The
#AIEye: Gopher (OTCQB: $GOPH) Releases Avant! #AI Mobile App for Android and
iOS and FICO (NYSE: $FICO) and Equifax (NYSE: $EFX) Form Strategic Partnership
Global
Legaltech AI Market to Make $37.858 Billion by 2026 at CAGR of 35.94%
Point Roberts WA, Vancouver BC – March 28, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Global
Legaltech AI Market to Make $37.858 Billion by 2026 at CAGR of 35.94%
A new report from Zion Market Research finds that global
legaltech AI market is set to generate $37.858 billion by 2026 at a compound
annual growth rate (CAGR) of 35.94 percent from 2019-2026. An excerpt from the
report analysis reads:
Artificial intelligence (AI) is
increasingly transforming the field of law practice. Many legal professionals
are aware that AI can significantly reduce cost and time while increasing
accuracy. AI plays an important role in faster and better delivery of certain
legal services at an economical cost. Various corporate law firms and legal
departments are implementing AI for the standardization and review of
documents. AI in the legal context is defined as technologies that are
intelligent but have certain defined functions. The rising funding for AI and
the growing AI adoption in legal firms are major factors driving the global
legaltech artificial intelligence market growth in the upcoming years.
Additionally, rising acquisitions and mergers in the legaltech industry are
also fuelling the global legaltech artificial intelligence market. However, the
regular need for software updates and high-cost of technologies may hamper the
global legaltech artificial intelligence market over the estimated timeline.
Gopher
Releases Avant! AI Mobile App for Android and iOS and FICO and Equifax Form
Strategic Partnership
Stocks
discussed: (OTCQB:GOPH) (NYSE:FICO) (NYSE:EFX)
Gopher Protocol Inc. (OTCQB:GOPH) has released the mobile version of its Avant! AI
app for Android and iOS. The app is synchronized with the web
application at https://www.avant-ai.net/. Gopher CTO Dr. Danny
Rittman said:
"We
are glad to offer our Avant! AI mobile application in order to enable users
with a handy Q/A system wherever they go. Now users can ask Avant! AI about any
topic, anywhere in the world and have the convenience of getting a quick answer
directly on their mobile phones. There is no need to perform a topic search and
look at site after site for the best answer. Simply ask Avant! AI, and it will
do the search for you, giving you the best answer!”
“In
the near future we'll enable more features for the application, including
personal training capabilities. This feature will virtually enable users to
create their own, private, mobile data bank or a personal encyclopedia, with
the system learning how to find the best result for each individual user.”
FICO (NYSE:FICO) has announced a strategic partnership with Equifax, Inc. (NYSE:EFX), in which the two companies will
introduce the Data Decisions Cloud, an end-to-end data and analytics suite.
FICO CEO William J. Lansing commented:
"Our
common mission is to empower financial institutions to leverage data-driven
decisioning in all their customer interactions. With this strategic
partnership, FICO and Equifax will help organizations operationalize the best
data with unparalleled predictive analytics and applied AI, and do so in a
streamlined and cost-effective way."
Sam
Mowers, Investorideas.com
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