The #AIEye: NICE (Nasdaq: $NICE) Announces #AI-Based Analytics Offering, Nuance (Nasdaq: $NUAN) Introduces AI-Powered #Biometrics Solution Gatekeeper
Global MLaaS Market to See 38% CAGR from 2019 to 2023
Point Roberts WA, Vancouver BC – October 2, 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/10021AIEye-NICE-NUAN.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:NICE) (NasdaqGS:NUAN) (NasdaqGS:CRNCV)
NICE Ltd. (NasdaqGS:NICE) has announced a new analytics offering that leverages AI-based unsupervised machine learning, allowing users to “swiftly remedy issues as they emerge, improving customer experiences and loyalty”. The innovative new AutoDiscovery capabilities are features as a cloud-based add-on module to version 12.2 of Nexidia Analytics. Barry Cooper, President, NICE Enterprise Product Group, commented:
“With NICE’s newly announced AutoDiscovery capabilities, organizations no longer need to look for the needle in a haystack of data when it comes to understanding how to best serve their customers. Organizations can now rely on our analytics solutions to surface trending service areas and take quick action."
Nuance Communications, Inc. (NasdaqGS:NUAN) has introduced Nuance Gatekeeper, an advanced biometrics solutions aimed at fraud detection and customer authentication. Gatekeeper leverages an AI-powered voice biometrics engine for authentication, and constructs speech models using AI techniques. Brett Beranek, GM Security Business, Nuance Enterprise Division, commented:
“Biometrics is the future of identification and we see it as the golden ticket for organizations that want to enhance security for customers without negatively impacting the engagement experience. With Gatekeeper, we offer more advanced layers of protection to organizations big and small by bringing AI to the forefront and combining traditional biometrics methods with some that are newer to market – and all of it is now accessible in a cloud-native environment.”
Nuance has also completed the spin-off of Cerence, Inc. (NasdaqGS:CRNCV), an automotive cognitive assistance solutions for connected and autonomous vehicle manufacturer.
Global MLaaS Market to See 38% CAGR from 2019 to 2023
A report from Research and Markets finds that the global Machine Learning as a Service (MLaaS) market will see a compound annual growth rate (CAGR) of 38 percent from 2019 to 2023. An excerpt from the report description outlines its growth in the retail space:
Retail companies are shifting their focus to customer buying patterns with the growing number of e-commerce websites and the digital revolution in the retail sector. This drives the need to manage and track the inventory movement of items, which can be done using MLaaS. The use of MLaaS by retail companies for inventory optimization and behavioral tracking is expected to have a positive impact on the overall market growth.
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