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AI Eye Podcast 673: Stocks discussed: (NasdaqGS: $NICE) (OTC: $TONR)

NICE Actimize Launches AI-Powered X-Sight Entity Risk SaaS Solution, and Tonner-One Partners with Uneeq for AI Investor Relations Agent

 

Vancouver, Kelowna, Delta, BC - March 21, 2022 (Investorideas.com Newswire) 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 Podcast 673: Stocks discussed: (NasdaqGS: $NICE) (OTC: $TONR)

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

Stocks discussed: (NasdaqGS:NICE) (OTC:TONR)

NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has announced the launch of its AI-powered X-Sight Entity Risk SaaS solution, described in the press release as "an innovative solution that produces a single risk score that enables a financial institution to gain a greater understanding of their clients across the organization," and which "enhances the efficacy of advanced anti-money laundering, enterprise fraud prevention, and other financial services applications." The CEO of NICE Actimize, Craig Costigan, said:

"Financial services organizations are placing greater emphasis on expanding a risk-based approach to fighting financial crime. Serving this need with pioneering technology, the breakthrough, AI-powered X-Sight Entity Risk solution provides an unparalleled ability to access true and transparent business intelligence around customers and entities."

Tonner-One World Holdings, Inc. (OTC:TONR) has partnered with AI developer Uneeq to use a digital human, called Elizabeth, as an Investor Relations agent. Tonner-One's CEO, Corinda Joanne Melton, explained:

"At her core, Elizabeth will be exactly what every company that really cares about shareholders wants. She will always be available, she will give the right answers every time and she will only communicate information based on previously disclosed data, thus avoiding accidental or inaccurate information dissemination. With our real-time ability to input into Elizabeth's logic tree, the Company can quickly and effectively respond to news, information, and even some of the "false narratives" in social media that could lead to uniformed, negative sentiment in the marketplace for our company stock."

Japan's Market for AI in Manufacturing and Supply Chain to Grow by $1.79B from 2021-26

A report published by Technavio finds that the market for AI in Manufacturing and Supply Chain in Japan will grow by $1.79 billion USD and register a compound annual growth rate (CAGR) of 13.27 percent in the forecast period 2021-26. The following excerpt from the report's summary outlines the role of demand for automation in the market's growth:

Advancements in cloud computing technologies, big data storage, and analytics have driven the adoption of AI solutions in the manufacturing sector. This is mainly because they improve production efficiency and performance. For manufacturing companies, integrating AI into the existing information and communications system is time-consuming and expensive. AI solutions provide plant managers with critical information such as machinery health and maintenance data to make more informed business decisions. Integrating AI into the legacy system will improve the bottom-line productivity of the organization through intelligent automation, labor and capital growth, and innovation. Innovation and intelligent automation are helping manufacturers to increase productivity. Manufacturers are increasingly investing in automation technologies, IoT, and AI to increase production efficiency, thus driving market growth during the forecast period.

Sam Mowers, Investorideas.com

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