The #AIEye: MAINGEAR Launches ELEMENT Leveraging Intel (Nasdaq: $INTC) and NVIDIA (Nasdaq: $NVDA) Tech, NICE (Nasdaq: $NICE) Actimize Chosen by Bank Mayapada for Improvements
Global MLaaS Market to Grow $8 Billion from 2019-2023
Point Roberts WA, Vancouver BC – September 12, 2019 – 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.
Listen to today’s podcast:
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
PC system integrator MAINGEAR has launched a new gaming laptop called MAINGEAR ELEMENT, in collaboration with Intel Corporation (NasdaqGS:INTC). The ELEMENT is geared for optimal gaming and content creation and leverages the NVIDIA GeForce RTX™ 2070 with Max-Q design GPU from NVIDIA Corporation (NasdaqGS:NVDA) for hitting peak performance. Powered by the NVIDIA Turing GPU architecture and the NVIDIA RTX platform, the GeForce RTX enables real-time ray tracing and AI-enhanced graphics. Wallace Santos, founder and CEO of MAINGEAR, commented:
“At MAINGEAR, we’re passionate about redefining the type of aesthetic consumers expect from ‘gamer’ products. Working with Intel to design the ELEMENT was an absolute joy, as it perfectly encapsulates our design philosophy of developing products that excel in both style and substance. We think the ELEMENT is the perfect notebook for the modern gamer and content creator.”
NICE Actimize, a subsidiary of NICE Ltd. (NasdaqGS:NICE), has been chosen by PT Bank Mayapada in Jakarta, Indonesia to provide the latter with improvements in financial crime operations with anti-money laundering compliance and investigation management solutions, employing artificial intelligence and machine learning technology. Craig Costigan, CEO, NICE Actimize, commented:
“Bank Mayapada has placed its confidence, and the care of its customers, in NICE Actimize’s Autonomous Financial Crime Management approach. Regulatory agencies across the globe have recently been encouraging financial institutions to explore the methods that AI and machine learning offer that could improve their compliance programs, provide increased accuracy and productivity, and create a clear path to supporting ever-changing regulatory requirements. We look forward to working with Bank Mayapada, and our regional partner Q2, on its journey.”
Nuance Communications, Inc. (NasdaqGS:NUAN) has announced the expansion of its Nuance Intelligent Engagement Platform, with enhancements to its conversational AI services, messaging, agent AI services and security and biometrics services. Robert Weideman, GM and EVP, Nuance Enterprise Division, explained:
“As pioneers of this industry and experts who have spent decades in the trenches making Conversational AI real for organizations around the globe, we know what it takes for enterprise-grade success. As the space continues to grow more complex, the future lies in solutions that are flexible and scalable. The best customer interactions will come from platforms that do not sit in a silo but rather build on the rich data an organization has across the business and from that deliver an experience that’s personalized and frictionless. By expanding the openness of our platform, we can continue to meet our customers where they are, giving them the visibility and control they want while still providing access to professional services.”
Global MLaaS Market to Grow $8 Billion from 2019-2023
A report from Technavio finds that the global Machine Learning as a Service (MLaaS) market will grow by approximately $8 billion USD from 2019-2023 with a compound annual growth rate (OTC:CAGR) of more than 38 percent in that same forecast period. An excerpt from the report’s industry overview reads:
Enterprises across industries are focusing on improving the customer experience as a business strategy to improve their competitive edge. The current digitalization of enterprises has improved their operational efficiency. However, they are seeking upgraded technologies for effective data management, such as customer data, to analyze them in the future to optimize business strategies. MLaaS is one such technology that is being adopted across end-user industries to gain better data insights about customer buying patterns and interests. The ability of ML in reducing or removing tasks is another significant factor prompting end-users to adopt the technology. The use of ML is increasing among enterprises for customer experience management, which will drive MLaaS market growth at a CAGR of over 38% during 2019-2023.
Sam Mowers, Investorideas.com
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
Visit the Podcast page at Investorideas.com:
Investorideas.com Investing and trading ideas Podcasts about bitcoin, blockchain, biotech, cannabis, cleantech, sports, mining, tech, support and resistance trading, now on iTunes, Spotify, Google Play Music, iHeart.com, Spreaker, SoundCloud
Disclaimer/Disclosure: Investorideas.com 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: InvestorIdeas - Disclaimer, full disclosure, compensation disclosure Learn more about publishing your news release and our other news services on the Investorideas.com newswire Investorideas.com Newswire press release service-, ticker tag service, podcast news service, Submit stock and business news - be seen on Google News, Apple news, Marketwatch, Financial Content , social media and global RSS syndication and tickertagstocknews.com
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Follow us on Twitter InvestorIdeas.com
Follow us on Facebook Security Check Required
Follow us on YouTube InvestorIdeas.com - news that inspires big ideas
Download our Mobile App for iPhone and Android
800 665 0411