MYWAVE: Revolutionizing business processes with generative AI
MYWAVE is a cutting-edge Gen-AI platform that is revolutionizing the way business processes are conducted. By leveraging the power of generative artificial intelligence, MYWAVE drives significant productivity gains and transforms any business process by automating digital processes for customers, employees, and assets. This platform can streamline operations by removing administrative burdens, improving system usability, and helping users achieve their goals. What sets MYWAVE apart is its ability to adapt processes in real-time based on various factors such as context, intent, business, personal, and machine data for each individual user. This personalized approach enhances customer and employee experiences, reduces regulatory costs, enables businesses to do more with less, builds trust with customers, and transforms the human-machine interface. MYWAVE also offers the MYWAVE Innovation Hub, which provides best practice processes for core industry domains and common use cases. The MYWAVE Journey Generator allows customers and partners to quickly generate prompts, executable process logic, and user interface in a user-friendly low code/no code environment. With standard connectors and integration services, MYWAVE can make actionable use of all data in a process. One of the key benefits of MYWAVE is its ability to deploy intelligent processes 41% faster than traditional methods. By leveraging smart automation, real-time input, and context, MYWAVE can remove siloed systems and data, enabling businesses to operate more efficiently and effectively. Overall, MYWAVE is a game-changing platform that empowers businesses to drive innovation, increase productivity, and enhance customer and employee experiences. Its unique capabilities in rapid digital process transformation make it an essential tool for businesses looking to stay ahead in today’s fast-paced digital landscape. MYWAVE – Features

MYWAVE: Revolutionizing business processes with generative AI

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The tech sector has thrown its support behind the Coalition's consideration of a "patent box" tax cut, designed to incentivise the commercialisation of intellectual property, but not at the expense of research and development tax incentives. Freelancer chief executive Matt Barrie says the Coalition should introduce patent boxes, but also restore the billions of dollars cut from the R&D tax incentive scheme. James Brickwood
"We should do both. I believe that Australia should spend 3-4 per cent of GDP on R&D rather than the 2 per cent we do now, given how unsophisticated our economy is (we rank 77th in the Harvard Economic Complexity Index)," he said. "Australia needs to operate on a level playing field regarding taxes in order to retain companies as they get larger and move into profitability and to attract large technology companies to the country for R&D. Advertisement
In the UK, the company tax rate is already substantially lower than in Australia, with companies paying just 20 per cent. Mr Barrie said the government was capable of reforming the R&D incentives to prevent businesses from abusing the scheme and better preventing ordinary business costs being claimed as R&D , but admitted that implementing the patent box tax cuts would prevent these issues. "The patent box structure addresses the issues the government had with the R&D tax incentives not being used for commercialisation of intellectual property," he said. "Most importantly we need incentives to encourage growth stage technology companies. These companies are the ones that drive employment growth." While users of Britain's patent box are split evenly in size between big, medium, small and micro businesses, the majority of monetary relief by value went to the largest companies. Labor shadow minister for innovation, technology and the future of work, Clare O'Neil, did not respond to requests for comment prior to publication. While the patent box scheme would benefit later stage tech companies already generating profits, it would offer no benefit to early stage tech start-ups. Advertisement
This was the main criticism of the idea from the likes of Giant Leap Fund venture partner Peter Cameron and Shootsta co-founder Tim Moylan. "The patent box reform would be a fantastic drawcard for larger companies looking to set up in Australia. But much like our R&D tax incentive scheme, most of the benefits would go to larger, established businesses," Mr Moylan said. "We see many businesses fall over on their way to either seed funding or Series A. This 'Patent Box' policy doesn’t address this gap. It’s a great incentive for our growth companies to keep their business in Australia, but almost all of them are already doing this," Mr Cameron added. MyWave chief executive and NAB board member Geraldine McBride said for tech start-ups to thrive there needed to be policies aimed at initial start-up funding, R&D incentives for young companies that are not yet profitable and tax breaks for more established firms. "This is a good initiative, however, creating the conditions to allow technology startups to thrive needs a multifaceted approach," she said. Share

Tech sector supports tax cuts for profits from patented IP

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MyWave, a SAP partner, today announced that it will participate at      SAPPHIRE NOW®, an ASUG Annual Conference, being held May 7-9 in Orlando,      Florida in booth 9.8. MyWave is also delighted to announce it has become      an SAP PartnerEdge Build Partner and has integrated its Intelligent AI      Personalization capabilities using SAP Cloud Platform. https://www.sapappcenter.com/apps/42527/features/625919
MyWave is an advanced AI technology that delivers intelligent      personalization by combining AI, personal data and proactive automation      to center every product or service on the customer. MyWave uses the      context of what the data knows about the person and user tasks to get      the right personalized outcome quickly and simply. Using SAP Cloud Platform allows MyWave’s unique learning and contextual      brain-based data model to create a “segment of one” e-commerce and      shopping experience. The business case is built on MyWave’s capacity to      personalize customer preferences individually, which extends to their      home and personal ecosystem of business, friends and family. MyWave remembers context and learns in real time, allowing for the      ability to cross sell and upsell based on preferences, desired      experience, outcome and what the person has just done. This provides      significant ROI with invaluable contextual data to maximize sales,      marketing, strategy and, ultimately, to positively impact the bottom      line. MyWave will be releasing further integrated solutions as part of its      2019 MyWave Intelligent Personalization and SAP Product roadmap. This      will bring contextual learning and intelligent outcomes to businesses      that use SAP solutions, further leveraging their investment in SAP. “MyWave demonstrates the power of the SAP Intelligent Enterprise with      MyWave’s AI Brain, an easy-to-use experience for creating contextual      intelligent personalization outcomes for customers and employees,” says      MyWave CEO Geraldine McBride. ”MyWave recently closed a strongly oversubscribed pre-IPO fund raising      effort and we are delighted to now also become an SAP PartnerEdge Build      Partner,“ says Ms McBride. “We are one of the first companies globally      to leverage SAP Cloud Platform to integrate MyWave’s AI capabilities      into SAP Commerce Cloud. The MyWave solution can be deployed rapidly,      delivering rapidly measurable results and ROI in just weeks.”
About MyWave: MyWave delivers Intelligent Personalization by      powerfully combining AI, personal data and proactive automation to make      every product or service centred on the customer. It uses the context of      what the data knows about you, what you have done before to get the      right personalized outcome quickly and simply. www.mywave.me
SAP, SAPPHIRE NOW, and other SAP products and services mentioned herein      as well as their respective logos are trademarks or registered      trademarks of SAP SE (or an SAP affiliate company) in Germany and other      countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and      service names mentioned are the trademarks of their respective companies. View source version on businesswire.com: https://www.businesswire.com/news/home/20190507006137/en/
© Business Wire 2019

MyWave : Announces Its Participation at SAPPHIRE NOW® to Showcase New Integration of Intelligent AI Personalization

May 07, 2019 08:00 PM Eastern Daylight Time
ORLANDO, Fla.--( BUSINESS WIRE )--MyWave, a SAP partner, today announced that it will participate at      SAPPHIRE NOW®, an ASUG Annual Conference, being held May 7-9 in Orlando,      Florida in booth 9.8. MyWave is also delighted to announce it has become      an SAP PartnerEdge Build Partner and has integrated its Intelligent AI      Personalization capabilities using SAP Cloud Platform. https://www.sapappcenter.com/apps/42527/features/625919
MyWave is an advanced AI technology that delivers intelligent      personalization by combining AI, personal data and proactive automation      to center every product or service on the customer. MyWave uses the      context of what the data knows about the person and user tasks to get      the right personalized outcome quickly and simply. Using SAP Cloud Platform allows MyWave’s unique learning and contextual      brain-based data model to create a “segment of one” e-commerce and      shopping experience. The business case is built on MyWave’s capacity to      personalize customer preferences individually, which extends to their      home and personal ecosystem of business, friends and family. MyWave remembers context and learns in real time, allowing for the      ability to cross sell and upsell based on preferences, desired      experience, outcome and what the person has just done. This provides      significant ROI with invaluable contextual data to maximize sales,      marketing, strategy and, ultimately, to positively impact the bottom      line. MyWave will be releasing further integrated solutions as part of its      2019 MyWave Intelligent Personalization and SAP Product roadmap. This      will bring contextual learning and intelligent outcomes to businesses      that use SAP solutions, further leveraging their investment in SAP. “MyWave demonstrates the power of the SAP Intelligent Enterprise with      MyWave’s AI Brain, an easy-to-use experience for creating contextual      intelligent personalization outcomes for customers and employees,” says      MyWave CEO Geraldine McBride. ”MyWave recently closed a strongly oversubscribed pre-IPO fund raising      effort and we are delighted to now also become an SAP PartnerEdge Build      Partner,“ says Ms McBride. “We are one of the first companies globally      to leverage SAP Cloud Platform to integrate MyWave’s AI capabilities      into SAP Commerce Cloud. The MyWave solution can be deployed rapidly,      delivering rapidly measurable results and ROI in just weeks.”
About MyWave: MyWave delivers Intelligent Personalization by      powerfully combining AI, personal data and proactive automation to make      every product or service centred on the customer. It uses the context of      what the data knows about you, what you have done before to get the      right personalized outcome quickly and simply. www.mywave.me
SAP, SAPPHIRE NOW, and other SAP products and services mentioned herein      as well as their respective logos are trademarks or registered      trademarks of SAP SE (or an SAP affiliate company) in Germany and other      countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and      service names mentioned are the trademarks of their respective companies.

MyWave Announces Its Participation at SAPPHIRE NOW® to Showcase New Integration of Intelligent AI Personalization

MyWave Receives Frost & Sullivan's Global Enabling Technology Leadership Award
2016-07-27 06:00
MOUNTAIN VIEW, California, July 27, 2016 /PRNewswire/ -- Based on its recent analysis of the customer experience market, Frost & Sullivan has selected intelligent assistant company MyWave as the recipient of its 2016 Global Enabling Technology Leadership Award. MyWave
Photo - http://photos.prnewswire.com/prnh/20160726/392972  
According to Alexander Michael, Director of Consulting for Frost & Sullivan, "The Award reflects MyWave's overall technology leadership in the global intelligent assistant market. " Full details are available here; http://bit.ly/29Yt6eG
The world is about to cross the inflection point in the progress of artificial intelligence (AI). Intelligent assistants are probably the best example of a practical AI-based system, but many so-called intelligent assistants underwhelm customers because the intelligence displayed is severely limited and their use cases are restricted to customer self-service within tight boundaries. "In this context—and unlike its peers that have simply offered incremental upgrades of their legacy technologies—MyWave's Frank is a wholly innovative solution," said Michael. The application diversity supported by Frank is broader than that of the competition. Most competing technologies have limited use cases such as visual search in shopping applications, natural language processing (NLP)-based conversational interfaces, and customer self-service. These technologies offer analytics limited to specific verticals or single-task intelligence, such as scheduling appointments. On the other hand, Frank has a larger and more varied application scope. Because Frank was incubated in the finance industry, it expectedly has many financial use cases; however, it has found substantial application in agriculture (livestock movement and sheep markets), solar energy and energy sharing, utilities, charity, education, and healthcare
One of its novel benefits is that it uniquely stores user information in a cloud controlled by the users themselves. That information is under the users' control, and only shared when users allow it, to achieve an outcome that delivers mutual value for the customer and the enterprise. For instance, Frank can analyze a customer's usage data and automatically switch them to a more economical electricity package. Vendors must put the interest of customers ahead of their own, even if it means forfeiting the occasional opportunities to make a quick, short-term profit. In return, networks of trust emerge between customers and vendor ecosystems. MyWave's innovative business model is based on Frank being free to the user with MyWave's revenue coming from consulting and prototyping, licensing, and revenue sharing. MyWave's revenue sharing agreements reduce the upfront deployment costs, which is an attractive proposition as it lowers the technology entry barrier, and enterprises are willing to share revenues if Frank generates revenue that is ancillary to their main revenue stream. "MyWave is making particular inroads into the UK market and is currently in advanced negotiations with eight of the country's most well-known brands spanning retail, finance, travel, and telecommunications," noted Michael. When considering the use of intelligent assistant technologies, major brands are often concerned that they may become disenfranchised and lose control over the customer experience. Frank has emerged as the ideal solution to this challenge because it protects the brand equity of businesses and maintains end-customer mindshare. About the Enabling Technology Award
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies that significantly impact both the functionality and the customer value of the new products and applications. The award recognizes the high research and development (R&D) spending towards innovation and its relevance to the industry, as well as the positive impact on brand perception. Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry. About MyWave
MyWave is re-defining the future of digital relationships between businesses and consumers. MyWave's technology brings together Artificial Intelligence and commerce, flipping the traditional Customer Relationship Management (CRM) model on its head by putting the customer in control of their data via an intelligent assistant called Frank. Frank is the ultimate assistant as he uses biologically inspired, Personal Neural Nets. These are created by the combination of a Natural Language Intent Recogniser, Personal Cloud and Conversation Assistants to learn through every interaction and never ask the same question twice. He uses this information to provide hyper personalised experiences, reducing friction and churn and improving brand loyalty. For more information see www.mywave.me
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: the Integrated Value Proposition and the Partnership Infrastructure. The Integrated Value Proposition provides support to clients throughout all phases of their journey to visionary innovation, including research, analysis, strategy, vision, innovation, and implementation. The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?

MyWave Receives Frost & Sullivan’s Global Enabling Technology Leadership Award

Dragonchain focuses on creating a hybrid blockchain platform for various industries. The company provides applications and integrations, including a learning management system, decentralized identity management, and anti-fraud compliance solutions. Dragonchain serves sectors that require secure and scalable blockchain applications, such as the fintech industry and businesses needing regulatory compliance and transparency. It is based in Bellevue, Washington.

Dragonchain

MyWave

Dell Technologies

SAP DIscover

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

Artificial Intelligence (AI)

Unattributed - III

MyWave focuses on process automation and innovation within the enterprise resource planning (ERP) sector. The company provides AI co-workers that automate tasks across various systems, breaking down processes into manageable steps for business needs. MyWave's solutions are aimed at improving workflows and integrating with existing systems. It was founded in 2013 and is based in Melbourne, Victoria.

Date	Round	Amount	Investors	Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Revenue	Sources
4/15/2019	Unattributed - III	$2.15M	Perennial Partners	$XXM	0 FY undefined	1
10/1/2015	Unattributed - II	$XXM	Subscribe to see more	$XXM	0 FY undefined	10
4/29/2014	Unattributed	$XXM	Subscribe to see more	$XXM	0 FY undefined	10

Date	4/15/2019	10/1/2015	4/29/2014
Round	Unattributed - III	Unattributed - II	Unattributed
Amount	$2.15M	$XXM	$XXM
Investors	Perennial Partners	Subscribe to see more	Subscribe to see more
Valuation	$XXM	$XXM	$XXM
Revenue	0 FY undefined	0 FY undefined	0 FY undefined
Sources	1	10	10

First funding	4/15/2019
Last Funding	4/15/2019
Investor	Perennial Partners
Rounds	1 Unattributed - III
Board Seats
Type	Asset/Investment Management
Location	Australia

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