The
#AIEye Episode 400: IBM (NYSE: $IBM) Collaborates with Influential on #AI-Enabled
Social Targeting Solution, Nuance (NasdaqGS: $NUAN) Expands Cerner (NasdaqGS: $CERN)
AI Collaboration to Include and Integrate Virtual Assistant Tech
Global
AI in Diagnostics to Reach $3 Billion by 2027
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:IBM) (NasdaqGS:NUAN) (NasdaqGS:CERN)
IBM (NYSE:IBM), in collaboration with AI-powered
social data and conversion firm Influential, has announced the launch of Watson Advertising
Social Targeting. The press release describes Watson Advertising Social
Targeting as “a new solution that harnesses artificial intelligence (AI) to
help brands identify influencers that best align with their brand values.” Bob
Lord, SVP of Cognitive Applications, Blockchain and Ecosystems, IBM, explained:
"Brand
reputation matters now more than ever. Using social media to help drive
purchase consideration is important as brands implement influencer marketing
strategies to establish real connections with consumers. Together with Influential,
we're building trust into the ecosystem by applying IBM Watson to help clients
select an influencer that aligns to their brand values, exemplifying our belief
that AI can and should be the backbone of the new digital economy."
Nuance Communications, Inc. (NasdaqGS:NUAN) has announced an expansion of its long-standing AI
collaboration with Cerner Corporation (NasdaqGS:CERN), which will see the inclusion
and integration of Nuance's virtual assistant technology into the Cerner Millennium electronic health
record (EHR). Tanuj Gupta, vice president and physician executive, Cerner
Intelligence, Cerner, commented:
"Health
systems and their care teams are facing unprecedented challenges as they strive
to deliver great patient care while dealing with extreme financial pressures
and a worldwide pandemic. At Cerner, we are committed to continuing to deliver
leading-edge AI-powered solutions, leveraging our open platform approach, to
reduce the administrative burden on care teams so they can focus on the patient.
With digital transformation happening at a breakneck speed, we are excited to
expand our leading AI-enabled technology offerings with Nuance to help us
fulfill this mission."
Global
AI in Diagnostics to Reach $3 Billion by 2027
A report from Grand View Research finds that the global AI
in Diagnostics market will grow from $288.1 million in 2019 to $3 billion in
2027 with a compound annual growth rate (CAGR) of 32.3 percent in the forecast
period 2020-2027. An excerpt from the report summary outlines the role of the
services segment in the market’s growth:
“…the
services segment is expected to emerge at a significant growth rate over the
forecast period. System integration services, support and maintenance,
training, and education are major part of the service segments of the market
for AI in diagnostics. Rising demand for uninterrupted data flows between
devices and people to boost security, efficiency of medical devices and enhance
informed decision making in real-time are some of the factors expected to drive
the segment. Moreover, increasing awareness regarding cloud-based technologies,
remote device management services, and application programming interfaces among
healthcare professionals are a few of the key factors responsible for the
growth of the segment.”
Sam Mowers, Investorideas.com
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