The
#AIEye: FICO’s (NYSE: $FICO) Customer Communication Services Used for SPDB’s
Collection Business and NICE (Nasdaq: $NICE) #Robotic Process Automation Named
Leader in Everest Group Report
Global
#AI in Agriculture to See CAGR of 22.7% from 2018-2025
Point Roberts WA , Vancouver BC – July 16, 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
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AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
(NYSE:FICO)
(NasdaqGS:NICE)
Shanghai Pudong Development Bank (SPDB) (SSE:600000) has used Fair Isaac Corporation’s (FICO) (NYSE:FICO) Customer Communication Services
(CCS) to boost collections performance while driving down business costs.
Introduced to SPDB’s system in 2016, FICO’s CCS leverages intelligent
automation and machine learning to improve efficiency and reduce risk
associated with the former’s collection business. Sandy Wang, general manager
for FICO in China, commented:
"SPDB
continues to use big data, machine-learning and AI with confidence. The bank
had already embraced these technologies for scoring, so it was a sensible
extension to deploy them for customer collections as well. For their innovation
with CCS in modernizing and digitize their banking services SPDB won our 2018
FICO® Decisions Award for Debt Collection."
NICE Ltd. (NasdaqGS:NICE) has announced that, for the
second consecutive year, its Robotic Process Automation (RPA) solution has been
named a leader in Everest Group's PEAK Matrix, a part of the latter’s RPA
Technology Vendor Assessment 2019 report. According to the press release, RPA optimizes the
collaboration between human employees and robots by seamlessly combining
desktop (attended) and robotic (unattended) automations in real time. Sarah
Burnett, Executive Vice President at Everest Group, explained:
"This
is the second year that NICE has achieved a leading position in Everest Group's
RPA Product PEAK Matrix™ assessment. Factors that contributed to NICE's position
included good customer feedback, as well as its continued investments in
innovation and its products, such as the launch of Automation Finder,
enhancements to its Automation Watcher and Shape Analysis, and capabilities for
both attended and unattended RPA."
Global
AI in Agriculture to See CAGR of 22.7% from 2018-2025
A report from Data Bridge Market Research finds that the
global market for AI in agriculture was valued at $432.5 million USD in 2017
and is projected to see a compound annual growth rate (CAGR) of 22.7 percent
from 2018 to 2025. An excerpt from the report description defines the market:
Artificial
Intelligence (AI) in agriculture is utilization of cognitive technologies that
helps in learning, reasoning, understanding and interacting, which in result
increases the efficiency. It offers various advantages such as Image
recognition and insight, chatbots for farmers, help IoT achieve its maximum
potential and determine the best options to maximize return on crops.
It goes on to list the market drivers as:
● Increasing adoption of new advanced
technologies and IMS
● Rising demand for agricultural production
● Government support and initiatives for
the adoption of modern agricultural techniques
● Maximizing crop productivity along
with the implementation of various techniques
● Increasing use of drones in
agricultural farms
Sam Mowers,
Investorideas.com
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