The
#AIEye: Delta Electronics Partners with Microsoft (Nasdaq: $MSFT) for Digital
Transformation and Virtusa (Nasdaq: $VRTU) Joins SAIL
APAC
#AI in Healthcare to Hit $11.733 Billion by 2025
Point Roberts WA, Vancouver BC – September 19,
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: (TPE:2308) (NasdaqGS:MSFT) (NasdaqGS:VRTU)
Taiwanese electronics giant Delta Electronics, Inc. (TPE:2308) has announced a partnership with
Microsoft (NasdaqGS:MSFT) for the former’s digital
transformation, according to local outlet the Taipei Times. In addition to the digital
transformation, Delta Electronics chairman Yancey Hai said the company is “also
planning future collaborations with Microsoft in areas such as machine deep
learning at its robotics arm with the aim of improving the industrial
automation business”. Hai said:
“We
have set up two AI [artificial intelligence] projects with Microsoft’s
headquarters in the US... One is aimed at improving the efficiency and noise
cancelation of our ultra-thin fans, the other is focused on developing a
product quality management system.”
Virtusa Corporation (NasdaqGS:VRTU) has joined the Stanford Artificial Intelligence
Laboratory (SAIL) as an Affiliate Member. According to the press release, the
collaboration will focus on using AI to help patients live longer, reduce food
waste, and improve profitability of products in the healthcare, insurance, life
sciences, communications, media, technology, and banking and financial services
industries by extending open source research projects for AI”. Samir Dhir,
president, Virtusa, commented:
“We
recognize the critical importance of collaboration in advancing AI technologies
to create intelligent solutions that make lives better and businesses more
efficient. Virtusa joining forces with SAIL enables us to leverage our deep
industry and technical expertise to define solutions that make it easier for organizations
to benefit from AI. We are excited to collaborate on this challenge with the
eminent researchers at Stanford.”
APAC
AI in Healthcare to Hit $11.733 Billion by 2025
A report from Ken Research finds that the Asia Pacific
(APAC) AI in Healthcare market is projected to reach $11.733 billion by 2025,
according to a press release. An excerpt from the market
overview reads:
APAC
AI in Healthcare Market has witnessed strong growth owing to rising number of
collaborations, investments and partnerships among hospitals, healthcare
providers, AI developers and medical device manufacturers; improved accuracy
and predictive capacity of AI powered devices, limited number of skilled
healthcare professionals in developing countries such as China and India and
over the years advancements in processor design and manufacturing techniques
across Asia Pacific region. The market size by revenue witnessed a five year
CAGR of close to 56% during the review period (2013-2018) due to the combined
effect of these factors. The market is currently placed in high growth stage
with strong possibility for further innovations and developments at a faster
pace with positive trends expected in the industry.
Sam Mowers,
Investorideas.com
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