The
#AIEye: Accenture (NYSE: $ACN) Announces Third Innovation Hub in India,
Honeywell (NYSE: $HON) Launches #AI-Solution for Building Energy Consumption
and Minerva (TSXV: $MVAI.V) to Showcase AI-Powered Mining Solution TERRA
Global
AI in Education to Reach $25.7 Billion by 2030
Point Roberts WA, Vancouver BC – February 26, 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.
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Read
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:ACN) (NYSE:HON) (TSXV:MVAI)
Accenture (NYSE:ACN) has announced the opening of its third Innovation
Hub in Pune, India enabling clients to “co-innovate with Accenture experts” in
tech such as extended reality, artificial intelligence, the internet of things,
blockchain and quantum computing. Bhaskar Ghosh, group chief executive,
Accenture Technology Services, explained:
"Rapid
technology innovations are increasing the competitive pressure on businesses
across the globe. At Accenture, we are focused on helping our clients predict
and prepare for these changes by applying advanced technologies to shape their
future. Our new Innovation Hub in Pune will bring together the best of
Accenture’s technology and innovation capabilities from around the world,
enable our clients to scale their technology investments and boost their
business outcomes across the enterprise, and create new opportunities for local
talent."
Honeywell International Inc. (NYSE:HON) is launching Honeywell Forge Energy Optimization,
described as “a cloud-based, closed-loop, machine learning solution that
continuously studies a building's energy consumption patterns and automatically
adjusts to optimal energy saving settings without compromising occupant comfort
levels.” Mansoor Al Awar, Chancellor of Hamdan Bin Mohammed Smart University,
commented:
"As
a smart university, we look to deploy the latest technology across our campus
and ensure our buildings are efficient. We were pleasantly surprised by the
results we saw from Honeywell Forge and its ability to drive further energy
savings beyond our achievable optimization with the techniques we have. Our
further partnership with Honeywell will help to support the advancement of
artificial intelligence (AI) modeling for building automation and provide our
students with first-hand applications of how AI and machine learning (ML) will
drive operational efficiencies in buildings. Our goal is to collaborate with
leading organizations like Honeywell that support our vision of educating the
innovators of tomorrow."
Minerva Intelligence Inc. (TSXV:MVAI) will be exhibiting its AI software at the PDAC 2020
Convention, from March 1-4 in Toronto, Canada. In particular, the company will
showcase its AI-powered mining software ecosystem TERRA. An excerpt from the
press release breaks down TERRA:
Minerva's
core competency is combining machine intelligence with human intelligence to
produce explainable, rapid conclusions that enable cost-effective
decision-making. With the new TERRA software suite, Minerva has utilized this
knowledge to put together a range of four unique products to improve the
operation of exploration and mining companies:
●
SOLACE
– Prepares data for cognitive AI and machine learning applications
●
TARGET
– Cognitive AI application for evaluation of surface exploration data
●
DRIVER
– Cognitive AI application for evaluation of mine and exploration drilling data
●
LEO
– Document management system optimized for interoperability with AI systems
At press time, Minerva Intelligence stock is up around
9 percent.
Global
AI in Education to Reach $25.7 Billion by 2030
A report from Prescient & Scientific Intelligence finds that the
global AI in Education market will grow from $1.1 billion in 2019 to $25.7
billion by 2030 with a compound annual growth rate (CAGR) of 32.9 percent in
the forecast period. An excerpt from the report description highlights the
expected impact of conversational learning in the market:
A
key trend observed in the AI in education market is the growing focus on
conversational learning. With the increase in focus on digitization and
e-learning, conversational learning has become a crucial aspect of education across
the world. Conversational learning is a concept in which content is presented
as a two-way conversation. Teaching through conversational learning solutions
makes the process more interesting, interactive, and customized for students.
Chatbots, in this regard, play a pivotal role in the process of learning, as
they can be programmed according to the learner’s requirements.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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