The
AI Eye #372: AWS (NasdaqGS: $AMZN) Makes Snowcone Generally Available and Intel
(NasdaqGS: $INTC) Expands Partnership with Penguin Computing (NasdaqGS: $SGH)
Global
AI in Cybersecurity Market to Reach $46.3 Billion by 2027
Point Roberts WA, Vancouver BC – June 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
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discussed: (NasdaqGS:AMZN) (NasdaqGS:INTC) (NasdaqGS:SGH)
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced the general availability of its AWS
Snowcone, which is described as “a small, ultra-portable, rugged, and secure
edge computing device for collecting, processing, and moving data to AWS from
disconnected environments.” The smallest member of the “AWS Snow Family” of
devices, Snowcone enables “customers to collect data, process it locally, and
move it to AWS either offline … or online.” Bill Vass, VP of Storage,
Automation and Management Services, AWS, said:
"With
more applications running at the edge for an expanding range of use cases, like
analyzing IoT sensor data and machine learning inference, AWS Snowcone makes it
easier to collect, store, pre-process, and transfer data from harsh
environments with limited space to AWS for more intensive processing."
Intel Corporation (NasdaqGS:INTC) has expanded its partnership with Penguin
Computing, Inc., a division of AI and HPC leader SMART Global Holdings, Inc. (NasdaqGS:SGH). This will see Penguin
participating in the Intel Select Solutions program and delivering “a series of
verified quick-to-deploy infrastructure solutions optimized for HPC and AI/ML
applications.” Kevin Tubbs, Senior Vice President, Strategic Solutions Group at
Penguin Computing, explained:
“Customers
with traditional HPC and advanced analytics environments are rapidly adopting
more AI capabilities. Our customers are increasingly looking for
workload-optimized infrastructure and compute capabilities that enable them to
drive transformational insights from edge to core. We’re excited to deliver
verified Intel Select Solutions to our customers. Our goal through this
expanded relationship is to innovate and deliver the technology and expertise
that truly enables our customers to solve their most complex business
challenges.”
Global
AI in Cybersecurity Market to Reach $46.3 Billion by 2027
A report from Meticulous Research finds that the global AI
in Cybersecurity market will reach $46.3 billion by 2027 with a compound annual
growth rate (CAGR) of 23.6 percent in the forecast period 2020-2027. An excerpt
from the report’s description outlines drivers in the market:
In
a modern connected world, industry verticals have been accelerating the pace of
their digital transformation with the emergence of digital technologies such as
the Internet of things (IoT). The proliferation of connected devices in
industry verticals such as healthcare organizations and BFSI [have] created a
security blind spot where cybercriminals or hackers can attack devices such as
webcams, smart TV, routers, printers, and even smart home appliances. According
to a report by Symantec data, in 2018, it is estimated that infected routers
accounted for over 70% of IoT attacks, and connected cameras accounted for around
14% of them. Further, it is estimated that IoT devices experience an average of
5,200 attacks per month. With the rapid adoption and total volume of connected
devices available, the cybersecurity threat landscape is growing exponentially,
thereby contributing to the growth of the artificial intelligence in
cybersecurity market in the coming years.
Sam Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
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