The
#AIEye: Volkswagen Group (FWB:VOW) Announces Agreement with AWS (NasdaqGS: $AMZN)
to Build Volkswagen Industrial Cloud and VSBLTY (CSE: $VSBY.C) Demonstrates at
Digital Signage Expo
Point Roberts WA, Vancouver BC – March 27, 2019 – 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
U.S.
Spending on AI in Aerospace to Outpace China by Around $1 Billion by 2025
A new report from Research and Markets finds that AI in
Aerospace spending in China has increased to $160 million in 2018, and is
projected to grow at a compound annual growth rate (CAGR) of 24.3 percent from
2019-2025, reaching 1.077 billion in 2025.
Another report from Research and Markets, however, shows
that U.S. spending on AI in Aerospace will increase from $376 million in 2019
to $2.276 billion by 2025, at a compound annual growth rate of 27.2 percent.
Volkswagen
Group Announces Agreement with AWS to Build Volkswagen Industrial Cloud and
VSBLTY Demonstrates at Digital Signage Expo
Stocks
discussed: (FWB:VOW) (NasdaqGS:AMZN) (CSE:VSBY)
Volkswagen Group (FWB:VOW) has announced a multi-year, global agreement with
AWS, and Amazon (NasdaqGS:AMZN) company. Volkswagen will
leverage the AWS portfolio of services, including IoT, machine learning,
analytics, and compute services to build a cloud-based Industrial digital
production platform called Volkswagen Industrial Cloud. Andy Jassy, CEO of AWS,
said:
“Volkswagen's
and AWS's collaboration will have a profound impact on efficiency and quality
in production throughout Volkswagen’s global supply chain, as Volkswagen gains
access to the broadest and deepest cloud with the most functionality, the most
innovation, the highest performance and security, and the largest community of
partners and customers of any other infrastructure provider. We are tightly
aligned across Volkswagen’s businesses to help them reimagine the future of
automobile manufacturing by taking advantage of all the benefits the cloud can
deliver.”
VSBLTY Groupe Technologies Corp. (CSE:VSBY), in collaboration with
Peerless/AV, is presenting software, including industry-leading
VisionCaptor and DataCaptor at the Digital Signage Expo (DSE) 2019 at the Las
Vegas Convention Center. According to the press release, “VisionCaptor combines
brilliantly executed motion graphics or interactive brand messaging on any
digital display at point of customer contact with "first of its kind"
FacialAnalytics”. Jay Hutton, VSBLTY Co-Founder and CEO, said:
"Beyond
simply signage, our technology—which uses artificial intelligence combined with
machine learning—enables consumers to interact with the display, manipulate
content, and engage in a rich, immersive experience through intuitive
touch."
Sam
Mowers, Investorideas.com
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