The AI Eye: VSBLTY (CSE: $VSBY.C) (OTC: $VSBGF) Joins Microsoft One (Nasdaq: $MSFT), NICE (Nasdaq: $NICE) Announces Robotic Process Automation Version 7.1
Point Roberts, WA and Vancouver, BC - July 2, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence.
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The #AI Eye: VSBLTY (CSE:$VSBY.C) ( OTC: $VSBGF) Joins Microsoft One(Nasdaq: $MSFT), NICE (Nasdaq: $NICE) Announces Robotic Process Automation Version 7.1
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (CSE:VSBY) (5VS.F) (VSBGF) (NasdaqGS:MSFT) (NasdaqGS:NICE) (NasdaqGS:NUAN)
VSBLTY Groupe Technologies Corp. (CSE:VSBY) (5VS.F) (VSBGF) has been selected by Microsoft (NasdaqGS:MSFT) to join Microsoft One - the latter's elite group of global independent software vendors for intensive joint sales, support and go-to-market initiatives. Jay Hutton, VSBLTY co-founder and CEO, commented:
"We are thrilled to be selected as a commercial partner by Microsoft. Our executive team has a long history with Microsoft, including our Chief Technology Officer, Tim Huckaby, who has worked for or with Microsoft for more than 25 years. A Microsoft Global RD and Microsoft MVP, Tim serves on many councils and boards including the Microsoft Application Development Partner Advisory Council. This is another example of a force multiplier for VSBLTY. Enlisting the strength and breadth of the Microsoft global sales force will certainly move the needle both in terms of reach and credibility."
NICE Ltd. (NasdaqGS:NICE) has announced its Robotic Process Automation version 7.1. This new version boasts AI-driven automation discovery for identifying sub-processes, proactive identification of automation workflows and connectivity issues, intelligent real-time data, dashboards and sophisticated control features - all of which combine to drive automation development, business continuity and efficient robotic and human workforce management.
Nuance Communications Inc. (NasdaqGS:NUAN) has been named the market leader in Opus Research's Intelligent Authentication and Voice Biometrics Intelliview Report. Brett Beranek, General Manager, Security Business, Nuance Enterprise, commented:
"Being recognized once again by Opus Research as a leader in the biometrics market is a testament to the dogged focus our team has had on ensuring our technology is evolving as fast as the fraudsters are. Today our technology powers the world's largest banks and telcos to not only prevent and prosecute fraudsters, but also enable the kind of channel-less, streamlined experience consumers demand today. Seeing the success of these deployments and witnessing the value our technology offers these organizations is what motivates us to continue to innovate."
AI Software in Legal Market to See 28% CAGR from 2019-2024
A report from Research and Markets finds that the AI software market in the legal industry is projected to see a compound annual growth rate (CAGR) of 28 percent in the forecast period 2019-2024. An excerpt from the report description reads:
The market is witnessing an increase in the adoption of AI solutions to manage the entire legal process efficiently. For instance, In-house legal departments spend 50% of their time reviewing contracts even as basic as a Non-Disclosure Agreement, creating unnecessary bottlenecks and slowing down business and deals. AI is helping lawyers to focus their review on the relevant segments of each contract, saving countless lawyer-hours.
Increasing demand for automation in applications such as contract review and management, eDiscovery, case prediction, and compliance are boosting the market's growth positively. The automation of contract management enhances the sales team's abilities to finalize deals, improves relationships with customers, and impacts many other areas of an organization to enable companies to realize real, tangible value.
Sam Mowers, Investorideas.com
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