The
#AIEye Episode 395: Microsoft (NasdaqGS: $MSFT) Forms Strategic Alliance with
MSCI (NYSE: $MSCI) and ImagineAR (CSE: $IP.C) Signs MOU with Loop Insights (TSXV:
$MTRX.V)
Global
#AI in Retail to Reach $19.9 Billion by 2027
Point Roberts WA, Vancouver BC – July 23, 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/07231AIEye-MSFT-MSCI-ImagineAR.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NYSE:MSCI) (CSE:IP) (TSXV:MTRX)
Microsoft (NasdaqGS:MSFT)
and MSCI Inc. (NYSE:MSCI) have formed a strategic alliance to “accelerate
innovation among the global investment industry.” According to the press
release, this will see the collaboration of “Microsoft’s cloud and AI
technologies with MSCI’s global reach through its portfolio of investment
decision support tools,” “to deliver new capabilities which will help investors
more swiftly and efficiently manage data and understand the drivers of risk and
performance.” Scott Guthrie, Executive Vice President, Cloud +AI, Microsoft,
explained:
"Investors
rely on cutting-edge technologies to deliver intelligent insights, manage risk
and detect anomalies so they can help customers achieve their investment goals.
By harnessing the power of Azure and its AI capabilities, together with MSCI’s
expertise and position within the investment ecosystem, we will be able to
accelerate new innovations that help investors better optimize their clients’
performance capabilities."
Augmented Reality firm ImagineAR Inc. (CSE:IP)
has announced the signing of an MOU with
contactless solutions and AI provider Loop Insights Inc. (TSXV:MTRX) to drive marketing and real-time
consumer insights. Loop Insights CEO Rob Anson said:
"Loop
Insights utilization of Artificial Intelligence and IoT technology was already
turning heads in retail with our ability to deliver dynamic, personalized
promotions in real time. With
ImagineAR's immersive AR applications, we can create a whole new world of
engagement that does not exist today.
Together, our innovative solution unlocks engagement strategies that
consumers simply have not previously experienced. This is the convergence of
AI, IoT and AR that technology companies have been promising the retail
industry for years."
Global
AI in Retail to Reach $19.9 Billion by 2027
A report from Grand View Research finds that the global AI
in Asset Management market will grow from $990.4 million in 2019 to $13.43
billion in 2027 with a compound annual growth rate (CAGR) of 37.1 percent in
the forecast period 2020-2027. An excerpt from the report overview reads:
Exponentially
increasing data volumes, strict regulations, and low-interest rates are
encouraging asset managers to reconsider their traditional business strategies.
Moreover, recent technological advancements have paved the way for artificial
intelligence in asset management. Connection of knowledge, domain-enriched ML
(machine learning), and NLP (natural language processing) techniques are being
adopted by several FinTech companies to offer improved financial and investment
services.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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