The #AIEye: Gopher (OTCQB; $GOPH) Completes Phase I of #AI Based #Robotics Research, Accenture ( $ACN) Partners with Splice Machine
AI in Manufacturing to See 40% CAGR from 2019-2025
Point Roberts WA , Vancouver BC – February 20, 2019 – 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.
Listen to today’s podcast:
Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/02201AIEye-GOPH-ACN.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
AI in Manufacturing to See 40% CAGR from 2019-2025
According to new data published by Global Market Insights, the AI in manufacturing market is projected to exhibit a compound annual growth rate (CAGR) of more than 40 percent in the forecast period of 2019 - 2025. An excerpt from the report summary reads:
The exponential growth in digital data is driving growth of artificial intelligence in manufacturing market. It is estimated that by 2020, approximately 1.7 megabytes of new data will be created every second. It is further estimated to grow at an annual growth rate of 40% over the next 10 years. This growth is credited to the increasing adoption of big data technologies and IoT devices along with the rise in popularity of cloud platforms among enterprises. This is encouraging the adoption of the advance data analytics solutions among the manufacturers to process the data and extract actionable insights.
However, the adoption of the technology in the manufacturing sector is still in the nascent stage due to the presence of several challenges in implementation of the AI technology in the industries. The complex nature of the industrial data and lack of skilled IT workforce in the industrial plants is hindering the adoption of the technology.
Gopher Completes Phase I of AI Based Robotics Research, Accenture Partners with Splice Machine and Hewlett Packard Announces HPE Edgeline EL8000
Stocks discussed: (OTCQB:GOPH) (NYSE:ACN) (NYSE:HPE)
Gopher Protocol Inc. (OTCQB:GOPH) has completed Phase I of its AI based robotics research. This first phase focussed on providing robots with the autonomous capacity to learn and acquire knowledge based on detection, analysis and experience, with the aim to imitate the human cognitive system. Gopher CTO Dr. Danny Rittman explained:
"In our first phase of robotics research we are focusing on implementing our Avant! AI engine into mechatronics and computing system to enable robotic interactions within our normal environment, adapting to a constant-changing environmental conditions. Until recently, robotic machines were designed according to its environment and tolerated minimal variations. Our vision is to create a robotic system that is self adapting to its environment. Our Avant! AI is targeted to become a true unsupervised learning system that will enable skill acquisition and active learning for robotic systems. Our research targets autonomous machines to make better, safer decisions without supervision, and sharing data with other robotic systems to help advance the state of the art in this field. We believe these capabilities will ultimately be applied in a diverse range of sectors including autonomous transport, health care, finance, energy, manufacturing, security, military, education, and public services."
Accenture (NYSE:ACN) is partnering with emerging operational AI company Splice Machine, allowing clients to “implement an AI-fueled platform that can better manage large data transformation projects and enable improved, faster decision-making and encourage innovation at scale”. Paul Daugherty, Accenture’s chief technology and innovation officer, said:
“Splice Machine’s operational AI platform strengthens our ability to deliver on the power of artificial intelligence. With Accenture and Splice Machine’s combination of operational, analytical, and intelligent capabilities, we can embed intelligence at the core of our clients’ business to make them more agile and become leaders in the age of new IT.”
Hewlett Packard Enterprise Company (NYSE:HPE) has announced the HPE Edgeline EL8000 Converged Edge System, which allows communication service providers (CSPs) to process vast amounts of data in real time directly at the edge. Dr. Tom Bradicich, Vice President and General Manager, Converged Servers, Edge and IoT Systems, HPE, said:
“CSPs have come a long way in virtualizing their networks. As this continues, the distribution of converged communications and compute capacity throughout the network will accelerate lower costs and improve service. The HPE Edgeline EL8000 Converged Edge System delivers the capabilities of closed proprietary systems and more, but on an open-standards platform, combined with proven data-center class IT.”
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , GOPH is a paid featured company on Investorideas.com for news and social media
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411
