LOS ANGELES, June 26, 2024 (GLOBE NEWSWIRE) — AI Breakthrough, the leading market intelligence organization recognizing the top companies, technologies and products in the global artificial intelligence (AI) market, today announced that MarketLogic Software, a market-leading SaaS provider of insight management solutions, has been named the winner of the “Best Text Generation AI Solution” award in its seventh annual AI Breakthrough Awards program.
The 2024 AI Breakthrough Award recognizes the breakthrough innovation of Market Logic's DeepSights™ solution, a purpose-built generative AI platform trained to answer market research and consumer insight business questions for decision makers across the enterprise.
DeepSights™ allows business stakeholders to easily self-provide insights to get concise answers to questions through powerful AI and an intuitive interface, as well as generate reports on demand. The solution ensures that only relevant information is extracted, avoiding the common problem of “hallucinating” data, resulting in a higher level of accuracy.
DeepSights™ is specially trained to understand the market and consumer insights stored in an organization's vast knowledge base. It extends the accessibility and usability of valuable research and overcomes the common problem of siloed data. DeepSights™ can also connect to trusted subscription data partners and public news feeds to enrich your knowledge ecosystem. The solution extracts findings from these assets and delivers key insights that can be used to answer business questions.
“We are honored to receive this recognition from AI Breakthrough,” said Olaf Lenzman, Chief Innovation & Product Officer at Market Logic. “DeepSights' groundbreaking capabilities break down the barriers that prevent businesses from acting quickly and at scale, opening the door for businesses to make interactive, insight-driven decisions 24/7. We look forward to continually improving the solution's usability and impact.”
The AI Breakthrough Awards' mission is to celebrate excellence and recognize innovation, effort, and success in a variety of categories related to AI and machine learning, including generative AI, computer vision, AIOps, deep learning, robotics, natural language processing, and industry-specific AI applications. This year's program received more than 5,000 nominations from more than 20 countries around the world.
“DeepSights provides a single entry point into consumer and market insights for the enterprise and is the only solution that addresses the needs of today's market and consumer insights teams, who need to answer more business questions using more data sources, in less time and with less resources,” said Steve Johansson, Managing Director at AI Breakthrough. “DeepSights redefines how insights flow within organizations, deepening customer and market understanding, freeing up valuable time for insights teams, and democratizing knowledge across the enterprise. We're pleased to award Market Logic the 'Best Text Generation AI Solution.'”
About AI Breakthrough
The AI Breakthrough Awards program is part of Tech Breakthrough, the leading market intelligence and awards platform for global technology innovation and leadership, dedicated to celebrating excellence in artificial intelligence technologies, services, companies and products. The AI Breakthrough Awards publicly recognize the achievements of AI companies and products in categories including generative AI, machine learning, AI platforms, robotics, business intelligence, AI hardware and computer vision. For more information, visit AIBreakthroughAwards.com.
Tech Breakthrough LLC does not endorse any vendor, product, or service featured in our awards program, nor does it advise technology users to select only vendors that have received an award designation. Tech Breakthrough LLC awards are based on the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, express or implied, with respect to this awards program, including any warranties of merchantability or fitness for a particular purpose.
About MarketLogic Software
Market Logic is a market-leading SaaS provider of insight management solutions. Our AI-enabled insight management platform enables insight teams to deliver trusted insights to business decision makers at scale, quickly. Since 2006, we have helped hundreds of consumer-focused brands around the world transform into insight-driven businesses. Market leaders such as Unilever, Vodafone, Dyson and Tesco rely on Market Logic to drive innovation and make smarter market moves.
Detail is https://marketlogicsoftware.com/
