#AIEye
#Podcast 522: C3.ai (NYSE: $AI) Releases Enhancements for #AI Platform and
Applications, and AnalytixInsight (TSXV: $ALY.V) Adds AI to Broker Platform
InvestPro; #ArtificialIntelligence
Global
Optical Character Recognition Market to Reach $26.31 Billion by 2028
Point Roberts WA, Vancouver BC – February 18, 2021 – 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/2021/021821-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/02181AI-ALY.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:AI) (TSXV:ALY)
C3.ai, inc. (NYSE:AI) has announced the release of enhancements to its
enterprise AI application development platform and AI applications designed to
further accelerate digital transformation. According to the press release, this
latest version includes “new composable machine learning (ML) pipelines for
data scientists; enhancements to C3 AI CRM, C3 AI Anti-Money Laundering, C3 AI
Energy Management, C3 AI Production Schedule Optimization, and C3 AI
Reliability applications; and a new enterprise AI application for the oil and
gas industry, C3 AI Well Development Optimization.” C3’s AI President and Chief
Product Officer Houman Behzadi said:
"Today’s
release introduces even more market-leading features for developers, data
scientists, and data engineers, while bringing unparalleled speed to the
development of enterprise AI applications. We continue to invest significantly
in our enterprise AI platform, wide range of developer tools, and configurable
enterprise AI applications to enable a richer and more cohesive developer and
user experience to accelerate AI adoption."
AnalytixInsight Inc. (TSXV:ALY) is adding its proprietary AI-based quality scoring
metrics for stocks listed on online financial broker platform InvestoPro.
According to the press release, the former’s AI-based financial analytics
engine, CapitalCube, “delivers machine-created content and analysis on over
50,000 worldwide stocks.” AnalytixInsight’s Chairman and CEO, Prakash
Hariharan, said:
“Retail
investors are now trading stocks in record numbers worldwide without
professional investment advice or fundamental analysis tools. And for many,
this is their first experience in investing in the stock market. We have built
InvestoPro as a stock trading platform with a focus on fundamental analysis,
research and education, which we believe are important to new investors
learning about stocks, and traits which are desired by the regulators.”
Global
Optical Character Recognition Market to Reach $26.31 Billion by 2028
A report published by Research and Markets finds that the global
Optical Character Recognition market will grow to $26.31 billion by 2028 with a
compound annual growth rate (CAGR) of 16.7 percent in the forecast period
2021-2028. An excerpt from the report’s description outlines the application of
AI in the market:
Integration
of artificial intelligence with optical character recognition has helped
companies in leveraging technological capabilities of artificial intelligence
such as deep learning and multi-level analysis for the more efficient
processing of documents, texts, and other data in a way similar to that of
humans. These advanced technologies also help to address inaccuracies that
occur in OCR, thereby providing streamlined fault management.
Sam Mowers, Investorideas.com
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