#AIEye
#Podcast 682: #Stocks discussed: (NYSE: $HPE) (NYSE: $BBAI) #artificialintelligence
Titan
Space Technologies Deploys ML Models on HPE AI System, and BigBear AI Acquires
ProModel Corporation
Global
#AI in #Healthcare Market to Reach $187.95B by 2030
Vancouver, Kelowna, Delta, BC – April 11, 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/2022/041122-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/04111HPE-BBAI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:HPE) (NYSE:BBAI)
Titan Space Technologies Corporation has announced the successful deployment of a suite
of machine learning models on the HPE Spaceborne Computer-2, an edge computing
and AI system from Hewlett Packard Enterprise Company (NYSE:HPE) aboard the International Space
Station (ISS). Mark Fernandez, principal investigator of Spaceborne Computer-2,
HPE, explained:
“As
the industry continues to make progress in the rapid path to commercialization
in space, optimizing key applications and capabilities on the International
Space Station will be essential to support future, mission-critical spacecraft
demands. We look forward to continuing collaborating with Titan Space
Technologies and welcome its expertise and technical craftsmanship that is
necessary to build required space infrastructure for successful commercial
development in space."
BigBear.ai Holdings, Inc. (NYSE:BBAI) has acquired ProModel Corporation, described in
the press release as “a provider of simulation-based predictive analytics
software for manufacturing, healthcare, shipbuilding, and other industries.”
Reggie Brothers, CEO of BigBear.ai, commented:
"ProModel's
solutions uncover new insights to improve quality and efficiency in
manufacturing, distribution, and many other industries, making them a great fit
for our commercial strategy. ProModel's focus on helping organizations make
better decisions faster, coupled with its unrivaled corporate culture,
perfectly aligns with our vision and mission. Our AI-powered decision support
technology will offer tremendous advantages to ProModel's customers. We're
excited to welcome them and all ProModel employees and partners into the
BigBear.ai community."
Global
AI in Healthcare Market to Reach $187.95B by 2030
A report published by Precedence Research finds that the global AI
in Healthcare market is projected to grow from $11.06 billion USD in 2021 to
over $187.95 billion by 2030, registering a compound annual growth rate (CAGR)
of 37 percent in the forecast period 2022-30. The following excerpt from the
report’s description outlines some key factors influencing the market’s growth
in the forecast period:
The
growing adoption of the digital technologies in the healthcare sector owing to
the growing need for reducing the healthcare costs and offering enhanced
quality patient care services to the patients are the prominent factors that
are boosting the growth of the global artificial intelligence in healthcare
market. The surging prevalence of various chronic diseases and growing elderly
population is resulting in the increased pool of patients at hospitals. The
large volume of patient health data is generated every day, which is required
to be stored and managed effectively. The growing demand for the personalized
medicines and the necessity of maintaining digital health records are
significantly driving the artificial intelligence in the healthcare market.
Sam Mowers, Investorideas.com
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