The
#AIEye: Microsoft (NasdaqGS: $MSFT) Announces #AI and #Cloud Alliance with #NBA,
Transports Vervaeke Selects Mist Platform from Juniper Networks (NYSE: $JNPR)
for Digital Transformation
Global
AI Wearable AI Market to Reach $38.3 Billion by 2025
Point Roberts WA, Vancouver BC – April 17, 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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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:MSFT) (NYSE:JNPR)
Microsoft (NasdaqGS:MSFT)
has announced a new multiyear alliance with the
National Basketball Association (NBA), wherein the former will become the
Official Artificial Intelligence Partner and an Official Cloud and Laptop
Partner for the latter, as well as the Women's National Basketball Association
(WNBA), NBA G League, and USA Basketball starting with the 2020-2021 season.
The alliance will see Microsoft and NBA Digital “create a new, innovative,
direct-to-consumer platform on Microsoft Azure that will use machine learning
and artificial intelligence to deliver next-generation, personalized game
broadcasts and other content offerings as well as integrate the NBA's various
products and services from across its business.” Satya Nadella, CEO, Microsoft,
said:
"We
are thrilled to serve as the official AI partner of the NBA. Together, we'll
bring fans closer to the game and players they love with new personalized
experiences powered by Microsoft Azure."
International chemical and fuel logistics provider
Transports Vervaeke has selected the Wireless LAN (WLAN) platform from
Mist Systems, a subsidiary of Juniper Networks, Inc. (NYSE:JNPR),
to improve their operations and employee efficiency. Mario De Smedt, IT
Manager, Transports Vervaeke, explained:
“We
are in the midst of a full digitalization of our company and we have made a lot
of progress around our processes and information flows to ensure smooth
operations and continued growth. With Mist’s AI-driven solution, we can
revolutionize our operational environment, deliver a better experience for our
employees and optimize our business processes.”
Global
AI Wearable AI Market to Reach $38.3 Billion by 2025
Research published by Report Linker finds that the global
Wearable AI market is projected to reach $38.3 billion by 2025 with a compound
annual growth rate (CAGR) of 20.2 percent in the forecast period 2019-2025. An
excerpt from the report summary outlines the market growth:
[The]
Wearable AI market has been witnessing exponential growth due to a growing
proliferation of emerging technologies, including AI and 5G smartphone
penetration. Smartphones are commonly used for storing and analyzing data
obtained from wearable devices. The rapid growth of the smartphone industry has
increased the production of android & IoT-enabled responsive and
user-friendly applications for wearable devices. Other factors that drive
market growth include rapid urbanization and increasing disposable incomes in
developing economies, which determine future trends in wearable technology.
Sam Mowers, Investorideas.com
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