#AIEye
Episode 428: AWS (NasdaqGS: $AMZN) and #NFL Debuting Six New Insights Through
Next Gen Stats Platform, Schlumberger (NYSE: $SLB) Collaborating with IBM (NYSE:
$IBM) and Red Hat on Oil & Gas Digital Transformation
AI
in Cybersecurity Market to Reach $101.8 Billion in 2030
Point Roberts WA, Vancouver BC – September 9, 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:AMZN) (NYSE:IBM) (NYSE:SLB)
Amazon Web Service (AWS), a subsidiary of Amazon (NasdaqGS:AMZN) is debuting six new insights with the National
Football League (NFL), through the latter’s Next Gen Stats Platform “during the
September 10th season kickoff game between the Houston Texans and the Super
Bowl Champion Kansas City Chiefs.” Matt Swensson, Vice President, Emerging
Products and Technology at the NFL, said:
"This
season’s Next Gen Stats powered by AWS represent the NFL’s continued investment
in cloud technology to improve not only the fan experience for millions of
people around the world, but also the way the game is played. Our partnership
with AWS and the use of machine learning have enabled our fans to better
understand the remarkable performance of the athletes on the field. They have
also uncovered opportunities for NFL teams to use this data to improve their
performance by breaking down the action in new ways and analyzing plays at a
deeper level after the game."
IBM (NYSE:IBM), Red Hat, and Schlumberger (NYSE:SLB) are collaborating to accelerate digital
transformation across the oil and gas industry. The collaboration will focus on
hybrid cloud deployment of DELFI – Schlumberger's leading exploration and
production (E&P) cloud-based environment and cognitive applications – which
utilizes cutting-edge data analytics and artificial intelligence. IBM CEO
Arvind Krishna said:
"The
logic, purpose, and differentiation of all businesses can now be rendered in
code, which is why digital innovation has become the most powerful way to drive
transformation and hybrid cloud is the lever that unleashes it. Together with
Schlumberger, we are empowering a much broader group of participants to play a
role in driving that transformation and helping the energy industry solve some
of the world's toughest challenges to emerge stronger."
AI
in Cybersecurity Market to Reach $101.8 Billion in 2030
A report from Prescient & Strategic Intelligence finds
that the global AI in Cybersecurity market will grow from $8.6 billion in 2019
to $101.8 billion in 2030 with a compound annual growth rate (CAGR) of 25.7
percent in the forecast period 2020-2030. An excerpt from the report
description outlines the role of cyber crime in driving the market:
With
the rising incidence of cybercrimes, artificial intelligence in cyber security
is playing a vital role in combating such miscreants. Cyber frauds, such as
identity and payment card thefts, account for over 55% of all cybercrimes, and
they cause major losses to organizations, if not countered quickly. AI-driven
solutions combat cyber fraud by identifying threats, reducing response time,
and refining techniques to distinguish attacks that require immediate
attention. In August 2019, the U.S. Government Accountability Office (GAO)
stated that despite taking actions to combat cyber incidents, the cases are
growing on a yearly basis. Such factors are boosting the growth of the AI in
cyber security market.
Sam Mowers, Investorideas.com
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