#AIEye
#Podcast 640: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE) #ArtficialIntelligence
GBT
Plans Cognitive Cybersecurity System for Apollo Motion Detection System, and
NICE Introduces AI-Powered Capabilities for RPA in Businesses
Global
Conversational #AI Market to Record Revenue of $13.29B from 2021-2028
Point Roberts WA, Vancouver BC – December 22, 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 – featuring technology company GBT
Technologies Inc. (OTCPINK:GTCH).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/122221-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/12222GTCH-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGS:NICE)
GBT Technologies Inc. (OTC PINK:GTCH) is planning a cognitive cybersecurity system to
secure its Apollo RF-based motion detection system. This system, according to
the press release, “will be governed by an AI mechanism to quantify RF devices
that interact with Apollo, assessing its RF waves characteristics, monitoring
network traffic, and ultimately, detecting unauthorized RF devices.” The
company’s CTO, Danny Rittman, explained:
“Radio
communication by its nature is exposed to intruders' attacks and suffers from
serious security vulnerabilities. To protect the wireless signals from
malicious attacks, data theft and jamming, we decided to invest in the
development of an application- specific cybersecurity measure for the Apollo
system. We are currently designing a comprehensive cyber solution to protect
Apollo's wireless system, creating adaptive security methods from various
perspectives. Our AI system is targeted to manage RF communication adaptively
by modifying radio propagation characteristics according to security analysis.
The intelligent system will quantify the network's radio devices, identify
unauthorized members, and supervise encryption/decryption operations.”
NICE Ltd. (NasdaqGS:NICE) has introduced new AI-powered capabilities
allowing organizations to maximize the benefits of Robotic Process Automation
(RPA) for their business, including “document digitization, ROI-based recommendation
of ideal processes to automate, and a complimentary resource center.” Barry
Cooper, President, NICE Workforce and Customer Experience Group, said:
"The
digital age is powering productivity, improving service experiences, and
accelerating ROI. By digitizing processes and prioritizing automations that
drive maximum business value, our latest RPA capabilities are accelerating the
path to a digital-first strategy."
Global
Conversational AI Market to Record Revenue of $13.29B from 2021-2028
A report published by Research Dive finds that the global
Conversational AI market is projected to record a revenue of $13.29 billion
from 2021-2028, registering a compound annual growth rate (CAGR) of 21.4
percent in the forecast period. An excerpt from the report overview looks at
the impact of the COVID-19 pandemic on the market:
Conversational AI has been affected
negatively due to the outbreak of coronavirus. The customer service business
was among the hardest damaged when the COVID-19 outbreak brought the entire
world economy to a standstill in the spring of 2020.
However, with the increase in the usage
of technological advancements, the market is expected to grow at a faster rate
during the post-pandemic period. Businesses are taking a more strategic
approach to their continuing operations, bringing flexibility and scalability
to their operations. Conversational AI is moving to the forefront of technology
while also aiming to improve operational efficiencies.
Sam Mowers, Investorideas.com
Read and
hear other editions of the AI Eye
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