NEWS PROVIDED BYMarketsandMarkets Jul 03, 2024, 10:15 ET CHICAGO, July 3, 2024 /PRNewswire/ — The Natural Language Understanding (NLU) Market is estimated to grow from USD 19.2 billion in 2024 to USD 62.9 billion in 2029, at a CAGR of 26.8% during the forecast period, according to a new report by MarketsandMarkets™. The growth of the natural language understanding market is driven by an increasing consumer demand for personalized and intuitive interactions, enhanced productivity, shorter call durations in contact centers, a rising need for impactful brand messaging, and the rapid expansion of unstructured text data. Browse in-depth TOC on “Natural Language Understanding (NLU) Market” 400 – Tables70 -…
Author: PRNEWSWIRE
Read More
NEWS PROVIDED BYSocure Jul 03, 2024, 09:00 ET INCLINE VILLAGE, Nev., July 3, 2024 /PRNewswire/ — Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, today announced that its Socure ID+ platform has been recognized as “Best AI-based Solution for Fraud Prevention” in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. Socure’s Sigma Fraud suite breaks new ground in moving beyond the view of identity as a single snapshot in time, instead assessing a consumer’s historic behavioral patterns across…
NEWS PROVIDED BYAkooda Jul 03, 2024, 09:00 ET Akooda Named Winner at the 19th Annual 2024 Globee® Awards for Technology Startup Achievement of the Year BOSTON, July 3, 2024 /PRNewswire/ — Akooda is delighted to announce that it has been recognized as a winner at the 19th Annual 2024 Globee® Awards for Technology, one of the world’s premier business awards programs. Akooda was awarded in the category of Startup Achievement of the Year for its AI-powered Enterprise Search that powers Operations Intelligence for Instant Insights. Explore the complete list of 2024 winners here: https://globeeawards.com/technology/winners/ The Globee® Awards for Technology honor and celebrate the…
NEWS PROVIDED BYSkyQuest Technology Jul 03, 2024, 10:20 ET WESTFORD, Mass., July 3, 2024 /PRNewswire/ — According to SkyQuest, the global Mobile Artificial Intelligence (AI) Market size was valued at USD 13.4 billion in 2022 and is poised to grow from USD 17 billion in 2023 to USD 114.36 billion by 2031, growing at a CAGR of 26.9% in the forecast period (2024-2031). Mobile artificial intelligence (AI) refers to the operation of AI models simply on-device without the need for external servers or internet connectivity. Advancements in semiconductor technology and artificial intelligence technology are highly crucial in determining the future of mobile artificial intelligence (AI) market going forward. Targeting the…
NEWS PROVIDED BYAvicenna.AI Jul 03, 2024, 09:06 ET French AI company achieves key EU regulatory compliance for multiple algorithms that identify, detect, and quantify severe conditions from medical images. LA CIOTAT, France, July 3, 2024 /PRNewswire/ — Avicenna.AI, a leading medical imaging AI company, has received Medical Device Regulation (MDR) certificate for five of its algorithms from certification body BSI Medical Devices. This development means the company’s product portfolio is fully compliant with the European Union’s MDR 2017/745, which is now mandatory for medical device companies that want to provide their solutions in Europe. The MDR was introduced to update the EU’s regulations for medical…
NEWS PROVIDED BYSanctuary AI Jul 03, 2024, 09:03 ET VANCOUVER, BC, July 3, 2024 /PRNewswire/ – Sanctuary AI, a company on a mission to create the world’s first human-like intelligence in general purpose robots, has announced a strategic investment from BDC Capital’s Thrive Venture Fund and InBC Investment Corp. (InBC). This brings the total investment in Sanctuary to over $140 million to date. BDC is Canada’s most active venture capital investor, and InBC is a strategic investment fund created by the Province of British Columbia (BC) to benefit BC. The additional funds will be used to further accelerate Sanctuary’s progress towards bringing AI into the physical world. Sanctuary’s existing investors include Accenture, Bell, Export…
NEWS PROVIDED BYZINFI Technologies, Inc. Jul 03, 2024, 07:00 ET The new guidebook offers valuable insights and actionable strategies to streamline partner recruitment, training, and enablement for business growth. PLEASANTON, Calif., July 3, 2024 /PRNewswire/ — ZINFI Technologies, Inc., a company leading the definition and creation of Unified Partner Management (UPM) solutions, is proud to announce the launch of its latest comprehensive guidebook, “Mastering Partner Onboarding: A Comprehensive Guide to Recruitment, Training, and Enablement for Business Growth.” This new resource is designed to help businesses effectively recruit, onboard, and enable partners to drive mutual growth and success. Establishing and maintaining solid partnerships is essential for…
NEWS PROVIDED BYInfiniti Research, Inc. Jul 03, 2024, 05:36 ET NEW YORK, July 3, 2024 /PRNewswire/ — The global POS terminals market size is estimated to grow by USD 54.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 8.98% during the forecast period. Growth in end-user demand for pos terminals is driving market growth, with a trend towards continuous development of new products. However, high operational and maintenance costs of pos terminals poses a challenge. Key market players include BBPOS International Ltd., Bitel Corp., Castles Technology Co. Ltd., Cegid SA, CitiXsys Holdings Inc., Diebold Nixdorf Inc., Elavon Inc., Fiserv Inc., Ingenico…
NEWS PROVIDED BYAltair Jul 03, 2024, 01:00 ET Aitek to offer Altair’s leading data analytics and AI solutions throughout Morocco, Ghana, Ivory Coast, Senegal, and Cameroon TROY, Mich., July 3, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to welcome Aitek as a new channel partner. Within the partnership, Aitek will offer Altair’s leading data analytics and artificial intelligence (AI) solutions to its customers throughout the North, West, and Central African Regions. “We are delighted to announce this strategic partnership to expand further into a dynamic, fast-growing region that has the capacity to rapidly adopt technological solutions,” said Stefano Deiana, vice president of Altair France, Italy, Spain, and Africa, Altair. “Aitek owes its success to its strong…
NEWS PROVIDED BYTechnavio Jul 02, 2024, 14:30 ET NEW YORK, July 2, 2024 /PRNewswire/ — The global software testing services market size is estimated to grow by USD 20.6 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.64% during the forecast period. Increasing adoption of mobile testing is driving market growth, with a trend towards growing momentum of crowdsourced testing. However, availability of open-source and free testing tools poses a challenge. Key market players include Atos SE, BRISA, Capgemini Service SAS, Cognizant Technology Solutions Corp., DeviQA Solutions, Expleo Group SAS, Hexaware Technologies Ltd., Infosys Ltd., International Business…