Thursday, December 05, 2019

The #AIEye: Accenture (NYSE: $ACN) Selected to Assist in Spanish “Shipyard 4.0” with #AI, IBM (NYSE: $IBM) Announces Agreement with Greece’s AEGEAN Airline to Transform Through Cloud and AI, Virtusa (NasdaqGS: $VRTU) Announces New AR and AI Capabilities

The #AIEye: Accenture (NYSE: $ACN) Selected to Assist in Spanish “Shipyard 4.0” with #AI, IBM (NYSE: $IBM) Announces Agreement with Greece’s AEGEAN Airline to Transform Through Cloud and AI, Virtusa (NasdaqGS: $VRTU) Announces New AR and AI Capabilities

AI Market in Telecom to Grow $2.54 Billion from 2019-2023




Point Roberts WA, Vancouver BC – December 5, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:ACN) (NYSE:IBM) (NasdaqGS:VRTU)

Accenture (NYSE:ACN) has been selected to assist Spanish military and civilian vessel builder, Navantia, with the design, development and implementation of "Shipyard 4.0”. According to the press release, the Shipyard 4.0 platform will leverage “artificial intelligence (AI) to help Navantia accelerate ship design and development”. Donato Martínez, Navantia’s chief technology officer, said:

"Navantia is focused on improving operational efficiencies by developing digital twins of our key products and digitally connecting the entire value chain. By partnering with Accenture, a recognized leader in digital solutions, we can deploy our strategic plan with new technologies and products and provide higher value to our customers for decades to come."

IBM (NYSE:IBM) has announced a new agreement with Greek airline AEGEAN, that will see the latter leverage the former’s cloud capabilities to enhance customer service and business processes. AEGEAN Chief Information Officer, Aristeidis Kamvysis, commented:

“We feel confident that IBM is the strategic provider that will support our determination and willingness to innovate and achieve excellence at both an organizational and business process level. By utilizing IBM's most innovative technologies, such as cloud and AI, proven industry expertise and strong corporate culture, we will continue to provide even greater value for our customers, personnel and shareholders."

Virtusa Corporation (NasdaqGS:VRTU) is debuting new augmented reality (AR) and AI capabilities to improve the efficiency of field force workers. According to the press release, Virtusa’s Smart Field Force Management Platform uses AI to guide “resolution paths for frequently encountered issues”, and machine learning to train the system “to recognize 20,000 different devices”.


AI Market in Telecom to Grow $2.54 Billion from 2019-2023

A report from Technavio finds that the global AI market in Telecommunications will grow by $2.54 billion from 2019 to 2023, with a compound annual growth rate (CAGR) of 47 percent. An excerpt from the report snapshot reads:

The growing use of AI for efficient predictive maintenances is one of the key factors driving the growth of global artificial intelligence (AI) in the telecommunication market. According to industry experts, within the telecommunication sector, maintenance of equipment such as mobile towers is a critical element that has the ability to enhance equipment performance and enable cost saving. AI systems allow for more accurate predictions, collecting and analyzing data from multiple sources in order to predict equipment failure before it occurs. This allows telecom companies to minimize downtime and improve effectiveness. It is particularly helpful for mobile towers, providing surveillance to structures that are difficult to access.

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800 665 0411

  


Get more tech stocks investor ideas- news, articles, podcasts  and stock directories



No comments: