The AI Eye: IBM (NYSE:IBM) Launches Watson Ads Builder, Accenture (NYSE:ACN) Teams to Develop Car Cabin of the Future and LogMeIn (NasdaqGS:LOGM) Announces New AI-Powered Bold360 Suite
Point Roberts, WA and Vancouver, BC - June 5, 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: IBM (NYSE: $IBM) Launches Watson Ads Builder, Accenture (NYSE: $ACN) Teams to Develop Car Cabin of the Future and LogMeIn (NasdaqGS: $LOGM) Announces New AI-Powered Bold360 Suite
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:IBM) (NYSE:ACN) (NasdaqGS:LOGM)
IBM (NYSE:IBM) has announced the launch of Watson Ads Builder, an AI-powered ad developer that creates a dialogue between the brand and consumer. The platform employs natural language processing to enable fast and accurate conversation with the consumer. Jeremy Hlavacek, Head of Revenue for IBM Watson Advertising, said:
"Consumer expectations are shifting, and people expect the ability to communicate with brands on demand. Watson Ads Builder can change where, when and how brands connect with consumers - helping marketers increase loyalty and purchase consideration."
Accenture (NYSE:ACN) has teamed with auto company Faurecia and tech firm Affectiva to develop the Connected Car Lab - "a digital product and service innovation facility that fits into a car ... to ideate, test and develop applications and experiences for the car cabin of the future". Dr. Rana el Kaliouby, co-founder and CEO of Affectiva, explained the collaboration's development of the car cabin of the future:
"In next-generation vehicles, it will be critical for cars to understand what's happening with the people inside of them to ensure road safety and optimize the in-cabin experience. Integrated with a platform like the Connected Car Lab, Affectiva's Human Perception AI will unlock this awareness of all things human inside a vehicle, through a deep understanding of occupants' moods, emotions, cognitive states, activities, interactions and more."
LogMeIn, Inc. (NasdaqGS:LOGM) has announced a new suite of products built on its AI-powered Bold360 customer engagement platform. The new products, Bold360 Service, Advise and Acquire, are designed to take the customer experience to the next level. Paddy Srinivasan, SVP & General Manager, Customer Engagement & Support Solutions at LogMeIn, commented:
"Companies have an opportunity to elevate the experience they provide by moving beyond one-and-done interactions to create continuous engagements with their customers. We're expanding Bold360 to deliver conversational AI to all customer touchpoints - from sales, to service, to post-sale support. This new suite of solutions helps bring the best of AI powered bots and front-line employees to all the places customers need them most."
AI Edge Processor Shipments to Hit 1.5 Billion by 2023 - IDC
According to a press release yesterday, market intelligence firm International Data Corporation (IDC) forecasts that worldwide shipments of AI-optimized processors for edge systems will reach 340.1 million units in 2019, an increase of 170 percent over the previous year, and that by 2023, the market will reach unit shipments of 1.5 billion with a five-year compound annual growth rate (CAGR) of 64.9 percent. Michael J. Palma, research director in IDC's Enabling Technologies and Semiconductor research team, said:
"The success of AI resides in systems deployed to the edge, where instant decisions made by neural networks can actually create value, unfettered by latency and connectivity issues that can challenge cloud-based solutions. But the promise of AI at the edge depends on the development of highly efficient compute processing elements, optimized for AI workloads, that support the power-constrained nature of most edge systems. Currently, discrete accelerators offer the greatest performance but add to BOM costs. Eventual success will likely rest on the integration of AI-optimized processing elements within host processors."
Sam Mowers, Investorideas.com
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