The
#AIEye: Qualcomm Technologies’ ( $QCOM)
Snapdragon 855 Powering Samsung Galaxy S10 Lineup and NEC Australia
Partners with NICE ( $NICE) inContact
#AI
in #Agriculture to Reach $790 Million USD by 2024 at 21.8% CAGR
Point
Roberts WA , Vancouver BC – February 21,
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
AI in Agriculture
to Reach $790 Million USD by 2024 at 21.8% CAGR
Research
recently published from WiseGuyReports finds
that the global AI in agriculture market will grow from $240 million in 2019 to
$790 million in 2024 with a compound annual growth rate (CAGR) of 21.8 percent
in the same forecast period. An excerpt from the report summary reads:
“Artificial Intelligence (AI) in
Agriculture Market size is being driven by the growing adoption of the robots
in agriculture. Increasing consumption and rising requirement of better yield
of crops are estimated to be one of the major factors that is fueling the
demand of robots in agriculture. Increasing consumption motivates farmers to
scale up farming operations and give rise to the requirement of automating
farming operations. As the farmers are shifting more towards automation, drones
and robots have become integral part of agriculture farms and are enhancing
yield and improving the product quality. Since AI is the backbone of robotics,
increasing adoption of robots in agriculture is estimated to drive the AI in
agriculture market growth.”
Qualcomm
Technologies’ Snapdragon 855 Powering Samsung Galaxy S10 Lineup and NEC
Australia Partners with NICE inContact
Stocks discussed:
(NasdaqGS:QCOM) (KSE:005930) (NasdaqGS:NICE)
Qualcomm
Technologies, Inc., a subsidiary of Qualcomm Incorporated (NasdaqGS:QCOM) has announced that
its Snapdragon™ 855 Mobile
Platform is powering the Samsung Galaxy S10 lineup from Samsung
Electronics Co. (KSE:005930). The
Snapdragon platform supports multi-gigabit connectivity and industry-leading
on-device artificial intelligence. Alex Katouzian, senior vice president and
general manager of mobile at Qualcomm Technologies, Inc., said:
"We are extremely proud to share our technology
inventions and help bring 5G to the world through cutting-edge devices like the
Samsung Galaxy S10. The Samsung Galaxy S10 powered by the Snapdragon 855 Mobile
Platform is designed to deliver the experiences today's consumers demand."
Tech
company NEC Australia has partnered with
cloud software provider NICE inContact, a part of NICE Ltd (NasdaqGS:NICE). According to the press
release, the NICE inContact CXone “combines best-in-class Omnichannel Routing,
Analytics, Workforce Optimization, Automation and Artificial Intelligence – all
on an Open Cloud Foundation”. Paul Jarman, CEO of NICE inContact, commented:
“We’re excited to
partner with NEC Australia given their strength in the market and shared
commitment to helping companies of all sizes achieve their business goals.
Together we will provide a unified, complete cloud customer experience platform
in CXone that powers exceptional customer experiences in today’s modern digital
economy.”
Sam Mowers,
Investorideas.com
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