The #AIEye: IBM (NYSE: $IBM) #AI Utilized by Karantis360, NICE (NASDAQ: $NICE) RPA Partners with CallVU and CEVA (NASDAQ: $CEVA) Tech Used In DJI’s Mavic 2 Camera Drone

The #AIEye: IBM (NYSE: $IBM) #AI Utilized by Karantis360, NICE (NASDAQ: $NICE) RPA Partners with CallVU and CEVA (NASDAQ: $CEVA) Tech Used In DJI’s Mavic 2 Camera Drone

Global AI Spending Forecast to Hit $35.8 Billion in 2019, Up 44% From 2018

Point Roberts WA, Vancouver BC – March 13, 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.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Global AI Spending Forecast to Hit $35.8 Billion in 2019, Up 44% From 2018

The International Data Corporation (IDC) forecasts that global spending on AI systems will reach $35.8 billion USD by 2019, which marks an increase of 44 percent over 2018 spending. Furthermore, IDC finds that spending on AI systems will more than double to $79.2 billion in 2022 with a compound annual growth rate (CAGR) of 38 percent from 2018-2022. The study finds that the retail sector will lead spending, with banking coming in second. Marianne Daquila, research manager, Customer Insights & Analysis at IDC, said:

"Significant worldwide artificial intelligence systems spending can now be seen within every industry as AI initiatives continue to optimize operations, transform the customer experience, and create new products and services. This is evidenced by use cases, such as intelligent process automation, expert shopping advisors & product recommendations, and pharmaceutical research and discovery exceeding the average five-year compound annual growth of 38%. The continued advancement of AI-related technologies will drive double-digit year-over-year spending into the next decade."

IBM AI Utilized by Karantis360, NICE RPA Partners with CallVU and CEVA Tech Used In DJI’s Mavic 2 Camera Drone

Stocks discussed: (NYSE:IBM) (NasdaqGS:NICE) (NasdaqGS:CEVA)

UK startup Karantis360, a care management company, is utilizing IBM (NYSE:IBM) technology such as Watson AI in their assisted living solution. Nick Hampson, Managing Director of Karantis360, said:

"By working with IBM, we have been able to develop a digital solution that could completely revolutionize the way we care for our loved ones, reducing the burden of care and helping vulnerable and older people to live in their own homes for longer. With IBM's cloud technologies, AI capabilities and innovation ecosystem, we've gone from concept, to service delivery, to our first clients in under 12 months. It's been an incredible journey."

NICE Ltd. (NasdaqGS:NICE) has announced a partnership between its NICE Robotic Process Automation (RPA) and digital customer engagement leader CallVU. The collaboration between NICE RPA’s AI-infused robots with CallVU’s digital engagement technology streamlines customer service while improving back end processes. Barry Cooper, President, NICE Enterprise Product Group, said:

“NICE RPA’s powerful robots simplify complex operational processes by seamlessly executing tasks in the background, thus empowering customer interaction agents to focus on what really matters. This enables organizations to not only improve productivity but also drive a superior customer experience.”

CEVA, Inc. (NasdaqGS:CEVA) has announced that DJI’s Mavic 2 camera drones use CEVA DSPs and platforms to enable on-device artificial intelligence, advanced computer vision and long-range communication capabilities. Gideon Wertheizer, CEVA CEO, said:

"DJI's camera drones are transforming multiple industries, utilizing artificial intelligence, computer vision and other disruptive technologies to deliver truly unprecedented experiences. The Mavic 2 series of drones epitomize this innovation, and we're proud that our advanced DSPs and platforms for computer vision, AI and long-range communications help DJI lead the market."

Sam Mowers, Investorideas.com

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#CryptoCorner: Thai SEC Approves First ICO Portal, Binance Wallet Adds Credit Card and XRP Support and Coinbase Links Website with Wallet App

#CryptoCorner: Thai SEC Approves First ICO Portal, Binance Wallet Adds Credit Card and XRP Support and Coinbase Links Website with Wallet App

Point Roberts, WA, Delta BC,  March 13, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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March 13 Crypto Corner

Thai SEC Approves First ICO Portal, Russian Central Bank Imposes Restrictions on Retail Crypto Investment, Binance Wallet Adds Credit Card and XRP Support and Coinbase Links Website with Wallet App

The Thai Securities and Exchange Commission (SEC) has approved its first initial coin offering (ICO) portal, according to a report from the Bangkok Post today. The unnamed portal is operated by a foreign company, and is currently being finalised for official approval with the relevant government agencies. According to the report, “ICO portals help screen ICOs, conduct due diligence, prove smart contract source codes and verify the know-your-customer process”.

CCN reports that the Russian central bank is imposing new restrictions on retail cryptocurrency investment. The new regulations seek to prevent “unqualified investors” from accumulating too much cryptoassets. Among the new rules will be the implementing of an information-sharing system between different exchanges, so that investors’ assets can be better supervised. The government will issue qualification certificates that determine whether an investor is experienced enough to partake in crypto investment. Additionally, would-be investors will be required to have a university degree in economics and a minimum of of 6 million rubles in assets ($915,000).

Trust Wallet, the official crypto wallet of exchange giant Binance, is now supporting credit card purchases and XRP, according to Cointelegraph. Through a new partnership with payments processor Simplex, Trust Wallet allows users to purchase the various cryptocurrencies it supports with credit and debit card transactions.

In a blog post yesterday, Coinbase announced that users can now link their Coinbase.com account with the Coinbase Wallet app. This enables the easy transfer of crypto to and from the Wallet “with just a couple clicks”. The post explains how this development might be useful for dApp users:

One of the major roadblocks to the user experience of DApps, has been funding your wallet in order to buy digital collectibles, play games, or use open finance apps such as Compound or Maker. Now, with this feature, funding your Coinbase Wallet from your Coinbase.com account is just one click away. This gives all Coinbase customers an easy onramp to access the exciting world of DApps.

Sam Mowers, Investorideas

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#AI will Play a Significant Role in #Renewableenergy Sector: (TSXV: $MCLD.V) (OTC: $MCDLF) (NYSE: $ACN) (NYSE: $DE) (NASDAQ: $SWIR)

#AI will Play a Significant Role in #Renewableenergy Sector: (TSXV: $MCLD.V) (OTC: $MCDLF) (NYSE: $ACN) (NYSE: $DE) (NASDAQ: $SWIR)

Point Roberts, WA and Vancouver, BC - March 13, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence issues a sector snapshot for AI; looking at how AI will play a significant role in clean energy and energy efficiency.

The subjects of energy efficiency and renewability are perhaps more pertinent than ever with the rising spectre of long term environmental degradation in the form of climate change, as well as excess costs incurred by waste. But while top-down approaches like the "Green New Deal" fail to find consensus, technological solutions through artificial intelligence are addressing the problem head-on, in a multitude of innovative applications.

An article from T&D World Swagath Navin Manohar, Research Analyst for Energy & Environment, quotes on how leveraging AI allows energy providers to amend and improve consumption:

"In addition to making the electricity system intelligent and flexible, AI algorithms help utilities and energy companies understand and optimize consumer behavior and manage energy consumption across different sectors,” he said. "Meanwhile, complex machine learning algorithms combined with real-time weather data from satellites, ground-based observation, and climate models can be used to forecast the electricity generated by RES like wind, solar, and ocean."

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/03131AIEye-RenewableEnergy.asp

Exemplifying Manohar’s claim is Google, whose US wind farms have been boosted “roughly 20 percent” by DeepMind’s AI system, according to Forbes. According to the piece, DeepMind’s AI system utilizes “a neural network trained on widely available weather forecasts and historical turbine data - can predict wind power output 36 hours ahead of an actual generation with a reasonable degree of accuracy.”

Universal mCloud Corp. (TSXV:MCLD) (OTC:MCLDF), through its AssetCare platform, aims to optimize energy consumption by as much as 20 percent in commercial buildings using a blend of AI, IoT and cloud computing. In an interview with Investorideas.com, company CEO, Russ McMeekin, explained how implementing IoT in a building’s thermostat system allows for less energy waste.

“You replace … thermostats with smart or IoT thermostats, and those are connectable through either 4G, 5G, LTE or WiFi directly to the cloud,” he said. “In real time, buildings get optimized to use less energy.”

McMeekin also indicated that mCloud’s tech enables buildings to detect problems ahead of time and fix them before they cause a disruption.

“It drives preventative maintenance,” he said. “The data shows that behavior is about to change in the assets, so before failure occurs maintenance can begin.”

Listen to Interview:

https://www.investorideas.com/Audio/Podcasts/2019/031119-AI-Eye-MCLD.mp3

Elsewhere, communications company Sierra Wireless (NasdaqGS:SWIR) (TSX:SW) provides Swedish power company Vattenfall with smart meter IoT technology that collects “accurate and timely electricity meter readings” giving the latter “full control of data availability”. In addition to the savings afforded to the company with more efficient data collection, Vattenfall Business Area Manager Erik Nordgren explains how it improves the consumer’s experience:

“Vattenfall is dependent on collecting meter information from close to 1,000,000 customers all over Sweden. Flexibility, when it comes to the service provider is crucial for us in order to guarantee our customers the best services at all time.”

An article from CIOL describes how Accenture (NYSE:ACN) Applied Intelligence makes use of AI and machine learning in a ventilation system for Metro de Madrid. The system has reduced the Madrid transit system’s “energy costs for ventilation by 25 percent and cut CO2 emissions by 1,800 tons annually.” Isaac Centellas, Head of The Engineering and Maintenance Division at Metro de Madrid, commented:

“With help from Accenture, the innovative ventilation system has enabled us to achieve the dual benefits of lower energy costs and a reduced environmental impact. Ensuring the comfort of our passengers while being highly energy-efficient and environmentally friendly is a true win-win outcome.”

John Deere (NYSE:DE) demonstrated its commitment to energy efficiency last summer with the publication of sustainability goals it’s aiming to fulfill by fiscal 2022. Listed among the goals is: “Reduce GHG emissions by 15 percent through 50 percent renewable electricity supply and excellence in energy efficiency.” A way in which the company is tackling this is their implementation of AI technology in farm equipment, which among other things, allows robots to more efficiently use pesticides that have an adverse effect on the environment and human health.

There are many angles from which the ongoing problem of energy consumption and its attendant risks, are being addressed, but artificial Intelligence and related tech solutions are already well on their way to being implemented and are making palpable differences in terms of waste reduction and cost savings.

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#HempStocks Focus on Extraction and Cultivation -Sector Snapshot; (NASDAQ: $TLRY) (CSE: $EVA.C) (OTCQB: $EVAHF) (CSE: $SOL.C) (TSX: $VFF.TO)

#HempStocks Focus on Extraction and Cultivation -Sector Snapshot; (NASDAQ: $TLRY) (CSE: $EVA.C) (OTCQB: $EVAHF) (CSE: $SOL.C) (TSX: $VFF.TO)

Point Roberts, WA and Delta, BC - March 13, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the new extraction and cultivation agreements in the works in preparation for the burgeoning hemp/CBD industry.

Hemp and CBD continues to be the buzz words of 2019 and this means companies in the sector are working diligently to reach cultivation and extraction agreements capable of keeping up with the expected market demand.

Read this in full at https://www.investorideas.com/news/2019/cannabis/03131Stocks-Hemp.asp

At the start of the month, Tilray, Inc. (NASDAQ: TLRY) reported the closing of a previously announced definitive agreement in which Tilray had acquired all of the issued and outstanding securities of FHF Holdings Ltd. from Compass Group Diversified Holdings, LLC and other shareholders of Manitoba Harvest. Tilray acquired Manitoba Harvest on a cash and debt-free basis, for an aggregate maximum purchase price of C$419 million, pending the achievement of certain milestones after the closing of the Transaction.

Manitoba Harvest is the world’s largest hemp food manufacturer and a leader in the natural foods industry. It produces, manufactures, markets and distributes a broad-based portfolio of hemp-based consumer products which are sold in over 16,000 stores at major retailers across the US and Canada. Manitoba Harvest has plans to launch a line of CBD containing Broad Spectrum Hemp Extracts as well as a line-up of Hemp Yeah! wellness bars this summer.

Larger companies like Tilray, Aurora and Canopy Growth aren’t the only ones targeting this market,  as  EVITRADE Health Systems Corp. (CSE: EVA) (OTCQB: EVAHF) recently announced that the Company's subsidiary, Western Agri Supply Solutions Corp. has entered into a joint venture with Belt Energy and Biomass, a Nevada hemp focused operator.

Belt Energy and Biomass is focused on the accumulation of relationships with farm bill compliant hemp producers and processors in the United States. Recently, BEB applied to the State for a Hemp Handlers License to receive and extract hemp for resale. The Hemp Handlers Certificate enables BEB the authority to buy and process industrial hemp in the state of Nevada.

The acquisition of the Hemp Handlers License in Nevada would be the start of the commercial hemp processing strategy for Nevada. With BEB as partners, the Company will have source and processing elements of its CBD strategy completed. This is an opportunity to supply Farm Bill compliant hemp based products for the burgeoning market in the state of Nevada.

SOL Global Investments Corp. (CSE: SOL) (OTCQB: SOLCF) had similar news announcing it signed a binding letter of intent to acquire three tracts of agricultural property totaling 568 acres of land in the States of Tennessee and Kentucky for the cultivation and production of raw hemp biomass. The Company will assign the agricultural property to its hemp/CBD-focused subsidiary, Heavenly Rx Ltd. The properties will be directly managed by Heavenly portfolio company Blühen Botanicals LLC, an industry-leading hemp biomass processing and extraction company headquartered in Knoxville, Tennessee.

Heavenly will acquire a total of 420 acres of agricultural property in McMinn County, Tennessee, and 148 acres of agricultural property in Whitley County, Kentucky. The properties were specifically selected in areas prized for their temperate climates and ideal environmental conditions for both greenhouse and outdoor growing. Blühen will manage the farms pursuant to a farm management agreement to ensure that the highest quality standards are met while also maintaining EuGMP certification protocols.

Village Farms International, Inc. (TSX:VFF) (NASDAQ: VFF) is following the trend, having announced that it has entered into an agreement with Nature Crisp, LLC to form a joint venture for the outdoor cultivation of high-cannabidiol (CBD) hemp and CBD extraction in multiple states throughout the US.  The joint venture, Village Fields Hemp, will be 65% owned by Village Farms and 35% owned by Nature Crisp.  Nature Crisp is a private, Georgia-based farming operation and part of the Jennings Agricultural Group of Companies, which grows a diverse range of food and other crops, including hemp, on more than 6,000 acres in the US and Canada.

Village Fields is in the process of determining locations in which it will initially establish its hemp cultivation and CBD-extraction operations, with a target to commence field cultivation of hemp in Spring 2019 and to have 500 to 1,000 acres in production during 2019.  Village Fields also plans to have extraction capabilities in place by the end of 2019 to enable it to begin supplying CBD oil on a wholesale basis while it commences production of branded CBD products for "big box" retailers in 2020.

If the industry, as well as the social “hype” around hemp/CBD is any indicator, this will be a big year for the sector, which means one hemp of a harvest will be required for any company looking to excel in this space.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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