The
#AIEye: Humana (NYSE: $HUM) and Microsoft (Nasdaq: $MSFT) Partner to Build
Health Solutions, Wipro’s (NYSE: $WIT) Topcoder Adds Data Science and #AI
Features to Platform
Global
AI in Telecommunications Market to Reach $5.64 Billion by the End of 2025
Point Roberts WA, Vancouver BC – October 21, 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: (NYSE:HUM) (NasdaqGS:MSFT) (NYSE:WIT) (NasdaqGS:TER)
Humana Inc. (NYSE:HUM) and Microsoft (NasdaqGS:MSFT) have announced a strategic partnership to “build modern health
care solutions for Humana members aimed at improving their health outcomes and
making their health care experiences simpler to navigate”. Leveraging
Microsoft's Azure cloud, Azure AI, and Microsoft 365 collaboration
technologies, the companies will foster predictive solutions and intelligent
automation to improve its members' care. Heather Cox, chief of Digital Health
& Analytics at Humana, explained:
"Achieving
our goal to provide better care experiences and improve our members' health
requires strong partnerships that allow us to be smarter, safer and faster in
delivering care. The technologies to empower our members to get ahead of their
health issues and equip doctors with information exist today. Our partnership
with Microsoft gives us a secure space and modern platforms to put these
technologies to work for patients and their trusted providers."
Topcoder, a subsidiary of Wipro Limited (NYSE:WIT), has announced the addition of new data science and
AI features to the Topcoder Platform. According to the press release, the new
platform’s features include: native GPU support and the ability to develop
advanced analytic solutions with any tool, library or cloud application
service. Jayant Prabhu, VP & Global Head of Data, Analytics & AI, Wipro
Limited, commented:
“Wipro’s
expert data science teams and Topcoder crowd models create a complementing,
synergetic and differentiated business model for our clients. This innovative
model allows companies to leverage the power of innovation and crowdsourcing at
scale, as well as increase productivity and efficiencies to solve new classes
of problems.”
Teradyne, Inc. (NasdaqGS:TER) has entered into a definitive agreement with
AutoGuide Mobile Robots, under which the former will acquire the latter for
$165 million. According to the press release, AutoGuide is an autonomous mobile
robot provider for “material transport of payloads up to 10,000 pounds (4,500
kg) for the manufacturing, warehouse and logistics markets”. Rob Sullivan,
president and CEO of AutoGuide, commented:
“The
combined strength of Teradyne's industrial automation businesses and
AutoGuide's product lines offer new opportunities to create end-to-end
automation solutions for customers seeking the safest and most productive
material-handling operations from a single source. Teradyne’s financial
strength and global reach will help support AutoGuide’s growth, enabling us to
maintain our agile approach to the development and deployment of high-value
automation systems that bring industry leading value to our customers.”
Global
AI in Telecommunications Market to Reach $5.64 Billion by the End of 2025
A report from Research Moz finds that the global AI in
Telecommunications market is projected to grow from $340 million in 2018 to
$5.64 billion by the end of 2025 with a compound annual growth rate (CAGR) of
41.9 percent in the forecast period. An excerpt from the report description
reads:
There
are a number of different AI technologies that may be useful in telecoms. These
include:
Self-optimising
networks (SON), where the networks goals and limits are set by designers, and
the networks control software works within those boundaries to make the network
as efficient as possible;
Deep
neural networks may enable machines perform human like tasks, allowing them to
help digitalizing the business and providing better customer engagement;
Software
defined networks (SDN) and Network Function Virtualisation (NFV) will increase
the diversity of possible traffic through the network. Both services and bundles
will be able to become more sophisticated, with customers even able to interact
with the services behind the network.
As
telecom companies are adopting technologies like virtualization, SDN-NFV,
orchestration; Artificial Intelligence is going to play a big role in smooth
integration of these technologies and automating the networks. Using AI and
data analytics, operators will be able to identify and push various services to
the customers at the right time, for e.g. in case of post-paid customers, operators
must encourage high speed data services and offer tailored data packs when
subscriber is running low on data.
Sam Mowers,
Investorideas.com
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