#AIEye Episode 441: Infosys (NYSE: $INFY) Delivering #AI-Powered Features at Roland-Garros and Aruba (NYSE: $HPE) Leveraged by Homebase Smart Building Company
AI in Drug Discovery Market to Reach $4.815 Billion by 2027
Point Roberts WA, Vancouver BC – September 28, 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:INFY) (NYSE:HPE)
Infosys Limited (NYSE:INFY) has announced new innovations as part of its second year of a strategic technology partnership with the French Tennis Federation. Set to debut at this year’s Roland-Garros tournament is: “a digitally enhanced experience by facilitating virtual experiences and greater access for millions of fans, better training, and analysis among players and coaches, as well as storytelling support for journalists.” Infosys COO Pravin Rao commented:
"2020 has introduced new challenges for how we consume sports and entertainment, and we're excited that our partnership with Roland-Garros once again reinvents the digital landscape for fans, players and the media alike. From the all-new player app AI features to the enhanced Match Centre, we have leveraged powerful technologies and toolsets across the board to ensure fans, players, coaches have the best experience possible, wherever they are."
Aruba, a subsidiary of Hewlett Packard Enterprise Company (NYSE:HPE), has announced that smart building automation company Homebase is leveraging “an Aruba ESP-based network to deliver smart living experiences to apartment residents and property owners.” According to the press release, the building residents can control the level of service they want through a mobile app, which also allows them to “manage their payments, lodge maintenance requests, and control smart devices such as smart locks, thermostats, lighting and appliances.” Homebase Founder and CEO, Blake Miller, said:
"Having the right foundation allows us to take our vision from concept to reality. The ultimate goal is to enable the building to run itself, allowing staff to address more of what the residents and community need, rather than spending time on menial facility management tasks. With Aruba’s help, we believe we’re well on our way."
AI in Drug Discovery Market to Reach $4.815 Billion by 2027
A report published by Allied Market Research finds that the global AI in Drug Discovery market is projected to grow from $520 million in 2019 to $4.815 billion by 2027 with a compound annual growth rate (CAGR) of 31.6 percent in the forecast period 2020-2027. An excerpt from the report overview outlines the oncology segment of the market in driving growth:
By indication, the oncology segment is projected to witness growth at the highest CAGR during the forecast period, owing to increase in adoption of AI to discover drug[s] for treatment of different forms of cancer, large number of promising drugs in the oncology pipeline, higher adoption of AI to discover & develop oncology drugs, and [an] increase in number of collaborations between large pharma companies and AI providers are majorly driving the growth of this segment.
Sam Mowers, Investorideas.com
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