Point Roberts WA, Vancouver BC – October 15, 2021 – 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 – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTCPINK:GTCH) (NYSE:PHG)

GBT Technologies Inc. (OTC PINK:GTCH) has announced the successful completion of its Infinia radio system testing phases, which comprised short and nationwide long distance voice and digital data communications. CTO Danny Rittman explained:

“The Infinia system works through skywaves, and our main challenge was to ensure dead zone coverage. After robust R&D efforts we developed a proprietary method and system to create a private grid, one maintaining continuous communication throughout day, night; across various landscape and weather conditions. The Infinia system consists of mobile base and repeater units to create a grid which aims to cover dead zones; automatically, switching to proper frequencies and units according to the ionospheric conditions. We plan to further develop the system (GEN II), incorporating our AI technology in order to achieve an intelligent control with even more rigorous weather and terrain conditions. The Infinia system aims to provide data and voice communication for a wide range of civilian and military applications, among them, remote telemedicine, emergency response, and modern internet services. Currently, we are evaluating GEN I possible commercial applications within civil and military domains.”

Royal Philips (NYSE:PHG) has announced the launch of its next-generation digital pathology solution, IntelliSite, which features “a comprehensive, scalable suite of software tools and capabilities designed to help streamline workflows, enhance diagnostic confidence, facilitate team collaboration, integrate artificial intelligence (AI) and increase the efficiency of pathology labs.” Louis Culot, General Manager Oncology Informatics at Philips, explained:

"Integrated diagnostic capabilities are a cornerstone to a precise diagnosis and personalized care pathway selection for oncology patients and only when data and specialties work together in harmony can the ultimate promise of care be realized. That’s why bringing together multiple pieces of the healthcare continuum – like radiology, pathology, and genomics – is the key to a new paradigm of diagnostic precision. By providing pathologists the interoperability and connectivity to share high-quality images and diagnostic insights across networks, Philips Digital Pathology Suite positions them as key stakeholders in the data-driven healthcare systems of the future.”

Global AIOps Market to Earn $17.2B from 2020-2026

A report published by Zion Market Research finds that the global Artificial Intelligence for IT Operations (AIOps) market, estimated at $4.03 billion USD in 2019, is projected to accrue earnings worth $17.2 billion by 2026, registering a compound annual growth rate (CAGR) of roughly 32 percent from 2020-2026. An excerpt from the report’s description reads:

AIOps applies advanced analytics & machine learning tools for recognizing patterns in automation data and service desks, thereby driving market trends. In addition to this, artificial intelligence is utilized for IT functions for enhancing performance as well as improving its access on-premises & cloud. Apparently, AI minimizes noise as well as prioritizes critical operations of the firms. All these aforementioned aspects will open new dimensions of growth for artificial intelligence for IT operations (AIOps) market in the forthcoming years.

Sam Mowers, Investorideas.com

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