PR85278

BENGALURU, India, Aug. 26, 2020 /PRNewswire=KYODO JBN/ --

    EdgeVerve Systems (https://www.edgeverve.com/ ), a wholly-owned subsidiary

of Infosys, (https://www.infosys.com/) recently launched Nia DocAI – v 2.1, its

document extraction, processing, and comprehension platform. Nia DocAI, an

offering of Infosys Nia, leverages advanced AI technologies, including Computer

Vision and NLP, to assist customers across industries extract and consume

information from complex enterprise documents, thus accelerating business outcomes.

    Today's enterprises are sitting on a gold mine of data. Industry reports

suggest, more than 80% of this data is locked in unstructured documents. Hidden

intelligence in these enterprise documents can lead to cost savings, reduced

turnaround time, improved decision-making skills, regulatory compliance as well

as reduced business risks unforeseeable due to the nature of the data.

    Nia DocAI structures world's complex multi-document data and makes it

useful and business consumption ready. It not only extracts information from

complex text and visual documents but also enhances the output with contextual

information, thereby enabling in advanced NLP based search and insights.

    The Nia DocAI 2.1 goes beyond OCR to process handwriting, differentiate

between signatures and scribbles, work with various layouts, tables and page

breaks. It even comes equipped with the ability to establish relationship

between multiple documents. Through pre-trained solutions, it addresses complex

use cases such as sell-side/procurement contract processing, contractual risk

identification among others. Nia DocAI is an enterprise-grade platform that

focusses on ease of use, enterprise scale, security, flexible deployment and

more. It will enable enterprises to unlock entrenched business value hidden in

unstructured documents.

    To know more about Nia DocAI, please click here

(https://www.edgeverve.com/artificial-intelligence/nia/nia-docai/ ).

    Logo: https://mma.prnewswire.com/media/847965/EdgeVerve_Infosys_Logo.jpg 

    Source: EdgeVerve