The
#AIEye: Premier Health (CSE: $PHGI.C) to Leverage IBM #Watson (NYSE: $IBM),
NICE (Nasdaq: $NICE) Performance Management Utilizes #AI-Driven Analytics
Global
ANN Market to Hit $296 Million USD in 2024
Point Roberts WA, Vancouver BC – October 15, 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: (CSE:PHGI) (NYSE:IBM) (NasdaqGS:NICE) (ASX:BRN)
Canadian health technology firm Premier Health Group (CSE:PHGI) is working with IBM (NYSE:IBM) to leverage the latter’s Watson AI
into its patient centric telemedicine app. Dr. Essam Hamza, CEO of Premier Health,
commented:
“The
future of health is being transformed with technologies like AI, and we are
thrilled to be working with the experts at IBM. As a doctor and previous clinic
owner, I understand the frustrations patients have connecting with overstretched
clinic staff. In addition, inefficient use of resources amount to increasing
challenges in primary care. Our new initiative is curated for medical clinic
owners and operators to reduce the burdensome overhead associated with day to
day logistical operations while also improving patient care. The key for the
future sustainability of healthcare is efficient and streamlined workflows and
with the use of IBM’s cutting-edge AI technology, we have the power to
completely disrupt and revolutionize the delivery of healthcare.”
NICE Ltd (NasdaqGS:NICE)
is enhancing employee engagement and improving
organizational performance in its NICE Performance Management (NPM) solution
using AI-driven analytics. NPM’s AI-driven analytics will streamline
supervisory responsibilities. Barry Cooper, President, NICE Enterprise Group,
said:
"We
are excited to share these first-of-their-kind capabilities which revolutionize
the way organizations use and benefit from performance management. By
leveraging AI-based analytics, NPM eliminates the leg work supervisors
traditionally need to invest in. Moreover, organizations can now not only
measure the impact of coaching in terms of ROI but also continuously improve it
so that business objectives are consistently met – enabling a win-win-win for
employees, supervisors and the organization."
BrainChip Holdings Ltd (ASX:BRN)
is introducing its Akida Neuromorphic
System-on-Chip to audiences at the Linley Fall Processor Conference October 23
and 24 at the Hyatt Regency Hotel in Santa Clara, CA. BrainChip Chief
Development Officer Anil Mankar explained:
“Spiking
neural networks have many attractive characteristics, such as rapid learning
capabilities, and low compute and memory overhead. I am excited to have the
opportunity to share with attendees of the Linley Fall Processor Conference how
Akida’s capabilities open up hundreds of new possibilities for applications
operating at the edge.”
Global
ANN Market to Hit $296 Million USD in 2024
A report from Research and Markets finds that the global
Artificial Neural Network (ANN) market is projected to grow from $117 million
in 2019 to $296 million in 2024, with a compound annual growth rate (CAGR) of
20.5 percent in that forecast period. An excerpt from the report description reads:
The
ANN market is driven by enhanced processing power, learning ability, and speed
of neural networks to drive the growth of the market. However, Difficulty in
tracking the outcomes of in-process stages can hinder the growth of the ANN
market.
The
ANN market is segmented based on components, such as solutions, platform/API,
and services. The solution segment is expected to grow at a rapid pace during
the forecast period. An efficient ANN solutions offer greater flexibility to
developers for programming owing to the ability to design and train customized
deep neural networks, and it also provides interfaces to common programming
language. ANN solutions help organizations to perform such cognitive functions
as problem-solving and machine learning.
Sam Mowers,
Investorideas.com
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