The #AIEYE - Going Mobile: #AI Implementation in
Smartphones and Apps; (NYSE: $BB) (OTCQB: $GOPH) (TSXV: $ALY.V) (NASDAQ: $INSG)
Point Roberts WA, Vancouver BC – April 5,
2019 – Investorideas.com,
a global investor news source covering Artificial Intelligence issues a special
edition of The AI Eye, looking at artificial
intelligence in the mobile market and apps.
Read
this in full at https://www.investorideas.com/news/2019/artificial-intelligence/04051AIEye-BB-GOPH-ALY-INSG.asp
Whether through image recognition, natural
language processing (NLP) or digital assistants and chatbots, AI is
increasingly becoming ubiquitous in mobile technology. A report from Zion Market Research
projects that the global mobile AI market will reach $22.4 billion by 2024. One
of the key domains for AI in the mobile market is app development. A story from
Becoming Human outlines how app creators leverage AI for an array of jobs:
Developers
begin to create AI-enabled systems that can effectively learn from past
experience, discover meaning, and exhibit the ability to reason and have
already started integrating this technology to perform certain specific tasks
such as voice or handwriting recognition, computer search engines and
performing medical diagnosis.
An example of the market response to AI
adoption in the mobile industry is BlackBerry’s (NYSE:BB) recent stock growth. As
the Financial Post
indicates, at least part of this growth, and the company’s
stronger-than-expected fourth quarter, can be traced to their $1.4 billion acquisition
of California-based artificial intelligence and cybersecurity firm Cylance. The
deal was closed just a week before the end of the quarter, which saw BlackBerry
“exceed[ing] analyst revenue
and profit estimates”. Upon the acquisition of Cylance, BlackBerry Executive
Chairman and CEO, John Chen said:
"Today
BlackBerry took a giant step forward toward our goal of being the world's
largest and most trusted AI-cybersecurity company. Securing endpoints and the
data that flows between them is absolutely critical in today's hyperconnected
world. By adding Cylance's technology to our arsenal of cybersecurity solutions
we will help enterprises intelligently connect, protect and build secure
endpoints that users can trust."
Gopher Protocol Inc. (OTCQB:GOPH), a developer of
IoT and AI enabled mobile technology, recently released a mobile app of
its Avant! AI platform for Android and iOS. Connected to the Avant!
AI web application,
the mobile app is an Artificial General Intelligence (AGI) designed for search
and retrieval and is based on modern AI technologies including Deep Neural
Network (DNN), vectorization and other advanced methodologies enabling usage
for a wide variety of applications. Dr. Danny Rittman, Gopher Protocol’s Chief
Technology Officer explained that the app is set to expand its capabilities
beyond the initial release:
“In the near future we'll enable more
features for the application, including personal training capabilities. This
feature will virtually enable users to create their own private, mobile data
bank or a personal encyclopedia, with the system learning how to find the best
result for each individual user.”
Earlier this year, artificial intelligence
company AnalytixInsight Inc.’s (TSXV:ALY) joint venture
partner, leading Italian bank Intesa Sanpaolo, committed to a 2.8 million
EUR investment in digital transformation over the next three years. Part of
this includes a stock-trading app, Intesa Sanpaolo Investo, which was developed
by Marketwall, a FinTech provider co-owned by AnalytixInsight. The press release
highlights the importance of mobile apps in the digitization of the bank:
“Mobile
is at the heart of the Bank's digital ecosystem: the "app
constellation" that is centred on Intesa Sanpaolo Mobile, provides access
to banking services, financing, savings and is enriched with the new Intesa
Sanpaolo Investo app that enables customers to independently invest and monitor
their assets.”
Inseego Corp. (NasdaqGS:INSG), a pioneer in 5G and
intelligent IoT device-to-cloud solutions, recently added the Skyus 300 and
Skyus 500 gigabit edge routers as the latest additions to its Skyus industrial
IoT (IIoT) portfolio. According to the press release,
both routers are “purpose-built to futureproof and simplify complex deployments
while lowering the total cost of connecting critical remote and mobile assets
for industrial, public safety, transportation and infrastructure applications.”
Ashish Sharma, EVP of IoT & Mobile Solutions at Inseego commented:
“Today’s industrial enterprise applications
require more speed and bandwidth than ever before. Our new Skyus 300 and 500
edge routers meet that challenge with the latest Cat 18 LTE technology and
allow our customers to operate securely and reliably in challenging industrial
environments-with a return on investment unmatched by competing solutions.”
Most mobile phone users are aware of AI
implementation in the form of Siri for iOS, and Google Assistant for Android,
but the technology is being leveraged in a wide range of uses in the industry.
Whether it’s cybersecurity as with BlackBerry’s Cylance, AGI search and retrieval
as with Gopher’s Avant! or intelligent IoT application as with Inseego’s Skyus
routers, AI seems likely to continue to find new uses in the mobile market.
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