#AIEye
#Podcast 630: #Stocks discussed: (NasdaqGS: $AMZN) (OTC: $CFRUY) (NasdaqGS:
$NICE) #artificialintelligence
AWS
Selected by Swiss Luxury Giant Richemont, and NICE Nexidia and Enlighten
Selected by NTT Marketing for Automation of Management Processes
Global
Edge #AI Processor Market to Generate $8.05B from 2021-2028
Point Roberts WA, Vancouver BC – November 24, 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/2021/112421-AI-Eye.mp3
Read
this in full at
https://www.investorideas.com/news/2021/artificial-intelligence/11241AMZN-CFRUY-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:AMZN) (OTC:CFRUY) (NasdaqGS:NICE)
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced that Swiss luxury group Compagnie
Financière Richemont SA (OTC:CFRUY) is moving its entire enterprise IT
infrastructure to AWS, where it can leverage AWS’s “advanced cloud
capabilities, including machine learning, analytics, security, and database, to
foster product innovation across its physical retail operations and e commerce
offerings.” Kim Hartlev, Group Chief Information Officer at Richemont, said:
"AWS
is integral to our enterprise IT transformation as we look for better ways to
serve our customers, streamline the way we work, and compete globally. AWS,
with its proven experience and highly performant global infrastructure, will
deliver the agility, security, and scalability that we need to launch new
business processes and new service models. AWS’s unparalleled pace of
innovation and broad portfolio of services, including analytics and machine
learning, will help us gain greater insights and become an even more agile
company in the cloud."
NICE Ltd. (NasdaqGS:NICE) has announced that NTT Marketing ACT, one of the
largest business process outsourcers (BPO) in Japan, has selected NICE Nexidia
and Enlighten to automate the bulk of its quality management processes. Darren
Rushworth, President, NICE APAC, said:
"An
agent’s ability to forge a connection with customers in a service channel is
essential to providing better overall customer experiences. Our partnership
with NTT MA has resulted in a new set of unique AI-based models to evaluate
agents’ specific behaviors to help them improve those experiences. This is a
first for Japan and will surely help NTT Marketing ACT stand out in the
market."
Global
Edge AI Processor Market to Generate $8.05B from 2021-2028
A report published by Research Dive finds that the global
Edge AI Processor market will generate $8.05 billion USD from 2021-2028 with a
compound annual growth rate (CAGR) of 16.5 percent. The following excerpt from
the report overview outlines the impact of on-device AI processors for image
analysis on the market:
AI mobile processors power computational
imaging applications in drones, wearable electronics, robots, and self-driving
cars. The use of AI-based vision processing units (VPU) can assist drones in
making better decisions and reducing the risk of accidents, which will
contribute to the growing demand for industrial and personal drones.
Computational imaging and visual awareness applications improve mobile devices
by replacing complex optics with simpler lens assemblies and multiple
apertures; combining images captured by heterogeneous sensors such as infrared
(IR) and depth sensors RGB (red, green, blue); and extracting contextual
metadata from still images and video streams. These factors enable the use of
VPUs in mobile handsets, tablets, wearable devices, and personal robots for a
wide range of new application areas and use cases (previously limited to
desktops and workstations). VPU-enabled surveillance cameras enable real-time
data processing in cameras rather than the cloud, lowering the risk of data
hacking and enabling faster processing.
Sam Mowers, Investorideas.com
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