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

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

IBM (NYSE:IBM) has announced plans to launch a new IBM Cloud multi-zone region (MZR) in Latin America by late 2020 as part of an expansion to its global cloud footprint. The MZR will be based in São Paulo, Brazil and will provide clients with IBM public cloud services, from enterprise-grade infrastructure to AI services. Tonny Martins, General Manager, IBM Brazil, said:

"Our continued cloud investment reflects that clients are increasingly seeking hybrid cloud environments that offer access to cutting edge tools including AI, analytics, IoT and blockchain to boost competitiveness. As companies in Brazil look to gain greater control of their data in the face of upcoming tighter compliance and protection regulations, IBM offers the cloud capabilities that allow them to innovate and take advantage of data from all sources across any hybrid multi-cloud environment."

NICE inContact, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has announced new partnerships in Australia that will bring the company’s cloud customer experience platform, CXone, to contact centres throughout the region. According to the press release, CXone leverages Omnichannel Routing, Analytics, Workforce Optimization, Automation and Artificial Intelligence technologies. The new partners include Converged Communication Network Applications Pty Ltd (CCNA) and Byte. Paul Jarman, NICE inContact CEO, explained:

“To meet the needs of our customers in all global markets, we continue to add new partners that are located across the world and who understand the unique requirements of customers in specific countries. We are pleased to announce new partnerships in Australia and New Zealand, including CCNA and Byte. NICE inContact CXone helps organizations of all sizes in all industries achieve their business goals with a unified, intelligent and complete cloud customer experience platform.”

Global AI in Cyber Security Market to Reach $30.9 Billion by 2025

A report from Zion Market Research finds that the global AI in Cyber Security market will grow from $7.1 billion in 2018 to $30.9 billion in 2025 with a compound annual growth rate (CAGR) of 23.4 percent in the forecast period 2019-2025. An excerpt from the report analysis reads:

The globally increasing IoT adoption and the number of connected devices have simultaneously increased the risk of cyberattacks. The rising number of cybercrimes is propelling the artificial intelligence (AI) in cyber security market. Some common cyber frauds faced by large enterprises are identity and payment card thefts, these cybercrimes when not resolved on time can lead to huge monetary losses. Cybersecurity providers are significantly using AI solutions for tackling such cyberattacks by early threat detection, response time reduction, and segregation as per priority. AI solutions not only provide wider security as compared to human potential but also simplify complete recognition and acknowledgment procedures related to cyber frauds. Thereby, the escalating cybersecurity risk incidences are prominently driving the artificial intelligence (AI) in cyber security market globally. However, the lack of technical expertise for AI application implementation may hinder the artificial intelligence (AI) in cyber security market growth to some extent. Furthermore, the emerging demand for cloud-based security solutions among various small- to medium-sized enterprises is anticipated to create lucrative market opportunities.

Sam Mowers, Investorideas.com

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Tuesday, August 27, 2019

The #AIEye: VMware (NYSE: $VMW) Completes Acquisition of Uhana and Baidu (Nasdaq: $BIDU) Makes Strategic Agreement with Chongqing Government

The #AIEye: VMware (NYSE: $VMW) Completes Acquisition of Uhana and Baidu (Nasdaq: $BIDU) Makes Strategic Agreement with Chongqing Government

Global #AI in IoT Market to Reach $19.9 Billion by 2025

Point Roberts WA, Vancouver BC – August 27, 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:VMW) (NasdaqGS:BIDU)

VMware, Inc. (NYSE:VMW) has completed the acquisition of AI and machine learning optimization provider Uhana. An article today from FierceTelecom quotes Gabriele di Piazza, vice president of managed products and solutions for telco NFV and edge cloud, VMware, on Uhana’s utility in 5G radio access networks (RANs):

"We see a major change coming with all the radio aspects. We invested in Uhana to provide fine-grained streaming analytics, which actually leverage direct feeds from radio networks, and then we can apply AI techniques, such as machine learning, to what we call observe, predict and control your network.

With Uhana, we are getting deep into the network. RAN is probably one of the most complicated assets that every telco is managing, and it's just about to become even more complicated with 5G and radio densification. We're getting to the heart of understanding the radio in every single session and transaction with Uhana."

Baidu, Inc. (NasdaqGS:BIDU) has announced a strategic partnership with the municipal government of Chinese city Chongqing to collaborate in areas including autonomous driving, smart cities, smart government and blockchain solutions. Robin Li, Co-Founder, Chairman and CEO of Baidu, explained:

"Chongqing is a city with an innovative spirit, and a national front-runner when it comes to promoting the comprehensive integration of AI and big data into the economy, as well as intelligent transformation and industrial upgrading.

As an AI company, Baidu has been committed to empowering all walks of life through AI. We believe that deepening cooperation between Baidu and Chongqing will accelerate technological innovation and applications in areas closely linked to people's everyday lives and Chongqing will become an intelligent and innovative mountain city attracting more worldwide attention.”

Global AI in IoT Market to Reach $19.9 Billion by 2025

A report from Zion Market Research finds that the global AI in IoT market will reach $19.9 billion USD by 2025 with a compound annual growth rate (CAGR) of 25.89 percent in the forecast period 2019-2025. An excerpt from the report analysis reads:

The AI in IoT market is gaining acceptance globally, owing to its rising demand by industrial sectors, enterprises, companies, and business[es] that have already implemented or are in the process of implementing AI in IoT to efficiently manage work. AI is playing a vital role in IoT as the former has secured its place in numerous sectors, such as vision sensors, to identify accuracy, product orientation, and enhanced process flow by decreasing waste and removing defective products. Moreover, the rising demand for road safety, growing concerns for new infrastructure and devices, such as sensors and video camera[s] to monitor drivers’ behavior and driving patterns to find the cause of road accidents, are also projected to propel the AI in IoT market over the predicted time period.

Sam Mowers, Investorideas.com

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Monday, August 26, 2019

The #AIEye: Cisco (Nasdaq: $CSCO) to Acquire CloudCherry, NVIDIA (Nasdaq: $NVDA) and VMware (NYSE: $VMW) to Deliver Accelerated GPU Services on #Cloud for AWS (Nasdaq: $AMZN)

The #AIEye: Cisco (Nasdaq: $CSCO) to Acquire CloudCherry, NVIDIA (Nasdaq: $NVDA) and VMware (NYSE: $VMW) to Deliver Accelerated GPU Services on #Cloud for AWS (Nasdaq: $AMZN)

Global Wearable #AI Devices Market to Reach $49.24 Billion by 2024

Point Roberts WA, Vancouver BC – August 26, 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/08261AIEye-CSCO-NVDA-VMW-AMZN.asp

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

Stocks discussed: (NasdaqGS:CSCO) (NasdaqGS:NVDA) (NYSE:VMW) (NasdaqGS:AMZN)

Cisco Systems, Inc. (NasdaqGS:CSCO) has announced its intent to acquire predictive analytics provider CloudCherry. According to the press release, this acquisition will help in Cisco’s new cognitive and collaborative contact center, which uses artificial intelligence and machine learning to empower agents in providing more personalized customer experiences. Vasili Triant, vice president and general manager, Cisco Contact Center Solutions, commented:

"We're thrilled to add CloudCherry's market leading customer experience management technology to our collaboration portfolio. This is the next step in realizing our vision for cognitive collaboration in the contact center, enabling the delivery of the best, most personalized customer experiences, ultimately improving customer loyalty and lifetime value."

NVIDIA Corporation (NasdaqGS:NVDA) and VMware, Inc. (NYSE:VMW) have announced their intent to deliver accelerated GPU services for VMware Cloud on AWS, a subsidiary of Amazon (NasdaqGS:AMZN), to power modern enterprise applications, including AI, machine learning and data analytics workflows. Jensen Huang, founder and CEO, NVIDIA, explained:

“From operational intelligence to artificial intelligence, businesses rely on GPU-accelerated computing to make fast, accurate predictions that directly impact their bottom line. Together with VMware, we’re designing the most advanced GPU infrastructure to foster innovation across the enterprise, from virtualization, to hybrid cloud, to VMware's new Bitfusion data center disaggregation.”

Pat Gelsinger, CEO, VMware, added:

“Our customers are embracing the unique value of VMware Cloud on AWS to accelerate the migration and modernization of business-critical applications. Through new innovations driven by partnerships we have with industry leaders such as NVIDIA and AWS, we will bring best-in-class GPU acceleration services for the most intense data-driven workloads and modern applications across the hybrid cloud.”

Global Wearable AI Devices Market to Reach $49.24 Billion by 2024

A report from Prescient & Strategic Intelligence finds that the global Wearable AI Devices market will grow from $11.18 billion USD in 2018 to $49.24 billion in 2024 with a compound annual growth rate (CAGR) of 29 percent in the forecast period 2019-2024. The following excerpts outline trends and drivers in the market:

Increasing demand for VR headsets is a key trend observed in the wearable AI devices market. With increasing smartphone penetration and growing trend of mobile and cloud gaming, the use of VR headsets among consumers is increasing. Furthermore, the video games market is expected to reach $92 billion by 2020 as compared to $76 billion in 2017. As a result, the market players are focusing on the launch of VR headsets to offer best visual experience, with additional focus on sound quality, and improve the overall gaming experience for the users.

Growing adoption of AI-supported wearables for healthcare applications is one of the major factors driving the wearable AI devices market, globally. This can be mainly attributed to the growing consumer focus on a healthy lifestyle and increasing awareness on AI-powered wearable devices and the convenience associated with them. AI-enabled wearables allow the users to track what they eat and how much they should sleep in addition to suggesting the changes in their routine to improve their fitness level.

Sam Mowers, Investorideas.com

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Friday, August 23, 2019

The #AIEye: VMware (NYSE: $VMW) to Acquire Carbon Black (Nasdaq: $CBLK) and Datametrex (TSXV: $DM.V) Enters LOI to Acquire Semeon Analytics

The #AIEye: VMware (NYSE: $VMW) to Acquire Carbon Black (Nasdaq: $CBLK) and Datametrex (TSXV: $DM.V) Enters LOI to Acquire Semeon Analytics

#AI in #IoT to Reach $21.1 Billion by 2026

Point Roberts WA, Vancouver BC – August 23, 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/08231AIEye-VMW-CBLK-DM.asp

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

Stocks discussed: (NYSE:VMW) (NasdaqGS:CBLK) (TSXV:DM)

VMware, Inc. (NYSE:VMW) has entered a definitive agreement to acquire Carbon Black, Inc. (NasdaqGS:CBLK) for $26 per share, representing an enterprise value of $2.1 billion. Carbon Black is a security cloud provider and will enable VMware to “better protect enterprise workloads and clients through big data, behavioral analytics and AI”. Pat Gelsinger, CEO, VMware, said:

“The security industry is broken and ineffective with too many fragmented solutions and no cohesive platform architecture. By bringing Carbon Black into the VMware family, we are now taking a huge step forward in security and delivering an enterprise-grade platform to administer and protect workloads, applications and networks. With this acquisition, VMware will also take a significant leadership position in security for the new age of modern applications delivered from any cloud to any device.”

Datametrex AI Limited (TSXV:DM) has entered into a binding letter of intent (LOI) to acquire all the outstanding shares of Montreal-based AI company Semeon Analytics Inc. Andrew Ryu, CEO and Chairman of Datametrex, commented:

“I am thrilled to announce signing this binding LOI with Semeon. We have been looking for an AI and machine learning company that would compliment Nexalogy and diversify the Company’s revenue stream. Nexalogy does great work with Government and Military clients focusing on the collection and analysis of unstructured data. Semeon has a very powerful AI, analytics, and reporting platform that focuses on structured data providing its clients with precise Voice of Customer analytics. Semeon has done a fantastic job securing many fortune 500 companies as clients and will provide Datametrex an additional platform to sell to our clients.”

AI in IoT to Reach $21.1 Billion by 2026

A report from Esticast Research finds that the global AI in IoT market will reach $21.1 billion USD by 2026 with a compound annual growth rate (CAGR) of 27.1 percent in the forecast period 2018-2026. An excerpt from the report overview reads:

IoT is about connecting machines and making use of the data generated from those machines. However, AI is about simulating intelligent behavior in machines of all kinds.

Effective management of data generated from IoT devices to gain valuable insights, and reduced maintenance cost and downtime are some of the factors driving the growth of the global AI in IoT market. However, lack of skilled workforce may act as some of the key hindrances for the market growth. Moreover, real-time monitoring to deliver an exceptional customer experience is likely to gain significant impetus for the AI in IoT market share in the coming years.

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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