The
#AIEye Episode 397: Microsoft (NasdaqGS: $MSFT) Partners with PepsiCo (NasdaqGS:
$PEP) as Preferred Cloud Provider, NICE (NasdaqGS: $NICE) Announces Launch of #AI-Powered
Real-Time Interaction Guidance Solution
Global
AI Software Market to Exhibit CAGR of 41.6% from 2019-2025
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2020/072720-AI-Eye.mp3
Read
this in full at http://www.investorideas.com/news/2020/artificial-intelligence/07271AIEye-MSFT-PEP-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NasdaqGS:PEP) (NasdaqGS:NICE)
Microsoft (NasdaqGS:MSFT)
announced a five-year partnership with
PepsiCo, Inc. (NasdaqGS:PEP), establishing it as the latter’s
preferred cloud provider to accelerate “infrastructure, ERP, and data estate
consolidation and modernization.” Deb Cupp, Microsoft CVP Enterprise Commercial
Business, explained:
"Our
partnership with PepsiCo applies Azure and AI capabilities to the ever-changing
supply chain and retail landscape in new and exciting ways. By migrating
PepsiCo's global data estate and SAP landscapes to Azure, we'll be able to help
PepsiCo drive efficiencies from farmer to consumer. We're also pleased to
deliver Microsoft 365 to PepsiCo's associates worldwide as part of this
partnership. Mobile communication and collaboration for PepsiCo's workforce
will be one of the keys to realizing the value Microsoft brings."
NICE Ltd. (NasdaqGS:NICE)
has announced the launch of Real-time Interaction
Guidance, an innovative solution based on predictive behavioral models for
real-time interaction guidance powered by NICE’s ENLIGHTEN AI platform. Barry
Cooper, President, NICE Enterprise Group, explained:
"By
harnessing the power of NICE’s AI platform, ENLIGHTEN, we are transforming the
way service organizations are delivering on their customer experience promises.
With a first-of-its-kind capability, ENLIGHTEN uses predictive behavioral
models to directly influence customer satisfaction. More and more organizations
are looking for ways to use AI in order to improve their customer relationships
and we are proud to empower them to do it with ENLIGHTEN. Helping organizations
and their employees in the moment enables employees to make the right decisions
and drive the desired outcomes.”
Global
AI Software Market to Exhibit CAGR of 41.6% from 2019-2025
A report published by Research and Markets finds that the global AI
Software market will exhibit a compound annual growth rate (CAGR) of 41.6
percent in the forecast period 2019-2025. An excerpt from the report’s
description reads:
AI
is one of the foundations for the growing digitization of industries or
Industry 4.0 around the world. The application of AI leads to productivity and
economic growth, as these technologies are capable of analyzing large datasets.
AI can also help in the designing of new products to meet the new demands
raised by consumers. AI has many contributions across industries; the chemical
industry, automotive industry, and healthcare industry have provided better
opportunities and a larger market for the application of AI.
Sam Mowers, Investorideas.com
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