The AI Eye: Delta Electronics Partners with Microsoft (Nasdaq: $MSFT) for Digital Transformation and Virtusa (Nasdaq: $VRTU) Joins SAIL
Point Roberts, WA and Vancouver, BC - September 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.
Listen to today's podcast:
The #AI Eye: Delta Electronics Partners with Microsoft (Nasdaq: $MSFT) for Digital Transformation and Virtusa (Nasdaq: $VRTU) Joins SAIL
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (TPE:2308) (NasdaqGS:MSFT) (NasdaqGS:VRTU)
Taiwanese electronics giant Delta Electronics, Inc. (TPE:2308) has announced a partnership with Microsoft (NasdaqGS:MSFT) for the former's digital transformation, according to local outlet the Taipei Times. In addition to the digital transformation, Delta Electronics chairman Yancey Hai said the company is "also planning future collaborations with Microsoft in areas such as machine deep learning at its robotics arm with the aim of improving the industrial automation business". Hai said:
"We have set up two AI [artificial intelligence] projects with Microsoft's headquarters in the US... One is aimed at improving the efficiency and noise cancelation of our ultra-thin fans, the other is focused on developing a product quality management system."
Virtusa Corporation (NasdaqGS:VRTU) has joined the Stanford Artificial Intelligence Laboratory (SAIL) as an Affiliate Member. According to the press release, the collaboration will focus on using AI to help patients live longer, reduce food waste, and improve profitability of products in the healthcare, insurance, life sciences, communications, media, technology, and banking and financial services industries by extending open source research projects for AI". Samir Dhir, president, Virtusa, commented:
"We recognize the critical importance of collaboration in advancing AI technologies to create intelligent solutions that make lives better and businesses more efficient. Virtusa joining forces with SAIL enables us to leverage our deep industry and technical expertise to define solutions that make it easier for organizations to benefit from AI. We are excited to collaborate on this challenge with the eminent researchers at Stanford."
APAC AI in Healthcare to Hit $11.733 Billion by 2025
A report from Ken Research finds that the Asia Pacific (APAC) AI in Healthcare market is projected to reach $11.733 billion by 2025, according to a press release. An excerpt from the market overview reads:
APAC AI in Healthcare Market has witnessed strong growth owing to rising number of collaborations, investments and partnerships among hospitals, healthcare providers, AI developers and medical device manufacturers; improved accuracy and predictive capacity of AI powered devices, limited number of skilled healthcare professionals in developing countries such as China and India and over the years advancements in processor design and manufacturing techniques across Asia Pacific region. The market size by revenue witnessed a five year CAGR of close to 56% during the review period (2013-2018) due to the combined effect of these factors. The market is currently placed in high growth stage with strong possibility for further innovations and developments at a faster pace with positive trends expected in the industry.
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
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
800 665 0411