The
#AIEye Episode 367: HPE (NYSE: $HPE) Announced #AI-Driven Advancements for
Primera and Nimble Storage, Honeywell (NYSE: $HON) and SAP (NYSE: $SAP) Team Up
to Create Joint Cloud-Based Solution
Global
AI Image Recognition Market to Grow by $6.2 Billion from 2020-2027
Point Roberts WA, Vancouver BC – June 11, 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/06111AIEye-HPE-NimbleStorage.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:HPE) (NYSE:HON) (NYSE:SAP)
Hewlett Packard Enterprise Company (NYSE:HPE)
has announced advancements to its HPE Primera and
HPE Nimble Storage, including “an AI-driven, self-healing and self-optimized
system that delivers real-time autonomous operations.” Omer Asad, VP and GM of
HPE Primera and HPE Nimble Storage, explained:
"Now
more than ever, to maintain business continuity, organizations must protect
their data in order to operate efficiently and without disruption. HPE Primera
and HPE Nimble Storage customers are able to accelerate innovation and adapt to
the changing circumstances of their businesses, while also preserving cash flow
via HPE GreenLake, without compromise to applications. HPE reduces risk,
eliminates complexity and lowers costs associated with data protection, and has
the world’s smartest storage that utilizes AI to self-optimize in real-time,
giving customers the power to run their infrastructure with agility and
reliability."
Honeywell International Inc. (NYSE:HON)
is collaborating with SAP SE (NYSE:SAP) to create a joint cloud-based
solution based on Honeywell Forge and SAP Cloud Platform “that will streamline
and combine operational and business data to support better decision-making and
drive greater efficiencies.” Christian Klein, CEO, SAP, explained:
"Our
partnership will significantly change the game in digital and intelligent real
estate management. Customers will greatly benefit from the single holistic view
provided by our offering dashboard. With the addition of Qualtrics, companies
can also collect employee sentiment data to provide a complete 360-degree
experience measurement while optimizing occupant productivity, building
performance and their entire real estate portfolio. With embedded artificial
intelligence and data analysis, our solution will enable managers to determine
their optimal office use and adjust their portfolios to reflect varying
economic, environmental and regulatory conditions."
Global
AI Image Recognition Market to Grow by $6.2 Billion from 2020-2027
A report published by Research and Markets finds that the global
market for AI Image Recognition will grow by $6.2 billion from 2020-2027 with a
compound annual growth rate (CAGR) of 25.4 percent in that forecast period. The
following excerpt from the report’s description outlines the effects of
COVID-19 and global economic uncertainties associated with China on the
market’s growth:
Amid
the growing push for decoupling and economic distancing, the changing
relationship between China and the rest of the world will influence competition
and opportunities in the AI Image Recognition market. Against this backdrop and
the changing geopolitical, business and consumer sentiments, the world’s second
largest economy will grow at 22.6% over the next couple of years and add
approximately US$734.2 Million in terms of addressable market opportunity.
Continuous monitoring for emerging signs of a possible new world order
post-COVID-19 crisis is a must for aspiring businesses and their astute leaders
seeking to find success in the now changing AI Image Recognition market
landscape.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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