#AIEye
Episode 423: Indeed Selects AWS (NasdaqGS: $AMZN) as Preferred Cloud and
Leading Lens Manufacturer to Utilize #AI-Powered Celebros from Bridgeline
Digital (NasdaqCM: $BLIN) for eCommerce
Global
AI in Gov’t Valued at $4.904 Billion in 2019 with Investments Projected to
Increase
Point Roberts WA, Vancouver BC – September 1, 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:
https://www.investorideas.com/Audio/Podcasts/2020/090120-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/09011AIEye-AMZN-BLIN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:AMZN) (NasdaqCM:BLIN)
The world’s leading job site Indeed has selected Amazon Web Services (AWS), a
subsidiary of Amazon (NasdaqGS:AMZN), as its preferred cloud. The
multi-year agreement will see Indeed “migrate more than 30 petabytes of data to
AWS, moving its customer-facing products, business-critical workloads, and
legacy databases to AWS.” Greg Pearson, Vice President, Worldwide Commercial
Sales at AWS, said:
"Data
is at the heart of Indeed’s business, and by moving its data platform to AWS,
Indeed can leverage the broadest and deepest array of services, including
analytics and machine learning, to fuel innovation and better match employers
with prospective talent. Growing and streamlining its business on AWS will
enable Indeed to remain lean and nimble as it creates new experiences for its
users so that it can continue to lead the field for job search."
A leading lens manufacturer, unnamed in the press
release, has selected Celebros Search from cloud-based
digital experience firm Bridgeline Digital, Inc. (NasdaqCM:BLIN)
to “enhance the site search capabilities of its ecommerce store and improve its
online experience for customers.” Celebros leverages AI and Natural Language
Processing (NLP) to enhance search capabilities, thereby making results more
accurate. Ari Kahn, Bridgeline Digital CEO, commented:
“We're
excited about this win because they can display products that will spark the
highest interest from potential customers. This will help narrow the time from
the decision-making to actual purchase.”
Global
AI in Gov’t Valued at $4.904 Billion in 2019 with Investments Projected to
Increase
A report published by Research and Markets finds that the global AI
in Government market was valued at $4.904 billion in 2019, and projects an
increase in investments during the forecast period 2020-2025. An excerpt from
the report description reads:
They
are increasingly investing in artificial intelligence (AI), spending budget and
time on pilot programs for various AI applications while discussing with people
in the [field] on the future implications of [the] technology for various
public projects. The growing volume of big data is the major factor that is
increasing the adoption of artificial intelligence (AI) technology across the
government sector as it reduces the cost of storing and processing data.
Sam Mowers, Investorideas.com
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