EQS-News

ALSO launches Marketplace Platform for Artificial Intelligence

EQS Group-News: ALSO Holding AG / Key word(s): Product Launch ALSO launches Marketplace Platform for Artificial Intelligence 22.09.2020 / 08:30 Emmen, Switzerland, 22. September 2020 MEDIA RELEASE   ALSO launches Marketplace Platform for Artificial Intelligence Based on the technology of ALSO's Cloud Marketplace, the company is launching a new Artificial Intelligence (AI) Marketplace Platform as the latest component of its ecosystem. It will bring together technologies, products and services from leading AI vendors with ALSO's network of experts, including solution architects, data scientists, and AI developers. Offers range from building blocks to fully managed services. Experts agree: AI offers impressive opportunities for society and businesses alike. Some European governments partnered with AI start-ups to monitor the outcomes of social distancing rules. Hospitals across Europe are using AI to speed up COVID-19 diagnosis and testing, provide automated remote consultations, and optimize capacity at hospitals. AI use cases include sales process recommendation and automation, digital assistance for knowledge worker, and cybersecurity threat intelligence. Some of the fastest growing use cases are automated human resources, IT automation and pharmaceutical research and discovery. The combination with applications like Robotic Process Automation (RPA) can be a game changer for manufacturing or administration, when it comes to repetitive, time-consuming or error-prone tasks. Experts predict the total addressable market for AI to more than double in the next four years, growing from 156.5 billion USD to more than 300 billion USD in 2024. ALSO has been applying Artificial Intelligence and RPA in its own organization and processes very successfully since 2017. Solutions are used to both identify process improvements and accelerate process execution by AI-enhanced Process Mining and Process Excellence Software. These digital enhancements support the company in servicing vendors, resellers and other business partners on a daily basis.