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Straive's Intelligent Document Processing (IDP) capabilities featured in ISG's Provider Lens(TM) Intelligent Automation -- Solutions & Services US Report 2021

SINGAPORE, Jan. 27, 2022 /PRNewswire=KYODO JBN/ --

Straive (erstwhile SPi Global), a market leader in technology-driven EdTech,

content, and data solutions, has been named a contender by a leading global

technology research and advisory firm Information Services Group (ISG) in its

Provider Lens(TM) Intelligent Automation -- Solutions & Services US Report

2021. Straive has been recognized in the report for its document processing

solutions, enabling automated extraction, interpretation, classification, and

handling of digitized documents faster and at scale.

Logo - https://mma.prnewswire.com/media/1486326/Straive_Logo.jpg

ISG Provider Lens(TM) is a practitioner-led service provider comparison. Its

research reports provide independent vendor evaluations and enterprise buying

behavior segmentation.  

Straive's IDP capabilities are backed by its proprietary unstructured data

platform, Straive Data Platform (SDP), built on a microservices-based

architecture with customizable data extraction, enrichment, transformation, and

delivery modules. Straive's document processing solutions employ cognitive

technologies to automate data extraction, enrichment, and transformation and

deliver actionable insights from text-heavy documents in any format, such as

text PDFs, emails, word files, and scanned PDFs.

Straive has set up a dedicated R&D unit called Straive Innovation Labs to

integrate next-generation solutions into its SDP offerings continuously.

Straive's customers benefit from flexible commercial models, including

output-based pricing per document, where it manages both the operations and

technology.

On the feature, Ratan Datta, President and CEO, Straive, said, "The rising

demand for processing voluminous semi-structured and unstructured documents

with greater accuracy and speed has catalyzed the need for better and automated

document processing. Straive's feature in the ISG Provider Lens(TM) report is a

testament to our capabilities in the IDP space. Through a fine blend of subject

matter expertise, latest technologies like AI, ML, and a keen focus on R&D,

Straive Data Platform continues to serve customers across a wide range of

industries, including Finance, Research & Lifesciences, Real Estate, and Legal

& Regulatory."

The ISG report noted, "As a platform-based and automation-driven data company,

Straive is actively working to strengthen its SDP solution to support more

document formats, complex use-cases, and broaden industry coverage to include

insurance, healthcare, and pharma."

Straive differentiates itself with a focus on solving industry use cases

requiring domain expertise backed by a team of more than 500 SMEs across

various disciplines such as life sciences, chemistry, biomedical,

sustainability, legal, financial services, etc. Its deep expertise enables

Straive to achieve a significantly higher level of automation in complex use

cases and leverage SDP as an enabler to drive business outcomes.

To read the full report, Click Here (

https://www.straive.com/analyst-recognitions/straives-intelligent-document-processing-intelligent-automation-solutions

).

About Straive ( https://www.straive.com/ ) (erstwhile SPi Global)

Straive is a market-leading content technology enterprise that provides data

services, subject matter expertise (SME), and technology solutions to multiple

domains such as research content, e-Learning/EdTech, and data/information

providers. With a client base scoping 30 countries worldwide, Straive's

multi-geographical resource pool is strategically located in eight countries:

Philippines, India, USA, China, Nicaragua, Vietnam, United Kingdom, and the

company headquarters in Singapore.

For media queries, contact Kshitiz Ahuja, Lead-Brand and PR

(kshitiz.ahuja@straive.com)

SOURCE:  Straive (erstwhile SPi Global)