The
#AIEye: IBM Watson (NYSE: $IBM) Assistant Deployed by Indian Council of Medical
Research and Arlo (NYSE: $ARLO) Rolls Out Pro 3 Floodlight Camera
Global
Edge #AI Software Market, Amid #COVID19 #Pandemic, to Reach $665 Million by
2021
Point Roberts WA, Vancouver BC – May 4, 2020 – Investorideas.com (www.investorideas.com), a global investor news source covering
Artificial Intelligence (AI) brings you today’s edition of The
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AI Eye- Watching stock news, deal tracker and advancements
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Stocks
discussed: (NYSE:IBM) (NYSE:ARLO)
Watson Assistant, the AI-based solution from IBM (NYSE:IBM), is being deployed by the Indian Council of Medical
Research (ICMR) to streamline queries associated with COVID-19. By implementing
a Watson virtual agent, the ICMR aims to address questions “related to nature
and process of data to be captured by test labs, how to record inventory of
test kits and reagents, process of reporting to various Government agencies and
references to the latest guidance, in addition to general questions related to
the pandemic,” according to a report from the Economic Times. Balram Bhargava,
Director General, ICMR, said:
“It
is critical to remain focused on testing, diagnosis and treatment in order to
lower the growth curve. With the number of on-field testing teams expanding
across the nation as part of India’s Covid-19 measures, this collaboration with
IBM will help automate responses from the field and facilitate access to
accurate and updated data on Covid-19 diagnostics and reporting.”
Arlo Technologies, Inc. (NYSE:ARLO) has announced the rollout of the Arlo Pro 3
Floodlight Camera, which boasts “powerful LEDs, an integrated 2K HDR camera,
160-degree field of view, two-way audio, custom lighting configurations and a
built-in siren.” The camera also works in tandem with a suite of smart features
supported by Arlo's AI-based Arlo Smart service, which users will receive a
free three-month trial of upon purchase. Tom Babula , SVP worldwide sales at
Arlo, said:
"As
the first wire-free 2K variant on the market, the Arlo Pro 3 Floodlight Camera
offers an even more comprehensive home security solution for consumers with
increased illumination. Boasting a seamlessly integrated camera and floodlight
design, the Pro 3 Floodlight Camera is an ideal all-in-one solution to keep a
watchful eye on homes and small businesses alike."
Global
Edge AI Software Market, Amid COVID-19 Pandemic, to Reach $665 Million by 2021
A report from Markets and Markets finds that the global
Edge AI Software market is expected to grow from $470 million in 2019 to $665
million by 2021 with a compound annual growth rate (CAGR) of 19 percent. An
excerpt from the report description outlines the market’s video surveillance
segment, and the effect of the COVID-19 pandemic on its growth:
The
use of video surveillance has been extended from operations rooms to mobile
devices; COVID-19 has [expedited] the use of video surveillance use cases.
Telehealth in the healthcare sector has become a new norm, as health
organizations around the world, such as [the] WHO [and the] CDC have presented
guidelines for its use. Many healthcare organizations are utilizing telehealth
to keep their workers safe and treat patients. Private doctors and healthcare
institutions are providing online consulting amidst country lockdowns.
Governments
across the globe are making use of advanced video surveillance techniques such
as drones, CCTV cameras to manage social distancing, monitor quarantined
people, and track the spread of the virus. China, Russia, and South Korea are
making use of video analytics to monitor its citizens closely and potentially
protect them from the virus. Once the lockdown eases, many more industries are
expected to see higher adoption of video analytics tools, making the video
surveillance market to grow at a higher rate than earlier expected.
Sam Mowers, Investorideas.com
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