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
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Self-funding or ‘bootstrapping’ your tech startup is one sure-fire way of avoiding many of the pitfalls of receiving large amounts of seed capital. Here's why...
The rise of automation addresses shortages of labour, creates a 24-hr manufacturing chain and negotiates potential hazardous work conditions.
The IoT solution for real-time remote detection of stowaways in the rear of vehicles, trailers or containers, or theft of said cargo.
The digital coach aiming to help improve the quality of life for people living with IBS and IBD conditions
North-East of England early-stage entrepreneurs and startups take note! North-East England startups sought for latest Ignite pre-accelerator programme.
Workplace discrimination and failure to address social mobility costs UK economy £270bn per year according to research by graduate recruitment platform Debut.
dip is a free to download and free to use shopping companion app that shows users relevant high street deals based on their hyper-location.
The EdTech startup aiming to connect inspirational teachers with those looking for something a little different
If you’re ready to take the plunge and start your dream startup business, here are some of the top UK locations worth considering.
Stigma around mental health struggles and burnout is costing the UK economy £1.4bn a year through unexplained sick days.
Published on: 21st October 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- North-East England startups sought for latest Ignite pre-accelerator programme 18th May 2019 North-East of England early-stage entrepreneurs and startups take note! North-East England startups sought for latest Ignite pre-accelerator programme.
- Stigma around mental health costs UK economy £1.4bn a year 15th May 2019 Stigma around mental health struggles and burnout is costing the UK economy £1.4bn a year through unexplained sick days.
- UK leads Europe in scaleup investment 13th May 2019 The UK leads Europe and are fourth in the world for scaleup investment after US, China and India, according to the Tech Nation Report for 2019.
- Energy Sector startups sought for EDF Energy’s 2019 Pulse Innovation Challenge 9th May 2019 EDF Energy’s innovation accelerator, Blue Lab are on the hunt for the best new ideas that could spark innovation in the energy sector.
