Point Roberts, WA and Vancouver, BC - April 30, 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:The AI Eye: Tencent Cloud Signs MOU with SDMC, Mobi724 Announces FY 2019 Financial Highlights
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligenceStocks discussed: (OTC:TCEHY) (TSXV:MOS)
Tencent Cloud, the cloud computing arm of Tencent (OTC:TCEHY), has signed a Memorandum of Understanding (MOU) with digital TV leader SDMC. Through the MOU, the two firms aim to leverage Tencent Cloud's advanced technologies, including AI, and SDMC's industry experience, to launch the SDMC XMediaTV Cloud, a cloud-based SaaS video streaming solution to provide services for OTT (over-the-top) operators around the globe. David Li, CEO of SDMC, explained:
"SDMC has currently served over 200 operator customers, covering over 100 million households around the world. Through this collaboration, we could introduce Tencent Cloud's high-performing products to our operator customers, and therefore greatly enhance their service capabilities and profitability. What's more, the video AI technology, Extreme Speed High Definition technology as well as Tencent's cloud gaming service will also help boost our overall competitiveness."
Mobi724 Global Solutions Inc. (TSXV:MOS) has announced its fiscal year 2019 financial highlights. Some highlights include a 70 percent increase in revenue from continuing operations, a net loss decrease of 27 percent and a cash position increase of 116 percent. Allan Rosenhek, CFO of Mobi724, said:
"We are pleased with our transformation. By refocusing the Company on our higher margin vertical, we grew our top line by 70%, closed a number of important agreements, invested in the integration of Artificial Intelligence technology capabilities as a core of the platform; all while decreasing our operating loss by 31% and our cash burn by 14%."Global NLP in Healthcare & Life Sciences Market to Reach $3.7 billion by 2025
A report from Markets and Markets finds that the global Natural Language Processing (NLP) in Healthcare and Life Sciences market will grow from $1.5 billion in 2020 to $3.7 billion by 2025 with a compound annual growth rate (CAGR) of 20.5 percent in the forecast period. An excerpt from the report description outlines the role of cloud deployment in the market:
Most vendors in the NLP in healthcare and life sciences market offer cloud-based NLP solutions to maximize profits and automate the equipment maintenance process, effectively. The adoption of cloud-based NLP in healthcare and life sciences solutions is expected to grow, owing to benefits, such as easy maintenance of generated data, cost-effectiveness, agility, flexibility, scalability, and effective management of these solutions. Companies prefer to adopt cloud-based NLP solutions, as these support their regional, cross-regional, or cross-country data recovery strategies. This enables organizations to ensure resilience in case of disasters.
Sam Mowers, Investorideas.com
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:
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