The AI Eye: FIS (NYSE: $FIS) Announced EPIC Solution for Remote Workforce Management and Veritone (NasdaqGS: $VERI) Teams with Getty Images for Digital Media Hub
Global Voice Assistant Market to Reach $5.9 Billion by 2026
Point Roberts WA, Vancouver BC – May 27, 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.
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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:FIS) (NasdaqGS:VERI)
Fidelity National Information Services, Inc. (NYSE:FIS) has announced a desktop-based solution for managing a remote workforce called Enterprise Productivity, Intelligence & Compliance (EPIC). EPIC consists of six modules which variously leverage robotic process automation, AI-enabled business intelligence tools and more to “enable operations personnel to monitor enterprise-wide operations from their desktops.” Rob Lee, head of Digital and Banking at FIS, said:
"The pandemic has fundamentally changed the way businesses operate, manage their teams and interact with customers. Our new EPIC solution helps financial institutions and businesses understand and optimize the efficiency of employees working from home, providing greater control over their extended enterprise."
Veritone, Inc. (NasdaqGS:VERI) and Getty Images have introduced a new unified search service for Veritone’s AI-powered digital asset management portal, Digital Media Hub. The new service provides a “single, intuitive interface,” allowing users to “search, view and download content stored in both Digital Media Hub and Getty Images.” Veritone President Ryan Steelberg said:
"With the new search and index capability in Digital Media Hub, this integration with Getty Images will provide a single access point for discovering and activating content from both locations through our proven Digital Media Hub portal. The tool is designed for future expansion to other content platforms as well. The goal is for Digital Media Hub to serve as a centralized gateway for users to leverage both proprietary and third party content spread across any number of sources and help them access and utilize a larger universe of assets."
Global Voice Assistant Market to Reach $5.9 Billion by 2026
A report from Vynz Research finds that the global Voice Assistant market – described as “a digital assistant that uses voice recognition, natural language processing (NLP)” – will grow from $1.4 billion in 2019 to $5.9 billion by 2026 with a compound annual growth rate (CAGR) of 30.5 percent in the forecast period. An excerpt from the report’s description outlines drivers influencing the market’s growth:
[The] Global voice assistant market has been driven by several key factors, predominantly [an] increasing demand for voice assistant technology in contact centers, rising focus on customer satisfaction, [an] increase in demand for value added customer support services in various industries such as retail, healthcare, automotive, BFSI, advancements in imaging technologies, and [a] rising shift in businesses toward automation.
Sam Mowers, Investorideas.com
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