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The AI Eye: VSBLTY (CSE: $VSBY.C) CEO Talks About Object Recognition, Accenture (NYSE: $ACN) Collaborates with Google Cloud (NASDAQ: $GOOG) to Transform Customer Experience Using AI

 

Point Roberts, WA and Vancouver, BC - April 11, 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: VSBLTY (CSE: $VSBY.C) CEO Talks About Object Recognition, Accenture (NYSE: $ACN) Collaborates with Google Cloud (NASDAQ: $GOOG) to Transform Customer Experience Using AI

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

Stocks discussed: (CSE:VSBY) (NYSE:ACN) (NasdaqGS:GOOG) (NYSE:HON) (NasdaqGS:INTC)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) was at the Gravitas Securities 2019 Growth Conference in Vancouver, where CEO Jay Hutton spoke to SmallCapPower in an interview published yesterday. Hutton spoke of the company's object recognition technology, and how the data gleaned from it can gauge the effectiveness of advertisements.

"We're working on, and are about to release technology that recognizes objects. So not only can I recognize the sentiment, age range, gender - all those things - but now I recognize ... if the display of a specific ad resulted in the purchase of a product, because I can see it coming off the shelf."

Below is a link of the full interview:

https://www.youtube.com/watch?v=MTPvZffz9uY



Accenture (NYSE:ACN) and Alphabet Inc.'s (NasdaqGS:GOOG) Google Cloud are collaborating to help enterprises to transform customer experience. This will include the leveraging of Google Cloud's Contact Center AI and AI and data management capabilities to help companies better understand their customers through data. Paul Daugherty, chief technology & innovation officer at Accenture, commented:

"Leading organizations are actively working to gain a competitive advantage by providing differentiated experiences and omni-channel interactions with their customers. Expanding the scope of our collaboration is a great example of how Accenture and Google Cloud are fueling the next generation of digital innovation and business growth by harnessing the power of AI that can deliver real outcomes for our clients."

Honeywell International Inc. (NYSE:HON) has announced a technology integration with Intel (NasdaqGS:INTC) that will enable new artificial intelligence (AI) capabilities in its MAXPRO connected security platform. MAXPRO's security prowess will be enhanced by the incorporation of Intel Vision's advanced analytics, deep learning and facial recognition capabilities. Pete Lau, President, Commercial Security, Honeywell, said:

"Ensuring the security of commercial buildings and the safety of those within them has always been Honeywell's top priority. With emerging technology like analytics, facial recognition and deep learning, Honeywell and Intel are connecting buildings and protecting people like never before."

Global AI in SCM Market by AIaaS to Reach $1.3 Billion by 2024

A report from Research and Markets finds that the global AI in supply chain management (SCM) market by AI-as-a-Service will grow to $1.3 billion by 2024. An excerpt from the report description reads:

Leading SCM solutions catalyze information sharing across organizational units and geographical locations, enabling decision-makers to have an enterprise-wide view of the information needed in a timely, reliable and consistent fashion. Various forms of Artificial Intelligence (AI) are being integrated into SCM solution to improve everything from process automation to providing greater visibility into static and real-time data as well as related management information systems.

In addition to fully automated decision making, AI systems are also leveraging various forms of cognitive computing to optimize the combined efforts of artificial and human intelligence. For example, AI in SCM is enabling improved supply chain automation through the use of virtual assistants, which are used both internally (within a given enterprise) as well as between supply chain members (e.g. customer-supplier chains).

Sam Mowers, Investorideas.com


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