The AI Eye: Microsoft (NasdaqGS: $MSFT) and SAS Announce Strategic Partnership and HPE (NYSE: $HPE) Announces Edge Orchestrator
Global Citizen Services AI Market to Reach $5.173 Billion by 2025
Point Roberts WA, Vancouver BC – June 17, 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:MSFT) (NYSE:HPE)
Microsoft (NasdaqGS:MSFT) and SAS have announced an extensive technology and go-to-market strategic partnership that will see the latter’s AI and analytics increasingly integrated with Microsoft Azure. Scott Guthrie, Microsoft Executive Vice President of Cloud and AI, explained:
"Through this partnership, Microsoft and SAS will help our customers accelerate growth and find new ways to drive innovation with a broad set of SAS Analytics offerings on Microsoft Azure. SAS, with its recognized expertise in analytics, data science and machine learning, is a strategic partner for Microsoft, and together we will help customers across dozens of industries and horizontals address their most critical and complex analytical challenges."
Hewlett Packard Enterprise Company (NYSE:HPE) announced the HPE Edge Orchestrator, described as “a SaaS-based offering that enables telcos to deploy innovative new edge computing services to customers via IT infrastructure located at the edge of telco networks or on customer premises.” Among other things outlined in the press release, it gives telcos the ability to offer “innovative edge computing applications, such as AI-powered video analytics, industrial automation and VR retail services.” Phil Mottram, Vice President and General Manager of the Communications and Media Solutions business unit at HPE, explained:
"Today, telcos have significant enterprise business, but they are often seen as little more than bandwidth providers, competing mostly on price. HPE Edge Orchestrator empowers telcos to move up the value chain and become trusted edge services providers, offering differentiated, high-value enterprise services as well as new edge applications for their mobile subscribers. Furthermore, telcos will be positioned to compete more effectively with cloud and over-the-top competitors."
Global Citizen Services AI Market to Reach $5.173 Billion by 2025
Research published by Report Linker finds that the global Citizen Services AI market is expected to grow from $1.549 billion in 2019 to $5.173 billion by 2025 with a compound annual growth rate (CAGR) of 22.25 percent in the forecast period. A previously-released report on the subject from Data Bridge Market Research describes the market:
Citizen services AI is a certain application of artificial intelligence technology which simply means the application of AI in various government public services. The usage of this technology can transform the operations and working of any government as it develops itself and learns with each task, providing analytical information, management of public services inducing efficiency and providing appropriate implementation of public resources with proper evidence based information and analysis.
Sam Mowers, Investorideas.com
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