The
#AIEye: Arlo (NYSE: $ARLO) and Verisure Close Definitive Acquisition Agreement
and Aurora Mobile (NasdaqGS: $JG) Launches Mini Program Version of iAPP
European
#MachineLearning Market to See 34.35% CAGR from 2019-2027
Point
Roberts WA, Vancouver BC – January 2, 2020
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Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(NYSE:ARLO) (NasdaqGS:JG)
Monitored
security solutions provider Verisure Sàrl and Arlo Technologies, Inc. (NYSE:ARLO) have successfully closed definitive agreements to create a
strategic partnership. This involves the acquisition by Verisure of Arlo's
European commercial operations, enabling the former to “create the first
European multi-channel go-to-market strategy for consumer security and
surveillance services”. An excerpt from the press release reads:
As part of the
transaction Verisure now assumes full ownership of Arlo's European commercial
operations, including sales, marketing and customer care. Arlo users will
continue to enjoy the same user experience through the Arlo app and services
such as Arlo Smart, and all backend services including cloud recordings will
continue to be managed and operated by Arlo Technologies.
Aurora
Mobile Limited (NasdaqGS:JG), a leading mobile developer
service provider in China which leverages AI and machine learning, has “launched a mini program version of its product
iAPP which provides mobile internet companies and investors with real-time data
and deeper insights into market trends to help them make better business
decisions”. Fei Chen, Co-Founder and President of Aurora Mobile, commented
“We are excited to
launch a new and innovative mini program version of iAPP which I am confident
will allow our clients to make better business decisions in real-time. Mini
programs have been growing rapidly and have become one of the hottest marketing
channels in China. Leveraging the big data analytics functions of our iAPP mini
program, mobile internet companies will be able to refine their mini program
operating strategies in real-time and better position themselves in the market.
In addition, we believe this mini program will create significant value for
investors seeking new market opportunities by closely tracking industry
dynamics.”
European Machine
Learning Market to See 34.35% CAGR from 2019-2027
A
report from Research and Markets finds that the European
Machine Learning market will witness a compound annual growth rate (CAGR) of
34.35 percent from 2019 to 2027. The report description indicates that “the
enhanced use of Big Data in the healthcare industry and the heightened adoption
of autonomous vehicles in Germany are propelling the growth of the country’s
machine learning market”. An excerpt reads:
In the field of
medicine, Big Data is deployed for computing complicated statistics in massive
amounts so as to deliver trends & patterns which are crucial for
applications in the healthcare industry. Big Data aids physicians in
anticipating problems before they occur. The Elsevier Health Analytics Group
has revolutionized patient care in Germany by deploying Big Data. The company
is closely coordinating with health economists, physicians, statisticians, IT
specialists and analysts for growing the evidence-driven knowledge on
appropriate treatments. This is managed by Big Data in healthcare and
appropriately used by medical professionals with the help of AI. The deployment
of Big Data in healthcare has thus augmented the growth of Germany’s market for
machine learning.
Sam
Mowers, Investorideas.com
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