#AIEye
Episode 381: CoreLogic (NYSE: $CLGX) Announces #AI-Driven Real Estate Platform
OneHome and IDOL from Micro Focus (NYSE: $MFGP) Named Leader in AI-Based Text
Analytics
AI-Based
#Cybersecurity Market to Grow by $16.53 Billion from 2020-2024
Point Roberts WA, Vancouver BC – July 2, 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:CLGX) (NYSE:MFGP)
CoreLogic, Inc. (NYSE:CLGX) has announced OneHome, an AI-driven platform
described as “a virtual, collaborative platform for real estate agents and
their clients looking to buy, sell or make improvements to a home.” Features of
the platform include: “a digital collaboration platform for real estate agents
and their clients, artificial intelligence-enabled search to find the right
home, an intuitive guide for the homebuyer and agent throughout the process and
a virtual marketplace that seamlessly connects homebuyers to mortgage, property
and casualty insurance and home improvement options.” Frank Martell, President
and CEO of CoreLogic, said:
"We
believe that the OneHome tool is a major step forward in providing millions of
home buyers with a richer and more efficient experience when buying and owning
a home, and we are thrilled to continue to enable real estate professionals and
other participants around the U.S. to make the dream of homeownership a reality
every day."
Micro Focus International plc (NYSE:MFGP)
has been named a leader in the 2020 Forrester AI-Based
Text Analytics Platforms Wave Report for IDOL, its unified AI-based platform.
Rick Carlson, VP of Product Management, Information Management &
Governance, Micro Focus, explained:
"With
hundreds of advanced analytics functions, as well as an open and scalable
architecture for third-party integration, IDOL lends itself to supporting a
broad spectrum of diverse AI use cases. Customers of IDOL have long recognized
its ability to serve as a single platform that comprehensively addresses all of
their unstructured data analytics needs, and we believe its proven performance
has earned it recognition as a Leader from Forrester."
AI-Based
Cybersecurity Market to Grow by $16.53 Billion from 2020-2024
A report from Technavio finds that the global AI-based
Cybersecurity market will grow by $16.53 billion from 2020-2024 while
decelerating with compound annual growth rate (CAGR) of around 24 percent. An
excerpt from the report snapshot outlines some key drivers and trends observed
in the market:
The
increasing adoption of cloud-based services is one of the major factors driving
the market growth. Enterprises are adopting cloud-based services for several
applications such as authentication processes, video management, biometric information
storage, and big data computing. Cloud-based solutions cater to the varying
need of customers owing to their flexibility and scalability in services.
Industries such as financial services, healthcare, and investigation firms
generate vast volumes of data that is stored on a cloud platform. SMEs are
steadily adopting cloud-based services to ensure the utmost security and
maintain end-user trust. Sectors such as BFSI, government, and healthcare, are
majorly susceptible to cybercrimes as they produce and store sensitive customer
information. Although the growth momentum will decelerate, the artificial
intelligence-based cybersecurity market will continue to register a CAGR of
about 24% throughout the forecast period.
Sam Mowers, Investorideas.com
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