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The Business Intelligence Group has just announced the winners of its highly anticipated Artificial Intelligence Excellence Awards program. The program recognizes those organizations, products, and individuals who are applying Artificial Intelligence (AI) to real-world problems, and bringing this technology to life.   Artificial Intelligence Excellence Awards program 2023 According to Maria Jimenez, chief nominations officer for the Business Intelligence Group, "Artificial Intelligence is now playing a more important role in our lives." This statement reflects the growing significance of AI in our modern world, where businesses are increasingly relying on advanced technologies to improve their operations and meet customer demands.   The winners of this year's AI Excellence Awards are an impressive group of companies who have demonstrated exceptional creativity and hard work in their application of AI. These organizations have used AI to tackle a wide range of challe...

As per the enterprise artificial intelligence market forecast, the market is expected to grow to $58.25 billion in 2027 at a CAGR of 41.0%. This growth can be attributed to the increasing adoption of AI in the enterprise sector. With the rise of digital transformation, businesses are increasingly relying on artificial intelligence to automate tasks, improve data-driven decision-making, and produce better insights. The global artificial intelligence (AI) market size Technological advancements are a key trend gaining popularity in the enterprise artificial intelligence market. Major companies operating in the enterprise artificial intelligence market are focused on developing new technological solutions to reinforce their position. This trend is expected to drive the growth of the market in the coming years. The enterprise artificial intelligence market can be segmented based on component, technology, deployment type, appl...

Artificial intelligence (AI) is no longer a buzzword. It has become a vital part of our lives, from voice assistants on our smartphones to self-driving cars. As a result, the race to dominate the AI industry has intensified, with companies and countries investing heavily in research and development to secure a competitive edge. One measure of success in this race is the number of world-class patents filed in the field of AI. The United States is undoubtedly a leader in this area, with American companies owning 60% of all world-class AI patents. Microsoft, Alphabet (Google's parent company), and Apple are among the dominant players, with Microsoft holding the top spot with 1339 first-class AI patents. The State of AI Patents: Is the US Ahead of the Game However, this does not necessarily mean that Europe and China are lagging behind. In recent years, both regions have made significant strides in AI research and development, with notable players such as Siemens and Phi...