The
#AIEye: Wipro (NYSE: $WIT) Promax Named “Best-in-Class” in New Report and NICE
(Nasdaq: $NICE) #Robotic Process Automation Leveraged by Telecom Giant
Global
#AI in Agriculture Market to See 28.38% CAGR from 2019-2024
Point Roberts WA, Vancouver BC – December 13, 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:WIT) (NasdaqGS:NICE)
Wipro Limited (NYSE:WIT)
has announced that its Wipro Promax Analytics
Solutions suite has achieved the best-in-class distinction for Trade Promotion
capabilities in Promotion Optimization Institute’s recently published “POI TPx Vendor Panorama 2019” report.
Srini Pallia, President, Consumer Business Unit, Wipro Limited, commented:
"We
are honored with this recognition. Wipro realizes its customers’ focus on
improving the ROI of their trade spend and provides innovative solutions. Our
Wipro Promax offering leverages latest innovations in AI and ML technologies to
deliver actionable insights and equip customers with predictive planning
capabilities through an intuitive user experience. Wipro’s recently launched
Auto Claims solution built on Wipro HOLMES™ AI and automation platform
complements Wipro Promax and third party TPM offerings. It helps customers gain
greater accuracy, speed and reduced administration cost for processing claims.
We are confident that our continued investments in Wipro Promax will drive
superior end-user experience, operational efficiency and profitability for our
customers."
NICE Ltd. (NasdaqGS:NICE)
has revealed that a leading multinational
telecommunications corporation in India has introduced the former’s AI-based
Robotic Process Automation (RPA) “to optimize both front- and back-office
workflows for increased productivity and customer satisfaction”. Darren
Rushworth, President of APAC at NICE, said:
"We
are pleased to have begun this relationship in India, assisting more
multinational organizations on their customer experience transformation
journey. In order to ensure maximum success and expand the RPA solution effectively
across the enterprise, we’ve collaborated in setting up a Center of Excellence
for employee training, workshops, and the identification of automation
opportunities with the optimum ROI potential. Currently on the agenda is the
introduction of NEVA (NICE Employee Virtual Attendant), who will free agents
from routine, low-value tasks that consume so much of their time each
day."
Global
AI in Agriculture Market to See 28.38% CAGR from 2019-2024
A report from Research and Markets finds that the global AI
in Agriculture market will exhibit a compound annual growth rate (CAGR) of
28.38 percent in the forecast period 2019-2024. An excerpt from the report
description reads:
The
reported growth in the market is expected to be driven by the increasing need
to optimize farm operation planning, growing demand to derive insights from
emerging complexities of data-driven farming and rising development of
autonomous equipment in agriculture.
Artificial
intelligence has emerged to be a strong driving force behind the growth of
data-driven farming. Regions and countries where agriculture is the major
source of livelihood and sustenance, artificial intelligence technology has led
to greater profitability in the farms of those economies. The reduction in
expenditure and resultant positive RoI with AI’s integration in farm equipment
and operations has even reached above 30% in a few countries. Such favorable
advantages associated with the technology have led to extensive investments by
all types of stakeholders including government, private investors,
corporations, and academic institutions, from across the world.
Sam
Mowers, Investorideas.com
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