Point Roberts, WA and Vancouver, BC - October 4, 2019 (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.
Listen to today's podcast:The AI Eye: Alteryx (NYSE: AYX) Acquires Feature Labs and BrainChip (ASX:BRN) Ramps Up Global Marketing Ahead of Bringing Flagship Akida to Market
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligenceStocks discussed: (NYSE:AYX) (ASX:BRN)
Alteryx, Inc. (NYSE:AYX) has acquired data science software company Feature Labs. Feature Labs was launched out of Massachusetts Institute of Technology (MIT) and automates feature engineering for machine learning and artificial intelligence (AI) applications. Dean Stoecker, co-founder and CEO of Alteryx, explained:
"Feature Labs' vision to help both data scientists and business analysts easily gain insight and understand the factors driving their business matches the Alteryx DNA. Together, we are helping customers address the skills gap by putting more powerful advanced analytic capabilities directly into the hands of those responsible for making faster decisions and accelerating results. We are excited to welcome the Feature Labs team and to add an engineering hub in Boston."
BrainChip Holdings Ltd. (ASX:BRN) is ramping up its global marketing efforts ahead of bringing its Akida neuromorphic system-on-a-chip to market. Today the firm announced that it has retained the services of technical industry analyst firm ActualTech Media and global public relations and marketing experts JPR Communications. According to the press release, ActualTech Media has been employed to "help BrainChip to gain mindshare in the burgeoning AI acceleration chipset market", and JPR Communications will "ensure that BrainChip's message is delivered across multiple offline and online platforms to reach their intended audiences". Louis DiNardo, CEO of BrainChip, commented:
"I am fully aware of the idea that you only have one chance to make a good impression and therefore I understand the importance of building a global marketing team that will help us do just that. While there is a considerable amount of buzz about artificial intelligence, machine learning, and the edge today, there hasn't been much said about how to translate vast realms of data into actionable information. By partnering with ActualTech Media and JPR Communications, both influencers and our potential customer-base can better understand the value we bring in delivering our AI-based 'brains' to edge devices."Global Machine Learning Market to Reach $8.81 Billion by 2022
A report from Markets and Markets finds that the global Machine Learning market is expected to grow from $1.03 billion in 2016 to $8.81 billion by 2022, with a compound annual growth rate (CAGR) of 44.1 percent in the forecast period. An excerpt from the report description outlines the verticals segment of the market:
In the verticals segment, the Banking, Financial Services, and Insurance (BFSI) vertical is expected to be the highest contributor, whereas the healthcare and life sciences vertical is projected to grow at highest CAGR during the forecast period. Both the verticals generate data in a huge amount every second, and there is accelerated demand for data management technologies such as machine learning and predictive analytics in order to extract business critical insights from this ever-increasing data. The other industry verticals, such as manufacturing, telecommunication, energy and utilities, retail, and government and defense are contributing significantly to the machine learning market. These verticals are also expected to witness significant growth rates during the forecast period due to the increased concerns for managing the complex business processes with improved efficiency and lowering the overall costs.
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.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
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: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ 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 https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android
800 665 0411