The
#AIEye: MAINGEAR Launches ELEMENT Leveraging Intel (Nasdaq: $INTC) and NVIDIA
(Nasdaq: $NVDA) Tech, NICE (Nasdaq: $NICE) Actimize Chosen by Bank Mayapada for
Improvements
Global
MLaaS Market to Grow $8 Billion from 2019-2023
Point Roberts WA, Vancouver BC – September 12,
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.
Listen
to today’s podcast:
Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/09121AIEye-MAINGEAR-INTC-NVDA-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (NasdaqGS:NVDA) (NasdaqGS:NICE) (NasdaqGS:NUAN)
PC system integrator MAINGEAR has launched a new gaming laptop called MAINGEAR
ELEMENT, in collaboration with Intel Corporation (NasdaqGS:INTC). The ELEMENT is geared
for optimal gaming and content creation and leverages the NVIDIA GeForce RTX™
2070 with Max-Q design GPU from NVIDIA Corporation (NasdaqGS:NVDA) for hitting peak
performance. Powered by the NVIDIA Turing GPU architecture and the NVIDIA RTX
platform, the GeForce RTX enables real-time ray tracing and AI-enhanced
graphics. Wallace Santos, founder and CEO of MAINGEAR, commented:
“At
MAINGEAR, we’re passionate about redefining the type of aesthetic consumers
expect from ‘gamer’ products. Working with Intel to design the ELEMENT was an
absolute joy, as it perfectly encapsulates our design philosophy of developing
products that excel in both style and substance. We think the ELEMENT is the
perfect notebook for the modern gamer and content creator.”
NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has been chosen by PT Bank Mayapada in Jakarta, Indonesia
to provide the latter with improvements in financial crime operations with
anti-money laundering compliance and investigation management solutions, employing
artificial intelligence and machine learning technology. Craig Costigan, CEO,
NICE Actimize, commented:
“Bank
Mayapada has placed its confidence, and the care of its customers, in NICE
Actimize’s Autonomous Financial Crime Management approach. Regulatory agencies
across the globe have recently been encouraging financial institutions to
explore the methods that AI and machine learning offer that could improve their
compliance programs, provide increased accuracy and productivity, and create a
clear path to supporting ever-changing regulatory requirements. We look forward
to working with Bank Mayapada, and our regional partner Q2, on its journey.”
Nuance Communications, Inc. (NasdaqGS:NUAN) has announced the expansion of its Nuance
Intelligent Engagement Platform, with enhancements to its conversational AI
services, messaging, agent AI services and security and biometrics services.
Robert Weideman, GM and EVP, Nuance Enterprise Division, explained:
“As
pioneers of this industry and experts who have spent decades in the trenches
making Conversational AI real for organizations around the globe, we know what
it takes for enterprise-grade success. As the space continues to grow more
complex, the future lies in solutions that are flexible and scalable. The best
customer interactions will come from platforms that do not sit in a silo but
rather build on the rich data an organization has across the business and from
that deliver an experience that’s personalized and frictionless. By expanding
the openness of our platform, we can continue to meet our customers where they
are, giving them the visibility and control they want while still providing
access to professional services.”
Global
MLaaS Market to Grow $8 Billion from 2019-2023
A report from Technavio finds that the global Machine
Learning as a Service (MLaaS) market will grow by approximately $8 billion USD
from 2019-2023 with a compound annual growth rate (CAGR) of more than 38
percent in that same forecast period. An excerpt from the report’s industry
overview reads:
Enterprises
across industries are focusing on improving the customer experience as a
business strategy to improve their competitive edge. The current digitalization
of enterprises has improved their operational efficiency. However, they are
seeking upgraded technologies for effective data management, such as customer
data, to analyze them in the future to optimize business strategies. MLaaS is
one such technology that is being adopted across end-user industries to gain
better data insights about customer buying patterns and interests. The ability
of ML in reducing or removing tasks is another significant factor prompting
end-users to adopt the technology. The use of ML is increasing among enterprises
for customer experience management, which will drive MLaaS market growth at a
CAGR of over 38% during 2019-2023.
Sam Mowers,
Investorideas.com
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