The
#AIEye: Microsoft ( $MSFT) Unveils Azure Sentinel, Baidu ( $BIDU) Launches #AI
Home Theatre and Smart Speaker and NICE ( $NICE) Takes Stevie Award for NEVA
Global
#AI in Workspace Market CAGR of 41% from 2018-2023
Point
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2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial
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Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Global AI in
Workspace Market CAGR of 41% from 2018-2023
A report
from Market
Research Future finds
that the global AI in workspace market is projected to see a compound annual
growth rate of 41 percent in the forecast period 2018-2023. An excerpt from the
report summary reads:
Artificial
Intelligence technology is advancing by leaps and bounds in the current
industry. It has been one of the most rapidly-growing technologies. With the
help of AI, huge amounts of data are combined with fast, iterative processing.
Along with the AI algorithms, the software can learn patterns and
characteristics from the data. The machine can also learn from its previous
mistakes and improvise. The complex raw data is thus analyzed for business
insights by just being connected to smart devices every day. Thus, the
workspace gets more productive and efficient by application of analytics and
AI. Manufacturers of AI face huge underlying intellectual challenges in the
development of the technology as it is evolving every day. With AI, the
situations and possibilities which were science fiction, have now become a real
and integral part of the workspace. AI is considered as one of the most basic
technologies of the next gen software technologies in the market.
Microsoft Unveils
Azure Sentinel, Baidu Launches AI Home Theatre and Smart Speaker and NICE Takes
Stevie Award for NEVA
Stocks discussed:
(NasdaqGS:MSFT) (NasdaqGS:BIDU) (NasdaqGS:NICE)
Bloomberg reports
that Microsoft (NasdaqGS:MSFT) has unveiled the Azure Sentinel
Cloud Security platform, which uses “artificial intelligence to comb through data to find threats”.
According
to the report:
Azure Sentinel can
quickly download a customer’s Office cloud data and combine that with security information
to find threats. For example, Office email spam data can provide clues on
suspicious accounts or computers that have turned into zombie spam-sending
machines.
Baidu,
Inc. (NasdaqGS:BIDU) launched two new
AI-based IoT smart devices in China – an AI home theatre system called Xiadu TV
Mate, and a smart speaker called Xiadu Smart Display 1S. Jing Kun, General
Manager of Baidu’s Smart Living Group, said:
“Xiaodu
smart speaker and displays are entering millions of households in China as a
reliable virtual assistant. With the launch of these two Xiaodu products, Baidu
has established an AI product ecosystem with integrated software and hardware.
We will continue to build AI assistant services that are everywhere, improve
user interaction with devices, and make a complex world simpler through
technology.”
NICE
Ltd. (NasdaqGS:NICE) announced that
NEVA (NICE Employee Virtual Attendant) has been presented a Gold Stevie at the
13th annual Stevie Awards for Sales & Customer Service. Barry Cooper,
President, NICE Enterprise Group, said:
“We are honored to
receive this prestigious acknowledgement for our innovative contribution
towards taking customer engagement to new heights within the industry. As
leaders in attended automation, we have leveraged an unprecedented opportunity
to combine Robotic Process Automation with smart virtual assistant technology
to effectively synchronize both the human and virtual workforces. NEVA enables
humans to deliver exceptionally tailored experiences while the robotic
workforce dramatically improves processing accuracy, speed and overall
operational efficiencies."
Sam Mowers,
Investorideas.com
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