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Tuesday, October 15, 2019

The #AIEye: Premier Health (CSE: $PHGI.C) to Leverage IBM #Watson (NYSE: $IBM), NICE (Nasdaq: $NICE) Performance Management Utilizes #AI-Driven Analytics

The #AIEye: Premier Health (CSE: $PHGI.C) to Leverage IBM #Watson (NYSE: $IBM), NICE (Nasdaq: $NICE) Performance Management Utilizes #AI-Driven Analytics

Global ANN Market to Hit $296 Million USD in 2024

Point Roberts WA, Vancouver BC – October 15, 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: (CSE:PHGI) (NYSE:IBM) (NasdaqGS:NICE) (ASX:BRN)

Canadian health technology firm Premier Health Group (CSE:PHGI) is working with IBM (NYSE:IBM) to leverage the latter’s Watson AI into its patient centric telemedicine app. Dr. Essam Hamza, CEO of Premier Health, commented:

“The future of health is being transformed with technologies like AI, and we are thrilled to be working with the experts at IBM. As a doctor and previous clinic owner, I understand the frustrations patients have connecting with overstretched clinic staff. In addition, inefficient use of resources amount to increasing challenges in primary care. Our new initiative is curated for medical clinic owners and operators to reduce the burdensome overhead associated with day to day logistical operations while also improving patient care. The key for the future sustainability of healthcare is efficient and streamlined workflows and with the use of IBM’s cutting-edge AI technology, we have the power to completely disrupt and revolutionize the delivery of healthcare.”

NICE Ltd (NasdaqGS:NICE) is enhancing employee engagement and improving organizational performance in its NICE Performance Management (NPM) solution using AI-driven analytics. NPM’s AI-driven analytics will streamline supervisory responsibilities. Barry Cooper, President, NICE Enterprise Group, said:

"We are excited to share these first-of-their-kind capabilities which revolutionize the way organizations use and benefit from performance management. By leveraging AI-based analytics, NPM eliminates the leg work supervisors traditionally need to invest in. Moreover, organizations can now not only measure the impact of coaching in terms of ROI but also continuously improve it so that business objectives are consistently met – enabling a win-win-win for employees, supervisors and the organization."

BrainChip Holdings Ltd (ASX:BRN) is introducing its Akida Neuromorphic System-on-Chip to audiences at the Linley Fall Processor Conference October 23 and 24 at the Hyatt Regency Hotel in Santa Clara, CA. BrainChip Chief Development Officer Anil Mankar explained:

“Spiking neural networks have many attractive characteristics, such as rapid learning capabilities, and low compute and memory overhead. I am excited to have the opportunity to share with attendees of the Linley Fall Processor Conference how Akida’s capabilities open up hundreds of new possibilities for applications operating at the edge.”

Global ANN Market to Hit $296 Million USD in 2024

A report from Research and Markets finds that the global Artificial Neural Network (ANN) market is projected to grow from $117 million in 2019 to $296 million in 2024, with a compound annual growth rate (CAGR) of 20.5 percent in that forecast period. An excerpt from the report description reads:

The ANN market is driven by enhanced processing power, learning ability, and speed of neural networks to drive the growth of the market. However, Difficulty in tracking the outcomes of in-process stages can hinder the growth of the ANN market.

The ANN market is segmented based on components, such as solutions, platform/API, and services. The solution segment is expected to grow at a rapid pace during the forecast period. An efficient ANN solutions offer greater flexibility to developers for programming owing to the ability to design and train customized deep neural networks, and it also provides interfaces to common programming language. ANN solutions help organizations to perform such cognitive functions as problem-solving and machine learning.

Sam Mowers,

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