The #AI Eye: IBM ( $IBM) and Vodafone ( $VOD) Join in New Agreement to Drive Digital Innovation
Global Data Classification Market to Reach $1.66 Billion by 2023 at a CAGR of 25.4%
Point Roberts, WA and Vancouver, BC - January 17, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
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The #AI Eye: IBM ( $IBM) and Vodafone ( $VOD) Join in New Agreement to Drive Digital Innovation
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Global Data Classification Market to Reach $1.66 Billion by 2023 at a CAGR of 25.4%
New research from Research and Markets projects global data classification market growth from $536 million USD in 2018 to $1.66 billion USD in 2023 at a compound annual growth rate of 25.4 percent in that forecast period. The report cites regulatory compliance, growth in uncontrolled data volumes, and increased security risks as major growth factors for the market. An excerpt from a report description on PR Newswire reads:
"...the integration of Artificial Intelligence (AI) and Machine Learning (ML) into data classification solutions and growing demand for data-driven decision making are expected to be providing opportunities for the growth of organizations across industry verticals in the data classification market.
Moreover, companies are integrating technologies such as AI and ML to automatically analyze the behavior of sensitive data and enhance security measures to avoid data breach incidents. These technologies help enterprises to reduce error rates due to manual processes or user interference while classifying sensitive data and empowers the data classification solution to leverage continuous learning processes to automatically categorize data in a more precise and refined way, based on user-defined rules and policies."
IBM and Vodafone Join in New Agreement to Drive Digital Innovation and Datametrex AI Subsidiary Nexalogy Scores Vendor Status with US Federal Gov’t
Stocks discussed: (NYSE:IBM) (NasdaqGS:VOD) (TSXV:DM)
IBM (NYSE:IBM) and Vodafone (NasdaqGS:VOD) have announced a new venture to help drive digital innovation. The new strategic commercial agreement "will provide clients with the open, flexible technologies they need to integrate multiple clouds and prepare for the next wave of digital transformation enabled by AI, 5G, edge and Software Defined Networking (SDN)." IBM Chairman, President and CEO, Ginni Rometty commented:
"IBM has built industry-leading hybrid cloud, AI and security capabilities underpinned by deep industry expertise. Together, IBM and Vodafone will use the power of the hybrid cloud to securely integrate critical business applications, driving business innovation - from agriculture to next-generation retail."
Datametrex AI Limited (TSXV:DM) has announced that its wholly-owned subsidiary, Nexalogy Environics Inc., has obtained vendor status with the U.S. Federal government. Nexalogy is committed to the AI sector providing robust technology solutions to Government agencies, which includes the fake news filtration. Datametrex Chairman and CEO Andrew Ryu said:
"Nexalogy's expertise in the areas of social media monitoring and intelligence, fake news filtering and other machine learning applications are in great demand from government agencies and other organizations. Datametrex through its Nexalogy division is well positioned to capitalize on these accretive opportunities in Canada, U.S., and internationally."
Sam Mowers, Investorideas.com
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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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