#AIEye
#Podcast Episode 494: Wipro (NYSE: $WIT) Partnering with LogiNext for Logistics
Platform and Predictive AI (TSXV: $PAI.V) Receives Orders for 28 Units of its
ThermalPass System
Global
AI in Military Market to Reach $16.3 Billion by 2026
Point Roberts WA, Vancouver BC – December 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/2020/121120-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/12111WIT-PAI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:WIT) (TSXV:PAI)
Wipro Limited (NYSE:WIT)
is partnering with global tech and automation
company LogiNext “to optimize and automate the world of logistics,” and
“deliver an end-to-end solution for supply chain customers.” LogiNext CEO
Dhruvil Sanghvi said:
"We're
glad to partner with Wipro and leverage each other's capability around new-age
technologies, such as Artificial Intelligence, Machine Learning, and Robotic
Process Automation. This will help reduce the dependency on mundane
decision-making and provide an alternative to office-based work. The new trend
of dark stores and warehouses has also given impetus to automating logistics
and transportation. Clients and end users would benefit from a modern platform
with consumer-grade user experience, making technology adoption a breeze."
Predictiv AI Inc. (TSXV:PAI)
has received orders for twenty-eight units of its
sensor-based temperature screening system, ThermalPass. ThermalPass is a Joint Venture
between Predictiv AI’s AI Labs and Commersive Solutions
that “detects body temperature using its touchless, infrared, thermal medical
grade sensors.” Michael Lende, President and CEO of Predictiv AI, said:
"We
are very excited with the initial bookings as they represent verticals that are
innately scalable. We are also cognizant and encouraged that these orders are
formative in nature and have the potential to be significantly upsized. In
tandem with our reseller agents, the ThermalPass sales focus has been targeting
the most scalable sectors, and we are now getting traction in some of the
largest market segments, including hospitals, schools, and long-term care
facilities among others. We continue to actively market ThermalPass with
multiple demos daily across Canada, the US and internationally."
Global
AI in Military Market to Reach $16.3 Billion by 2026
A report published by Zion Market Research finds that the global AI
in Military market will grow from $4.8 billion in 2018 to $16.3 billion by 2026
with a compound annual growth rate (CAGR) of 14.5 percent in the forecast period
2019-2026. An excerpt from the report analysis outlines some applications of AI
in the market:
Artificial
intelligence in military involves the use of a computer-controlled robot[s] for
different military or defense activities, such as unmanned ground vehicles,
unmanned maritime vehicles, fighter aircraft and helicopter[s], unmanned aerial
vehicles, etc. Visual perception, decision-making, speech recognition, and
translation between languages are some of the examples of task[s] managed by
artificial intelligence.
Sam Mowers, Investorideas.com
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