The #AIEye: NVIDIA (Nasdaq: $NVDA) to Power ASUS ProArt StudioBook One with Quadra RTX 6000 GPU and NICE (Nasdaq: $NICE) Actimize Expands ActimizeWatch
Global Edge #AI Software to See +25% CAGR from 2019-2026
Point Roberts WA, Vancouver BC – September 4, 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.
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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:NICE)
NVIDIA Corporation (NasdaqGS:NVDA) has announced that its Quadra RTX 6000 GPU will power the ASUS ProArt StudioBook One laptop, enabling advanced features like real-time ray tracing, AI and 8K RED video acceleration. Bob Pette, vice president of Professional Visualization at NVIDIA, commented:
“RTX Studio mobile workstations deliver cutting-edge features that provide powerhouse performance in a thin, portable format. Creatives and other pros using mobile platforms powered by the Quadro RTX 6000 can harness the advanced features and performance of RTX to work on their most demanding projects from anywhere they choose.”
NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), is expanding its secure cloud-based managed analytics service ActimizeWatch to help Financial Services Organizations (FSOs) improve agility, detection accuracy, efficiency, and overall compliance program effectiveness. Chris Wooten, Executive Vice President, NICE, explained:
“In financial services, change can be unrelenting. When surveillance detection models don’t keep pace with change, firms risk falling out of compliance and unnecessarily driving up compliance costs. FSOs can now leverage NICE Actimize’s expertise coupled with advances in technology to automate their compliance programs and enhance their surveillance detection capabilities. ActimizeWatch’s analytics-as-a-service helps FSOs get out in front of changing conditions and uncover hidden compliance risks without taxing resources.”
Global Edge AI Software to See +25% CAGR from 2019-2026
A report from The Research Insights finds that the global Edge AI Software market is expected to see a compound annual growth rate (CAGR) of more than 25 percent in the forecast period 2019 to 2026. An excerpt from a press release on the report outlines the market:
The edge AI software market by application includes autonomous vehicles; access management; video surveillance; remote monitoring and predictive maintenance; telemetry; energy management and others. The autonomous vehicles application is expected to grow at the highest rate, due to the increased demand for edge AI to support autonomous and connected vehicles’ infrastructure.
The major growth factors for the market include the increasing amounts of enterprise workloads on the cloud and the rapid growth in the number of intelligent applications. Privacy and security concerns related to edge AI solutions may restrain market growth.
Sam Mowers, Investorideas.com
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