The
#AIEye: Microsoft (Nasdaq: $MSFT) and ServiceNow (NYSE: $NOW) Form Strategic
Partnership and NICE (Nasdaq: $NICE) inContact’s CXone Improves Multi-Industry
Manufacturer’s Contact Centre Ops
#AI
in #Fintech Market to Reach $26.92 Billion by 2024
Point Roberts WA , Vancouver BC – July 9, 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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to today’s podcast:
Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/07091AIEye-MSFT-NOW-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NYSE:NOW) (NasdaqGS:NICE)
Microsoft (NasdaqGS:MSFT) and cloud solution-provider
ServiceNow (NYSE:NOW) have announced a strategic partnership aimed at enhancing integration
of both companies’ products and services. As part of this, ServiceNow’s SaaS
will be housed on Microsoft’s Azure as well as the former’s private cloud.
Satya Nadella, CEO of Microsoft, commented:
“There
is an enormous opportunity for customers — including in the public sector — to
apply the power of the cloud to become more efficient and responsive. Our
partnership combines ServiceNow’s expertise in digital workflows with Azure,
our trusted cloud, so that customers can accelerate their digital transformation,
while meeting their security and compliance needs.”
NICE inContact, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has announced that a Fortune
100 multi-industry manufacturing company has greatly enhanced its contact centre operations through
the former’s AI-powered CXone platform. Paul Jarman, NICE inContact CEO, said:
“We’re
excited to work with this global manufacturing leader to help power their
global customer experience transformation and achieve their NPS improvement
goals. Today, businesses of all sizes and across all industries are
transforming their contact centers in order to meet changing customer
expectations, and manufacturing is certainly not an exception. To compete in
today’s customer experience economy, both B2C and B2B companies are investing
in cloud contact center software to give agents the flexibility and tools they
need to drive faster resolutions and deliver exceptional customer experiences
with each and every interaction.”
AI
in Fintech Market to Reach $26.92 Billion by 2024
A report from Industry Research finds that the AI in fintech
market will grow from $6.84 billion USD in 2019 to $26.92 billion by 2024 with
a compound annual growth rate (CAGR) of 31.5 percent in the forecast period. An
excerpt from the report description reads:
Artificial Intelligence (AI) improves
results by applying methods derived from aspects of Human Intelligence at a
beyond human scale. The computational arms race for past years has
revolutionized the Fintech companies. AI and machine learning have benefited
the banks and fintechs as they can process huge amounts of information about
customers. This data and information are then compared to obtain results about
suitable services/products that customers want, which has aided, essentially,
in developing customer relations. Owing to these benefits offered by the AI
technology, fintech companies are increasingly demanding the AI-based
solutions. Moreover, the fintech industry is witnessing a considerable increase
in the number of startups. These players are also highly attracted toward the
adoption of AI to automate and expand their businesses.
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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