Point Roberts, WA and Vancouver, BC - December 3, 2019 (Investorideas.com Newswire) 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 to today's podcast:The AI Eye: Cerner (NasdaqGS: CERN) Selects AWS (NasdaqGS: AMZN) for Cloud & AI, NICE (NasdaqGS: NICE) Study Looks at Impact of Millennial Engagement on Digital Future
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligenceStocks discussed: (NasdaqGS:CERN) (NasdaqGS:AMZN) (NasdaqGS:NICE) (NasdaqGS:VERI)
Cerner Corporation (NasdaqGS:CERN) has selected Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), as its preferred cloud, artificial intelligence, and machine learning provider. Brent Shafer, Chairman and CEO, Cerner, explained:
";We're on the leading edge of healthcare's cognitive age, making technology more relevant and data more actionable for health systems. We've spent 40 years digitizing data for hundreds of millions of people across the world and taken health records out of paper charts and manila folders. Our work with AWS will put us at the leading edge of cognitive data. Where we're headed is taking the digital age to a new level to reduce costs, providing more insights into diseases, and giving clinicians back valuable time."
NICE Ltd (NasdaqGS:NICE) announced findings from its global research study, the third annual 2019 NICE inContact Customer Experience (CX) Transformation Benchmark. The study looks at ";how understanding younger generations' use of and expectations around next-generation solutions like artificial intelligence (AI) and digital channels ... are fundamental to building exceptional, best-in-class customer experiences". An excerpt highlights a key finding:
Consumers are using AI more and feeling more positive about chatbots over time. Half of all consumers have used AI for any purpose (50%), compared to 2018 (45%). This can be attributed to a significant increase in the use of an automated assistant/chatbot online (34%, up from 25% in 2018). Generation Z and Millennials are more likely to agree that chatbots make it easier and quicker for their issues to get resolved, and are also the most likely of all generations to have used all forms of AI for any purpose, as well as for customer service.
Blockchain-powered digital time capsule maker NotForgotten Digital Library LLC is leveraging Veritone, Inc. (NasdaqGS:VERI), and the latter's aiWARE and Digital Media Hub. Veritone's solutions will enable automated video transcription and metadata creation. Adrienne Liebenberg, co-founder at NotForgotten, commented:
"The new capabilities Veritone is adding to NotForgotten's archives are set to change the way future historians study our present. Veritone aiWARE will analyze the videos within the NotForgotten Digital Library and add AI-enabled insights about society and people within a set time and place. This will be the first time we - society at large - will have the framework in place to not only record and research history from a personal perspective, but to also see how these events made people feel."North American AI in IoT Devices to Reach $9.5 Billion by 2024
A report from Research and Markets looking at the AI in IoT market finds that the North American market for AI in IoT devices will reach $9.5 billion USD by 2024 with a 28 percent compound annual growth rate (CAGR). An excerpt from the report description reads:
IoT hardware may be both physical and virtualized. IoT software may be both deterministic in terms of programming and outcomes as well as programmatic thanks to IoT APIs and communications platforms as a service (CPaaS). IoT APIs may be open, proprietary, and/or pre-built connectors for specific purposes. Taken together, IoT hardware, software and APIs provide the basis for IoT platforms, which consist of many different programs, algorithms, and operating systems. Current IoT networks are largely deterministic in nature, relying upon autonomic systems making decisions based on predetermined rules that take action based upon the occurrence of specific events. The Artificial Intelligence of Things (AIoT) will become increasingly important as the AIoT market evolves to allow IoT networks and systems to become more cognitive. The emerging AIoT market will enable systems to become increasingly more cognitive, making decisions based on context and experience.
Sam Mowers, Investorideas.com
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