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The AI Eye: Amazon ( $AMZN) Web Services Introduces New Tools to Help IoT App Building, Hewlett Packard ( $HPE) to Acquire BlueData and Accenture ( $ACN) Opens Canada Digital Innovation Hub

AI in Education to Reach $2 Billion Worldwide by 2023 According to New Research

 

Point Roberts, WA and Vancouver, BC - November 27, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.

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The AI Eye: Amazon ( $AMZN) Web Services Introduces New Tools to Help IoT App Building, Hewlett Packard ( $HPE) to Acquire BlueData- al

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

AI in Education to Reach $2 Billion Worldwide by 2023 According to New Research

A new report from Market Research Future finds that the market for AI in Education will see a compound annual growth rate of 38 percent in the forecast period of 2018-2023. Titled Artificial Intelligence in Education Market Research Report - Forecast to 2023, the research also finds that regionally, the North American market will dominate in growth due to a higher frequency of early adoption. Global market value is expected to reach $2 billion USD by 2023, with key drivers being the reduction in time required for administrative tasks, greater ability to fine-tune to individual students' needs and customizable software capabilities for devices such as smartphones and tablets. A possible drawback to market growth mentioned, however, is the lack of technical expertise present that is required for complex integration.

Amazon Web Services Introduces New Tools to Help IoT App Building, Hewlett Packard to Acquire BlueData and Accenture Opens Canada Digital Innovation Hub

Stocks discussed: (NasdaqGS:AMZN) (NYSE:HPE) (NYSE:ACN)

Amazon.com, Inc.'s (NasdaqGS:AMZN) cloud service, Amazon Web Services (AWS), has introduced four new capabilities that makes IoT app building easier. These include:

AWS IoT SiteWise [which] makes it easy to collect, structure, and search data from industrial equipment at scale

AWS IoT Events [which] gives customers the ability to easily detect and respond to events from large numbers of IoT sensors and applications

AWS IoT Things Graph [which] allows developers to build new IoT applications by visually connecting devices and services and defining interactions, with little to no code

AWS IoT Greengrass Connectors [which] helps developers and AWS Partner Network Partners quickly connect devices to third-party applications, on-premises software, and AWS services

Hewlett Packard Enterprise Company (NYSE:HPE) has announced a definitive agreement to acquire BlueData Software, Inc., "a leading provider of software that transforms how enterprises deploy artificial intelligence and big data analytics". Milan Shetti, the SVP and GM of Storage and Big Data Global Business Unit at Hewlett Packard said:

"BlueData has developed an innovative and effective solution to address the pain points all companies face when contemplating, implementing, and deploying AI/ML and big data analytics. Adding BlueData's complementary software platform to HPE's market-leading Apollo Systems and professional services is consistent with HPE's data-first strategy and enables our customers to extract insights from data - whether on-premises, in the cloud, or in a hybrid architecture."

Accenture (NYSE:ACN) has opened its Canada innovation hub in Toronto to assist clients in retooling their businesses for the growing digital market. Additionally, as part of its investment in Canada, Accenture plans to add 800 new highly skilled tech jobs by 2020 and expand its apprenticeship program.

Sam Mowers, Investorideas.com

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Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.

AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.

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