#AIEye
#Podcast 589: #Stocks discussed: (NYSE: $ASGN) (NYSE: $ZIM)
#artificialintelligence
ASGN
has Announced the Acquisition of ERPi, and ZIM is Establishing a Centre of
Excellence for AI with Data Science Group
Global
#FacialRecognition Market to Reach $11.6B by 2027
Point Roberts WA, Vancouver BC – August 9, 2021 – 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
Listen
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https://www.investorideas.com/Audio/Podcasts/2021/080921-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2021/artificial-intelligence/08091ASGN-ZIM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:ASGN) (NYSE:ZIM)
IT and professional services provider ASGN Incorporated
(NYSE:ASGN)
has announced the acquisition of Enterprise Resource Performance,
Inc. (ERPi), described in the press release as “a premier healthcare consulting
and data analytics firm that delivers federal healthcare transformation
services.” ERPi, which provides IT solutions, data analytics, artificial
intelligence/machine learning (AI/ML), and healthcare domain expertise to
government entities, will be absorbed into the Enterprise Solutions business
unit within ECS, ASGN’s Federal Government Segment. Bill Hummel, President of
ERPi, said:
"Joining
ECS is an incredible next step for ERPi. Our customers will not only benefit
from ECS’ deep enterprise resources and program-level experience, but also from
their digital transformation, cybersecurity, data and AI solutions. We are
thrilled to have this opportunity to join the ECS and the broader ASGN
platform.”
ZIM Integrated Shipping Service Ltd. (NYSE:ZIM) and Data Science Group (DSG),
through a joint venture, are establishing a Center of Excellence in the field
of artificial intelligence. The Center’s aim is to develop AI and machine
learning solutions from the design stage to implementation focusing on
logistics, operations, finance, and trade. Eyal Ben-Amram, EVP and CIO of ZIM,
said:
“ZIM
is advancing into the digital age and is leveraging the data it has accumulated
over the years to gain new insights that will give it a significant advantage
in the world of shipping, which in recent years has become more competitive
than ever. The partnership with DSG in the Center of Excellence will allow us
to lead the world of international shipping by expediting delivery times,
streamlining logistics, forecasting demand, and automating processes."
Global
Facial Recognition Market to Reach $11.6B by 2027
A report published by Brand Essence Research finds that the global
Facial Recognition Market will grow from $3.62 billion in 2020 to $11.6 billion
by 2027 with a compound annual growth rate (CAGR) of 18.1 percent in the
forecast period 2021-2027. An excerpt from the report’s description outlines
the influence of the COVID-19 pandemic on the market’s growth:
During
the COVID-19 pandemic, with a growing concern for sanitation, the majority of
the organizations are switching toward facial recognition systems as a sterile
choice to control the spread of infection. The combination of artificial
intelligence (AI) is offering a successful solution by joining both facial
recognition innovations alongside temperature detection. Moreover, with AI and
infrared thermography, facial recognition frameworks are performing mask
detection also. The interest for facial recognition systems has been expanded
in both the private and government areas.
Sam Mowers, Investorideas.com
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