GTCH - AI Eye Episode 469: Nuance Ranked #1 Solutions Provider by Black Book in Five Categories Including for AI Tech
Point Roberts, WA and Vancouver, BC - November 5, 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.
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AI Eye Episode 469: Nuance (NasdaqGS: ) Ranked #1 Solutions Provider by Black Book in Five Categories Including for AI Tech
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:NUAN)
GBT Technologies Inc. ( OTC PINK:GTCH ) has announced that its joint venture, GBT Tokenize Corp, is developing a blood pressure measurement feature for its AI-powered human vitals device qTerm. This additional feature will be released with the second version of the device in the first quarter of 2021. Danny Rittman, GBT's CTO, explained:
"qTerm will measure the amount of light that is absorbed or reflected by blood vessels in human tissues, calculating responsive changes in the blood's volume. The sensor coverage area includes veins, arteries, and numerous capillaries. Software algorithm will calculate and conclude the numerical results. qTerm will include blood oxygen level, heart rate, body temperature and blood pressure vitals measurements and all with a touch of a finger, an non-invasive product. Users will be able to potentially monitor their health, potentially identify early signs of health issues, and take appropriate care. Blood pressure is a critical vital to address proper treatment and management. Many medical conditions require this data and qTerm will be offering an easy, convenient measurement capability that will enable users to take the time and potentially monitor their health frequently."
Nuance Communications, Inc. ( NasdaqGS:NUAN ) has been ranked as the #1 Solutions Provider by Black Book Research in five categories, including medical speech recognition and AI technologies. Diana Nole, executive vice president and general manager, healthcare division at Nuance, commented on the achievement:
"We're honored that our AI-powered and cloud-based solutions continue to have a positive impact on the quality of patient care, efficiency of work, and financial outcomes for healthcare organizations we support. Black Book's highly respected analysis also reflects how we've been able to evolve our speech technology - with the help of our customers and partners - to bring new innovations like ambient clinical intelligence to market."
Global AI Robots Market to Exhibit 20.38% CAGR from 2020-2027
A report published by Data Bridge Market Research finds that the global AI Robots market will exhibit a compound annual growth rate (CAGR) of 20.38 percent in the forecast period 2020-2027. An excerpt from the report's description outlines some factors influencing or hampering growth in the market:
[The] increasing adoption of robots for personal use and government support in developing modern technologies are factors driving the growth of the artificial intelligence robots market. [The] unwillingness to adopt new technologies and [an] absence of regulations to control risks are [factors] restraining the artificial intelligence robots market. [The] focus on [the] development of robots with special application cases that work and add value acts as an opportunity. [But] the long time to commercialize robots is one of the challenges faced by the artificial intelligence robots market.
Sam Mowers, Investorideas.com
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