Information Analytics

Indico Data launches Unstructured Data Analysis Platform

Indico Data has launched a new Unstructured Data Platform, which promises the ability to automate, analyse, and apply previously unreachable unstructured data into mission critical enterprise workflows.

Alteryx and UiPath target Legacy Systems

Analytics firm Alteryx and RPA giant UiPath have announced a partnership to ease the process of digital transformation by unlocking the value from enterprise data. As organizations modernize their infrastructure, data can remain trapped in legacy systems and other sources that lack the necessary APIs for access. 

Nuix acquires Natural Language Processing company

Nuix has entered into an agreement to acquire all the shares in Topos Labs, Inc. (Topos) a developer of Natural Language Processing (NLP) software that helps computer systems better understand text and spoken words at speed and scale.

Gartner Identifies 4 Trends Driving Near-Term AI Innovation

The latest Gartner Hype Cycle for Artificial Intelligence (AI) shows a large number of AI technologies are set to reach mainstream adoption within 2-5 years, including edge AI, computer vision, AI cloud services, composite AI and machine learning. However, Gartner research also found that only half of AI projects make it from pilot into production, and those that do take an average of nine months to do so.

Unstructured Data Growth Bites IT Budgets

As companies store more unstructured data, companies find that it’s taking an ever-bigger cut of the IT budget. That is forcing some firms widen the search for solutions that can help them better manage it, according to a new survey from Data Analysis form Komprise.

DataPlus 3.0 Uses Machine Learning to Help Strengthen Data Privacy

Tata Consultancy Services (TCS), the global solution provider, has released a new version of TCS MasterCraft DataPlus, with a self-guided approach to building data privacy and data quality processes and Machine Learning (ML)-based sensitive data attribute discovery.

Litera acquires contract analysis company

Litera has announced the acquisition of Kira Systems (“Kira”), a developer of machine learning contract review and analysis software. This follows the recent purchase of Australia’s DocsCorp and its suite of software and services for document professionals who use enterprise content management systems.

Cortical io announces Contract Intelligence 4.5

Cortical.io has announced the release of Contract Intelligence 4.5, an artificial intelligence software that automatically and accurately searches, extracts, classifies and compares key information from agreements, contracts, and other unstructured documents like policies and financial reports. Contract Intelligence uses Natural Language Understanding (NLU) to analyse relevant information from large quantities of documents quickly and with an accuracy that is difficult to achieve at scale with manual labour or with other contract analysis tools.

Tips for tackling dark data on shared drives

With the pandemic pushing life further online and remote work becoming the norm, companies face growing risks and challenges with “dark data” – data collected and stored but never used. Much of this “dark data” hides in documents, spreadsheets and content scattered across the enterprise on shared drives, Microsoft 365 and SharePoint. 

What Is Process Mining (and Why Isn’t It Enough)?

Businesses live by their processes—the prescribed sets of actions their employees take to get things done. When processes run well, the business runs well. When processes run poorly, the business risks a host of hazards, from loss of revenue to customer dissatisfaction to compliance violations. Most businesses have a general idea of how their processes should run, but lack insight into the day-to-day details of execution. Without this insight, how can they make improvements that yield real results?

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