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AI Eye Podcast 640: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE)

GBT Plans Cognitive Cybersecurity System for Apollo Motion Detection System, and NICE Introduces AI-Powered Capabilities for RPA in Businesses

 

Point Roberts, WA and Vancouver, BC - December 22, 2021 (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 - featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

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AI Eye Podcast 640: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE)

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

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:NICE)

GBT Technologies Inc. (OTC PINK:GTCH) is planning a cognitive cybersecurity system to secure its Apollo RF-based motion detection system. This system, according to the press release, "will be governed by an AI mechanism to quantify RF devices that interact with Apollo, assessing its RF waves characteristics, monitoring network traffic, and ultimately, detecting unauthorized RF devices." The company's CTO, Danny Rittman, explained:

"Radio communication by its nature is exposed to intruders' attacks and suffers from serious security vulnerabilities. To protect the wireless signals from malicious attacks, data theft and jamming, we decided to invest in the development of an application- specific cybersecurity measure for the Apollo system. We are currently designing a comprehensive cyber solution to protect Apollo's wireless system, creating adaptive security methods from various perspectives. Our AI system is targeted to manage RF communication adaptively by modifying radio propagation characteristics according to security analysis. The intelligent system will quantify the network's radio devices, identify unauthorized members, and supervise encryption/decryption operations."

NICE Ltd. (NasdaqGS:NICE) has introduced new AI-powered capabilities allowing organizations to maximize the benefits of Robotic Process Automation (RPA) for their business, including "document digitization, ROI-based recommendation of ideal processes to automate, and a complimentary resource center." Barry Cooper, President, NICE Workforce and Customer Experience Group, said:

"The digital age is powering productivity, improving service experiences, and accelerating ROI. By digitizing processes and prioritizing automations that drive maximum business value, our latest RPA capabilities are accelerating the path to a digital-first strategy."

Global Conversational AI Market to Record Revenue of $13.29B from 2021-2028

A report published by Research Dive finds that the global Conversational AI market is projected to record a revenue of $13.29 billion from 2021-2028, registering a compound annual growth rate (CAGR) of 21.4 percent in the forecast period. An excerpt from the report overview looks at the impact of the COVID-19 pandemic on the market:

Conversational AI has been affected negatively due to the outbreak of coronavirus. The customer service business was among the hardest damaged when the COVID-19 outbreak brought the entire world economy to a standstill in the spring of 2020.

However, with the increase in the usage of technological advancements, the market is expected to grow at a faster rate during the post-pandemic period. Businesses are taking a more strategic approach to their continuing operations, bringing flexibility and scalability to their operations. Conversational AI is moving to the forefront of technology while also aiming to improve operational efficiencies.

Sam Mowers, Investorideas.com

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