The
#AIEye Episode 407: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) and Onyx-Cognivas to
Deploy Digital Media Solutions in South African Stores, Remark Holding (NasdaqCM:
$MARK) to Install AI Thermal Kits at Las Vegas Private School
Global
MLaaS Market to Exceed $13.5 Billion by 2025
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2020/081020-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/08101AIEye-VSBLTY-Onyx-Cognivas-MARK.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (NasdaqCM:MARK)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF), along with its South African
partner Onyx-Cognivas, has reached an agreement to “deploy multiple
digital media solutions in a chain of fuel/convenience stores operating in
South Africa.” VSBLTY Co-founder & CEO Jay Hutton explained:
"This
agreement spans five years with our VisionCaptor™ and DataCaptor™ software
being installed, starting in October, in more than 300 retail locations, each
having three digital interactive placements as well as computer vision
analytics. Progressive retailers are increasingly recognizing the value of
monetizing their stores in a model where brands can purchase space as media.
Interactive ad messages are now reaching, influencing and measuring consumers
right at the point of sale where we are seeing major increases in conversion
and ROI on these programs."
Remark Holdings, Inc. (NasdaqCM:MARK)
has announced a deal to install its Remark AI
Thermal Kits at The Meadows School, a private pre K-12 school in Las Vegas,
making for the first such installation of Remark AI in a US school. The press
release describes the Remark AI Thermal Kit as “an all-inclusive solution that
allows for fast, touch-free scanning of multiple students,” which can
“instantly and discreetly alerts faculty and staff of any person with a skin
temperature that suggests a higher-than-normal body temperature, allowing
onsite personnel to conduct a secondary temperature check.”
Global
MLaaS Market to Exceed $13.5 Billion by 2025
A report from Meticulous Research finds that the global
Machine Learning as a Service (MLaaS) market will exceed $13.5 billion by 2025
and exhibit a compound annual growth rate (CAGR) of more than 41.5 percent from
2019 to 2025. An excerpt from the report’s description reads:
With
advancements in data science and artificial intelligence technologies, the
performance of machine learning has augmented at a rapid pace. Companies are
now identifying the potential of this technology, and thus, the adoption rate
of the same is expected to increase over the estimated period. Companies are
offering machine learning solutions on a subscription-based model, making it
easier for the consumers to take advantage of this technology. The growth of
this market is driven by factors such as increasing adoption of cloud-based
services, IoT, and automation; growing demand for predictive maintenance
solutions; and the growing need for consumer behaviour analysis. However,
security concerns and a lack of skilled personnel to use these solutions
hinders the growth of [the] market to some extent.
Sam Mowers, Investorideas.com
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