#AIEye #Podcast 510: #Stocks discussed: (NYSE: $IBM) (OTC: $AEXAY) (NYSE: $INFY) (NasdaqGS: $NVDA)
IBM (NYSE: $IBM) and Atos (OTC: $AEXAY) Expanding Alliance to Help Companies Accelerate Digital Transformation with #AI and #Cloud, Infosys (NYSE: $INFY) Launching NVIDIA-Powered (NasdaqGS: $NVDA) AI Cloud
Global AI in Healthcare to Reach $61.59 Billion by 2027
Point Roberts WA, Vancouver BC – January 19, 2021 – 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:IBM) (OTC:AEXAY) (NYSE:INFY) (NasdaqGS:NVDA)
IBM (NYSE:IBM) and information tech services firm Atos (OTC:AEXAY) have announced the expansion of their strategic global alliance to help companies accelerate their digital transformation and optimize business processes. According to the press release, this will give clients access “to industry-specific automation solutions using AI and hybrid cloud technologies to enable digital acceleration and increase productivity and reduce costs.” Bob Lord, SVP Cognitive Applications and Ecosystems, IBM, said:
“Expanding IBM's alliance with Atos reinforces our mission to work with some of the most forward-thinking, customer-centric ecosystem partners in the world to accelerate client digital transformations. Atos delivers leading solutions that optimize business processes to produce tangible outcomes for asset-heavy industries. Combining Atos' industry-specific knowledge and commitment to sustainability with IBM's deep experience in AI and open hybrid cloud technology is critical to help clients modernize."
Digital services firm Infosys Limited (NYSE:INFY) announced the launch of a new applied AI cloud, through Infosys Cobalt, and powered by NVIDIA DGX A100 systems (NasdaqGS:NVDA), that will provide Infosys employees with “simple and fast access to AI infrastructure.” Balakrishna D.R., Senior VP, Head - AI & Automation Services, Infosys, explained:
"For a long time now, AI has been playing a key role in shaping consumer experience. Cloud, data analytics and AI are now converging to bring the opportunity for enterprises to not just drive consumer experience but reimagine processes and capabilities too. Infosys applied AI cloud, powered by NVIDIA DGX A100 systems, can help enterprises to quickly build on the opportunity, while scaling with new technological advancements."
Global AI in Healthcare to Reach $61.59 Billion by 2027
Research published by Reports and Data finds that the global AI in Healthcare market will reach $61.59 billion in 2027, registering a compound annual growth rate (CAGR) of 43.6 percent in the forecast period 2017-2027. An excerpt from the report description reads:
Artificial intelligence (AI) in healthcare market revenue growth is driven by increasing efficiency in drug discovery and advancements in precision medicine, which is resulting in rising demand and application of these solutions globally. Rising prevalence of chronic diseases and increasing global elderly population is expected to continue to support growth of the market.
Sam Mowers, Investorideas.com
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