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.
Wilton London exceeds crowdfunding target to support its aim of becoming the UK’s number one eco household cleaning brand
TestGorilla is a startup that's on a mission to help you identify the best candidates and make your hiring decisions faster, easier, and bias-free
Major investment for her1, the digital health impact company that's dedicated entirely to female wellbeing...
Major boost for the NI economy as nanotechnology consortium, Smart Nano NI awarded £42.4m by the Strength in Places Fund to support development of new technology for medical devices, communication and data storage.
As the pandemic may still have an impact on your business in the long term - here are a few things to consider...
Need an organised process to manage the inventory in your startup? Here are a few of the key things to consider...
Ntropy secures major investment to help with expansion of its team, support market growth and future product development.
.jpeg)
Want to make your mark on your industry and elevate your business exposure? These tips will help you do just that...
.jpg)
SKOOT, the only carbon negative green navigation app for drivers launches crowdfunding campaign to help drive its growth and offset vehicle carbon as lockdown eases
.jpeg)
Need to make changes in your business? Karen Dunne-Squire, founder of Elation Experts shares tips and advice on how best to do just that
Published on: 21st October 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Smart Nano NI awarded £42.4m funding from UKRI 22nd Jul 2021 Major boost for the NI economy as nanotechnology consortium, Smart Nano NI awarded £42.4m by the Strength in Places Fund to support development of new technology for medical devices, communication and data storage.
- Ntropy Raises $3.2M for its innovative data platform 20th Jul 2021 Ntropy secures major investment to help with expansion of its team, support market growth and future product development.
- SKOOT plans to accelerate growth with new crowdfunding campaign 20th Jul 2021 SKOOT, the only carbon negative green navigation app for drivers launches crowdfunding campaign to help drive its growth and offset vehicle carbon as lockdown eases
- Collective Benefits raises £6m to help expand the safety net for independent workers 14th Jul 2021 Innovative insurtech Collective Benefits raises investment to support expansion plans and development of new products and services for independent workers
