Mindbreeze, a leader in AI-based knowledge management solutions, proudly announces that Mindbreeze InSpire has been named a KMWorld Trend-Setting Product for 2024. This recognition highlights Mindbreeze's commitment to innovation and excellence in the knowledge management space. KMWorld's annual Trend-Setting Products list celebrates pioneering solutions that help organizations harness the power of information, streamline processes, and drive digital transformation. The 2024 list showcases products that leverage evolving technologies to solve core knowledge management challenges.
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Enterprise data is rapidly evolving to meet the demands of AI-powered applications. A strong, cloud-based data foundation is critical for unlocking the full potential of this data, as it provides the scale, agility, and power needed to drive business reinvention. According to Gartner, 80% of organizations attempting to scale their digital business by 2025 will fail due to inadequate data and analytics governance. Kerem Koca, CEO of BlueCloud, emphasizes that a robust data strategy is essential for leveraging AI effectively, but warns that poorly managed data can become overly complex, siloed, and difficult to unlock.
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Oracle announced the general availability of Oracle Cloud Infrastructure (OCI) Generative AI (GenAI) Agents with retrieval-augmented generation (RAG) capabilities. These innovations empower customers to leverage AI to streamline business processes, providing a competitive advantage by simplifying the application of AI in real-world operations. The launch introduces new AI features across OCI’s suite, including advanced data management, language processing, and computer vision capabilities.
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Vonage, a global leader in cloud communications and part of Ericsson, has announced a new collaboration with SAP SE to explore generative AI and NextGen use cases using Vonage’s API platform and SAP Business AI. This partnership aims to leverage Vonage’s Communications Platform as a Service (CPaaS) and SAP Business Technology Platform (SAP BTP) to enhance customer experiences, improve operational efficiencies, and drive innovation in business communications and engagement.
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Birdeye, the top AI platform for local brands, has launched two new products—Insights AI and Competitors AI—designed to provide generative AI insights and actionable recommendations. Announced at Birdeye View 2024, these products aim to help local brands outperform competitors and achieve market dominance through advanced AI business intelligence.
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SiMa.ai, a pioneer in embedded edge machine learning, has introduced MLSoC™ Modalix, the world’s first multi-modal edge AI product family. Announced at the Digital Pharma East conference, this revolutionary product family supports a wide range of models including CNNs, LLMs, LMMs, and Generative AI, delivering up to 10 times the performance per watt compared to alternatives. The MLSoC Modalix family is designed to support industries ranging from agriculture and medicine to transportation and defense.
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Sionic AI, a South Korean startup led by CEO Seok-Hyun Koh, has announced a strategic partnership with Alibaba Cloud, the digital technology backbone of Alibaba Group. This collaboration, formalized through a Memorandum of Understanding (MOU), aims to integrate Generative AI with cloud technologies, positioning Sionic AI for enhanced global competitiveness with support from Alibaba Cloud's robust infrastructure and networking capabilities.
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Exotel, a leading provider of AI-powered customer engagement solutions, has successfully concluded its flagship event, EngageX 2024, held in Riyadh, Saudi Arabia. The highlight of the event was the introduction of Ameyo by Exotel, marking a new era with the launch of the Kingdom’s first local cloud for Customer Experience (CX), integrated with local telephony and advanced AI. This development is a significant milestone in Exotel's dedication to supporting Saudi Arabia's Vision 2030 by enhancing business-customer interactions with innovative technology.
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Onit, a global leader in AI-enabled workflow automation solutions for the legal industry, has unveiled significant enhancements to its groundbreaking ReviewAI product. Powered by generative AI technology, this launch represents the first of several major AI-driven product releases planned for this year, reaffirming Onit's position at the cutting edge of legal tech innovation.
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