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The AI Eye: Accenture (NYSE:ACN) Opens Industry X.0 Innovation Centre at UNESCO Site in Germany and Nuance (NasdaqGS:NUAN) Announces CDI Tech Drives Results for Healthcare Industry

 

Point Roberts, WA and Vancouver, BC - May 21, 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: Accenture (NYSE:ACN) Opens Industry X.0 Innovation Centre at UNESCO Site in Germany and Nuance (NasdaqGS:NUAN) Announces CDI Tech Drives Results for Healthcare Industry

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

Accenture Opens Industry X.0 Innovation Centre at UNESCO Site in Germany and Nuance Announces CDI Tech Drives Results for Healthcare Industry

Stocks discussed: (NYSE:ACN) (NasdaqGS:NUAN)

Accenture (NYSE:ACN) has opened an Industry X.0 Innovation Centre in Essen, Germany, which will apply AI, blockchain, IoT, augmented reality and other digital technologies to the resources industry. Industry X.0 is Accenture's solution for the digitization of the economy. The new Innovation Centre is built on a UNESCO world heritage site at Zollverein - a historic coal mining and industrial complex. Götz Erhardt, a managing director at Accenture, said:

"The Industry X.0 Innovation Center in Essen addresses the industry-specific challenges and needs of our clients and, through collaboration with our experts, can help them achieve incremental and breakthrough innovation. The center's combination of practical use cases, innovation and design-thinking tools and techniques, and industrial-ready digital technologies will help rejuvenate the industrial heart of Germany."

Nuance Communications Inc. (NasdaqGS:NUAN) has announced that their cloud based clinical documentation improvement (CDI) technology has resulted in more efficient workflows, enhanced productivity, and improved CDI and care team satisfaction among customers. Michael Clark, senior vice president, general manager of provider solutions at Nuance, said:

"Our clinically-based approach to CDI is backed by thirty years of experience and is deeply embedded in workflows to maximize program impact and resources. We are focused on delivering productivity, revenue, and quality improvements for our growing base of customers, and proud to say 85 percent of customers achieve top-quality ratings, and 90 percent of clinicians agree that Nuance helps improve the quality of clinical documentation."

AI to Drive Digital Signage Market to a 14 to 18% CAGR from 2019-2025

A report from Industry Arc finds that the global digital signage market, which was worth between $3.5 and $4 billion in 2018, will experience a compound annual growth rate (CAGR) of between 14 to 18 percent from 2019 to 2025. The press release indicates that the inclusion of artificial intelligence technology will be a key market driver:

The entry of AI is also expected to be another game changer, allowing for extraordinary data analysis and integration. Using AI, data feeds get processed or converted into messages on their own, without any intervention. For instance, the Common Alerting Protocol (CAP) system is a technology that functions automatically to generate localized alerts based on data coming from other sources. In the same way, digital signage systems function by displaying board messages based on the data received from another operator. This will enable cross-promotion on a completely new scale. Layered integrated marketing campaigns that syndicate with mobile technology will truly be possible.

Sam Mowers, Investorideas.com


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