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The #AI Eye: VSBLTY (CSE: $VSBY.C) Joins News America Marketing to Demonstrate Cutting Edge Digital Signage, Nuance ( $NUAN) Announces New Tech for Agent #AI

 

Point Roberts, WA and Vancouver, BC - March 6, 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 (CSE: $VSBY.C) Joins News America Marketing to Demonstrate Cutting Edge Digital Signage, Nuance ( $NUAN) Announces New Tech for Agent #AI

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

According to data from a report published by Zion Market Research, the global mobile artificial intelligence market is projected to hit $22.4 billion by 2024 at a compound annual growth rate of 28.4 percent in the forecast period 2018-2024. An excerpt from the report analysis reads:

Mobile artificial intelligence (AI) market is anticipated to grow at a rapid pace owing to the rising demand for Smartphones. Major Smartphone manufacturers are utilizing AI in smartphones and various other devices. The global smartphones sales in the first quarter of 2017 increased by about 9% as compared to the same period in 2016. Apple, Samsung, and Huawei had a share of 13.7%, 20.7%, and 9%, respectively in 2017. Furthermore, the total smartphones shipments are expected to reach 1.64 billion units by 2022. However, the lack of technical expertise might limit the mobile artificial intelligence (AI) market globally in the years ahead. Automation in the Asia Pacific region is likely to open new growth avenues for the mobile artificial intelligence (AI) market in the future.

VSBLTY Joins News America Marketing to Demonstrate Cutting Edge Digital Signage, Nuance Announces New Tech for Agent AI and BrainChip Sponsors tinyML Summit

Stocks discussed: (CSE:VSBY) (NasdaqGS:NUAN) (ASX:BRN)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (Frankfurt: 5VS) is joining News America Marketing (NAM) to demonstrate a variety of state-of-the-art digital signage at Shoptalk in Las Vegas March 3-6. The digital signs enable retailers to target ads based specifically on consumers' age, gender, location, while simultaneously capturing valuable point-of-purchase data on consumer traffic, engagement, dwell time and interaction. VSBLTY CEO and Co-Founder Jay Hutton explained:

"Beyond simply signage, our technology-which uses artificial intelligence combined with machine learning-enables consumers to interact with the display, manipulate content, and engage in a rich, immersive shopper experience through intuitive touch."

Nuance Communications Inc. (NasdaqGS:NUAN) has announced a new technology bundle pertaining to their Agent AI, which "lets organizations maximize agent efficiency and improve job satisfaction while delivering superior service to the end customer". Robert Weideman, EVP and GM, Enterprise Division, Nuance Communications explained:

"Too often, when AI in the contact center is discussed, there is a concern that it will take jobs away from humans, when in reality the most successful customer engagement strategies include a blended approach between customer service professionals and AI. Agent AI is not about replacing humans. Instead, it is about strengthening the confidence of agents. By leveraging AI, we are actually empowering agents to succeed and enabling them to deliver the best experience possible with less frustration for both them and the customers they are serving."

BrainChip Holdings Limited (ASX:BRN) will sponsor the inaugural tinyML summit - "an elite gathering of experts developing and commercializing machine learning for energy efficient applications". At the summit, BrainChip will demonstrate their Akida NSoC and Akida Development Environment, which are optimized for machine learning at the edge.

Sam Mowers, Investorideas.com


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