Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

USA Natural Language Processing (NLP) Market to Garner a Revenue of USD 34251.7 Million by 2030; Rising Need Amongst Businesses to Enhance Customer Support Experiences to Boost Market Growth

Published

on

New York, Jan. 07, 2022 (GLOBE NEWSWIRE) — According to the statistics by the United States Census Bureau, the total number of firms and establishments recorded in the U.S. in the year 2018 was 6075937 and 7912405 respectively. On the other hand, according to the statistics by the Consumer Financial Protection Bureau (CFPB) of the Government of the United States, in the year 2020, the Bureau received close to 542300 consumer complaints, of which, around 89% of the complaints were received through the website and 5% through the toll-free telephone number of CFPB.

Kenneth Research has recently published a report titled “USA Natural Language Processing (NLP) Market” which includes detailed insights on the players operating in the market, along with their growth strategies and analysis of the product portfolio. Besides this, the impact of COVID-19 on the growth of the market in the coming years has also been studied in the report. The report also focuses on the latest market trends, along with the growth opportunities, and the growth factors for the market.

With the growing number of businesses in the United States, the need for enhanced customer service is also increasing amongst these businesses. Backed by the surge in the number of internet users in the nation, which recorded close to 300 Million by the end of 2020, it has been observed that customers often raise complaints using mobile applications or through web portals directly. As a result, there is a growing need amongst businesses to adopt natural language processing (NLP) applications to help computers understand, interpret and manipulate human language, and ultimately help businesses in providing a greater customer support experience.

Get Sample Copy of This Report @ https://www.kennethresearch.com/sample-request-10352260

The USA natural language processing (NLP) market registered a revenue of USD 3177.9 Million in the year 2020 and is further expected to reach a revenue of USD 34251.7 Million by the end of 2030, by growing with a CAGR of 27.54% during the forecast period, i.e., 2021-2030. Moreover, the market in the year 2030 is projected to witness a Y-O-Y growth of 32.5% as compared to the previous year. NLP is widely adopted by different end-use industries owing to the affordability, scalability, and high computational power properties of the technology. It helps businesses to enhance their operational efficiency and also lower operational expenditure. Apart from this, the growing advancements in the field of artificial intelligence and machine learning, along with growing digitization and advancement in deep learning and text analytics are some of the additional factors anticipated to accelerate the market growth in the coming years.

The USA natural language processing (NLP) market is segmented by type into rule-based, statistical, and hybrid. Amongst these segments, the statistical segment generated the largest revenue of USD 1550.1 Million in the year 2020 and is further expected to touch USD 17291.7 Million by the end of 2030. Moreover, the hybrid segment is anticipated to grow with the highest CAGR of 28.69% during the forecast period.

The USA natural language processing (NLP) market is further segmented by language into English, Japanese, Spanish, and other languages. Amongst these segments, the English language segment is anticipated to garner the largest revenue of USD 28964.9 Million by the end of 2030, up from a revenue of USD 2602.9 Million in the year 2020. The segment is also anticipated to grow with the highest CAGR of 27.95% during the forecast period.

Browse to access In-depth research report on USA Natural Language Processing (NLP) Market with detailed charts and figures: https://www.kennethresearch.com/report-details/usa-natural-language-processing-nlp-market/10352260

The USA natural language processing (NLP) market is also segmented on the basis of component, deployment, enterprise size, application, and by end-use industry.

USA Natural Language Processing (NLP) Market, Segmentation by Component

  • Hardware
  • Solutions
    • Platform
    • Software Tools
  • Services
    • Professional Services
    • Managed Services

USA Natural Language Processing (NLP) Market, Segmentation by Deployment

  • On-Premise
  • Cloud

USA Natural Language Processing (NLP) Market, Segmentation by Enterprise Size

  • Small & Medium-Sized Enterprises (SMEs)
  • Large Enterprises

USA Natural Language Processing (NLP) Market, Segmentation by Application

  • Sentiment Analysis
  • Data Extraction
  • Risk and Threat Detection
  • Automatic Summarization
  • Content Management
  • Language Scoring
  • Others

USA Natural Language Processing (NLP) Market, Segmentation by End-Use Industry

  • Education
  • BFSI
  • Healthcare
  • IT and Telecom
  • Retail
  • Manufacturing
  • Media and Entertainment
  • Others

Enquiry before Buying This Report @ https://www.kennethresearch.com/sample-request-10352260

Some of the prominent industry leaders in the USA natural language processing (NLP) market that are included in our report are Microsoft Corporation, Amazon.com, Inc., Alphabet Inc., Intel Corporation, NVIDIA Corporation, IBM Corporation, Micro Focus International plc, SAS Institute Inc., TaskUs, Inc., Netomi, AG Labs, Inc., Mynd Integrated Solutions, Cogito Tech LLC, and others.

Browse More Related Report:

Open Radio Access Network (O-RAN) Market Segmentation by Component (Hardware, Software, and Services); by Connectivity Technology (4G LTE, and 5G); by Deployment Location (Urban and Rural) and by End-Use Vertical (Automotive, Industrial, Public Infrastructure, Healthcare, Aerospace & Defense, Media & Entertainment, Financial Services, and Others)-Global Demand Analysis & Opportunity Outlook 2020-2028

Global Security Information and Event Management Market Size study, by Component (Solution and Services), Deployment Mode (Cloud and On-Premises), by Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), by Application (Log Management and Reporting, Threat Intelligence, Security Analytics and Others), by Vertical (Finance and Insurance and Healthcare and Social Assistance) and Regional Forecasts 2020-2026

Global Physical Identity and Access Management Market Size study, by Component (Software and Service), by Service (Consulting, Implementation & Integration and Maintenance & Support), by Organization Size (Small & Medium-Sized Enterprises and Large Enterprises), by Vertical (Government & Defense, Energy & Utilities, Information Technology & IT-Enabled Services, Telecom, Banking, Financial Services and Insurance, Healthcare, Education, Transportation and Others) and Regional Forecasts 2020-2026

Global Gamification Market Size study, by Component (Solution and Services), Deployment (Cloud and On-Premises), by Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), by Vertical (Education, Healthcare, Banking, Financial Services, and Insurance, Retail, Manufacturing, Media And Entertainment, Telecom, IT and ITES, Hospitality and OTHERS), by End-User (Enterprise-Driven and Consumer-Driven), by Application (Marketing, Sales, Support, Product Development, Human Resource

Global Enterprise Information Archiving Market Size study, by Type (Content Types and Services), Deployment Mode (Cloud and On-Premises), by Enterprise Size (Small and Medium-Sized Enterprises and Large Enterprises), by Vertical (Government and Defense, Banking, Financial Services and Insurance, Retail and Ecommerce, Education and Research, Healthcare and Pharmaceutical, Manufacturing, Media and Entertainment, IT and Telecommunications and Others) and Regional Forecasts 2020-2026

About Kenneth Research

Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact for more Info:

AJ Daniel

Email: [email protected]

U.S. Phone: +1 313 462 0609

Web: https://www.kennethresearch.com/

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms

Published

on

enghouse-video-partners-with-sonifi-health-to-deliver-advanced-telehealth-solutions-in-hospital-rooms

MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.

SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/enghouse-video-partners-with-sonifi-health-to-deliver-advanced-telehealth-solutions-in-hospital-rooms-302126882.html

Continue Reading

Artificial Intelligence

Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow

Published

on

global-insurance-provider-selects-3clogic-to-streamline-ai-and-contact-center-capabilities-with-servicenow

Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.

Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
Logo – https://mma.prnewswire.com/media/2318845/3CLogic_logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/global-insurance-provider-selects-3clogic-to-streamline-ai-and-contact-center-capabilities-with-servicenow-302127739.html

Continue Reading

Artificial Intelligence

ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO

Published

on

screenpoint-medical-leadership-transition:-pieter-kroese-confirmed-as-ceo

Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.

 
 
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.” 
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
Photo: https://mma.prnewswire.com/media/2397831/Pieter_Kroese_CEO_ScreenPoint_Medical.jpgLogo: https://mma.prnewswire.com/media/1582198/ScreenPoint_Medical_Logo.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/screenpoint-medical-leadership-transition-pieter-kroese-confirmed-as-ceo-302127719.html

Continue Reading

Trending