#AIEye
#Podcast 495: Loop Insights (TSXV: $MTRX.V) Selects Draganfly’s (CSE: $DFLY.C) Vital
Intelligence Screening Tech, and OneSoft (TSXV: $OSS.V) Subsidiary OneBridge
Solutions Enters Agreement with Consumers Energy #artificialintelligence
Global
RPA Market to Reach $19.534 Billion by 2027
Point Roberts WA, Vancouver BC – December 14, 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/2020/121420-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/12141Draganfly-OneBridge.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (TSXV:MTRX) (CSE:DFLY) (TSXV:OSS)
Loop Insights Inc. (TSXV:MTRX) has selected Vital Intelligence vital sign
screening technology from Draganfly Inc. (CSE:DFLY) to “integrate into its Venue Bubble
Platform to be used to detect potential symptoms of COVID-19.” This technology
involves Draganfly’s AI screening the body’s vital signs using the camera on
the user’s mobile phone. Draganfly’s CEO, Cameron Chell, said:
“Partnering
with Loop Insights to combine our respective technologies into Loop’s Venue Bubble
solution is a powerful and significant step to help all industries and most
immediately Hollywood and the global film industry safely ramp up production.
Film industry investors, insurance companies, unions, and guilds are all
seeking this type of solution to keep workers safe and protect their
investments.”
OneSoft Solutions Inc. (TSXV:OSS) has announced that Michigan-based public utility
provider Consumers Energy has entered into a multi-year agreement with
OneSoft's wholly-owned subsidiary, OneBridge Solutions Inc. to adopt Cognitive
Integrity Management software-as-a-service
solution for segments of its pipeline assets. Holly Bowers, Consumers'
Executive Director of Gas Asset Management, explained:
"The
adoption of OneBridge's software aligns with our 10-year natural gas delivery
roadmap and digital transformation strategy. Artificial Intelligence and
machine learning capabilities embedded in the solution will assist us to
modernize and ensure we have a safe, reliable, affordable and clean gas system.
Implementation of the software will also help us to execute on our vision of
world class performance advancing the integrity management of our assets and
addressing current and future regulatory operational compliance needs.”
Global
RPA Market to Reach $19.534 Billion by 2027
A report published by Allied Market Research finds that the global
Robotic Process Automation (RPA) market will grow from $1.636 billion in 2019
to $19.534 billion by 2027 with a compound annual growth rate (CAGR) of 36.4
percent in the forecast period 2020-2027. An excerpt from the report outlining
the market’s top factors reads:
The
robotic process automation market growth is driven by factors such as growth in
innovations in RPA to accommodate changing consumer demands and high adoption
of RPA in the BFSI and healthcare sectors. In addition, the COVID-19 pandemic
is enabling rise in demand for automation technology further driving the growth
of the market. RPA is being adopted in organizations to mitigate disruption by
enabling businesses to maintain customer support, stay connected across the
systems and teams, and offer stability in times of uncertainty. Furthermore,
digital businesses are expected to create significant revenue growth
opportunities for the market. However, higher implementation cost of the RPA
system due to the integration of high-quality hardware with efficient software
control system may hinder the market growth to some extent.
Sam Mowers, Investorideas.com
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