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Ascendion leads the charge in Generative AI in the first half of 2024

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2 years ago

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Over 50 programs completed in 1H 2024, delivering a 40% increase in productivity and 50% higher developer efficiency as their AVA+ platform revolutionizes software engineering productivity.

Clients experience double-digit savings via AI Arbitrage and accelerated innovation.

Delivering real-world client impact with Gen AI; a Fortune 50 bank, leading healthcare provider, major manufacturing client and others see significant gains with GenAI solutions.

Inaugurated their Chennai AI Studio, a cutting-edge hub for co-engineering and real-time problem-solving with clients.

More than 1,500 employees trained to be Gen AI-literate, driving transformative client solutions and internal productivity.

Recognized as a Market Leader in Generative AI services by leading industry analysts, further validating leadership and innovation in the GenAI space.

BASKING RIDGE, N.J., July 31, 2024 /PRNewswire/ — Ascendion is making waves in the GenAI landscape with significant strides in innovation, client success, and talent development while driving tangible results and setting new benchmarks for excellence in AI-driven solutions.

In an industry dominated by traditional service providers, Ascendion is breaking away from the pack and emerging as a disruptive leader in the software engineering space. The company’s trajectory in the first half of 2024 has surpassed much of their competition with GenAI at the forefront of their strategy and operations.

“Our commitment to ‘Engineering to the power of AI’ has driven market-leading progress in the first half of 2024, said Karthik Krishnamurthy, CEO of Ascendion, “From groundbreaking client impact to significant productivity gains, we’ve set the bar for the industry. GenAI is already driving a significant part of our growth and business, and as we move into the second half of the year, we’re doubling down on innovation and excellence, poised to deliver even greater value and transformation.”

Highlights from the first two quarters of 2024 include:

Ascendion AVA+ platform delivers impact: Over 50 GenAI client programs have been successfully completed so far in 2024 (with more underway). Ascendion has seen a 382% increase in Gen AI-driven revenue compared to 2023.Client success stories: Ascendion is delivering significant productivity gains and commercial impact for clients.Fortune 50 bank: Leveraging Ascendion’s AVA+ platform, the bank achieved a 50% increase in productivity and a 40% reduction in effort for data extraction and validation processes.Leading healthcare provider: Implemented a GenAI driven data de-identification and re-identification solution, enhancing operational efficiency by 30% and reducing error rates by 50%.Major manufacturing client: Utilized GenAI for customer service optimization, resulting in a 20% increase in operational efficiency and a 25% boost in system efficacy.Client economic impact through AI arbitrage: Clients now taking advantage of the option for “AI Commercials” (vs. “Heritage pricing”) for double-digit savings, freeing up capital for innovation and further growth.GenAI training: More than 1,500 employees trained in GenAI tools, with 57% of the entire workforce now Gen AI-literate.Expanding leadership and expertise: In a strategic move to amplify its AI capabilities, Ascendion appointed industry veteran Daryush Laqab as Chief AI Officer. With over two decades of experience at tech giants like NVIDIA, JPMorgan Chase & Co., Google, Microsoft, and Twitter, he will spearhead the company’s AI-driven productivity, transparency, and quality through the AVA+ platform.Market validation from industry analysts: Ascendion has been recognized as a Market Leader in Generative AI services by leading industry analysts.A new hub for AI innovation: The newly launched AI Studio in Chennai is designed to foster creativity, collaboration, and real-time problem-solving, enabling clients to witness the transformative power of Gen AI firsthand. “Enterprise leaders are excited about the future of AI, but they need to see real-world results,” said Prakash Balasubramanian, Executive Vice President, Engineering Solutions. “Our new AI Studio in Chennai provides a dynamic space where clients can co-engineer with us and see – in real time – the immediate impact of our GenAI solutions on their business challenges.”

Ascendion’s GenAI progress in the software engineering space is capturing attention. “Ascendion is demonstrating agility and velocity in the early days of the GenAI revolution,” said David Cushman, Executive Research Leader for HFS Research. “Their ability to integrate AI seamlessly into client workflows and demonstrate immediate ROI places them among the leaders in the AI-powered software engineering landscape.”

As Ascendion continues to lead the charge in Gen AI innovation, we remain committed to pushing the boundaries of what’s possible, delivering unparalleled value to our clients, and setting new standards for the industry. The second half of 2024 promises even greater advancements as we continue to engineer the future with the power of AI.

About Ascendion

Ascendion is a leading provider of AI-first software engineering services. With a focus on applied AI, software engineering, cloud, data, experience design, and talent transformation, Ascendion accelerates innovation for Global 2000 clients. Ascendion is headquartered in New Jersey and has 30 offices across the U.S., India, and Mexico. Ascendion is a leader in digital engineering services, dedicated to providing innovative solutions that empower businesses.

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SOURCE Ascendion

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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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3 hours ago

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October 24, 2026

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

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SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

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SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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