Industry News

Absolutdata Announced Introduction of NAVIK AI

The new Artificial Intelligence operated platform provides sales and marketing support for non-technical staff

United States: Absolutdata (Analytics & Research firm) has announced the introduction of new Artificial Intelligence data driven engine platform, NAVIK AI. The new platform inculcates data analytics and technology to optimize the decision-making process without the need of data science team.

The NAVIK AI Platform develops an intelligent self-learning system that continuously gains knowledge from the business environment for improved decision making. NAVIK AI also provides marketing assistance through NAVIK MarketingAI for non-technical marketing staff. It also empowers NAVIK ConceptAI, which is an automated concept testing tool that enables product managers, brand managers as well as researchers to conduct their studies in more effective and frequent way.

TechSci Research depicts that with the adoption of AI platform at the organizational level, the decision-making process for the management team will be streamlined. Moreover, with the adaptation of AI technologies on a broader level the market for AI enabled systems is expected to grow in the forecast period.

According to recently released report by TechSci Research, “Global Artificial Intelligence Market By Application, By End User, By Region, Competition Forecast & Opportunities, 2012 – 2022”, the global market of artificial intelligence is anticipated to grow at a CAGR of over 60% during 2017 – 2022. On the basis of application, global artificial intelligence market has been broadly segmented into image recognition, natural language processing, speech recognition, gesture control & others. Among these categories, image recognition dominated global artificial intelligence market in 2016, and the segment is expected to maintain its dominance over the next five years as well.

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