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The #AI Eye: VSBLTY Begins Trading Today on CSE (CSE: $VSBY.C) and NICE ( $NICE) Announces Version 8.0 of NICE Interactive Voice Response Optimization

Global Edge AI Software Market to Reach $1.152 Billion by 2023 with CAGR of 26.5%

 

Point Roberts, WA and Vancouver, BC - February 27, 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: VSBLTY Begins Trading Today on CSE (CSE: $VSBY) and NICE ( $NICE) Announces Version 8.0 of NICE Interactive Voice Response Optimization

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

Global Edge AI Software Market to Reach $1.152 Billion by 2023 with CAGR of 26.5%

A report published on Research and Markets finds that the global Edge AI software market will grow from $356 million USD in 2018 to $1.152 billion USD in 2023 with a compound annual growth rate (CAGR) of 26.5 percent in the same forecast period. An excerpt from the report description reads:

The major growth factors for the market include the increasing amounts of enterprise workloads on the cloud and the rapid growth in the number of intelligent applications. Privacy and security concerns related to edge AI solutions may restrain market growth.

The edge AI software market by application includes autonomous vehicles; access management; video surveillance; remote monitoring and predictive maintenance; telemetry; energy management and others. The autonomous vehicles application is expected to grow at the highest rate, due to the increased demand for edge AI to support autonomous and connected vehicles' infrastructure.

VSBLTY Begins Trading Today on CSE and NICE Ltd. Announces Version 8.0 of NICE Interactive Voice Response Optimization

Stocks discussed: (CSE:VSBY) (NasdaqGS:NICE)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) began trading common shares today on the CSE under the symbol "VSBY". VSBLTY is a retail software and technology company and is a leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning. VSBLTY Chief Executive Officer Jay Hutton is quoted in a press release:

"We are excited to announce the start of trading today, and our entire team is looking forward to executing our plan to reach our business objectives this year and beyond. VSBLTY's creative use of analytics and artificial intelligence is advancing and transforming technology to dramatically change the way the retail, entertainment and transportation industries are communicating with their customers and visitors."

NICE Ltd. (NasdaqGS:NICE) has announced the 8.0 version of their NICE Interactive Voice Response Optimization (IVRO), which is "infused with AI-driven advanced analytics capabilities". According to the press release: "NICE IVRO 8.0 allows organizations to augment self-service driven containment and resolution within the IVR channel. By offering organizations granular journey visualization of every interaction, identifying disparities and obstructions in menus and processes, as well as delivering insights on how to simplify, optimize and personalize journeys, this new version boosts customer experience while saving operational costs. IVRO 8.0 is even easier to deploy, can be added atop any IVR platform and enables users to easily visualize and analyze IVR flows and isolate opportunities for improvement, rapidly providing impactful results."

Sam Mowers, Investorideas.com


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