NUAN - AI Eye Episode 461: C3.ai Microsoft and Adobe Partner to Launch C3 AI CRM
Point Roberts, WA and Vancouver, BC - October 26, 2020 (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:
https://www.investorideas.com/Audio/Podcasts/2020/102620-AI-Eye.mp3
AI Eye Episode 461: C3.ai, Microsoft (NasdaqGS: ), and Adobe (NasdaqGS: ) Partner to Launch C3 AI CRM
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NasdaqGS:MSFT) (NasdaqGS:ADBE) (NasdaqGS:NUAN)
C3.ai, Microsoft ( NasdaqGS:MSFT ), and Adobe Inc. ( NasdaqGS:ADBE ) announced the launch of Microsoft Dynamics 365-powered C3 AI CRM, described in the press release as the "first enterprise-class, AI-first customer relationship management solution," which "is purpose-built for industries, integrates with Adobe Experience Cloud, and drives customer-facing operations with predictive business insights." The three companies' C3 AI CRM leverages embedded artificial intelligence to help: accurately forecast revenue, accurately predict product demand, identify highly-qualified prospects, and more. Thomas M. Siebel, CEO of C3.ai, commented:
"Microsoft, Adobe, and C3.ai are reinventing a market that Siebel Systems invented more than 25 years ago. The dynamics of the market and the mandates of digital transformation have dramatically changed CRM market requirements. A general-purpose CRM system of record is no longer sufficient. Customers today demand industry-specific, fully AI-enabled solutions that provide AI-enabled revenue forecasting, product forecasting, customer churn, next-best product, next-best offer, and predisposition to buy."
Nuance Communications, Inc. ( NasdaqGS:NUAN ) has announced that Kettering Health Network - a not-for-profit network of eight hospitals, Kettering College, and over 120 outpatient facilities - has selected Emergency Department (ED) Guidance for the Nuance Dragon Medical Advisor. The Nuance Dragon Medical Advisor, described as "an AI-powered computer-assisted physician documentation (CAPD) solution," is being adopted by Kettering "to improve patient safety, alleviate the administrative burden on clinicians, and reduce the risk of missing diagnoses," according to the press release. Diana Nole, Executive Vice President and General Manager of Healthcare, Nuance, explained:
"The Kettering adoption of Dragon Medical Advisor with ED Guidance is a great example of the comprehensive benefits enabled by the Dragon Medical One platform. The combination of clinical speech recognition, in-workflow documentation guidance, virtual assistant skills, and data analytics provides a consistent and efficient experience for physicians and enables continuous improvements in patient care and financial outcomes."
Global AI in Telecom to Exhibit Nearly 47% CAGR from 2019-2023
A report published by 360 Market Updates finds that the global AI in Telecommunications market will register a compound annual growth rate (CAGR) of nearly 47 percent in the forecast period 2019-2023. The following excerpt from the report's description outlines a potential driver in the market's growth:
Al can help telecom providers to build self-optimizing networks (SONs), which provide network operators the ability to automatically optimize their network quality depending on traffic information by time zone and region. This, in turn, will enable enterprises to optimize their inventory by making orders based on the estimated demand, current inventory level, and lead time.
Another excerpt from the report description, however, outlines a possible restraint to the market's growth:
A major challenge for the growth of Al in the telecommunication industry is the lack of technical expertise among the workforce. Enterprises implementing Al are required to have sound knowledge on working with Al software platforms and periodic servicing necessities to ensure smooth operations. The lack of technical knowledge can impact the demand for Al in the telecommunication industry.
Sam Mowers, Investorideas.com
Read and hear other editions of the AI Eye
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner , 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 , Exploring Mining the AI Eye .
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:
https://www.investorideas.com/Audio/
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
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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
Contact Investorideas.com
800 665 0411