Here is AITech365’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Analytics news this week…
Exasol introduces new portfolio of AI tools to accelerate data analysis in companies
Exasol, a provider of high-performance analytics databases, announced the launch of Espresso AI, comprised of multiple artificial intelligence (AI) technologies, at TDWI Transform 2024. Espresso AI helps companies carry out data analysis faster, more cost-effectively and more flexibly. With the new features, Espresso AI gives companies all the tools they need to harness the power of their data for advanced AI-powered insights and data-driven decisions. With Espresso AI, data teams are able to efficiently implement business-critical use cases such as demand forecasting, fraud detection, and churn predictions.
In Cybersecurity news this week…
IRONSCALES, the leading enterprise cloud email security platform protecting more than 13,000 global organizations, announced the appointment of Gil Mazor as the company’s first Chief Product and R&D Officer and GM Israel. Gil’s addition to the executive team underscores IRONSCALES’ commitment to growth and innovation in the cybersecurity industry.
In IT and DevOps news this week…
Decisions Announces One-click Insight Analysis with Process Mining for Rapid Optimization
Decisions, provider of a leading intelligent process automation (IPA) platform, announces the availability of one-click insight analysis in its process mining solution for use in conjunction with the full suite of Decisions capabilities or as a stand-alone tool to optimize business processes.
In Computing news this week…
Lightning AI, the creator of PyTorch Lightning and Lightning Studios, announced it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS). The SCA allows Lightning AI to leverage AWS compute services to power generative artificial intelligence (AI) services and to provide first-class support for Amazon Elastic Compute Cloud (Amazon EC2) Trn1 instances, powered by AWS Trainium accelerators, directly within the platform. By collaborating with AWS, Lightning AI is able to offer a powerful, enterprise-grade, cloud-based platform for building and deploying AI products.
In MarTech this week…
Lufthansa , Europe’s largest airline, has embarked on a transformation journey to improve customer engagement with the launch of an innovative Customer Insight Hub developed in collaboration with TD Reply . This innovative portal allows you to carry out advanced analyzes using specialized Large Language Models to activate data-driven strategies aimed at improving the customer journey and optimizing the customer experience.
In Customer Experience news this week…
Tagado’s New Smart Monitoring Tool Categorizes and Groups Customer Feedback in Real-Time
Tagado, the AI analytics provider of high-res CX data intelligence, has announced the launch of its new feedback trends monitor, that automatically allows CX, service and product teams to segment feedback into issues so evolving trends can be instantly prioritized, assigned, resolved and monitored over time.
In Robotic Process Automation news this week…
Businesses looking to deploy autonomous mobile robots (AMRs) in their facility often realize that an AMR without a top module is like a robot arm without a gripper. A lifter top module enables an AMR to drive underneath the cargo, lift it up and transport it to the desired location, while a top roller makes sure that the cargo is seamlessly transferred from the AMR to a conveyor station, providing a fully-automated, efficient logistics cycle.
In Natural Language Processing news this week…
NextPlane Brings GenAI and Seamless Interconnection Between Microsoft Teams, UCaaS, and CX Platforms
NextPlane, a leading provider of interoperability and federation services for collaboration solutions, announced a set of new software offerings – OpenCall and OpenAxys – that enable next-gen AI capabilities into Microsoft Teams PSTN calling with Unified Communications (UCaaS) and call center (CX) platforms while seamlessly empowering a suite of new capabilities leveraging large language models (LLMs).
In Cloud news this week…
Prosimo introduces the industry’s first AI suite for multi-cloud networks
Prosimo , a leading provider of multi-cloud networking software, today announced the AI Suite for Multi-Cloud Networking , enabling teams to bring AI workloads to market faster bring to.
In Healthcare news this week…
Maverick Medical AI, or Maverick, a provider of an innovative and autonomous AI-powered medical coding platform, partners with ImagineSoftware, the leading provider of revenue cycle management (RCM) technology in the U.S. Through the partnership, ImagineSoftware will integrate Maverick’s AI-powered Autonomous Medical Coding Platform as a solution for customers to scale their operations and achieve a higher direct-to-bill rate.
In Generative AI news this week…
Behavox Announces Significant Expansion of Risk Coverage for Wealth and Asset Management Firms
Behavox, a leading provider of AI-driven compliance solutions, announced an expansion of its risk coverage capabilities, specifically designed for Wealth and Asset Management firms with retail client bases. Leveraging its market-leading communication surveillance solution powered by GenAI and Large Language Models (LLM), Behavox now introduces an expanded suite of AI Risk Policies and lexicons to address a comprehensive range of risks.
In Machine Learning news this week…
Orkes, whose platform offers the fastest way to scale distributed systems, has raised $20 million in new funding. The company has experienced significant growth since its initial launch and $9.3 million raise in 2022, including revealing a suite of industry-first AI tools and winning large multinational customers such as United Wholesale Mortgage, Foxtel, and up-and-coming startups like Collective. Thousands of organizations and Fortune 100 companies rely on the open-source Conductor project actively maintained by Orkes, including Atlassian, Tesla, Oracle, American Express, GE Healthcare, and government agencies like the United Kingdom’s Ministry of Justice.
Insight of the Week
A Beginner’s Guide to Using Machine Learning in Advertising Campaigns
Marketers aim to present the perfect product to the ideal consumer precisely when they’re poised to make a purchase. Over time, marketers’ capacity to achieve this goal and pinpoint increasingly specific customer segments has expanded tremendously. In today’s world where AI is increasingly garnering attention, machine learning in advertising is not an exception.
