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

Stocks discussed: (NYSE:CRM) (NYSE:DATA) (NYSE:ACN)

salesforce.com, inc. (NYSE:CRM) has signed a definitive agreement to acquire leading analytics platform Tableau Software, Inc. (NYSE:DATA). The acquisition brings Tableau’s analytics and Salesforce’s AI-powered Einstein platform together, which the press release claims “will deliver the most intelligent and intuitive analytics and visualization platform for every department and every user at any company”. Marc Benioff, Chairman and Co-CEO, Salesforce, said:

"We are bringing together the world's #1 CRM with the #1 analytics platform. Tableau helps people see and understand data, and Salesforce helps people engage and understand customers. It's truly the best of both worlds for our customers--bringing together two critical platforms that every customer needs to understand their world.”

Accenture (NYSE:ACN), along with digital services provider Avanada, has been recognized in a recently published report from IDC (International Data Corporation) for its leadership in worldwide Microsoft implementation services. An excerpt from the report reads:

“This relationship enables them to have a go-to-market strategy that is closely aligned with Microsoft's strategy to take customers to the path of digital transformation. Together, they offer solutions around digital customers, the digital workplace, business applications, Internet of Things (IoT), AI, cloud transformation, and engineering services that help facilitate a customer's digital transformation journey.”

Tech Entrepreneur Tej Kohli Invests $100 Million Into AI Ventures

The Financial Post reports that London-based tech entrepreneur Tej Kohli has invested $100 million into robotics-focused venture studio Rewired. The company invests in AI ventures, supporting companies such as Open Bionics, Aromyx and Seldon, which focus on prosthetics, sense digitization and machine learning, respectively. Kohli commented that current estimates for growth in AI markets are too low, and outlined his reasoning for thinking so:

“Conventional wisdom is too cautious. I predict that the global AI sector will be worth $150 trillion by 2025. My forecast is based on a five-part analysis:

● The Internet today is worth $50 trillion. You can take that and extrapolate it to at least three or four times as many applications as the Internet to get $150 trillion. I don’t see how it can be any less because AI has so many different industries and applications;

● Everything that is currently on the Internet can also be manifested through AI in smarter and better and more effective ways. These Internet-linked applications alone are worth hundreds of billions – and AI can be similarly applied across hundreds of other industries;

● The rapid pace of growth of AI in China, with Shenzen now a global hub of AI excellence that will surpass the ever more regulated Silicon Valley in the medium term;

● The global growth in 5G coverage plus ubiquitous smartphone usage removing technological barriers to embracing the AI revolution in a true Internet of Things

● That we are now at a tipping point, after which AI and machine learning will grow exponentially to underpin and benefit every single aspect of human life.

Sam Mowers, Investorideas.com

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Friday, June 7, 2019

The #AIEye: NICE (NasdaqGS: $NICE) Research Results Indicate Contact Center Compliance Can Be Improved With #AI, Automation and Pegasystems (NasdaqGS: $PEGA) Introduces AI-Powered Customer Empathy Advisor Capabil

The #AIEye: NICE (NasdaqGS: $NICE) Research Results Indicate Contact Center Compliance Can Be Improved With #AI, Automation and Pegasystems (NasdaqGS: $PEGA) Introduces AI-Powered Customer Empathy Advisor Capability

AI Penetration in Industry Verticals - IoT to Reach $9.5 Billion by 2024

Point Roberts WA, Vancouver BC – June 7, 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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https://www.investorideas.com/news/2019/artificial-intelligence/06071AIEye-NICE-PEGA.asp

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

Stocks discussed: (NasdaqGS:NICE) (NasdaqGS:PEGA)

NICE Ltd. (NasdaqGS:NICE) revealed the results of a research study which found that 91 percent of respondents “believe increasing contact center compliance software investment should be considered a priority in the next year” and that 83 percent of contact center professionals believe “their organization’s efforts towards customer privacy and private data safety need to be improved”. Barry Cooper, President of the Enterprise Group for NICE, explained the need for companies to adopt new technologies to improve service:

"Ensuring compliance requires contact centers to navigate a maze of regulations, standards and best practices, which are becoming increasingly resource draining for IT and compliance professionals. Businesses must leverage analytics, AI and automation to adopt a proactive approach, uphold the trust of their customers and simplify their employees' day to day tasks."

Pegasystems Inc. (NasdaqGS:PEGA) has introduced a new capability for its Pega® Customer Decision Hub called Customer Empathy Advisor. The new feature leverages AI to foster better customer relationships. An excerpt from the press release explains the feature:

At its core, the AI-powered Pega Customer Decision Hub analyzes customer data to guide customer-facing agents and virtual assistants to take the next best action with each customer. Its Customer Empathy Advisor feature takes this analysis one step deeper by examining how empathic these recommendations are and offers a more compassionate approach – which, contrary to popular belief, is often the most profitable strategy as well.

AI Penetration in Industry Verticals - IoT to Reach $9.5 Billion by 2024

A report from Research and Markets explores growth of AI in various industry verticals from 2019-2024, finding particularly that the AI in IoT market will reach $9.5 billion by 2024 with a compound annual growth rate (CAGR) of 28 percent. An excerpt from the report description captures the breadth of AI adoption in various markets:

Artificial Intelligence (AI) represents a combination of various technologies including Machine Learning, Deep Learning, Natural Language Processing, Computer Vision, Speech Recognition, Context-Aware Processing, Neural Network, and Predictive APIs. AI will be found in virtually everything, ranging from individual products and applications to widespread systems and networks. Network infrastructure and computing equipment will rely upon AI algorithms for decision making while at the device level AI will be built into electronics at the chipset level.

Sam Mowers, Investorideas.com

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Thursday, June 6, 2019

The #AIEye: IBM (NYSE: $IBM) Watson Leveraged by Spain’s Cerealto Siro Foods, NICE (NasdaqGS: $NICE) Introduces Quality Central Insight and Nuance (NasdaqGS: $NUAN) #AI-Powered Services Adopted by Canada’s Northern Health

The #AIEye: IBM (NYSE: $IBM) Watson Leveraged by Spain’s Cerealto Siro Foods, NICE (NasdaqGS: $NICE) Introduces Quality Central Insight and Nuance (NasdaqGS: $NUAN) #AI-Powered Services Adopted by Canada’s Northern Health

AI in Fintech to Reach $7.93 Billion Globally by 2025

Point Roberts WA, Vancouver BC – June 6, 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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Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/06061AIEye-IBM-NICE-NUAN.asp

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

Stocks discussed: (NYSE:IBM) (NasdaqGS:NICE) (NasdaqGS:NUAN)

Spanish food company Cerealto Siro Foods has employed IBM (NYSE:IBM) Watson to detect trends and inspire ideas in its food production process. A new snack created by the company – rice cakes with pea and lentil – was suggested by artificial intelligence-acquired data. Ángel Castán, head of the Consumer and Retail sector at IBM Spain, commented:

"Artificial intelligence augments the work of the researcher when it comes to finding inspiration for creating new recipes and products. The food industry now has a powerful assistant to help avoid hours of work and provide deep levels of insight to support decision-making and suggest appealing combinations of ingredients you may never have thought of.”

NICE Ltd. (NasdaqGS:NICE) has introduced a new contact center quality management innovation based on speech analytics technology called NICE Quality Central Insight. The new service analyzes written and spoken content from interactions to identify performance issues and provide targeted evaluations to help improve contact centre performance. Barry Cooper, President, NICE Enterprise Product Group, commented:

"Contact centers are challenged to monitor and deliver consistent, superior quality of service over the myriad of channels that customers demand. Furthermore, manual quality management processes hinder program effectiveness. NICE Quality Central Insight allows contact centers to take a holistic approach and reinvent their quality assurance programs to drive greater efficiency and offer exceptional customer service, giving them a clear competitive advantage.”

Canada’s Northern Health, which delivers healthcare services across northern British Columbia, has adopted the AI-powered Dragon Medical One (DMO) and PowerMic Mobile (PMM) platforms from Nuance Communications, Inc. (NasdaqGS:NUAN). Both services provide speech recognition solutions for Northern Health and streamline the documentation process for patients. Lisa Gregoire, Director of Health Information Management at Northern Health, said:

“We needed a solution that would help us de-silo the Canadian healthcare system, provide our workforce with an efficient way to accurately capture a patient’s complete story at the point-of-care, and provide an integrated approach across the care continuum—this is where Dragon Medical One was magic.”

AI in Fintech to Reach $7.93 Billion Globally by 2025

Research from Report Consultant finds that the global AI in fintech market will grow to $7.93 billion by 2025 with a compound annual growth rate (CAGR) of 40 percent, according to a press release from Industry Reports. An excerpt from the press release reads:

AI in FinTech focuses on how AI changed financial services. Recognizing the fact that start-ups in the financial industry should act as high-tech companies while respecting financial regulation, they emphasized the complexity of Fintech. Fintech relinquishes traditional financial practices that adhere to its customers’ financial inclusion and credit accessibility and customization. Artificial Intelligence enables FinTech in real time. AI creates a deep personalization. FinTech prioritizes the speed of financial services. FinTech changes the business model of financial services. Banks and FinTech companies do not pursue simple business collaboration.

Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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Investorideas.com - Clean Energy Sector Continues Growth Thanks to Software and Technology Innovation (OTC:CLSK) (OTC:SBGSY) (NYSE:ABB) (NYSE:GE)

Wednesday, June 5, 2019

The #AIEye: IBM (NYSE: $IBM) Launches Watson Ads Builder, Accenture (NYSE: $ACN) Teams to Develop Car Cabin of the Future and LogMeIn (NasdaqGS: $LOGM) Announces New #AI-Powered Bold360 Suite

The #AIEye: IBM (NYSE: $IBM) Launches Watson Ads Builder, Accenture (NYSE: $ACN) Teams to Develop Car Cabin of the Future and LogMeIn (NasdaqGS: $LOGM) Announces New #AI-Powered Bold360 Suite

AI Edge Processor Shipments to Hit 1.5 Billion by 2023 – IDC

Point Roberts WA, Vancouver BC – June 5, 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.

Listen to today’s podcast:

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/06051AIEye-IBM-ACN-LOGM.asp

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

Stocks discussed: (NYSE:IBM) (NYSE:ACN) (NasdaqGS:LOGM)

IBM (NYSE:IBM) has announced the launch of Watson Ads Builder, an AI-powered ad developer that creates a dialogue between the brand and consumer. The platform employs natural language processing to enable fast and accurate conversation with the consumer. Jeremy Hlavacek, Head of Revenue for IBM Watson Advertising, said:

"Consumer expectations are shifting, and people expect the ability to communicate with brands on demand. Watson Ads Builder can change where, when and how brands connect with consumers – helping marketers increase loyalty and purchase consideration."

Accenture (NYSE:ACN) has teamed with auto company Faurecia and tech firm Affectiva to develop the Connected Car Lab – “a digital product and service innovation facility that fits into a car … to ideate, test and develop applications and experiences for the car cabin of the future”. Dr. Rana el Kaliouby, co-founder and CEO of Affectiva, explained the collaboration’s development of the car cabin of the future:

“In next-generation vehicles, it will be critical for cars to understand what’s happening with the people inside of them to ensure road safety and optimize the in-cabin experience. Integrated with a platform like the Connected Car Lab, Affectiva’s Human Perception AI will unlock this awareness of all things human inside a vehicle, through a deep understanding of occupants’ moods, emotions, cognitive states, activities, interactions and more.”

LogMeIn, Inc. (NasdaqGS:LOGM) has announced a new suite of products built on its AI-powered Bold360 customer engagement platform. The new products, Bold360 Service, Advise and Acquire, are designed to take the customer experience to the next level. Paddy Srinivasan, SVP & General Manager, Customer Engagement & Support Solutions at LogMeIn, commented:

“Companies have an opportunity to elevate the experience they provide by moving beyond one-and-done interactions to create continuous engagements with their customers. We’re expanding Bold360 to deliver conversational AI to all customer touchpoints – from sales, to service, to post-sale support. This new suite of solutions helps bring the best of AI powered bots and front-line employees to all the places customers need them most.”

AI Edge Processor Shipments to Hit 1.5 Billion by 2023 – IDC

According to a press release yesterday, market intelligence firm International Data Corporation (IDC) forecasts that worldwide shipments of AI-optimized processors for edge systems will reach 340.1 million units in 2019, an increase of 170 percent over the previous year, and that by 2023, the market will reach unit shipments of 1.5 billion with a five-year compound annual growth rate (CAGR) of 64.9 percent. Michael J. Palma, research director in IDC's Enabling Technologies and Semiconductor research team, said:

"The success of AI resides in systems deployed to the edge, where instant decisions made by neural networks can actually create value, unfettered by latency and connectivity issues that can challenge cloud-based solutions. But the promise of AI at the edge depends on the development of highly efficient compute processing elements, optimized for AI workloads, that support the power-constrained nature of most edge systems. Currently, discrete accelerators offer the greatest performance but add to BOM costs. Eventual success will likely rest on the integration of AI-optimized processing elements within host processors."

Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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