#AIEye
#Podcast 647: #Stocks discussed: (NYSE: $IBM) (NYSE: $JCI) #artificialintelligence
IBM
Expands AI Software with Envizi Acquisition, and Johnson Controls Acquires Edge
AI Developer FogHorn
Global
Call Center #AI Market to Reach $9.94B by 2030
Point Roberts WA, Vancouver BC – January 12, 2022 – 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
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https://www.investorideas.com/Audio/Podcasts/2022/011222-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2022/artificial-intelligence/01121IBM-JCI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (NYSE:JCI)
IBM (NYSE:IBM) has announced the acquisition of Envizi, described
in the press release as “a leading data and analytics software provider for
environmental performance management.” By integrating Envizi with IBM’s other
AI-powered softwares, companies will be able to “automate the feedback
generated between their corporate environmental initiatives and the operational
endpoints being used in daily business operations.” Kareem Yusuf, General
Manager, IBM AI Applications, explained:
"To
drive real progress toward sustainability, companies need the ability to transform
data into predictive insights that help them make more intelligent, actionable
decisions every day. Envizi's software provides companies with a single source
of truth for analyzing and understanding emissions data across the full
landscape of their business operations and dramatically accelerates IBM's
growing arsenal of AI technologies for helping businesses create more
sustainable operations and supply chains."
Smart buildings leader Johnson Controls International (NYSE:JCI) has acquired FogHorn, a major developer of Edge AI
software for the industrial and commercial Internet of Things (IoT) solutions.
The integration of FogHorn’s Edge AI software with Johnson Controls’ OpenBlue
smart buildings platform will enable machine-learning-driven solutions to
streamline building maintenance. Johnson Controls CTO Vijay Sankaran said:
"Value
is increasingly being created by applying intelligence at the edge-device level
to create real-time, secure, actionable insights. By pervasively integrating
Foghorn's world class Edge AI throughout our OpenBlue solution portfolio, we
are accelerating the pace towards our vision of smart, autonomous buildings
that continuously learn, adapt and automatically respond to the needs of the
environment and people."
Global
Call Center AI Market to Reach $9.94B by 2030
A report published by Allied Market Research finds that the global
Call Center AI market will grow from $959.8 million USD in 2020 to $9.94
billion by 2030, registering a compound annual growth rate (CAGR) of 26.3
percent in the forecast period 2021-2030. An excerpt from the report overview
outlines some key influences on the market’s growth:
The
global call center AI market is impacted by factors such as rise in need for
improved customer experience & customer response time along with the
enhanced data analytical capabilities. Moreover, high installation and training
cost coupled with privacy and security concerns is affecting the call center AI
market growth. Furthermore, rise in focus of companies in AI technology and
increase in penetration of social media platforms influence the market growth.
However, each of these factors is anticipated to have a definite impact on the
growth of the global market during the forecast period.
Sam Mowers, Investorideas.com
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