The
#AIEye: Oracle (NYSE: $ORCL) Makes Cloud Data Science Platform Available and
BrainChip (ASX:BRN)Allows Access to Akida Development Environment Without
Pre-Approval
Study
from Enterprise Strategy Group and Oracle Looks at Impact of #AI Adoption
Point Roberts WA, Vancouver BC – February 12, 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/02121AIEye-ORCL-BRN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:ORCL) (ASX:BRN)
Oracle Corporation (NYSE:ORCL) has announced the availability of the Oracle Cloud
Data Science Platform, the core of which is Oracle Cloud Infrastructure Data
Science. The platform improves the efficiency of data science teams, and helps
“enterprises to collaboratively build, train, manage and deploy machine
learning models to increase the success of data science projects.” Greg Pavlik,
senior vice president product development, Oracle Data and AI Services,
explained:
"Effective
machine learning models are the foundation of successful data science projects,
but the volume and variety of data facing enterprises can stall these
initiatives before they ever get off the ground. With Oracle Cloud
Infrastructure Data Science, we're improving the productivity of individual
data scientists by automating their entire workflow and adding strong team
support for collaboration to help ensure that data science projects deliver real
value to businesses."
BrainChip Holdings Limited (ASX:BRN)
has announced access to its Akida Development
Environment (ADE) without pre-approval, enabling the development of systems for
edge and enterprise products on the company's Akida Neural Processing
technology. Louis DiNardo, CEO of BrainChip, commented:
"The
enormous success of our early-adopters program allowed us to make ADE available
to developers looking to use an Akida-based environment for their deep machine
learning needs. This is an important milestone for BrainChip as we continue to
deliver our technology to a marketplace in search of a solution to overcome the
power- and training-intense needs that deep learning networks currently
require. With the ADE, designers can access the tools and resources needed to
develop and deploy Edge application neural networks on the Akida neural
processing technology."
For more on BrainChip, feel free to revisit the
Investorideas.com interview with CEO Louis DiNardo from
September 2019.
Study
from Enterprise Strategy Group and Oracle Looks at Impact of AI Adoption
A new study from Enterprise Strategy Group and
Oracle titled: Emerging Technologies: The
Competitive Edge for Finance and Operations, examines the impact of
adopting AI technologies on giving organizations a competitive advantage. The
study is based on a global survey of 700 finance and operations managers and
executives conducted by Enterprise Strategy Group between September 19 to
October 16, 2019, and includes “only respondents working at organizations with
1,000 or more employees or with annual revenues of $100M of more.” Among the
highlights outlined in the press release are that AI adoption has reduced
errors in finance organizations by an average of 37 percent, has led to a
better understanding of overall business performance, and that “digital
assistants increase productivity by 36 percent and accelerate financial
analysis by 38 percent.”
Juergen Lindner, senior vice president, SaaS product
marketing, Oracle, explained:
"AI,
IoT, blockchain and digital assistant capabilities enable organizations to
innovate faster, creating significant competitive advantage and driving
increased profit for companies embracing those technologies more decisively
than their competitors. The research finds that these technologies have become
mainstream and organizations that sit on the sidelines risk their business
relevance. To help our customers outpace change and consequently the
competition, we continuously infuse emerging technologies directly into the
business processes to ensure they can harness these business-changing
technologies."
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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