The
#AIEye: Accenture (NYSE: $ACN) Announces Expansion of Google Cloud Partnership
Into Indonesia, Wipro (NYSE: $WIT) Named #AI Leader
Global
#AI in Transportation Market to Grow $1.87 Billion from 2017-2023
Point Roberts WA, Vancouver BC – September 6, 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
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:ACN) (NYSE:WIT) (TSXV:DM)
Accenture (NYSE:ACN) has announced the strategic expansion of its global partnership
with Google Cloud into Indonesia. The collaboration will provide multi-channel
customer interactions, improve data management, create services for
hyper-personalization in marketing, sales and services, leveraging Google
Cloud's data and AI capabilities, including Accenture's Contact Center AI
(CCAI) solution. Seong Kim Ho, Country Managing Director for Accenture in
Indonesia, commented:
"Indonesia's
growing middle class consumers is the main reason for this expansion to
Indonesia. We would like to help clients enable multi-channel customer
interactions and improve access to self-service and issue resolution capabilities,
while decreasing the cost to service each customer."
Wipro Limited (NYSE:WIT) has been named as a Leader in IDC MarketScape: Worldwide Artificial Intelligence Services 2019 Vendor
Assessment. Jayant Prabhu, Vice President and Global Head, Data, Analytics
& AI, Wipro Limited, commented:
“Being
a leader in AI services market is a testament to our consulting driven approach
to enable organizations transform into intelligent enterprises by leveraging
our in-depth AI services. We help our customers in this transformation journey
by leveraging a strong knowledge ecosystem to build scalable AI/ML capability
coupled with innovative execution models such as crowdsourcing.”
Datametrex AI Limited (TSXV:DM) has introduced a Bot Detection service and upgraded
its Fake News Filter. The two services dovetail as the Bot Detection service
helps improve industry standards for detecting fake accounts on social media
and their potential spreading of fake news stories. Jeff Stevens, President and
COO of the Company, explained:
“These
technology developments are a major milestone for the Company. Datametrex will
be one of a select few AI companies that can offer this type of analysis and
detection for governments, military, media, marketing and data collection
agencies, and corporations to identify and manage fake news. We will never be
able to prevent fake news and propaganda so having powerful tools to identify
and manage the narrative is key for all stakeholders.”
Global
AI in Transportation Market to Grow $1.87 Billion from 2017-2023
A report from Market Research Future finds that the global AI
in Transportation market is projected to grow $1.87 billion from 2017 to 2023
with a compound annual growth rate (CAGR) of 18.03 percent in the same period.
An excerpt from the market description reads:
AI
is the next big technological innovation which is forecasted to revolutionize
the transportation industry. The adoption of AI in transportation is predicted
to enhance driver and vehicle safety. This is likely to drive the growth of the
market in the forthcoming years as around 1.3 million deaths occur in road
accidents every year.
Freight
transport sector is crucial to the economic growth of a region. The intensified
need for its enhanced operational efficiency has further paved the way for the
integration of AI into the transportation sector. Additionally, the rising
application of AI in railway cargo transportation has opened new avenues for
growth opportunities. However, the expensiveness of AI hardware and systems
remains an impediment to the market growth.
Sam Mowers, Investorideas.com
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