Get investor ideas from our AI, cannabis, cleantech, crypto, gaming, mining, sports podcasts - be a guest or sponsor: call 800 665 0411

Share on StockTwits

AI Eye Episode 481: NICE (NasdaqGS: $NICE) Announces Next-Gen of AI-Powered IFM-X Platform, and Minerva Signs Contract with Freeport Resources for AI Mining Solutions


Point Roberts, WA and Vancouver, BC - November 23, 2020 ( Newswire) (, 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:

AI Eye Episode 481: NICE (NasdaqGS: $NICE) Announces Next-Gen of AI-Powered IFM-X Platform, and Minerva Signs Contract with Freeport Resources for AI Mining Solutions


Hear the AI Eye on Spotify

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

Stocks discussed: (NasdaqGS:NICE) (TSXV:MVAI) (TSXV:FRI)

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has announced the next-gen version of its AI and machine learning-powered Integrated Fraud Management (IFM-X) platform. According to the press release, this new version "introduces new capabilities that support financial services firms' digital acceleration strategies with fraud management solutions for digital, real-time and open banking channels." Craig Costigan, CEO, NICE Actimize, explained:

"Financial services organizations require advanced data capabilities and automation to support their journey of digitalization to stay competitive and provide optimal customer experiences. New market factors are influencing financial institutions' strategies, including their reliance on specialized fraud solutions which enable scalable fraud coverage across an increasingly complex environment. The AI-driven IFM-X platform is designed to address these evolving needs."

Minerva Intelligence Inc. (TSXV:MVAI) has signed a contract with mining company Freeport Resources Inc. (TSXV:FRI) to provide the latter with its TERRA Mining AI suite, including the Company's DRIVER, TARGET, SOLACE and LEO solutions. Freeport will apply these solutions to its Star Mountains project in Papua New Guinea "to enhance its next phases of surface and sub-surface exploration." Minerva CEO Scott Tillman said:

"We continue to see growing demand for our TERRA Mining AI solutions as innovative companies such as Freeport actively seek out technologies that make their workflow processes more efficient and more insightful. The Star Mountains project reaffirms the value Minerva's AI technology can bring to the mining and explorations sectors, and we look forward to quickly providing deep insights into Freeport's newly acquired data assets."

Global AIOps Market to Reach $23.7 Billion by 2025

A report published by Adroit Market Research finds that the global AIOps market will grow to $23.7 billion by 2025. The report describes AIOps as "a cognitive platform that leverages advanced technologies such as AI/ML and predictive analytics to improve IT operations management." An excerpt from the report summary outlines the factors influencing the market's projected growth:

This can be attributed to the increasing investments in digital transformation and the growing adoption of cloud and hybrid infrastructure. Meanwhile, it is essential to have skilled employees or users in the operations team to improve process efficiency. It has been observed that these teams lack people capable of understanding AIOps outcomes and take necessary actions quickly. therefore, the limited availability of skilled users will hamper the growth of the AIOps market.

Sam Mowers,

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on visit here or become an Investor Ideas member

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

About - News that Inspires Big Investing Ideas is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, 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, Exploring Mining the AI Eye.

The podcasts are also available on iTunes, Spotify, Tunein, Stitcher,, iHeartRadio and Google Play Music.

Visit the Podcast page at

Disclaimer/Disclosure: 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: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of

Follow us on Twitter

Follow us on Facebook

Follow us on YouTube

Download our Mobile App for iPhone and Android


800 665 0411

Get more tech stocks investor ideas - news, articles, podcasts and stock directories

Buy a technology guest post on