The
#AIEye: NICE (Nasdaq: $NICE) Selected by PSCU for Payments Operations
Modernization and BrainChip (ASX:BRN) to Workshop Akida in Perth, Australia
Global
Machine Learning as a Service (MLaaS) Market to Reach $5.54 Billion USD by 2023
Point Roberts WA, Vancouver BC – October 14, 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/10141AIEye-NICE-PSCU-BRN-Akida.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NICE) (ASX:BRN)
NICE Ltd (NasdaqGS:NICE)
has been selected by Public Service Credit Union Ltd.
(PSCU) to to modernize the latter’s expanding payments operations with the
former’s fully automated and AI-powered investigations and case management
platform, ActOne Extend. Craig Costigan, CEO, NICE Actimize commented:
“Known
for its focus on innovation and commitment to service excellence, we are proud
to have been selected to address PSCU’s specialized credit union requirements
with our robust holistic platform for continued advancement in the future. NICE
Actimize will support PSCU’s expanding credit union membership, as the
organization continues to grow, with our advanced analytics and AI-infused
platform. We are particularly excited to apply the resources of our
investigations and case management experience as PSCU continues to streamline
its operations.”
BrainChip Holdings Ltd (ASX:BRN)
has announced a neural networking workshop using
the Akida™ Development Environment (ADE). Akida is the firm’s spiking neural
network “designed to provide a complete ultra-low power AI Edge Network for
vision, audio and smart transducer applications”. A workshop on November 1 at
the Ernst & Young facility at Tank Stream Labs in Perth, Australia will
focus on “implementations of Convolutional Neural Networks converted to
Event-Based Neural Networks and the development of Native Spiking Neural
Networks”, according to the press release. BrainChip founder and CTO Peter van
der Made said:
“We
are excited to invite developers and data scientists to participate in the
Akida Workshop. Akida is a revolutionary edge AI network technology and the
AKD1000 is the first in a family of devices that is ultra-low power, high
performance and a complete re-configurable network providing inference,
training and learning. The reduction in system latency provides a faster
response and a more power-efficient system that can reduce the large carbon
footprint of data centers.”
Global
Machine Learning as a Service (MLaaS) Market to Reach $5.54 Billion USD by 2023
A report from Allied Market Research finds that the global
Machine Learning as a Service (MLaaS) market is projected to grow from $768 million in 2017 to
$5.54 billion by 2023 with a compound annual growth rate (CAGR) of 39 percent
in the forecast period 2016-2023. An excerpt from the report overview reads:
Machine
learning as a service Market
incorporates a comprehensive range of services and solutions and techniques
interrelated closely to artificial intelligence (AI), which performs
statistical analysis of input data to understand its current or future
relationship and performance. Machine learning makes use of massive amount of
input data to deliver improved analytical output while optimizing workflow for
varied industry verticals. Machine learning as a service (MLaaS) incorporates
range of services that offer machine learning tools through cloud computing
services.
Growth
in IT expenditure in the emerging nations and technological advancements for
workflow optimization fuels the demand for advanced analytical systems, thereby
driving the MLaaS market growth. In addition, rise in penetration of
cloud-based solutions, growth associated with artificial intelligence and
cognitive computing market, and increase in market for prediction solutions
also fuel the demand for machine learning as a service market. However, dearth
of trained professionals is expected to restrain the MLaaS market growth during
the forecast period. Furthermore, increased application areas for MLaaS is
expected to create lucrative opportunities for market expansion.
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, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports
biotech, water, renewable energy and more. Investor Idea’s original branded
content includes the following podcasts and columns : Crypto Corner , 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 , Exploring Mining the AI Eye .
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