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Tuesday, October 1, 2019

The #AIEye: HPE (NYSE: $HPE) Primera Selected by BlueShore Financial to Foster Innovation, San Francisco Giants Choose Veritone (Nasdaq: $VERI) aiWARE for Fan Engagement and Archives

The #AIEye: HPE (NYSE: $HPE) Primera Selected by BlueShore Financial to Foster Innovation, San Francisco Giants Choose Veritone (Nasdaq: $VERI) aiWARE for Fan Engagement and Archives

Global #AI in Manufacturing Market to Grow by $7.22 Billion from 2019-2023

Point Roberts WA, Vancouver BC – October 1, 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: (NYSE:HPE) (NasdaqGS:LOGM) (NasdaqGS:VERI)

Hewlett Packard Enterprise Company (NYSE:HPE) has announced that BlueShore Financial has selected the former’s HPE Primera to “foster innovation and deliver superior products and services to clients”. HPE Primera utilizes the HPE InfoSight AI platform to reduce storage management time, predict and prevent issues, and accelerate application performance. Fred Cook, Chief Information Officer, BlueShore Financial, commented:

“BlueShore Financial is a fast growing organization with nearly $6 billion in Assets Under Administration that competes on the world stage, so BlueShore requires a partner who can assist us with our rapid growth flexibly and at scale. We have to make sure our clients are getting the services they need, when they need it, and we trust HPE to put us in a position to succeed by developing products that contribute to business value – fast. The ability to upgrade and scale with new technology like non-volatile memory and storage class memory is also a benefit we are looking forward to with HPE Primera.”

LogMeIn, Inc. (NasdaqGS:LOGM) is launching a new GoToMeeting, the company’s online meeting and conference software platform, which will feature a video-first meeting experience, industry-leading audio quality, a new meeting hub, powerful meeting diagnostics, and additional AI-powered transcription capabilities. Mark Strassman Senior Vice President and General Manager of Unified Communications and Collaboration at LogMeIn, explained:

“The very nature of work is changing, and we wanted to create a new GoToMeeting that is simple, fast and intuitive for users, while also giving IT a collaboration platform that sets them up for the future. Today we are releasing the video conferencing experience of tomorrow to revolutionize the way people collaborate with the most modern solution available.”

Veritone, Inc. (NasdaqGS:VERI) has been selected by the MLB’s San Francisco Giants for the former’s AI solutions to bring the latter’s 60-year media archive to life and drive an advanced fan engagement strategy. According to the press release, “Veritone aiWARE will enable rapid content search and accelerated asset sharing with media, global partners, internal stakeholders including web and social media teams, and fans during live games in the ballpark”. Veritone President Ryan Steelberg, commented:

“Veritone is empowering the San Francisco Giants with a comprehensive yet easy-to-use AI solution that will not only surface powerful moments that have been locked up in their static archives, but also help the team deliver those moments to fans in new and exciting ways. We’re honored to be working with the Giants to continue to advance fan engagement by maximizing the value and activation of their media assets through the use of AI by Veritone."

Global AI in Manufacturing Market to Grow by $7.22 Billion from 2019-2023

A report from Technavio finds that the global AI in Manufacturing market will grow by $7.22 billion USD with a compound annual growth rate (CAGR) approximating 31 percent in the forecast period 2019-2023. An excerpt from the report snapshot outlines the key drivers and trends observed in the market:

The growing popularity of industry 4.0 is encouraging manufacturers to integrate advanced technologies such as IoT and big data to improve their operational efficiencies. The IoT ecosystem is making industrial communication systems more flexible, adaptive, and fully aware of production conditions. The adoption of big data is helping manufacturers improve the efficiency of data management. Additionally, the rising adoption of automation in the manufacturing industry has increased the number of connected devices, which has resulted in the generation of large volumes of data. This is compelling manufacturing companies to adopt AI-based solutions to develop insights from the data to improve process management. Also, the adoption of AI-based solutions is helping manufacturing companies in lowering their equipment maintenance costs by identifying and fixing equipment malfunctions in advance. The evolution of industrial IoT and big data integration is one of the critical factors that will drive the growth of the artificial intelligence market in the manufacturing industry.

Sam Mowers,

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