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Tuesday, July 23, 2019

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  – (, 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, has grown tenfold since 2016, marking a significant company milestone. Adam Benzion, cofounder and CEO at, 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,

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