#AIEye Episode 438: Intel (NasdaqGS: $INTC) Introduces New #IoT-Enhanced Processors and Accenture (NYSE: $ACN) to Acquire N3
Global
#AI Market to Exhibit CAGR of 37.3% from 2018-2025
Point Roberts WA, Vancouver BC – September 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.
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
AI
Eye Episode 438: Intel Introduces New IoT-Enhanced Processors and Accenture to
Acquire N3
Stocks
discussed: (NasdaqGS:INTC) (NYSE:ACN)
Intel Corporation, (NasdaqGS:INTC) at the Intel Industrial
Summit today, announced the new 11th gen Intel Core internet
of things-enhanced processors – Intel Atom x6000E series, and Intel Pentium and
Celeron N and J series – which “bring new artificial intelligence (AI),
security, functional safety and real-time capabilities to edge customers.” John
Healy, Intel vice president of the Internet of Things Group and general manager
of Platform Management and Customer Engineering, explained:
"By
2023, up to 70% of all enterprises will process data at the edge. 11th
Gen Intel Core processors, Intel Atom x6000E series, and Intel Pentium and
Celeron N and J series processors represent our most significant step forward
yet in enhancements for IoT, bringing features that address our customers’
current needs, while setting the foundation for capabilities with advancements
in AI and 5G."
Accenture (NYSE:ACN) has agreed to acquire tech-driven sales and
demand-generation firm N3. According to the press release, N3 “augments
specialized talent with AI-powered insights to deepen B2B sales interactions,”
and the acquisition of it will add “approximately 2,200 employees to Accenture
globally, along with artificial intelligence (AI) and machine learning (ML)
capabilities.” Manish Sharma, group chief executive of Accenture Operations,
said:
"Increasingly,
B2B buyers expect the same ‘Amazon-like’ interactions they experience as
consumers when purchasing far more complex services— a trend that’s only
accelerated in the current pandemic. N3 provides the perfect combination of
skilled talent and technology to remove barriers and better influence
purchasing decisions at critical stages."
Global
AI Market to Exhibit CAGR of 37.3% from 2018-2025
A report published by Data Bridge Market Research finds that the
global artificial intelligence market, which was valued at $16.14 billion in
2017, will exhibit a compound annual growth rate (CAGR) of 37.3 percent in the
forecast period 2018 to 2025. The report’s description identifies AI’s high
Information and data storage capacity, high computing power and parallel processing
capabilities, and the increasing number of AI applications and adoption in
various segments as drivers in the market. However, it cites a lack of people
power and a data inefficiency in building proper AI algorithms as potential
restraints in the market’s growth.
Sam Mowers, Investorideas.com
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