Year: 2021 (Page 42 of 44)

Pryon, an artificial intelligence (AI) company focused on enterprise knowledge, launched an automated natural language processing (NLP) platform that allows companies to add no-code AI capabilities to initiatives without professional services or special skills. Pryon’s ease of use allows teams to quickly prototype and deploy NLP projects without significant upfront commitments or planning cycles. This release of Pryon’s AI platform provides NLP that reads, organizes, and retrieves information. It can process repositories of documents, communications, intranet content, transcripts, and web pages in minutes. It then delivers results to natural language questions through text or voice interactions in an instant.

Today’s AI assistants and chatbots can only respond to a limited set of requests. In addition, search results require too much work by users to find relevant information. Pryon’s AI enables both a better understanding of requests as well as more accurate responses. With Pryon, companies can easily and quickly extend existing assistants and chatbots to answer millions of questions. They can also enhance search capabilities to deliver results from inside source documents along with additional context. Pryon’s fully automated NLP platform is now available as a cloud-based offering for enterprise customers.

https://blog.pryon.com/2021/01/26/pryon-launches-fully-automated-natural-language-processing-nlp-platform-for-the-enterprise/

Cortical.io announced a new release of its Cortical.io software. Utilizing a natural language understanding (NLU) approach based on semantic folding theory, the software analyzes the content of large quantities of documents. It automatically searches, extracts, classifies and compares key information from agreements, contracts, and other unstructured documents like policies and financial reports. The Cortical.io Contract Intelligence solution understands the meaning of whole sentences and concepts, instead of just keywords. The new version capabilities include: high-fidelity rendering of documents, improved extraction capabilities and advanced search (i.e. the ability to perform range queries that allow you to search for numerical and date ranges).

Cortical.io Contract Intelligence helps reduce the time and costs for any organization that needs to review and extract information from a large number of unstructured documents. It also helps reduce human errors inherent to a boring repetitive task and make better use of expensive subject matter experts. This helps markets such as insurance, that review and extract sensitive information from policies and loss run reports on a large scale. Pricing is based on annual volume of documents.

https://www.cortical.io/news/cortical-ios-new-release-of-contract-intelligence-software-uses-ai-to-improve-extraction-and-search-capabilities/