The #AIEye: Accenture (NYSE: $ACN) Co-Launches
Unreasonable FUTURE Initiative, Grupo Fleury Works with FICO (NYSE: $FICO) on
Demand Planning Management Platform
#AI in Agriculture to Reach $980 Million in 2024 with
24.7% CAGR
Point Roberts WA, Vancouver BC – March 29,
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
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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 $980 Million in 2024 with 24.7% CAGR
New research from Reports Monitor
indicates that the global AI in agriculture market is projected to grow from
$330 million in 2019 to $980 million in 2024, registering a compound annual
growth rate (CAGR) of 24.7 percent. 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.
Artificial
Intelligence (AI) in Agriculture is mainly used for three applications:
Precision Farming, Livestock Monitoring, Drone Analytics, Agriculture Robots,
Others. And Precision Farming was the most widely used area which took up about
35.6% of the global total in 2018. However, in the future, Agriculture Robots
will occupy more share.
Accenture
Co-Launches Unreasonable FUTURE Initiative, Grupo Fleury Works with FICO on
Demand Planning Management Platform and LogMeIn Establishes AI Center for
Excellence
Stocks
discussed: (NYSE:ACN) (NYSE:FICO) (NasdaqGS:LOGM)
Accenture (NYSE:ACN), in collaboration
with Unreasonable Group, has launched Unreasonable FUTURE, a multi-year
initiative that brings together growth-stage ventures with investors, policy
makers, serial entrepreneurs, executives, and thought leaders. Daniel Epstein,
founder and CEO of Unreasonable Group said:
“Unreasonable FUTURE is bringing together
a hand-selected portfolio of entrepreneurs to make sure the future workplace
benefits everyone. This initiative proactively addresses the unintended
consequences of AI, machine learning, up-skilling and the entire digital
transformation that is emerging.”
Grupo Fleury, one of Brazil's largest
diagnostic medical companies, has worked with FICO (NYSE:FICO) on an automated
demand planning management platform. Alexandre Graff, general manager for FICO
in Latin America, commented:
"Our
team worked closely with Grupo Fleury to build a forecast tool with a powerful
analytics engine. This is an excellent example of combining classical
statistical time-series models with AI / machine learning techniques and an
intuitive user experience to improve speed and performance."
LogMeIn, Inc. (NasdaqGS:LOGM)
has established the AI Center for
Excellence based in Herzliya, Israel. The center will lead the company’s
research, development and advancement efforts in AI, focusing on bringing
Natural Language (NLP) and Speech technologies to LogMeIn’s product line-up.
Amit Ben, Head of AI at LogMeIn, said:
“At LogMeIn we are leading the movement
towards better global business communication, and AI is quickly becoming an
essential component in any modern solution. Building on our already strong AI
foundation, the new Center of Excellence will provide us with the ability to
dedicate even more time and resources to creating game-changing technologies
and deploy them across our entire product portfolio.”
Sam
Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
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