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The global natural language processing (NLP) market (henceforth, referred to as the market studied) was valued at USD 13. 16 billion in 2020, and it is expected to be worth USD 42. 04 billion by 2026, registering a CAGR of 21.New York, March 05, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Natural Language Processing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" - https://www.reportlinker.com/p06030475/?utm_source=GNW 5% during 2021-2026 (henceforth, referred to as the forecast period). It is expected that 85% of business engagement will be done without human interaction over the forecast period. Also, by 2020, it is estimated that Chatbots will save over USD 8 billion dollars to organizations globally. Many industry experts are also claiming that 25% of all enterprises will incorporate a chatbot or virtual customer assistant utilizing NLP technologies into their customer services by the end of 2020.- Vanguard piloted an intelligent agent that helps its customer service staff answer the frequently asked questions. It plans to eventually allow customers to engage with the cognitive agent directly, rather than with the human customer-service agents.- Furthermore, Financial institutions are utilizing NLP for various text mining, cross-border payments, foreign exchange, and many other applications. For instance, Citibank is using NLP for text mining and in biometric security applications. Text analytics is also helping in compliance and fraud prevention. For instance, electronic communications in banking(chats, emails, and instant messages) need to be monitored to reduce the risk of fraudulent account activities, external business activities, and sharing sensitive customer information.- The United Services Automobile Association, collaborated with IBM Global Services for developing text analytics solution for detecting fake insurance claims. US-based startup, VoiceBase also started offering Text Analytics functionality in parallel with voice data.- Due to the ongoing Covid-19 pandemic the market is witnessing growth in healthcare sector. For instance, In response to the COVID-19 pandemic, the White House and a coalition of leading research groups have prepared the COVID-19 Open Research Dataset (CORD-19). CORD-19 is a resource of over 200,000 scholarly articles, including over 100,000 with full text, about COVID-19, SARS-CoV-2, and related coronaviruses. This freely available dataset is provided to the global research community to apply recent advances in natural language processing and other AI techniques to generate new insights in support of the ongoing fight against this infectious disease. Such developments are further expected to drive the growth of the market during the forecast period.Key Market TrendsLarge Organizations are Expected to Register a Significant Growth- Large organizations are one of the primary drivers and investors in the NLP market. As these organizations are increasingly adopting deep learning, along with supervised and unsupervised machine learning technologies for various applications, the adoption of NLP is likely to increase. Cost and risk are some of the major factors driving the adoption of these technologies among large organizations.- Additionally, many small enterprises are dependent on large enterprises. This is due to some of the broad platform offerings from Amazon, Google, or Microsoft that are way too general, wherein, they still may be used in the industry verticals.- Most of the large end-user organizations across various industries are mainly utilizing these technologies to enhance their internal and external operations. Moreover, the ROI of the technology is not always in the monetary form, hence, most of the small organizations find it risky to invest in.- Moreover, Social media companies are also utilizing text analytics and NLP technologies for monitoring and tracking social media activities, such as political reviews and hate speeches. Platforms like Facebook and twitter are managing the published content with the help of these tools. The demand for information extraction product application is also anticipated to increase due to the growing importance of the web data for effective marketing and decision-making. Within the next few years, mobile chatbots are anticipated to revolutionize the marketing and commerce sectors.- Many big European retailers harnessed the power of NLP and text mining, for customer feedback sentiment analysis and hired a dedicated AI development team in Ukraine to build a solution. By integrating the sentiment analysis tool into their processes, these retailers increase customer loyalty, drive business changes, and achieve an appropriate return on sales and marketing investments.North America to Witness the Highest Market Growth- According to RichRelevance, online shoppers in the United States are more inclined to use Google Assistant than the other platforms. Additionally, the utilization of smart speakers to obtain results on diverse topics is gaining increasing popularity, which, in turn, is expected to compel the companies to invest in the technology. This creates an immense opportunity for other application developers to target potential customers.- NLP may also enhance the customer experience programs with various added benefits, thereby attracting more consumers, which, in turn, is projected to have a positive impact on the market growth in the country. The growing innovations in the market studied, by the global players based in the United States, are bringing advancement into the NLP market and fueling the rate of product launch in the region.- For instance, IBM Research AI is exploring various applications of NLP for enterprise domains. For this, the company developed three programs, the first being advance AI where systems can learn from fewer amounts of data, leverage external knowledge, and use techniques that include neurosymbolic approaches to language, which combine neural and symbolic processing. The second program is an analyzing AI, which focuses on how a system reaches a decision. The third is scaling AI, which enables continuous adaptation, and better monitoring and testing of systems, in order to support the deployment of language systems under the rigorous expectations of enterprises.- In September 2019, NeuralMetrics Inc., a US company, announced the commercialization of its SmartRatio SaaS platform. It uses NLP and machine learning to extract actionable insights from hard-to-access and unstructured public data for better decision making, with increased revenues. The company’s platform is currently live in production environments with several commercial lines that P&C insures.Competitive LandscapeThe natural language processing market is highly competitive and consists of several major players who have been trying to gain larger shares. These major players with prominent shares in the market have been focusing on expanding their customer base across foreign countries and are also providing new innovative solutions, along with deals and mergers to increase their market shares and profitability. Key players include Google Inc. and Microsoft Corporation, among others. The recent developments in the market include- January 2020 - NetBase announced the merger with Quid, which is one of the prominent companies in AI-driven text analytics. As a result of this merger, the combined company will have an enhanced portfolio in the next generation consumer and market intelligence solution. The merged company will deliver contextual insights that reveal business trends across all forms of structured and unstructured data.- January 2020 - The Royal Wolverhampton NHS Trust and Babylon entered a 10-year partnership to create an integrated digital health system to serve the Wolverhampton city’s population. Babylon’s Artificial Intelligence will help to provide live monitoring of patients with chronic conditions, and personalized care plans.Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- 3 months of analyst supportRead the full report: https://www.reportlinker.com/p06030475/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001
Tech & Learning Remote Learning Award Winner Austin, Texas, March 05, 2021 (GLOBE NEWSWIRE) -- Lightspeed Systems®, the leading K-12 online safety and effectiveness solutions provider, has been awarded in Tech & Learning’s 2021 Best Remote & Blended Learning Tools for both Lightspeed Analytics™ and Lightspeed Alert™. Both Lightspeed products received recognition in the Primary (K-6) and Secondary (6-12) categories. “Despite the many challenges schools have had to face this past year, technology continues to be one of the key drivers for innovation,” says Tech & Learning Group Publisher Christine Weiser. “The winning products recognized here have supported continuous instruction throughout the pandemic, and we expect this momentum to continue into next year and beyond.” With students learning primarily off campus on school-owned devices, schools faced huge challenges in visibility gaps into online learning, online student safety, and ensuring mental health and well-being of students. Lightspeed Analytics provides the visibility and oversight into remote learning through online software and application consumption to help schools track engagement through activity, drive effective use of tools, optimize ROI, and maintain data privacy compliance. Lightspeed Alert scans virtually everywhere students interact online for indicators of suicide, self-harm, and school violence to provide real-time reports and activity logs to designated school staff for timely intervention. “We’re thrilled to be recognized with Tech & Learning’s Best Remote & Blended Learning Tools award,” shared Carson McMillan, CTO at Lightspeed Systems. “We’ve remained committed to the continuous innovation needed for our school partners to keep learning effective and safe, and we’re honored to be recognized for the work and solutions we’ve provided.” About Lightspeed Systems With over 20 years providing technology to meet the needs of schools, Lightspeed Systems is the market leader in online student safety and effectiveness. The purpose-built Lightspeed ecosystem of cloud-based solutions – tailored to meet today’s evolving challenges – provides schools worldwide with reliable filtering, safety, analytics, and device management tools for school leaders and educators. Lightspeed Systems is a proven partner for schools, serving over 20 million students in 38 countries and 28,000 schools globally, including 6,500 school districts in the United States. To learn more, visit www.lightspeedsystems.com. Attachment TLA.0022_social winner Twitter CONTACT: Ida Yenney KCPR for Lightspeed Systems email@example.com
Nigeria, Kenya and Rwanda started inoculating frontline healthcare workers and vulnerable citizens against COVID-19 on Friday as Africa, the world's poorest continent and home to 1.3 billion people, stepped up its vaccination campaigns. While some wealthy Western nations have already inoculated millions of people, many African states have struggled to secure doses and have yet to administer a single shot. But the global vaccine-sharing COVAX facility, co-led by the World Health Organization (WHO), the GAVI vaccine alliance and others, has begun to bear fruit in nations from Ghana to Rwanda.
Julia Roberts has been a Dr. Anthony Fauci advocate for some time now. On Thursday, Roberts mentioned her family has been profoundly inspired by the doctor’s work with the COVID-19 and HIV viruses, presenting Fauci with amfAR’s Award of Courage for 2021. “Your calm and your reassurance have been something that left an indelible mark […]
The 2021 world women's curling championship is back on the calendar. The event has been added to the list of bonspiels that will be held in the Calgary bubble at the Markin MacPhail Centre. Competition is set for April 30-May 9, the World Curling Federation said Friday in a release. The world championship was originally scheduled to be held March 19-28 in Schaffhausen, Switzerland. That plan was scrubbed last month after Swiss health authorities declined to provide permission due to COVID-19 concerns. The Canadian women's curling championship kicked off play last month in a spectator-free, controlled environment at WinSport Arena on the grounds of Canada Olympic Park. Kerri Einarson's Manitoba-based team repeated as Scotties Tournament of Hearts champions and will represent Canada at the world championship. The addition of the WCF event brings the list of curling bubble events to seven. The Canadian men's championship was set to begin Friday night and run through March 14. The Tim Hortons Brier will be followed by the March 18-25 Canadian mixed doubles playdowns, the April 2-11 men's world championship and two Grand Slam events. Many top international women's teams will already be in Calgary ahead of the worlds to play in the Slams. The Champions Cup is set for April 14-18 and the Players' Championship will be played April 20-25. The world women's championship serves as the main qualifier for the 2022 Beijing Olympics. The top six finishers will earn berths for their countries at the Games. The 14-team field includes host Canada, China, the Czech Republic, Denmark, Estonia, Germany, Italy, Japan, South Korea, Russia, Scotland, Sweden, the U.S., and defending champion Switzerland. "We are delighted to have reached an agreement to hold the LGT world women's curling championship in the Calgary bubble," WCF president Kate Caithness said in a statement. "This is a vitally important championship for Olympic qualification. "We are extremely grateful to Curling Canada and all our stakeholders for their willingness to work together, and at such short notice, to ensure that qualification for Beijing 2022 happens on the ice and in competition." Einarson's team defeated Ontario's Rachel Homan to win the Hearts title last Sunday. It was a rematch of the 2020 final. Einarson was denied the opportunity to play at last year's world championship in Prince George, B.C., after that event was cancelled last March. "The protocols that have been in place for the early events in Calgary have proved successful in keeping athletes, officials and the host city safe, so we feel good about this plan carrying on successfully through to the end of the LGT world women’s curling championship," said Curling Canada CEO Katherine Henderson. "Our board of governors has been truly supportive of our plans from Day 1 as we started down this road, and then as this late situation presented itself, they again stood behind us. It is a result of the positive relationships between our board and the World Curling Federation that we have been entrusted with this opportunity." Einarson was guaranteed the Canadian spot if the 2021 world championship was rescheduled for this season. If the event was pushed to the 2021-22 campaign, Curling Canada said the Hearts winner would be "factored in" to the representation decision. The Canadian Olympic Trials will be held Nov. 20-28 in Saskatoon. A last-chance WCF qualifier is planned for December to fill out the 10-country field for Beijing next February. The WCF also changed the dates for the world mixed doubles championship — also an Olympic qualifier — on Friday. Originally set for April 24-May 1, it will now be played from May 16-23. An announcement on a host city will be made at a later date, the WCF said. This report by The Canadian Press was first published March 5, 2021. Follow @GregoryStrongCP on Twitter. Gregory Strong, The Canadian Press
FIFA president Gianni Infantino defended his work with Saudi Arabia on Friday, and dismissed calls from Norway to boycott the 2022 World Cup in Qatar over human rights concerns. Infantino’s comments came in a first online news conference with international media in Europe since his two-day visit to Saudi Arabia in January. Then, the leader of world soccer had his latest meeting with Mohammed bin Salman, the kingdom’s crown prince who was linked last month in a declassified U.S. intelligence report to ordering the 2018 killing of a Saudi journalist.
A former State Department aide in President Donald Trump's administration has been charged with participating in the deadly siege at the Capitol and assaulting officers who were trying to guard the building, court papers show. It’s the first known case to be brought against a Trump appointee in the Jan. 6 insurrection, which led to Trump's historic second impeachment. Federico Klein, who also worked for Trump's 2016 campaign, was seen wearing a “Make America Great Again" hat amid the throng of people in a tunnel trying to force their way into the Capitol on Jan. 6, the papers say. Klein pushed his way toward the doors, where, authorities say, “he physically and verbally engaged" with officers trying to keep the mob back. Klein was seen on camera violently shoving a riot shield into an officer and inciting the crowd as it tried to storm past the police line, shouting, “We need fresh people, we need fresh people,” according to the charging documents. As the mob struggled with police in the tunnel, Klein pushed the riot shield, which had been stolen from an officer, in between the Capitol doors, preventing police from closing them, authorities say. Eventually, an officer used chemical spray, forcing Klein to move somewhere else, officials say. Klein was arrested Thursday in Virginia and faces charges including obstructing Congress and assaulting officers using a dangerous weapon. He was in custody on Friday and couldn’t be reached for comment. It was not immediately clear whether he had an attorney who could comment on his behalf. A Trump spokesman said he had no comment. At least five people, including a Capitol Police officer, died as a result of the violence, and two other officers killed themselves after. More than 300 people have been charged with federal crimes. Klein became a staff assistant in the State Department shortly after Trump's inauguration in 2017, according to a financial disclosure report. He held a top secret security clearance that was renewed in 2019, according to the court papers. He resigned from his position on Jan. 19, the day before Joe Biden was sworn in as president, authorities said. One of Klein's State Department coworkers helped authorities identify him, officials said. A Department of State diplomatic security special agent interviewed by an FBI agent said that Klein worked in the Office of Brazilian and Southern Cone Affairs, according to the court papers. The Department of State official identified Klein in photos and video shown by the FBI, officials said. Alanna Durkin Richer, The Associated Press
LONDON — British Prime Minister Boris Johnson’s government is facing criticism for spending 2.6 million pounds ($3.6 million) to renovate part of a government building for televised media briefings that have yet to take place. The cost of the work at 9 Downing St., two doors from the prime minister’s residence, was reported Friday by the Press Association news agency after it filed a freedom of information request. The government said the expenses included “audio-visual equipment, internet infrastructure, electrical works and lighting.” It said the spending was in the public interest because the broadcasts “will increase public accountability and transparency about the work of this government now and in the future.” The opposition Labour Party accused the government of spending money on “vanity projects” when health care workers, who have endured a year of pandemic, have been told they will get a 1% pay raise. Johnson’s Conservative government announced plans in July to shake up its political communications by holding White House-style televised briefings. For years political journalists have been briefed on the record, but off camera, by government spokespeople. Johnson said the format would allow the government to have more “direct engagement” with the public. Former journalist Allegra Stratton was hired as the prime minister’s press secretary to deliver the briefings, but their start date has been repeatedly delayed because of the coronavirus pandemic. The Associated Press
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Rebel leader Netra Bikram Chand, who is better known by his guerrilla name Biplav, emerged out of hiding on Friday after the government lifted a ban on his Nepal Communist Party group so it could take part in the public signing of the peace agreement.
Neighbours near Chinese takeaway ‘saw a lot of blood’
The "North America Fructose Market By Product (High Fructose Corn Syrup, Fructose Syrups and Fructose Solids), By Application (Beverage, Processed Foods, Dairy Products, Bakery & Cereals, Confectionary and Other Applications), By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
New York City, the nation’s leading movie market along with still-shuttered Los Angeles, springs back to life Friday after being flattened by Covid-19 for nearly a year. A pulse was detected in advance ticket sales with a handful of shows selling out at AMC Entertainment’s flagship Empire 25 theater in Times Square including a 4:30 […]
Jürgen Klopp must solve a tricky and trippy Mersey-infused poserSign up now! Sign up now! Sign up now? Sign up now! Oh Liverpool! Photograph: Laurence Griffiths/PA
Termination letters for four Fort Worth police officers who were fired within a month of each other reveal more details about what caused Chief Neil Noakes to let each person go.
The health ministry said that Kerala, UP, West Bengal, Chhattisgarh and Tamil Nadu are the top five states showing a decline in active cases in the last one month, while Maharashtra, Punjab, MP, Haryana and Delhi are the top states showing a rise in active cases