The
#AIEye: Nuance (NasdaqGS: $NUAN) DAX Made Generally Available and Intrinsyc’s
HDK Featuring Qualcomm (NasdaqGS: $QCOM) Snapdragon Made Available
Global
#MachineLearning Market to Increase by $20.8 Billion from 2019-2025
Point Roberts WA, Vancouver BC – February 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.
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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/02241AIEye-NUAN-QCOM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:NUAN) (NasdaqGS:MSFT) (NasdaqCM:LTRX) (NasdaqGS:QCOM)
Nuance Communications, Inc. (NasdaqGS:NUAN) has announced the general availability of its
ambient clinical intelligence (ACI) solution, the Nuance Dragon Ambient
eXperience (DAX). The DAX with electronic health record (EHR) systems
“revolutionizes the physician-patient experience by securely capturing and
contextualizing physician-patient conversations.” The DAX is the fruit of a
multi-year joint development endeavor with Microsoft (NasdaqGS:MSFT), leveraging the latter’s AI and
cloud capabilities. Nuance CTO Joe Petro explained:
“It
is essential to develop technology that empowers clinicians so that they can
get back to doing what they trained for and love. It is equally important that
we return to patients their doctors’ undivided attention. Our development of
Nuance DAX began with a deep understanding of how doctors need and want to
work. We’ve delivered an unobtrusive solution that is as present and available
as the light in the exam room – and already producing meaningful results for
clinicians and their patients.”
Intrinsyc, a subsidiary of Lantronix, Inc. (NasdaqCM:LTRX), has announced the availability of its mobile
hardware development kit (HDK), which features the Qualcomm (NasdaqGS:QCOM) Snapdragon 865 Mobile Platform.
According to the press release, “The HDK is an open-frame solution that
empowers technology companies to integrate and innovate for devices based on
the latest Snapdragon mobile platform, as well as provide original equipment
manufacturers (“OEMs”), developers, and engineers with next generation software
technology and tools to accelerate development and testing of devices. Software
tools and accessories are available to begin development work immediately.”
Jonathan Shipman, Vice President of Strategy, Intrinsyc, said:
“The
Snapdragon 865 is the first mobile platform to deliver professional camera
quality at Gigapixel speeds, unprecedented AI performance with its 5th
generation AI Engine, and desktop-level gaming features with Qualcomm®
Snapdragon Elite Gaming™ – all at unmatched speeds and battery savings. We are
very excited to enable early access to Snapdragon 865 development kits via the
Mobile HDK. It is an ideal platform for our ecosystem customers or OEMs to get
a “jumpstart” with access to the next-generation premium-tier Snapdragon mobile
platform.”
Global
Machine Learning Market to Increase by $20.8 Billion from 2019-2025
A report from Research and Markets finds that the global
Machine Learning market is expected to grow by $20.8 billion with a compound
annual growth rate (CAGR) of 41.7 percent in the forecast period 2019-2025. The
BFSI (banking, financial services and insurance) portion of the market, in
particular, is identified as showing “potential to grow at over 43%,” reaching
“$9.7 Billion by the year 2025.” An excerpt from the report description breaks
down the regional outlook for the market:
Representing
the developed world, the United States will maintain a 47% growth momentum.
Within Europe, which continues to remain an important element in the world
economy, Germany will add over US$561.9 Million to the region's size and clout
in the next 5 to 6 years. Over US$955.4 Million worth of projected demand in
the region will come from Rest of Europe markets. In Japan, BFSI will reach a
market size of US$704.3 Million by the close of the analysis period. As the
world’s second largest economy and the new game changer in global markets,
China exhibits the potential to grow at 39.7% over the next couple of years and
add approximately US$3.4 Billion in terms of addressable opportunity for the
picking by aspiring businesses and their astute leaders.
Sam Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
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