The
#AIEye: Alteryx (NYSE: $AYX) Acquires Feature Labs and BrainChip (ASX:BRN) Ramps
Up Global Marketing Ahead of Bringing Flagship Akida to Market
Global
Machine Learning Market to Reach $8.81 Billion by 2022
Point Roberts WA, Vancouver BC – October 4, 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/10041AIEye-AYX-BRN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:AYX) (ASX:BRN)
Alteryx, Inc. (NYSE:AYX)
has acquired data science software company Feature
Labs. Feature Labs was launched out of Massachusetts Institute of Technology
(MIT) and automates feature engineering for machine learning and artificial
intelligence (AI) applications. Dean Stoecker, co-founder and CEO of Alteryx,
explained:
"Feature
Labs' vision to help both data scientists and business analysts easily gain
insight and understand the factors driving their business matches the Alteryx
DNA. Together, we are helping customers address the skills gap by putting more
powerful advanced analytic capabilities directly into the hands of those
responsible for making faster decisions and accelerating results. We are
excited to welcome the Feature Labs team and to add an engineering hub in
Boston.”
BrainChip Holdings Ltd. (ASX:BRN) is ramping up its global marketing efforts ahead of bringing its
Akida neuromorphic system-on-a-chip to market. Today the firm announced that it
has retained the services of technical industry analyst firm ActualTech Media
and global public relations and marketing experts JPR Communications. According
to the press release, ActualTech Media has been employed to “help BrainChip to
gain mindshare in the burgeoning AI acceleration chipset market”, and JPR
Communications will “ensure that BrainChip’s message is delivered across
multiple offline and online platforms to reach their intended audiences”. Louis
DiNardo, CEO of BrainChip, commented:
“I
am fully aware of the idea that you only have one chance to make a good
impression and therefore I understand the importance of building a global
marketing team that will help us do just that. While there is a considerable
amount of buzz about artificial intelligence, machine learning, and the edge
today, there hasn’t been much said about how to translate vast realms of data
into actionable information. By partnering with ActualTech Media and JPR
Communications, both influencers and our potential customer-base can better
understand the value we bring in delivering our AI-based ‘brains’ to edge
devices.”
Global
Machine Learning Market to Reach $8.81 Billion by 2022
A report from Markets and Markets finds that the global
Machine Learning market is expected to grow from $1.03 billion in 2016 to $8.81
billion by 2022, with a compound annual growth rate (CAGR) of 44.1 percent in
the forecast period. An excerpt from the report description outlines the
verticals segment of the market:
In
the verticals segment, the Banking, Financial Services, and Insurance (BFSI)
vertical is expected to be the highest contributor, whereas the healthcare and
life sciences vertical is projected to grow at highest CAGR during the forecast
period. Both the verticals generate data in a huge amount every second, and
there is accelerated demand for data management technologies such as machine
learning and predictive analytics in order to extract business critical
insights from this ever-increasing data. The other industry verticals, such as
manufacturing, telecommunication, energy and utilities, retail, and government
and defense are contributing significantly to the machine learning market.
These verticals are also expected to witness significant growth rates during
the forecast period due to the increased concerns for managing the complex
business processes with improved efficiency and lowering the overall costs.
Sam Mowers,
Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
or become an Investor Ideas member
About Investorideas.com - News that
Inspires Big Investing Ideas Investorideas.com is a
recognized news source publishing third party news and press releases plus we
create original financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts
and videos talking about cannabis, crypto,
technology including AI and IoT ,
mining ,sports biotech, water, renewable energy and more . Investorideas.com
original branded content includes the daily Crypto
Corner and Podcast, Play by Play sports and stock news column, Investor
Ideas #Potcasts #Cannabis News and Stocks on the Move
podcast and column, Cleantech and
Climate Change Podcast and the AI Eye Podcast and column covering
developments in AI.
The Investorideas.com podcasts are
also available on iTunes, Spotify,
Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third
party sourced news, articles and equity research as well as creates original
content, including video, interviews and articles. Original content created by
investorideas is protected by copyright laws other than syndication rights. Our
site does not make recommendations for purchases or sale of stocks, services or
products. Nothing on our sites should be construed as an offer or solicitation
to buy or sell products or securities. All investing involves risk and possible
losses. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. Disclosure
is posted for each compensated news release, content published /created if
required but otherwise the news was not compensated for and was published for
the sole interest of our readers and followers. Contact management and IR of
each company directly regarding specific questions.
More
disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more
about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence is an
original content brand of Investorideas.com
Contact
Investorideas.com
800 665 0411
No comments:
Post a Comment