The
#AIEye: Microsoft (NASDAQ: $MSFT), Adobe (NASDAQ: $ADBE) and SAP (NYSE: $SAP) Reveal
Details About Open Data Initiative and IBM (NYSE: $IBM) and Sandvik’s OptiMine
Analytics is Revolutionizing the Mining Sector
#AI
in Professional Services to Hit $996.1 Million in China by 2025, $1.884 Billion
in U.S.
Point Roberts WA , Vancouver BC – April 1, 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.
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
AI
in Professional Services to Hit $996.1 Million in China by 2025, $1.884 Billion
in U.S.
Research and Markets has published two new reports each
looking at AI in the professional services market. One looks at the growth of
the market in China, where it will record a compound annual
growth rate (CAGR) of 25.9 percent in the forecast period 2019-2025 and will
reach $996.1 million USD by 2025. The other looks at the market’s growth in the
U.S., where it will reach $1.884 billion USD
with a CAGR of 28.9 percent in the same forecast period.
Microsoft,
Adobe and SAP Reveal Details About Open Data Initiative and IBM and Sandvik’s
OptiMine Analytics is Revolutionizing the Mining Sector
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqGS:ADBE) (NYSE:SAP) (NYSE:IBM) (STO:SAND)
Microsoft (NasdaqGS:MSFT), Adobe, Inc. (NasdaqGS:ADBE) and SAP (NYSE:SAP) revealed details regarding their Open Data
Initiative (ODI), that will “enable
a new level of AI and machine learning enrichment to garner new insights and
better serve customers”. An excerpt from the press release reads:
From the beginning, the ODI has been
focused on enhancing interoperability between the applications and platforms of
the three partners through a common data model with data stored in a
customer-chosen data lake. This unified data lake is intended to allow
customers their choice of development tools and applications to build and
deploy services.
IBM (NYSE:IBM) and Sandvik Mining and Rock
Technology’s (STO:SAND) OptiMine Analytics is helping clients develop
a framework to shape offerings around data driven productivity and predictive
maintenance in the mining sector. Jay Bellissimo, General Manager, Cognitive
Process Transformation, IBM Global Business Services explained:
"Sensors
and tracking systems for asset management is only the beginning when it comes
to how artificial intelligence will disrupt the mining industry. Creating a
solution that turns the data into actionable insights is a delicate matter. It
requires an interdisciplinary effort spanning across mining technology,
software engineering and data science. IBM and Sandvik are now on course to
help transform the mining value chain with the fusion of cognitive capabilities
into miners business and operating processes."
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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