The #AIEye Episode 387: Microsoft (NasdaqGS: $MSFT) and Samsung Collaborate to Transform Real Estate with Smart Appliances and Digital Cloud, HPE (NYSE: $HPE) to Acquire SD-WAN Leader Silver Peak
Global #AI in #Agriculture Market to Reach $4.43 Billion by 2027
Point Roberts WA, Vancouver BC – July 13, 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) (KSE:005930) (NYSE:HPE)
Microsoft (NasdaqGS:MSFT) and Samsung (KSE:005930) have announced a global collaboration to transform the real estate development and property management industries, through the combination of smart appliances and digital cloud technologies. Specifically, this pairs Microsoft's Azure IoT platform and productivity cloud services with Samsung's smart devices and SmartThings platform, the former of which leverages machine learning and AI. Chanwoo Park, corporate vice president heading up the IoT Biz Group at Samsung, explained:
"We believe collaboration with a key partner like Microsoft is essential for innovation, as the company shares our vision of inspiring the world to shape the future by innovating in technology and products. Providing building owners and operators with a robust and powerful set of tools to help them optimize their building costs and equipment, including the management of Samsung's connected appliances and other devices, is paramount to our long-term alliance. Together with Microsoft, we are helping to solve real challenges faced by our customers by creating secure integrated insight and digital solutions that keep properties functioning sustainably and efficiently while providing better experiences for residents."
Hewlett Packard Enterprise Company (NYSE:HPE) has entered into a definitive agreement to acquire Silver Peak, described in the press release as “an SD-WAN (Software-Defined Wide Area Network) leader.” Keerti Melkote, president of Intelligent Edge for Hewlett Packard Enterprise, explained:
"Today’s announcement comes at a unique moment for our customers, who are grappling with business recovery in the wake of the pandemic. The need for edge-to-cloud architectures has never been more relevant as enterprises look to extend connectivity to branch locations and enable secure work-from-home experiences. Silver Peak’s technology transforms legacy WAN architectures to self-driving WANs, which is a perfect fit with Aruba’s cloud-native, AI-driven Edge Services Platform. Together, we will be able to meet these needs with critical connectivity, security, and AI capabilities to drive the next generation of Edge-to-Cloud transformation."
Global AI in Agriculture Market to Reach $4.43 Billion by 2027
A report published by Research and Markets finds that the global AI in Agriculture market will grow from $0.65 billion in 2018 to $4.43 billion by 2027 with a compound annual growth rate (CAGR) of 23.7 percent in that forecast period. The report identifies market drivers as “increasing implementation of data generation through sensors and aerial images for crops, rising crop productivity through deep-learning technology, and government support for the adoption of modern agricultural techniques,” but cites the “high cost of gathering precise field data,” as an impediment to growth.
Sam Mowers, Investorideas.com
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