Conversational AI Platform Market Growth to be fuelled by Advancements in Technology 2020-2025 | International Company's - IBM, Avaamo, Just AI, LivePerson, Kasisto, Georgian Partners

BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as "Global Conversational AI Platform Market" Research Report 2020 provides an in-depth analysis of the Conversational AI Platform with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Conversational AI Platform on the basis of a number of criteria, such as the product type, application, and its geographical presence.

Global Conversational AI Platform Market Overview:

The Global Conversational AI Platform Market research report is the investigation arranged by investigators, which contain a point by point examination of drivers, limitations, and openings alongside their effect on the Conversational AI Platform Market development (2020 - 2025).

Some of the most important key factors driving the growth of the Global Conversational AI Platform Market are rapid growth in demand for AI-powered customer support services, omni-channel deployment, and reduced chatbot development cost. Conversational AI plays a crucial role in personal assistant. Personal assistants can comprehend open conversations while contextualizing them to a case or scenario. Enterprises are leveraging AI technology by utilizing a combination of ML and NLU, which enables the assistants to be trained with industry-specific knowledge and unique business data for an accelerated time to market.

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The Global Conversational AI Platform Market is segmented on the basis of Type, Application and Region. Conversational AI Platform market is cover distinctive segment market estimate, both volume and value, also cover diverse businesses customers' data, which is imperative for the makers.

Based on the Type, the Global Conversational AI Platform Market is sub-segmented into Web-Based, Installed, iOS, Android and others. On the basis of Application, the Global Conversational AI Platform Market is classified into Personal Use, Business Use and others.

Global Technology Industry News:

IBM (April 09, 2020) - Prysmian Group Selects IBM To Help Accelerate Digital Transformation With Adoption of IBM Cloud - Prysmian Group, a global leader in the energy and telecom cable systems industry and the largest manufacturer of cables in the world, has selected IBM Services to help expand and manage its global technological infrastructure. The three-year agreement engagement is designed to addresses Prysmian's need to better integrate their presence in 50 countries around the world. Managed by IBM Services, Prysmian will integrate its IT infrastructure with IBM Cloud and adopt a hybrid cloud strategy.

With the acquisition of American cable manufacturing company, General Cable, in 2018, Prysmian Group has made it a priority to fully integrate the information systems of the two companies, to support flexible, efficient and secure digitization of processes and products that drive the international growth of the business. As part of this effort, Prysmian Group will migrate its SAP workloads to IBM Cloud to leverage higher value technology, including AI, IoT and human augmentation. The agreement with IBM also includes services for the management of the global Prysmian IT environment. With the new infrastructure in place Prysmian Group anticipates high levels of service in terms of availability and reliability, as well as enterprise-grade security.

IBM will provide and manage a modern IT infrastructure with a global delivery model and service levels. Under the agreement, IBM Services will also manage the integration of the existing legacy IT infrastructures and move Prysmian Group's SAP S/4HANA, the company's ERP platform, onto SAP certified physical and virtual appliances on IBM Cloud to further support its digital business transformation.