Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies
LOS ANGELES, Calif., June 26, 2024 – AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market, today announced that Market Logic Software, the market-leading SaaS provider of insight management solutions, has been selected as winner of the “Best Text Generative AI Solution” award in the 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 that is trained to answer business questions about market research and consumer insights for decision-makers across the enterprise.
With DeepSights™, business stakeholders can easily self-supply insights for concise answers to their questions through a powerful AI and intuitive interface, as well as generate reports on-demand. The solution reliably extracts only relevant information, avoiding the common issue of “hallucinations” to achieve a higher level of accuracy.
DeepSights™ is specifically trained to understand the market and consumer insights housed in vast organizational knowledge bases. This overcomes the common issue of siloed data by extending the accessibility and usability of valuable research. DeepSights™ can also be connected to trusted subscription data partners and public news feeds to enrich your knowledge ecosystem. The solution will then extract findings from these assets, delivering key insights that can be used to answer business questions.
“We’re honored to receive this recognition from AI Breakthrough,” said Olaf Lenzmann, Chief Innovation & Product Officer of Market Logic. “DeepSights’ game-changing capabilities break through the barriers commonly holding companies back from acting fast and at scale, and opens the door to interactive, insights-powered decision-making for businesses 24/7. We are looking forward to continuing to improve this solution’s usability and impact in the years to come.”
The mission of the AI Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of AI and machine learning related categories, including Generative AI, Computer Vision, AIOps, Deep Learning, Robotics, Natural Language Processing, industry specific AI applications and many more. This year’s program attracted more than 5,000 nominations from over 20 different countries worldwide.
“DeepSights provides a single-entry point into your company’s consumer and market insights and is the only solution that addresses the needs of today’s market and consumer insights teams. These teams are faced with having to answer more business questions, using more data sources, with less time and fewer resources,” said Steve Johansson, managing director, AI Breakthrough. “DeepSights redefines how insights flow through an organization and deepens customer and market understanding, freeing up valuable time for insights teams, and democratizing company knowledge. We are pleased to award Market Logic with ‘Best Text Generative AI Solution.’”