#AIEye
Episode 419: HPE (NYSE: $HPE) Enhances Aruba ESP and WEX (NYSE: $WEX) Introduces
#AI-Driven Chatbot for Health Division
Global
Aerospace #Robotics Market to Reach $7.78 Billion by 2027
Point Roberts WA, Vancouver BC – August 26, 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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https://www.investorideas.com/Audio/Podcasts/2020/082620-AI-Eye.mp3
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:HPE) (NYSE:WEX)
Hewlett Packard Enterprise Company (NYSE:HPE)
has announced enhancements to Aruba ESP (Edge
Services Platform) involving the unification of its IoT, IT, and Operational
Technology (OT) networks. According to the press release, “these enhancements
to the Aruba ESP cloud-native, AI-powered platform are integral to sensing,
analyzing, and reacting to device data and contextual information.” Will
Townsend, Senior Analyst, Moor Insights & Strategy, commented:
"Machines,
applications, and interfaces are typically tailored to each IoT, IT and OT
vertical application, driving complexity in network management. I have analyzed
Aruba ESP and believe its architectural platform based on a unified
infrastructure, zero-trust security, and AIOps has the potential to reduce
complexity and accelerate smart facility and hyper-awareness use cases both
on-prem and in the cloud."
Fintech service provider WEX Inc. (NYSE:WEX)
has announced the introduction of its new AI-driven
chatbot, Let’s Chat, which is “designed to enhance the personalized benefits
account experience delivered by its Health division to 390,000 employers and
more than 32 million consumers across the United States.” Matt Dallahan, senior
vice president of product management at WEX’s Health division, explained:
"Our
continuous investments in AI and analytics are great examples of our commitment
to leveraging the latest technology to help our partners succeed. We are
excited to add Let’s Chat to the platform alongside the in-depth benefit
analytics and operational benchmarking we have delivered to the market for
years. For the consumers we serve, this means quick, personalized answers and
account assistance around the clock. And for our partners, it means
cutting-edge technology and data to drive client satisfaction and retention
while increasing the efficiency of service delivery."
Global
Aerospace Robotics Market to Reach $7.78 Billion by 2027
A report published by Fortune Business Insights finds that the global
Aerospace Robotics market will grow from $2.66 billion in 2019 to $7.78 billion
by 2027 with a compound annual growth rate (CAGR) of 20.49 percent in the
forecast period 2020-2027. The following excerpt highlights the prominent trend
of AI in the market:
The
use of artificial intelligence (AI) in aircraft maintenance has led to a
decrease in aircraft maintenance cycles and aircraft failures. It can predict
any maintenance failures on aircraft before any mishap occurs. Smart AI-based solutions
for aircraft based on data from different types of sensors are being
implemented by companies such as Airbus SAS. The company focuses on AI-based
robots for applications such as autonomous machining, decision-making,
collaborative robots (cobot) technology, and others. The aircraft manufacturers
prefer cost-effective and faster robots in the manufacturing of the
next-generation aircraft and maintenance, repair, and overhaul services. The
concept of smart robots is an upcoming trend as robots are linked with AI and
IoT based systems.
Sam Mowers, Investorideas.com
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