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AI Eye Episode 430: Accenture (NYSE: $ACN) Introduces New Generation of myWizard Intelligent Automation Platform

IBM (NYSE:$IBM) Announces AI-Powered Trade Assistant for ESPN Fantasy Football App

 

Point Roberts, WA and Vancouver, BC - September 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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AI Eye Episode 430: Accenture (NYSE: $ACN) Introduces New Generation of myWizard Intelligent Automation Platform

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

Stocks discussed: (NYSE:ACN) (NYSE:IBM)

Accenture (NYSE:ACN) has announced a new generation of its myWizard intelligent automation platform, which features robust AI-powered automation to "help businesses drive greater efficiencies, innovation and growth." Paul Daugherty, Accenture's CTO, explained:

"Automation is about change, acceleration, and pivoting business to somewhere new. Companies are having to compress years of digital and cultural transformation into months, and automation, like cloud, is an absolutely essential tool for rapid change. That's why we have over 100,000 professionals currently using myWizard, and we continually invest in new features, to help our clients build the adaptable, digital foundation they need to keep their businesses relevant and resilient."

IBM (NYSE:IBM) and ESPN have announced Trade Assistant with IBM Watson, a new AI-powered feature to the ESPN Fantasy Football app designed to help fantasy football players make more informed, fair trades throughout the 2020 season. The feature works by leveraging "Watson Discovery's advanced Natural Language Processing (NLP) capabilities to extract, translate and review inputs on football players and teams such as player stats and experts' sentiment from sources including ESPN.com, news articles, blogs and podcast transcripts." Noah Syken, Vice President of Sports & Entertainment Partnerships, IBM, said:

"Like the business world, Fantasy Football has access to massive amounts of data that can be extremely challenging to digest and glean meaningful insight from to make more informed and less biased decisions. IBM is advancing Watson's ability to understand the language of business to help our clients turn information into actionable insights. Trade Assistant with IBM Watson is a chance for the millions of ESPN's Fantasy Football users to directly interact with IBM Watson on a daily basis."

Mobile AI Market to Reach $12.4 Billion by 2027

A report published by Maximize Market Research finds that the global Mobile AI market will grow from $1.66 billion in 2019 to $12.4 billion by 2027 with a compound annual growth rate (CAGR) of 28.58 percent in the forecast period 2020-2027. In terms of drivers, the report's summary identifies "rising demand for edge computing in IOT, increasing dedicated low-cost AI chips for camera and vision applications in mobile devices," whereas a "restricted number of AI experts," is hampering growth.

Sam Mowers, Investorideas.com

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