The
#AIEye: IBM (NYSE: $IBM) Watson Leveraged by Spain’s Cerealto Siro Foods, NICE
(NasdaqGS: $NICE) Introduces Quality Central Insight and Nuance (NasdaqGS: $NUAN)
#AI-Powered Services Adopted by Canada’s Northern Health
AI
in Fintech to Reach $7.93 Billion Globally by 2025
Point Roberts WA, Vancouver BC – June 6, 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
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Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/06061AIEye-IBM-NICE-NUAN.asp
Today’s Column- The AI Eye- Watching
stock news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(NYSE:IBM) (NasdaqGS:NICE) (NasdaqGS:NUAN)
Spanish food company Cerealto Siro Foods has employed IBM (NYSE:IBM) Watson to detect trends and inspire
ideas in its food production process. A new snack created by the company – rice
cakes with pea and lentil – was suggested by artificial intelligence-acquired
data. Ángel Castán, head of the Consumer and Retail sector at IBM Spain,
commented:
"Artificial
intelligence augments the work of the researcher when it comes to finding
inspiration for creating new recipes and products. The food industry now has a
powerful assistant to help avoid hours of work and provide deep levels of
insight to support decision-making and suggest appealing combinations of
ingredients you may never have thought of.”
NICE Ltd. (NasdaqGS:NICE) has introduced a new contact center quality
management innovation based on speech analytics technology called NICE Quality
Central Insight. The new service analyzes written and spoken content from
interactions to identify performance issues and provide targeted evaluations to
help improve contact centre performance. Barry Cooper, President, NICE
Enterprise Product Group, commented:
"Contact
centers are challenged to monitor and deliver consistent, superior quality of
service over the myriad of channels that customers demand. Furthermore, manual
quality management processes hinder program effectiveness. NICE Quality Central
Insight allows contact centers to take a holistic approach and reinvent their
quality assurance programs to drive greater efficiency and offer exceptional
customer service, giving them a clear competitive advantage.”
Canada’s Northern Health, which delivers healthcare
services across northern British Columbia, has adopted the AI-powered Dragon Medical One
(DMO) and PowerMic Mobile (PMM) platforms from Nuance Communications, Inc. (NasdaqGS:NUAN). Both services provide speech
recognition solutions for Northern Health and streamline the documentation
process for patients. Lisa Gregoire, Director of Health Information Management
at Northern Health, said:
“We needed a
solution that would help us de-silo the Canadian healthcare system, provide our
workforce with an efficient way to accurately capture a patient’s complete
story at the point-of-care, and provide an integrated approach across the care
continuum—this is where Dragon Medical One was magic.”
AI in Fintech to
Reach $7.93 Billion Globally by 2025
Research from Report Consultant finds that the global AI
in fintech market will grow to $7.93 billion by 2025 with a compound annual
growth rate (CAGR) of 40 percent, according to a press release from Industry Reports. An excerpt from the
press release reads:
AI
in FinTech focuses on how AI changed financial services. Recognizing the fact
that start-ups in the financial industry should act as high-tech companies
while respecting financial regulation, they emphasized the complexity of
Fintech. Fintech relinquishes traditional financial practices that adhere to its
customers’ financial inclusion and credit accessibility and customization.
Artificial Intelligence enables FinTech in real time. AI creates a deep
personalization. FinTech prioritizes the speed of financial services. FinTech
changes the business model of financial services. Banks and FinTech companies
do not pursue simple business collaboration.
Sam Mowers,
Investorideas.com
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