The
#AIEye Episode 387: Microsoft (NasdaqGS: $MSFT) and Samsung Collaborate to
Transform Real Estate with Smart Appliances and Digital Cloud, HPE (NYSE: $HPE)
to Acquire SD-WAN Leader Silver Peak
Global
#AI in #Agriculture Market to Reach $4.43 Billion by 2027
Point Roberts WA, Vancouver BC – July 13, 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) (KSE:005930) (NYSE:HPE)
Microsoft (NasdaqGS:MSFT) and Samsung (KSE:005930) have announced a global collaboration to transform
the real estate development and property management industries, through the
combination of smart appliances and digital cloud technologies. Specifically,
this pairs Microsoft's Azure IoT platform and productivity cloud services with
Samsung's smart devices and SmartThings platform, the former of which leverages
machine learning and AI. Chanwoo Park, corporate vice president heading up the
IoT Biz Group at Samsung, explained:
"We
believe collaboration with a key partner like Microsoft is essential for
innovation, as the company shares our vision of inspiring the world to shape
the future by innovating in technology and products. Providing building owners
and operators with a robust and powerful set of tools to help them optimize
their building costs and equipment, including the management of Samsung's
connected appliances and other devices, is paramount to our long-term alliance.
Together with Microsoft, we are helping to solve real challenges faced by our
customers by creating secure integrated insight and digital solutions that keep
properties functioning sustainably and efficiently while providing better
experiences for residents."
Hewlett Packard Enterprise Company (NYSE:HPE) has entered into a definitive agreement to
acquire Silver Peak, described in the press release as “an SD-WAN
(Software-Defined Wide Area Network) leader.” Keerti Melkote, president of
Intelligent Edge for Hewlett Packard Enterprise, explained:
"Today’s
announcement comes at a unique moment for our customers, who are grappling with
business recovery in the wake of the pandemic. The need for edge-to-cloud
architectures has never been more relevant as enterprises look to extend
connectivity to branch locations and enable secure work-from-home experiences.
Silver Peak’s technology transforms legacy WAN architectures to self-driving
WANs, which is a perfect fit with Aruba’s cloud-native, AI-driven Edge Services
Platform. Together, we will be able to meet these needs with critical
connectivity, security, and AI capabilities to drive the next generation of
Edge-to-Cloud transformation."
Global
AI in Agriculture Market to Reach $4.43 Billion by 2027
A report published by Research and Markets finds that the global AI
in Agriculture market will grow from $0.65 billion in 2018 to $4.43 billion by
2027 with a compound annual growth rate (CAGR) of 23.7 percent in that forecast
period. The report identifies market drivers as “increasing implementation of
data generation through sensors and aerial images for crops, rising crop
productivity through deep-learning technology, and government support for the
adoption of modern agricultural techniques,” but cites the “high cost of
gathering precise field data,” as an impediment to growth.
Sam Mowers, Investorideas.com
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