WeDo Technologies Named a Sample Vendor in Gartner Hype Cycle for Data Science and Machine Learning, 2019

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LISBON, Portugal, Oct. 31, 2019 /PRNewswire=KYODO JBN/ --

WeDo Technologies, now part of the Mobileum group, has been named a Sample

Vendor in Gartner's Hype Cycle for Data Science and Machine Learning, 2019.

According to the report, "data and analytics leaders should use this Hype Cycle

to understand key trends and innovations, including those related to improving

expert and citizen data scientist productivity, implementing new algorithms for

cutting-edge use cases, and scaling and operationalizing data science

projects."

In the Hype Cycle for Data Science and Machine Learning 2019

[https://www.gartner.com/doc/3955984][1] (available to Gartner subscribers),

Gartner states, "much of advanced anomaly detection is a competitive advantage

today, but we expect most of the current technology driving it will be

widespread and even taken for granted within 10 years because of its broad

applicability and benefits."

Gartner recently estimated "by 2022, new implementations of ML within CSP fraud

management will reduce fraud losses by 10%."[2]

According to Gartner, "advanced anomaly detection is well-established in

certain applications, such as cybersecurity, fraud detection for payment cards,

financial market surveillance, and control systems and health monitoring

systems for physical assets such as machines, vehicles and power plants. Its

use is increasing in applications as diverse as enterprise security, unified

monitoring and log analysis, application and network performance monitoring,

business activity monitoring (including business process monitoring), Internet

of Things predictive equipment maintenance, supply chain management, and

corporate performance." Further, "they can: detect subtle anomalies that might

otherwise escape notice and provide earlier warnings of impending problems."

Gartner provides the following user advice, "risk managers, IT infrastructure

and operations managers, manufacturing engineers, business operations and

supply chain managers, healthcare professionals, public safety managers,

customer experience and relationship managers and anyone else who uses

monitoring or testing systems should make anomaly detection capabilities (both

traditional and advanced) a major part of the selection process for the tools

they will use."

"As we enter a new phase of digital transformation and connectedness, the

volume of data processed and the relations between entities will become more

complex, making it increasingly difficult for companies to extract meaningful

insights. Companies need advanced machine learning, AI and automation

capabilities to help them detect risks and extract operational insights faster.

We believe investing in these capabilities has ensured that WeDo remains at the

forefront of Machine Learning development," commented Bernardo Lucas, Chief

Marketing Officer for WeDo Technologies, a Mobileum company.

WeDo Technologies' risk management solutions, spanning fraud management,

revenue assurance, and business assurance, provide a comprehensive set of tools

to support companies as they embark on their digital transformation. In

addition to providing machine learning and AI capabilities, RAID Risk

Management platform is an on-premise / cloud-based platform that provides

unrivaled scalability and flexibility.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its

research publications, and does not advise technology users to select only

those vendors with the highest ratings or other designation. Gartner research

publications consist of the opinions of Gartner's research organization and

should not be constructed as statements of fact. Gartner disclaims all

warranties, expressed or implied, with respect to this research, including any

warranties of merchantability or fitness for a particular purpose.

About WeDo Technologies - a Mobileum Company

WeDo Technologies, founded in 2001, is part of the Mobileum group, a leading

enterprise software, and analytics company in roaming, security, fraud, and

risk management serving more than 700 telecommunication providers in more than

180 countries.

Mobileum delivers analytics solutions that generate and protect revenue, reduce

direct and indirect costs, and accelerate digital transformation for

Communication Service Providers (CSP). Mobileum focuses on key CSP domains,

including roaming and interconnect, counter fraud and security, revenue

assurance, data monetization, and digital transformation. Mobileum's success is

built on its unique Active Intelligence platform, which logically combines

analytics, engagement, and action technology, with deep network insights and

easy CSP system integration to deliver seamless end-to-end solutions. In a

recent independent third-party survey of global mobile operators, Mobileum was

voted as #1 in Innovation for a group of 183 suppliers.

WeDo Technologies' innovative risk management solutions analyze large

quantities of data, enabling monitoring and control of enterprise-wide

processes to ensure revenue protection and risk mitigation. In addition, its

data insights empower business management solutions that accelerate automation

and optimization across the digital enterprise and enable efficient business

processes such as incentive compensation, collections, and wholesale roaming

management.

Know more at www.wedotechnologies.com and www.mobileum.com, and follow

@MobileumInc on Twitter.

Mobileum is based in California's Silicon Valley, with offices in Argentina,

Brazil, Egypt, Hong Kong, India, Jordan, Portugal, Malaysia, Mexico, Singapore,

United Arab Emirates, United Kingdom, and Uruguay.

Sources (available to Gartner subscribers):

[1] Gartner, Hype Cycle Data Science and Machine Learning, 2019

[https://www.gartner.com/doc/3955984], Shubhangi Vashisth, et al, 06 August

2019.

[2] Gartner, Market Trends: Maximizing the Value of Analytics, Artificial

Intelligence and Automation in CSP Fraud Management

[https://www.gartner.com/document/code/376070?ref=authbody&refval=3896873],

Charlotte Patrick, et al, 21 December 2018.

Logo - https://mma.prnewswire.com/media/1019640/WeDo_Technologies_Logo.jpg

Contacts:

QUEXOR GROUP INC.

Barbara Henris

bhenris@quexor.com

Mob.: +1-(703)-470-9446

Public Relations and Corporate Communications - WeDo Technologies

Sara Machado

sara.machado@wedotechnologies.com

Mob.: +351-939650752

Product Marketing and Analyst Relations - WeDo Technologies

Carlos Marques

Carlos.Marques@wedotechnologies.com

Mob.: +351-939650124

Source: WeDo Technologies – a Mobileum Company