Tuesday, February 18, 2020

The #AIEye: 3M (NYSE: $MMM) to Move Enterprise IT to AWS (NasdaqGS: $AMZN) and Alteryx (NYSE: $AYX) Named Leader for Data Science and #MachineLearning

  
The #AIEye: 3M (NYSE: $MMM) to Move Enterprise IT to AWS (NasdaqGS: $AMZN) and Alteryx (NYSE: $AYX) Named Leader for Data Science and #MachineLearning

Global #AI in Agriculture to see CAGR of 26.2% from 2019-2025



Point Roberts WA, Vancouver BC – February 18, 2020  – 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:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:MMM) (NasdaqGS:AMZN) (NYSE:AYX)

3M (NYSE:MMM) is moving its enterprise IT infrastructure to Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN). According to the press release, 3M plans to leverage AWS “machine learning, analytics, storage, security, and databases to optimize and automate operational, manufacturing, and business processes, as well as product solutions.” John Turner, Vice President, IT Systems and Chief Information Officer at 3M, commented:

"AWS is integral to our enterprise IT transformation as we look for better ways to serve our customers, streamline the way we work, and compete globally. AWS, with its proven experience and highly performant global infrastructure, will deliver the agility, speed, and scalability 3M needs to launch new business processes and service models. We look forward to expanding our use of AWS’s portfolio of services, including analytics and machine learning, to gain greater insights and become an even more agile company in the cloud."

Alteryx, Inc. (NYSE:AYX) has been named a Leader in Gartner's 2020 Magic Quadrant for Data Science and Machine-Learning Platforms. Amy Heidersbach, chief marketing and community officer of Alteryx, commented:

"We're seeing the acceleration of a global movement in the data analytics space—where everyone is becoming a data worker and where businesses that are winning are the ones who are able to create a deep culture of analytics that makes high-impact problem solving a reality in all parts of their organization. Our continued growth and deep community engagement reflect how essential Alteryx is in helping our customers solve their people, process and data problems faster and easier."

At press time, all of the aforementioned stocks are just slightly in the red. This may be more reflective of the wider market, as the S&P 500 and Dow are both similarly in the red to a small degree this morning.

Global AI in Agriculture to see CAGR of 26.2% from 2019-2025

A report from Research and Markets finds that the global AI in Agriculture market will see a compound annual growth rate (CAGR) of 26.2 percent in the forecast period 2019-2025. The research finds that technologies such as machine learning and facial recognition will be leveraged as the market grows to foster larger crop yields and improve livestock monitoring. An excerpt from the report description outlines the impact of dwindling labour on the growth of AI in the market:

Across the world, a huge decline of the workforce is observed due to many reasons, like the lack of skilled labor, aging of farmers, and young farmers finding farming an unattractive profession, thus encouraging trends for automated farming operations. According to the International Labor Organization(ILO), agricultural labors in the percentage of the workforce declined from 81% to 48.2% in developing countries. Also, developed countries are not an exception in such a huge decline. Asia-Pacific, where agriculture occupies a major part of the economy, has a huge decline in workforce, which was nearly about 9% from 2015 to 2017. In Japan, the number of people working in farms witnessed a steep fall to 1.7 million in the year 2015, a 15% decline from the previous year.

The European agriculture sector has also faced such a huge decline in the workforce, which is nearly accounting to 12.8% for the corresponding period. The trend of decline in the agricultural workforce is encouraging government and private organizations to focus on automation operations by adopting artificial intelligence technologies in the agriculture sector. Owing to the above factors, the market for artificial intelligence in the agricultural sector is likely to boom in the years to come.

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, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining  the AI Eye .
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

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800 665 0411

  

Get more tech stocks investor ideas- news, articles, podcasts  and stock directories



No comments: