, materials, marks and names of others. For all notices and information about patents, please visit www.corel.com/patent.

Media Contact
Jessica Gould
Corel PR

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/748066f8-96a8-4579-a9b3-448c07f6b5b4

Valyant AI internationally recognized with multiple awards for AI excellence from TechCrunch and others


DENVER, Sept. 29, 2020 (GLOBE NEWSWIRE) — Valyant AI, a Colorado-based artificial intelligence (AI) company focused on customer service in the quick-serve restaurant (QSR) industry, today announced the company or its leadership has been named a winner or finalist for several prominent local and national honors. Valyant AI and CEO Rob Carpenter won a total of five awards and were named a finalist for five other awards.

“Despite stiff competition from other forward-thinking companies, innovative vendors and influential leaders from across industries, we were fortunate enough to be recognized by a number of prestigious award organizations, locally and internationally,” said Carpenter. “Beyond streamlining the customer experience, improving employee efficiency and helping address labor shortages, especially during peak times, our platform’s advanced new enterprise AI capabilities empower organizations to implement high-performing artificial intelligence into their businesses without significant investment — and we could not be more proud or excited that our hard work to develop the platform is being recognized.”

Earlier this year, Valyant participated in TechCrunch’s private Pitch Night for innovative early-stage startups in robotics and artificial intelligence. Selected after a review of hundreds of applications, Carpenter pitched Valyant AI, demonstrating how the company’s conversational AI platform works to industry executives, TechCrunch writers and an expert panel of judges before fielding questions from the judges. By winning the Pitch Night, Valyant AI earned the opportunity to showcase its technology to an auditorium full of founders, students and investors at TechCrunch’s San Francisco headquarters during TC Sessions: Robotics + AI the following evening.

The other awards Valyant AI has recently won include:

    • ICX Association Elevate Awards: Best Emerging Technology ICX. The ICX Association Elevate Awards honor the individuals and organizations that are pacesetters in using technology to elevate the customer experience. This category recognizes achievement in deploying emerging tech in interactive customer experiences, selecting “Holly,” Vayant’s conversational AI platform, as an emerging technology pushing the boundaries of what’s captivating customers in the marketplace. 
    • Modern Retail Awards: Best In-Store Tech. The first-ever Modern Retail Awards honored the companies and campaigns modernizing retail in the digital age, tapping “Holly,” Valyant’s conversational AI platform, as the winner of the best in-store technology category. 
    • Titan 100. The Titan 100 is a program recognizing a premier group of 100 CEOs and C-level executives across Colorado. Carpenter earned a spot as a Titan of industry for his innovations in AI, his ability to think outside the box and his success as a leader.
    • Tech Trailblazers: Mobile Trailblazers Award. A global awards program focused on enterprise technology startups only, Tech Trailblazers honored Valyant AI in the mobile category for its ability to integrate conversational artificial intelligence (AI) into a brand’s mobile application.

In 2020, Valyant was also a finalist within in the past few months for the following awards:

    • Tech Trailblazers: AI Trailblazers Award. Tech Trailblazers also honored Valyant AI as a finalist in the AI category.
    • AIconics Awards: Best Application of AI in Customer Service. AIconic’s AI Summit highlights businesses and individuals that are reshaping the emerging AI market, naming Valyant AI to the shortlist for best AI application in customer service.
    • Colorado Inno’s Inno on Fire: AI category. Colorado Inno’s first Inno on Fire list featured 50 people and companies that are crushing it across the Colorado tech and startup ecosystem, with Valyant AI a finalist in the AI category.
    • ColoradoBiz GenXYZ. As a finalist, Carpenter is among the top 25 young professionals representing the best (and the future) of the Colorado business community. 
    • Colorado Companies to Watch. CCTW is a unique statewide awards program recognizing growing companies that fuel the economic fire of the state. Valyant AI was named a 2020 finalist.

“This collective recognition highlights our determination and the technological innovation we’ve employed to benefit organizations, their customers and employees, and it ultimately cements our status as a burgeoning leader in the ever-expanding AI space,” Carpenter added.

For more information about Valyant AI’s conversational AI platform for the enterprise, please visit https://valyant.ai

About Valyant AI
Valyant AI provides QSRs with an upbeat and professional voice-based artificial intelligence (AI) customer service platform that is always ready to assist. One of the world’s first commercial deployments of enterprise AI, Valyant AI can easily be integrated in call-ahead phone systems, restaurant drive-thrus, mobile apps and more to support customers at every touchpoint, anytime and anywhere. With the eventual ability to speak more than 30 languages, Valyant AI can help customers as quickly and enjoyably as possible. Whether helping to address labor shortages or enhancing customer service, Valyant AI delivers an unmatched customer service experience. With Valyant AI, the future of customer service is here. For more information, please visit https://valyant.ai


Melissa Christensen

ConnectWise & CEO Juice Announce an Integration with eAutomate


TAMPA, Fla., Sept. 29, 2020 (GLOBE NEWSWIRE) — CEO Juice and ConnectWise today announced an integration created by CEO Juice for ConnectWise Manage and eAutomate, an enterprise resource planning (ERP) software used by a majority of MSPs focused on the office technology vertical. The ConnectWise Manage ticketing system will allow eAutomate to further enhance the customer experience by reducing redundancies in data entry, saving businesses time and resources.

“Imaging Dealers are moving to Managed IT and doing double data entry to get the financial information from ConnectWise Manage into eAutomate, their ERP, was a full-time job,” said Gary Lavin, partner, CEO Juice. “ConnectWise Manage has all these wonderful tools for keeping agreements updated and quoting new projects but eAutomate users struggled to implement them as they complicated the double data entry, making it much tougher to scale their IT business.”

The integration of eAutomate with ConnectWise Manage had been highly requested by customers, leading to a beta of the integration in mid-May. With the integration in place dealers have a fully automated sync of Agreements from Manage to eAutomate, contracts and the items on the contracts are created by the sync, allowing dealers to get customer profit reports in eAutomate for all contracts, including IT.

The integration includes syncing companies, holds, contracts with items, and PO receipts, and works through the ConnectWise API, enabling the solution to work on-premise and with hosted accounts for both ConnectWise Manage and eAutomate.

Users must share API access to their ConnectWise Manage database and need to generate the API key pair. Once the keys are generated, users can add them to the Profile/Integrations section of the CEO Juice website or email them to help@ceojuice.com.

“At ConnectWise, we know managed service contracts change constantly and whether on-prem or in the cloud, enabling usage of the ConnectWise API with eAutomate allows CEO Juice to address customer needs and provide a solution for customers who have been seeking ways to maximize their business and reduce redundancies,” said John Schweizer, vice president of office technology for ConnectWise.

The sync from Manage Agreements to eAutomate contracts is available now and is included in the monthly subscription for CEO Juice customers. CEO Juice has also made a standalone Manage to eAutomate connector available for clients who do not subscribe to the complete CEO Juice suite. Prerequisites for the integration include running ConnectWise 2015.3 or higher and eAutomate 8.7 or later.

For more information on ConnectWise Manage, visit https://www.connectwise.com/software/manage. To learn more about CEO Juice, visit www.CEOJuice.com.

About ConnectWise
ConnectWise is an IT software company powering Technology Solution Providers to achieve their vision of success in their As-a-Service business with intelligent software, expert services, an immersive IT community, and a vast ecosystem of integrations. The unmatched flexibility of the ConnectWise platform fuels profitable, long-term growth for our Partners. With an innovative, integrated, and security-centric platform, ConnectWise enables TSPs to drive business efficiency with business automation, IT documentation, and data management capabilities. And increase revenue using remote monitoring, security, and backup disaster recovery technologies. Visit ConnectWise.com.

About CEO Juice
CEO Juice Provides Business and Artificial Intelligence for over 95% of large Copier Dealers in North America, backed up by a team of industry experts. Our software and systems ensure your business is running as efficiently and smoothly as possible, while our team of experts can help with software and best practice questions. Systems that know when something goes wrong with the intelligence to take the correct steps to address the issue.

Worldwide Affective Computing Industry to 2026 – Featuring IBM, Microsoft & Google Among Others


Dublin, Sept. 29, 2020 (GLOBE NEWSWIRE) — The “Global Affective Computing Market by Component, by Technology, by End User, by Region, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.

The Global Affective Computing Market size is expected to reach $123.3 billion by 2026, rising at a market growth of 36.4% CAGR during the forecast period.

Affective computing is also termed as emotional artificial intelligence. It predicts interactions between human beings and a computer, in which the computer recognizes the stimuli of the user and responds accordingly. For example, a computation device that is operated by emotional artificial intelligence can potentially examine the facial gestures of a student while he is studying a particular subject, and understand whether there is any problem in understanding a particular topic, and give directions to the student about the suitable resources that are helpful in understanding the topic.

Several supportive devices, such as cameras and sensors, assist in collecting the inputs in various forms such as different physical and facial gestures. These inputs are further scanned by different algorithms for analysis to estimate the emotional state of the user. Other subtle or subconscious signs of the users can also be addressed by using suitable devices and appropriate IT systems to smooth effective interactions. As a result of this, Affective computing is finding and exploring its applications across various industries and industry verticals to estimate and examine subconscious feedbacks of the customers.

The recent outbreak of COVID-19 pandemic has prompted organizations to put up a break to the biometric participation for workers. This has given the opportunities to the technologies which are beyond the physical interactions. Lockdowns are now coming to an end in many of the geographies and organizations are step by step resuming activities from their premises. At this point, organizations stay excited about embracing gestures, speech, and facial acknowledgment programming for attendance purposes as well as for all the applications utilizing biometric boundaries. For example, a gesture-based or voice-based contactless biometrics framework could be actualized at air terminals for getting tickets. Ventures is expected to be adopting Affective computing touchless cooperation on a priority basis and at a fast pace in the wake of the episode of the COVID-19 pandemic.

Based on Component, the market is segmented into Software and Hardware. Software segment is further classified across Speech Recognition, Enterprise Software, Face Recognition, Analytics Software and Others. Hardware segment is further segmented into Sensors, Storage Devices & Processors and Cameras & Others. Based on Technology, the market is segmented into Touch Based and Touchless. Based on End User, the market is segmented into Healthcare, Media & Entertainment, BFSI, Automotive, IT & Telecom, Retail & E-commerce and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

Companies Profiled

  • IBM Corporation
  • Microsoft Corporation
  • Google, Inc.
  • Apple, Inc.
  • Qualcomm, Inc.
  • Elliptic Laboratories A/S
  • Congnitec Systems GmbH
  • GestureTek, Inc.
  • Eyesight Technologies Ltd.
  • Vocalis Health

Unique Offerings from the Publisher

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis – Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, May – 2020, Jun) Leading Players

Chapter 4. Global Affective Computing Market by Component
4.1 Global Affective Computing Software Market by Region
4.2 Global Affective Computing Market by Software Type
4.2.1 Global Speech Recognition Affective Computing Market by Region
4.2.2 Global Enterprise Software Affective Computing Market by Region
4.2.3 Global Face Recognition Affective Computing Market by Region
4.2.4 Global Analytics Software Affective Computing Market by Region
4.2.5 Global Other Software Type Affective Computing Market by Region
4.3 Global Affective Computing Hardware Market by Region
4.4 Global Affective Computing Market by Hardware Type
4.4.1 Global Affective Computing Sensors Market by Region
4.4.2 Global Affective Computing Storage Devices & Processors Market by Region
4.4.3 Global Affective Computing Cameras & Others Market by Region

Chapter 5. Global Affective Computing Market by Technology
5.1 Global Touch Based Affective Computing Market by Region
5.2 Global Touchless Affective Computing Market by Region

Chapter 6. Global Affective Computing Market by End Use
6.1 Global Healthcare Affective Computing Market by Region
6.2 Global Media & Entertainment Affective Computing Market by Region
6.3 Global BFSI Affective Computing Market by Region
6.4 Global Automotive Affective Computing Market by Region
6.5 Global IT & Telecom Affective Computing Market by Region
6.6 Global Retail & E-commerce Affective Computing Market by Region
6.7 Global Others Affective Computing Market by Region

Chapter 7. Global Affective Computing Market by Region
7.1 North America Affective Computing Market
7.2 Europe Affective Computing Market
7.3 Asia Pacific Affective Computing Market
7.4 LAMEA Affective Computing Market

Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments: Partnerships, Collaborations, and Agreements: Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Microsoft Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments: Product Launches and Product Expansions: Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Google, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments: Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Apple, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Product and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments: Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Qualcomm, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments: Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Elliptic Laboratories A/S
8.6.1 Company Overview
8.6.2 Recent strategies and developments: Partnerships, Collaborations, and Agreements:
8.7 Cognitec Systems GmbH
8.7.1 Company Overview
8.7.2 Recent strategies and developments: Product Launches and Product Expansions:
8.8 GestureTek, Inc.
8.8.1 Company Overview
8.9 Eyesight Technologies Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments: Partnerships, Collaborations, and Agreements:
8.10 Vocalis Health
8.10.1 Company Overview
8.10.2 Recent strategies and developments: Product Launches and Product Expansions

For more information about this report visit https://www.researchandmarkets.com/r/cz188m

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Stay-at-Home Economy Creates Surge in Demand for Vehicle Delivery Services From Local Dealerships



The stay-at-home economy is understandably driving trends toward home cooking and home improvement projects, but surprisingly, it is creating a surge in buying cars delivered directly to consumers’ homes, as well. New research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, finds that 61% of recent car buyers said they would want their newly purchased car delivered at home from their local dealership.1 And dealers are responding in kind: Local dealerships offering home delivery services are up 35% since March.2

Consumers are finding new ways to purchase their new or used cars from local dealerships, leaning on real-time messaging and chat functionality, virtual vehicle walk-arounds and test drives with video, completing financing and trade-ins online, and receiving their newly purchased car delivered on the same day right to their driveway. Juggling homeschooling and working from home, the COVID-19 pandemic accelerated the adoption of virtual car-buying tools and contactless home delivery options from both shoppers and sellers. In addition to providing a lifeline to local dealerships during showroom closures and in the months that followed, these digital offerings help them effectively compete against disruptors in the space and national online-only car sellers — and it is working.

“During the start of the pandemic, and certainly far beyond, consumers have turned to personal car ownership as their preferred and safe mode of transportation,” said Alex Vetter, CEO of Cars.com Inc. “While the technology and digital retailing tools are not new to the industry or CARS, there is a noticeable increased usage driven by shopper demand and dealers are rapidly shifting their strategies to meet this new consumer expectation.”

Research from Cars.com shows demand is growing for home delivery and virtual car-buying options from dealerships;

  • People are still buying cars and the main reason is COVID-19. Of those who purchased a car within the last six months, 57% said it was due to the pandemic.3
  • The pandemic accelerated online car shopping and buying. Walk-in traffic to dealership showrooms is still down 15% nationwide4, largely replaced by digital visits as consumers prefer to stay home and shop from afar. And 57% of recent buyers said they conducted the bulk of the vehicle transaction online with their local dealership. Online buying is highest in New York (81%) and Los Angeles (73%), followed by Chicago (65%), Atlanta (64%) and Dallas (63%).3
  • Consumers are engaging more with dealers who offer virtual services. Since launching its new Virtual Appointment and Home Delivery badges on its website to indicate which dealers are offering these services, Cars.com reports an increase of 30% in contact and user engagement for dealers offering home delivery and virtual options versus those still offering the traditional showroom experience5.
  • Dealers are meeting consumers on their turf — their homes. In March, at the start of the pandemic, 49% of dealers said they offered home delivery services. By August, 66% offered the services, an increase of 35% in less than half a year2. Approximately 20% of recent car buyers used home delivery from their local dealership6, while 61% of recent buyers state they would use this service from their local dealership if it were offered, showing sustained interest in this growing trend.1
  • Home delivery is dominated by luxury brands, but non-luxury is starting to infiltrate the top 10. Of the recent car buyers who took advantage of home delivery, they purchased from a mix of luxury and non-luxury auto brands. Most home deliveries by brand by recent buyers include: (1) Land Rover, (2) Mitsubishi, (3) Lincoln, (4) Mercedes-Benz, (5) Volvo, (6) Nissan, (7) Infiniti, (8) Cadillac, (9) Acura, (10) Buick.1

For more information, visit Cars.com.

1 DealerRater consumer survey Sept. 14-19, 2020; 12,104 responses
2 CARS Dealer Community, March 2020August 2020
CARS Gen Pop In-Market Car Shoppers. Aug. 13-14, 2020; 3,062 responses
4 Cars.com Internal Data, Adobe Site Analysis, Sept. 24, 2020
5 Cars.com Internal Data, Badge Analysis, Sept. 24, 2020
DealerRater consumer survey Aug. 20-24, 2020; 11,137 responses

The Tech Dilemma: Millions of Unfilled Jobs, Not Enough Workers, and Lack of Confidence in STEM Education



As companies grow and become more valuable, they are able to hire and invest in new products and technologies. But they need skilled workers to grow.

This is the Tech Dilemma: Too many jobs, not enough workers. Not exactly what you’d expect with the country walking a pandemic tightrope with over 8.4% unemployment (according to the Bureau of Labor Statistics).

For instance, many of the FAANGs, or five of the most prominent American tech companies – Facebook, Apple, Amazon, Netflix, Alphabet (formerly known as Google) – are collectively adding employees to handle the influx of demand attributed to eCommerce.

Amazon (AMZN) recently announced that they are ramping up investments in corporate and tech jobs, looking to hire 33,000 new employees with annual compensation packages at $150,000 (Source: CNN Business).

And, Netflix Inc. (NFLX) founder and co-chief executive officer Reed Hastings said the company has been and will keep hiring through the uncertainty of the COVID pandemic (Source: Bloomberg).

Facebook (FB) COO, Sheryl Sandbergtold CNBC earlier in the year “that the social media company expects to hire an additional 10,000 people by the end of 2020.” The majority of the hires will be in highly-compensated product and engineering roles.

Not to mention that the market cap of Netflix has doubled in the past year—it was trading at $254 a share a year ago, and is now hovering around $500. Alphabet is up about 50% for the same period. And Amazon is up about 80%.

All of that said, according to the Smithsonian Science Education Center, 2.4 million STEM Jobs went unfilled in the U.S in 2018.

Understanding this skills gap better than most, Silicon Valley-based iD Tech, the world leader in tech education, and operator of year-round STEM-based programs for kids and teens, launched its own related survey, hearing back from more than 2,000 respondents.

Findings included the fact that, among parents with children in an online or hybrid program (82% of all respondents), 56% of parents are not confident in the quality of education their children are receiving this fall. That number is even higher for STEM offerings, with 65% of parents responding that they don’t believe STEM programs offered to their students meet their standards.

Additionally, in the same survey, the majority of parents polled stated that schooling this fall during the COVID-19 pandemic was more stressful for their students (55%) and for themselves (68%). Related takeaways include a lack of individualized student attention (57%) and students being bored during the school day (43%).

With an educational system reeling from the side effects of COVID-19, a whole new lexicon has emerged, from “pandemic pods” to “Zoom calls.” Schools and teachers are working to handle all that is being thrown at them, but there is no silver bullet. Parents are scrambling to find creative ways to cover a disrupted school year. That is where a handful of operators, like iD Tech, are stepping in to fill the skills gap.

“The need is enormous right now—there is a massive skills gap between the needs that major tech companies have, and what we are teaching our kids every day. Gaining deep exposure to STEM topics on a regular basis at an early age is absolutely vital to the future of our kids, and to the future of our country,” said Pete Ingram-Cauchi, CEO of iD Tech and father of three school-aged children.

iD Tech teaches cutting-edge topics ranging from virtual robotics to Roblox and 3D printing, and in-demand coding languages like Java, Python, and Unity. It also recently launched a math tutoring service in response to consumer demand. iD Tech alumni often go on to work for companies like Amazon, Google, Microsoft, and also Facebook, where Cole Bowden – former iD Tech camper – embraced his pathway and went from student to instructor to now engineer.

Top tech companies are taking notice. Recently, iD Tech has collaborated with NVIDIA, Salesforce, Nokia, Hudson River Trading, T-Mobile, and Google to train up thousands of kids from all over the country. “This is the pipeline of talent that companies need, right now. And the jobs are lucrative,” said Ingram-Cauchi.

DeepSurface Security Announces $1 Million in Funding to Launch Flagship Product to Power the Next Generation of Enterprise Vulnerability Management



DeepSurface Security today announced $1 Million in seed funding to launch the industry’s first automated Predictive Vulnerability Management suite of tools. The company, which has been in beta for the past year with several large healthcare, SaaS, and financial services businesses, allows cybersecurity teams to automate the stubbornly manual and imprecise process of analyzing and prioritizing vulnerabilities on enterprise networks. Led by Cascade Seed Fund and joined by SeaChange Fund and Voyager Capital, the company will use the funds to publicly release their product in Q4 and to expand their team in the Portland area.

As networks have become more complex with the addition of cloud computing, mobile devices, and IoT, published software vulnerabilities have accelerated roughly 12% year over year, with over 22,000 security vulnerabilities published in 2019 alone. These vulnerabilities affect product integrity, stability and reliability. While vulnerability scanners can identify the thousands of vulnerabilities that may exist on an enterprise network, cybersecurity staff must still manually sort through the flagged vulnerabilities and identify which are the most important to patch first and which are false positives. At the same time, global demand for cybersecurity professionals has outstripped supply, creating a critical cybersecurity skills gap and talent shortage.

DeepSurface’s Predictive Vulnerability Management platform helps to solve this problem by automating the discovery, accurate prioritization, and research for remediation of vulnerabilities leading to real risk reduction on their networks. Not meant to replace vulnerability scanners, but to pick up where they leave off, DeepSurface automatically collects deep knowledge of user permissions and activity, application permissions, host configurations, and the location of sensitive data to create a detailed threat model and map of all exploitation pathways through a network caused by unpatched software. Most importantly, DeepSurface computes the risk of each vulnerability and risk pathway based on potential impact to critical assets. By arming teams with actionable intelligence and the contextual analysis they need to measure and prioritize risk, teams can objectively prove where they should spend their time to reduce the most risk.

“With essential information stored on networks and the cloud, it’s critical that companies patch the vulnerabilities most dangerous to them promptly before they cost a company damage to their brand and revenue” said DeepSurface CEO James Dirksen. “With Deep Surface’s unique mapping, wayfinding capabilities and actionable intelligence, security teams are finally able to attack the most dangerous vulnerabilities first with precision allowing teams to optimize the time spent on the areas of greatest risk.”

According to Gartner, “end-user spending for the information security and risk management market is estimated to grow at a compound annual growth rate of 8.2% from 2019 through 2024 to reach $207.7 billion in constant currency.”1

“Despite the large investments many companies are making in risk management solutions, choosing which vulnerabilities to address first remains a stubbornly manual and imprecise process,” said Robert Pease, Managing Director of Cascade Seed Fund. “As more and more companies look to improve their risk reduction systems, automation is a natural next step. We found that DeepSurface has built a compelling solution for predictive vulnerability management and are excited to see where this investment takes them.”

Founded in 2017 the Portland-based company is led by CEO James Dirksen, a veteran Portland entrepreneur who bought and grew web categorization company RuleSpace, LLC and sold it to Symantec, and Tim Morgan, a leading penetration and application security tester. They are joined by a strong bench of advisors that includes Dwayne Melancon, former Chief Technology Officer at Tripwire; Dave Cole, former Chief Product Officer at Tenable; John Ewert, former Chief Operating Officer at Palo Alto Networks; and Rob Wiltbank, Chief Executive Officer of Galois, Inc.

“Finally a vulnerability tool that will identify exactly what to fix and the patch to deploy in priority of risk to the enterprise” said Diane Fraiman, Managing Director Voyager Capital.”This is hard to do and positions DeepSurface in a great position to gain market leadership. Voyager Capital is excited to be part of this growth opportunity.”

The beta version of DeepSurface is in use by large enterprise healthcare, SaaS, and financial companies. General availability will be available in Q4, 2020, and the company is scheduling preview tours of the product to vulnerability management teams and CISOs now.

EY survey: Impact of COVID-19 increases urgency of digital technology investments for oil and gas; skill gaps within the workforce hinder ROI



Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a new EY survey: Oil and Gas Digital Transformation and the Workforce Survey 2020. In fact, 58% said the COVID-19 pandemic has made investing in digital technology more urgent, with a majority planning to invest a great deal (29%) or moderate amount (51%) relative to their total budget.

“The COVID-19 pandemic has accelerated the timeline for some digital technology adoption from five years to three months,” said Andy Brogan, EY Global Oil & Gas Leader. “The cost savings digital can deliver is critical for survival in today’s low-price environment, as oil and gas companies look to gain greater operational efficiencies and drive productivity across the value chain. However, to capture the full value of these investments, oil and gas companies need the skills to harness and use the technology to its maximum potential.”

Technology does not use itself, addressing skill gaps linked to future success

According to the survey, nearly half (46%) of companies, on average, do not have the skills within their current workforce to realize the investment on their adopted technologies. Companies recognize a lack of maturity in many skills around digital technologies they have deemed as critical — on average, the gap between importance and maturity is 36%. For instance, the increasing availability of data analytics and insights was cited by 43% of executives as one of the top three trends that will positively impact their company’s business growth in the next three years. Yet, the gap between strategic importance and maturity of key skills was one of the widest on data analytics at 59%.

“The sector is now in a critical period in which the role of technology will only accelerate, the volume of data will only grow and competition for talent will only increase,” said Tim Haskell, US Oil & Gas People Advisory Services Leader, Ernst & Young LLP (EY US). “The challenge for oil and gas is immediate. It’s not enough for companies to simply spend more on technology. Investment in the workforce is needed to scale and integrate technologies and ultimately capture the intended value. Companies must find an investment balance while addressing market pressures. Otherwise, the industry will lose crucial years and potentially a generation of workers.”

Organizational and cultural challenges top the list for barriers to reskilling

Ninety-two percent of executives agree their ability to reskill as a company will determine their success over the next three years. However, only 9% feel strongly that they have a robust plan in place to do so, and just 3% feel strongly their organization is good at teaching in-demand skills, according to the EY survey.

When asked about their current workforce, oil and gas executives said 60% of workers need to be reskilled or upskilled, and it will take an average of 10 months to reskill the average worker, with nearly half of executives (48%) expecting it to take a year or longer. Executives raised the time needed to reskill (97%), competing priorities (95%) and difficulty in assessing employee progress (95%) as primary impediments to reskilling. Furthermore, two-thirds expressed a belief their organization’s structure hinders its ability to innovate, making solving these and other challenges more difficult.

Proceed with caution — executives expect future access to in-demand skills

Oil and gas executives anticipate greater access to workers with digital skills within the next three years, alleviating the current shortage, according to the EY survey. The proportion of executives whose companies have adequate access to workers with cloud computing skills is expected to improve 11 percentage points over current availability along with digital literacy (+18), data science (+26) and artificial intelligence (AI, +24).

“Oil and gas executives may be overly optimistic in their view of improved access to digital skills in the future,” Haskell said. “Demand for digital skills is growing across every industry. Those with AI and data science capabilities will be some of the most sought-after talent in the coming years. Oil and gas will encounter stiff competition for talent and will have to overcome negative perceptions among younger generations who tend to favor careers in technology and other industries. This makes reskilling and upskilling even more critical for oil and gas companies.”