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The AI Eye: IBM (NYSE: $IBM) Adds New Watson NLP Tech and ServiceNow (NYSE: $NOW) Introduces AI Capable Now Intelligence to Now Platform

 

Point Roberts, WA and Vancouver, BC - March 11, 2020 (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: IBM (NYSE: $IBM) Adds New Watson NLP Tech and ServiceNow (NYSE: $NOW) Introduces AI Capable Now Intelligence to Now Platform

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

Stocks discussed: (NYSE:IBM) (NYSE:NOW)

IBM (NYSE:IBM) has announced new Watson technologies related to Natural Language Processing (NLP), including a sentiment analysis feature that can identify idioms and colloquialisms. Other additions include the ability to summarize based on multiple textual sources and "to "cluster" incoming data to create meaningful "topics" of related information." Rob Thomas, General Manager, IBM Data and AI, commented:

"Language is a tool for expressing thought and opinion, as much as it is a tool for information. This is why we're harvesting technology from Project Debater and integrating it into Watson - to enable businesses to capture, analyze, and understand more from human language and start to transform how they utilize intellectual capital that's codified in data."

ServiceNow, Inc. (NYSE:NOW) has introduced the Orlando Release of its Now Platform, featuring a new set of powerful AI and analytics capabilities called Now Intelligence. Chirantan "CJ" Desai, chief product officer of ServiceNow, explained:

"People should be able to work the way they want to, not the way that most software today dictates they have to. The Orlando release provides powerful new AI and analytics capabilities to help people work smarter and faster. This added intelligence will help people make better decisions via insights and recommendations, helping them predict and solve issues before they become business and customer problems. Now Intelligence built into the Now Platform is a smarter way to workflow, and that enables great experiences and greater productivity."

Global Autonomous Military Vehicle Market to Grow by $456 Million from 2017 to 2022

A report from Technavio finds that the global Autonomous Military Vehicle market will have grown by $456 million from 2017 to 2022, with a compound annual growth rate of 16 percent in that forecast period. An excerpt from the report snapshot provides an overview of that market:

According to our industry experts, the emergence of truck platooning has been one of the major trend[s] in the market. Truck platooning is devised from connected truck connected technologies which enable the trucks that are engineered with level 2 automation. The research centers are developing a relationship with commercial technology developers to boost the adoption of autonomous systems in the market. Such initiatives will boost the autonomous military vehicle market growth during our forecast period.

Sam Mowers, Investorideas.com

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