The #AIEye: NVIDIA (Nasdaq: $NVDA) Announces Jetson Xavier NX and Juniper (NYSE: $JNPR) Enhances Global Partner Program for #AI
Global AI in Agriculture Market to See 21.48% CAGR from 2018-2023
Point Roberts WA, Vancouver BC – November 11, 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) (NYSE:LMT) (NYSE:JNPR)
NVIDIA Corporation (NasdaqGS:NVDA) recently announced the Jetson Xavier NX – “The World’s Smallest AI Supercomputer for Embedded and Edge Systems”. According to the official website, “Jetson Xavier NX is perfect for high-performance AI systems like drones, portable medical devices, small commercial robots, smart cameras, high-resolution sensors, automated optical inspection and other IoT embedded systems”. Lee Ritholz, Director & Chief Architect Applied Artificial Intelligence, Lockheed Martin (NYSE:LMT) commented:
“NVIDIA's embedded Jetson products have been accelerating the research, development, and deployment of embedded AI solutions on Lockheed Martin's platforms. With Jetson Xavier NX's exceptional performance, small form factor & low power, we will be able to do more processing in real-time at the edge than ever before.”
Juniper Networks, Inc. (NYSE:JNPR) has announced enhancements to its global partner program which will help partners to seize the rising opportunity of the AI-driven enterprise. An excerpt from the press release reads:
With Juniper’s recent acquisition of Mist Systems, the new joint Juniper-Mist Specialization enables partners to deliver AI solutions into the enterprise, while the new SaaS and Managed Services specializations are designed to incent and enable partner transformation into recurring revenue models. Partners can choose their specialization based on their competitive differentiation and unique business models.
Global AI in Agriculture Market to See 21.48% CAGR from 2018-2023
A report from Market Insights Reports finds that the global AI in Agriculture market will exhibit a compound annual growth rate (CAGR) of 21.48 percent in the forecast period 2018-2023. An excerpt from the report description reads:
The AI market is driven by the increasing adoption of robots, in agriculture. The increasing consumption and rising requirement of better yields of crops are fueling the demand for robots, in agriculture. The increasing consumption encourages farmers to scale up agricultural operations, thus paving way for the requirement of automation, in farming operations. As the farmers are shifting toward automation, drones and robots have become an integral part of agriculture farms, and are enhancing yield and improving the product quality.
The combination of the Internet of Things and artificial intelligence technologies, such as machine learning, computer vision, and predictive analytics, allows farmers to analyze real-time data of weather conditions, temperature, soil moisture, plant health, and crop prices in the market.
Sam Mowers, Investorideas.com
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