The
#AIEye Episode 396: AWS (NasdaqGS: $AMZN) Makes Contact Lens Generally
Available, Royal Bank (NYSE: $RY) and Borealis AI Team with Red Hat (NYSE: $IBM) and
NVIDIA (NasdaqGS: $NVDA) for #AI Computing Platform
Global
AI in Healthcare Diagnosis Market Will Reach $66.81 Billion by 2027
Point Roberts WA, Vancouver BC – July 24, 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/07241AIEye-AMAZN-RY-NVDA.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:AMZN) (NYSE:RY) (NYSE:IBM) (NasdaqGS:NVDA)
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN),
has announced the general availability of Contact
Lens. Contact Lens is a machine learning-powered set of capabilities for Amazon
Connect “that gives contact centers the ability to understand the sentiment,
trends, and compliance of customer conversations to improve their experience
and identify crucial feedback.” Larry Augustin, Vice President Productivity
Applications, AWS, explained:
"Amazon
Connect has grown very quickly in its first few years as customers find it very
attractive to use the same contact center technology (along with the high
scale, strong performance, low cost, and embedded AI) that Amazon has used to
scale Amazon.com in its first 25 years. Contact Lens leverages various AWS
capabilities—such as storage, transcription, natural language processing, and
search—but stitches them together for customers into an easy-to-use contact
analysis tool, all usable from the Amazon Connect user interface and with no
machine learning or heavy programming required."
Royal Bank of Canada (NYSE:RY),
along with its AI research institute Borealis AI have partnered with Red Hat, a
subsidiary of IBM (NYSE:IBM), and NVIDIA (NasdaqGS:NVDA) to “develop a new AI computing
platform designed to transform the customer banking experience and help keep
pace with rapid technology changes and evolving customer expectations.” Mike
Tardif, Senior Vice President, Tech Infrastructure, Royal Bank of Canada,
explained:
"In
today's ever changing marketplace, we must always be at the forefront of
innovation for our clients. We are proud to have delivered a unique AI Private
Cloud capability in-house, leveraging our strong collaboration with Red Hat and
NVIDIA. This cloud offers GPU acceleration and containerized platform benefits,
and we are well positioned to provide the best experience possible for our
customers going forward."
Global
AI in Healthcare Diagnosis Market Will Reach $66.81 Billion by 2027
Research from ReportLinker finds that the global AI in Healthcare Diagnosis market will grow
from $3.639 billion in 2019 to $66.811 billion by 2027 with a compound annual
growth rate (CAGR) of 44 percent in the forecast period 2020-2027. According to
the report summary:
The
growth of the market is mainly attributed to factors such rising adoption of AI
in disease identification and diagnosis, and increasing investments in AI
healthcare startups. However, the lack of skilled workforce and ambiguity in
regulatory guidelines for medical software are the factor hindering the growth
of the market.
Sam Mowers, Investorideas.com
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a list of artificial intelligence stocks on Investorideas.com visit
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