Sanctuary AI, a company on a mission to create the world’s first human-like intelligence in general purpose robots, has announced a strategic investment from BDC Capital’s Thrive Venture Fund and InBC Investment Corp. (InBC). This brings the total investment in Sanctuary to over $140 million to date. BDC is Canada’s most active venture capital investor, and InBC is a strategic investment fund created by the Province of British Columbia (BC) to benefit BC. The additional funds will be used to further accelerate Sanctuary’s progress towards bringing AI into the physical world.

Sanctuary’s existing investors include Accenture, Bell, Export Development Canada, Evok Innovations, Magna, SE Health, Verizon Ventures, and Workday Ventures. It also received a $30 million Strategic Innovation Fund (SIF) contribution from the Government of Canada in November 2022.

“Following the incredible impact of pre-trained transformers on the digital world over the last seven years, with acceleration in the last few, we see AI in the physical world as being the next major frontier for impacting the way we work and live.” Said Olivia Norton, Co-founder, Chief Technology and Product Officer of Sanctuary AI. “With aging populations, plummeting birth rates, and a changing view on work, intelligent embodied systems, or general purpose robots will play an important role in provincial and national productivity. We believe that Canada has an opportunity to be a world leader in this space. It is great to work with organizations like BDC and InBC who understand and share this vision.”

“At BDC capital, we’re proud to invest in Canada’s most innovative women-led businesses, like Sanctuary AI, that are disrupting today’s market. We’re thrilled to support Sanctuary AI’s team as they realize their next groundbreaking achievements.” Said Michelle Scarborough, Managing Partner at BDC Capital’s Thrive Venture Fund.  

“We have invested in Sanctuary whose mission is helping to build a new growth industry in British Columbia.” Finished Leah Nguyen, Chief Investment Officer (CIO) at InBC. “Sanctuary is a great example of the creative and innovative spirit in BC, and by investing in leading innovators like Sanctuary we will continue to grow our technology sector, creating new jobs and anchoring IP in the province for a stronger, more sustainable economy that works for everyone.”

Olivia Norton will be interviewed by Leah Nguyen on the theme of ”Solving hard problems” at BDC’s 5^th anniversary edition of the Women in Tech Bootcamp at StartupFest on July 10^th in Montreal.

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Intelisys, a ScanSource (NASDAQ: SCSC) company, and a leading provider of technology services and solutions, today announced the appointment of Ken Mills as its new president. In this role, Mills will lead the company’s strategic direction with a focus on driving sustainable growth for the company, its partners and suppliers.

Mills brings nearly 25 years of leadership experience with fast-growing, innovative technology companies, including Dell Technologies, Cisco, and the US Department of State. He most recently served as CEO for Epic iO Technologies, a tech-enabled SaaS company, where he was instrumental in increasing revenue and shareholder value, as well as developing partner-focused platforms to improve productivity and efficiency. Mills has a deep level of technology acumen, bringing exceptional insight on AI, IoT, 5G, among others. His commitment to creating meaningful enterprise value, while simultaneously developing a company’s vision and leading world-class teams will be critical to his role at Intelisys.

“Ken is a very strategic and thoughtful leader, whose vision, insight and commitment to driving growth will be of great benefit to Intelisys and our partners,” said Mike Baur, Chair and CEO, ScanSource, Inc. “Ken is committed to advancing the Intelisys business by first listening to the valued insight from our team, partners and suppliers to truly understand the culture, opportunities and concerns of our ecosystem. We are excited to have him lead our outstanding team.”

Mills holds his Master of Public Administration from Clemson University and completed the Naval Nuclear Engineering Program in the United States Navy. He has held roles as a board member for Industrial Security Integrators, the Security Industry Association (SIA), the University of South Florida Muma College of Business, and the National Center for Spectator Sports Safety and Security.

“I have long admired the agency business, how entrepreneurial Intelisys’ partners are, and the immense value they bring to the end user,” said Ken Mills. “I’m excited to be a part of a company investing in the future and continuing to build a meaningful business with a partner-first strategy.”

Mills will report to Mike Baur.

For more information about Intelisys, please visit www.intelisys.com.

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Artisight, Inc., a Smart Hospital Platform powered by artificial intelligence to enable virtual care models, quality improvement and care coordination solutions, announced today that it was recognized as a 2024 Top Company in Smart Hospitals upon conclusion of extensive research and company outreach by AVIA Marketplace, the leading digital health marketplace. This latest honor follows AVIA Marketplace’s recent recognition of Artisight as a 2024 Top Company in Smart Rooms, making Artisight the only platform vendor among its competitors named to both lists.

Artisight redefines the possibilities of healthcare through its Smart Hospital Platform and solutions for virtual care, quality improvement, and care coordination. Anchored in deep clinical knowledge and industry-defining artificial intelligence, Artisight’s state-of-the-art computer vision and robust multi-sensor network adapts in real-time to specific environments and workflows, unlocking previously inaccessible data and ensuring seamless integration into the healthcare ecosystem. Artisight works closely with its health system clients to tailor algorithms to each care site, delivering technology that directly addresses the hospital’s unique environment.

Artisight delivers results for clients, including:

• Reduced nurse turnover
• Millions in savings
• Increased nurse satisfaction
• Reduced time spent on administrative tasks
• Improved patient outcomes, including reduction in falls

“The recognition by AVIA Marketplace in both the Smart Hospital and Smart Rooms Reports illustrates that our technology is a true platform solution that offers comprehensive technology to remedy quality and care coordination challenges faced by health systems,” said Andrew Gostine, CEO, Artisight. “These honors strengthen our commitment to alleviate the burden on clinicians and drive measurable safety and efficiency gains for hospitals.”  

The Artisight Smart Hospital Platform surpasses other technologies by pushing beyond the bedside to the operating room (OR) and clinic settings.

Artisight:

• Improves OR utilization
• Increases patient safety in the OR
• Reduces wait times and increases revenue in clinic

In addition to being recognized twice by AVIA Marketplace in 2024, Artisight was a recent recipient of the MedTech Breakthrough Award for Best Care Delivery Platform and CHIME Innovator of the Year Award (with its client, Guthrie Clinic). The company was also recently selected to join the Microsoft for Startups Pegasus Program.

The 2024 Top Smart Hospitals Companies Report represents the aggregation and analysis of client ratings and reviews as well as health system implementation data across the country and highlights broader industry trends to contextualize the impact the companies and products are currently having in the space. Given the complexity and evolving nature of the smart hospitals, the report helps define the smart hospitals landscape and how these solutions best support patient access.

“Smart hospitals are ushering in a new era of healthcare delivery,” said Dhiraj Patkar, SVP of Digital Health Solutions at AVIA. “These advanced facilities leverage embedded technologies for tracking, transport, and navigation, combined with data-driven insights. This powerful integration not only streamlines staff workflows and boosts operational efficiencies but also significantly enhances the patient experience. As healthcare evolves, smart hospitals are proving instrumental in meeting rising patient expectations for technologically advanced care. By embracing these innovative solutions, health systems can position themselves at the forefront of patient-centric care delivery, ensuring they not only meet but exceed the demands of modern healthcare consumers.”

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At the core of this revolutionary feature is SelfDecode’s proprietary precision health technology, a sophisticated AI system trained on vast datasets of genetic information, lab test results, lifestyle factors, symptoms, conditions, and health goals. By seamlessly integrating these data points, DecodyGPT offers users an unparalleled level of personalized guidance and support, empowering people to make informed decisions about their health and well-being.

“With DecodyGPT, we’re taking personalized health to the next level,” says Joe Cohen, Founder and CEO of SelfDecode. “This isn’t just another chatbot – it’s a sophisticated AI health coach that understands your unique genetic makeup, health history, and individual goals. Whether you’re managing chronic conditions, optimizing your wellness routine, or simply seeking answers to your health questions, DecodyGPT is there to guide you every step of the way. It’s like ChatGPT, but can answer health questions specifically designed for your body.”

Key features of Precision Health GPT include:

• Personalized Guidance: Receive tailored recommendations and insights based on your DNA, lab results, lifestyle choices, symptoms, and health objectives.
• Real-Time Support: Access instant responses to your health-related queries, 24/7, without the need for appointments or waiting times.
• Holistic Approach: Benefit from a comprehensive analysis that considers multiple factors influencing your health, including genetic predispositions, environmental factors, current symptoms or conditions, and goals.
• Continuous Learning: Precision Health GPT continually evolves and learns from user interactions, ensuring that recommendations are always up-to-date and relevant.

This groundbreaking feature marks a significant step forward towards truly personalized healthcare. By harnessing the power of AI and data-driven insights, SelfDecode is empowering individuals to take control of their health.

“As we continue to advance the frontiers of precision health, our mission remains clear: to empower individuals with the knowledge and tools they need to live healthier, happier and longer lives,” adds Cohen. “With DecodyGPT, we’re making personalized health accessible to everyone, revolutionizing the way we approach wellness and disease prevention.”

DecodyGPT is now available to all SelfDecode users, offering a transformative new way to navigate the complexities of health and wellness. To learn more and experience the future of personalized health, visit selfdecode.com.

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Bain & Company has been recognized as a Leader, the highest category ranking a firm can receive, in The Forrester Wave: Innovation Consulting Services, Q2 2024. “Clients that seek holistic innovation advisory, anchored in a C-suite-mandated innovation strategy, are well placed to work with Bain,” wrote Forrester.

According to the report, Bain “has developed a sophisticated approach to organizational change, which was highly recognized by reference customers.” Reference customers also highlighted that Bain was “highly invested in their success, adapted quickly to their culture, and focused on capability building in the client organization.”

“We are thrilled to be recognized by Forrester as a leader in Innovation Consulting Services,” said Dunigan O’Keeffe,” a San Francisco based Partner and head of Bain’s global Strategy practice. “In today’s rapidly changing environment, having strong innovation capabilities is a strategic imperative for our clients as they pursue full potential.”

Forrester’s report also recognized Bain for following “a branded playbook for innovation strategy alignment, based on its “today forward and future back” approach, supporting organizations in articulating investment needs, opportunity spaces, and value propositions for innovation.”

According to the report, “Targeted at innovation portfolio derisking, Bain supports the full innovation lifecycle across the discover, validate, build, and commercialize phases.” It also found that to create sustainable delivery, “Bain emphasizes innovation ecosystems to drive informed ‘buy-partner-build’ decisions and art-of-the-possible experiences.”

“Innovation is a muscle that is challenging for many of our clients to build,” said O’Keeffe. “This recognition from Forrester reflects for us our commitment to helping our clients not only deliver on specific innovation projects, but also build ongoing innovation capabilities.”

Bain employs more than 1,500 in-house innovation delivery experts that provide world-class capabilities in new business innovation, product and experience innovation, automation, enterprise technology, software engineering and advanced analytics, including data science, machine learning and data engineering.

“Helping our clients solve their toughest innovation challenges requires integrated, interdisciplinary teaming,” said Arpan Sheth, a Partner and head of Bain’s global Innovation and Design capability. “We combine sector expertise and analytical rigor with innovation, design, engineering and technical experts in order to help our clients achieve their innovation goals.”

Forrester’s report further notes that: “…Bain emphasizes ecosystems and partnerships, most notably its AI impact alliance and venture ecosystem.” In recent years Bain has acquired or invested in several leading companies to enhance its innovation offerings. Bain’s latest acquisitions have included Umbrage, a Houston-based digital products studio working on state-of-the-art software solutions, Rainmaking APAC, a Singapore-based venture-building and start-up development studio, and Max Kelsen’s Australia-based AI engineering team. 

Additionally, the firm continues to expand its network of more than 700 ecosystem partners that provide access to new and emerging capabilities, including its global services alliance with OpenAI and a key partnership with Microsoft, enabling clients to deploy AI applications across their operations faster, more effectively and at scale.

“We have made significant investments in continuing to enhance our innovation talent and capabilities, both organically and through partnerships and acquisitions, and will continue doing so in the future,” said Sheth.

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M-Files, the leader in knowledge work automation, today announced that the company has been honored as the Gold Winner in the Information Technology Disruptors category of the 4th Annual 2024 Globee® Awards for Disruptors.

The Globee Awards for Disruptors is a celebrated program that acknowledges organizations and individuals who have made groundbreaking contributions in driving disruptive innovation. M-Files, with its leading knowledge work automation platform, received recognition for enabling knowledge workers to find information faster, work smarter, and achieve more in the digital age, enabling a 294% ROI.

At the core of M-Files lies its metadata-driven architecture, embedded workflow engine, and advanced artificial intelligence (AI). The M-Files platform eliminates information chaos, enhances process efficiency, automates security and compliance, and improves customer experience, transforming document and information management into a catalyst for business growth and insight.

“Knowledge work automation has emerged as a transformative force in the workplace, redefining how professionals engage with work tasks and unlocking new levels of productivity,” said Antti Nivala, founder and CEO, M-Files. “With the M-Files platform, knowledge workers can boost efficiencies by freeing themselves from repetitive, mundane tasks to focus on the more complex problem-solving aspects of their work. Our Globee award recognition demonstrates our commitment to reshaping the future of work with automation and industry-leading AI, giving organizations a competitive edge.”

Driven by M-Files’ innovations and advancements, M-Files achieved extraordinary growth in 2023, surpassing $100M and achieving Centaur status. In October 2023, M-Files introduced its proprietary GenAI technology, M-Files Aino, enabling real-time, context-aware assistance to process vast amounts of information quickly, get answers to complex questions and arrive at conclusions faster. Its multilingual capabilities support global enterprises by summarizing documents and answering questions in any language, saving these insights as searchable metadata. The M-Files metadata foundation drives superior AI experiences by creating a unique, customer-specific information model that surrounds all content, ensuring safe and high-quality results. With M-Files, organizations automatically get the mandatory enablers for successful AI deployment: connectivity, confidentiality, and curation.

“Congratulations to all the exceptional disruptors celebrated in the 4th Annual Globee Awards for Disruptors,” said San Madan, president, Globee Awards. “Your relentless pursuit of innovation and ability to challenge the status quo distinguish you as true game-changers in your fields. Your visionary ideas, groundbreaking solutions, and steadfast determination have not only disrupted the market but also inspired others to reimagine what is possible. Keep innovating, keep pushing boundaries, and keep shaping the future. The world needs more disruptors like you. Well done!”

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In a move to better enhance operational efficiency and strategic focus, the Board initiated a leadership review to better support BenevolentAI’s ambitious growth plans. The results of the review include Ms. Catherine Isted stepping down from her role as Chief Financial Officer. The Board extends its gratitude to Ms. Isted for her contributions. Mr. Tom Holgate, who has been at BenevolentAI for nearly seven years, will continue in his role as Group Finance Director, ensuring continuity and leveraging his extensive understanding of the Company’s financial landscape to lead several pivotal financial initiatives.

The Company is intensifying its efforts to capitalise on the expanding opportunities within the rapidly maturing ‘techbio’ sector. BenevolentAI’s strong momentum is underscored by last week’s successful integration of a novel target in Systemic Lupus Erythematosus into AstraZeneca’s portfolio, marking yet another significant milestone for the Company and the second major collaboration milestone achieved with AstraZeneca this year.

The Board’s review further highlighted the need to adopt a more dynamic and entrepreneurial approach across the Company’s leadership, business development activities, and internal management structures. These changes are designed to expand the Company’s market share in the AI-driven drug discovery sector, accelerate the development of its internal pipelines, and forge new strategic collaborations.

Dr Joerg Moeller, Chief Executive Officer of BenevolentAI, commented: “It has been a pleasure to work alongside Catherine and I would like to thank her for her contribution and commitment during her time as Chief Financial Officer. As a leader in applying advanced AI to accelerate biopharma drug discovery, at BenevolentAI, we remain focused on delivering value creation for all our shareholders and delivering innovative medicines to patients suffering from serious medical conditions.”

PUBLIC DISCLOSURE OF INSIDE INFORMATION IN ACCORDANCE WITH ARTICLE 17(1) OF THE REGULATION (EU) NO 596/2014 ON MARKET ABUSE (MARKET ABUSE REGULATION).

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Estuary today announced that it has achieved Technology Select Tier partner status from Snowflake, the AI Data Cloud company. Estuary also announced its ability to extract data from Snowflake, enabling customers to capture near real-time changes in their Snowflake data and replicate them to their other systems using change data capture (CDC). With this latest release, Estuary can now use Snowflake as both a source and a destination in near real-time data pipelines for analytics, operations, and AI.

“About a third of our customers use Estuary with Snowflake,” said David Yaffe, Co-Founder and CEO of Estuary. “Our latest partner status is a recognition of our emphasis on helping our joint customers not only move towards real-time data, but increase productivity, lower time to market, and cut overall costs as well.”

Estuary is a leading real-time CDC and ETL data integration platform for apps, analytics, and AI that enables companies to implement data pipelines in days. Estuary’s support for Snowflake includes:

• Real-time and batch support for Snowflake as a destination, including support via Snowpipe.
• Real-time support for extracting data from Snowflake as a source using CDC.
• Support for multiple connections to Snowflake, and using batch and real-time connectivity side-by-side in the same pipeline.
• Data backfilling and replay from sources into Snowflake.
• Leading scalability and reliability, with customers moving terabytes daily and peak rates in production of 50MB/sec per table from sources into Snowflake with no downtime.
• Advanced schema evolution automation from sources into Snowflake.

By using Estuary with Snowflake, companies have been able to lower end-to-end data pipeline latency from hours to minutes or seconds, cut costs 2-5x, and increase productivity 4x.

“Estuary has helped companies get data into Snowflake’s AI Data Cloud to add more value, faster,” said Tarik Dwiek, Head of Technology Alliances, Snowflake. “As a Select Technology Tier partner, and through its latest integration with Snowflake, customers can use Estuary’s solution for even more of their data processing needs.”

The Snowflake Partner Network unlocks the potential of the AI Data Cloud with a broad array of tools and partners. Partnerships and integrations enable customers to leverage Snowflake’s flexibility, performance, and ease of use to deliver more meaningful data insights. To become a Snowflake partner and get access to Snowflake’s self-service partner resources, please click here.

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Augtera Networks, the industry leader in AI/ML-powered Network Operations platforms, and MX Technologies, Inc., a leader in actionable intelligence for consumers and the financial providers that serve them, today announced MX has selected Augtera to power AI operations for its next-generation data center networks by leveraging Dell Enterprise SONiC switches.

Data center network modernization will enable MX to enhance the application experience with increased capacity and reduce operational costs with greater agility. Additionally, leveraging intelligent network operations prevents degradation and allows faster detection for remediation.

MX augmented its legacy network monitoring tools with Augtera Network AI platform in its data center networks in 2023. The new solution enabled MX to enhance network monitoring with network AIOps that provides preventive and automated operations to optimize application performance while also providing traditional network monitoring capabilities to ease operational adoption.

“MX continues to innovate by adopting Augtera Network AI, and now SONiC, to provide best-in-class experiences. Augtera integrated with SONiC will further optimize application experience by increasing operational agility and efficiency,” explained Brandon Murdoch, Director of Infrastructure at MX.

Augtera’s AI and holistic telemetry enabled MX to prevent and minimize application performance degradation. Augtera’s real-time ML-based anomaly detection provides early detection and automated alerts of application TCP retransmits, data center fabric grey failures, data plane, environmental and control plane errors, and congestion. This equips MX to determine the top application flows that are impacted by TCP retransmits caused by a data center fabric issue and remediate accordingly.

“MX has been at the forefront of adopting Augtera’s industry-leading multi-vendor real-time ML anomaly detection capabilities across network logs and metrics to optimize platform performance. In addition to these capabilities, Augtera’s integration with SONiC will provide MX with real-time latency and loss observability to take these benefits one step further,” said Rahul Aggarwal, Founder & CEO at Augtera.

Supporting Resources:

• For more information about Augtera Network AI Platform, read our datasheet
• For more information about Augtera’s integration with Dell Enterprise SONiC, read the Dell – Augtera joint whitepaper

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Rohirrim, the leading RFP AI automation platform, welcomes Dave O’Hara to its Board of Directors. O’Hara brings to the Rohirrim executive team 23+ years of senior leadership experience with Microsoft.

During his tenure with Microsoft, O’Hara served as Commercial Chief Financial Officer and a member of the senior leadership team. Prior to that, he served as the Chief Operating Officer of Microsoft Advertising and a VP of Business Development. He came to Microsoft through the acquisition of Great Plains in 2001. O’Hara has previously served on the board of directors for technology companies AppNexus, Caradigm, and Intelligent Insights.

“Dave is more than just an industry veteran, he’s a powerhouse whose expertise will be crucial in driving growth for Rohirrim. He will have a tremendous impact on the future of organization-specific generative AI.” shared Steven Aberle, Rohirrim Founder and CEO. “With 30 years of experience in finance and technology, Dave has an innovative mindset and passion for building successful, long-term partnerships. We look forward to working closely with Dave as we expand Rohirrim’s reach and continue to build our growing team.” 

Rohirrim’s RohanRFP uses patented organization-specific generative AI technology to unlock the power of an organization’s data and help create complex, long-form documents in a fraction of the time. The easy-to-use UX, and the seamless workflows of RohanRFP were purpose-built for their use cases, but what makes RohanRFP the clear leader in the space are the level of security and flexibility of deployment. Customers’ information that is handled in RohanRFP meets the compliance standards of CMMC, SOC2, among others. Deployment model options give customers the choice to either have Rohirrim manage and maintain the underlying infrastructure for them, or to host RohanRFP behind their own firewall for added control and customization.

“I am very excited to join the Rohirrim board. Rohirrim has a powerful AI platform for multiple enterprise products.” said O’Hara. “Witnessing firsthand the growth and development of generative AI, I am looking forward to seeing Rohirrim’s customers benefit from this solution to produce high-quality proposals in record time.”

By generating the first draft of an RFP in a fraction of the time, proposal teams have more time to focus on what they do best: storytelling and persuasion, making their proposal responses more compelling and competitive. By reducing costs and increasing the volume of RFP submissions, RohanRFP can have a profound impact on an organization’s business growth. 

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