#AIEye
Episode 402: Global Payments (NYSE: $GPN) Selects AWS (NasdaqGS: $AMZN) as
Preferred Cloud Provider, Google (NasdaqGS: $GOOG) Partners with ADT (NYSE: $ADT)
for Smart Home Security Solutions
Global
AI in Homeland Security, Public Safety & National Security to Exhibit 18.5%
CAGR from 2020-2025
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Today’s
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AI Eye- Watching stock news, deal tracker and advancements
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Stocks
discussed: (NYSE:GPN) (NasdaqGS:AMZN) (NasdaqGS:GOOG) (NYSE:ADT)
Global Payments Inc. (NYSE:GPN) has selected Amazon Web Services (AWS), a
subsidiary of Amazon (NasdaqGS:AMZN), as its preferred cloud
provider for issuer processing. As part of the two firms’ agreement, Global
Payments will leverage “a range of AWS services, including storage, compute,
database, security, analytics and machine learning to fulfill compliance
requirements, enable new cloud-based services, and enhance customer experiences
for its clients and their cardholders.” Andy Jassy, CEO of AWS, said:
"We
look forward to working with Global Payments to bring payment issuer solutions
to new geographic regions and more customers throughout the world. By
leveraging the proven scalability and reliability of the world’s leading cloud,
Global Payments is providing the tools for businesses to manage the card
issuance lifecycle and transform the way that the payments industry
operates."
Google (NasdaqGS:GOOG)
and security and smart home solutions provider ADT Inc. (NYSE:ADT) are entering into a “long-term partnership to
create the next generation of smart home security offerings.” According to the
press release, this will involve the bringing together of Google’s machine
learning technology with ADT’s installation, service and professional
monitoring network. Jim DeVries, President and CEO of ADT, commented:
“We
are thrilled to partner with Google to provide the smart home market with a
strong, differentiated product and service offering that integrates the best
technology, hardware and smart home security expertise from our two brands.
Google’s partnership and financial investment in ADT underscores the depth of our
joint commitment to the smart home and security markets. Our entire leadership
team is looking forward to continuing our work with Google as we define the
future of helpful home security and build a productive long-term partnership.”
Global
AI in Homeland Security, Public Safety & National Security to Exhibit 18.5%
CAGR from 2020-2025
A report published by Research and Markets finds that the global AI
in Homeland Security, Public Safety & National Security market will exhibit
a compound annual growth rate (CAGR) of 18.5 percent in the forecast period
2020-2025. An excerpt from the report description reads:
The
use of AI and machine learning by homeland security, defense, public safety
organizations and intelligence agencies is on the rise, mostly because the
world is becoming more digital and connected. This is creating new
opportunities, not only for data collection and storage, but also for
intelligence processing, exploitation, dissemination, and analysis. Artificial
intelligence technologies can increase the investigative capabilities of
intelligence organizations in many relevant aspects, including: war on crime
& terror, defense from cyber-attacks, public safety analytics, disaster and
mass incident management, and development of predictive capabilities.
Sam Mowers, Investorideas.com
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