Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > meldCX launches m-intelligence
    Top Stories

    meldCX launches m-intelligence

    meldCX launches m-intelligence

    Published by Gbaf News

    Posted on June 9, 2018

    Featured image for article about Top Stories

    TAIPEI, Taiwan, June 7, 2018 /PRNewswire/ — meldCX, together with its affiliate company AOPEN, will highlight the latest in machine learning (ML) and edge processing at Computex Taipei 2018. This game-changing Azure solution provides a real glimpse of the future of artificial intelligence (AI) and cloud computing for commercial applications.

    Developed for Prolife Foods, experts in the marketing and managing of self selection foods within Australia and NZ’s leading supermarket chains, meldCX’s product recognition technology, meld intelligence, is a leading AI Initiative that empowers a company to cultivate and teach their own training models.

    Meld intelligence adopts an edge processing methodology which allows transactional speeds offline while being updated and educated online. Images are captured by a human trainer, uploaded, analysed and the reference data is stored in Azure Cloud Storage. Training of the meld intelligence models are done using the GPU enabled N-series virtual machines on Azure.

    The use of Azure N-series services has significantly advanced the project: making it possible to train a single model in a few hours verses 3 days.

    Ian Jackson, General Manager of Prolife Foods explains the capabilities of meldCX’s ML technology to simplify a complicated supply chain environment: “By applying advanced computer vision algorithms to a camera attached to a scale, the system can see and understand what is going on at the point of transaction and track every item.

    “This project was very complex but working with meldCX and AOPEN we have eliminated development blockers, which will have a very meaningful impact on our bottom line.

    “We can apply this machine learning model across our business and integrate with our supply chain to optimize how we utilize end-to-end information.”

    Stephen Borg, Co-founder, and CEO of meldCX, says that meldCX has made it more accessible for companies wanting to develop a solution on AI and most importantly, seamlessly integrate this technology into multiple applications.

    “We have created more than a stand-alone, isolated solution. We see meld intelligence being applied in many ways including Point-of-Sale (POS), behavioural learning, self check-out, self service kiosk and assisted check out. Our ML solution is also a broad set of tools that not only identify but interact with other devices, systems and commercial peripherals to ensure a comprehensive end to end solution.

    it allows Prolife to train their own models without writing a single line of code. When coupled with AOPEN’s 22″ commercial touch device, meldCX is able to provide a robust solution that meets Prolife’s business requirements and can be deployed and managed at scale from a central console.”

    MeldCX collaborated with Microsoft to develop and host the solution in Azure, and lock-down devices for additional security and stability during software OS upgrades. Endorsed technically by the Azure team, the meldCX solution is one of the first Azure based sophisticated machine learning solutions that is ready for commercialisation.

    “We are pleased that meldCX is utilizing the powerful graphics processing capabilities of Azure N-series GPU enabled virtual machines as the foundation for meld intelligence,” said Shirley Strachan, General Manager, IoT, Microsoft. “The meldCX solution will help businesses build and use innovative AI solutions to deliver entirely new customer experiences in physical environments.”

    TAIPEI, Taiwan, June 7, 2018 /PRNewswire/ — meldCX, together with its affiliate company AOPEN, will highlight the latest in machine learning (ML) and edge processing at Computex Taipei 2018. This game-changing Azure solution provides a real glimpse of the future of artificial intelligence (AI) and cloud computing for commercial applications.

    Developed for Prolife Foods, experts in the marketing and managing of self selection foods within Australia and NZ’s leading supermarket chains, meldCX’s product recognition technology, meld intelligence, is a leading AI Initiative that empowers a company to cultivate and teach their own training models.

    Meld intelligence adopts an edge processing methodology which allows transactional speeds offline while being updated and educated online. Images are captured by a human trainer, uploaded, analysed and the reference data is stored in Azure Cloud Storage. Training of the meld intelligence models are done using the GPU enabled N-series virtual machines on Azure.

    The use of Azure N-series services has significantly advanced the project: making it possible to train a single model in a few hours verses 3 days.

    Ian Jackson, General Manager of Prolife Foods explains the capabilities of meldCX’s ML technology to simplify a complicated supply chain environment: “By applying advanced computer vision algorithms to a camera attached to a scale, the system can see and understand what is going on at the point of transaction and track every item.

    “This project was very complex but working with meldCX and AOPEN we have eliminated development blockers, which will have a very meaningful impact on our bottom line.

    “We can apply this machine learning model across our business and integrate with our supply chain to optimize how we utilize end-to-end information.”

    Stephen Borg, Co-founder, and CEO of meldCX, says that meldCX has made it more accessible for companies wanting to develop a solution on AI and most importantly, seamlessly integrate this technology into multiple applications.

    “We have created more than a stand-alone, isolated solution. We see meld intelligence being applied in many ways including Point-of-Sale (POS), behavioural learning, self check-out, self service kiosk and assisted check out. Our ML solution is also a broad set of tools that not only identify but interact with other devices, systems and commercial peripherals to ensure a comprehensive end to end solution.

    it allows Prolife to train their own models without writing a single line of code. When coupled with AOPEN’s 22″ commercial touch device, meldCX is able to provide a robust solution that meets Prolife’s business requirements and can be deployed and managed at scale from a central console.”

    MeldCX collaborated with Microsoft to develop and host the solution in Azure, and lock-down devices for additional security and stability during software OS upgrades. Endorsed technically by the Azure team, the meldCX solution is one of the first Azure based sophisticated machine learning solutions that is ready for commercialisation.

    “We are pleased that meldCX is utilizing the powerful graphics processing capabilities of Azure N-series GPU enabled virtual machines as the foundation for meld intelligence,” said Shirley Strachan, General Manager, IoT, Microsoft. “The meldCX solution will help businesses build and use innovative AI solutions to deliver entirely new customer experiences in physical environments.”

    Related Posts
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Top Stories

    Explore more articles in the Top Stories category

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    A Gateway for U.S. Capital: Inside Kazakhstan’s Expanding Financial Hub

    View All Top Stories Posts
    Previous Top Stories PostMutual Fund Inflows Increase Significantly in 2018: BNY Mellon’s Pershing
    Next Top Stories PostTeraThink acquires Defense Logistics Agency J6 Enterprise Technology Services (JETS) Contract