#AIEye
#Podcast 687: #Stocks discussed: (NYSE: $ACN) (NYSE: $MAXR)
Accenture
Acquires Ergo, and Maxar is Awarded $202M in US Gov’t Contracts
Global
#AI #Infrastructure Market to Reach $197.39B by 2030
Vancouver, Kelowna, Delta, BC – April 25, 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/2022/042522-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/04251ACN-MAXR.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:ACN) (NYSE:MAXR)
Accenture (NYSE:ACN) has announced the acquisition of Argentina-based
data-centred business Ergo, to “expand data and AI capabilities and accelerate
data-led transformation on the cloud.” Ergo, according to the press release,
“combines technology expertise and customer-focused consulting to integrate
data and AI across the enterprise and create a trusted single source of
insights.” Karthik Narain, global lead for Accenture Cloud First, explained:
"Almost
every day, 2.5 quintillion bytes of data are created by humans and machines
across the cloud continuum at the edge, on the internet and in data centers.
Cloud is the place where all this data gains accessibility and scale. Cloud’s
advanced data & AI tools empower companies to transform data into
intellectual capital like never before. By acquiring Ergo, Accenture will bring
more resources to help clients gain insights about where to focus their
transformation for the most value and how data can support better
decision-making through the transformation process."
Maxar Technologies Inc. (NYSE:MAXR) has been awarded U.S. Government mission support
contracts in Q1 2022 worth up to $202 million over a six-year period. This work
includes “artificial intelligence and machine learning applications, advanced
data analytics, software development, data conditioning, geospatial production
and dissemination, maritime domain awareness, and training and development.”
Maxar’s CEO Dan Jablonsky said:
"Maxar
is honored to support U.S. defense and intelligence customers by delivering a
breadth of mission-critical geospatial intelligence and related technologies.
We're proud to kick off 2022 with a flurry of new and renewed partnerships with
our U.S. government partners, and we look forward to continue delivering
precise, trusted products and technologies in support of national security
missions throughout the year."
Global
AI Infrastructure Market to Reach $197.39B by 2030
A report published by Polaris Market Research finds that the global
AI Infrastructure market is projected to grow from $23.54 billion USD in 2021 to
$197.39 billion by 2030, registering a compound annual growth rate (CAGR) of
27.6 percent in the forecast period 2022-30. The following excerpt from the
report’s summary, outlines some trends impacting the market’s growth:
The
increasing number of cross-industry collaborations and partnerships, tied with
the increasing adoption of cybersecurity technologies, artificial intelligence,
IoT, robots, industrial automation, and machine vision technology, is
attributed to the artificial intelligence infrastructure industry demand.
Moreover,
deep learning algorithms, along with machine learning algorithms, may assist
enterprises in achieving network efficiencies. For instance, companies need to
install automated infrastructure management tools in their data centers. Thus,
these factors may accelerate the artificial intelligence infrastructure market
development in the approaching years.
Sam Mowers, Investorideas.com
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