Tag: SaaS

OpenAI and Google are two of the biggest players in AI technologies, but their dominance is being challenged by open source projects. Exceptionally talented developers are driving advancements at lightning speed, leaving corporate giants like Google and OpenAI in their dust. Google's memo highlighted their lack of ‘moat’ to protect them. OpenAI and others are beginning to use Software as a Service (SAA) to access powerful models, but these don't offer the same customisation or tech expertise that smaller operations can provide. Google and OpenAI must adapt, collaborate and keep up with the pace of innovation.

. Zoho Corporation, based in Chennai, has enhanced its AI engine, Zia, by incorporating OpenAI's ChatGPT technology. This integration helps to provide a more secure, intuitive, and reliable customer experience. Additionally, Zoho's commitment to privacy keeps their user data safe and secure. The company looks forward to providing value-filled products and services to their current 90 million customers.

Meta is the leading SaaS provider offering omnichannel services with an emphasis on security. Recently, ChatGPT decoys have been posing a threat to Facebook, Instagram and WhatsApp users, as hackers are able to gain access to account information, including two-factor authentication codes. Meta took immediate measures to protect its users, launching a support tool and security controls for business users. Additionally, the upcoming launch of Facebook at Work accounts in 2021 will help to further secure user accounts!

Exdion Solutions, Inc., a trusted provider of AI-powered insurance software applications, is proud to have won the highly prestigious APPEALIE Award in the SaaS Customer Success category. This recognition celebrates their effort and the positive feedback from their partners. The APPEALIE SaaS Awards are the highest award in the SaaS arena and acknowledge Exdion's innovative platform, reducing operational costs and increasing accuracy. With the upcoming platform launch, brokers can process transactions up to three times faster. Has a 4.6 star rating on software review platforms.

Snap Inc. is a US based technology and camera company that is behind the iconic Snapchat mobile app. Founded by Evan Spiegel and Bobby Murphy in 2012, the company has made waves by revolutionizing the way people communicate with each other. Snap Inc. recently reported a 7% decrease in revenue and had its stock plunge over 20% in after-hour trading for its first quarter of 2021. The lackluster earnings were due to changes by Apple, as well as increased competition from the likes of TikTok and YouTube. In order for the company to bounce back, Snap Inc. has made strategic decisions, such as offering subscriptions and offering their AI-powered product, My AI. At the same time, larger tech companies like Facebook's parent Meta are reporting revenue increases.