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AI Governance Market projected to reach $1,016 million by 2026, with a remarkable CAGR of 65.5% iCrowd Newswire According to a new market research report AI Governance Market by Component (Solutions (Platforms And Software Tools) and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare and Life Sciences, Government and Defense, and Automotive), and Region - Global Forecast to 2026″, published by MarketsandMarkets, the Market size to grow from USD 50 million in 2020 to USD 1,016 million by 2026, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. Various factors such as increase in government initiatives to leverage the AI technology, rise in need for building trust in AI systems and growth in demand for transparency in AI decisions, and growth in regulatory compliances around the technology are expected to drive the adoption of the AI governance solutions and services. ....
Share this article Share this article SAN FRANCISCO, May 5, 2021 /PRNewswire/ Kyndi, Inc., an industry leader in delivering next-generation AI solutions for business users, announced today a game-changing intelligent search product powered by its proprietary cloud AI platform. The new Spring 2021 release of Kyndi Cognitive Search Platform is designed to understand the true intent of a business user inquiry against documents, emails, manuals, or other forms of textual data to return contextually relevant answers. Providing dramatic time and cost-savings for companies accustomed to needing long and expensive machine learning cycles to train models on business-specific language, the Kyndi platform can easily interpret industry-specific terminology, acronyms and synonyms without any data training or AI skills. According to Ryan Welsh, CEO and founder of Kyndi, Inc., Unlike traditional AI search tools that aren t intuitive and provide only limited, keyword-based results, th ....
AI Governance Market worth $1,016 million by 2026 - Exclusive Report by MarketsandMarkets CHICAGO, March 12, 2021 /PRNewswire/ According to a new market research report AI Governance Market by Component (Solutions (Platforms And Software Tools) and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare and Life Sciences, Government and Defense, and Automotive), and Region - Global Forecast to 2026 , published by MarketsandMarkets, the global AI Governance Market size to grow from USD 50 million in 2020 to USD 1,016 million by 2026, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. Various factors such as increase in government initiatives to leverage the AI technology, rise in need for building trust in AI systems and growth in demand for transparency in AI decisions, and growth in regulatory compliances around the technology are expected to drive the adoption of the AI governance solutions and services. ....