Share on StockTwits
Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

The #AI Eye: IBM ( $IBM) Makes #Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Global AI in Telecommunications to See CAGR of 42.16% from 2019-2023

 

Point Roberts, WA and Vancouver, BC - February 13, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), 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.

Listen to today's podcast:

https://www.investorideas.com/Audio/Podcasts/2019/021319-AI-Eye.mp3

The #AI Eye: IBM ( $IBM) Makes #Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Hear Investor Ideas Podcasts on iTunes

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

Global AI in Telecommunications to See CAGR of 42.16% from 2019-2023

Newly published research from ReportLinker indicates that the global artificial intelligence in telecommunications market will see a compound annual growth rate (CAGR) of 42.16 percent in the forecast period 2019-2023. An excerpt from the report summary reads:

The upsurge in mobile data traffic & smartphone users across the world and the integration of AI with newer wireless networks will necessarily drive the global AI in the telecom market.Concerns related to incompatibility, the unreliability of artificial intelligence algorithms, lack of skilled personnel & difficulties in the protection of confidential & private data are the primary challenges faced by the market players.

With the proliferation of the microcomputer, advanced microprocessor and improved network connection in the 1990s and 2000s, researchers have designed new AI systems for telecom industry that helped in increasing the operational efficiency with the expertise of telecom operators.

IBM Makes Watson Widely Available, Nuance Signs Distributor Agreement With Redington and Gridsum Forms Strategic Partnership With New H3C Group

Stocks discussed: (NYSE:IBM) (NasdaqGS:NUAN) (BSE:REDINGTON) (NasdaqGS:GSUM)

IBM (NYSE:IBM) has made its AI platform Watson widely available. According to the press release, it is now "portable across any cloud and empowered businesses to prevent vendor lock-in and start deploying AI wherever their data resides". Rob Thomas, General Manager of IBM Data and AI, said:

"Businesses have largely been limited to experimenting with AI in siloes due to the limitations caused by cloud provider lock-in of their data. With most large organizations storing data across hybrid cloud environments, they need the freedom and choice to apply AI to their data wherever it is stored. By breaking open that siloed infrastructure we can help businesses accelerate their transformation through AI."

Nuance Communications, Inc. (NasdaqGS:NUAN) has signed a distributor partnership with Indian company Redington Limited (BSE:REDINGTON) for the former's Dragon speech recognition software. Derek Austin, Nuance's Sales Manager Asia Pacific, commented:

"We are delighted to announce our new partnership with Redington. Nuance Dragon technology is the world's leading speech recognition solution for writing documents and demand for Dragon continues to build. Our partnership with Redington will extend local reseller access to our Dragon platform, grow our end-user customer base, and support our partner-centric distribution strategy."

Gridsum Holding Inc. (NasdaqGS:GSUM) has formed a strategic partnership with digital solutions provider New H3C Group. The partnership is aimed at building at platform to foster industrial transformation and digitization. Mr. Guosheng Qi, Chief Executive Officer of Gridsum, commented:

"New H3C is helping to drive the innovation of digital solutions across China's many industries. We are excited to have the opportunity to work with them to apply our cutting-edge technologies to the manufacturing process. Both companies share a similar philosophy and vision for the future and believe this will greatly benefit China's efforts to [digitize] and transform industries."

Sam Mowers, Investorideas.com


Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, contents creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp ,

Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye - Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com

800 665 0411