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The AI Eye: Accenture (NYSE: ACN) to Acquire Cirruseo, NVIDIA (NASDAQ: NVDA) and Nuance (NASDAQ: NUAN) Working with American College of Radiology to Leverage AI in Diagnostics

 

Point Roberts, WA and Vancouver, BC - April 9, 2019 (Investorideas.com Newswire) 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: Accenture (NYSE: $ACN) to Acquire Cirruseo, NVIDIA (NASDAQ: $NVDA) and Nuance (NASDAQ: $NUAN) Working with American College of Radiology to Leverage AI in Diagnostics

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

Accenture (NYSE:ACN) has entered negotiations to acquire Google Cloud services provider Cirruseo. The acquisition would allow Accenture to better assist clients in leveraging Google Cloud technologies in an industry-specific context, including artificial intelligence solutions such as data analytics and machine learning tools. Olivier Girard, Accenture’s Geographic Unit managing director for France and Benelux, commented:

“The addition of Cirruseo would be a significant step forward in our growth strategy in France, bringing a strong team of Google Cloud specialists to Accenture. The combination of Cirruseo’s mastery of Google Cloud technologies with our expertise in digital marketing, artificial intelligence and cybersecurity would enhance our ability to deliver a unique end-to-end service offering to help clients with their digital transformations.”

NVIDIA Corporation (NasdaqGS:NVDA) has announced a collaboration with the American College of Radiology (ACR) to accelerate AI adoption in a diagnostic capacity. The ACR AI-Lab will integrate the NVIDIA Clara AI toolkit, which is a platform to create data and algorithm pipelines. Bibb Allen Jr., M.D., FACR and chief medical officer of the Data Science Institute at the ACR, explained:

“This collaboration marks a significant milestone in an extraordinary ACR Data Science Institute project, helping enable the launch of the ACR AI-LAB, giving radiologists in any practice environment an opportunity to become involved in AI development at their own institutions, using their own patient data to meet their own clinical needs.”

Also supporting the ACR AI-Lab is Nuance Communications, Inc. (NasdaqGS:NUAN) and their Nuance AI Marketplace, which is powered by NVIDIA Clara. Karen Holzberger, vice president and general manager of Healthcare Diagnostics at Nuance, commented:

“Combining the strength of the NVIDIA Clara AI platform with the scale of the Nuance AI Marketplace for Diagnostic Imaging will empower ACR AI-LAB developers to rapidly build and seamlessly deploy AI algorithms into the existing clinical workflows of over 70 percent of all radiologists across more than 5,800 connected healthcare facilities.”

Global AI Wearable Market to Hit $251.62 Billion by 2026

A report from Data Bridge Market Research finds that the global AI wearable market will grow from $11.5 billion in 2018 to an estimated $251.62 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 29.20 percent in the forecast period 2019-2026. An excerpt from the report description reads:

Wearable AI is often used to track a person’s vital signs of data those are related to location, health and fitness or even one’s biofeedback indicating emotion. Although it has some issues like privacy and the extent to which they may affect the way of social interaction and how the person looks wearing them and the issues with user-friendliness, it is being used by millions of users worldwide from smartwatches to fitness trackers, ring and bracelets, even smart glasses.

Sam Mowers, Investorideas.com


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