#AIEye
#Podcast 706: #Stocks discussed: (NYSE: $JNPR) (NYSE: $AI) #artificialintelligence
Juniper
Networks Shares Findings from AI Research Project, and C3 AI Named Google Cloud
Technology Partner of the Year for AI and ML
Global
Conversational AI Market to Reach $41.39B in 2030
Vancouver, Kelowna, Delta, BC – June 15, 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/2022/061522-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/06151JNPR-AI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:JNPR) (NYSE:AI)
Juniper Networks Inc. (NYSE:JNPR) has shared the findings of a global research
project showing “an increase in enterprise artificial intelligence (AI)
adoption over the last 12 months is yielding tangible benefits to
organizations.” The study was done in partnership with Wakefield Research and
finds that, for instance, enterprises “are now implementing AI across their
organizations, thanks to pandemic-related digital acceleration and the
maturation of AI tools available.” Sharon Mandell, SVP and CIO, Juniper
Networks, said:
"The
disparity the data shows between the substantial increase in AI implementation
in the enterprise and the immaturity of AI governance and policies is
staggering. It will be critical for governance to pick up pace so that the
positives of AI deployment overshadow existing fears of whether AI can be
effectively controlled. This is a challenge not unique to AI, but all emerging
technologies."
C3 AI, Inc. (NYSE:AI) has been awarded the Google Cloud Technology Partner of
the Year in the artificial intelligence and machine learning category for 2021.
Both C3 and Google Cloud partnered in September 2021 to “deploy Enterprise AI applications
for industry-specific business operations across financial services,
manufacturing, healthcare and supply chain, among other sectors.” Ed Abbo, C3’s
President and CTO, said:
"Our
team is honored to be selected as a Google Cloud Technology Partner of the Year
award winner. C3 AI and Google Cloud are fully aligned to unlock customer value
by accelerating delivery and operation of innovative industry-specific AI
applications."
Global
Conversational AI Market to Reach $41.39B in 2030
A report published by Grandview Research finds that the global
Conversational AI market is projected to grow from $7.61 billion USD in 2022 to
$41.39 billion in 2030, registering a compound annual growth rate (CAGR) of
23.6 percent in the forecast period. An excerpt from the report summary reads:
The
key factors influencing the growth of the market are rising demand, reduced
chatbot development costs, AI-powered customer support services, and
omnichannel deployment. AI-powered messaging apps and speech-based apps are
rapidly uprooting contemporary mobile and web applications and are consequently
expected to emerge as a new mode of communication. Conversational artificial
intelligence is the utilization of chatbots and other digitalized platforms to
serve customers with a platform where they can solve their problems and
interact with virtual assistants. This even aids businesses in growing by
adopting new techniques to communicate with customers.
Sam Mowers, Investorideas.com
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