- Artificial intelligence sector forecast to grow to almost $90 billion by 2025
- ATIXF’s CapitalCube provides powerful AI-based equity research platform
- Integration of ATIXF’s MarketWall with Intesa Sanpaolo will provide exposure to eight million stock trading clients in six countries
Artificial Intelligence (“AI”) has been a big talking point for a few years now, but this has not yet translated into any substantial investment in the technology. This may be about to change in 2018, with Tractica forecasting that annual global AI revenue will grow to almost $90 billion by 2025 (http://nnw.fm/5Zj4d). Analysts predict that AI is poised to break through in 2018, although, to date, few companies beyond the tech sector have adopted it to any appreciable extent. AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) is a notable AI company that has made significant strides in this sector over the last few months.
The company has developed a proprietary machine learning technology that analyzes big data using algorithms and turns it into actionable information. AnalytixInsight’s technology is scalable and can be applied in virtually any data-driven industry, including communications, health care, finance, sports, insurance and government. The company entered the financial market with the launch of its flagship product, CapitalCube.com. This is a portal which provides comprehensive research, portfolio evaluation and screening tools for companies involved in 50,000 global equities and North American ETFs.
CapitalCube’s powerful online portal provides in-depth analysis, performance evaluations, accounting and earnings reports. It also provides AI-supported information on likely dividend changes, share buybacks and acquisitions. The platform’s robo-advisor offers the potential to empower investors to maintain a desired risk profile while matching risk to ideal ETF exposure. CapitalCube allows free access to basic financial information and provides subscription-based access to in-depth analysis and predictive analytics at $25 per month, as well as customized peer analysis at $300 per month. It also publishes 3,000 articles daily, with content partners including The Wall Street Journal, Thomson Reuters, Yahoo Finance, Euronext NV and Africa Investor.
A fintech subsidiary of AnalytixInsight, MarketWall, develops integrated software solutions for smart devices, including PCs, smartphones, tablets, smart TVs and smart wearable mobile devices. Italy’s largest retail bank, Intesa Sanpaolo, has joint ownership in MarketWall. The bank has a market cap of almost 51 billion euros and has more than 4,000 branches.
AnalytixInsight plans to integrate MarketWall with Intesa Sanpaolo during 2018, which will be available in six countries and provide the company with exposure to the bank’s eight million stock-trading clients. This initiative will embed the CapitalCube platform, providing user access to real-time trading information. The mobile stock trading application will also interface with Intesa Sanpaolo’s established trading platform, MarketHub. In partnership, the MarketWall app will also be preloaded on mobile devices in certain European countries.
AnalytixInsight is currently evaluating and developing a series of blockchain technology initiatives to complement its AI platform for big data analytics. The company envisages the use of distributed ledger technology to result in reduced transaction costs and settlement times.
For more information, visit the company’s website at www.AnalytixInsight.com
More from NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com