The #AIEye: PenFed Launching Salesforce-(NYSE: $CRM) Powered Digital Banking Platform, IBM (NYSE: $IBM) Collaborating with Thomson Reuters on #AI RegTech Solution
Global #AI in IoT Market to Reach $16.2 Billion by 2024
Point Roberts WA, Vancouver BC – May 1, 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/05011AIEye-PenFed-CRM-IBM.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:CRM) (NYSE:IBM) (NYSE:TRI) (NasdaqGS:NICE)
The U.S.’s second-largest federal credit union, PenFed, and Salesforce.com, inc. (NYSE:CRM), have announced that the former is launching a digital banking platform powered by Salesforce Financial Services Cloud and Community Cloud. In addition to the cloud, PenFed will leverage Salesforce Einstein bots for machine learning and natural language processing capabilities to automate routine service requests and speed up resolution time.
IBM (NYSE:IBM) and Thomson Reuters (NYSE:TRI) are collaborating on an AI RegTech solution to help banks with regulatory compliance challenges. Alistair Rennie, General Manager – Watson Financial Services, IBM, explained the project:
"Combining worldwide regulatory-specific content, AI and advanced analytics, IBM OpenPages with Watson provides visibility into pending regulatory changes to take the guesswork out for compliance professionals. It also helps project exactly what business impact those changes will likely have on the organization. This regulatory intelligence solution developed with Thomson Reuters brings a new level of insight and intelligence to the complex challenges of regulatory compliance."
NICE Ltd. (NasdaqGS:NICE) polled contact centres in the United States, United Kingdom and Australia, and found that businesses express confidence in AI technology. The report, called the 2019 NICE inContact Customer Experience (CX) Transformation Benchmark, found that “63 percent of contact center leaders agree that chatbots and virtual assistants make it easier for consumers to get their issues resolved, and 68 percent of those surveyed agree that consumers want to use virtual assistants to interact with them”. Paul Jarman, CEO NICE inContact, said:
“We are at an inflection point for AI in the contact center. AI innovations are at their best when paired with the human touch and deployed to address targeted customer and agent experience opportunities. AI in the contact center has the potential to add significant value to customer experience outcomes and operational performance.”
Global AI in IoT Market to Reach $16.2 Billion by 2024
Report Linker recently published research finding that the global AI in IoT market will grow from $5.1 billion in 2019 to $16.2 billion in 2024 at a compound annual growth rate (CAGR) of 26 percent in that forecast period. An excerpt from the report summary explains the software solutions segment of the market, which is expected to see the highest rate of growth:
Most of the key vendors in AI in IoT market offers software solutions for enhanced security and scalability.These software solutions are designed to meet interoperability challenges that arise due to varied heterogeneous devices and manage large volumes of data and its security and privacy.
They help in mitigating interoperability issues that create flexibility and managing various business functions.
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 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
Contact Investorideas.com
800 665 0411
No comments:
Post a Comment