Comments
cloudhosting14 wrote: As you would already know that managed hosting itself is another form of Cloud hosting in which the system administrations of servers is looked upon by the CPs. Similar is the case with managed multi Cloud hosting. You can very well understand how a big burden it would be to manage multi cloud servers for organization; this is why a service known as managed multi Cloud is provided to these users. This service ensures them the seam less running of their system administrative operations while organizations focus more on t...
Cloud Expo on Google News
SYS-CON.TV

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Vestec Secures $1.5 Million in Funding from Healthcare Innovator

Vestec, Inc. a leader in cutting-edge Artificial Intelligence technologies, today announced that they have secured a $1.5 million equity investment from V. Raman Kumar, founder and former CEO of MModal, the world’s largest clinical documentation company and pioneer of voice-based medical transcription.

Mr. Kumar has joined Vestec’s Board of Directors as Vice Chairman and will also oversee the development of products and services for the global industry with a special focus on healthcare.

“Natural language understanding applications represent the next frontier in healthcare,” said Dr. Fakhri Karray, Vestec’s primary Founder and Chairman. “We are very happy Raman will be contributing his considerable expertise and relationships to our team.”

“I am delighted to join the Board of Vestec,” said Mr. Kumar. “Healthcare has a growing need for natural language understanding technologies, and Vestec, with its strong IP and advanced AI platform offers many competitive advantages which we will productize and bring to market.”

About Vestec:

Vestec was founded by a distinguished group of Artificial Intelligence (AI) researchers from Canada’s famed University of Waterloo under the chairmanship of Dr. Fakhri Karray, a renowned expert in the field of computational intelligence at Canada’s University of Waterloo. Dr. Karray is the University Research Chair Professor in the field of Intelligent Systems as well as the co-Director of the Center for Pattern Analysis and Machine Intelligence (PAMI). Vestec solutions enable sophisticated speech-based user interfaces in all major languages across a wide variety of business processes. Unlike traditional speech recognition and semantic understanding technology, Vestec’s cutting-edge Artificial Intelligence-based approach significantly reduces time-to-market while increasing semantic accuracy. www.vestec.com

About V. Raman Kumar:

Mr. Kumar is the founder and former Chairman/CEO of CBay Systems/MModal. He founded CBay Systems, subsequently renamed MModal, in 1998, and took the company from start-up into the world’s largest provider of clinical documentation technology solutions to the U.S. healthcare industry. MModal was recently sold to One Equity Partners (JP Morgan’s private equity arm) for $1.1 Billion. Today, Mr. Kumar is the Chairman and Managing Director of Aeries Group and Chief Mentor at Zeus Capital (www.zeuscaps.com).

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest AJAXWorld RIA Stories
The saying “if it doesn’t exist on the Internet, it doesn’t exist”[1] is ringing truer every day. Nowadays, it is hard to imagine most businesses without an e-commerce platform, let alone without a web presence at all. Since e-commerce is becoming the new standard, e-commerce per...
Although I started with ColdFusion for application development, I did plenty brochureware sites with HTML. I believe the version was HTML 2.0 for IE 2.0. I lived in the browser world for years doing ColdFusion, ASP, and HTML sites. When winforms and Smart Client with web services...
Compuware Corporation has announced the convergence of dynaTrace PurePath® Technology and the Gomez Performance Network, creating a powerful User Experience Management (UEM) solution. Compuware now offers a APMaaS solution that provides a complete UEM offering, including real-use...
Service Component Architecture (shortly referred as SCA) is a technology for creating services from components. SCA is a set of OASIS standards and part of it is developed with the collaboration of vendors from open source community, referred as “OSOA” Open SOA. SCA helps to buil...
Boston-based Cloudant and its NoSQL distributed Database-as-a-Service (DBaaS), which have gone to the VC trough four times since the company was started in 2008, have gotten what appears to be their first real money to grow on: a $12 million B round led by Devonshire Investors, t...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE