The
#AIEye: Coca-Cola (NYSE: $KO) Makes 5-Year Agreement with Microsoft (NasdaqGS:
$MSFT)
Global
Intelligent Virtual Assistant Market to Reach $45.1 Billion by 2027
Point Roberts WA, Vancouver BC – May 1, 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: (NYSE:KO) (NasdaqGS:MSFT) (TSXV:MCLD)
Coca-Cola (NYSE:KO) has announced a five-year agreement with Microsoft
(NasdaqGS:MSFT), wherein it will
leverage the latter’s Azure, Microsoft 365 and Dynamics 365 capabilities –
including AI-driven insights – to standardize its business operations and
enhance engagements and experiences. Judson Althoff, executive vice president,
Worldwide Commercial Business, Microsoft, commented:
"Coca-Cola
is a pioneer and forward-thinking leader in its industry. Today, the company is
taking its digital innovation a step further, leveraging Dynamics 365,
Microsoft 365 and Azure to better connect people and opportunities through
breakthrough productivity and powerful information management that will drive
continued business success over the next decade."
mCloud Technologies Corp. (TSXV:MCLD) has grown its total count of connected assets to
48,672, making for an approximate 18 percent increase in assets under
management quarter-over-quarter since Q4 2019. In the same press release,
mCloud announced a collaboration “with industry leaders and medical experts to
launch an extension to its AssetCare for Connected Buildings solution segment,
using IoT and AI to help restaurant owners and retail businesses return to work
quickly and safely as governments and health officials globally respond to the
current COVID-19 pandemic.” mCloud President Barry Po said:
"We
now want to use our AI and IoT capabilities to help retail and restaurant
owners get back to work as quickly as possible, helping them ensure they comply
with their local guidelines and assure their customers that their
establishments are safe to be in when they are permitted to open their
businesses again. This AssetCare package is a great example of how IoT and AI
can be used to make businesses resilient to the unexpected."
Global
Intelligent Virtual Assistant Market to Reach $45.1 Billion by 2027
A report published by Research and Markets finds that the global
Intelligent Virtual Assistant market is projected to reach $45.1 billion by
2027, with a compound annual growth rate (CAGR) of 34 percent in the forecast
period 2020-2027. An excerpt from the report’s description reads:
IVAs
[Intelligent Virtual Assistants] assist in simplifying human efforts [to] make
processes efficient, which is highly beneficial for all organizations. IVA
implementation has resulted in achieving productivity, work quality, and has
reduced the risk in scaling operations. Thus, there has been an increased
adoption of the device[s] across several applications, including retail, BFSI,
healthcare, automotive, consumer electronics, IT and Telecom, education, and
travel and hospitality. IVA providers are engaged in executing organic and
inorganic growth strategies such as new product launches, expansion,
collaborations, and partnerships.
Sam Mowers, Investorideas.com
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