Investorideas.com Newswire – AI Eye Podcast #499: BlackBerry (NYSE: $BB) Reports Economical Results with AI-Related Enterprise Highlights
5 min read(MENAFN – Investor Ideas)
Level Roberts, WA and Vancouver, BC – December 18, 2020 (Investorideas.com Newswire) Investorideas.com ([…] ), a global trader news source masking Artificial Intelligence (AI) delivers you modern edition of The AI Eye – looking at stock information, offer tracker and improvements in synthetic intelligence.
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AI Eye Podcast #499: BlackBerry (NYSE: $BB) Experiences Economic Outcomes with AI-Linked Enterprise Highlights
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Shares reviewed: (NYSE:BB) (OTC:RCRT)
BlackBerry Restricted (NYSE:BB ) has reported monetary results for the a few months ended November 30, 2020. Highlights contain a full corporation non-GAAP revenue for the third quarter of fiscal 2021 of $224 million and whole funds, hard cash equivalents, quick-term and very long-expression investments of $757 million. John Chen, Govt Chairman & CEO, BlackBerry, emphasised some of the firm’s AI-connected company developments and strategic bulletins:
“We are delighted to report solid economic outcomes this quarter, offering sequential software package and products and services revenue expansion in line with our outlook. This quarter we shipped remarkable new technological innovation releases, primarily our AI-pushed BlackBerry® Cyber Suite. We also created sizeable development with partnerships. Our not too long ago-introduced multi-calendar year, exceptional partnership with AWS to co-acquire and co-industry BlackBerry IVY, is both of those strategic and distinctive. This new system will create a recurring-revenue business, bringing with each other BlackBerry’s comprehensive practical experience and footprint in embedded automotive with AWS’ unparalleled cloud arrive at, consumer practical experience and interface.”
AI-enabled hiring platform Recruiter.com Group, Inc. (OTC:RCRT ) has announced an improve to its software package system. This will include things like an AI/Video clip aspect that employs “video screening coupled with AI-matching from a database of hundreds of hundreds of thousands of profiles,” aimed at creating the selecting course of action more successful. Evan Sohn, CEO of Recruiter.com, claimed:
“We are excited to assistance our shoppers recruit expertise speedier using online video, artificial intelligence technology, and digital teams of on-desire recruiters. Our re-engineered system integrates these capabilities into our main computer software and considerably updates our design and style, infrastructure, and usability. Recruiter.com moves into the new yr with an remarkable chance and complex functionality to assistance in the re-opening of our economy by enabling firms of all dimensions to recruit expertise a lot quicker.”
International Network Automation Current market to Attain $22.58 Billion by 2027
A report posted by Fortune Enterprise Insights finds that the world-wide Network Automation marketplace will develop from $4 billion in 2019 to $22.58 billion by 2027 with a compound yearly progress level (CAGR) of 24.2 percent in the forecast time period 2020-2027. An excerpt from the report summary clarifies how AI is used to handle “unparalleled community visitors designs” brought about by measures taken to offer with the COVID-19 pandemic:
The automatic procedures powered by artificial intelligence and device learning enable deal with these issues in real-time by scanning dynamically for threats, anomalies, and recommending successful mitigations. This style of automation is one particular of the methods to watch networks to deal with and determine peak community site visitors automatically and bandwidth configuration.
Sam Mowers, Investorideas.com
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