The #AIEye: IBM (NYSE: $IBM) #AI Utilized by Karantis360, NICE (NASDAQ: $NICE) RPA Partners with CallVU and CEVA (NASDAQ: $CEVA) Tech Used In DJI’s Mavic 2 Camera Drone
Global AI Spending Forecast to Hit $35.8 Billion in 2019, Up 44% From 2018
Point Roberts WA, Vancouver BC – March 13, 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:
Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/03132AIEye-IBM-NICE-CEVA.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Global AI Spending Forecast to Hit $35.8 Billion in 2019, Up 44% From 2018
The International Data Corporation (IDC) forecasts that global spending on AI systems will reach $35.8 billion USD by 2019, which marks an increase of 44 percent over 2018 spending. Furthermore, IDC finds that spending on AI systems will more than double to $79.2 billion in 2022 with a compound annual growth rate (CAGR) of 38 percent from 2018-2022. The study finds that the retail sector will lead spending, with banking coming in second. Marianne Daquila, research manager, Customer Insights & Analysis at IDC, said:
"Significant worldwide artificial intelligence systems spending can now be seen within every industry as AI initiatives continue to optimize operations, transform the customer experience, and create new products and services. This is evidenced by use cases, such as intelligent process automation, expert shopping advisors & product recommendations, and pharmaceutical research and discovery exceeding the average five-year compound annual growth of 38%. The continued advancement of AI-related technologies will drive double-digit year-over-year spending into the next decade."
IBM AI Utilized by Karantis360, NICE RPA Partners with CallVU and CEVA Tech Used In DJI’s Mavic 2 Camera Drone
Stocks discussed: (NYSE:IBM) (NasdaqGS:NICE) (NasdaqGS:CEVA)
UK startup Karantis360, a care management company, is utilizing IBM (NYSE:IBM) technology such as Watson AI in their assisted living solution. Nick Hampson, Managing Director of Karantis360, said:
"By working with IBM, we have been able to develop a digital solution that could completely revolutionize the way we care for our loved ones, reducing the burden of care and helping vulnerable and older people to live in their own homes for longer. With IBM's cloud technologies, AI capabilities and innovation ecosystem, we've gone from concept, to service delivery, to our first clients in under 12 months. It's been an incredible journey."
NICE Ltd. (NasdaqGS:NICE) has announced a partnership between its NICE Robotic Process Automation (RPA) and digital customer engagement leader CallVU. The collaboration between NICE RPA’s AI-infused robots with CallVU’s digital engagement technology streamlines customer service while improving back end processes. Barry Cooper, President, NICE Enterprise Product Group, said:
“NICE RPA’s powerful robots simplify complex operational processes by seamlessly executing tasks in the background, thus empowering customer interaction agents to focus on what really matters. This enables organizations to not only improve productivity but also drive a superior customer experience.”
CEVA, Inc. (NasdaqGS:CEVA) has announced that DJI’s Mavic 2 camera drones use CEVA DSPs and platforms to enable on-device artificial intelligence, advanced computer vision and long-range communication capabilities. Gideon Wertheizer, CEVA CEO, said:
"DJI's camera drones are transforming multiple industries, utilizing artificial intelligence, computer vision and other disruptive technologies to deliver truly unprecedented experiences. The Mavic 2 series of drones epitomize this innovation, and we're proud that our advanced DSPs and platforms for computer vision, AI and long-range communications help DJI lead the market."
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 and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. 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. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp ,
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411
No comments:
Post a Comment