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Sesamm bags $37M to give corporates ESG insights using natural language processing

TechCrunch

Image Credits: Sesamm Founded out of Paris in 2014, Sesamm has amassed a fairly impressive roster of clients from across the financial realm specifically, including U.S. Companies can access Sesamm’s flagship product, TextReveal , via several conduits, including an API that brings Sesamm’s NLP engine into their own systems.

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Energy leader Petrobras sails toward sustainability with new supply chain solution

CIO

A battle against complexity > The use of spreadsheets and other antiquated methods had given way to a slow, inconsistent, and difficult-to-map-and-analyze approval system.​Without But that wasn’t all. Without the real-time data visibility necessary to make informed decisions, Petrobras was facing an upsurge in risks and disruptions.

Energy 308
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In a changing world, LEOCH sets enterprise automation standard

CIO

Material requirements planning (MRP), the system that calculates the components required to make an effective product, often lacked reliability, requiring planners to communicate offline and use manual scheduling methods. In LEOCH’S case, its ERP system, SAP ERP Central Component (ECC), had been deployed in 2014.

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7 famous analytics and AI disasters

CIO

MIT Technology Review has chronicled a number of failures, most of which stem from errors in the way the tools were trained or tested. Zillow wrote down millions of dollars, slashed workforce due to algorithmic home-buying disaster. In 2014, Amazon started working on AI-powered recruiting software to do just that.

Analytics 363
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‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

TechCrunch

One of them was Orca AI which was developing a collision-avoidance system for ships, and it was this company from a sea of samey startups that Playfair ended up investing in — both in its 2019 pre-seed funding round, and its follow-on Series A round two years later. “That’s where we like to look,” Smith said.

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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. In Zimbabwe, for instance, only 30% of the adult population had access to any financial services as of 2014.

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Resilience, an introduction.

Xebia

In 2014 VUCA was introduced as purpose for resilience. In 2014 the term VUCA was introduced into business management to describe the continuous uncertainty businesses are part of [ Bennett-2014 ]. An organization or an IT system is in difficulties when an event results in a decrease of its value output. See figure 1.