Information Analytics

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.

From Filing Cabinets to AI: The Evolution of Data Intelligence

For organisations hampered by limited data intelligence, manual workflows in distributed work environments, and talent shortages that limit customer-centric innovation, the need for robust and flexible data management solutions has never been greater. These solutions must unify, operationalise, protect, and activate information stored in physical and digital unstructured and structured data.

Data and Risk Key Challenges to GenAI Uptake: Deloitte

The Deloitte AI Institute has unveiled the third quarterly edition of its State of Generative AI in the Enterprise report, revealing the current landscape of GenAI adoption and deployment and how organizations are overcoming barriers to create value at scale.

AtScale unveils Natural Language Processing breakthrough

Data analytics developer AtScale claims to have set a new standard in Text-to-SQL accuracy by combining its Semantic Layer and Query Engine with large language models (LLMs) to achieve 92.5% accuracy across all combinations of question and schema complexities.

The Toxic Positivity of AI

Much has been said and written in recent years about Artificial Intelligence (AI) and its likely impact on the world. So much in fact that, like every technology trend before it, the hype overwhelms the substance. Toxic positivity though? That seems a little harsh given that every modern business aspires to be data-driven in both strategy and execution.

3 Ways AI Protects Personally Identifiable Information (PII)

Australian business must treat the protection of personally identifiable information (PII) as a priority – lest they risk up to $A50 million in penalties. PII is stored by businesses in nearly every sector. PII includes any sensitive information that can be used to identify an individual, such as their name, address, phone number or financial details like credit card and tax file numbers. If there is a data breach and this information is compromised, it could lead to disastrous privacy violations or even identity theft.

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