#AIEye Episode 373: NVIDIA (NasdaqGS: $NVDA) Unveils Cyber-AI Platform for Security Threat Detection and Network Protection, HPE (NYSE: $HPE) Announce 5 Return-to-work Solutions Leveraging Aruba #AI
Global AI in Manufacturing Market to Reach $18.8 Billion by 2027
Point Roberts WA, Vancouver BC – June 22, 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: (NasdaqGS:NVDA) (NYSE:HPE)
NVIDIA Corporation (NasdaqGS:NVDA) has unveiled the NVIDIA® Mellanox® UFM® Cyber-AI platform, which according to the press release, “minimizes downtime in InfiniBand data centers by harnessing AI-powered analytics to detect security threats and operational issues, as well as predict network failures.” Gilad Shainer, senior vice president of marketing for Mellanox networking at NVIDIA, explained:
“The UFM Cyber-AI platform determines a data center’s unique vital signs and uses them to identify performance degradation, component failures and abnormal usage patterns. It allows system administrators to quickly detect and respond to potential security threats and address upcoming failures, saving cost and ensuring consistent service to customers.”
Hewlett Packard Enterprise Company (NYSE:HPE) has announced five new return-to-work solutions to assist businesses with reopening and recovery following COVID-19 shutdowns. The solutions will leverage Aruba AI-powered network infrastructure, AI software for video analytics from partners, and more to provide: social distance tracing and tracking, touchless entry, fever detection – with the use of machine learning, augmented reality & visual remote guidance, and workplace alerts & information sharing. Saadat Malik, vice president, IoT and Intelligent Edge Services, at HPE, said:
"As businesses are reopening and returning employees onsite, our new robust solutions, featuring a range of HPE technologies and partner capabilities, are helping them make this transition safely while building on a highly differentiated, long term workplace digitization strategy."
Global AI in Manufacturing Market to Reach $18.8 Billion by 2027
A report from Meticulous Research finds that the global AI in Manufacturing market will reach $18.8 billion by 2027 with a compound annual growth rate (CAGR) of 41.2 percent in the forecast period 2020-2027. The report cites “the advent of industrial 4.0, increasing huge & complex amounts of dataset and rising adoption of industrial IoT in manufacturing industries,” as the major factors driving the growth of the market. An excerpt from the report description reads:
Based on the technology, the machine learning technology segment commanded the largest share in 2018. This is primarily attributed to increasing demand for predictive maintenance & machinery inspection, material handling, production planning and an increase in unstructured data generated by the manufacturing industry. However, computer vision technology is projected to grow the fastest CAGR during the forecast period, owing to the increasing demand from end-users for higher quality products, increasing demand to eliminate the maintenance time and costs associated with wear and tear on mechanical components.
Sam Mowers, Investorideas.com
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