The
#AIEye: Microsoft (Nasdaq: $MSFT) and BMW Announce Open Manufacturing Platform,
Intel (Nasdaq: $INTC) Invests $117 Million in #AI Startups and HP’s (NYSE: $HPE)
Aruba Introduces AI-Powered ClearPass Device Insight Solution
Global
AI in BFSI to See 40% CAGR From 2019-2026
Point Roberts WA , Vancouver BC – April 2, 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,
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Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/04021AIEye-MSFT-BMW-INTC-HPE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Global
AI in BFSI to See 40% CAGR From 2019-2026
A report from The Research Insights finds that the global AI
in BFSI (banking, financial services and insurance) market will exhibit a
compound annual growth rate (CAGR) of 40 percent in the forecast period
2019-2026. An excerpt from the report description reads:
Financial institutes are leveraging on
the AI to collect, report, and analyze large chunks of data to extract
meaningful insights about the customers to meet their requirements. The ability
of the technology to perform tasks, such as processing natural language and
recognizing images, speech & text, and advanced machine learning
algorithms, is a factor that will augment demand for the technology. The need
to provide better customer support, enhance process automation, and improve
decision-making process generates the demand for artificial intelligence in the
BFSI market.
Microsoft
and BMW Announce Open Manufacturing Platform, Intel Invests $117 Million in AI
Startups and HP’s Aruba Introduces AI-Powered ClearPass Device Insight Solution
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqGS:INTC) (NYSE:HPE)
Microsoft (NasdaqGS:MSFT) and BMW Group have announced the Open Manufacturing Platform
(OMP), a “new initiative to drive open industrial IoT development and help grow
a community to build future Industry 4.0 solutions”. Scott Guthrie, executive
vice president, Microsoft Cloud + AI Group, said:
"Microsoft
is joining forces with the BMW Group to transform digital production efficiency
across the industry. Our commitment to building an open community will create
new opportunities for collaboration across the entire manufacturing value
chain."
Intel Corporation (NasdaqGS:INTC) has announced $117 million of investments in 14 tech startups creating AI
platforms at the Intel Capital Global Summit this week. Wendell Brooks, Intel
senior vice president and president of Intel Capital, said:
“Intel has driven disruption for the last
50 years, changing the way we live by making compute ubiquitous. Intel Capital
is continuing that legacy of disruption with these investments. These companies
are shifting the way we think about artificial intelligence, communications,
manufacturing and health care – areas that will become increasingly essential
in coming years as the linchpins of a smarter, more connected society.”
Hewlett Packard (NYSE:HPE) company Aruba has introduced the AI-powered ClearPass Device
Insight solution, which “delivers a single pane of glass for device visibility
employing automated device discovery, machine learning (ML) based
fingerprinting and identification”. According to the press release, “these
solutions allow enterprises to remove IoT security and connectivity barriers,
while decreasing associated operational costs and complexities”.
Sam
Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
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