The
#AIEye: NICE (Nasdaq: $NICE) Recognized for Leadership by Opus Research and
Avnet (NasdaqGS: $AVT) Announces Company Milestone
Global
Edge #AI Hardware Market to Reach $1.906 Billion by 2026
Point Roberts WA , Vancouver BC – July 23, 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: (NasdaqGS:NICE) (NasdaqGS:AVT)
NICE Ltd. (NasdaqGS:NICE) has been recognized by Opus Research as a leader in
authentication, voice biometrics and fraud prevention. An excerpt from the
report explains:
"NICE
RTA provides a proactive fraud prevention approach as well as real time fraud
detection using a watchlist. Based on unique machine learning technology, the
new capability allows contact centers to automatically prevent fraud before it
happens by identifying previously unknown fraudsters and blocking them from
committing fraud."
Barry Cooper, President NICE Enterprise Group,
commented:
"This
report is a testament to the innovative capabilities of NICE RTA that enable
our customers to protect themselves and their customers. Of particular note is
its Proactive Fraudster Exposure capability which reinvents the way companies
fight fraud. NICE RTA offers a robust, holistic solution that allows contact
centers to prevent fraud while improving operational efficiency and customer
experience."
Avnet, Inc. (NasdaqGS:AVT) has announced that its project-based community
Hackster.io, has grown tenfold since 2016, marking a significant company
milestone. Adam Benzion, cofounder and CEO at Hackster.io, commented:
“Hackster’s
growth can be attributed to our two core values: information and education.
With Avnet’s support, we have accelerated our outreach to more people in more
places and offered better learning tools for hardware creation. And, as
interest in advanced technologies like artificial intelligence, machine
learning and blockchain continues to grow, we’re seeing the emergence of even
more exciting ideas and projects in our community.”
Global
Edge AI Hardware Market to Reach $1.906 Billion by 2026
A report from Research and Markets finds that the global
Edge AI Hardware market is projected to grow from $394.07 million in 2017 to
$1.906 billion by 2026 with a compound annual growth rate (CAGR) of 19.1
percent in the forecast period. An excerpt from the report description reads:
“Reduction in operation costs & data storing and
increasing real-time low latency on Edge Devices are some of the key factors
driving the global Edge AI Hardware market during the forecast period. However,
small number of AI experts is restraining the growth of market.
By Device, the Cameras segment is expecting a
considerate growth over the projected period. Edge AI Hardware helps to achieve
better image quality, even in challenging conditions. By geography, North
America dominated the market and is also expected to hold a distinguished
position by the end of the forecasted period, due to the increasing dependency
on IoT devices and increase in government funding in [the] region.”
Sam Mowers, Investorideas.com
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