The AI Eye

The AI Eye
Watching stock news, deal tracker and advancements in artificial intelligence

Wednesday, September 18, 2019

The #AIEye: Oracle (NYSE: $ORCL) Makes #AI-Voice Available for Digital Assistant and NICE (Nasdaq: $NICE) Actimize Introduces AI-Powered SURVEIL-X



The #AIEye: Oracle (NYSE: $ORCL) Makes #AI-Voice Available for Digital Assistant and NICE (Nasdaq: $NICE) Actimize Introduces AI-Powered SURVEIL-X

#AI Platforms Market to Grow $6.95 Billion by 2023



Point Roberts WA, Vancouver BC – September 18, 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:



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

Stocks discussed: (NYSE:ORCL) (NasdaqGS:NICE)

Oracle Corporation (NYSE:ORCL) has announced the availability of its AI-trained voice for the Oracle Digital Assistant. This allows enterprise customers to use voice commands to simplify interactions and improve efficiency. According to the press release, the Oracle Digital Assistant “applies AI with deep semantic parsing for natural language processing (NLP), natural language understanding (NLU) and custom machine learning (ML) algorithms”. Suhas Uliyar, vice president, AI and Digital Assistant, Oracle, commented:

"Enterprises are demanding an AI-powered voice assistant that understands their specific vocabulary and enables naturally expressive interactions for its users. Most of all though, enterprises value a highly secure AI-powered voice assistant that stores their business' sensitive data in Oracle's second generation cloud infrastructure.”

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), is introducing SURVEIL-X, the industry’s first AI-powered, cloud-native, true holistic trade-related surveillance solution. SURVEIL-X combines AI-powered and traditional expert rule-based analytics with advanced visualization tools, all on a cloud-native platform. Chris Wooten, Executive Vice President, NICE, explained:

“For financial services organizations, surveillance capabilities have become a compliance necessity for detecting known regulatory risks. The only problem is that risk is a moving target, and the things you don’t know or uncover can also hurt your firm. With SURVEIL-X’s complete surveillance coverage, AI-powered analytics and anomaly detection, and its other next-generation surveillance capabilities, FSOs can move out ahead of the curve and insulate themselves from reputational damage and fines.”


AI Platforms Market to Grow $6.95 Billion by 2023

A report from Technavio projects that the global AI Platforms market will grow $6.95 billion USD from 2019 to 2023, with a compound annual growth rate (CAGR) of 28 percent in that same forecast period. An excerpt from the industry overview reads:

Enterprises across the world are increasingly adopting AI to upgrade their IT systems and empower their workforce. Many governments are also promoting the adoption of AI-based technologies through investments and the establishment of education programs to develop workforce with AI skills. For instance, in November 2018, Germany launched its digital strategy on AI called “AI Made in Germany” to fuel the economic and technological growth in the country. Several firms in the retail, BFSI, and manufacturing sectors are making significant investments in AI to automate business functions. They are also adopting AI bots, virtual assistants, digital payment advisers, and biometric fraud detection mechanisms to track consumer behavior and enhance their compliance with regulatory systems. The rising investments in AI by enterprises and government bodies will have a significant impact on the growth of artificial intelligence platform market size.

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 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

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#Tech Disruption Driving the #Cannabis Sector: (OTC: $GOHE) (OTC: $TRTC) (TSX: $RIV.TO) (OTC: $CNPOF) (OTCQB: $SING)

#Tech Disruption Driving the #Cannabis Sector: (OTC: $GOHE) (OTC: $TRTC) (TSX: $RIV.TO) (OTC: $CNPOF) (OTCQB: $SING)

Point Roberts WA, Delta BC – September 18, 2019 - Investorideas.com, a leading investor news resource covering tech and cannabis stocks releases a snapshot reporting on some of the key technology developments impacting the cannabis sector and how companies are deploying “disruptive” technologies to ensure early mover advantage.

Since Federal legalization in Canada, and with new markets opening up every day in either the US or abroad the cannabis industry has become a magnet for game changing technology growth-whether looking at production, extraction, online sales platforms, blockchain technology, packaging and so on, the list is endless.


Looking at the payment sector, Global Payout Inc. (OTC: GOHE), through its wholly owned subsidiary MTrac Tech Corporation, has now reached a point where it is effectively processing tens of millions of dollars in daily transaction volume across its growing base of clients in the multibillion-dollar cannabis industry.








As demonstrated in the Company’s recent Q2 disclosure detailing Company financials, MTrac’s growth trajectory has remained positive and has continued to gain significant traction throughout the year. This growth can be attributed to the successful strengthening of their foothold and market reach in what has become one of the most dynamic industries in today’s economy. This feat has been accomplished in part through MTrac’s success in securing several strategic service agreements with some of the largest companies in the industry today.

This follows on the heels of the launch of MTrac’s massive update to its blockchain powered payment platform, which includes the addition of new banking partners to provide a suite of enhancements to improve the merchant experience through added stability, reliability and system integrity.

Many companies have attempted to solve the cash problem in cannabis and they most certainly have all come to realize the complexities of navigating the financial and regulatory challenges in this constantly evolving industry. The Schedule 1 classification persists as the main deterrent to financial institutions providing its services to cannabis merchants.

“We continue to attract key banking partners with our compliant and seamless solution as an industry leader in this innovative financial technology space,” said Mr. Kevin Curtis, MTrac Chief Strategy Officer. “These strategic updates to the MTrac platform are being done in order to further stabilize the platform and to continue serving our clients in this next growth phase we are embarking upon. The MTrac 3.0 launch is the culmination of key partnerships, significant market share, and our team’s focus on compliance, service, and stability.”

“As these new bank networks are being injected, MTrac is also downsizing the equipment needed to process transactions on the merchant side, which will reduce hardware costs and deployment time to the merchant to enable faster adoption, onboarding, and an improved checkout process for the customer,” said David Flores, EVP. “These updates will also provide unlimited processing bandwidth and more secure transactions with EMV chip and pin debit features, which will allow for overall enhanced merchant and consumer experience.”

The company has recently signed a new account application with an anticipated 34 locations and has applications coming in weekly for the services offered through MTrac.

In addition to their expanding market reach, the Company is also fully engaged with key legislative partners in different states to help push for the adoption of their system as a means of providing merchants within these states with a viable and compliant payment processing alternative to cash as they remain focused on delivering “The Key to Cashless®” to as much of this diverse and expanding industry as possible.

Terra Tech Corp. (OTC: TRTC), has focussed on integrating the best of the natural world with technology to create sustainable solutions for medical cannabis production, extraction and distribution, plant science research and development, food production and Closed Environment Agriculture (CEA).

Through its Blüm Santa Ana dispensary, Terra Tech has been a major supplier of medical and adult-use cannabis to Santa Ana and the surrounding cities, such as Irvine, Laguna Beach and Newport Beach. All of the aforementioned cities suffer from a scarcity of existing cannabis dispensaries. The launch of their premier delivery service has enabled the Company to expand distribution of its best-in-class cannabis products to reach an even greater number of patients and customers.

Terra Tech purchased multiple delivery vans and hired sales associates to deliver products within Orange County, CA, starting with a 20-mile radius out of the Company's Blüm Santa Ana store.

The company recently entered into an agreement to sell 100% of the assets of its Blüm Reno dispensary located at 1085 S Virginia St Suite A, Reno, NV 89502, including the building where the dispensary is located, for a purchase price of $15,000,000.

Terra Tech’s Blüm Reno dispensary has been operational since January 2017 and provides cannabis products to the local medical and adult-use markets, including the Company’s proprietary IVXX™ brand of premium medical cannabis, flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis.

Derek Peterson, CEO of Terra Tech, commented, ''Selling the cannabis retail license for our Blüm Reno dispensary is another key milestone in our restructuring plan, a strategy that has been implemented to leverage our balance sheet to fuel growth, as opposed to approaching the capital markets more often than is necessary. Our Blüm dispensary in Reno has substantially increased in value since its opening and selling its assets allows the Company to strategically monetize this asset. To move forward with our restructuring strategy, we plan to redeploy the additional capital generated by this sale toward more productive assets in California in areas such as infrastructure and sales and marketing.”

One company that has been keeping pace with the advanced technology trends coming to the industry is Canopy Rivers Inc. (TSX: RIV.TO) (OTC: CNPOF), a venture capital firm specializing in cannabis. The company recently announced that its portfolio company, TerrAscend Corp. has entered into a distribution agreement with Syqe Medical, Ltd., an Israel-based pharma-tech company, to launch Syqe's flagship product, The Syqe™ Inhaler, in Canada.

The Syqe™ Inhaler is the world's first metered-dose medical cannabis inhaler and will provide Canadians with an alternative to dried flower medical cannabis. Metered dosing allows patients and healthcare providers to predictably, precisely and consistently deliver treatment at pharmaceutical standards. Syqe's technology is supported by completed controlled clinical trials, a milestone only a limited number of companies have achieved, with patients suffering from chronic pain. The Syqe treatment provides rapid pain relief while reducing psychoactive effects, allowing patients to resume normal daily activities. The technology was launched in the Israeli market in June 2019.

"We continue to be thrilled with the steps TerrAscend is taking to build an industry-leading business that spans retail, manufacturing, distribution, biotechnology, and now health tech," said Narbe Alexandrian, President and CEO of Canopy Rivers. "We believe that TerrAscend is uniquely positioned in the Canadian market to deliver on the consumer demand for innovative and rigorously tested products like the Syqe device."

Canopy Rivers is not only looking at production and consumption technology but also data analytics which is becoming more essential to the industry. One of their investments, Headset, the leading provider of data and analytics to the cannabis industry, recently announced it is launching its competitive intelligence tool, Headset Insights in Canada.
Recreational cannabis has been legal country-wide in Canada since October 2018 and the young and growing market is still developing. This will be Canada's first retail-derived cannabis market read based on aggregated Point of Sale data at the receipt-level.

"This announcement is further proof that Headset will continue to dominate the cannabis data and analytics vertical – first in the United States and now in Canada," said Mr. Alexandrian. “This announcement validates our belief that in the cannabis industry, like other mature industries, data will be king."

SinglePoint Inc. (OTCQB: SING) has also been looking at disruptive technology coming to the market with their recent shareholder update on the success of Jacksam/Convectium. As a lead investor in Jacksam before the company went public, SinglePoint was able to secure sizeable interest in the company. Jacksam has now gone public and the value of the company has increased significantly and both parties foresee a very bright future ahead.

“To date, Jacksam has been a tremendous investment for SinglePoint. This is exactly what we look for when investing or acquiring businesses. The company was successful in its original vision and has increased the opportunity for major scalability by opening up the platform. They are now able to work with some of the biggest companies in the space such a CCELL. We are excited to be a part of this high growth company and believe it will only continue its exponential growth,” commented Wil Ralston, President of SinglePoint.

Convectium is the inventor of the world’s first cannabis oil filling system and proprietary packaging systems. This is a major advancement at a time when about 80% of all concentrate products (vapes and pods) are filled manually. By hand, oil cartridge fills are completed at a paltry 75 per hour. Convectium’s 710 Shark system can exceed that in less than a minute on its way to produce between 6,000-12,000 in an hour.

Commenting on their product capabilities, Jacksam/Convectium CEO, Mark Adams stated: "Up until now companies using CCell cartridges couldn’t access our state-of-the-art automation equipment which delivers up to 287% more efficiency and 80% labor savings. Our new 'open system' approach catapults our market potential to another level by enabling large-scale CBD or THC concentrate companies to increase output, reduce risks, costs and waste, and beat the competition. These unique machines enable concentrate companies to automate the 'fill and cap bottleneck' and cement Convectium’s position as the only true scalable system in the business.”

While production and cultivation remain essential to the growth and stability of the cannabis market, we are starting to see how much of an impact even one of these emerging technologies can have on the ancillary sectors and how some early adopters have been able to achieve massive competitive advantages.

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

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. 

Follow us on Cannabis Social Media
Download our Mobile App for iPhone and Android  

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.
Disclosure: this news article featuring GOHE is a paid for news release on Investorideas.com – third party (two thousand) 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

Contact Investorideas.com
800-665-0411



Get more Marijuana, hemp & cannabis stock investor ideas- news, articles, podcasts and stock directories


Tuesday, September 17, 2019

The #AIEye: Accenture (NYSE: $ACN) Federal Services Names New Head of Federal Cyber Practice, CEVA (Nasdaq: $CEVA) Introduces Second Gen #AI Processor Architecture



The #AIEye: Accenture (NYSE: $ACN) Federal Services Names New Head of Federal Cyber Practice, CEVA (Nasdaq: $CEVA) Introduces Second Gen #AI Processor Architecture

Legal AI Software Market to Reach $1.89 Billion by 2026



Point Roberts WA, Vancouver BC – September 17, 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:



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

Stocks discussed: (NYSE:ACN) (Nasdaq:CEVA) (TSXV:DM)

Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE:ACN), has hired cybersecurity industry leader Aaron Faulkner to head its Federal Cyber practice. Faulkner, who boasts more than 18 years of experience in the delivery of advanced technology and cybersecurity solutions, will be leading the design, development and delivery of innovative cybersecurity solutions for all of AFS’ U.S. federal defense and civilian agency clients. John Goodman, chief executive of AFS, commented:

“With the cyber threat landscape getting more sophisticated, Aaron’s experience in applying automation, cloud, and AI, to defend systems at the speed of cyber, can help our clients reach the next generation of cyber capabilities. His long standing reputation for cyber expertise will enable the agencies that we serve to stay ready and responsive to changing mission demands and more resilient in the face of persistent threats.”

CEVA, Inc. (NasdaqGS:CEVA) today introduced the NeuPro-S,  its second-generation AI processor architecture for deep neural network inferencing at the edge, as well as the CDNN-Invite API, an industry-first deep neural network compiler technology. The two technologies, according to the press release, are “ideal for any vision-based device with the need for edge AI processing, including autonomous cars, smartphones, surveillance cameras, consumer cameras and the emerging use cases in AR/VR headsets, robots and industrial applications”. Ilan Yona, Vice President and General Manager of the Vision Business Unit at CEVA, commented:

"CEVA continues to set the pace in proliferating deep neural networks processors and optimization technologies for edge devices. The NeuPro-S architecture addresses the root causes of the growing challenges in data bandwidth and power consumption in these devices. With our CDNN-Invite API, we have further extended our indisputable competitive edge in neural network compiler technologies by reducing the entry barriers for the growing community of neural network innovators, allowing them to benefit from the breadth of support and ease of use our CDNN compiler technology offers."

Datametrex AI Limited (TSXV:DM) has licenced its software platform to GreenInsightz Limited for the use of its proprietary Nexalogy artificial intelligence software platform for $1 million. Jeff Stevens, President and COO of Datametrex, commented:

“We are excited to work with GreenInsightz to assist in their commercialization efforts. AI and machine learning technology will play a vital role in analyzing unique data sets across various industry. We believe there is a great opportunity for Datametrex in licencing our unique and powerful technology to companies like GreenInsightz.”


Legal AI Software Market to Reach $1.89 Billion by 2026

A report from Maximize Market Research finds that the global Legal AI Software market is projected to grow from $235.2 million in 2017 to $1.89 billion by 2026 with a compound annual growth rate (CAGR) of 29.07 percent in the forecast period 2018-2026. An excerpt from the report summary reads:

AI has a massive potential to bring accuracy, efficiencies, cost savings and speed to a whole range of formerly human activities and to offer entirely new insights into the market and consumer behaviour. It has the ability to transform businesses and the services and products they offer. A decision to adopt AI can increase fundamental ethical and moral issues for society.

Growing the use of AI by legal companies to reduce the time it takes to complete the legal case, rising number of litigations across the world in the legal industry, growing demand for automation in legal AI software are the major factors driving the legal AI software market globally.

However, lack of awareness among law firms of the legal AI software market is predicted to restrain the market growth. A major challenge faced by the market is cybersecurity and data privacy concerns of the legal data.

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 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
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800 665 0411

  



Get more tech stocks investor ideas- news, articles, podcasts  and stock directories




Monday, September 16, 2019


Special Edition of The #AIEye - CEO of VSBLTY Groupe Technologies Corp. (CSE: $VSBY.C) (OTC: $VSBGF) Discusses Selection as a Preferred Vendor for Seneca Labs, division of Arrow Electronics (NYSE: $ARW)




Point Roberts WA, Delta BC, September 16, 2019 Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, reporting on recent news from VSBLTY Groupe Technologies Corp. (CSE:VSBY) (OTC: VSBGF) (5VS.F), a leading retail software and technology company using artificial intelligence.

VSBLTY Groupe Technologies Corp.’s (CSE:VSBY) (OTC: VSBGF) (5VS.F), recent selection as a preferred vendor for Seneca Labs’ visual media products solutions is a game-changer, according to the former’s CEO and co-founder, Jay Hutton.


Listen to the podcast:


In an interview with Investorideas.com, Hutton broke down VSBLTY’s relationship with Seneca Labs, a division of Arrow Electronics, Inc. (NYSE:ARW), specifically the latter’s first-of-its-kind integration software, named Maestro. According to the recently announced press release, “Maestro comes preloaded on digital media players, which can be ordered complete with CMS [content management solutions] and/or with software analytics that provide audience measurement”. Hutton explained that the impetus for Maestro was to remove roadblocks for customers who typically have had to assemble their processor in parts.

“Instead of just selling the Lego blocks – the principal building blocks of digital signage [like] screens and processors – now, really for the first time, they’ve decided to launch this program called Maestro,” he said. “And Maestro’s objective is to offer solutions as opposed to piece parts; instead of building the Lego blocks, how about the entire Lego model?”

Part of this convenience, according to Hutton is the inclusion of software in the solution.

“These guys ship several hundreds of thousands of these processors per year and what they told us as they were preparing to build this program, is that most of the time when they ship a processor, it doesn’t have a software load on it,” he said. “So they felt that this was an opportunity to ease the process of procurement and provide customers options that are already loaded onto the machine when it arrives at the customer’s dock.”

It’s probably clear enough why this convenience appeals to customers, but Hutton said it benefits both buyer and seller.

“For Seneca, the idea of including these components is a streamlining of procurement,” he said. “So, anything that streamlines or makes the whole procurement process more efficient yields more revenue and sales and that’s what’s in it for Seneca. What’s in it for us is, we don’t have to touch the procurement process at all.”

VSBLTY’s relationship with Seneca Labs is not new. Hutton explains that the company’s selection as a preferred vendor was gradual and hard-won.

“We’ve been working with them for probably four years,” he said. “It started initially pretty modest. Over time, we’ve developed a reputation with them that we do what we say we’re going to do, and the product performs extremely well.”

Hutton pointed out that VSBLTY is the only company that is providing CMS and analytics for Seneca.

“We are among three vendors that are doing that with them for our content management solutions and our audience analytics or computer vision solution,” he said. “We are, interestingly enough, the only vendor that is doing both for them.”

“Content management solutions are well known and understood and we’re one of the key and leading players in that category.  So, we’re one of a few vendors that are pre-loading our software on all the units they ship. The aggressive part is audience analytics. That’s the software that is using computer vision and camera technology to report on and provide reporting of audience. That is the aggressive part, because that is a little known but exploding category.”

As the press release indicates, however, the digital signage market as a whole is growing rapidly, with projections that it’s anticipated to reach $31.71 billion USD by 2025, and even Hutton admits that the CMS field appears crowded from afar. But what separates VSBLTY from the rest of the pack, Hutton says is the computer vision’s relationship with the CMS.

“The idea here is that the content management system is informed and triggered by the context delivered to it by the computer vision,” he said. “That makes us unique. And that is where the industry is going, frankly.”

“For VSBLTY the big benefit of this relationship is that we provide solutions both in the content management category and in the audience analytics category. For us, to combine the two under one umbrella is a perfect application for us.”


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 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.
For disclosure purposes this podcast featuring VSBLTY Groupe Technologies Corp is a paid for service on Investorideas.com and part of their monthly services.  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp
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
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800 665 0411





  Get more tech stocks investor ideas- news, articles, podcasts  and stock directories