The AI Eye: CEVA's ( $CEVA) RivieraWaves Bluetooth 5 Licensed and Deployed by Optek Digital Technology, NICE ( $NICE) Enhances Investigate to Assist Law Enforcement
Point Roberts, WA and Vancouver, BC - January 2, 2019 (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: CEVA's ( $CEVA) RivieraWaves Bluetooth 5 Licensed and Deployed by Optek Digital Technology, NICE ( $NICE) Enhances Investigate to Assist Law Enforcement
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Research Finds that AI Provides a $340 Billion Opportunity in Retail Sector
India's Economic Times reports that artificial intelligence offers a $340 billion cost-saving opportunity to the retail sector. The report draws from research done by Capgemini, titled: Building the Retail Superstar: How unleashing AI across functions offers a multi-billion dollar opportunity, which looked at 400 global retailers that are implementing AI use cases at different stages of maturity. Kees Jacobs, Vice President of Global Consumer Products and Retail Sector at Capgemini said:
"Our research shows a clear imbalance of organisations prioritizing cost, data and ROI (return on investment) when deploying AI, with only a small minority considering the customer pain points also. These two factors need to be given equal weighting if long-term AI growth, with all of the benefits it brings, is to be achieved."
CEVA's RivieraWaves Bluetooth 5 Licensed and Deployed by Optek Digital Technology and NICE Enhances Investigate to Assist Law Enforcement
Stocks discussed: (NasdaqGS:CEVA) (NasdaqGS:NICE)
CEVA, Inc. (NasdaqGS:CEVA), a leading licensor of signal processing platforms and artificial intelligence processors, announced today that Optek Digital Technology Ltd. has licensed and deployed CEVA's RivieraWaves Bluetooth 5 Dual Mode IP in its latest OTK528X multimedia System-on-Chip (SoC), targeting artificial intelligence (AI), voice and music market segments and applications including hearables, wireless speakers, on/in ear headphone, multi-channel AVR, musical instruments and voice user interface (VUI). Aviv Malinovitch, vice president and general manager of the Connectivity Business Unit at CEVA commented:
"We are pleased to announce Optek as a licensee for our Bluetooth IP. Bluetooth remains the de facto choice for wireless audio connectivity and the OPT528X SoC leverages the latest Bluetooth 5 innovations to deliver a comprehensive consumer wireless audio experience."
NICE Ltd. (NasdaqGS:NICE) has enhanced its NICE Investigate Digital Evidence Management and Investigation, making it easier for law enforcement to fight crime through community engagement. According to the press release: "investigators can create a Public Appeal on the Community Portal for any active investigation in seconds, enabling citizens to easily upload videos, photos and tips." Chris Wooten, Executive Vice President of NICE said:
"The proliferation of camera-equipped smartphones and home surveillance systems is creating an avalanche of digital evidence which can provide valuable evidence in cases. But without the right tools to engage citizens and make it easier for them to share this evidence, departments will continue to struggle. NICE Investigate's enhanced community engagement capabilities bridge this gap."
Sam Mowers, Investorideas.com
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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