The AI Eye: HPE (NYSE: $HPE) Expands Hybrid Cloud Portfolio Including AI Operations and NICE (Nasdaq: $NICE) Actimize Ranked Tech Leader in New Report
Point Roberts, WA and Vancouver, BC - June 19, 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: HPE (NYSE: $HPE) Expands Hybrid Cloud Portfolio Including AI Operations and NICE (Nasdaq: $NICE) Actimize Ranked Tech Leader in New Report
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:HPE) (NasdaqGS:NICE)
Hewlett Packard Enterprises (NYSE:HPE) has announced the expansion of its hybrid cloud portfolio, which includes extending AI-driven operations and composability. An excerpt from the press release reads:
HPE is integrating HPE InfoSight AI operations into HPE SimpliVity to simplify virtual machine management and free IT staff to focus on innovation. Together, HPE SimpliVity and HPE InfoSight, the industry's most advanced AI for infrastructure, provides customers with global visibility into detailed system, performance, and capacity utilization-enabling predictive data analytics and recommendations for system and performance optimization.
NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has been ranked as the overall Technology leader in global advisory and consulting firm Quadrant Knowledge Solutions' recently published report: Market Outlook: Enterprise Fraud Management, 2019-2024, Worldwide. The report noted:
"NICE Actimize with recent technology enhancements is well positioned to provide an end-to-end integrated fraud management solution with easy and scalable data integration, augmented intelligence, open architecture, agile advanced analytics, and cloud-native PaaS platform services."
Craig Costigan, CEO, NICE Actimize, commented:
"We have had a strong year in enterprise fraud innovation, highlighted by the introduction of our IFM-X integrated fraud management platform that leverages automation and machine learning to optimize effectiveness while reducing the total cost of implementing and operating an enterprise fraud risk management system. We are pleased to have these advancements acknowledged in this analysis."
Global MLaaS Market to See 49% CAGR from 2019-2025
Data from Report Consultant finds that the global machine learning as a service market (MLaaS) will see a compound annual growth rate (CAGR) of 49 percent from 2019-2025, according to a piece covering it on the site A Market Research Report. An excerpt from the piece outlines the technology:
Machine Learning As A Service (MLaaS) is a variety of administrations that give machine learning instruments as cloud computing services. MLaaS enables customers to profit by machine learning without the related cost, time and danger of setting up an in-house inside machine learning group. Infrastructural concerns, for example, information pre-handling, show preparing, demonstrate assessment, and at last, expectations, can be moderated through MLaaS.
Sam Mowers, Investorideas.com
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