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AI Eye Podcast: Stocks discussed: (NYSE: SAP) (NYSE: IBM) (NYSE: ORCL)

SAP to Embed IBM Watson AI Tech Into SAP Solutions, and Oracle Announces New Innovations to ML-Powered Autonomous Data Warehouse

 

Vancouver, Kelowna, Delta, BC - May 3, 2023 (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.

Today's  podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

Listen to today's podcast:

https://www.investorideas.com/Audio/Podcasts/2023/050323-AI-Eye.mp3

AI Eye Podcast: Stocks discussed: (NYSE: SAP) (NYSE: IBM) (NYSE: ORCL)

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

SAP to Embed IBM Watson AI Tech Into SAP Solutions, and Oracle Announces New Innovations to ML-Powered Autonomous Data Warehouse

Stocks discussed: (NYSE:SAP) (NYSE:IBM) (NYSE:ORCL)

SAP SE (NYSE:SAP) and IBM (NYSE:IBM) have announced plans to embed the latter's Watson technology into SAP solutions to "provide new AI-driven insights and automation to help accelerate innovation and create more efficient and effective user experiences across the SAP application portfolio." This will see Watson powering the digital assistant in SAP Start, for instance, leveraging natural language capabilities and predictive insights using IBM Watson AI solutions. Christian Klein, SAP's CEO, said:

"This milestone collaboration with IBM aims to provide SAP customers a better user experience, faster decision-making and greater insights to help transform their business processes. Working together to incorporate additional AI, machine learning and other intelligent technologies into SAP solutions can lead to better business outcomes for our joint customers. Today's news, along with the recent news of our expanded use of Red Hat Enterprise Linux, is a prime example of how the rich, 50-year partnership between our companies continues to grow stronger and move the industry forward."

Oracle Corporation (NYSE:ORCL) has announced new innovations to its Oracle Autonomous Data Warehouse, described as "the industry's first and only autonomous database powered by machine learning and optimized for analytics workloads." Cetin Ozbutun, EVP, Data Warehouse and Autonomous Database Technologies, Oracle, explained:

"Customers face many obstacles when analyzing siloed data across on-premises, cloud, and SaaS applications, especially the lack of multicloud and data lake interoperability, and the need to assemble an array of disjointed tools and services to support the data analytics ecosystem. The latest Oracle Autonomous Data Warehouse innovations make it easier for customers to query, manage, share, and scale their data-regardless of location. We continue to push the boundaries of what's possible in data management systems to deliver the performance, automation, and multicloud integration for all key database workloads and data types."

Global Citizen Services AI Market to Reach $237.39B by 2032

A report published by Polaris Market Research finds that the global market for Citizen Services AI is projected to grow from $6.35 billion USD in 2022 to $237.39 billion by 2032, registering a compound annual growth rate (CAGR) of 43.7 percent in the forecast period. The following excerpt from the report's description outlines some key factors influencing the market's growth:

The growing use of citizen services AI technology across a variety of end-use industry verticals including government, manufacturing, transportation, and healthcare, as it develops and learns for each task, managing crucial public services, providing inadequate implementation, and analytical information, that is expected to boost the growth of the global market over the course of study period.

Sam Mowers, Investorideas.com

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Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today's commerce experiences. For more information, visit apptechcorp.com.

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Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on Investorideas.com.

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