TECH SUPPLIER May 2021 - Market Perspective - Doc # US47634821
Microsoft's Nuance Gambit: Is It the Beginning of a Major Shopping Spree to Accelerate AI for Businesses Across Industries?
By: Ritu JyotiProgram Vice President, Worldwide Artificial Intelligence and Automation Research Practice, Global AI Research Lead, Mutaz ShegewiResearch Director, Provider IT Transformation Strategies, Hayley SutherlandSenior Research Analyst, Conversational AI & Intelligent Knowledge Discovery, David SchubmehlResearch Director, Conversational AI and Intelligent Knowledge Discovery, Al GillenGroup Vice President, Software Development and Open Source
This IDC Market Perspective presents details and insights around Microsoft's acquisition of Nuance Communications Inc., announced on April 12, 2021. This document provides a group analysis of Nuance's AI offerings, the impact of the acquisition on the healthcare industry and beyond, Microsoft's acquisition history and strategy, and the overall impact of this acquisition on customers and partners.
"Growth through acquisition is one of the strategies for diversification and market positioning. The disruption through global pandemic can be unsettling, but it is also serving as a catalyst for innovation, growth, and business transformations," says Ritu Jyoti, program vice president, AI Research at IDC.
Artificial Intelligence Strategies and Solutions , Conversational Artificial Intelligence , Developer Demographics and Development Trends , IDC Health Insights: Worldwide Provider IT Transformation Strategies , Open Source Ecosystem