The
#AIEye Episode 404: Intel (NasdaqGS: $INTC) and VMware (NYSE: $VMW)
Collaborating on RAN for 5G and FARO (NasdaqGS: $FARO) Announces Scanning #Robot
Integration Trek
Global
NLP Market to Exceed $41 Billion by 2025
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https://www.investorideas.com/Audio/Podcasts/2020/080520-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/08051AIEye-INTC-VMW-FARO.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NasdaqGS:INTC) (NYSE:VMW) (NasdaqGS:FARO)
Intel Corporation (NasdaqGS:INTC) and VMware, Inc. (NYSE:VMW) have announced a collaboration on “an integrated
software platform for virtualized Radio Access Networks (RAN) to accelerate the
rollout of both existing LTE and future 5G networks.” Dan Rodriguez, corporate
vice president and general manager, Network Platforms Group, Intel, explained:
"Many
CoSPs [communications service providers] are choosing to extend the benefits of
network virtualization into the RAN for increased agility as they roll out new
5G services, but the software integration can be rather complex. With an
integrated vRAN platform, combined with leading technology and expertise from
Intel VMware, CoSPs are positioned to benefit from accelerated time to
deployment of innovative services at the edge of their network.”
FARO Technologies, Inc. (NasdaqGS:FARO) has announced the release of FARO® Trek, described in the
press release as “a fully autonomous 3D mobile scanning integration,” which was
“built in collaboration with the Massachusetts-based robotics firm Boston
Dynamics.” Specifically, Trek is a combination of the FARO FocusS Laser
Scanner and Spot, the latter of which is described as “a quadruped robot
capable of remote and autonomous data capture in challenging environments.”
Brian Ringley, Boston Dynamics' Construction Technology Manager, said:
“Reality
capture has become more critical to on-schedule project delivery than ever
before. The FARO Trek integration provides customers with the ability to
document true as-built conditions of their site in a repeatable fashion.
Because this high-frequency point cloud data collection is automatically
aligned relative to project control points and BIM coordinate systems, it's
easier than ever to maintain a continuously updated digital twin."
Global
NLP Market to Exceed $41 Billion by 2025
A report from Adroit Market Research finds that the global
Natural Language Processing (NLP) market is expected to grow to more than $41
billion by 2025. An excerpt from the report’s Analyst Commentary outlines some drivers observed in the market:
NLP
allows devices and systems to read, understand and provide insights by
analyzing human languages. One of the major uses of NLP is in customer service
centers and Healthcare. In Healthcare, it is used to recognize and predict
diseases based on the patient’s electronic health records and speech. Similarly,
in customer service centers, it is being used to predict customer demand in
real-time and allowing services agents to provide optimal solutions. Thus, the
need for enhanced customer experience as well as increasing the use of smart
devices is anticipated to fuel the growth of Natural Language Processing (NLP).
Sam Mowers, Investorideas.com
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