The #AIEye: Oracle (NYSE: $ORCL) Makes Cloud Data Science Platform Available and BrainChip (ASX:BRN)Allows Access to Akida Development Environment Without Pre-Approval
Study from Enterprise Strategy Group and Oracle Looks at Impact of #AI Adoption
Point Roberts WA, Vancouver BC – February 12, 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/02121AIEye-ORCL-BRN.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:ORCL) (ASX:BRN)
Oracle Corporation (NYSE:ORCL) has announced the availability of the Oracle Cloud Data Science Platform, the core of which is Oracle Cloud Infrastructure Data Science. The platform improves the efficiency of data science teams, and helps “enterprises to collaboratively build, train, manage and deploy machine learning models to increase the success of data science projects.” Greg Pavlik, senior vice president product development, Oracle Data and AI Services, explained:
"Effective machine learning models are the foundation of successful data science projects, but the volume and variety of data facing enterprises can stall these initiatives before they ever get off the ground. With Oracle Cloud Infrastructure Data Science, we're improving the productivity of individual data scientists by automating their entire workflow and adding strong team support for collaboration to help ensure that data science projects deliver real value to businesses."
BrainChip Holdings Limited (ASX:BRN) has announced access to its Akida Development Environment (ADE) without pre-approval, enabling the development of systems for edge and enterprise products on the company's Akida Neural Processing technology. Louis DiNardo, CEO of BrainChip, commented:
"The enormous success of our early-adopters program allowed us to make ADE available to developers looking to use an Akida-based environment for their deep machine learning needs. This is an important milestone for BrainChip as we continue to deliver our technology to a marketplace in search of a solution to overcome the power- and training-intense needs that deep learning networks currently require. With the ADE, designers can access the tools and resources needed to develop and deploy Edge application neural networks on the Akida neural processing technology."
For more on BrainChip, feel free to revisit the Investorideas.com interview with CEO Louis DiNardo from September 2019.
Study from Enterprise Strategy Group and Oracle Looks at Impact of AI Adoption
A new study from Enterprise Strategy Group and Oracle titled: Emerging Technologies: The Competitive Edge for Finance and Operations, examines the impact of adopting AI technologies on giving organizations a competitive advantage. The study is based on a global survey of 700 finance and operations managers and executives conducted by Enterprise Strategy Group between September 19 to October 16, 2019, and includes “only respondents working at organizations with 1,000 or more employees or with annual revenues of $100M of more.” Among the highlights outlined in the press release are that AI adoption has reduced errors in finance organizations by an average of 37 percent, has led to a better understanding of overall business performance, and that “digital assistants increase productivity by 36 percent and accelerate financial analysis by 38 percent.”
Juergen Lindner, senior vice president, SaaS product marketing, Oracle, explained:
"AI, IoT, blockchain and digital assistant capabilities enable organizations to innovate faster, creating significant competitive advantage and driving increased profit for companies embracing those technologies more decisively than their competitors. The research finds that these technologies have become mainstream and organizations that sit on the sidelines risk their business relevance. To help our customers outpace change and consequently the competition, we continuously infuse emerging technologies directly into the business processes to ensure they can harness these business-changing technologies."
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
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
Contact Investorideas.com
800 665 0411
No comments:
Post a Comment