Women’s Day: T-Hub, Anthill Launch Smart Women Angels Network in India

Women's Day: T-Hub, Anthill Launch Smart Women Angels Network in India

T-Hub on Tuesday said it along with Anthill, a speed scaling platform for early-growth stage startups, has launched a international startup initiative in India – the Smart Women Angels Network (SWAN).

T-Hub is a startup incubator set up by the Telangana Government to celebrate the entrepreneurial spirit in women and create awareness about investing and recognising the need for women investors, T-Hub and Anthill have launched SWAN, a release said.

SWAN, which has its roots in Barcelona has now spread its wings to reach India to create a network of women angel investors who will then collaborate with their counterparts from across the world to interact with and invest in startups, it said.

Jay Krishnan, CEO, T-Hub said, “To encourage women to be active members of the ecosystem, T-Hub in collaboration with Anthill, has launched SWAN in India. We truly believe this reputed programme will not only suffuse the culture in the country, but change the dynamics of the community to make it more inclusive.”

Prasad Vanga, founder and CEO, Anthill said, “With the launch of SWAN, we want to boost the presence of more women investors in India.”

Cristina Ventura, president of SWAN and an Angel and Fund-of-Funds Investor, said, “The percentage of women investors around the world is very less. For example, in the US just 20 percent of the investors are women, in Europe it is 5 pe cent, in the UK it is 14 percent while in Spain it is just 8 percent. In India, the numbers are very low.”

“SWAN believes in creating an inclusive network that can make a positive difference,” added Ventura.

Tags: T Hub, Anthill, SWAN, Women’s Day, India
[“Source-Gadgets”]

Kasisto Announces KAI Insights to Transform Banking Data into Intelligent Conversations

SAN JOSE, Calif., March 6, 2017 /PRNewswire/ — Today at the Bank Innovation Conference, Kasisto announced KAI Insights, significantly extending the capabilities of its conversational AI platform that powers smart bots and virtual assistants for financial institutions. With Insights and Conversation tightly integrated as part of the KAI Banking platform, bots and assistants can seamlessly process banking data to predict customers’ financial needs and make actionable recommendations – all via human-like conversations.

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More than 70 percent of consumers would be willing to receive computer-generated banking advice, as noted in a recent Accenture survey of 33,000 consumers across 18 countries. In addition, Gartner estimates that by 2020, customers will manage 85 percent of their relationship with a business without interacting with a human. Kasisto’s customers are paving the way toward that future by defining how consumers will engage with their banks.

On its own, a financial institution’s raw data is not enough to drive intelligent conversations and actionable recommendations. With KAI Insights, the disparate and often uncategorized data is continually augmented and enriched so Kasisto’s conversational engine can leverage the high quality data, understand users and generate a customized, personalized, contextual response in the way people actually speak and text with one another. KAI Insights takes data analysis to the next level by creating data-driven triggers based on patterns and events which are used by the conversational engine to offer proactive recommendations, contextual promotions and real-time notifications. The combination of insights and conversation is what enables KAI-powered assistants and bots to become powerful “do engines” – predicting needs, solving problems and fulfilling requests for consumers.

With KAI, financial institutions meet the increasing demands and expectations of their customers who want immediate answers, personalized recommendations and excellent user experiences. It enables entirely new omni-channel banking experiences that help:

  • Reduce customer care costs by eliminating and qualifying customer inquiries. KAI-powered bots and assistants proactively inform customers about transactions and patterns, and suggest actions to self serve.
  • Increase sales of products and services with contextual offers. KAI-powered bots and assistants cross-promote and upsell with personalized call-to-actions.
  • Improve customers’ financial well-being and literacy. KAI-powered bots and assistants provide data-driven recommendations and insights to help customers manage their money.
  • Increase brand loyalty by highlighting unrealized features and benefits to consumers about current products and services.

“We have significant traction in the market and valuable experience under our belt deploying KAI at various financial institutions,” said Zor Gorelov, CEO and Co-Founder of Kasisto. “With this production experience, we’ve learned that often there is a need to augment banking data to fully unleash the benefits and power of our conversational platform. That’s why it is so important to have Insights and Conversation working hand in hand. The heavy lifting that Insights does with the data is really what makes the conversation intelligent, and ultimately a more personal and meaningful banking experience.”

KAI Insights creates experiences that help financial institutions increase engagement and conversion in entirely new ways, such as:

  • Proactively asking a customer if they want to set a travel alert on a credit card after they made an airline purchase and walking them through creating the alert
  • Suggesting that a customer move money from their savings account to checking to cover a bill that is due soon.
  • Informing a customer about a credit card benefit, like extended warranty, after a large purchase at an electronics store.
  • Notifying a customer when a goal is achieved, like eating out less, and recommending that they open a savings account.

Kasisto licenses KAI Banking to financial institutions, including the world’s most innovative retail banks, credit card companies, brokerage houses and wealth management firms. Publicly announced customers include DBS Bank, Mastercard and Varo Money, while other leading financial institutions are in various stages of piloting the platform.

About Kasisto
Kasisto was founded in 2013 with the vision of enabling companies to engage and transact with their customers through intelligent conversations, anytime, anywhere. Kasisto’s conversational AI platform, KAI, offers enterprises a comprehensive AI technology stack combined with industry-specific domain expertise to make bots and virtual assistants well versed in the businesses they serve. As an SRI International spin-off, Kasisto leverages decades of research and development in artificial intelligence. KAI Banking enables financial institutions to add virtual assistants and smart bots to their mobile apps, websites and leading messaging platforms. With an emphasis on great user experience, KAI-powered virtual assistants and smart bots are easy to implement, customize and maintain. For more information visit www.kasisto.com and follow @kasistoinc on Twitter.

[“Source- finance”]

SEGA ACQUIRES CRYTEK BLACK SEA, EXPANDS CREATIVE ASSEMBLY

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Sega Europe has announced today it has acquired Crytek Black Sea and added the studio to the ranks of Halo Wars 2, Total War, and Alien: Isolation developer Creative Assembly, reports GamesIndustry.biz.

The studio, based in Bulgaria’s capital, will now be called Creative Assembly Sofia.

Crytek Black Sea was established in 2008 after Crytek’s purchase of Black Sea Studios (Knights of Honor, Worldshift). Crytek Black Sea was developing Crytek’s free-to-play MOBA Arena of Fate up until their closure in December 2016. The studio was one of five shuttered by Crytek following a lengthy period of financial strife for the German software company.

“The acquisition of Crytek Black Sea further enhances Sega Europe’s development capabilities and strengthens our ability to output diverse and engaging content for our IP,” said Sega Europe president and COO Jurgen Post, confirming Creative Assembly Sofia will be working exclusively on content for Creative Assembly.

According to Post the studio “will prove an invaluable asset given the multitude of unannounced titles currently in the works.”

With the addition of Creative Assembly Sofia, the global Creative Assembly team has reportedly now grown to over 500 people.

Founded in 1987 Creative Assembly is based in West Sussex, UK. The developer previously operated an overseas branch in Brisbane, Australia but that was re-branded Sega Studios Australia and subsequently closed in 2013.

The recently-released Halo Wars 2 is Creative Assembly’s latest game; you can check out the review here.

[“Source- ign”]

The meaning of education is being lost in a fug of qualifications

Educated, or merely qualified? The two are becoming  difficult to distinguish. Photograph: iStock

Educated, or merely qualified? The two are becoming difficult to distinguish. Photograph: iStock

this mad drive by universities to assuage the captains of industry and cyclopean economists, it is difficult to distinguish any more between those graduates who are educated and those who are merely qualified.

The international media burped a little recently on discovering that the world’s league-leading universities are far too busy with research to be overly bothered with or about education. Commentators seemed surprised. As if people believed that all the money being poured by corporations into universities was to raise educational standards. How pure and how naive!

Universities, perforce, are a business. Each reduction in public funding pushes them closer to becoming creatures of the economic establishment.

So, for leading universities, survival requires them to commit to research, innovation and corporate partnership. Education is plummeting down the priority list, overtaken by business creep. The idea of a university is being dumbed down. Core values have deteriorated as education becomes indefinable in a fug of qualifications.

The spectre of the highly qualified but uneducated professional was prompted by a recent comment from an elderly countrywoman accompanying her terminally ill husband from a consultation with a specialist in the city.

“For a highly educated man with a dozen letters after his name, he had no manners at all. He looked down his nose at us and spoke in words we didn’t understand,” she said.

Her comment reflected the modern-day challenge in distinguishing between education and qualification.

Synonymous

Unfortunately, the two have become synonymous with each other in general discourse and the confusion is reinforced by the fact that university awards fail to flag any difference between those considered to be educated and those considered to be merely qualified.

Consequently, it is not unusual to come across holders of senior offices in public life or the professions who, though comprehensively qualified, fail to display even the most basic evidence of education. Very often, indeed, they mask their boorishness and arrogance with expensive suits or impenetrable language when engaging with the general public or less exalted colleagues.

Interestingly, in olden times universities required students to be bachelors or masters in arts or philosophy before they were allowed to specialise as doctors in disciplines such as medicine, law or other professional areas. Strikes me that it is time to look back to the future and recalibrate university policy accordingly.

Our national mindset, however, seems to equate education with university qualification. Lamentably, we don’t generally hear references to “highly educated” plumbers or farmers or grocers or mechanics, no matter how qualified they may happen to be. This despite the fact that many such people can be more educated than many of us who are proud university graduates.

Undoubtedly, universities can and do produce highly educated graduates, but it would be absurd to conclude that universities are the only route to education.

And it is equally ludicrous to assume that people are educated merely on the basis of their having a university degree.

Two millennia ago

Consider that two millennia ago, long before universities were founded, ordinary folk could respect and revere the likes of Plato and Socrates as being educated. How did they know? Well, because whereas the traits of an educated person are difficult to measure, they are easy to recognise.

And what’s to recognise? Well, on that score, the conclusions of the great philosophers are uncomplicated but instructive.

Plato opined that the process of education should develop qualities of wisdom, courage, self-control and justice. For Aristotle, education developed the perfection of reason in concert with the development of bodily and mental functions.

Socrates referenced, inter alia, qualities such as honesty, bravery, reason, and the ability to cope with success and failure. Newman saw tolerance as the defining quality of the educated person.

League tables might mean something if these qualities were the basis of points accumulation, but no doubt that would be a bridge too far for our neoliberal friends.

The question is: do the universities see any need to develop or inculcate these traits before registering applicants for courses leading to professional qualification?

It is hardly revolutionary or even novel to suggest that we should educate people first before preparing and qualifying them for their role in the community. Was that not the idea of a university?

So let’s value education and let’s respect qualifications, but let’s also know the difference. Time to rebalance. Funding our universities would be a good start.

Joe O’Toole is a teacher, former senator and general secretary of the Irish National Teachers’ Organisation

[“Source- irishtimes”]