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The AI Eye: AWS (NasdaqGS: $AMZN) Launches Open Source Neo-AI, NICE (NasdaqGS: $NICE) inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance (NasdaqGS: $NUAN) Voice #Biometrics

#AI in Food & Beverages Market to Register CAGR of 28.64% from 2018-2023

 

Point Roberts, WA and Vancouver, BC - January 25, 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: AWS (NasdaqGS:AMZN) Launches Open Source Neo-AI, NICE (NasdaqGS:NICE) inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance (NasdaqGS:NUAN) Voice Biometrics

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

AI in Food & Beverages Market to Register CAGR of 28.64% from 2018-2023

A report published by Research and Markets finds that the AI in Food and Beverages Market is expected to register a compound annual growth rate (CAGR) of 28.64 percent in the forecast period of 2018-2023. An excerpt from the report summary reads:

Artificial intelligence has the potential to fuel innovation in production and packaging to reach consume expectations in terms of quality of the product on the palate and its related impact on the cost. To attain the potential tradeoff between the quality and price, industry stakeholders are actively leveraging the potential of AI across the various applications, such as product design, quality control, maintenance, as well as consumer engagement among others.

AWS Launches Open Source Neo-AI, NICE inContact CXone Rated Highest in Consulting Report and Kennebunk Savings Deploys Nuance Voice Biometrics

Stocks discussed: (NasdaqGS:AMZN) (NasdaqGS:NICE) (NasdaqGS:NUAN)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has launched Neo-AI, an open source project to accelerate machine learning deployments on edge devices. An excerpt from the blog post introducing the project reads:

By working with the Neo-AI project, processor vendors can quickly integrate their custom code into the compiler at the point at which it has the greatest effect on improving model performance. The project also enables device makers to customize the Neo-AI runtime for the particular software and hardware configuration of their devices. The Neo-AI runtime is currently deployed on devices from ADLINK, Lenovo, Leopard Imaging, Panasonic, and others. The Neo-AI project will absorb innovations from diverse sources into a common compiler and runtime for machine learning to deliver the best available performance for models.

NICE Ltd. (NasdaqGS:NICE) has announced that the NICE inContact CXone cloud customer experience platform has received the highest average product satisfaction rating from its customers as well as the highest rating for overall vendor satisfaction, according to analytics research and consulting firm DMG Consulting LLC. NICE inContact CXone brings together Omnichannel Routing, Analytics, Workforce Optimization and Automation and Artificial Intelligence.

Nuance Communications, Inc. (NasdaqGS:NUAN) has announced that Kennebunk Savings will deploy its voice biometrics technology to streamline customer authentication and reduce fraud. Brett Beranek, General Manager of Security Line of Business for Nuance Enterprise, explained how Nuance's AI-leveraged security will help to prevent fraud:

"Fraud today is not only a problem for multi-national financial institutions. As these organizations have deployed voice biometrics to secure their customers, fraudsters are shifting their attacks to community banks and credit unions. As a result, all financial institutions are facing increasing fraud pressures no matter their size. We're glad to see Kennebunk Savings deliver the greatest level of biometric security within their Customer Care Center. As a result, they are staying one step ahead of fraudsters while delivering an improved experience for their customers."

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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