The
#AIEye: GBT (OTCPINK: $GTCH) Announces Publishing of Mobile Database Sharing
Patent Application, Microsoft Nasdaq: $MSFT) and NTT Form Strategic Alliance
and IBM (NYSE: $IBM) Extends #AI Services Through IDaaS Offering
Global
AI in Supply Chain Market to Reach $21.8 Billion by 2027
Point Roberts WA, Vancouver BC – December 10, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering
Artificial Intelligence (AI) brings you today’s edition of The
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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: (OTCPINK:GTCH) (NasdaqGS:MSFT) (TYO:9432) (NYSE:IBM)
GBT Technologies Inc. (OTCPINK:GTCH) has announced that its mobile database sharing,
non-provisional patent application was published on November 28, 2019 as a US
and international application. According to the press release, the “patent
application seeks to protect one of GBT's most essential Intellectual
Properties (IPs), which is a mobile digital/analog information management
system”. Danny Rittman, GBT's CTO, explained:
"GBT's
devices share information via radio and over the internet which require robust
security and protection. We believe our database management system is a
breakthrough solution enabling top notch security by processing the information
according to advanced, proprietary methods. Our database system is capable of
handling vast amount of information over our network, which is essential for
IoT/Mobile, real-time applications, among them autonomous machines,
military/security applications and medical apparatus. The system supports
media, textual and graphic/imaging information types and enable high
performance, secured processing.”
Microsoft (NasdaqGS:MSFT)
and NTT Corporation (TYO:9432) have formed a strategic alliance that will bring together
the former’s “trusted cloud platform and AI technologies” with the latter’s
“best-in-class ICT infrastructure, managed services and cybersecurity
expertise” to “help enterprise customers accelerate their digital
transformations”. Satya Nadella, CEO, Microsoft, said:
"Our
strategic alliance combines NTT’s global infrastructure and services expertise
with the power of Azure. Together, we will build new solutions spanning AI,
cybersecurity and hybrid cloud, as we work to help enterprise customers
everywhere accelerate their digital transformation."
IBM (NYSE:IBM) Security is extending its AI technology to all clients
through its identity-as-a-service (IDaaS) offering. According to the press
release, “IBM Cloud Identity now features AI-based adaptive access capabilities
that help continually assess employee or consumer user risk levels when
accessing applications and services”. Jason Keenaghan, Director, IBM Security,
commented:
"Companies
are constantly trying to optimize both security and user experience, but the
trick is ensuring security is not disrupting the everyday user journey. IBM
Cloud Identity with adaptive access is using AI to give organizations a
holistic view of context for user access, based on indicators like malware and
risk indicators, device insights, and user behavior, to help them focus
security on high risk logins and give the majority of users seamless access to
their accounts and applications."
Global
AI in Supply Chain Market to Reach $21.8 Billion by 2027
A report from Meticulous Research finds that the global AI
in Supply Chain market will grow to $21.8 billion by 2027 with a compound
annual growth rate (CAGR) of 39.4 percent in the forecast period 2019-2027. An
excerpt from the report description reads:
In
modern digital society, digital co-creation and artificial intelligence in
supply chain are becoming a dynamic business norm. The adoption of artificial
intelligence in supply chain is routing a new era or technological
transformation, allowing the companies to track their operations, augment
business strategies, enhance supply chain management productivity, and engage
with customers in the digital world. The growth of the global AI in supply
chain market is primarily driven by perpetually growing internet users &
smart devices across the globe, increasing awareness about artificial intelligence
& big data & analytics, government initiatives towards digitization,
and adoption of computer vision technology across several vertical industries.
However, the high procurement operating cost and lack of infrastructure pose
the biggest hindrance to the market growth.
Sam
Mowers, Investorideas.com
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