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The #AI Eye: Microsoft ( $MSFT) Partners with Telefónica ( $TEF), Qualcomm ( $QCOM) Launches #Robotics Platform and NICE ( $NICE) introduces #AI-Powered Enhanced Strategic Planner

Global AI in Robots Market to Reach $23.92 Billion with 29.4% CAGR from 2019-2026

 

Point Roberts, WA and Vancouver, BC - February 25, 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.

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The #AI Eye: Microsoft ( $MSFT) Partners with Telefónica ( $TEF), Qualcomm ( $QCOM) Launches #Robotics Platform and NICE ( $NICE) introduces #AI-Powered Enhanced Strategic Planner

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

Global AI in Robots Market to Reach $23.92 Billion with 29.4% CAGR from 2019-2026

A recently published report from Verified Market Research finds that the global AI in Robots market is projected to reach $23.92 billion USD by 2026 with a compound annual growth rate (CAGR) of 29.4 percent in the forecast period 2019-2026. An excerpt from the report description reads:

Key factors such as high adoption of robots for personal use such as companionship and entertainment and support from governments worldwide to develop modern technologies are anticipated to drive the global Artificial Intelligence (AI) Robots market in the forecast period.

On the contrary, reluctance to adopt new technologies and absence of standardized regulations to prevent risks associated with networked and autonomous robots could be few of the major restraining factors in the growth of this market in the coming years.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study.

Microsoft Partners with Telefónica, Qualcomm Launches Robotics Platform and NICE Introduces AI-Powered Enhanced Strategic Planner

Stocks discussed: (NasdaqGS:MSFT) (NYSE:TEF) (NasdaqGS:QCOM) (NasdaqGS:NICE)

Microsoft (NasdaqGS:MSFT) and Telefónica (NYSE:TEF) have announced a strategic partnership which will the see the former's Azure AI platform work with the latter's networks to develop future services. Microsoft CEO Satya Nadella said:

"Telefónica has been a leader in using AI to transform customer engagement, and the strategic partnership we announced today builds on this history of innovation. Together, we will apply the power of Azure and Azure AI to create new, innovative experiences for millions of Telefónica customers around the world and shape the future of Telefónica's network."

Qualcomm Incorporated (NasdaqGS:QCOM) has announced the launch of the Qualcomm Robotics RB3 Platform, described as: "the Company's first integrated, comprehensive offering designed specifically for robotics." Dev Singh, director of business development and head of autonomous robotics, drones and intelligent machines at Qualcomm Technologies, Inc. commented:

"With the Qualcomm Robotics RB3 Platform, we aim to bring our cutting-edge AI, edge compute and connectivity technologies into the hands of many more robotics innovators to help spur the fast development and commercialization of a new generation of useful and intelligent robots in agriculture, consumer, delivery, inspection, service, smart manufacturing/Industry 4.0, warehousing and logistics, and other applications."

NICE Ltd. (NasdaqGS:NICE) has introduced the NICE Enhanced Strategy Planner (ESP), an AI-powered cloud-based development that enhances long-term strategic planning. Barry Cooper, President, NICE Enterprise Group, said:

"With Enhanced Strategic Planner, NICE have brought yet another innovative offering to market that sets contact centers up to win and reiterates our leadership in this domain. This powerful, easy to use solution helps contact centers to accurately predict future resource needs by identifying the impact of a resource plan on key metrics such as service levels, staffing levels and handle time. As a result, contact centers can achieve metrics more reliably, benefiting from the most optimal future resource plan."

Sam Mowers, Investorideas.com


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