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Friday, October 18, 2019

The #AIEye: NICE (Nasdaq: $NICE) Reveals Study Findings Regarding #AI in Contact Centers and MicroStrategy (Nasdaq: $MSTR) Partners with AI Leader DataRobot

The #AIEye: NICE (Nasdaq: $NICE) Reveals Study Findings Regarding #AI in Contact Centers and MicroStrategy (Nasdaq: $MSTR) Partners with AI Leader DataRobot

Global Emotion AI Market to See 17% CAGR from 2019-2025

Point Roberts WA, Vancouver BC – October 18, 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:

https://www.investorideas.com/Audio/Podcasts/2019/101819-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/10181AIEye-NICE-MSTR.asp

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

Stocks discussed: (NasdaqGS:NICE) (NasdaqGS:MSTR)

NICE inContact, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has revealed the results of a new study, titled: AI-Infused Contact Centers Optimize Customer Experience. One finding is that of contact center leaders polled, 64 percent plan to increase their AI investment over the coming year. This includes applications in personalized agent and customer matching, augmenting agent capabilities to improve productivity, and support for management tasks such as workforce management. Paul Jarman, NICE inContact CEO, commented:

“The Forrester study found that 98 percent of businesses believe that contact centers are instrumental in improving customer experience. Leveraging AI to increase contact center operational efficiencies while creating omnichannel agents adept at handling digital as well as voice interactions needs to be a top priority. Higher interaction volume puts a heavy strain on agents, and AI has an incredible role in easing that burden so agents can provide the very best experiences to customers. NICE inContact has invested heavily to infuse CXone with end-to-end AI capabilities to address real-life challenges and help contact center leaders and agents stay one step ahead throughout customer journeys.”

MicroStrategy Incorporated (NasdaqGS:MSTR) has announced a new technology partnership with AI leader DataRobot, aimed at making it “easier for businesses to integrate AI into their most popular applications and core processes by leveraging HyperIntelligence cards to deliver AI-driven insights and recommendations”. Seann Gardiner, EVP of Business Development at DataRobot, explained:

“Organizations want to extract value from their enterprise data, yet often struggle with adopting AI in a way that drives measurable business impact due to lack of technical skill or dedicated data science resources. Through our technology partnership with MicroStrategy, organizations can now leverage best-of-breed technology to develop thoughtful applications that integrate predictive and prescriptive modeling across all areas of the business. The powerful combination of DataRobot and MicroStrategy can broaden the users who contribute to and succeed with AI.”

Global Emotion AI Market to See 17% CAGR from 2019-2025

Research from Market Insights Reports finds that the global Emotion Artificial Intelligence market will exhibit a compound annual growth rate (CAGR) of 17 percent in the forecast period 2019-2025. An excerpt from the report description outlines the market:

Emotion AI is a new field that analysis of a person's verbal and non-verbal communication in order to understand the person's mood or attitude, then can be used in CRM (Customer Relationship Management) area, such as to identify how a customer perceives a product, the presentation of a product or an interaction with a company representative.

Sam Mowers, Investorideas.com

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Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Reports Preliminary Results for First Nine Months of 2019; Expects Revenue Up 42.6% to Record $24.6 Million; @weylandtechinc

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Reports Preliminary Results for First Nine Months of 2019; Expects Revenue Up 42.6% to Record $24.6 Million; @weylandtechinc

NEW YORK - October 18, 2019 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL), a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™ Platform-as-a-Service (PaaS), has reported selected preliminary unaudited financial results for the third quarter and nine months ended September 30, 2019.

For the third quarter 2019, the company expects record revenue of approximately $9.0 million, which would represent an increase of 6.6% compared to the third quarter of 2018. For the first nine months of 2019, the company expects record revenue of approximately $24.6 million, which would represent an increase of 42.6% versus the same year-ago period. The company also expects to turn adjusted EBITDA positive in the third quarter.

Read this in full at https://www.investorideas.com/CO/WEYL/news/2019/10181PreliminaryResults.asp

"These anticipated record results reflect the accelerating growth in our recurring revenue from CreateApp subscription fees," said Brent Suen, CEO of Weyland Tech. "While we expect to generate positive adjusted EBITDA in the third quarter, we plan to continue to reinvest in efforts designed to gain customers and market share."

"The growth in recurring revenue was largely due to greater adoption of CreateApp by SMBs in our existing markets as driven by our highly-productive channel partners," continued Suen. "The increased adoption included new customers as well as existing customers subscribing to additional features and modules. This momentum has continued into the fourth quarter, keeping us on track for another year of record growth."

The selected preliminary unaudited financial results set forth above are based solely on currently available information which has not been reviewed by the company's independent auditors and is subject to change. Readers are cautioned not to place undue reliance on such selected preliminary unaudited financial results, which constitute forward looking statements as further described below.

About Weyland Tech

Weyland Tech, Inc. is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, Weyland enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

The company's subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world's fourth most populous country. AtozGo is a fast-growing short-distance food delivery service in Jakarta, Indonesia.

For more information, visit www.weyland-tech.com.

Important Cautions Regarding Forward Looking Statements

This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Company Contact

Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact

Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: Weyland Tech, Inc. (OTCQX: WEYL), is a monthly paying featured tech stock on Investorideas.com .More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp. Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Thursday, October 17, 2019

The #AIEye: IBM (NYSE: $IBM) Joins Mayflower Autonomous Ship Project, Microsoft (Nasdaq: $MSFT) and Nuance (Nasdaq: $NUAN) Work Together to Accelerate Ambient Clinical Intelligence

The #AIEye: IBM (NYSE: $IBM) Joins Mayflower Autonomous Ship Project, Microsoft (Nasdaq: $MSFT) and Nuance (Nasdaq: $NUAN) Work Together to Accelerate Ambient Clinical Intelligence

Global #AI in Fashion Market to Reach $1.26 Billion USD by 2024

Point Roberts WA, Vancouver BC – October 17, 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:

https://www.investorideas.com/Audio/Podcasts/2019/101719-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/10171AIEye-IBM-MSFT-NUAN.asp

Hear the Ai Eye on Spotify

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

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

IBM (NYSE:IBM) has joined a global consortium of partners, led by marine research organization ProMare, that are building an unmanned, fully-autonomous ship that will cross the Atlantic on the fourth centenary of the original Mayflower voyage in September 2020. Called the Mayflower Autonomous Ship (MAS), it will leverage IBM technology, including AI, to “navigate autonomously and avoid ocean hazards as it makes its way from Plymouth, England to Plymouth, Massachusetts”. Andy Stanford-Clark, Chief Technology Officer, IBM UK & Ireland, commented:

"IBM helped put man on the moon and is excited by the challenge of using advanced technologies to cross and research our deepest oceans. By providing the brains for the Mayflower Autonomous Ship, we are pushing the boundaries of science and autonomous technologies to address critical environmental issues."

Microsoft (NasdaqGS:MSFT) and Nuance Communications, Inc. (NasdaqGS:NUAN) have joined to accelerate the delivery of ambient clinical intelligence (ACI) technologies and transform healthcare. Nuance’s Dragon Medical platform, conversational AI and voice biometrics will work in tandem with Microsoft Azure AI and natural language processing to “deliver a seamless and engaging interaction between clinicians and patients”. Dr. James Linder, CEO of Nebraska Medicine, said:

"Physician burnout has become one of the most important concerns facing the healthcare industry today. We're excited about the early results of ACI to help clinicians focus more on patients. We look forward to the innovations our two trusted partners, Nuance and Microsoft, will deliver together."

Global AI in Fashion Market to Reach $1.26 Billion USD by 2024

A report from Markets and Markets finds that the global AI in Fashion market will grow from $228 million in 2019 to $1.26 billion by 2024 with a compound annual growth rate (CAGR) of 40.8 percent in the forecast period. An excerpt from the report’s press release reads:

With the rising adoption of social media and increasing customer awareness, fashion retailers are trying to provide every best possible service to their customers to enhance trust and hold them for a longer time. Hence, product recommendation has become important to engage customers in an effective way with the growing online sales trends, fashion retailers have started deploying AI-powered recommendation systems in order to make personalized product recommendations based on shoppers buying history, style, taste, and preferences. Therefore, the growth of this application would continue to grow during the forecast period.

Fashion stores include online fashion stores and offline fashion stores that have started deploying AI technologies into their operations. The fashion store end-user segment is estimated to account for the largest size during the forecast period. Increasing deployment of cloud-based AI-powered solution by fashion retailers has enabled brands to gain a competitive advantage over other players.

Sam Mowers, Investorideas.com

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

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Wednesday, October 16, 2019

Special Edition #AIEye Podcast: GBT Technologies Inc. (OTC PINK: $GTCH) and Cognizant (NasdaqGS: $CTSH) Discuss #ArtificialIntelligence in #Medicine and #Banking

Special Edition #AIEye Podcast: GBT Technologies Inc. (OTC PINK: $GTCH) and Cognizant (NasdaqGS: $CTSH) Discuss #ArtificialIntelligence in #Medicine and #Banking

Point Roberts WA, Vancouver BC – October 16, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s special edition of The AI Eye.

Today’s podcast features recent interviews with [two] experts in top AI management

positions discussing recent developments within their companies and the overall sector: Dr. Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH), and Mr. Babak Hodjat, VP of Evolutionary AI, Cognizant Technology Solutions Corporation (NasdaqGS:CTSH).

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/10161AIEye-GTCH-CTSH.asp

Listen to the podcast interview with Dr. Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH) discussing the company’s recently announced implementation and development of recurrent relational reasoning (RRN) in its AI, and its applications in the medical field.

https://www.investorideas.com/Audio/Podcasts/2019/101419-AI-Eye-GBT.mp3

In a recently published press release, GBT Technologies CTO, Dr. Danny Rittman explained the company’s rationale for incorporating recurrent relational reasoning (RRN) into its Avant! AI:

"Our goal is to implement a fundamental part of human intelligence called relational reasoning, which is planned to enable Avant! to acquire expertise on its own by understanding object's relations. Avant! will include an advanced artificial neural network (ANN) capable of pattern recognition and reasoning about those patterns which is very similar to the human brain.”

In an interview with Investorideas.com, Dr. Rittman identified the shortcomings of ANN on its own, and how integrating RRN improved the AI performance:

“This type of technology is perfect to recognize the actual object, but it doesn’t do well when it comes to interaction between objects,” he said.

“That’s why we decided to implement and start development for the RRN (Recurrent Relational Network), which [is] very good for the interaction between objects. So, the major advantage of the Recurrent Relational Network is that they can actually perform what we call ‘reasoning between objects’.”

A major application of this object relational reasoning is in the field of medical imaging, according to Rittman. A recently-published report from Technavio finds that the global Medical Imaging market is projected to grow $9.55 billion USD from 2019 to 2023, with a compound annual growth rate (CAGR) of 5 percent in the forecast period. An excerpt from that report outlines the role of AI in the market’s growth:

With the advent of advanced technologies such as artificial intelligence and machine learning, vendors have been integrating AI into medical imaging devices. This is one of the key medical imaging market trends that will gain traction over the forecast period. AI-enabled medical imaging allows users to automate and standardize complex diagnostic procedures, improve patient experience outcomes, and reduce the costs. Vendors are also developing AI platforms for end-users such as hospitals to manage medical imaging data, which help clinicians in making quick diagnosis decisions. The factors will increase the adoption of AI-enabled medical imaging among hospitals and clinics, subsequently driving market growth at a CAGR of over 5% during 2019-2023.

Dr. Rittman echoes this by picking out specific applications of AI, particularly with RRN integration:

“If you want to identify suspicious objects – let’s say within an MRI scan or a CT scan image or an X-ray image – our RRN will actually scan the data, make sure it actually knows and understands relations between objects … and then will be able to alert us,” he said.

“It is a process of evolution. It will only get better with time.”

Listen to the podcast interview with Mr. Babak Hodjat, VP of Evolutionary AI, Cognizant Technology Solutions Corporation (NasdaqGS:CTSH) discussing the role of AI and ML in the banking and finance space.

https://www.investorideas.com/Audio/Podcasts/2019/101419-AI-Eye-Cognizant.mp3

Professional services firm Cognizant Technology Solutions Corporation’s report, Leveraging AI to Shape the Digital Future of Banking (Part 2), analyzes the already vast application of AI in the banking and finance sector. Investorideas.com spoke to the company’s VP of Evolutionary AI, Babak Hodjat, who explained where the $3.3 billion USD spent on AI applications by banks in 2018 was going:

“According to IDC, much of the $3.3 billion is being spent around automated threat intelligence and prevention systems,” he said. “fraud analysis, investigations, program advisors, recommendation systems. And that’s what we see as well in the market is, generally speaking, people who already have incumbent models – basically statistics-based primarily – and lots of data that they’ve collected around them are looking to augment and improve these models using AI.”

Hodjat outlined the use of machine learning technology in back office application:

“Primarily these are improved data-driven decisions using machine learning,” he said. “They have been used in areas such as fraud detection. We see a lot of contract digitization and standardization that people are using bits and pieces of AI models for, ranging from the actual OCR (Optical Character Recognition) and scanning … all the way to slot-filling and natural language-based approaches to take legacy contracts and map them to structured databases for further and future use…”

“We also see some use in risk management. There are other use cases where it can be used, and as Cognizant we are promoting that, but it’s still in its infancy. But those are areas such as compliance, task assignment, product hyper-personalization – even HR is an area where throughout the HR process AI can be used in the decision-making, and the list goes on.”

The growth of this market is attested to in a report from Prescient & Strategic Intelligence, which finds that the global AI in BFSI (banking, financial services and insurance) will exhibit a compound annual growth rate (CAGR) of 37.2 percent from 2019 to 2024.

According to Hodjat, AI adoption is well under way, whether it is applied in improving existing models or actually being an active ingredient in enterprise decision-making.

“Companies are on an AI journey,” he said. “It starts with the data and leads to improvements in models. Incumbent models can be improved. We can add measures of certainty to existing models, all the way to improving models and replacing them with advanced AI. But, it shouldn’t stop there and I think it should continue on to the point where we actually take the insights that we expect from the models and also augment the decision-making itself. I think we have to take it all the way to the point where we impact our enterprises decision-making using AI.”

For a list of artificial intelligence stocks find more info on becoming an Investor Ideas member

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: GTCH is a monthly paid featured news and social media client on Investorideas.com. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

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Friday, October 18, 2019

The #AIEye: NICE (Nasdaq: $NICE) Reveals Study Findings Regarding #AI in Contact Centers and MicroStrategy (Nasdaq: $MSTR) Partners with AI Leader DataRobot

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Reports Preliminary Results for First Nine Months of 2019; Expects Revenue Up 42.6% to Record $24.6 Million; @weylandtechinc

Thursday, October 17, 2019

The #AIEye: IBM (NYSE: $IBM) Joins Mayflower Autonomous Ship Project, Microsoft (Nasdaq: $MSFT) and Nuance (Nasdaq: $NUAN) Work Together to Accelerate Ambient Clinical Intelligence

Wednesday, October 16, 2019

Special Edition #AIEye Podcast: GBT Technologies Inc. (OTC PINK: $GTCH) and Cognizant (NasdaqGS: $CTSH) Discuss #ArtificialIntelligence in #Medicine and #Banking