The adoption of artificial intelligence (AI) in professional service automation and project deliveries is revolutionizing the industry by replacing manual processes with automated, efficient, and productive solutions. Last year, the global IT professional services market size was valued at $870.05 billion and is expected to grow at a compound annual growth rate of 9.5% from 2024 to 2030. The industry is experiencing a significant shift towards AI and automation, necessitating project managers to adapt.
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Vida, a leading provider of carrier-grade AI voice agents for small and medium-sized businesses (SMBs), has announced the launch of its innovative platform and API designed for telecom service providers. In addition, Vida has secured a $3 million seed round led by Stillmark to accelerate the deployment of its cutting-edge AI voice solutions.
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The global Artificial Intelligence (AI) Platform Market, valued at USD 31.4 billion in 2022, is set to experience exponential growth, reaching USD 366.93 billion by 2031. This impressive growth trajectory, with a CAGR of 31.41% from 2024 to 2031, is driven by advancements in AI technology and the increasing adoption of AI across various industry verticals.
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S2W Inc. has cemented its position as a leader in AI and cybersecurity, recently presenting at the United Nations on "AI Technology for Tracking Cybercrimes and Its Applications." This milestone event underscored S2W's innovative contributions to global cybersecurity standards.
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Officials at Hovr, a leading innovator in website content delivery software, have announced the launch of their groundbreaking Generative AI product "Suggestions" and an immersive mobile experience "Pathways." These advancements are set to revolutionize digital marketing by enhancing user engagement and conversion rates through strategic video delivery and deployment.
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dunnhumby, the global leader in customer data science, has launched its next-generation assortment solution, revolutionizing how retailers select products with advanced AI technology. This new tool aims to help retailers deliver a localized and optimized shopping experience.
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Pegasystems Inc., the leading enterprise AI decisioning and workflow automation platform provider, has published its annual Impact Report for 2023. The report highlights Pega’s progress, developments, and contributions in Environmental, Social, and Governance (ESG) programs, showcasing the company's ability to adapt to emerging trends and challenges.
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Beamr Imaging Ltd., a leader in video optimization technology, has announced the integration of its first AI capability into Beamr Cloud, the company's GPU-powered video service. This new feature allows for automatic caption and transcription generation in multiple languages, marking the beginning of Beamr's AI enhancements.
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Zeta Global, the AI-Powered Marketing Cloud, has launched the Zeta Economic Index (ZEI), a revolutionary indicator of the US economy's state. Leveraging Zeta's proprietary data and cutting-edge Generative AI technology, the ZEI analyzes consumer behavior to assess and forecast economic trends.
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