BPI-Unitek using AI to extract data from documents
by Startacus Admin
BPI-Unitek - The AI platform that extracts data from documents, automates data entry and customer conversations...
Extracting data from forms and documents and entering it into databases is a tedious, laborious task, and one that takes time away from other jobs your employees could be doing. There is also a very high rate of human error in this process, which creates customer dissatisfaction, a higher workload, and can decrease profits. We need a solution that can speed all of this up whilst increasing accuracy. Conveniently enough, today’s startup has that solution.
BPI-Unitek, based in Dublin and London, is using artificial intelligence to disrupt multiple industries and help businesses transform and improve.
Their AI uses Deep Neural Networks to intelligently extract data from documents - be they invoices, claims forms, etc., structured or unstructured, typed or handwritten - and understand your business’s process to enter that data correctly, with 99.9% accuracy.
And of course, an AI can do all of this much faster than a human.
All of this means that valuable employees can be given other tasks while the AI gets on with these things, increasing overall productivity.
As well as this, BPI-Unitek’s AI can be put to use as chatbots.
These use natural language to help customers in a conversational and engaging way. And when combined with the lightning fast ability of the AI to retrieve and understand data, those customers may find themselves with a solution faster than they would when talking to a human.
Led by a diverse group of Executives from Zurich, IBM, Microsoft and Oracle who have a track record of disrupting and changing industries, BPI-Unitek was another fab tech startup pitching at Innovation Nation as part of their irish startup pitch competition.
They convinced us that the future’s intelligence is artificial, and that Skynet might not be so bad after all...
If you are interested in other startups using AI, you might want to read up on:
Andrson - Music A&R reimagined
Photocert - Digital transformation in insurance claims
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Published on: 21st October 2018
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