Information Analytics

EncompaaS targets global growth after $A14M funding

Enterprise compliance SaaS provider EncompaaS has completed a $A14 million capital raise led by CVC Emerging Companies, Future Now Capital, and Marshall Investments. The SaaS entrant will now further develop and take its suite of cloud-based enterprise content management and compliance products to global markets.

Alteryx acquires Australian AI company Hyper Anna

Alteryx, Inc. has acquired Hyper Anna, a leading cloud platform for generating artificial intelligence (AI)-driven automated insights from data. Based in Sydney, Hyper Anna enables anyone, regardless of technical background, to access AI-driven insights.

Gartner Says Government Organisations Are Increasing Investment in AI, But Workforce Remains Apprehensive

Government organisations around the world are adopting artificial intelligence (AI) technologies to help them achieve their public purpose or mission, but government employees are still concerned about the technology’s impact, according Gartner, Inc.

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.

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