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The AI Eye: VSBLTY Groupe (CSE: $VSBY.C) (OTC: $VSBGF) Invited to Exhibit at NBA Security Conference, Accenture (NYSE: $ACN) Named AI Services Leader

 

Point Roberts, WA and Vancouver, BC - June 27, 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: VSBLTY Groupe (CSE: $VSBY.C) (OTC: $VSBGF) Invited to Exhibit at NBA Security Conference, Accenture (NYSE: $ACN) Named AI Services Leader

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

Stocks discussed: (CSE:VSBY) (5VS.F) (VSBGF) (NYSE:ACN) (ASX:BRN)

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) has been invited to exhibit at the NBA Security Conference 2019 Vendor Summit at the Bellagio Hotel in Las Vegas June 27 and 28. VSBLTY's retail and security technology, which is based on facial recognition, analytics tools and non-occluded weapon detection using AI, ML and computer vision, could work well at an NBA event, where signage, kiosks and camera network are already ubiquitous. VSBLTY Co-Founder and CEO Jay Hutton commented:

"This is an opportunity for us to demonstrate the intersection of marketing and security and the new face of commercial venues and public places,"

"Our SaaS-based audience and operational measurement and security software enables VSBLTY to lead the effort to deliver surveillance and key marketing intelligence and operational analytics and customer experiences in one platform, allowing multiple venue stakeholders to gain value from the investment."

Accenture (NYSE:ACN) has been named a leader in IDC MarketScape's Worldwide Artificial Intelligence Services 2019 Vendor Assessment. Jennifer Hamel, research manager, Analytics and Intelligent Automation Services, IDC, commented:

"Smart investments in both skills and technology solutions to build out Accenture Applied Intelligence gave Accenture a strong position in the AI services market. The company's industry-led, strategic approach and end-to-end services capabilities help clients achieve their desired business outcomes through AI adoption."

BrainChip Holdings Limited (ASX:BRN) has signed a definitive agreement with Socionext America Inc (SNA) for product development and manufacturing of its Akida Neuromorphic System-on-Chip (NSoC). According to the press release, "Akida is a complete edge network AI SoC, which includes on-chip training, inference and continuous unsupervised learning". Noriaki Kubo, Corporate Executive Vice President of Socionext, said:

"We are excited to join BrainChip in the design, development and introduction of Akida. Bringing artificial intelligence to edge applications is a major industry development and a strategic application segment for Socionext. Socionext provides suppliers such as BrainChip with a large engineering solutions platform, ranging from integrated circuit design through final test and assembly, to bring high quality products to market efficiently."

AIaaS in Middle East & Africa to See 35.05% CAGR 2019-2027

A recently-published report from Research and Markets finds that the AI as a service market in the Middle East & Africa region is projected to exhibit a compound annual growth rate (CAGR) of 35.05 percent in the forecast period 2019-2027. An excerpt from the report description reads:

The countries in the Middle East and Africa aim to use AI in healthcare systems. Due to the benefits which AI provides in different sectors, the spending on researching and implementing this technology has increased significantly in these countries. Government/semi-government, energy, healthcare and financial sectors are among the major spenders on artificial intelligence. Such initiatives and factors are driving the market for AI as a Service in MEA.

Sam Mowers, Investorideas.com


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