#AIEye Episode 463: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Partners with Branding Global to Bring Digital Signage to Guatemala Int’l Airport, Verint Systems (NasdaqGS: $VRNT) and Avaya (NYSE: $AVYA) Expand Partnership to Enhance Customer Experience Using AI-Based Solutions
Global
AI in Security Market to Reach $40.95 Billion by 2027
Point Roberts WA, Vancouver BC – October 28, 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: (CSE:VSBY) (5VS.F) (OTC:VSBGF) (NasdaqGS:VRNT) (NYSE:AVYA)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (OTC:VSBGF) has partnered with Latin American comprehensive
advertising network operator Branding Global to deploy a network of cameras at
La Aurora International Airport in Guatemala City, Guatemala. Jay Hutton,
Co-founder and CEO of VSBLTY, explained:
"The
deployment at the airport that handles 2.7 million passengers annually provides
enhanced security by scanning visitors looking for persons of interest.
Simultaneously, as visitors are looking at the signage, it also gathers
real-time audience analytics. The demographic analytics are anonymous and
accurately measure the effectiveness of the signage. An advertiser has a clear
picture not only of the demographics of the audience that sees the messaging but
the nature of their response to it. This adds extraordinary value to a brand.
As we enlarge our footprint in Central and South America, it is a great
opportunity for VSBLTY to partner with Guatemala's premier provider of digital
out-of-home advertising."
Verint Systems Inc. (NasdaqGS:VRNT)
has announced an expanded partnership with Avaya
Holdings Corp. (NYSE:AVYA), wherein it will integrate its
Verint Knowledge Management with Avaya OneCloud CCaaS. This integration will
enable enterprises to empower employees to provide improved customer
experiences by leveraging, among other things, “artificial intelligence (AI)
infused search technology to create a more automated, natural and innovative
way to connect people to knowledge.” Anthony Bartolo, executive vice president
and chief product officer, Avaya, explained:
"Avaya
and Verint are committed to improving the experiences of both customers and
employees by delivering deep technology integration across our SaaS offerings.
Cloud solutions support a faster path to return on investment, which continues
to be a strong focus of our product strategy. Verint’s AI-infused knowledge
management capabilities surface relevant information in a cognitive and
contextual manner to help employees be more responsive to customer needs."
Global
AI in Security Market to Reach $40.95 Billion by 2027
A report published by Verified Market Research finds that the global
AI in Security market will grow from $6.78 billion in 2019 to $40.95 billion by
2027 with a compound annual growth rate (CAGR) of 31.2 percent in the forecast
period 2020-2027. An excerpt from the report description outlines some drivers
observed in the market:
The
stringent data privacy regulations, increasing adoption of digital solutions,
increasing the number of cyber-attacks, and increasing inclination towards
cloud-based solutions from on-premise are the key factors leading to the growth
in the AI in the security market, globally. The increasing adoption of the
Internet of things (IoT) is a key factor expected to drive the growth of the
global artificial intelligence-based security market over the forecast period.
Internet of things is used to protect and secure the network connecting IoT
devices to back-end systems on the Internet.
Sam Mowers, Investorideas.com
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