#AIEye #Podcast 605: #Stocks discussed: (NYSE: $ORCL) (NasdaqGM: $INOD) #artificialintelligence
Oracle Announces AI-Powered Fusion Marketing Solution, and Innodata Unveils New AI-Enabled Capabilities for SaaS Platform Agility
Global #LegalTech #AI Market to Reach $37.85B by 2026
Point Roberts WA, Vancouver BC – September 20, 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
Listen to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/092021-AI-Eye.mp3
Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/09201ORCL-INOD.asp
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:ORCL) (NasdaqGM:INOD)
Oracle Corporation (NYSE:ORCL) has today announced Oracle Fusion Marketing, a solution that uses artificial intelligence “to automatically score leads at the account level, predict when consumers are ready to talk to a salesperson, and generate a qualified sales opportunity in any CRM system.” Rob Tarkoff, executive vice president and general manager, Oracle Advertising and Customer Experience, commented:
"It is time for our industry to think differently about marketing and sales automation so that we can transform CRM into a system that actually works for both the marketer and the salesperson. This is not about forecasts and rollups or a reporting tool to see how the sales force is performing, but instead about turning CRM into a system that helps sellers sell. A huge part of that change is bringing marketing and sales teams together and eliminating the low-value, time consuming tasks that distract from building customer relationships and closing deals. That's why we have invested so much time engineering a system that will help marketers fully automate lead generation and qualification and get highly qualified leads to the sales team faster."
Data engineering firm Innodata Inc. (NasdaqGM:INOD) has introduced a “host of powerful new AI-enabled capabilities in its latest release of Agility, its software-as-a-service (SaaS) industry AI platform for public relations.” Some of these include AI-enabled workflows for content creation, contact targeting, and content distribution, as well as AI-enabled tools to keep targeting lists updated, and an AI-powered news release assistant. Martin Lyster, CEO of Innodata subsidiary Agility PR Solutions, said:
"Testing has confirmed our exciting new release offers Agility subscribers important increases in news release open rates as well as 57% time savings. This translates into improved ROI."
Global LegalTech AI Market to Reach $37.85B by 2026
A report published by Zion Market Research finds that the global LegalTech AI market is projected to reach $37.85 billion by 2026, registering a compound annual growth rate (CAGR) of 35.94 percent in the forecast period 2018-2026. An excerpt from the report’s analysis section outlines factors influencing the market’s growth:
The rising funding for AI and the growing adoption of AI in legal firms are major factors driving the global legaltech artificial intelligence market growth. The quick implementation of AI for in-house legal counsel enables the lawyers to automate the processes and dedicate more time to important and valuable work. There has been a growth of around 65% in legaltech companies using AI as compared to corresponding Law Geex study in 2017. For instance, as per Crunch base, legal tech startups raised US$1.25 million in Q1 2017 as compared to over US$49 million in just the first month of 2018 alone. Legal tech offers several opportunities for technology companies looking to own a share of the legal market by developing products for law firms or selling services directly to the consumers.
Sam Mowers, Investorideas.com
Read and hear other editions of the AI Eye
For a list of artificial intelligence stocks on Investorideas.com visit here
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast , Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and the AI Eye Podcast.
The Investorideas.com podcasts are also available on Apple Podcasts , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.
Visit the Podcast page at Investorideas.com:
https://www.investorideas.com/Audio/
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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
Join our Investor Club https://www.investorideas.com/membership/
Contact Investorideas.com
800 665 0411
Get more Technology stock investor ideas - news, articles, podcasts and stock directories
