#AIEye #Podcast 654: #Stocks discussed: (OTC: $PEXNY) (NYSE: $IBM) (NYSE: $BBAI) #artificialintelligence
ARV Collaborating with IBM on Blockchain-Based NCID Platform, and BigBear.ai Appoints New Chief Marketing Officer
Global #AIaaS Market to Reach $43.29B by 2030
Vancouver, Kelowna, Delta, BC – January 31, 2022 – 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: (OTC:PEXNY) (NYSE:IBM) (NYSE:BBAI)
AI & Robotics Ventures Company Limited (ARV), a subsidiary of PTT Exploration and Production Public Company Limited (OTC:PEXNY), is launching a blockchain-based National Digital Corporate Identity (NCID) platform in collaboration with IBM (NYSE:IBM). The platform, according to the press release, will incorporate “Thailand's Electronic Transaction Development Agency standards of self-sovereign identity on public blockchain and secure cryptographic key encryption.” Sinthu Satawiriya, Head of Ventures at AI and Robotics Ventures, explained:
"In collaboration with IBM, this secured platform will unlock new digital banking opportunities between corporates and banks. We believe that the platform and its system will revolutionize the access to digital finance for the entire juristic community across Thailand's financial and business ecosystem in the near future, in alignment with the Smart Financial Infrastructure effort and ecosystem currently led by the Ministry of Finance and Bank of Thailand."
BigBear.ai Holdings, Inc. (NYSE:BBAI) has appointed Carla Fitzgerald, a B2B marketing veteran as its new Chief Marketing Officer. According to the press release Fitzgerald “will develop and execute revenue-driving marketing initiatives for BigBear.ai’s growth strategy in the public sector and commercial markets, building brand awareness, lead generation, and customer advocacy across multiple industry verticals.” Fitzgerald said:
"As a newly public company embarking on a significant expansion strategy, BigBear.ai is at an important crossroads – and I’m thrilled to join this impressive team at such an exciting time. BigBear.ai is a mission-tested leader in providing massively scalable, remarkably accurate predictive analytics solutions to the government sector. By delivering this advanced, AI-powered technology via a SaaS model, they are making it accessible to commercial companies of all sizes, where demand for AI and predictive analytics is growing every day. I look forward to contributing to the next phase of BigBear.ai’s growth."
Global AIaaS Market to Reach $43.29B by 2030
A report published by Market Research Future finds that the global AI as a Service (AIaaS) market is projected to grow from between $1-2 billion USD in 2017 to $43.29 billion by 2030, registering a compound annual growth rate (CAGR) of 25.8 percent in the forecast period 2021-30. An excerpt from the report’s description outlines some drivers influencing the market’s growth:
Some of the factors that act as opportunities include the popularity among enterprises across industries, availability of a good number of vendors that are offering artificial intelligence as a service at affordable prices. The sales of Artificial intelligence as a service market boosted the adoption of the services and also boosted the growth of artificial intelligence as a market industry.
Sam Mowers, Investorideas.com
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