The
#AIEye: Qualcomm (NASDAQ: $QCOM) Technologies Achieves Broad Support for Vision
Intelligence Platforms and FICO (NYSE: $FICO) Named Category Leader for #AI in
Financial Services by Chartis Report
Global
AI in Manufacturing to Reach $873.1 Million by 2025
Point Roberts WA , Vancouver BC – April 12, 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
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Today’s
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AI Eye- Watching stock news, deal tracker and advancements
in
Qualcomm Technologies, a subsidiary of Qualcomm
Incorporated (NasdaqGS:QCOM), has announced broad ecosystem support for the
Qualcomm Vision Intelligence Platforms. The press release details several
companies that have integrated the platforms to “deliver powerful computing for
edge and on-device camera processing and machine learning, with exceptional
thermal efficiency, across a wide range of IoT applications”. Jeffery Torrance,
vice president, business development, Qualcomm Technologies, Inc., said:
“Leveraging
the power and security of our application processor technology, we are bringing
our platform solutions together with a broad base of customers and building a
camera ecosystem to drive the exciting evolution of connected, intelligent
cameras. Today’s cameras require superior connectivity and interoperability,
powerful heterogeneous computing and AI capability and protections for security
and privacy – all of which Qualcomm Technologies is uniquely suited to provide.
New applications for vision intelligence are popping up almost daily, and we
now have the ecosystem in place to make it easy for customers to bring
differentiated technology to fruition more rapidly, with products that will
further fuel the invention age in IoT.”
FICO (NYSE:FICO) has been named a category leader in AI for financial
services by Chartis Research in the latter’s 2019 Market and Vendor Landscape
Report. Last year, FICO had been named a category leader in the Chartis report
on Enterprise Fraud. Stuart Wells, executive vice president and chief
technology officer at FICO, said:
"A
lot of companies talk about AI without delivering — in fact, a recent report by
MMC Ventures found that 40 percent of European AI start-ups didn't actually
have any AI. At FICO, we condense decades of banking experience into
cloud-based machine learning applications that use the latest Big Data
technologies. This Chartis report validates FICO's deep experience in AI
solutions, which have been helping global banks prevent fraud and strengthen
consumer loyalty since 1992. With 100+ patents related to machine learning and
AI in our portfolio, we continue to lead the field for AI in financial
services."
Global
AI in Manufacturing to Reach $873.1 Million by 2025
Research from Market Insights Reports analyzes the global AI
in manufacturing market from 2019 to 2025. According to Market Research Periodical, the market will
grow from $133.7 million USD in 2019 to $873.1 million in 2025, with a compound
annual growth rate (CAGR) of 30.7 percent. An excerpt from the report
description reads:
Artificial intelligence technology is now
making its way into manufacturing, and the machine-learning technology and
pattern-recognition software at its core could hold the key to transforming
factories of the near future. It provides the industry overview with growth
analysis and historical & futuristic cost, revenue, demand and supply data
(as applicable). The research analysts provide an elaborate description of the
value chain and its distributor analysis. This Market study provides
comprehensive data which enhances the understanding, scope and application of
this report.
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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