Inpixon (NASDAQ: INPX) is having an incredibly strong time in the market today, and for good reason. The company announced news with regard to an enterprise voice-user interface, also known as VUI technology, that caused excitement among investors. Today, we’ll talk about the technology, what we’re seeing from INPX as a result, and what we’ll be watching for ahead.
INPX Gains On VUI News
As mentioned above, Inpixon is having a strong start to the trading session this morning after the company announced news surrounding VUI technology. In a press release issued less than an hour ago, INPX announced that it plans on using VUI technology along with blockchain technology with a goal of supporting its growing network of retail and marketing customers in making better decisions with deep intelligence. The company said that the VUI will perform as a digital assistant for marketers, giving them the ability to make quick, hands-free decisions with the help of vetted, predictive information, while providing a complete audit trail through the blockchain.
VUI makes direct human interaction with computers possible with the use of simple voice commands. Through the use of platforms like Siri, Alexa, and Google Assistant, VUI has become a modern household tool. Ultimately, INPX sees this tool as not only a great tool for the household, but a great tool for enterprise solutions. There is no monitor, no keyboard, no mouse ― only an audio input/output device that functions just like a search engine, listening for keywords.
In the release, INPX said that their IPA VUI will speed up intelligence gathering and provide nearly instantaneous access to company information and big data and has the ability to predict outcomes based on past information. As a result, the VUI will make suggestions that will keep the business moving more efficiently and effectively. The system will also keep written logs of VUI interactions, providing strong record keeping. In a statement, Nadir Ali, CEO at INPX, had the following to offer:
Accessibility to key metrics is vital to better decision making and VUI offers that advantage, therefore enterprise VUI is soon to become common in corporate meeting rooms… Inpixon’s IPA VUI is based on simple, streamlined technology to which everyone already has access – all business intelligence (BI) big data systems will eventually head down this same path with us. What makes our position unique is that we are ready to help our customers make better decisions now, not tomorrow.
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