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Iron Mountain Rolls Out InSight on Google Cloud Marketplace

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Zacks Equity Research
·3 min read
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Strengthening its relationship with Google, Iron Mountain Incorporated IRM launches its enterprise-class content services platform, Iron Mountain InSight, on Google Cloud Marketplace.

With this, the platform is the first artificial intelligence (AI) and machine learning (ML) content services platform on Google Cloud Marketplace.

Iron Mountain InSight was made commercially available to organizations from October 2018. It uses unique classification techniques to sort, structure and context customers' content according to their needs. Moreover, the AI-based content analytics and visual search interface in the platform enables companies to unlock value and easily interpret information from their massive archives of unstructured data and assets.

Further, it helps companies on their digital journey and simplifies user experience so that customers can have best-in-class options to eliminate the complexity of high-volume asset analysis.

In fact, Iron Mountain InSight is indispensable for a number of industries that require speedy insights from multiple data to minimize any risk or fraud.

Specifically, in highly-regulated industries like lending and financial services, Iron Mountain InSight has played a crucial part in maintaining and optimizing critical processes. Companies can easily segregate document images, capitalizing on advanced proprietary models.

In the insurance and claims industry, the platform is used in both the government and private sectors. The platform has been used by a government labor department, facilitating home-based workers to rapidly process high volumes of unemployment claim records. Other than speedy and accurate claim processing, InSight enables identification of possible anomalies in loss claim filings indicating any fraud.

Per management, "With varying technical skills across technology today, the Iron Mountain InSight solution empowers users of all skill levels to glean the benefits of AI and ML. Iron Mountain InSight's availability on the Google Cloud Marketplace will make it easier for an organization to accelerate their digital journey by reducing the complexity traditionally associated with AI and ML."

Moreover, shares of this Zacks Rank #3 (Hold) company have lost 18.3% over the past year compared with the industry’s decline of 7.3%.


Stocks to Consider

Alexander Baldwin Holdings, Inc.’s ALEX Zacks Consensus Estimate for 2020 funds from operations (FFO) per share has been unchanged at 83 cents over the past month. The company currently flaunts a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

City Office REIT, Inc.’s CIO FFO per share estimate for the ongoing year has been unchanged at $1.11 over the past 30 days. The company currently sports a Zacks Rank of 1.

Gladstone Land Corporation’s LAND FFO per share estimate for 2020 has been unchanged at 68 cents over the past month. It currently carries a Zacks Rank of 2 (Buy).

Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) — a widely used metric to gauge the performance of REITs.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>

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Iron Mountain Incorporated (IRM) : Free Stock Analysis Report
Alexander Baldwin Holdings, Inc. (ALEX) : Free Stock Analysis Report
Gladstone Land Corporation (LAND) : Free Stock Analysis Report
City Office REIT, Inc. (CIO) : Free Stock Analysis Report
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