ENTERPRISE SEARCH MARKET ANALYSIS

Key Developments

• In January 2023, Microsoft Corporation's Azure and OpenAI, an artificial intelligence research company that develops advanced language models, image generation tools, and other AI technologies collaborated to accelerate AI advancements, deploying OpenAI's models across consumer and enterprise products, and enhancing enterprise search capabilities.
• In May 2023, Amazon Web Services (AWS), a cloud computing platform, providing a comprehensive suite of on-demand cloud computing services and resources, including compute power, storage, databases, networking, analytics, machine learning, and more, upgraded its enterprise search service by integrating Amazon Kendra and Amazon Recognition, enabling the creation of advanced image search engines for businesses.
• In December 2022, SAP SE, a German multinational software company that develops and provides enterprise software improved its enterprise search solutions by introducing new features in the 2208 cloud edition, allowing key users to create custom search models.
• In January 2021, Amazon Web Services (AWS) enhanced its search solution by introducing new instances that offer enhanced availability and performance at the same pricing. These new instances are direct replacements for existing ones but utilize newer generation EC2 instances, ensuring improved stability for the domains.
• In March 2021, Microsoft, an American multinational technology company introduced Azure Cognitive Search, a cloud-based search service that provides developers with the infrastructure, APIs, and tools to build a comprehensive search experience over diverse content in web, mobile, and enterprise applications.