ABBYY has announced two new language-based products enabling businesses to understand and act on complex, unstructured information. Based on the company’s Compreno natural-language processing (NLP) technology, ABBYY InfoExtractor SDK and ABBYY Smart Classifier enable development of next generation smart business process applications, accelerating business decisions and insights for industries, including oil and gas, insurance, healthcare, financial services and government, among others.

“Companies have been left in the dark for far too long, unable to harness the full power of their data. This isn’t due to a lack for trying, it’s because they’ve lacked the capability to extract the facts and story lines embedded in unstructured information,” said David Bayer, vice president, Compreno Suite, ABBYY.

“ABBYY InfoExtractor SDK and ABBYY Smart Classifier take data analysis to an entirely new level, allowing companies to take advantage of the critical facts and story lines that are, literally, right in front of their eyes. They can now harvest the true value of their information while reducing manual efforts, streamlining processes and making more informed decisions based on a deeper, context-based understanding of the data.”

The ABBYY InfoExtractor Software Development Kit (SDK) enables enterprises as well as software developers to automatically identify and extract entities and relationships from complex text documents. It uses facts and events to reconstruct story lines in documents, providing insights that can directly impact business decisions and outcomes for professionals such as oil and gas land managers, patient care providers, or financial services risk managers.

ABBYY InfoExtractor creates operational efficiency by automating the processing of complex, business-critical documents, and providing information transparency to reduce risk and optimise case/asset management. ABBYY InfoExtractor’s NLP is designed to be enhanced with domain-specific ontologies to accurately extract complicated or industry-specific terms, clauses and facts. ABBYY InfoExtractor supports a wide variety of formats including Microsoft Word and XML, PDF, Tiff, JPEG and other graphic formats enabling businesses to work within established workflows.

ABBYY Smart Classifier is an intuitive classification application module that enables enterprises and software developers to overcome implementation and usage complexities that have hindered widespread adoption of classification technology, causing it to remain more of an art form than a trusted, easy-to-deploy capability.

Smart Classifier combines robust text- and semantic-based classification algorithms, an intuitive, graphical Model Editor interface, and automatic optimization algorithms to make classification dependable for information governance, email and content management, data migration and other critical processes. The Model Editor workflow interface allows IT and line-of-business users to easily create, evaluate and refine taxonomies and classification models, and adapts to organizations’ unique needs by providing the most accurate categorizations possible. With simple REST APIs and support for 39 languages, including English, ABBYY Smart Classifier delivers highly accurate classification to mitigate risk, ensure defensible retention policies and organize large repositories to enhance information retrieval in global organizations.

http://www.abbyy.com.au/