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AI Eye Podcast 593: Stocks discussed: (NasdaqGS: $NICE) (OTC: $OZSC) (NYSE: $STEM))

NICE Launches Enlighten XO, and Ozop Energy Systems Collaborates with Stem for Smart Energy Storage Project

 

Point Roberts, WA and Vancouver, BC - August 18, 2021 (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.

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AI Eye Podcast 593: Stocks discussed: (NasdaqGS: $NICE) (OTC: $OZSC) (NYSE: $STEM)

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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:NICE) (OTC:OZSC) (NYSE:STEM)

NICE Ltd. (NasdaqGS:NICE) has announced the launch of Enlighten XO, described in the press release as a "solution that automatically generates insights from human conversations to build smart self-service with advanced AI." The solution's AI models can "identify customer intents, training phrases, and problem-solving activities that ensure success." Barry Cooper, President, NICE Workforce & Customer Experience Group, said:

"Soaring demand for digital service is driving organizations to accelerate their digital CX transformation and drive full resolution on their digital platforms. Enlighten XO makes self-service applications smarter by deriving intelligence from consumer conversations across all channels. We're excited to introduce Enlighten XO to the market and make self-service capable of creating engaging experiences."

Ozop Energy Systems, a wholly owned subsidiary of multi-vertical energy holding company Ozop Energy Solutions, Inc. (OTC:OZSC), in collaboration with Stem, Inc. (NYSE:STEM), is delivering a 2 megawatt (MW) / 4 megawatt hour (MWh) smart energy storage project. The system will utilize Stem's Athena intelligent software solution, which leverages AI to optimize the value of energy through battery discharge and recharge cycles. Christy Martell, Senior Vice President of Sales at Stem, said:

"Stem's expertise and Athena® intelligent software solution is backed by tens of thousands of grid services site dispatches to support energy reliability for our partners and their customers. We are pleased to provide our market-leading knowledge and VDER revenue optimization experience to Ozop, helping alleviate congested grids and furthering New York's energy goals with smart energy storage."

Global AI CCTV Market to Reach $55.22B by 2030

A report published by Allied Market Research finds that the global AI CCTV market - wherein an electronic device integrates a layer of AI to camera technology - will grow from $14.83 billion in 2020 to $55.22 billion by 2030 with a compound annual growth rate (CAGR) of 14.9 percent in the forecast period 2021 to 2030. An excerpt from the report overview reads:

The global AI CCTV market revenue is anticipated to witness significant growth over the forecast period. This is attributed to factors such as increase in demand for technically advanced surveillance systems and rise in concerns related to public safety & security. In addition, surge in use of AI CCTV at traffic signals by government agencies to detect & recognize license plates on moving or stationary vehicles boosts the overall market growth. However, lack of awareness about advanced products is a major restraint to the global industry. Moreover, growth of the infrastructure sector in Asia-Pacific is anticipated to create lucrative opportunities for the artificial intelligence based CCTV industry.

Sam Mowers, Investorideas.com

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