The
#AIEye: Microsoft (Nasdaq: $MSFT) Expands Partnership with Genesys, IBM (NYSE:
$IBM) Launches Policy Lab with #AI Policy Imperatives, Nuance (Nasdaq: $NUAN)
Makes Dragon One Available in France, Belgium and the Netherlands
Global
AI Market to Hit $160 Billion USD by 2026
Point Roberts WA, Vancouver BC – January 24, 2020 – 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/2020/artificial-intelligence/01241AIEye-MSFT-IBM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NYSE:IBM) (NasdaqGS:NUAN)
Microsoft (NasdaqGS:MSFT)
has expanded its partnership with customer
experience firm Genesys to provide expanded cloud services for contact centers.
Kate Johnson, president, Microsoft U.S., commented:
"Large
contact centers receive an exceptionally high volume of inquiries across a
growing list of channels and platforms. One of the biggest challenges is
connecting the details of every interaction across all channels to ensure each
customer has a seamless experience. By leveraging Microsoft's Azure cloud and
AI technologies, Genesys is helping enterprises create a seamless customer
journey with Microsoft's trusted, secure and scalable platform."
IBM (NYSE:IBM)
has launched a global forum for advancing tech
policy recommendations called IBM Policy Lab at the World Economic Forum (WEF)
in Davos. IBM Policy Lab released “landmark priorities for the Precision Regulation of
Artificial Intelligence”, which “lays out a regulatory
framework for organizations involved in developing or using AI based on
accountability, transparency, and fairness and security.” The policy paper
outlines five imperatives including:
1. Designate a lead AI ethics official
2. Different rules for different risks.
3. Don't hide your AI. (Emphasis on
transparency)
4. Explain your AI.
5. Test your AI for bias.
Nuance Communications, Inc. (NasdaqGS:NUAN)
has made its AI-powered Dragon Medical One cloud-based platform is available in France, Belgium, and the
Netherlands. Robert Dahdah, Executive Vice President and Chief Revenue Officer,
Nuance, commented:
“With
the addition of French and Dutch support we are building on the success of our
Dragon Medical One cloud platform in English-speaking countries and continuing
to meet the demand for AI-powered documentation solutions worldwide. No matter
their location, physicians face the same pressures of administrative workloads,
and have the same needs for tools that help them focus on providing the best
possible care to their patients.”
Michael Clark, Senior Vice President, General Manager,
Provider Solutions, Nuance, explained:
“Our
Dragon Medical One platform is an essential component of how we are addressing
care quality, patient satisfaction, workload and burnout pressures on providers
worldwide. Our systems are aimed directly at solving those problems by giving
physicians the tools they need at the point of care to be more productive and
get back to the job they trained for and love – taking care of patients and
their families.”
Global
AI Market to Hit $160 Billion USD by 2026
A report from Acumen Research and Consulting
finds
that the global artificial intelligence market is expected to reach $160
billion USD by 2026 with a compound annual growth rate (CAGR) of 49 percent in the
forecast period 2019-2026. The following excerpts from the report description
outline market insights garnered by the research:
The
growth of the artificial intelligence industry is driven by growing adoption of
cloud-based applications and services, the rise in the connected device market,
significant investments in 5G technologies, and increased demand for smart
virtual assistants. Currently the number of experts in AI technologies is
small. Therefore, increasing the role of machine learning software (M2 M, M2P)
in manufacturing industries is expected to drive the market in the forecast
period.
There
are, however, various factors that still need to be tackled which could have a
significant long-term effect on the Artificial Intelligence market. Data security
& privacy is a key issue about the Artificial Intelligence implementation.
In the healthcare sector, for example, private patient & family data
constitute a valuable asset, and a malevolent AI or a malicious malware
infecting the AI will exploit it.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
or become an Investor Ideas member
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