The #AIEye #Podcast Episode 479: GBT Technologies (OTCPINK: $GTCH) Announces Ambient Temperature Sensing Feature for qTerm Human Vitals Device and NICE Ltd. (NasdaqGS: $NICE) Announces AI-Powered ENLIGHTEN Fraud Prevention Solution
Global Conversational
AI Platform Market to Exceed $12 Billion by 2025
Point Roberts WA, Vancouver BC – November 19, 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:
(OTCPINK:GTCH) (NasdaqGS:NICE)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that its joint venture, GBT Tokenize
Corp., is enhancing its AI-powered qTerm human vital signs device with the
addition of an ambient temperature sensing system. This feature factors in the
temperature of the user’s surroundings, so as to secure a more accurate body
temperature reading. It will alert the user if outside temperatures are making
readings difficult to determine. Danny Rittman, GBT's CTO, explained:
“In addition, our
backend program will verify the measured ambient temperature, taking the data
from online resources, according to the user's location. Together with the
electronic circuit, which is a high-precision digital temperature sensor actual
results, qTerm will reach a conclusion about alerting the user or not. A
supporting code will be developed in order to create a pre-temp measurement
procedure to ensure optimum ambient temperature before checking the body
temperature. We focus on accuracy and reliability of human vitals and would
like to ensure optimum conditions for data measurement. Additionally, we may
use the ambient data at the 'system' level for further analysis purposes. qTerm
AI software will be using the data to further analyze and record the user's
information for future use.”
NICE Ltd. (NasdaqGS:NICE) has unveiled ENLIGHTEN Fraud Prevention, an AI and
Voice Biometrics-powered solution, described as being “for automatic and
continuous fraudster detection and exposure.” According to the press release,
ENLIGHTEN leverages a Customer Engagement AI platform and voice biometrics to
“continuously scan millions of calls to accurately pinpoint suspicious behavior
and uncover previously unidentified fraudsters.” Barry Cooper, President, NICE
Enterprise Group, explained:
"NICE
ENLIGHTEN is NICE’s AI platform with models specific to the Customer Engagement
domain. A number of solutions across our portfolio are being infused with AI
from NICE ENLIGHTEN including our Proactive Fraudster Exposure solution. NICE
ENLIGHTEN Fraud Prevention ensures that fraudsters are rapidly and proactively
stopped in their tracks so organizations can protect their customers and their
brand. We believe that by bringing AI to Fraud Prevention we provide
organizations with the agility that makes it even more difficult for the
fraudsters to win."
Global
Conversational AI Platform Market to Exceed $12 Billion by 2025
A report published by Research and Markets finds that the global
Conversational AI Platform market will exceed $12 billion by 2025. An excerpt
from the report description reads:
Conversational AI
leverages natural language, machine learning, and other technologies to help
omnichannel engagement platforms better understand and interact with customers,
providing automated and personalized experiences across any channel including
web, applications, mobile, and other platforms. Businesses can leverage
opportunities to automate customer service operations as well as marketing and
sales initiatives..
Businesses are
beginning to integrate conversational AI through voice assistants, chatbots,
and messaging apps. We expect that more than 30% of enterprises will shift
their customer support function entirely to virtual assistants by 2025. This
prediction is supported by our findings that indicate most customers prefer to
shop with business through chat applications. This represents a massive shift
from five years ago.
Sam Mowers, Investorideas.com
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