The #AI Eye: MEDITECH (NASDAQ: $NUAN) Integrates Nuance's Dragon Medical Virtual Assistant, iRobot (NASDAQ: $IRBT) Introduces Terra Robot Lawn Mower
AI in Logistics to Reach $6.5 Billion by 2023 at CAGR of 42.9%
Point Roberts, WA and Vancouver, BC - January 30, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
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The #AI Eye: MEDITECH (NASDAQ: $NUAN) Integrates Nuance's Dragon Medical Virtual Assistant, iRobot (NASDAQ: $IRBT) Introduces Terra Robot Lawn Mower
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
AI in Logistics to Reach $6.5 Billion by 2023 at CAGR of 42.9%
A report published by Infoholic Research on Analytical Research Cognizance (ARC) forecasts that the AI in Logistics Market will reach $6.5 billion by 2023 at a compound annual growth rate (CAGR) of 42.9 percent. An excerpt from the research overview reads:
The logistics vertical is undergoing a fundamental transformation with the increase in the amount of data and the number of devices utilized, reduction in costs to maintain the competitiveness, and urge to maintain the required stock levels, (staged and in-transit) to ensure on time delivery and shortages. All this requires some level of automation in the supply chain to allow for timely decision making.
Artificial Intelligence is in a nascent stage in logistics but is expected to grow at a rapid pace. It is expected to remould the logistics industry with high level of automation in manufacturing, logistics, warehousing and last mile delivery. Machine and human collaboration will enable smart order picking in logistics and smart glasses will enable smart hands-free operations. Automated vehicles and drones are expected to change the paradigm of the logistics industry.
MEDITECH Integrates Nuance's Dragon Medical Virtual Assistant, iRobot Introduces Terra Robot Lawn Mower and Datametrex Completes Financing for AI in Fake News and Cannabis
Stocks discussed: (NasdaqGS:NUAN) (NasdaqGS:IRBT) (TSXV:DM)
Electronic Health Record (EHR) vendor MEDITECH is integrating Nuance Communications, Inc.'s (NasdaqGS:NUAN) AI-powered Dragon Medical Virtual Assistant into the MEDITECH Expanse platform. MEDITECH Executive Vice President Hoda Sayed-Friel commented:
"In the past decade, virtual assistants have become more and more ingrained in our everyday lives. MEDITECH is excited to bring the power of Nuance's proven expertise in virtual assistants to the MEDITECH community through Expanse. Using this seamless integration, providers can more efficiently and conveniently engage with the EHR using a conversational user interface. This work with Nuance continues to demonstrate MEDITECH's commitment to improving the clinician and patient experience through the use of technology."
iRobot Corporation (NasdaqGS:IRBT) has introduced the Terra robot lawn mower, which features state-of-the-art mapping and navigation technologies, high-performance, high-quality mowing, and easy installation. iRobot chairman and CEO Colin Angle said:
"iRobot is building an ecosystem of robots and technologies that help people do more both inside and outside of the home. The robot mower segment is well established in EMEA and has tremendous room for growth in other markets, including North America. With its ease of use and premium mowing features, Terra is poised to give consumers a whole new way to think about how they take care of their lawn."
Datametrex AI Limited (TSXV:DM) has announced that after recently completing financing, its wholly-owned subsidiary, Nexalogy Environics, Inc., will concentrate its AI engine on detection of fake news. Additionally, financing will go to its Canntop AI division, optimizing the AI algorithms to work with rich data sets that are prevalent in the Cannabis sector. Company President and COO Jeff Stevens said:
"We believe that both these targeted markets around Fake News and Artificial Intelligence in the Cannabis sector will provide Nexalogy with a strong foundation to complement its existing government business. Harnessing the power of our patented AI algorithms in these markets is the next step in our evolution."
Sam Mowers, Investorideas.com
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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
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