#AIEye
#Podcast 633: #Stocks discussed: (NYSE: $WIT) (NasdaqGM: $VERI) #artificialintelligence
Wipro
Limited and Celonis Announced Supply Chain Command Center, and Veritone Joins
Utility Transformation Organizations
Global
#Blockchain #AI Market to Reach $973.6M in 2027
Point Roberts WA, Vancouver BC – December 6, 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/2021/120621-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/12061WIT-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:WIT) (NasdaqGM:VERI)
Wipro Limited (NYSE:WIT) and execution management firm
Celonis have announced the launch of the Supply Chain
Command Center, aimed at helping organizations drive supply-chain
transformation. Amit Puri, Global Vice President & Head – BPO & Managed
Services, Celonis, explained:
"Since
announcing our global partnership earlier this year, Wipro and Celonis are
jointly driving next-gen digital transformation impact for global customers.
Supply Chain Command Center solution is our new joint offering that is helping
enterprises optimize their supply chain management transformation initiatives.
The powerful combination of Celonis Execution Management System (EMS) with
Wipro’s domain expertise and advanced augmented intelligence capabilities of
Wipro Holmes, enables us to unlock faster value for our customers across every
industry segment and accelerate supply chain transformation through data-driven
business execution."
Veritone, Inc. (NasdaqGM:VERI) has joined the Smart Electric Power Alliance
(SEPA) and the Utility Analytics Institute (UAI), both described in the press
release as “leading industry organizations focused on the transformation of
utilities.” Veritone will leverage its “strong AI leadership and deep machine
learning expertise” to help solve problems relating to “the rise of renewable
energy sources, new legislation, climate change, and the global push towards
decarbonization.” Sean McEvoy, SVP, Energy Solutions, Veritone, said:
"Like
many other industries, utilities’ decision-makers and organizations like SEPA
and UAI recognize the game-changing capabilities of AI, machine learning,
automation, and analytics. Particularly with the Federal Energy Regulatory
Commission’s (FERC) Order No. 2222 fostering competition in the wholesale
energy market taking effect February 2022, there is no better time than now for
Veritone to join these forward-thinking organizations. With our AI-driven
energy solutions, together, we can fast-track our collective mission to make
power delivery greener, cheaper, and more reliable as the nation transitions to
a decarbonized future."
Global
Blockchain AI Market to Reach $973.6M in 2027
A report published by Fortune Business Insights finds that the
global Blockchain AI market is projected to grow from $184.6 million in 2019 to
$973.6 million in 2027 with a compound annual growth rate (CAGR) of 23.6
percent in that forecast period. An excerpt from the report’s summary outlines
the role of the technology in the COVID-19 pandemic.
The
current coronavirus crisis is challenging the blockchain AI market growth in
the short-term and has affected every segment of society, including businesses
and individuals. The blockchain and internet ecosystem has been playing a
crucial role in accelerating digital transformation initiatives and activities
amidst the COVID-19 pandemic. Industries such as healthcare & life
sciences, BFSI, telecom & IT, and media & entertainment are leveraging
the internet to provide blockchain-related services to consumers. The AI-based
technology of blockchain can be used for crisis management, public health data
surveillance, securing medical supply chains, donation tracking, and others.
Sam Mowers, Investorideas.com
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