The AI Eye: JPMorgan (NYSE: $JPM) Announces 5-Year Deal with AI Marketing Firm Persado and Oracle (NYSE: $ORCL) Named Leader in Enterprise BI Platforms
Point Roberts, WA and Vancouver, BC - July 31, 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.
Listen to today's podcast:
The #AI Eye: JPMorgan (NYSE: $JPM) Announces 5-Year Deal with AI Marketing Firm Persado and Oracle (NYSE: $ORCL) Named Leader in Enterprise BI Platforms
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:JPM) (NYSE:ORCL)
JPMorgan Chase & Co. (NYSE:JPM) has announced a five-year deal with AI marketing platform Persado. Persado uses AI, data science, computational linguistics and machine learning to improve brand engagement and revenue performance. Kristin Lemkau, CMO of JPMorgan Chase, explained:
"Machine learning is the path to more humanity in marketing. Persado's technology is incredibly promising. It rewrote copy and headlines that a marketer, using subjective judgment and their experience, likely wouldn't have. And they worked. We think this is just the beginning. We hope to use Persado not just in marketing, but in our internal communications to make things more relevant to employees, as well as in our customer service prompts."
Oracle Corporation (NYSE:ORCL) has been named a leader in The Forrester Wave: Enterprise BI Platforms, Q3 2019 report for its Oracle Analytics Cloud. The Oracle Analytics Cloud leverages Augmented Analytics, which is "based on machine learning (ML) and artificial intelligence (AI)" and "guides the analyst and information consumer to enrich data, dig deeper, uncover insights, converse with data using natural language processing". T. K. Anand, senior vice president of AI, Data Analytics and Cloud, Oracle, said:
"We are honored to be recognized as a leader in Forrester's prestigious Wave, which we view as strong validation of Oracle Analytics' strategy and innovation. We believe this report is further evidence of Oracle's ability to deliver modern analytics for enterprises today and provide leadership as the market continues to evolve."
Global AI in Retail to Grow $14.05 Billion USD from 2019-2023
New research from Technavio finds that the global artificial intelligence in retail market will grow $14.05 billion USD from 2019 to 2023 with a compound annual growth rate (CAGR) of 35 percent in that forecast period. An excerpt from the report summary outlines some trends observed in the market:
E-commerce providers and retailers are integrating AI with various applications such as planning and procurement, inventory management and sales forecasting, production, supply management, in-store operations, and marketing. AI-enabled smart solutions that the e-commerce industry is deploying are chatbots, advanced visual search engines, and personalized recommendations, which are improving the shopping experience of customers. As a result, sales are increasing, and customer satisfaction is improving. Therefore, large and small e-commerce brands are deploying AI in some form or the other. The increased applications of AI in e-commerce is one of the key artificial intelligence in retail market trends. The trend will contribute to the retail AI market growth during the forecast period.
Sam Mowers, Investorideas.com
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
800 665 0411