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The #AI Eye: Microsoft ( $MSFT) Unveils Azure Sentinel, Baidu ( $BIDU) Launches AI Home Theatre and Smart Speaker and NICE ( $NICE) Takes Stevie Award for NEVA

Global AI in Workspace Market CAGR of 41% from 2018-2023

 

Point Roberts, WA and Vancouver, BC - February 28, 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) Unveils Azure Sentinel, Baidu ( $BIDU) Launches AI Home Theatre and Smart Speaker and NICE ( $NICE) Takes Stevie Award for NEVA

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

Global AI in Workspace Market CAGR of 41% from 2018-2023

A report from Market Research Future finds that the global AI in workspace market is projected to see a compound annual growth rate of 41 percent in the forecast period 2018-2023. An excerpt from the report summary reads:

Artificial Intelligence technology is advancing by leaps and bounds in the current industry. It has been one of the most rapidly-growing technologies. With the help of AI, huge amounts of data are combined with fast, iterative processing. Along with the AI algorithms, the software can learn patterns and characteristics from the data. The machine can also learn from its previous mistakes and improvise. The complex raw data is thus analyzed for business insights by just being connected to smart devices every day. Thus, the workspace gets more productive and efficient by application of analytics and AI. Manufacturers of AI face huge underlying intellectual challenges in the development of the technology as it is evolving every day. With AI, the situations and possibilities which were science fiction, have now become a real and integral part of the workspace. AI is considered as one of the most basic technologies of the next gen software technologies in the market.

Microsoft Unveils Azure Sentinel, Baidu Launches AI Home Theatre and Smart Speaker and NICE Takes Stevie Award for NEVA

Stocks discussed: (NasdaqGS:MSFT) (NasdaqGS:BIDU) (NasdaqGS:NICE)

Bloomberg reports that Microsoft (NasdaqGS:MSFT) has unveiled the Azure Sentinel Cloud Security platform, which uses "artificial intelligence to comb through data to find threats".

According to the report:

Azure Sentinel can quickly download a customer's Office cloud data and combine that with security information to find threats. For example, Office email spam data can provide clues on suspicious accounts or computers that have turned into zombie spam-sending machines.

Baidu, Inc. (NasdaqGS:BIDU) launched two new AI-based IoT smart devices in China - an AI home theatre system called Xiadu TV Mate, and a smart speaker called Xiadu Smart Display 1S. Jing Kun, General Manager of Baidu's Smart Living Group, said:

"Xiaodu smart speaker and displays are entering millions of households in China as a reliable virtual assistant. With the launch of these two Xiaodu products, Baidu has established an AI product ecosystem with integrated software and hardware. We will continue to build AI assistant services that are everywhere, improve user interaction with devices, and make a complex world simpler through technology."

NICE Ltd. (NasdaqGS:NICE) announced that NEVA (NICE Employee Virtual Attendant) has been presented a Gold Stevie at the 13th annual Stevie Awards for Sales & Customer Service. Barry Cooper, President, NICE Enterprise Group, said:

"We are honored to receive this prestigious acknowledgement for our innovative contribution towards taking customer engagement to new heights within the industry. As leaders in attended automation, we have leveraged an unprecedented opportunity to combine Robotic Process Automation with smart virtual assistant technology to effectively synchronize both the human and virtual workforces. NEVA enables humans to deliver exceptionally tailored experiences while the robotic workforce dramatically improves processing accuracy, speed and overall operational efficiencies."

Sam Mowers, Investorideas.com


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