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AI Eye Podcast 587: Stocks discussed: (NasdaqGS: $NVDA) (NasdaqGS: NICE)

Point Roberts, WA and Vancouver, BC – August 2, 2021 (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.

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AI Eye Podcast 587: Stocks discussed: (NasdaqGS: $NVDA) (NasdaqGS: $NICE)

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Today’s ColumnThe AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:NICE)

NVIDIA Corporation (NasdaqGS:NVDA) has announced the North American availability of NVIDIA Base Command Platform, described in the press release as “a hosted AI development hub that provides enterprises with instant access to powerful computing infrastructure wherever their data resides.” Developed to “power the work of its research teams around the world,” the Base Command Platform boasts “a cloud-based user interface, a command line API, integrated monitoring and reporting dashboards to accelerate the AI development lifecycle.” Manuvir Das, head of Enterprise Computing at NVIDIA, said:

“As enterprise AI adoption grows, so does demand for faster access to the world-leading infrastructure offered by NVIDIA and our partners. Base Command Platform makes it easy for enterprises to instantly access the power of an NVIDIA DGX SuperPOD to accelerate the AI and data science development lifecycle.”

NICE Ltd. (NasdaqGS:NICE) has unveiled its CXone Summer 2021 release featuring new digital-centric AI innovations. For instance, the product’s Agent Assist Hub includes “embedded AI-driven real-time behavioral coaching and AI-powered knowledge assistance for agents handling voice interactions.” CEO Paul Jarman said:

“Consumers expect service interactions to be just like their experiences with family and friends, a fluid conversation across channels that can stop and start to fit their schedules. With the NICE CXone 2021 Summer release, we’ve continued to reimagine the whole customer journey and are empowering organizations to deliver specific answers to their customers at the start of their search: on mobile apps, websites, or a web search. With innovative capabilities that make every touchpoint along the journey smarter and by providing full context, we believe organizations have the power to deliver the next-gen, digitally fluent CX consumers are looking for.”

Global Robot Software Market to Reach $47.24B by 2030

A report published by Allied Market Research finds that the global Robot Software market is projected to grow from $4.27 billion in 2020 to $47.24 billion by 2030 with a compound annual growth rate (CAGR) of 27.3 percent in the forecast period 2021-2030. An excerpt from the Analyst Review section of the report outlines the role of AI in the market’s growth:

The global robot software market is highly concentrated, and companies are focusing on leveraging new technologies for offering robotics software to meet the emerging requirements of the user. In addition, the presence of a large number of service providers in the global robot software market increases the competition between key players. Therefore, robot software technology providers are differentiating themselves from competitors and driving revenue growth by incorporating new digital business technologies, such as artificial intelligence, machine learning, and low cost data, into their offerings to gain a competitive lead and retain their market position.

Sam Mowers, Investorideas.com

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