Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye Episode 402: Global Payments (NYSE: $GPN) Selects AWS (NasdaqGS: $AMZN) as Preferred Cloud Provider, Google (NasdaqGS: $GOOG) Partners with ADT (NYSE: $ADT) for Smart Home Security Solutions

Monday, August 03, 2020

#AIEye Episode 402: Global Payments (NYSE: $GPN) Selects AWS (NasdaqGS: $AMZN) as Preferred Cloud Provider, Google (NasdaqGS: $GOOG) Partners with ADT (NYSE: $ADT) for Smart Home Security Solutions

#AIEye Episode 402: Global Payments (NYSE: $GPN) Selects AWS (NasdaqGS: $AMZN) as Preferred Cloud Provider, Google (NasdaqGS: $GOOG) Partners with ADT (NYSE: $ADT) for Smart Home Security Solutions

Global AI in Homeland Security, Public Safety & National Security to Exhibit 18.5% CAGR from 2020-2025

Point Roberts WA, Vancouver BC – August 3, 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:GPN) (NasdaqGS:AMZN) (NasdaqGS:GOOG) (NYSE:ADT)

Global Payments Inc. (NYSE:GPN) has selected Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), as its preferred cloud provider for issuer processing. As part of the two firms’ agreement, Global Payments will leverage “a range of AWS services, including storage, compute, database, security, analytics and machine learning to fulfill compliance requirements, enable new cloud-based services, and enhance customer experiences for its clients and their cardholders.” Andy Jassy, CEO of AWS, said:

"We look forward to working with Global Payments to bring payment issuer solutions to new geographic regions and more customers throughout the world. By leveraging the proven scalability and reliability of the world’s leading cloud, Global Payments is providing the tools for businesses to manage the card issuance lifecycle and transform the way that the payments industry operates."

Google (NasdaqGS:GOOG) and security and smart home solutions provider ADT Inc. (NYSE:ADT) are entering into a “long-term partnership to create the next generation of smart home security offerings.” According to the press release, this will involve the bringing together of Google’s machine learning technology with ADT’s installation, service and professional monitoring network. Jim DeVries, President and CEO of ADT, commented:

“We are thrilled to partner with Google to provide the smart home market with a strong, differentiated product and service offering that integrates the best technology, hardware and smart home security expertise from our two brands. Google’s partnership and financial investment in ADT underscores the depth of our joint commitment to the smart home and security markets. Our entire leadership team is looking forward to continuing our work with Google as we define the future of helpful home security and build a productive long-term partnership.”

Global AI in Homeland Security, Public Safety & National Security to Exhibit 18.5% CAGR from 2020-2025

A report published by Research and Markets finds that the global AI in Homeland Security, Public Safety & National Security market will exhibit a compound annual growth rate (CAGR) of 18.5 percent in the forecast period 2020-2025. An excerpt from the report description reads:

The use of AI and machine learning by homeland security, defense, public safety organizations and intelligence agencies is on the rise, mostly because the world is becoming more digital and connected. This is creating new opportunities, not only for data collection and storage, but also for intelligence processing, exploitation, dissemination, and analysis. Artificial intelligence technologies can increase the investigative capabilities of intelligence organizations in many relevant aspects, including: war on crime & terror, defense from cyber-attacks, public safety analytics, disaster and mass incident management, and development of predictive capabilities.

Sam Mowers, Investorideas.com

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