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The AI Eye: AWS (NasdaqGS:AMZN) Chosen by NASCAR for AI and Cloud, Apple (NasdaqGS:AAPL) Reveals Siri Upgrades and IBM (NYSE:IBM) Updates Db2 Database

 

Point Roberts, WA and Vancouver, BC - June 4, 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: AWS (NasdaqGS: $AMZN) Chosen by NASCAR for AI and Cloud, Apple (NasdaqGS: $AAPL) Reveals Siri Upgrades and IBM (NYSE: $IBM) Updates Db2 Database

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

Stocks discussed: (NasdaqGS:AMZN) (NasdaqGS:AAPL) (NYSE:IBM)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), announced that it was selected by NASCAR to be the latter's standard for cloud-based machine learning and artificial intelligence workloads. The collaboration will see NASCAR leveraging AWS technology to curate interactive multimedia experiences for fans. Mike Clayville, Vice President, Worldwide Commercial Sales at AWS, said:

"Amazon's 20 years of machine learning experience, along with our broad analytics and machine learning capabilities, make us the best choice for organizations who want to use machine learning to gain insights into their data and establish new levels of engagement with their customers."

Apple (NasdaqGS:AAPL) revealed details for iOS 13, previewing the new operating system's improved features and performance. Among the new developments is a new and improved Siri virtual assistant, which comes with upgraded speech recognition capabilities and a new more natural sounding voice.

IBM (NYSE:IBM) today announced an upgrade to its Db2 database which will allow enterprises to infuse AI and data science into their database management processes to more easily build AI into applications and gain greater insights from their data. Daniel Hernandez, Vice President, IBM Data and AI, said:

"The advances we've made to Db2 today are reflective of our clients' growth, and the acceleration of AI adoption we all expect. No longer a traditional system of record or datastore, the database is rapidly becoming a distinct component of the AI strategy, and Db2 is that AI database."

Global AI Ops Platform Market to Hit $18.51 Billion by 2025

A report from Data Bridge Market Research finds that the global AI Ops Platform market will grow from $1.76 billion in 2017 to $18.51 billion by 2025 with a compound annual growth rate (CAGR) of 34.2 percent in the forecast period. An excerpt from the report description defines the market:

Artificial Intelligence for IT operations (AI Ops) is mostly known as an umbrella platform, where it automatically identify and resolves the IT issues by using big data analytics, machine learning and other artificial intelligence technologies. The AI Ops brings three capabilities to the enterprises by bringing down the IT system alerts, recognizes the serious trouble in faster and greater accuracy than humans and brings interaction between the data centers groups and teams. In addition, it is applicable in proper data storage, protection, retention and secure data.

Sam Mowers, Investorideas.com


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