The
#AIEye: #IBMWatson ( $IBM) Health Publishes Top 100 Hospitals List, NICE
Expands Partnership with ABBYY and MYnd Analytics Partners with IMPACT
Solutions
Global
#AI in Construction to Reach $3.161 Billion with CAGR of 38.14% by 2024
Point
Roberts WA, Vancouver BC – March 4, 2019
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Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Global AI in
Construction to Reach $3.161 Billion with CAGR of 38.14% by 2024
Zion
Market Research has published a report on the global AI in
construction market in the forecast period 2018-2024. The report indicates that
the market will grow to $3.161 billion USD by 2024 with a compound annual
growth rate (CAGR) of 38.14 percent. An excerpt from the report summary reads:
AI’s capability in construction services
and solutions to reduce production costs is the major factor expected to drive
the global AI-In-Construction market. In addition, the need for safety measures
on construction sites is also projected to drive this market’s growth.
Furthermore, huge investments made by construction companies from the emerging
economies globally in the adoption of the advanced AI technology for
construction applications is also likely to contribute toward the global growth
of the AI-In-Construction market. However, the low technological investments in
R&D for developing new technologies might hamper this market. Nonetheless,
the increasing demand for integrated AI in construction activities is estimated
to create new market opportunities.
IBM Watson Health
Publishes Top 100 Hospitals List, NICE Expands Partnership with ABBYY and MYnd
Analytics Partners with IMPACT Solutions
Stocks discussed:
(NYSE:IBM) (NasdaqGS:NICE) (NasdaqCM:MYND)
IBM
Watson Health (NYSE:IBM) has
published its annual list of the top 100 performing hospitals in the U.S.
According to the press
release, the “study found that the top-performing hospitals in
the country achieved better risk-adjusted outcomes while maintaining both a
lower average cost per patient and higher profit margin than peer group
hospitals that were part of the study.” Kyu Rhee, M.D., M.P.P., vice president
and chief health officer at IBM Watson Health said:
“In this era of big
data, analytics, transparency, and patient empowerment, it is essential that we
learn from these leading hospitals and work to spread their best practices to
our entire health system which could translate into over 100K more lives saved,
nearly 40K less complications, over 150K fewer readmissions, and over $8
billion in savings."
NICE
Ltd. (NasdaqGS:NICE) and
its Robotic Process Automation (RPA) platform is incorporating additional AI
capabilities to better process unstructured data, according to an announcement today.
The company also expanded its partnership with AI solutions company ABBYY,
contributing to its comprehensive digital transformation. Barry Cooper,
President, NICE Enterprise Group, said:
“We are pleased to
expand our partnership with ABBYY and to offer customers the most innovative,
wide-ranging document processing solution that uniquely aligns with NEVA, the
market's first employee focused attendant, to offer desktop assistance as well
as our unattended robots that automate tasks in the back end. Enriching content
and document processing with greater cognitive intelligence goes a long way in
making interactions memorable while also offering greater operational
efficiencies. Via this integration, our customers are empowered to improve
business performance and ROI while delivering uncompromising customer
experiences.”
MYnd
Analytics, Inc., (NasdaqCM:MYND) a
telemedicine and data analytics and augmented intelligence leader and Arcadian
Telepsychiatry Services, have partnered with
IMPACT Solutions, a leading provider of behavior healthcare and Employee
Assistance Programs (EAP). The partnership will see the companies providing
tele-EAP services to clients. Dr. Joel R. Gecht, President and CEO of IMPACT
Solutions said:
“Tele-EAP provides our customers’ employees a convenient
solution from the convenience of home using web-enabled video
conferencing. In turn, we believe these
services will help increase employee participation and we can help both the
employers and employees address potential problems before they affect work
performance, health, or well-being.”
Sam Mowers,
Investorideas.com
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