Information Analytics

WA Agency taps OpenAI to Manage Large Document Library

Microsoft’s Azure OpenAI Service is being tapped to transform the management of technical document libraries at Main Roads Western Australia (Main Roads), the transport agency responsible for the state’s road network.

ABBYY Teams Up with IBM watsonx.ai

ABBYY has announced its integration with IBM watsonx.ai, combining its intelligent document processing with advanced language models to enhance business workflows.

Extractive vs. Generative AI: Why the Difference is Important for IDP 

Since the launch of ChatGPT in late 2022, the topic of artificial intelligence has been in the forefront of conversation across industries and has also led to significant opportunities in intelligent document processing (IDP) – a term that was created long before the recent AI wave which describes the intelligent extraction and processing of data from structured and unstructured documents, which AI and ML has always been a part of (hence ‘intelligent’). 

View Systems launches AI Data Management and Insights Platform 

View Systems has announced today general availability of View AI, aiming to streamline how organizations manage and use their data as part of their AI strategy. Available both on premises and in the cloud, View AI supports the entire data lifecycle, from ingestion to analysis and AI interaction.  

Valiance Solutions Unveils Knowledge Miner 

Valiance Solutions Knowledge Miner is a newly launched AI-powered information discovery platform that transforms unstructured data into structured insights. Developed to meet the unique demands of industries such as manufacturing, insurance, energy, oil & gas, and the public sector, Knowledge Miner optimizes data retrieval and analysis processes.  

EncompaaS enhances AI Solution for Big Pharma

EncompaaS has announced an enhanced version of Rebate Management solution for pharmaceutical organizations, using AI to inspect complex rebate contracts and extract data with speed and accuracy. Customers can now visualize and analyze rebate management data in realtime, performing weeks of tedious, manual work in seconds.

AI-Powered Data Retrieval platform raises $US3.6M

A pioneering startup in the field of AI-powered data integration, Vectorize, has raised $US3.6 million in seed funding for its Retrieval Augmented Generation (RAG) platform designed to transform how businesses of all sizes leverage their data for AI applications.

Anyformat to automate unstructured data extraction and analysis

Spanish startup anyformat is aiming for a new era of collaboration between humans and artificial intelligence, after raising €520,000 in a pre-seed funding round. This will allow anyformat to accelerate the development of its generative AI platform, designed to transform how companies manage and analyze unstructured data.

Compliance Made Easy: New Partnership Addresses Global Data Retention Headaches

In an era of increasing data regulation complexity, multinational organisations face a daunting task: managing diverse data retention requirements across multiple jurisdictions. A new partnership between EncompaaS and Amsterdam-based filerskeepers aims to revolutionize this process, offering an automated solution for global compliance.

AI Struggles to Accurately Extract Medical Data, Study Finds

A recent study by Columbia University's Mailman School of Public Health has revealed significant limitations in the ability of advanced artificial intelligence to reliably extract information from clinical notes in medical records.

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