The AI Eye: VMware (NYSE: $VMW) Announces VMworld Events in San Francisco and Barcelona and Twilio (NYSE: $TWLO) Powers Smart Waste Manager Senseneo with T-Mobile (Nasdaq: $TMUS)
Point Roberts, WA and Vancouver, BC - July 8, 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: VMware: (NYSE: $VMW) Announces VMworld Events in San Francisco and Barcelona and Twilio (NYSE: $TWLO) Powers Smart Waste Manager Senseneo with T-Mobile) (Nasdaq: $TMUS)
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:VMW) (NYSE:TWLO) (NasdaqGS:TMUS)
VMware, Inc. (NYSE:VMW) has announced that its VMworld event will return to San Francisco from August 25-29 and Barcelona from November 4-7. The press release indicates that the events will cover "data center and cloud, networking and security, digital workspace - as well as emerging areas such as IoT, artificial intelligence, blockchain and more". Robin Matlock, senior vice president and chief marketing officer, VMware, commented:
"VMworld 2019 US and VMworld 2019 Europe will demonstrate the impact of today's rapidly changing IT environments, and allow attendees to experience first-hand how to accelerate technology-driven transformation without disruption. We have an action-packed week planned for our customers, partners and for the industry at both events and can't wait to unveil new VMware innovations that help set the stage for what comes next."
Twilio, Inc. (NYSE:TWLO), along with T-Mobile (NasdaqGS:TMUS), will be powering Senseneo - a smart waste management solution provider. Senseneo leverages ultrasonic, smart waste monitoring sensors and enables cities and businesses to make data-driven decisions and optimize waste collection. Evan Cummack, head of Twilio's IoT business unit, said:
"Twilio is here to help developers imagine, build, deploy and manage the world's largest fleets of cellular IoT devices. Our Narrowband partnership with T-Mobile gives developers the quickest and most scalable way to deploy a fleet of inexpensive, low-power devices with exceptional nationwide coverage. Sensoneo is a great example of the unique opportunity that Narrowband innovators have to disrupt established industries as the smart city vision comes to life."
Smart Thermostat Market to Hit $2.322 Billion by 2024
A report from Industry Research finds that the smart thermostat market will grow from $689.8 million in 2018 to $2.322 billion in 2024 with a compound annual growth rate (CAGR) of 23.1 percent in the forecast period. An excerpt from the report description explains:
These thermostats are termed as 'smart‘, due to the inherent capabilities of being able to communicate with IoT devices within a smart building, ability to learn with AI capabilities, active geo-fencing features, reduce energy consumption, and ability to communicate with emerging virtual private assistants. Smart thermostats refer to the devices that allow remote connectivity and can be managed through a handheld device, finding its applications in residential sectors. These are the devices that are connected and allow remote connectivity in the consumer sector.
Sam Mowers, Investorideas.com
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