The
AI Eye: Microsoft (NasdaqGS: $MSFT) and Sony Semiconductor Solutions (NYSE:
$SNE) Partner for AI-Powered Smart Camera Solutions and Lyell Immunopharma
Selects AWS (NasdaqGS: $AMZN) for ML and Cloud
Global
Smart Railway Systems Market – Driven by AI, ML – to Grow by $15.03 Billion
from 2020-2024
Point Roberts WA, Vancouver BC – May 19, 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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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NYSE:SNE) (NasdaqGS:AMZN)
Microsoft (NasdaqGS:MSFT) and Sony Semiconductor
Solutions, a subsidiary of Sony (NYSE:SNE), “are partnering to create solutions that make
AI-powered smart cameras and video analytics easier to access and deploy for
their mutual customers.” This will involve embedding Microsoft Azure AI
capabilities on Sony's intelligent vision sensor IMX500, and Sony creating a
smart camera managed app powered by Azure IoT and Cognitive Services. Takeshi
Numoto, corporate vice president and commercial chief marketing officer at Microsoft,
explained:
"Video
analytics and smart cameras can drive better business insights and outcomes
across a wide range of scenarios for businesses. Through this partnership,
we're combining Microsoft's expertise in providing trusted, enterprise-grade AI
and analytics solutions with Sony's established leadership in the imaging
sensors market to help uncover new opportunities for our mutual customers and
partners."
Lyell Immunopharma is going all-in on Amazon Web Services (AWS), a
subsidiary of Amazon (NasdaqGS:AMZN),
as its standard for machine learning workloads and to be its cloud provider.
Lyell Founder and CEO Rick Klausner explained:
"We
chose AWS because its unmatched portfolio of cloud services provides us with
the environment and resources we need to research, design, and develop
immunotherapies, all of which wouldn’t be possible at the speed and scale we
are looking for, without the elasticity of the cloud. Our prominent team of
scientists are now equipped to gain better research insights faster. AWS gives
us the ability to scale quickly while meeting security and compliance
requirements, which is essential to accomplishing our goal of creating a new
generation of cell-based therapies to cure cancer."
Global
Smart Railway Systems Market – Driven by AI, ML – to Grow by $15.03 Billion
from 2020-2024
A report from Technavio finds that the global Smart Railway
Systems market will grow by $15.03 billion from 2020-2024 with a compound
annual growth rate (CAGR) of nearly 14 percent in the forecast period. An
excerpt from the report snapshot outlines the role of AI as a driver in the
market:
Advanced
technologies such as automation, artificial intelligence (AI), and machine
learning have the potential to revolutionize the railway industry. The
implementation of advanced technologies will lead to operational efficiency,
cost benefits, higher customer value, and faster and better services in the
railway sector. Integrated security, predictive maintenance, and asset
management are a few of the new areas of technology deployment. This will
result in standardization, transparency, and scalability in the information.
The operators can use the data to get better insights and enhance
decision-making. Moreover, the use of IoT can increase the safety and
efficiency of rail traffic. Therefore, the benefits of advanced technologies
will significantly influence smart railway systems market growth over the
forecast period.
Sam Mowers, Investorideas.com
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