The
#AIEye: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Joins Microsoft One (Nasdaq:
$MSFT), NICE (Nasdaq: $NICE) Announces #Robotic Process Automation Version 7.1
#AI
Software in Legal Market to See 28% CAGR from 2019-2024
Point Roberts WA, Vancouver BC – July 2, 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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Read this in full
at https://www.investorideas.com/news/2019/artificial-intelligence/07021AIEye-VSBY-MSFT-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (CSE:VSBY) (5VS.F) (VSBGF) (NasdaqGS:MSFT) (NasdaqGS:NICE)
(NasdaqGS:NUAN)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) has been selected by Microsoft (NasdaqGS:MSFT) to join Microsoft One – the
latter’s elite group of global independent software vendors for intensive joint
sales, support and go-to-market initiatives. Jay Hutton, VSBLTY co-founder and
CEO, commented:
“We
are thrilled to be selected as a commercial partner by Microsoft. Our executive
team has a long history with Microsoft, including our Chief Technology Officer,
Tim Huckaby, who has worked for or with Microsoft for more than 25 years. A
Microsoft Global RD and Microsoft MVP, Tim serves on many councils and boards
including the Microsoft Application Development Partner Advisory Council. This
is another example of a force multiplier for VSBLTY. Enlisting the strength and
breadth of the Microsoft global sales force will certainly move the needle both
in terms of reach and credibility.”
NICE Ltd. (NasdaqGS:NICE) has announced its Robotic Process Automation
version 7.1. This new version boasts AI-driven automation discovery for
identifying sub-processes, proactive identification of automation workflows and
connectivity issues, intelligent real-time data, dashboards and sophisticated
control features – all of which combine to drive automation development,
business continuity and efficient robotic and human workforce management.
Nuance Communications Inc. (NasdaqGS:NUAN) has been named the market leader in Opus Research’s Intelligent Authentication
and Voice Biometrics Intelliview Report.
Brett
Beranek, General Manager, Security Business, Nuance Enterprise, commented:
“Being
recognized once again by Opus Research as a leader in the biometrics market is
a testament to the dogged focus our team has had on ensuring our technology is
evolving as fast as the fraudsters are. Today our technology powers the world’s
largest banks and telcos to not only prevent and prosecute fraudsters, but also
enable the kind of channel-less, streamlined experience consumers demand today.
Seeing the success of these deployments and witnessing the value our technology
offers these organizations is what motivates us to continue to innovate.”
AI
Software in Legal Market to See 28% CAGR from 2019-2024
A report from Research and Markets finds that the AI
software market in the legal industry is projected to see a compound annual
growth rate (CAGR) of 28 percent in the forecast period 2019-2024. An excerpt
from the report description reads:
The
market is witnessing an increase in the adoption of AI solutions to manage the
entire legal process efficiently. For instance, In-house legal departments
spend 50% of their time reviewing contracts even as basic as a Non-Disclosure
Agreement, creating unnecessary bottlenecks and slowing down business and
deals. AI is helping lawyers to focus their review on the relevant segments of
each contract, saving countless lawyer-hours.
Increasing
demand for automation in applications such as contract review and management,
eDiscovery, case prediction, and compliance are boosting the market's growth
positively. The automation of contract management enhances the sales team's
abilities to finalize deals, improves relationships with customers, and impacts
many other areas of an organization to enable companies to realize real,
tangible value.
Sam Mowers,
Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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