The
#AIEye: NVIDIA (Nasdaq: $NVDA) Makes Stack of #AI and HPC Software Available to
ARM Ecosystem and Wipro (NYSE: $WIT) Partners with Moogsoft for AIOps
AIOps
Market to See CAGR of 27% from 2019-2026
Point Roberts WA, Vancouver BC – June 17, 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
Stocks
discussed: (Nasdaq:NVDA) (NYSE:WIT)
NVIDIA Corporation (NasdaqGS:NVDA) is making its full stack of AI
and HPC software available to Arm CPUs (advanced reduced
instruction set computing machine). Jensen Huang, founder and CEO of NVIDIA,
commented:
“Supercomputers
are the essential instruments of scientific discovery, and achieving exascale
supercomputing will dramatically expand the frontier of human knowledge. As
traditional compute scaling ends, power will limit all supercomputers. The
combination of NVIDIA’s CUDA-accelerated computing and Arm’s energy-efficient
CPU architecture will give the HPC community a boost to exascale.”
Wipro Limited (NYSE:WIT) has partnered with artificial intelligence for IT
operations (AIOps) pioneer Moogsoft. The former will “leverage Moogsoft’s
industry-leading platform to deliver next-generation artificial intelligence
for IT operations (AIOps) solutions for its customers”, according to the press
release. Kiran Desai, Senior Vice President and Global Head, Cloud and
Infrastructure Services, Wipro Limited said:
“Moogsoft
is an industry leader and our key partner in the AIOps solutions space. We have
also invested in the company through Wipro Ventures, the strategic investment
arm of Wipro Limited. Moogsoft’s industry-leading AIOps platform will enable
our customers to adopt a more proactive and situation-aware incident management
approach. We are confident that this partnership will strengthen our AIOps
practice for the managed services provider market.”
AIOps
Market to See CAGR of 27% from 2019-2026
Research from Report Consultant finds that the global
AIOps market will experience a compound annual growth rate (CAGR) of 27 percent
from 2019 to 2026, according to a press release. An excerpt reads:
The
global AIOps market is gaining traction among various industries. It aids in
procuring real-time data by eliminating silos, better tracking, and management,
automated problem solving, and also helps in digital conversion. With evolving
technology, voluminous data, customer demands, and process inefficiencies,
AIOps solutions are better handling problems as compared to traditional
solutions. The growing adoption of machine learning and data analysis to make
sense out of existing internal management systems are further fueling the
adoption of AIOps among various industries. However, lack of awareness could be
one of the factors hindering the growth of the AIOps market over the forecast
period.
Sam
Mowers, Investorideas.com
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