The
#AIEye: NVIDIA ( $NVDA) Announces Record Full-Year Revenue Despite
Disappointing Q4, Veritone #aiWare ( $VERI) Used By College #Football Playoff
Global
#AI in CRM Market to Reach $123.28 Billion by 2024 with 40.19% CAGR
Point Roberts WA , Vancouver BC – February 15, 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.
Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/02151AIEye-NVDA-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Global
AI in CRM Market to Reach $123.28 Billion by 2024 with 40.19% CAGR
A report from Zion Market Research
projects
that the global AI in customer-relationship management (CRM) will reach $123.28
billion USD by 2024 with a compound annual growth rate (CAGR) of 40.19 percent
in the forecast period 2018-2024. An excerpt from the report analysis reads:
The
growth of AI in CRM is mainly attributed to increasing focus on customer
engagement paired with developing customer-centric approach amongst the service
providers. Additionally, increasing demand from small- and medium-sized
enterprises are predicted to contribute to the growth of this market
significantly in the near future. However, a limited number of AI experts in
the market may hinder the market growth in the near future. Even so, solutions
for business specific problems paired with increasing investment by the market
participants are expected to create massive opportunities in the forecast
period.
NVIDIA
Announces Record Full-Year Revenue Despite Disappointing Q4, Veritone aiWare
Used By College Football Playoff and BrainChip Partners With Novo Technologies
Stocks
discussed: (NasdaqGS:NVDA) (NasdaqGM:VERI) (ASX:BRN)
NVIDIA Corporation (NasdaqGS:NVDA) has announced its financial results for the fourth quarter
and fiscal 2019. Though the last quarter’s revenue of $2.21 billion was down
from the previous year, the company scored a record full-year revenue of $11.72
billion, up 21 percent from the previous year. Jensen Huang, founder and CEO of
NVIDIA, is undeterred following the disappointing fourth quarter:
“Despite
this setback, NVIDIA’s fundamental position and the markets we serve are
strong. The accelerated computing platform we pioneered is central to some of
world’s most important and fastest growing industries – from artificial
intelligence to autonomous vehicles to robotics. We fully expect to return to
sustained growth.”
Veritone, Inc. (NasdaqGM:VERI) has revealed that the College
Football Playoff (CFP) utilized the company’s Live Event Services and aiWARE
artificial intelligence platform 2019 CFP National Championship. According to
the press release:
“…the
CFP was able to apply artificial intelligence to video footage and still images
of press conferences, interviews and other Media Day events to produce
transcriptions, automated facial recognition of players and coaches, logo
identification, and other tasks enabling expedited and enhanced coverage of the
2019 College Football Playoff National Championship.”
BrainChip Holdings Limited (ASX:BRN) has signed a strategic partnership agreement with
surveillance provider and distributor Novo Technologies to sell AI-powered
video analytics solutions in Greece and Cyprus. BrainChip’s Director of EMEA Sales, Luis Coello
commented:
“We are delighted to welcome Novo
Technologies to BrainChip’s fast-growing European reseller network. This new
collaboration with Novo Technologies further increases our global footprint and
the range of video surveillance applications to sell and deploy this year.”
Sam
Mowers, Investorideas.com
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