The
#AIEye: VSBLTY (CSE: $VSBY.C) ( $VSBGF) and Sensormatic Join for Demo at NRF
Expo, IBM (NYSE: $IBM) Announces Agreement with Broadridge Financial Solutions
(NYSE: $BR), Baidu (NasdaqGS: $BIDU)Announces Smart Words Prediction for
Facemoji Keyboard App
Global
#AI in Energy Market to Reach $7.78 Billion by 2024
Point
Roberts WA, Vancouver BC – January 14, 2020
– 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/2020/artificial-intelligence/01141AIEye-VSBY-IBM-BR.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(CSE:VSBY) (VSBGF) (NYSE:IBM) (NYSE:BR) (NasdaqGS:BIDU)
VSBLTY
Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) and
software tech firm Sensormatic Solutions, the leading global retail solutions
portfolio of Johnson Controls (NYSE:JCI), have joined “to
demonstrate targeted display content that produces high impact advertising and
shopper insights, as well as context-based security and loss prevention, at the
National Retail Federation expo in New York City January 12-14.” VSBLTY
Co-founder and CEO Jay Hutton said:
"Retail
continues to change at an accelerated rate. Digital technology is being
leveraged to enhance the shopper journey while multiple methodologies are being
deployed to measure and maximize retail intelligence for both retailers and
major consumer brands."
Sensormatic
Solutions Head of Strategy Amin Shahidi commented:
"VSBLTY is an
important piece of our strategy. As retailers increasingly rely on in-store
video beyond security use cases, together with our analytics they can also
understand and provide contextual support of the shoppers' experiences."
IBM
(NYSE:IBM) and
fintech giant Broadridge Financial Solutions, Inc. (NYSE:BR) announced an
agreement to bring new cloud-based solutions to the latter’s clients in the
financial services industry. Mark Schlesinger, Broadridge's Chief Information
Officer, explained:
"The
Broadridge Private Cloud powered by IBM, will increase our ability to more
rapidly deliver next-gen and mission-critical solutions to our clients around
the world. Accelerating our cloud strategy will enable clients to leverage an
industry-leading, highly flexible and resilient technology platform and allow
Broadridge to accelerate our product roadmap, providing our clients with faster
access to new industry solutions incorporating the ABCDs of InnovationTM
(AI, Blockchain, Cloud, Digital).”
Baidu,
Inc. (NasdaqGS:BIDU) has announced a new
Smart Words Prediction feature on its Facemoji Keyboard app, which, in a test
scenario, increased prediction accuracy for frequently used phrases from 53.2
percent to 91.6 percent. According to the press release, “Facemoji Keyboard
utilizes machine learning methods for phrase mining to intelligently suggest
the next part of a common phrase.” Jiang Feng, director of Baidu’s Global
Business Unit, commented:
"Facemoji’s
technology makes hands-free texting super easy — with absolutely no chance of
embarrassing typos or faux pas. We now have unparalleled word and emoji
prediction, and the most accurate voice-to-text in the industry."
Global AI in Energy
Market to Reach $7.78 Billion by 2024
A
report from Research
and Markets finds that the global AI in Energy market
will grow to $7.78 billion by 2024 with a compound annual growth rate (CAGR) of
22.49 percent in the forecast period 2019-2024. An Expert Quote featured in the report description reads:
"Fleet and
asset management is one of the prominent applications of the AI in energy
market. The fleet assets at remote locations are difficult to monitor and
control. Any failure of assets without prior intimation leads to an increase in
operational downtime. Thus, the energy industry is adopting AI technology to
monitor and control the fleet assets across the supply chain. The AI-powered
hardware components integrated with the AI software ensures efficient operation
of oil & gas assets using vibration analytics, thereby ensuring a safe
working atmosphere. An AI-enabled fleet and asset monitoring solution using
computer vision provides visibility across the functioning of the equipment,
which further helps in investigating the asset performance.”
Sam
Mowers, Investorideas.com
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artificial intelligence stocks on Investorideas.com visit here
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