Zycus announced the release of AutoClass, a classification solution for e-Catalogs. AutoClass will assist marketers to accurately analyze spending patterns by product and supplier as well as provide a common platform for mapping different supplier and buyer plans to UNSPSC. AutoClass achieves this through a database engine that removes the concepts and then categorizes the product by statistically linking the models to product categories. The speed of automatic classification (100,000 documents per hour) enables rapid enablement. The AI based classification engine is trained on millions of product items where it separates statistically significant patterns. Built-in libraries and embedded domain intelligence help in automatic and accurate classification of the supplier’s/client’s plan into UNSPSC at a reduced cost, while version control is made possible through continuous update every two weeks. AutoClass is language and domain independent, and can process e-Catalogs on a real time basis using a web interface. www.zycus.com
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