Natural language processing

Smart Factory Market worth $164.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

Industrial sensors to hold the largest market share in smart factory market in the year 2023.

Key Points: 
  • Industrial sensors to hold the largest market share in smart factory market in the year 2023.
  • Plant asset management (PAM) is experiencing rapid growth in the smart factory market as industries increasingly prioritize efficient operations.
  • Asia Pacific is expected to grow at the highest CAGR in the Smart factory industry from 2024 to 2029.
  • (US), Stratasys (US), 3D Systems Corporation (US) and Others in the Smart factory market.

Smart Factory Market worth $164.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 25, 2024

Industrial sensors to hold the largest market share in smart factory market in the year 2023.

Key Points: 
  • Industrial sensors to hold the largest market share in smart factory market in the year 2023.
  • Plant asset management (PAM) is experiencing rapid growth in the smart factory market as industries increasingly prioritize efficient operations.
  • Asia Pacific is expected to grow at the highest CAGR in the Smart factory industry from 2024 to 2029.
  • (US), Stratasys (US), 3D Systems Corporation (US) and Others in the Smart factory market.

Language Services Market Report 2024-2032, by Service (Translation Services, Interpretation Services, and Others), Component, Application and Region

Retrieved on: 
Thursday, March 21, 2024

DUBLIN, March 21, 2024 /PRNewswire/ -- The "Language Services Market Report by Service (Translation Services, Interpretation Services, and Others), Component, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 21, 2024 /PRNewswire/ -- The "Language Services Market Report by Service (Translation Services, Interpretation Services, and Others), Component, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
  • As globalization continues to drive companies towards international expansion, the market is expanding, providing a significant impetus to the language services market.
  • Many leading language service providers in Europe leverage artificial intelligence, machine learning, and natural language processing to offer efficient and scalable language services.
  • Moreover, companies in the language services market are expanding their localization offerings to cater to the needs of global businesses.

Global AI Server Market Report, Featuring Profiles of Key Players IBM, Hewlett Packard, Dell, Huawei, Fujitsu, Lenovo, Giga-Byte Technology, Inventec, Quanta Computer, PhoenixNAP and PSSC Labs

Retrieved on: 
Thursday, March 21, 2024

The global AI server market was valued at US$12.34 billion in 2023, and is expected to be worth US$50.65 billion in 2029.

Key Points: 
  • The global AI server market was valued at US$12.34 billion in 2023, and is expected to be worth US$50.65 billion in 2029.
  • The AI server market is propelled by various driving factors and is poised to witness noteworthy trends in the upcoming years.
  • The increasing complexity of these applications necessitates high-performance computing, fostering a robust demand for AI servers equipped with specialized hardware.
  • The key players of the global AI server market are:

Large Language Model (LLM) Market worth $36.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 20, 2024

The convergence of these factors positions general-purpose LLMs as the frontrunners in capturing the largest market share in Large Language Model Market.

Key Points: 
  • The convergence of these factors positions general-purpose LLMs as the frontrunners in capturing the largest market share in Large Language Model Market.
  • Top Key Companies in Large Language Model (LLM) Market:
    In February 2024, Google made a notable LLM announcement, unveiling Gemini 1.5 with significant advancements.
  • In December 2023, Google unveiled an unprecedented Large Language Model (LLM) named VideoPoet, which is multimodal and capable of generating videos.
  • Large Language Model (LLM) Market Advantages:
    Natural language understanding is an area in which LLMs shine.

Large Language Model (LLM) Market worth $36.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 20, 2024

The convergence of these factors positions general-purpose LLMs as the frontrunners in capturing the largest market share in Large Language Model Market.

Key Points: 
  • The convergence of these factors positions general-purpose LLMs as the frontrunners in capturing the largest market share in Large Language Model Market.
  • Top Key Companies in Large Language Model (LLM) Market:
    In February 2024, Google made a notable LLM announcement, unveiling Gemini 1.5 with significant advancements.
  • In December 2023, Google unveiled an unprecedented Large Language Model (LLM) named VideoPoet, which is multimodal and capable of generating videos.
  • Large Language Model (LLM) Market Advantages:
    Natural language understanding is an area in which LLMs shine.

Slang.ai Named to Fast Company's Annual List of the World's Most Innovative Companies of 2024

Retrieved on: 
Wednesday, March 20, 2024

"Slang.ai has been relentlessly pushing the boundaries of AI technology to revolutionize the way restaurants and hospitality partners interact with their customers -- from enhancing conversational capabilities to streamlining operations, our platform has been instrumental in reshaping the industry landscape," said Alex Sambvani is the co-founder and CEO, Slang.ai. "Our inclusion in Fast Company's list of the World's Most Innovative Companies of 2024 is a testament to our commitment to excellence and our relentless pursuit of innovation. We are honored to be recognized among such esteemed companies and look forward to continuing to push the boundaries of what is possible in AI-driven customer service."

Key Points: 
  • NEW YORK, March 20, 2024 /PRNewswire-PRWeb/ -- Slang.ai, an Artificial Intelligence (AI) -powered phone answering platform built for restaurants and hospitality partners, has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2024.
  • Alongside the World's 50 Most Innovative Companies, Fast Company recognized 606 organizations across 58 sectors and regions.
  • "Our inclusion in Fast Company's list of the World's Most Innovative Companies of 2024 is a testament to our commitment to excellence and our relentless pursuit of innovation.
  • This event celebrates the Most Innovative Companies honorees and provides an inside look at cutting-edge business trends and what it takes to innovate in 2024.

Accolade Wins 2024 Artificial Intelligence Excellence Award

Retrieved on: 
Wednesday, March 20, 2024

SEATTLE, March 20, 2024 /PRNewswire/ -- Accolade, Inc. (Nasdaq: ACCD) today announced it has been named a winner of the Business Intelligence Group's Artificial Intelligence Excellence Awards program for its application of Natural Language Processing. This award recognizes companies leveraging AI technology to solve real-world problems. Accolade is one of the only healthcare organizations recognized this year for excellence in AI.

Key Points: 
  • SEATTLE, March 20, 2024 /PRNewswire/ -- Accolade, Inc. (Nasdaq: ACCD) today announced it has been named a winner of the Business Intelligence Group's Artificial Intelligence Excellence Awards program for its application of Natural Language Processing.
  • Accolade is one of the only healthcare organizations recognized this year for excellence in AI.
  • Accolade partners with Observe.AI , a live conversation intelligence platform for contact centers, to improve how it scores call center interactions for empathetic conversations.
  • "We are truly honored to recognize Accolade with this prestigious award," stated Maria Jimenez, Chief Nominations Officer for the Business Intelligence Group.

Microsoft and Paige's Collaboration Set to Transform Cancer Diagnosis in U.S. AI Medical Imaging Market - Forecasts to 2030

Retrieved on: 
Tuesday, March 19, 2024

The U.S. AI in medical imaging market is anticipated to reach USD 2.93 billion by 2030 and is anticipated to expand at a CAGR of 33.2% during 2024-2030.

Key Points: 
  • The U.S. AI in medical imaging market is anticipated to reach USD 2.93 billion by 2030 and is anticipated to expand at a CAGR of 33.2% during 2024-2030.
  • The increasing demand for managing extensive and complex datasets are the major factors contributing to the U.S. artificial intelligence (AI) in medical imaging market growth.
  • For instance, in September 2023, Kinetica announced a Large Language Model (LLM) integrated with its advanced architecture.
  • It enables users to conduct real-time, ad-hoc data analysis using natural language on structured data without needing external API calls.

Co-operative Insurance Company Selects Cloverleaf Analytics' Platform Enhancing Data Integration into InsuranceNow

Retrieved on: 
Tuesday, March 19, 2024

AUSTIN, Texas, March 19, 2024 /PRNewswire-PRWeb/ -- Cloverleaf Analytics is proud to announce that the Co-operative Insurance Company has selected Cloverleaf's Insurance Intelligence Platform as their partner in migrating and managing insurance data to Guidewire InsuranceNow. This groundbreaking move is set to revolutionize the way Co-operative Insurance continues to serve its customers by harnessing the power of advanced analytics to consolidate vast amounts of information securely and efficiently.

Key Points: 
  • AUSTIN, Texas, March 19, 2024 /PRNewswire-PRWeb/ -- Cloverleaf Analytics is proud to announce that the Co-operative Insurance Company has selected Cloverleaf's Insurance Intelligence Platform as their partner in migrating and managing insurance data to Guidewire InsuranceNow.
  • Eric Rhoades, Senior Vice-President/CISO
    Eric Rhoades, Senior Vice-President/CISO – Information Services at Co-operative Insurance said, "Our partnership with Cloverleaf is a foundational shift towards leveraging our evolving data capabilities.
  • The key features of the Cloverleaf Insurance Intelligence Platform for Guidewire InsuranceNow customers include:
    Comprehensive data consolidation within InsuranceNow for seamless migration and management.
  • The Cloverleaf Insurance Intelligence Platform stands out from generic data analytics platforms by wielding a deep understanding of insurance needs intricately woven into every facet of their technology.