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AI Eye Podcast 683: Stocks discussed: (NYSE: IBM) (NYSE: SRT)

Aventis Learning Group Collaborating with IBM for Natural Language Understanding, and Startek Enters Partnership with AI Firm Krisp

 

Vancouver, Kelowna, Delta, BC - April 13, 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 683: Stocks discussed: (NYSE: $IBM) (NYSE: $SRT)

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

Stocks discussed: (NYSE:IBM) (NYSE:SRT)

Corporate training provider Aventis Learning Group is collaborating with IBM (NYSE:IBM) and leveraging the latter's Watson Natural Language Understanding to "offer better-personalized learning courses for both corporate and individual learners, improve their scalability by reducing its dependence on humans and increase the speed of service." Colin Tan, General Manager and Technology Leader of IBM Singapore, said:

"Our experience working with thousands of companies of different sizes and industries has taught us that enterprises who adopt cloud-native application development see a marked increase in efficiency, scalability, and productivity, as well as improved user experience. IBM is happy to collaborate with training providers like Aventis taking the first step to embrace the growing trend of AI and cloud to gain a greater advantage in the market."

Customer experience (CX) solutions provider Startek, Inc. (NYSE:SRT) has entered into a partnership with AI-powered noise cancellation solutions provider Krisp to "create stronger connections and further enhance the experience delivered to customers across the globe." Abhinandan Jain, Chief Digital Officer at Startek, explained:

"At Startek we blend AI with live interactions to create the best possible experience for agents and customers alike. Our partnership with Krisp further enhances our ability to listen and respond with empathy to the customer, even when the customer is in a busy environment. By leveraging digital tools to support voice-based interactions, Startek delivers a superior voice-based experience to our client's customers."

Global AI in IoT Market to Reach $142.2B by 2032

A report published by Future Market Insights finds that the global AI in IoT (Internet-of-Things) market is projected to grow from $78 billion USD in 2022 to $142.4 billion by 2032, registering a compound annual growth rate (CAGR) of 6.2 percent in the forecast period. An excerpt from the report's summary outlines some factors expected to influence the market's growth in the forecast period:

Sensors and connected devices are being adopted at a high rate and machine-to-machine communication has fueled a massive increase in manufacturing data in the market. The growth of artificial intelligence (AI) in the IoT market will be fueled by its rapid adoption in the automation and retail markets.

Sam Mowers, Investorideas.com

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