The #AIEye: Nuance (NasdaqGS: $NUAN) DAX Made Generally Available and Intrinsyc’s HDK Featuring Qualcomm (NasdaqGS: $QCOM) Snapdragon Made Available
Global #MachineLearning Market to Increase by $20.8 Billion from 2019-2025
Point Roberts WA, Vancouver BC – February 24, 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:
Read this in full at https://www.investorideas.com/news/2020/artificial-intelligence/02241AIEye-NUAN-QCOM.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:NUAN) (NasdaqGS:MSFT) (NasdaqCM:LTRX) (NasdaqGS:QCOM)
Nuance Communications, Inc. (NasdaqGS:NUAN) has announced the general availability of its ambient clinical intelligence (ACI) solution, the Nuance Dragon Ambient eXperience (DAX). The DAX with electronic health record (EHR) systems “revolutionizes the physician-patient experience by securely capturing and contextualizing physician-patient conversations.” The DAX is the fruit of a multi-year joint development endeavor with Microsoft (NasdaqGS:MSFT), leveraging the latter’s AI and cloud capabilities. Nuance CTO Joe Petro explained:
“It is essential to develop technology that empowers clinicians so that they can get back to doing what they trained for and love. It is equally important that we return to patients their doctors’ undivided attention. Our development of Nuance DAX began with a deep understanding of how doctors need and want to work. We’ve delivered an unobtrusive solution that is as present and available as the light in the exam room – and already producing meaningful results for clinicians and their patients.”
Intrinsyc, a subsidiary of Lantronix, Inc. (NasdaqCM:LTRX), has announced the availability of its mobile hardware development kit (HDK), which features the Qualcomm (NasdaqGS:QCOM) Snapdragon 865 Mobile Platform. According to the press release, “The HDK is an open-frame solution that empowers technology companies to integrate and innovate for devices based on the latest Snapdragon mobile platform, as well as provide original equipment manufacturers (“OEMs”), developers, and engineers with next generation software technology and tools to accelerate development and testing of devices. Software tools and accessories are available to begin development work immediately.” Jonathan Shipman, Vice President of Strategy, Intrinsyc, said:
“The Snapdragon 865 is the first mobile platform to deliver professional camera quality at Gigapixel speeds, unprecedented AI performance with its 5th generation AI Engine, and desktop-level gaming features with Qualcomm® Snapdragon Elite Gaming™ – all at unmatched speeds and battery savings. We are very excited to enable early access to Snapdragon 865 development kits via the Mobile HDK. It is an ideal platform for our ecosystem customers or OEMs to get a “jumpstart” with access to the next-generation premium-tier Snapdragon mobile platform.”
Global Machine Learning Market to Increase by $20.8 Billion from 2019-2025
A report from Research and Markets finds that the global Machine Learning market is expected to grow by $20.8 billion with a compound annual growth rate (CAGR) of 41.7 percent in the forecast period 2019-2025. The BFSI (banking, financial services and insurance) portion of the market, in particular, is identified as showing “potential to grow at over 43%,” reaching “$9.7 Billion by the year 2025.” An excerpt from the report description breaks down the regional outlook for the market:
Representing the developed world, the United States will maintain a 47% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$561.9 Million to the region's size and clout in the next 5 to 6 years. Over US$955.4 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, BFSI will reach a market size of US$704.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 39.7% over the next couple of years and add approximately US$3.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
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
Contact Investorideas.com
800 665 0411
No comments:
Post a Comment