#AIEye
#Podcast 734: #Stocks discussed: (OTCQB: $LZGI) (NasdaqGS: $DCT) #artificialintelligence
Fatbrain AI’s Intellagents Announces New CRO, and
NeuralMetrics Partners with Duck Creek Technologies
Global
#AI in #Aviation Market to Reach $5.68B by 2028
Vancouver, Kelowna, Delta, BC – November 2,
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 – featuring technology company LZG International Inc. (Fatbrain
AI) (OTC:LZGI).
Listen
to today’s podcast: https://www.investorideas.com/Audio/Podcasts/2022/110222-AI-Eye.mp3
Read
this in full at: https://www.investorideas.com/news/2022/artificial-intelligence/11021LZGI-DCT.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and
advancements in artificial intelligence
Stocks
discussed: (OTCQB:LZGI) (NasdaqGS:DCT)
Intellagents, the insurance
technology-focused subsidiary of LZG International Inc. (Fatbrain AI) (OTCQB:LZGI), has announced the
hiring of Insurtech industry leader Euan King as Chief Revenue Officer. King,
according to the press release, “will
be responsible for leading Intellagents in its next phase of growth and oversee
all sales, strategic partnership efforts and customer experience.” Mark
Stender, CEO and co-founder of Intellagents, commented:
"The
Intellagents platform enables our clients to access a comprehensive ecosystem
enabling rapid innovation and growth with a simple, self-service experience to
harness the power of data and AI. With Euan's network and experience, we'll
bring the power of many 'best-in-class' insurance capabilities connected together,
each continuously learning to improve individual performance, to the overall
insurance marketplace."
NeuralMetrics, a provider of actionable
risk-assessment intelligence for P&C insurers, brokers, and agents, has announced a partnership with intelligent
solutions provider Duck Creek Technologies, Inc. (NasdaqGS:DCT). This, according to the press
release, enables property/casualty insurers the ability to underwrite
commercial lines policies quickly and accurately. NeuralMetrics employs
artificial intelligence and natural language processing “to provide accurate,
transparent data for evaluating risk eligibility, enabling straight-through
processing, and reducing the time required to complete policy underwriting,
quote, and binding.” Robert Fletcher, Sr. Partner Manager, Duck Creek
Technologies, said:
"Duck
Creek is eager to continue enhancing its partner ecosystem with technology that
equips commercial lines underwriters with instantaneous data to accelerate
their speed to market and helps facilitate their growth. Our partnership with
NeuralMetrics gives our customers a more personalized experience that is
tailored to carrier-specific underwriting guidelines, questions, and
strategies."
Global
AI in Aviation Market to Reach $5.68B by 2028
A report published by Markets N Research finds that the global AI in
Aviation market is projected to grow from $624.5 million USD in 2021 to $5.68
billion by 2028, registering a compound annual growth rate (CAGR) of 44.5
percent in the forecast period. The following excerpt from the report’s
description outlines some key factors impacting the market’s growth:
Increased
big data usage in the aerospace sector will be a major factor driving market
growth. The market for artificial intelligence in aviation is also being pushed
by elements, including the expansion of capital expenditures by aviation
businesses and the expanding use of cloud-based services and applications in
the industry. Increasing process optimization needs will also significantly
impact the development of artificial intelligence in the aviation industry. The
automatic performance enhancement provided by machine learning is a key aspect
that will moderate the growth rate of artificial intelligence in the aviation
business. The market for artificial intelligence in aviation will grow due to
this and other causes.
Sam Mowers, Investorideas.com
Read and
hear other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit
here
About FatBrain AI
(LZG International, Inc.)
FatBrain
AI (LZG International, Inc.; OTC: LZGI) provides powerful and easy-to-use AI
solutions to empower the star enterprises of tomorrow (aka mSMEs) to grow,
innovate, and drive the majority of the global economy. FatBrain's AI 2.0
technologies and advanced data services transform continuous learning,
narrative reasoning, cloud and blockchain technologies into auditable,
explainable and easy to integrate AI solutions. FatBrain's subscription model
allows all companies to deploy its advanced AI solutions quickly and easily,
securely utilizing them on premises behind their firewalls or via cloud.
For
more information, please visit: https://www.fatbrain.ai
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