The AI Eye: IBM (NYSE: IBM) Signs Five-Year Multi-Million Dollar Deal with Vodafone Idea (NSE: IDEA) to Bring AI and Cloud Solutions and Google AI Announces Google (Nasdaq: GOOGL) Landmarks V2
Point Roberts, WA and Vancouver, BC - May 6, 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: IBM (NYSE: $IBM) Signs Five-Year Multi-Million Dollar Deal with Vodafone Idea (NSE: $IDEA) to Bring AI and Cloud Solutions and Google AI Announces Google-(Nasdaq: $GOOGL) Landmarks V2
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:IBM) (NSE:IDEA) (NasdaqGS:GOOGL)
IBM (NYSE:IBM) has signed a multi-million dollar, five-year agreement with Vodafone Idea (NSE:IDEA) to deliver the latter with hybrid cloud and AI solutions. The integration of IBM's Hybrid and Multicloud, analytics and AI security capabilities will enhance Vodafone Idea's business efficiency, improving the service for its more than 387 million subscribers. Juan Zufiria, IBM Senior Vice President of Global Technology Services said:
"Consumers have come to expect mobile networks that effortlessly meet their data demands providing the consistency and flexibility required in today's era of interconnectedness. Our collaboration with Vodafone Idea will take advantage of Hybrid and Multicloud, Analytics and AI, to enable Vodafone Idea to further differentiate itself in the market, including by leveraging the convergence of Network and IT in the Cloud."
Google (NasdaqGS:GOOGL) announced in a recent AI blog post the newest version of their Google-Landmarks dataset. Google-Landmarks employs instance-level recognition image classification technology to accurately identify human-made and natural landmarks. The new version features over five million images, double from the previous version, and over 200,000 different landmarks, which is seven times more than the previous version.
Wearable AI Market to See 30% CAGR from 2019-2025
New research from Global Market Insights finds that the wearable AI market will see a compound annual growth rate (CAGR) of 30 percent from 2019 to 2025. An excerpt from the report summary describes how health and fitness trends are promoting growth in the market:
The rising focus of consumers on fitness & health monitoring is driving the growth of the wearable AI market. As obesity and heart-related diseases are increasing across the globe, the demand for wearable devices among consumers to monitor their fitness levels is also rising. Fitness bands and smartwatches are equipped with various sensors to monitor numerous health-related vitals, such as heartbeats and blood pressure, allowing users to monitor their health conditions daily without the intervention of any medical professionals. It also allows users to monitor their health conditions in real-time in a cost-effective manner, promoting the use of smart wearable devices among consumers across the globe.
Sam Mowers, Investorideas.com
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