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The #AI Eye: Gopher (OTCQB: $GOPH) Implementing Distributed #AI Within #Avant! and Oracle (NYSE: $ORCL) Opening a New Data Centre in Toronto

Global AI-Powered Video Analytics Market to See CAGR of 42% from 2018-2022

 

Point Roberts, WA and Vancouver, BC - January 18, 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: Gopher (OTCQB: $GOPH) Implementing Distributed #AI Within #Avant! and Oracle (NYSE: $ORCL) Opening a New Data Centre in Toronto

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

Global AI-Powered Video Analytics Market to See CAGR of 42% from 2018-2022

A report from market research firm Technavio projects that the global AI-powered video analytics market will witness a compound annual growth rate (CAGR) of 42 percent in the forecast period 2018-2022. The research also found that incremental growth in the forecast period will reach $60.81 million. An excerpt from the report summary reads:

Analyzing factors that will have a significant impact on the growth of the AI powered video analytics market, our analysts have identified the growing demand for data integration and video analytics to be a major factor driving market growth. With the rising IT complexity, the process of deploying and maintaining reliable data interfaces became more difficult. AI-powered video analytics enable effective decision-making by offering on-demand accessibility for real-time integration of data and real-time analysis. Also, numerous companies are integrating data with AI-powered video analytics systems to analyze large data sets for quick and effective decision making.

Gopher Implementing Distributed AI Within Avant! and Oracle Opening a New Data Centre in Toronto

Stocks discussed: (OTCQB:GOPH) (NYSE:ORCL)

Gopher Protocol Inc. (OTCQB:GOPH) has announced that it is it is implementing distributed artificial intelligence (DAI) methodologies within its Avant! AI system. Implementation of DAI will also enable greater computation power and spatial distribution of Avant! computing resources, and will coordinate and synchronize between Avant! mobile app and its web application. Gopher CTO Dr. Danny Rittman explained:

"This type of technology is important in order to enable Avant!'s parallel processing when necessary. In multi-user environment, a large scale computation and resources distribution is needed in order to provide vast solutions and answers. Avant! DAI is a smart system and will be activated only when needed in certain situations. We completed Avant!'s DAI working model, which we believe to be robust and elastic. It is built to be adaptive to problems and information. Avant! DAI objectives are to enable vast computing power, when necessary, and to assist with reasoning, planning, learning and perception topics, particularly with very large data, by distributing the data to its autonomous processing agents. Another key advantage of Avant! DAI is to be able to provide information redundancy in case of system's nodes overload."

Oracle Corporation (NYSE:ORCL) is opening a new data centre in Toronto to accommodate demand for the company's public cloud, the Oracle Cloud Infrastructure. According to the press release: "With Oracle's modern cloud regions, only Oracle can deliver the industry's broadest, deepest, and fastest growing suite of cloud applications, Oracle Autonomous Database, and new services in security, Blockchain and Artificial Intelligence, all running on its enterprise-grade cloud infrastructure." Don Johnson, executive vice president of product development at Oracle Cloud Infrastructure, said:

"Enterprises in the region still have limited ability to run mission-critical applications in the cloud and are struggling to attain the level of performance they have on-premises without a major overhaul. With this new location Oracle is delivering on its promise to deliver even more customers with consistent high performance, low predictable pricing and the flexibility our cloud brings to the table."

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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