The
#AIEye: SEAT Uses #IBMWatson for ‘Mobile Advisor’, Accenture ( $ACN) Launches
Applied Intelligence Platform and Avnet ( $AVT)Teams with Octanion and Orange
for SmartEdge Agile IoT Device
Global
#AI in Armored Vehicles Market to Reach $36.4 Billion by 2025 at CAGR of 5.4%
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Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Global AI in
Armored Vehicles Market to Reach $36.4 Billion by 2025 at CAGR of 5.4%
A report
from Research
and Markets finds that the global AI in Armored
Vehicle Market will grow to $36.4 billion USD by 2025 with a compound annual
growth rate (CAGR) of 5.4 percent in the forecast period 2019-2025. An excerpt
from the report summary reads:
Growing internal and external terrorist
activities across the globe are expected to drive market demand over the
forecast period. Technological advancements such as unmanned vehicles are
expected to further fuel market growth.
Armored vehicles are protected by layers of
depleted uranium or stainless-steel and are equipped with robust weapons that
combine defensive, tactical offensive, and operational mobility capabilities.
Development of advanced vehicles and technologies such as unmanned armored
vehicle and AI-based smart object recognition and tracking technology to be
used in the military sector is expected to propel the market over the next few
years.
SEAT Uses IBM
Watson for ‘Mobile Advisor’, Accenture Launches Applied Intelligence Platform
and Avnet Teams with Octanion and Orange for SmartEdge Agile IoT Device
Stocks discussed:
(NYSE:IBM) (NYSE:ACN) (NasdaqGS:AVT)
SEAT,
one of Europe’s biggest automobile manufacturers, has teamed with
IBM (NYSE:IBM) to
launch ‘Mobile Advisor’. ‘Mobile Advisor’ is powered by IBM’s Watson AI and
runs on the IBM Cloud “to provide users with a conversational interface to plan
and optimise routes and suggest the most suitable transportation options”.
Watson Machine Learning allows Mobile Advisor to memorize a driver’s habits and
preferences and generate custom routes based on them. Jordi Caus, SEAT's Head
of New Urban Mobility Concepts said:
“With its advanced
cloud and AI technologies, IBM is helping us to innovate new approaches to
mobility that will transform our business strategy while improving the lives of
people living in urban areas."
Accenture
(NYSE:ACN) launched its
Applied Intelligence Platform yesterday at the Mobile World Congress in
Barcelona. According to the press release, the platform “allows organizations
to apply pre-configured self-learning industry solutions, as well as develop
new solutions, without the need for deep data science expertise”. Mike
Sutcliff, group chief executive, Accenture Digital, explained:
“The Applied
Intelligence Platform enables AI-powered transformation at scale as clients
will be able to systematically embed AI across their operations — from the edge
right through to the cloud. Thanks to the platform, the power to leverage AI to
drive unprecedented new growth and efficiencies and unlock new insights,
business models and experiences is within reach of every organization.”
Avnet,
Inc. (NasdaqGS:AVT) and IoT company Octonion have joined with
mobile network provider Orange to launch the Avnet SmartEdge Agile IoT device.
The device uses Octonion’s Brainium
meta-sensing AI software, which is designed for the LTE-M network. Lou
Lutostanski, global vice president of IoT for Avnet, commented:
“The LTE-M network
is an ideal network for IoT edge computing, and when combined with Avnet’s
SmartEdge Agile IoT Device, customers will be able to deploy smart, secure IoT
solutions quickly and cost effectively. Our relationship with Octonion,
Sequans, and now Orange, the first mobile operator to deploy an LTE-M solution
at the edge, gives us a ‘first mover advantage,’ further solidifying the unique
value Avnet’s ecosystem delivers to customers.”
Sam Mowers,
Investorideas.com
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