#AIEye
#Podcast 676: #Stocks discussed: (NYSE: $ACN) (TSXV: $ZOMD.V) #artificialintelligence
Accenture Acquiring Capabilities from Trancom ITS, and
Zoomd Acquiring Albert Technologies Ltd.
Global
AI Market to Grow by $76.44B from 2021-25
Vancouver, Kelowna, Delta, BC – March 28,
2022 – 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/2022/032822-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/03281ACN-ZOMD.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and
advancements in artificial intelligence
Stocks
discussed: (NYSE:ACN) (TSXV:ZOMD)
Accenture (NYSE:ACN) has announced an agreement to acquire digital
engineering and operational technology capabilities from Japanese logistics
technology services provider Trancom ITS, enabling its Industry X service to
offer hyper-automation solutions at scale. This will involve the latter’s
systems integration capabilities and logistics expertise allowing Accenture to
expand its AI-powered supply chain management service to more clients. Tatsuya
Nakayabu, senior managing director and lead for Accenture Industry X in Japan,
said:
"We’re
seeing significant demand from clients to help them automate manual processes
in factories and warehouses. By combining assets from Trancom ITS with our AI
and robotics capabilities, we can drive more value from these processes for
clients and help them become more sustainable."
Zoomd Technologies Ltd. (TSXV:ZOMD), along with its wholly-owned
subsidiary Zoomd Ltd., have announced the acquisition of U.S.-based
artificial intelligence marketing platform Albert Technologies Ltd. Ofer Eitan,
Zoomd’s CEO, explained:
"While
we are also releasing some of our products onto a Self-Service and SaaS
business model, Albert enhances our efforts immediately, with additional solid
offerings that cover branding and awareness needs. Furthermore, we view Albert
as complementary for mobile apps, particularly with regards to our future plans
relating to Web3. We view M&A activity, which includes industry
professionals, supplementary technology and solid customer base, as a part of
Zoomd's growth objective.”
Global
AI Market to Grow by $76.44B from 2021-25
A report published by Technavio finds that the global AI market is
projected to grow by $76.44 billion USD from 2020 to 2025, registering a
compound annual growth rate (CAGR) of 21 percent in the forecast period
2021-25. The following excerpt from the report’s summary outlines the influence
of cloud-based services on the market’s growth:
The
rise in cloud-based AI services will also contribute to the growth of the
global AI market during the forecast period. There is an increase in the demand
for cloud-based Al products and services as the adoption of Al technologies in
the on-premises data center is expensive. The demand for cloud-based Al
products and services is inducing major public cloud players to leverage their
technical expertise to offer different cloud-based Al products and services.
Al-powered applications are used in a wide variety of use cases including
recommendation engines, pricing optimization, lead generation, chatbots, and
supply chain optimization.
Sam Mowers, Investorideas.com
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