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Industry Landscape
Total Assets Under Management (AUM)
in
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( CAGR)
Total Addressable Market
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Driven Personalization
AI-driven personalization enhances user experience by tailoring content and recommendations based on individual behavior, improving engagement and satisfaction.
Real-Time Data Analytics
Real-time data analytics provides immediate insights into customer interactions, enabling businesses to make quicker, more informed decisions and respond proactively to emerging trends.
Advanced Cybersecurity
Enhanced cybersecurity measures, including advanced encryption and threat detection, protect sensitive customer data and maintain trust in an increasingly digital environment.
Impactful Policy Frameworks
AI Accountability Act of 2023
This act mandates that companies utilizing AI in decision-making processes ensure fairness and transparency, establishing an AI auditing framework to assess potential biases.
Compliance ensures that Avoma's AI-driven tools adhere to ethical standards, promoting fairness and transparency in their applications.
General Data Protection Regulation (GDPR)
The General Data Protection Regulation (GDPR) establishes strict guidelines for the collection, processing, and storage of personal data of individuals within the European Union, impacting data privacy practices globally (2018).
GDPR impacts how Avoma handles and processes user data, requiring enhanced consent mechanisms and data protection measures to maintain compliance.
California Consumer Privacy Act (CCPA)
The California Consumer Privacy Act (CCPA) grants California residents rights regarding their personal data, including the right to know, the right to delete, and the right to opt-out of the sale of their personal information (2018).
CCPA compliance requires Avoma to provide California residents with greater control over their personal information, affecting data handling and privacy policies.
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