AI used to extract financial data from multi-language financial reports

Annual and other financial reports usually are voluminous documents with text, tables, columns, etc… that do not follow any standard format. Extraction of key financial information is typically a manual process which is costly, lengthy and error prone. Infrrd IDP (Intelligent Data capture) Platform uses Optical Character Recognition (OCR), Computer Vision and Artificial Intelligence to … Read more

AI delivers 99.9976% confidence level Quality Control at BMW

Business Problem Like all car makers BMW uses robots in its manufacturing process. Real time quality control is necessary at every step of the process as robots can do the wrong thing as efficiently and in volume as the right thing. Detecting a faulty part in a process that handles 30 million parts per day … Read more

Using RPA solution, 2 people complete the task of 30 people

One of the first steps in automating tasks performed by employees is to discover what are those tasks and what are the workflows performed by employees. Dentsu used FortressIQ to achieve this. One of the first steps in automating tasks performed by employees is to discover what are those tasks and what are the workflows … Read more

Recommender System

A Recommender System is a good example of AI and Machine Learning specifically used to increase revenue and customer engagement on e-commerce sites. They generate customer prompts like:  “Frequently bought together” or “You may also like” which we see often.  They  are used because they deliver: 35% of Amazon revenue 75% of what Netflix customers watch 30% … Read more