Artificial Intelligence
Fluent.ai Unveils Partnership with Smart Home Solutions Leader COMMAX Inc. at CES 2020
LAS VEGAS, Jan. 06, 2020 (GLOBE NEWSWIRE) — Fluent.ai, a speech technology company that offers a range of artificial intelligence voice interface software products, announces today its partnership with COMMAX, one of the leading global brands in smart home control and security devices. The companies have been working together over the past year to integrate Fluent.ai’s world-leading voice artificial intelligence (AI) technology into COMMAX’s advanced smart home control devices.
COMMAX’s Wallpad will feature offline voice control in both English and Korean powered by Fluent.ai’s speech understanding solution. The voice enabled device will allow customers to securely control and monitor their smart home devices with ease. The Wallpad is a central device that can control a variety of home products, including lights, thermostats, home alarms, digital door locks, door cameras and more, making it simple to manage your home all in one place.
“We’re so excited to partner with COMMAX and showcase our cutting edge work together,” said Probal Lala, CEO of Fluent.ai. “By offering offline solutions that are simultaneously noise robust and multilingual, we are helping pave the way for the future of smart home and speech technology.”
Fluent.ai’s proprietary technology addresses growing concerns of smart home tech “listening” to conversations when not being spoken to by offering an embedded solution that operates offline, so no data is ever stored. Beyond this, Fluent.ai’s embedded software solutions can be programmed to understand any existing language, accent, or combination of languages or accents. This enables any user to interact with their device in their native language and natural way of speaking. Fluent’s on-device voice commands can be extended through their Hybrid solution, which connects to a third-party voice assistant only when the user wants to ask a cloud-based query.
“We are thrilled to partner with Fluent.ai to bring our Wallpad to the next level for smart home technology,” said Paolo Byun, CEO of COMMAX. “Consumers want embedded voice solutions for their homes, and we are proud to offer this through innovative partnerships like ours with Fluent.ai.” COMMAX specializes in smart home technology, while leading global markets with advanced technical power and differentiated products spanning from intercoms, smart home systems to security solutions. The companies will jointly showcase at CES 2020 in Las Vegas (Commax Booth #40721).
Additional information about Fluent.ai can be found at https://www.fluent.ai/, and more on COMMAX at https://www.commax.com/eng/.
About Fluent.ai About COMMAX Media Contact
Fluent.ai Inc. is a privately held Canadian company that was founded in 2015. Its mission is to help everyone be understood by their technology. Through over seven years of research, the company developed a range of artificial intelligence (AI) voice interface software products to offer up to original equipment manufacturers (OEMs) and service providers. The products deliver unprecedented accuracy along with a highly customizable user experience with the goal of finally breaking the barriers to high adoption of voice user interface.
COMMAX Co., Ltd. is a global brand and leader in smart home technology and security. The company offers everything from smart locks to home IoT networks that are on the forefront of the industry. COMMAX works to provide a more advanced value of life and safety with smart home solutions spanning from home security to healthcare systems to eco-friendly energy management systems.
Laurel Pierce
Uproar PR for Fluent.ai
[email protected]
Artificial Intelligence
Estonia Strengthens Smart Mobility Networking and Strategic Partnerships in the Gulf
DUBAI, UAE, Sept. 23, 2024 /PRNewswire/ — Trade Estonia, part of Enterprise Estonia, is concluding its participation at the ITS World Congress 2024 in Dubai, further asserting its leadership in intelligent transport systems (ITS) and smart mobility. Estonia, known for being the first country to allow testing autonomous vehicles on public roads since 2017, showcased its innovative technologies that are setting new benchmarks in smart mobility and ITS.
At the exhibition, Trade Estonia displayed pioneering solutions, including Bamboo Apps’ cutting-edge dispatch system for autonomous shuttles, enabling remote monitoring of unmanned vehicles to enhance safety and efficiency. e-Pavement integrates sensors within road surfaces to improve safety and traffic management, while Auve Tech’s autonomous shuttles seamlessly integrate with public transport, offering efficient and eco-friendly urban mobility solutions. Metrosert is enhancing the precision of smart infrastructure, and Digilogistika Keskus is optimising logistics through advanced digital platforms, boosting supply chain efficiency in smart cities.
H.E. The Ambassador of Estonia to the UAE Maria Belovas stated, “Estonia’s footprint in integrating cutting-edge technology is pivotal in enhancing transportation safety, efficiency, and mobility. Our innovations are designed to meet the evolving needs of global smart cities and ensure a sustainable future for transportation.”
These advancements exemplify Estonia’s commitment to developing intelligent, sustainable, and efficient transport solutions that address both urban and rural mobility needs, and solidifying its global network.
In addition to presenting its technological progress at the ITS World Congress, Estonia focused on building meaningful connections and exploring new avenues for collaboration.
Forging Strategic Global Partnerships
Estonia is dedicated to expanding its international impact by building strategic partnerships, particularly in the Gulf region.
A recent networking event, hosted by H.E. The Ambassador of Finland, Ms. Tuula Yrjölä, and H.E. The Ambassador of Estonia, Ms. Maria Belovas, brought together Finnish and Estonian business delegations to cultivate global connections in smart mobility. The event also facilitated valuable discussions on future collaborations, reflecting Trade Estonia’s ongoing mission to support global innovation and sustainability in transport.
Ms. Maria Belovas highlighted the importance of these international connections in advancing the organisation’s strategic goals and enriching global collaborative efforts.
Building on this momentum, Trade Estonia is gearing up for its next significant engagement at GITEX Global 2024. This upcoming event will serve as a new stage for Estonia to underline their technological advancements and explore new avenues for collaboration with global technology leaders.
About Trade Estonia
Trade Estonia is part of Enterprise Estonia. As a state organisation, Trade Estonia helps Estonian companies to establish themselves in international markets. With a focus on future technologies and pioneering projects, Trade Estonia provides Estonian companies with access to market analysis and marketing strategies and creates the conditions for them to operate successfully on a global scale. Trade Estonia not only promotes the development of new business areas and the establishment of strategic partnerships, but also facilitates access to international networks, thus contributing to the global competitiveness of Estonian companies.
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Artificial Intelligence
Katch International and Keane MEA Release White Paper on the Evolution and Use of AI in the Hospitality Industry
The White Paper contains invaluable insights from experts on the utilisation and future of AI in the hospitality industry and comprises several interviews with the sector’s top players
DUBAI, UAE, Sept. 23, 2024 /PRNewswire/ — Leading up to Future Hospitality Summit 2024, Katch International and Keane unveil their informative White Paper on the evolving role of technology in the hospitality industry. Compiled over several months, it features expert insights from CEOs, industry leaders, and business owners, shedding light on how AI is revolutionising hospitality operations.
The report aims to clarify misunderstandings around AI and highlights the real value it can bring to the guest experience and operational efficiency. Collectively, the interviews reveal a clear ‘triad of intelligence’, where artificial intelligence, emotional intelligence, and relationship intelligence work together to drive successful investments.
AI is transforming how hotels and hospitality businesses operate, from enhancing guest experiences to optimising revenue management systems. The White Paper explores these advancements while addressing some of the critical issues that arise with the increasing adoption of AI, including data privacy, potential job displacement, and the risks of over-reliance on technology.
Containing insights from Amit Nayak, Vice President and Executive Board Member at HAMA MEA, Jonathan Worsley, Chairman & CEO of The Bench, Quentin Reyes, CEO of Hyperfusion, Othmane Zrikem, founding Partner at VDD.ai, Basma Elkhereiji, serial entrepreneur and owner of the Social Kitchen, John Losasso, CEO of FAS Hotels, Lokesh Kumar, VP of Development Middle East Minor Hotels, Khaled Sarhan, MD of Ishraqah Developments, and Nitin Thariyan, CEO of Lean on Data, amongst others, it focuses on the balance between automation and the human touch in hospitality.
Georgie Woollams, Founder and Managing Director of Katch International, said of the White Paper, ‘We are extremely pleased with the outcome of this White Paper, which has been an eye-opening experience with many valuable insights. The discussions have highlighted both the potential and limitations of AI in enhancing operations and driving investments in the industry.’
Kevin Doherty, Managing Director of Keane MEA, stated, ‘We sincerely thank the industry leaders who dedicated their time to our white paper. Their insights have been extremely thought-provoking, and we are confident they will enrich the ongoing dialogue on AI in hospitality at the upcoming FHS event and beyond.’
Click here to get your copy: https://thisiskeane.com/campaign/keane-x-katch-ai-hospitality-whitepaper/.
CONTACT:
Alankrita Singh, Senior PR Account Manager+971 4 243 [email protected]
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Artificial Intelligence
Enterprise Resource Planning (ERP) Market to Reach $117.09 Billion, Globally, by 2030 at 10.0% CAGR: Allied Market Research
PORTLAND, Ore., Sept. 23, 2024 /PRNewswire/ — The rise in the need for operational efficiency and transparency in business processes and the increase in demand for ERP software from small & medium enterprises boost the growth of the global market. In addition, the surge in adoption of cloud and mobile applications is positively impacting the growth of the market.
Allied Market Research published a report, titled, “Enterprise Resource Planning (ERP) Market by Component (Software and Services), Deployment Model On-premise, Cloud and Hybrid), Enterprise Size (Large Enterprises, Medium Enterprises, and Small Enterprises), Business Function (Finance, Human Resource (HR), Supply Chain, Customer Management, Inventory Management, Manufacturing Module, and Others) and Industry Vertical (Manufacturing, BFSI, Healthcare, Retail & Distribution, Government & Utilities, IT & Telecom, Construction, Aerospace & Defense and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030”. According to the report, the “enterprise resource planning (ERP) market” was valued at $43.72 billion in 2020, and is projected to reach $117.09 billion by 2030, growing at a CAGR of 10.0% from 2021 to 2030.
The rise in the need for operational efficiency and transparency in business processes and the increase in demand for ERP software from small & medium enterprises boost the growth of the global market. In addition, the surge in adoption of cloud and mobile applications is positively impacting the growth of the market. However, the availability of open-source ERP applications and the high implementation cost of ERP software technology hamper the growth of the ERP market. On the contrary, the rise in the application of ERP solutions in small & medium enterprises and the rapid transformation of modern business models are expected to offer remunerative opportunities for the expansion of the enterprise resource planning market during the forecast period.
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The software segment held the highest market share in 2020.
By component, the software segment dominated the market in 2020, The demand for ERP software surged as businesses across industries increasingly sought to streamline operations, integrate various business functions, and enhance decision-making through centralized data management. However, the services segment is expected to witness the largest CAGR of 10.7%, this growth is driven by the increasing need for consulting, customization, implementation, and ongoing support as businesses adopt more complex ERP systems. As organizations transition to cloud-based and AI-powered ERP solutions, they require professional services for seamless integration with existing systems, data migration, training, and system optimization.
The on-premise segment held the highest market share in 2020.
By deployment model, the on-premise segment accounted for the largest share in 2020. This dominance is attributed to several key factors. Many organizations, particularly those in regulated industries such as finance, healthcare, and manufacturing, prefer on-premise solutions due to their ability to provide greater control over data security and compliance. However, the cloud segment is expected to witness the largest CAGR of 11.6%. This anticipated growth is driven by several key factors. First, the increasing demand for flexibility and scalability in business operations has led many organizations to adopt cloud-based ERP solutions, which allow for easy updates and expansion without the need for significant hardware investments.
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Regional Insights: The North America region held the highest market share in 2020.
By region, the enterprise resource planning (ERP) market was dominated by North America in 2020. North America, particularly the United States, has a highly developed technological infrastructure and a strong presence of leading ERP vendors, which facilitates the adoption of advanced ERP solutions across various industries.
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Key Industry Developments
In July 2024, Eton Solutions launched an enterprise resource planning (ERP) platform – AtlasFive, for managing family offices in India.In July 2024, SAP and its partner SGN Software Pvt Ltd launched a flagship Cloud ERP offering designed for small and mid-sized organizations.In May 2024, Forterro launched Fortee, its entry-level cloud-based ERP solution. Fortee has been designed specifically for the needs of SME discrete manufacturers and industrial startups and is based on 15 years of cloud-ERP learning.AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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