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The #AI Eye: Gopher Protocol (OTCQB: $GOPH) Developing Ontology System for #Avant! AI, #Qualcomm ( $QCOM) Signs Patent Licensing Agreement with VinSmart

AI in Healthcare to Grow to $19.9 Billion in 2024 at a CAGR of 48.7%

 

Point Roberts, WA and Vancouver, BC - December 14, 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: Gopher Protocol (OTCQB: $GOPH) Developing Ontology System for Avant! AI, Qualcomm ( $QCOM) Signs Patent Licensing Agreement with VinSmart

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

AI in Healthcare to Grow to $19.9 Billion in 2024 at a CAGR of 48.7%

Energias Market Research has published a new report titled: Global Artificial Intelligence (AI) in Healthcare Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024. One of the key findings of the report is that the market will grow from $1.12 billion USD in 2017 to $19.9 billion USD in 2024. During this forecast period the market will exhibit a compound annual growth rate of 48.7 percent. Drivers of this growth include the growing adoption of AI in medical research, the limited number of healthcare professionals to cure patients, and an increasing demand for precision medicine.

Gopher Protocol Developing Ontology System for Avant! AI, Qualcomm Signs Patent Licensing Agreement with VinSmart and Mercury Systems Unveils RES Trust Server Product Line

Stocks discussed: (OTCQB:GOPH) (NasdaqGS:QCOM) (NasdaqGS:MRCY)

Gopher Protocol Inc. (OTCQB:GOPH) is developing a dynamic ontology system for Avant! AI. The press release defines ontology in this context as "a set of concepts and categories in a subject area or domain that possesses the properties and relations between them" and says that the Avant! Ontology system is automated and self learned and can scale and adapt to learn new information. Dr. Danny Rittman, Gopher's Chief Technology Officer, said:

"We believe the Avant! ontology system will be one of the most important factors in order to enable clear "understanding" of information. One can think about our ontology as an ever-growing, knowledge base analyzing, system. The Avant! ontology is designed to be dynamic, so it will be able to grow independently with time upon learning of new information. Static ontologies are an impediment when attempting to learn and understand new information at the pace of information growth in the world today. That is why Gopher Avant!'s dynamic, self-generative ontology enhances knowledge discovery to an unprecedented new level."

QUALCOMM Incorporated (NasdaqGS:QCOM) has signed a Patent Licensing Agreement with Vietnamese smart device company VinSmart, a wholly owned subsidiary of VinGroup. Quoting from the press release: "Under the terms of the Agreement, Qualcomm has granted VinSmart a royalty-bearing patent license to develop, manufacture and sell branded multimode complete terminals such as 4G/5G smartphones."

Mercury Systems, Inc. (NasdaqGS:MRCY) has unveiled the RES Trust, the latest of the EnterpriseSeries rackmount server product line. Describing the server, Vice President and General Manager of Mercury's Trusted Mission Solutions group Scott Orton said:

"Our RES Trust servers are designed for critical applications in which trust is imperative and security must be built-in, not bolted on. Trust and security are no longer optional for many of our customers. With our commercial business model and system security expertise we are committed to meeting their requirements while keeping customer costs and risks low."

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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