#AIEye
Episode 473: IBM (NYSE: $IBM) Announces Agreement with AMD (NasdaqGS: $AMD) for
#AI, Hitachi Vantara, AWS (NasdaqGS: $AMZN) Expand Agreement for Lumada
Industrial Solutions #artificialintelligence
Global
Speech Analytics Market to Reach $3.8 Billion by 2025
Point Roberts WA, Vancouver BC – November 11, 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/2020/111120-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/11111AIEye-IBM-AMD-Hitachi.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (NasdaqGS:AMD) (OTC:HTHIY) (NasdaqGS:AMZN)
IBM (NYSE:IBM)
has announced a multi-year joint development
agreement with Advanced Micro Devices, Inc. (AMD) (NasdaqGS:AMD)
to enhance and extend both companies’ security and Artificial Intelligence (AI)
offerings. This will involve the advancement of Confidential Computing –
described as “a technology, enabled by hardware, that allows the data
associated with a running virtual machine (VM) to be encrypted, including while
workloads are running” – “in hybrid cloud environments and support a broad
range of accelerators across high-performance computing (HPC), and enterprise
critical capabilities such as virtualization and encryption.” Mark Papermaster,
executive vice president and CTO, AMD, commented:
"This
agreement between AMD and IBM aligns well with our long-standing commitment to
collaborating with leaders in the industry. AMD is excited to extend our work
with IBM on AI, accelerating data center workloads, and improving security
across the cloud."
Hitachi Vantara, the digital infrastructure and
solutions subsidiary of Hitachi, Ltd. (OTC:HTHIY)
has announced an expanded Strategic Collaboration
Agreement (SCA) with Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN).
This agreement will involve the expansion of Lumada digital solutions available
to customers on AWS, and optimize business outcomes with IoT and AI. Doug Yeum,
head of Worldwide Channel and Alliances, AWS, said:
“AWS
is excited to be expanding and deepening our collaboration with Hitachi
Vantara. This collaboration brings an end-to-end customer experience –
consulting, system integration and AWS-based solutions – to industrial
customers. Our shared customers can now reduce energy costs, detect and fix
equipment issues faster, spot inefficiencies in manufacturing lines more
accurately, and improve product quality and production output. I look forward
to continue working with Hitachi Vantara to solve complex business problems for
our shared customers in the industrial space leveraging innovative IoT, machine
learning and data management solutions."
Global
Speech Analytics Market to Reach $3.8 Billion by 2025
A report published by Research and Markets finds that the global
Speech Analytics Market will grow from $1.5 billion in 2020 to $3.8 billion by
2025 with a compound annual growth rate (CAGR) of 20.2 percent in that forecast
period. An excerpt from the report description reads:
Most
of the enterprises leverage the speech analytics solutions to understand the
conversational data generated and leverage the same to achieve operational
efficiencies. Speech analytics solution providers offer end-to-end solutions to
cater to the industry-specific requirements of verticals such as BFSI, retail
and eCommerce, IT and telecom, manufacturing, travel and hospitality,
healthcare and life sciences, government, media and entertainment, and others
(education, transportation and logistics, and energy and utilities).
Sam Mowers, Investorideas.com
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