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The AI Eye: TaylorMade Golf Looks to Oracle (NYSE: $ORCL) Autonomous Database, NICE (NasdaqGS: $NICE) to Host Global Policing Summit and Showcase Transformative Tech

AI in Supply Chain Market to Hit $6.548 Billion by 2024 at CAGR of 44.76%


Point Roberts, WA and Vancouver, BC - February 11, 2019 ( Newswire) (, a global investor news source covering Artificial Intelligence (AI) 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: TaylorMade Golf Looks to Oracle (NYSE: $ORCL) Autonomous Database, NICE (NasdaqGS: $NICE) to Host Global Policing Summit and Showcase Transformative Tech

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

AI in Supply Chain Market to Hit $6.548 Billion by 2024 at CAGR of 44.76%

A report from Zion Market Research projects that the AI in supply chain market will reach $6.548 billion USD by 2024 at a compound annual growth rate (CAGR) of 44.76 percent in the forecast period 2018-2024. An excerpt from the report summary reads:

Increasing need for big data analytics in the supply chain management is expected to drive the expansion of the global AI in supply chain market across the globe. Earlier supply chain management used operation research and statistics for optimizing the goals to match the demand and supply. Additionally, the development of big data analytics has brought new opportunities in the supply chain analytics to improve a business' operational efficiency. Growing adoption of machine learning to make predictions and find insights in collected data will be anticipated to escalate the growth of AI in supply chain market globally. The use of machine learning in supply chain management helps in increasing customer service levels and customer preference for new products and services in order to optimize inventory levels and replacement plans. Furthermore, increasing demand for greater visibility and transparency in supply chain management is boosting the demand for AI in supply chain market. Remote sensing, connected devices, telematics, and vehicles together generate a massive amount of valuable data. Turning this data into valuable insights is one of the major challenges of organizations involved in the supply chain and logistics industry. In addition, difficulties in data integration from multiple sources might hinder the growth of the global AI in supply chain market. Nonetheless, improved customer service, cost saving, and improved security are the major advantages of cloud-based supply chain management solutions. Therefore, the cloud-based supply chain management solutions will gain traction for AI in supply chain market during the forecast period.

TaylorMade Golf Looks to Oracle Autonomous Database, NICE to Host Global Policing Summit and Showcase Transformative Tech and Nuance Unveils Ambient Clinical Intelligence (ACI)

Stocks discussed: (NYSE:ORCL) (NasdaqGS:NICE) (NasdaqGS:NUAN)

Oracle Corporation (NYSE:ORCL), through its Oracle Autonomous Database, will be underpinning the cloud modernization of TaylorMade Golf. According to the press release, "Oracle Autonomous Data Warehouse provides TaylorMade with the ability to scale as needed for planned business initiatives" , "works with TaylorMade's existing business analytic tools to drive faster analysis to rapidly adjust sales strategies as needed" and "gives TaylorMade the tools they need to pinpoint opportunities for business diversification".

NICE Ltd. (NasdaqGS:NICE) will be hosting a Transformational Global Policing Summit at Chelsea Football Club in London, where it will showcase and demonstrate its transformative technologies in digital evidence management and robotic automation. Chris Wooten, Executive Vice President of NICE, said:

"Mounting digital evidence is on a collision course with outdated technology, decades-old investigative processes and resources that are being stretched to the limit, all creating the perfect storm. It's a now or never moment for the transformation of policing and as such this is a must-attend event for every force, whatever the stage of their digital evidence management planning."

Nuance Communications, Inc. (NasdaqGS:NUAN) has unveiled Ambient Clinical Intelligence (ACI), a healthcare information technology described as a "disruptive AI innovation from Nuance" that "will power the exam room of the future and reinvent the doctor-patient experience in healthcare". Dr. Shafiq Rab, senior vice president and CIO at Rush University Medical Center said:

"This is game-changing. The impact that Nuance's Ambient Clinical Intelligence will bring to the exam room defies what we thought was possible. We're honored to be a strategic development partner with Nuance to close the gap between clinical conversation and clinical documentation. Nuance's focus to methodically unencumber providers from administrative burden, while preserving the patient story and supercharging the electronic health record workflow will have great impact on the way we all experience healthcare."

Sam Mowers,

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