Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 17th January 2023
This is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.
Glimpse, the fast-growing, real-time insight platform, has brought on research and strategic planning veterans to meet demand for a simpler, faster way to uncover human sentiment and intent.
Lexalytics Expands NLP Capabilities Across Foreign Languages
Lexalytics, an InMoment company and pioneer in AI-based, natural language processing (NLP) technology, announced that it has improved accuracy and expanded NLP capabilities for 11 non-English languages it supports. Now, global brands and businesses can analyze unstructured data natively and benefit from full-featured text analytics to better understand their customers and make more informed decisions across 31 total languages.
Rising Need for Wealth Management Services Is Expected to Fuel the Wealth Management Market
SkyQuest’s analysis of the Wealth Management market provides valuable insights. The industry is currently in a growth phase, with sales increasing at a rate of 7.5% per year. However, there is potential for further growth, particularly in the premium segment of the market. One of the key drivers is that the global virtualization security market is experiencing significant growth due to technological advancements in wealth management products and services. Furthermore, the growing emphasis of wealth management service providers on hybrid advisory is expected to open up lucrative opportunities for market growth during the forecast period. However, the lack of pricing transparency and high competition in fees for wealth management products and services are likely to stifle market growth.
German Firms Keep Up Automation Drive After Pandemic
Enterprises in Germany continue to drive business automation initiatives, sustaining the momentum that began during the COVID-19 pandemic when companies adapted to new work modes, customer behaviors and other developments, according to a new research report published by Information Services Group (ISG) a leading global technology research and advisory firm.
SeeChange Partners with Diebold Nixdorf to Transform Retail Checkout Through the Power of AI
SeeChange Technologies, a leader in retail-focused computer vision AI technology, announced a partnership with Diebold Nixdorf, a global leader in designing, enabling and operating relevant retail consumer and staff journeys, to launch the first in a series of AI-powered self-checkout (SCO) solutions. Diebold Nixdorf’s Vynamic Smart Vision uses SeeWare machine learning to recognize fruits, vegetables, baked goods and items without a barcode. Diebold Nixdorf will demonstrate Fresh Produce Recognition at the NRF’s Big Show 2023, to be held in New York City .
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