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The AI Eye: Accenture (NYSE: $ACN), Intel (NasdaqGS: $INTC) and Sulubaaï Develop AI Solution for Coral Reef and Veritone (NasdaqGM: $VERI) Redact Selected by NJ Police Dept

 

Point Roberts, WA and Vancouver, BC - April 23, 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: Accenture (NYSE: $ACN), Intel (NasdaqGS: $INTC) and Sulubaaï Develop AI Solution for Coral Reef and Veritone (NasdaqGM: $VERI) Redact Selected by NJ Police Dept

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

Stocks discussed: (NYSE:ACN) (NasdaqGS:INTC) (NasdaqGM:VERI)

Accenture (NYSE:ACN), Intel (NasdaqGS:INTC), and the Philippines-based non-profit Sulubaaï Environmental Foundation (SEF), have developed an AI-powered solution to "monitor, characterize and analyze coral reef resiliency." The solution is called Project: CORaiL, and according to the press release "has been deployed in a reef in the Philippines since last year." Rose Schooler, corporate vice president in Intel's sales and marketing group, explained:

"Project: CORaiL is an incredible example of how AI and edge computing can be used to help researchers monitor and restore the coral reef. We are very proud to partner with Accenture and the Sulubaaï Environmental Foundation on this important effort to protect our planet."

Jason Mitchell, a managing director in Accenture's Communications, Media & Technology practice, added:

"Artificial intelligence provides unprecedented opportunities to solve some of society's most vexing problems. Our ecosystem of corporate and social partners for this 'AI for social good' project proves that strength in numbers can make a positive environmental impact."

Veritone, Inc. (NasdaqGM:VERI) has announced that "the Pemberton (New Jersey) Township Police Department has selected Veritone and its AI-enabled redaction software, Veritone Redact, to provide transparency of officer interactions with the public, while accelerating the timely release of video and audio evidence requests by the public and other agencies." According to the press release, "Redact automates the process of obscuring both sensitive imagery and audio in video evidence, reducing the time required to redact these files by up to 90% compared with existing manual, frame-by-frame evidence redaction workflows." Jon Gacek, Head of Government, Legal and Compliance at Veritone, said:

"Veritone Redact provides easy-to-use, automated video redaction and audio-to-text transcription capabilities, which enable police departments to redact evidence captured from virtually any audio or video recording device. We're thrilled to be working with the Pemberton Township Police Department and Chief Jantas."

AI in Healthcare to Register 38.05% CAGR

Research published by Report Linker finds that the global AI in Healthcare market will register a compound annual growth rate (CAGR) of 38.05 percent in the forecast period 2020-2028. An excerpt from the report summary reads:

The prominent drivers of market growth are estimated to be the rising big data in the healthcare industry, the growing use of AI in genetics, the emergence of personalized medicine in tests for clinical decision making, along with the creation of a real-time monitoring system due to AI.

The utilization of AI in healthcare entails the use of software and algorithms for estimating the human perception for analyzing complex medical data, along with the relationship between treatments or prevention techniques and patient outcomes. The growing demand for real-time monitoring system[s] is one of the key aspects propelling the growth of the global artificial intelligence in healthcare market.

Sam Mowers, Investorideas.com

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