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The #AI Eye: Accenture ( $ACN) Launches Human-Machine Learning Engine SynOps and Rockwell Automation ( $ROK) Acquires Software Developer Emulate3D

AI in Manufacturing to Reach $17.2 Billion by 2025 at CAGR of 49.5%

 

Point Roberts, WA and Vancouver, BC - January 29, 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: Accenture ( $ACN) Launches Human-Machine Learning Engine SynOps and Rockwell Automation ( $ROK) Acquires Software Developer Emulate3D

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

AI in Manufacturing to Reach $17.2 Billion by 2025 at CAGR of 49.5%

Research from ReportLinker finds that the AI in Manufacturing Market will grow from $1 billion in 2018 to $17.2 billion in 2025 with a compound annual growth rate (CAGR) of 49.5 percent in that same forecast period. An excerpt from the report summary looks at the drivers and potential hindrances to growth in the market:

"...big data and evolution of industrial IoT and automation are the key drivers of this market. Improving computing power, declining hardware cost, and increasing venture capital investments are the other factors fuelling the growth of this market. However, reluctance among manufacturers to adopt AI-based technologies and lack of awareness among small and medium-sized businesses are among the major factors restraining the growth of the AI in manufacturing market. Also, high power requirement from machine learning hardware, especially during network training, is limiting the growth of the said market."

Accenture Launches Human-Machine Learning Engine SynOps and Rockwell Automation Acquires Software Developer Emulate3D

Stocks discussed: (NYSE:ACN) (NYSE:ROK)

Accenture (NYSE:ACN) has launched human-machine learning operating engine SynOps that "optimizes the synergy of data, applied intelligence, digital technologies and talent to help organizations transform business operations" and "create exceptional user experiences". Phil Fersht, CEO and chief analyst at HFS Research, explained:

"SynOps represents the re-imagining of the enterprise as operations leaders grapple with integrating their automation, analytics and AI strategies. Moreover, Accenture focuses SynOps on augmenting the human experts, which is so critical as companies design the processes they need to drive an effective operations strategy and business outcomes."

Rockwell Automation, Inc. (NYSE:ROK) has acquired engineering software developer Emulate3D. According to the press release, "Emulate3D's software enables customers to virtually test machine and system designs before incurring manufacturing and automation costs and committing to a final design." Fran Wlodarczyk, Rockwell Automation senior vice president for its architecture and software segment, commented:

"We are excited about the opportunities that Emulate3D's software offers our customers. They will have the ability to improve their time to market and operational productivity through digital machine prototyping and virtual commissioning. It also marks another investment by Rockwell Automation to bring the Connected Enterprise to life."

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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