The #AIEye: IBM (NYSE: $IBM) Watson Health Enters Agreement with Health Quest Systems, Nuance (NASDAQ: $NUAN) Security Suite Saved $1 Billion in Fraud in 2018

The #AIEye: IBM (NYSE: $IBM) Watson Health Enters Agreement with Health Quest Systems, Nuance (NASDAQ: $NUAN) Security Suite Saved $1 Billion in Fraud in 2018

#AI in Sports to Hit $1.9 Billion by 2024 with CAGR of 32.7%

Point Roberts WA , Vancouver BC – March 21,  2019  – Investorideas.com (www.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.

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AI in Sports to Hit $1.9 Billion by 2024 with CAGR of 32.7%

A report from Mind Commerce and published on In For Growth finds that the AI in sports market will reach $1.9 billion USD by 2024 with a compound annual growth rate (CAGR) of 32.7 percent. Some of the key findings from the report are:

• AI improves the value of cross-training by team role/position between 9 and 32 percent

• Up to 65% of long-term cognitive dysfunction due to concussions is preventable through use of AI

• AI in sports will improve individual and team performance by average of 17% and 28% respectively

• Top benefits of AI in sports include performance improvement, injury prevention, and recruitment

• AI will improve revenue, reduce operational costs, and improve valuations of professional sports teams

IBM Watson Health Enters Agreement with Health Quest Systems, Nuance Security Suite Saved $1 Billion in Fraud in 2018 and Datametrex Provides Update for Pilot Program with Empower Clinics

Stocks discussed: (NYSE:IBM) (NasdaqGS:NUAN) (TSXV:DM) (CSE:EPW)

IBM Watson Health (NYSE:IBM) has entered an agreement with Health Quest Systems, Inc. to leverage AI with the aim of increasing participation in clinical trials. IBM Watson Health will deploy cognitive computing system Clinical Trial Matching, which helps clinicians and coordinators more easily and quickly identify trials and potentially eligible patients. Kyu Rhee, Vice President and Chief Health Officer, IBM Watson Health, commented:

"By integrating IBM Watson for Clinical Trial Matching, Health Quest aims to boost clinical trial enrollment and, by providing access to new, cutting-edge treatments, the health system can play a key role in advancing the science of oncology care."

Nuance Communications, Inc. (NasdaqGS:NUAN) has announced that its AI-powered biometrics-based Nuance Security Suite saved $1 billion in fraud costs in 2018. The fraud is detected and prevented through AI technologies including voice and behavioral biometrics, intelligent channel, geo and network detectors, which work together to flag potentially fraudulent patterns. Brett Beranek, General Manager, Security Business, Nuance Enterprise, said:

“Our customers come to us not only wanting to make their authentication process more convenient for customers but perhaps more importantly to evolve their contact center security strategy. Our approach is unique in that our algorithms can not only identify and validate individuals by their voice, but also understand what types of conversation patterns fraudsters typically use. That’s powerful when you consider how much money is lost due to fraudulent account access each year, whether through traditional phone channels or in complex cross-channel attacks.”

Datametrex AI Limited (TSXV:DM) has provided an update on its pilot program with Empower Clinics Inc. (CSE:EPW), through subsidiary Canntop AI Inc. According to the press release, the program aims “to develop a deeper understanding of patients’ awareness of cannabis-based treatment options and the ongoing effectiveness”. Empower CEO Steven McAuley said:

“We believe the outcomes of our AI efforts, if successful, could position the Company as an educational leader and we plan to collaborate with the industry to ultimately improve patient care. The powerful AI tools of Canntop are required to successfully analyze the substantial amounts of data in the Empower database and the additional data from the proposed acquisition of the Sun Valley Clinic group, that has a combined 165,000 patients.”

Sam Mowers, Investorideas.com

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CannaMoney: #Cannabis #Payment Solutions Companies Ready for 2019 Sales; (NASDAQ: $NETE) (OTC: $GOHE) (CSE: $CNNA.C) (OTC: $REFG)

CannaMoney: #Cannabis #Payment Solutions Companies Ready for 2019 Sales; (NASDAQ: $NETE) (OTC: $GOHE) (CSE: $CNNA.C) (OTC: $REFG)

Point Roberts WA, Delta BC – March 21, 2019 - Investorideas.com, a leading investor news resource covering  tech and cannabis stocks releases a snapshot looking at the continued growth of payment solutions in the cannabis industry and how participating companies are preparing for the future as regulations change.

A recent article from MarijuanaBreak.com, discussed the ups and downs of payment processing in the legal cannabis market and why payment solution alternatives are so necessary in this industry; “As of 2017 only around 300 of the 11,000 operational banks in the U.S. will comply with legal marijuana companies or vendors.” The article goes on to discuss the downsides caused by this lack of financial access, such as security (for cash only dispensaries), regulation issues (payment solutions companies unfamiliar with the legal landscape) and customer access (an inability to expand or increase online sales due to lack of accepted payment options).

Read this in full at https://www.investorideas.com/news/2019/cannabis/03212Stocks-PaymentSolutions.asp

This is where companies like Net Element, Inc. (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payment acceptance in a multi-channel environment, including point-of-sale, come into play, having announced its entrance into the cannabis sector in October of last year. The company also recently announced that its subsidiary, Unified Payments is among the first companies to achieve self-regulatory certification from the Electronic Transactions Association.

Global Payout Inc. (OTC: GOHE), who through its subsidiary, provides electronic wallet and e-banking financial solutions for the marijuana industry, recently announced transactional data and revenue into Q1 of 2019 which highlights the continued growth, adaptation, and overall benefit to the one-of-kind MTrac Payment Solution.

As has been the trend since the current iteration of the MTrac system was deployed back in October, totals associated with daily and monthly sales and transactional volume along with the average ticket cost processed within the system continue to climb each month at what the Company perceives to be a very steady and encouraging pace, and the first quarter is seeing a continuation of this very positive trend.

Global Payout Inc. and its wholly owned subsidiary, MTrac Tech Corporation also announced that the US Patent and Trademark Office has federally registered its patented slogan, ‘The Key to Cashless®’ under Trademark Registration #5705041.

“This slogan represents our philosophical vision for the financial solutions our team is delivering to an industry in need,” said Vanessa Luna, MTrac CEO. “The cannabis industry has, in my opinion, been federally handcuffed by Schedule 1 classification, and all of the state-licensed cannabis businesses, who are doing everything correct from a regulatory compliance perspective to remain in good standing with its state and local governments, and who are creating jobs and generating tax revenue for the betterment of communities, have been effectively cut off from traditional banking services. These organizations have endured many challenges such as high security costs, managing financial expenditures, and all of the risks associated with cash-only or cash-heavy operations,” says Ms. Luna.

CannaOne Technologies (CSE: CNNA) is not only focused on the US, but on international cannabis markets as well, having announced that it has entered into a formal agreement with Manna Health Services SA de CV of Mexico City ("Manna"), to undertake the development, launch and operation of an industry leading online CBD product purchase and delivery marketplace for the Country of Mexico.

"BloomKit, our enterprise software solution, will give Manna the capability to offer a flagship and fully operational online CBD marketplace once Mexican regulations are finalized. For example, It will offer Manna the ability to inherently monitor and track pick-up and delivery logistics, and the capability to deliver historical and current trending analytics to ensure optimal management of all CBD sales channels. It will provide this all with the benefit of a simple and easy to use built in eCommerce solution."

Medical Cannabis Payment Solutions Inc. (OTC: REFG), another leading provider of regulatory-compliant financial services for state-sanctioned marijuana, provided an update on its activities in 2018 and its 2019 strategic direction;

"We announced last September that we have launched our nationwide banking solution for state-sanctioned cannabis. We're happy to announce today that we have several dozen accounts open and over 120 applications in our queue," said Jeremy Roberts, the company's CEO. "Not only does this provide a revenue stream for the company, but we believe we are the only company currently providing banking services in all states with legalized cannabis."

"Our corporate mantra has always been compliance, security and accessibility. And we're currently hitting on each of those principles. With the commercialization of Go!, which represents our single most important milestone to-date, we are on the cusp of an entire new era of growth and expansion as cannabis as well as other industries begin to adopt our payment solution," continued Mr. Roberts.

Compliance, security and access will continue to be key factors affecting the cannabis industry and 2019 looks to be a promising year for payment solution companies aiming to put their products to the test in one of the fastest growing sectors.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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The #AIEye: Nvidia Builds on DRIVE AV Autonomous Vehicle Software with Safety Force Field, Cisco Announces Cognitive Collaboration for Webex Platform

The #AIEye: Nvidia Builds on DRIVE AV Autonomous Vehicle Software with Safety Force Field, Cisco Announces Cognitive Collaboration for Webex Platform-Stocks discussed: (NasdaqGS: $NVDA) (NasdaqGS: $CSCO) (CSE: $CRL.C)

Global #AI in Food & Beverage Market 2019-2024 to Grow at 65.3% CAGR

Point Roberts WA , Vancouver BC – March 20,  2019  – Investorideas.com (www.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.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Global AI in Food & Beverage Market 2019-2024 to Grow at 65.3% CAGR

A new report published on Research and Markets projects that the global AI in Food & Beverages market is expected to grow at a compound annual growth rate (CAGR) of 65.3 percent from 2019 to 2024. An excerpt from the report description identifies some key trends:

AI is being applied to understand the consumer behavior, which is expected to lead to more accurate predictions. It can further enable marketers and organizations to reach out to the customers at a personal level, engage in deeper interactions, and enhance their overall experience with the brand.

Furthermore, many consumers are adopting chabots, as they can effectively work on the offline mode. An American express report stated that more than 50% of the customers are willing to spend more in the companies that provide superior customer service. This opens up a tremendous opportunity for AI, which, in turn, is likely to fuel the growth of AI in the food and beverage sector.

AI can also help to analyze, monitor, and deduce the customer behavior and sentiments across the various social media channels. Therefore, when AI builds an in-depth customer profile, it matches it to their social experiences about the product. With the help of such powerful insights, firms can now aim to improve the customer experience and make it more productive, thereby leading to the growth of the market.

Nvidia Builds on DRIVE AV Autonomous Vehicle Software with Safety Force Field, Cisco Announces Cognitive Collaboration for Webex Platform and Carl Data Solutions Signs MOU for AI Water Monitoring

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:CSCO) (CSE:CRL)

NVIDIA Corporation (NasdaqGS:NVDA) has built on its NVIDIA DRIVE AV autonomous vehicle software with a new planning and control layer called the Safety Force Field (SFF). Utilizing sensor data, SFF analyzes the environment to calculate actions “necessary to mitigate potential danger”. David Nister, vice president of Autonomous Driving Software at NVIDIA, said:

“By removing human error from the driving equation, we can prevent the vast majority of collisions and minimize the impact of those that do occur. SFF is mathematically designed such that autonomous vehicles equipped with SFF will, like magnets that repel each other, keep themselves out of harm’s way and not contribute to unsafe situations.”

Cisco Systems, Inc. (NasdaqGS:CSCO) has announced the Cognitive Collaboration feature for its online conferencing platform Webex. Cognitive Collaboration leverages AI and machine learning technology such as facial recognition to streamline the conferencing experience. Amy Chang, SVP and GM, Collaboration Technology Group, Cisco, commented:

"Cognitive Collaboration is a game changer for Cisco customers across all industries. When we enable people to collaborate from wherever they are in a way that's intuitive, easy and smart, we make their work and life experiences better and more productive."

Carl Data Solutions, Inc. (CSE:CRL) and their wholly-owned subsidiary Astra Smart Systems have signed an MOU with the conservationist Living Lakes Canada “to build and deploy an end-to-end IIoT solution for advanced AI water monitoring”. The project aims to use AI and IIoT to bridge gaps in environmental data. Greg Johnston, Carl Data CEO and President, said:

"This project highlights the key importance of data collection. Access to data, and the tools to extract actionable information from that data, are how we can protect environmental assets and critical infrastructure from potential impacts caused by changing environmental conditions."

Sam Mowers, Investorideas.com

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

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The #AIEye: Nvidia (NasdaqGS: $NVDA) Unveils Jetson Nano AI Computer, Qualcomm (NasdaqGS: $QCOM) Launches QCS400 SoC Series

The #AIEye: Nvidia (NasdaqGS: $NVDA) Unveils Jetson Nano AI Computer, Qualcomm (NasdaqGS: $QCOM) Launches QCS400 SoC Series

#AI & #Robotics to Help Drive MRF Market to $251.7 Million by 2022

Point Roberts WA, Vancouver BC – March 19,  2019  – Investorideas.com (www.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.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

AI & Robotics to Help Drive MRF Market to $251.7 Million by 2022

A recent article from Recycling Product News reports data from market research company Frost & Sullivan, that technology such as AI and robotics is projected to drive the material recovery facilities (MRF) market to $251.7 million by 2022 with a compound annual growth rate (CAGR) of 6.3 percent. The article lists the following growth opportunities in the market:

-         Retrofitting new, advanced screens and sorters. Additional investments in smart systems and AI will drive their long-term growth.

-         Employing contract models that incorporate more effective inspection processes to improve recycling habits.

-         Upgrading to screens, non-wrapping screens, and sorting, especially optical and color optical sorting.

-         Fostering close relationships with MRF operators and understanding their current facility equipment, experiences, and preferences.

-         Leveraging up-selling and cross-selling opportunities.

Nvidia Unveils Jetson Nano AI Computer, Qualcomm Launches QCS400 SoC Series and NICE Actimize Chosen For AI and ML-Powered Anti-Money Laundering Solutions

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:QCOM) (NasdaqGS:NICE)

NVIDIA Corporation (NasdaqGS:NVDA) has unveiled the Jetson Nano, a CUDA-X AI computer. The product comes in both a $99 development kit for developers, makers and enthusiasts and the $129 production-ready module for companies looking to create mass-market edge systems. Deepu Talla, vice president and general manager of Autonomous Machines at NVIDIA, said:

“Jetson Nano makes AI more accessible to everyone — and is supported by the same underlying architecture and software that powers our nation’s supercomputers. Bringing AI to the maker movement opens up a whole new world of innovation, inspiring people to create the next big thing.”

Qualcomm Incorporated (NasdaqGS:QCOM) has launched the QCS400 SoC series, which help deliver highly optimized, AI-enabled solutions that are designed for smarter audio and IoT applications. Rahul Patel, senior vice president and general manager, connectivity, Qualcomm Technologies, Inc., explained:

“These new SoCs raise the bar on both feature integration and power performance for smart audio compared to our previous technology. This will help manufactures to more easily overcome significant technical challenges and build smarter speakers and assistants with more intuitive voice UI, connected user experiences and exceptional sound quality.”

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE) has been chosen by by Israel Discount Bank of New York (IDB Bank) to improve its financial crime operations using anti-money laundering technology that employ artificial intelligence and machine learning. Kevin Choi, Chief Compliance Officer IDB Bank of New York, commented:

“NICE Actimize’s innovations in machine learning and advanced case management will reduce false-positive alerting and speed up investigations, enabling us to improve our entire financial crime operations effectiveness and efficiency.”

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 or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp ,

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