The
#AIEye: IBM (NYSE: $IBM) Expands “New Collar” to Ready France for Digital
Economy, Accenture (NYSE: $ACN) Introduces INTIENT Platform and NICE (NasdaqGS:
$NICE) Announces Smart Digital Conversations
Global
#AI in #Retail and #ECommerce Market to Hit $19.37 Billion in Revenue by 2025
Point Roberts WA , Vancouver BC – May 16, 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
Stocks
discussed: (NYSE:IBM) (NYSE:ACN) (Nasdaq:NICE)
IBM (NYSE:IBM) has announced the expansion of its “New Collar” program into
France to help French workers transition to the new economy typified by AI,
digital and hybrid cloud technologies. The expansion was revealed at the Tech
for Good summit in Paris. IBM Chairman, CEO and President Virginia Rometty
said:
"We
know that AI, like other transformative technologies before it, will have a
profound impact on peoples' jobs and the workplace. That is why IBM is leading
the way in expanding the pathways through which students and professionals can
build skills for today's technology era. Through groundbreaking education
programs like P-TECH – which we are proud to expand in France – we can ensure that
no one is left behind in the digital age."
Accenture (NYSE:ACN) has introduced a new tech platform called INTIENT,
that advances and streamlines the delivery of patient treatments in life
sciences enterprises. The platform leverages AI and advanced analytics, which
includes robotic process automation and machine learning, to deliver actionable
insights. Kevin Julian, a senior managing director in the Accenture Life
Sciences practice, said:
“With
INTIENT, our clients will be able to generate insights from research through to
patient services, and even further with our plans to expand into other
functions. The results will accelerate the delivery of life-changing treatments
to patients.”
NICE Ltd. (NasdaqGS:NICE) has announced Smart Digital Conversations, the next
step in customer service made possible by their acquisition of digital platform
Brand Embassy. NICE will integrate Brand Embassy’s capabilities into their
CXOne cloud platform, “enabling any digital channel to be seamlessly and
smartly integrated into any customer service daily operations”. Barak Eilam,
CEO, NICE, said:
“CXone
is already established as the leading Customer Experience cloud platform, based
on the powerful integration of the industry’s best WFO, Analytics and
Omnichannel routing in the cloud. This makes CXone the perfect choice for
enterprises of all sizes, as they transform to the cloud and advance to
analytics. With the addition of Brand Embassy and its pioneering and
market-proven digital experience suite, CXone now empowers organizations to
also adopt a digital-first strategy, all under one platform.”
Global
AI in Retail and E-Commerce Market to Hit $19.37 Billion in Revenue by 2025
A report from Research and Markets finds that the global AI
in retail and e-commerce market will reach revenue of $19.37 billion by 2025
with a compound annual growth rate (CAGR) of 42.8 percent in the forecast
period 2019-2025. An excerpt from the report description reads:
Globally,
the retail industry has become more competitive than ever as customers have
plenty of choices while buying any product. The retail sector has become much
more diverse because every customer has different and customized needs, which
makes it tough for retailers to target a group. AI is now being used by
retailers to get real-time and in-depth insights to attract diverse shoppers.
The
revolution of AI is changing the customer shopping experience. AI in retail
offers several opportunities in the retail space, as retailers have massive
customer data available with them. Retailers can now understand their customers
better and provide personalized recommendations, which help in retaining the
customers and open new revenue streams for retailers. Brick and mortar
retailers are spending in AI-based solutions to understand their customers
better and enhance their shopping experience. The e-commerce industry is using
AI to focus on applications such as product recommendations, search analysis,
analyzing consumer sentiments, and promotions.
Sam Mowers, Investorideas.com
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