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The AI Eye: Microsoft (NASDAQ: MSFT) Expands Partnership with Dell (NYSE: DELL), Vmware (NYSE: VNW) and Accenture (NYSE: ACN) Launches Interactive AI Solution for Elderly Loneliness

 

Point Roberts, WA and Vancouver, BC - April 30, 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: Microsoft (NASDAQ: $MSFT) Expands Partnership with Dell (NYSE: $DELL), Vmware (NYSE: $VNW) and Accenture (NYSE: $ACN) Launches Interactive AI Solution for Elderly Loneliness

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

Microsoft (NasdaqGS:MSFT) is expanding its partnership with Dell Technologies (NYSE:DELL) and VMware, Inc. (NYSE:VMW) to promote customers' digital transformation. The companies will leverage their respective solutions, such as the VMware cloud infrastructure and Microsoft Azure, to facilitate implementation of AI and IoT technologies. Satya Nadella, CEO, Microsoft said:

"At Microsoft, we're focused on empowering customers in their digital transformation journey, through partnerships that enable them to take advantage of the Microsoft cloud, using the technologies they already have. Together with Dell Technologies and VMware, we are providing our mutual customers with an integrated cloud experience and digital workplace solutions to open up new opportunities and meet their evolving needs."

Accenture (NYSE:ACN) has launched a conversational AI solution called Memory Lane, that addresses issues of loneliness among the elderly through an interactive smart speaker. The project is in collaboration with Swedish energy provider Stockholm Exergi. As the press release explains:

Memory Lane enables a conversation by inviting someone who is lonely to tell their life story - a story that might never have been told. Once Memory Lane has captured the whole discourse, the discussion is converted instantly into both a physical book and a podcast. Quite simply, Memory Lane co-writes a story by human and machine that can be shared by participants with future generations.

Christian Souche, director at Accenture Interactive Innovation Center, commented:

"We installed Memory Lane in the participants' homes and it instantly sparked intimate conversations. It brought old memories and amazing life stories to life; stories that had never been told before. Prior to this, voice technology is not often perceived as human but this project and collaboration with Stockholm Exergi demonstrates that technology can contribute to connecting generations and making society healthier. Eventually we want to open this concept and platform out to everyone, to share their life stories, regardless of age."

Global AI in Software Market to Hit $118.6 Billion by 2025

New research from Tractica finds that the global AI in software market will grow from $9.5 billion USD in 2018 to $118.6 billion by 2025. Research director Aditya Kaul said:

"While the market is still a few years away from an inflection point for real growth, it is critical for both end users and solutions providers to identify the technologies and use cases where they want to invest in AI."

An excerpt from the report summary reads:

Tractica has built a taxonomy of more than 300 AI use cases across 30 industry sectors that captures the business-to-business (B2B) software opportunity related to AI. The use cases cover three major meta-categories: vision, language, and analytics. Analytics is a major driver for AI and is a continuation of business analytics and classical machine learning (ML) techniques that have been traditionally applied to extract meaning from raw data. However, according to Tractica's analysis, deep learning (DL)-based human perception based on vision and language is a bigger driver for AI in the long run.

Sam Mowers, Investorideas.com


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