The
#AIEye: NICE (Nasdaq: $NICE) Wins 2019 Customer Product of the Year for ESP and
Gridsum (Nasdaq: $GSUM) Partners with ShineWing to Apply #AI to Professional
Services
Global
Automotive #AI Market to Reach $10.8 Billion by 2025
Point Roberts WA , Vancouver BC – April 29, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
NICE Ltd. (NasdaqGS:NICE) has announced that its Enhanced
Strategic Planner (ESP) solution has received the 2019 CUSTOMER Product of the Year
Award. Part of the company’s Workforce Management (WFM) solution, ESP is
powered by AI and provides comprehensive planning insights for contact centers.
Barry Cooper, President of the Enterprise Group, NICE, said:
“NICE
Enhanced Strategic Planner (ESP) reflects our continued commitment to innovate
and introduce new paradigms in Workforce Management. By leveraging AI, contact
centers can make planning decisions faster and more precisely. This solution
also allows quick adaptation to business changes and drives long-term success.
We are very pleased that NICE ESP has been honored with the 2019 CUSTOMER
Product of the Year Award."
Gridsum Holding Inc. (NasdaqGS:GSUM) has entered a strategic alliance with Chinese domestic
accounting and consulting firm, ShineWing. The agreement will see Gridsum apply
its AI and big data analytics solutions to ShineWing’s professional services
experience. Guosheng Qi, CEO of Gridsum, commented:
"We
are entering the era of digital transformation and informationization. Applying
AI and big data can solve a number of problems that affect many industries and
will facilitate corporate transformation and data governance. I strongly
believe that our cooperation with ShineWing will boost the transformation from
a labor-intensive model to a refined and intelligentized system across all
industries, which will greatly benefit China's digital revolution."
Global
Automotive AI Market to Reach $10.8 Billion by 2025
Research from Reports Intellect finds that the global AI
in automotive market will reach $10.8 billion in 2025 from 641 million in 2016
with a compound annual growth rate (CAGR) of over 39 percent from 2017-2025. An
excerpt from the report description reads:
The
market growth is primarily driven by the rising demand for smart vehicle and
increasing focus of vehicle manufacturers to enhance user experience. Moreover,
automotive manufacturers are heavily investing in smart technologies such as
Artificial Intelligence and LiDAR to create product differentiation. Moreover,
increasing purchasing power of consumers has created a significant opportunity
before the premium car segment, which is expected to fuel numerous
opportunities in the market.
Sam Mowers, Investorideas.com
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