The
#AIEye: IBM (NYSE: $IBM) Announces ‘AI Captain’ Sea Trials for Mayflower #Autonomous
Ship and Mobi724 (TSXV: $MOS.V) Announces New Hires for Company Expansion into
Mexico, Central America
Global
Autonomous Ships Market to Reach $134.9 Billion by 2030
Point Roberts WA, Vancouver BC – March 5, 2020 – Investorideas.com (www.investorideas.com), a global investor news source covering
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (TSXV:MOS)
IBM (NYSE:IBM), along with marine research
organization Promare, has announced that trials for the Mayflower
Autonomous Ship’s (MAS) ‘AI Captain’ navigation platform will take place this
month. The AI Captain leverages “cameras, AI and edge computing systems to
safely navigate around ships, buoys and other ocean hazards,” and will be
utilized in the MAS to trace the route of the original 1620 Mayflower,
commemorating the 400th anniversary of the historic voyage. Don
Scott, CTO of the Mayflower Autonomous Ship, commented:
"While
the autonomous shipping market is set to grow from $90BN today to over $130BN
by 2030*, many of today's autonomous ships are really just automated - robots
which do not dynamically adapt to new situations and rely heavily on operator
override. Using an integrated set of IBM's AI, cloud, and edge technologies, we
are aiming to give the Mayflower the ability to operate independently in some
of the most challenging circumstances on the planet."
Mobi724 Global Solutions Inc. (TSXV:MOS), a fintech company that offers a
suite of integrated technology-agnostic, BI & AI powered card-linked offers
& reward solutions, has hired and completed the on-boarding of two
full-time sales executives to oversee company expansion in Mexico and Central
America. Ramon Martinez, who most recently worked as General Manager Mexico for
Ingenico Payment Solutions and General Manager Latin America (Software
Analytics) for General Electric, has been named Regional Manager – Mexico &
Central America (Banks). And Rodrigo Zuñiga Zorrilla, who most recently worked
as Senior Sales Manager (LATAM) for InAuth Inc., has been named Regional
Manager – Mexico & Central America (Merchants). Marcel Vienneau, CEO of
Mobi724, commented:
“I
am delighted to welcome both Ramon and Rodrigo as part of the Mobi724 team. I
am very happy to see that Mobi724’s unique offering attracts some of the best
talent available in Mexico and the region, thereby supporting our objective to
accelerate monetization of the sales pipeline and the Company’s Smart
Transactions BI & AI powered processing platform.”
Global
Autonomous Ships Market to Reach $134.9 Billion by 2030
*A report from Allied Market Research, which was referred to in
the above Mayflower Autonomous Ship story, finds that the global Autonomous
Ships market will indeed grow from $88.01 billion in 2020 to $134.90 billion by
2030 with a compound annual growth rate (CAGR) of 4.4 percent in the forecast
period. An excerpt from the report overview outlines the market:
Autonomous
ships also known as crewless ships are equipped with the software &
hardware without human interference. The components such as sensors, automated
navigation, propulsion & auxiliary systems, GPS tracker, and others present
in the ships help to make decision in accordance with the environment.
Moreover, the partially automated ships are controlled & monitored through
the off-board control centers with the interference of human. In addition,
autonomous ships have their complete operations controlled by the advanced
operating systems which enables it to take decisions and actions by itself.
The
component[s] such as sensor[s], integrated radar systems, and live tracking
navigation assembly used in autonomous ships are supported by services such as
IoT, Artificial intelligence (AI), and others, which help to follow mission
plans, adjust mission execution, and sense the environment with the necessary
decision logic. Presently, there is a demand for smart and autonomous ships
which can reduce human involvement in the operation. One of the major factors
that drive the autonomous ships market share is increase in seaborne trades
across the globe.
Sam Mowers, Investorideas.com
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