#AIEye
#Podcast Episode 540: #Stocks discussed: (NYSEAmerican: $FTSI) (CSE: $PMED.C);
#Artificialintelligence
FTS
International Introduces Machine Health Automation #Technology, and
Predictmedix Collaborates with JUICEWORKS and Connectus Global
Global
Edge #AI Market to Reach $1.954B by 2026
Point Roberts WA, Vancouver BC – April 5, 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/2021/040521-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/04051FTSI-PMED.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSEAmerican:FTSI) (CSE:PMED)
Hydraulic fracturing service firm FTS International,
Inc. (NYSEAmerican:FTSI) has announced the introduction of machine health
automation technology to “global manufacturing leaders.” This, according to the
press release, involves machine learning and analytics “to drive more
intelligent equipment automation commands.” Larry Carroll, FTSI’s Director of
Innovation, explained:
"Traditional
automation programs follow commands based on simple parameters such as cycle
times and speed settings, but these traditional programs are blind to machine
health faults and catastrophic failure.
While
these fault algorithms and automation commands are helping FTSI today, there’s
no reason other industries cannot benefit from the technical foundation we’ve
created."
Predictmedix Inc. (CSE:PMED)
is collaborating with exhibition marketing
firm JUICEWORKS EXHIBITS, and process automation, worker safety and location
monitoring applications solutions provider Connectus Global, to offer Safe
Entry Solutions to public and private organizations. This will employ Safe Entry
Stations, which “leverage military-grade multispectral cameras paired with a
proprietary, clinically-based artificial intelligence algorithm,” according to
the press release. Rahul Kushwah, Director and COO of Predictmedix, commented:
"We
are excited to partner with Connectus Global and offer our AI-powered
technologies to their clientele. Connectus Global is offering workplace
solutions to clients all across North America, and our technology suite
complements their technologies which together can make a meaningful difference
to the safety of guests, employees in various settings."
Global
Edge AI Market to Reach $1.954B by 2026
A report published by Research and Markets finds that the global
Edge AI market will grow from $569.194 million in 2019 to $1.954 billion in
2026, with a compound annual growth rate (CAGR) of 19.27 percent in the
forecast period 2021 to 2026. An excerpt from the report’s description outlines
the expected impact of 5G on the market:
The
market is expected to surge in the coming years, because of the adoption of 5G
solutions, globally. The major advantage of the 5G solution is that the network
latency rate would be reduced, with the introduction of high-end applications.
The emergence of 5G solutions, across a wide range of applications, is expected
to surge and accelerate the amount of data transferred to the respective data
centers, thereby enhancing and accelerating the need for edge networks or
intermediary servers.
Sam Mowers, Investorideas.com
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