The
#AIEye: Accenture (NYSE: $ACN) Teams with Microsoft (NasdaqGS: $MSFT) to
Maximize Entrepreneurs’ Social Impact, LogMeIn (NasdaqGS: $LOGM) Announces
Enhancements to #AI-Powered Bold360 Suite
Global
Deep Learning Market Could Grow $7.2 Billion from 2020-2024
Point Roberts WA, Vancouver BC – March 4, 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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this in full at https://www.investorideas.com/news/2020/artificial-intelligence/03041AIEye-ACN-MSFT.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (NYSE:ACN) (NasdaqGS:MSFT) (NasdaqGS:LOGM)
Accenture (NYSE:ACN)
is teaming with Microsoft (NasdaqGS:MSFT)
to help entrepreneurs maximize social impact and sustainability. Specifically,
the collaboration will pair Microsoft Research India with Accenture Labs,
leveraging the former’s Center for Societal impact through Cloud and Artificial
Intelligence (SCAI), to “focus on the areas of agriculture, education and
healthcare,” initially engaging “with startups in Africa, the Middle East and
South Asia.” Paul Daugherty, group chief executive-Technology and chief
technology officer at Accenture, commented:
"Our
experience shows that by applying emerging technologies to critical challenges
facing society, we can accelerate social transformation. This collaboration is
a great illustration of delivering on ‘value’ and ‘values’ — creating tangible
business and social value while aligning with people’s values. By providing
social impact entrepreneurs with direct access to the combined power of
Accenture and Microsoft’s technology expertise, we can help significantly
improve access, equality, inclusion, education, health, sustainability, and the
environment."
LogMeIn, Inc. (NasdaqGS:LOGM)
has announced enhancements to its AI-powered
Bold360 customer engagement suite that will provide “improved real-time
guidance and knowledge management tools to agents.” The improved suite
includes: the Dynamic Customer Information Card, which shows agents real-time
customer activity, Agent Statistics to spur internal motivation and improve
agent performance, and Visitor Blocking, which allows agents to “stop
communication with customers that conduct themselves improperly.” Ryan Lester,
Senior Director of Customer Engagement Technologies at LogMeIn, explained:
“Agents
know what makes customers happy, but they need better tools to deliver that
experience and data to show them how to improve. With these Bold360 updates
we’re able to empower agents with data: both the data they need to better serve
customers and the data they need step up their own performance. The end result
is greater productivity and, therefore, greater happiness among customers and
agents.”
Global
Deep Learning Market Could Grow $7.2 Billion from 2020-2024
A report from Technavio finds that the global Deep Learning
market has the potential to grow by $7.2 billion from 2020 to 2024 with a
compound annual growth rate (CAGR) of nearly 45 percent. An excerpt from the
report snapshot outlines key drivers and trends anticipated:
Deep
learning is popularly used in machine learning, which involves the use of
artificial neural networks with several degrees of layers. Moreover, each of
these layers has a certain degree of functionality and is mainly used for
representing vast amounts of data to ease the process of decision making.
Furthermore, the application of deep learning-powered applications widens as
massive volumes of digital data are produced at an unprecedented rate across
industries. Additionally, the increase in funding in the field of deep learning
has encouraged several start-ups to apply this technology across a wide range
of industry verticals. For instance, fraud detection, visual recognition,
logistics, insurance, and agriculture are some of the application areas of deep
learning. Therefore, the increasing number of startups, coupled with the
widening application of deep learning, will drive the growth of the global deep
learning market during the forecast period.
Sam Mowers, Investorideas.com
For
a list of artificial intelligence stocks on Investorideas.com visit
here
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