The
#AIEye: VMware (NYSE: $VMW) Announces VMworld Events in San Francisco &
Barcelona; Twilio (NYSE: $TWLO) Powers Smart Waste Manager Senseneo with
T-Mobile (Nasdaq: $TMUS)
Smart
Thermostat Market to Hit $2.322 Billion by 2024
Point Roberts WA, Vancouver BC – July 8, 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: (NYSE:VMW) (NYSE:TWLO) (NasdaqGS:TMUS)
VMware, Inc. (NYSE:VMW) has announced that its VMworld event will return to
San Francisco from August 25-29 and Barcelona from November 4-7. The press
release indicates that the events will cover “data center and cloud, networking
and security, digital workspace – as well as emerging areas such as IoT,
artificial intelligence, blockchain and more”. Robin Matlock, senior vice
president and chief marketing officer, VMware, commented:
“VMworld
2019 US and VMworld 2019 Europe will demonstrate the impact of today’s rapidly
changing IT environments, and allow attendees to experience first-hand how to
accelerate technology-driven transformation without disruption. We have an
action-packed week planned for our customers, partners and for the industry at
both events and can’t wait to unveil new VMware innovations that help set the
stage for what comes next.”
Twilio, Inc. (NYSE:TWLO), along with T-Mobile (NasdaqGS:TMUS),
will be powering Senseneo – a smart waste management
solution provider. Senseneo leverages ultrasonic, smart waste monitoring
sensors and enables cities and businesses to make data-driven decisions and
optimize waste collection. Evan Cummack, head of Twilio’s IoT business unit,
said:
“Twilio
is here to help developers imagine, build, deploy and manage the world’s
largest fleets of cellular IoT devices. Our Narrowband partnership with
T-Mobile gives developers the quickest and most scalable way to deploy a fleet
of inexpensive, low-power devices with exceptional nationwide coverage.
Sensoneo is a great example of the unique opportunity that Narrowband
innovators have to disrupt established industries as the smart city vision
comes to life.”
Smart
Thermostat Market to Hit $2.322 Billion by 2024
A report from Industry Research finds that the smart
thermostat market will grow from $689.8 million in 2018 to $2.322 billion in
2024 with a compound annual growth rate (CAGR) of 23.1 percent in the forecast
period. An excerpt from the report description explains:
These
thermostats are termed as 'smart‘, due to the inherent capabilities of being
able to communicate with IoT devices within a smart building, ability to learn
with AI capabilities, active geo-fencing features, reduce energy consumption,
and ability to communicate with emerging virtual private assistants. Smart
thermostats refer to the devices that allow remote connectivity and can be
managed through a handheld device, finding its applications in residential
sectors. These are the devices that are connected and allow remote connectivity
in the consumer sector.
Sam Mowers,
Investorideas.com
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