Experts estimate that up to 80% of the data in an organization is unstructured, information that does not have a well-defined or organized data model.  The amount of this information in enterprises is staggering and growing substantially, often many times faster than structured information.

Unstructured content is characteristically text-heavy, but may also contain critical data elements such as: amounts, percentage’s, dates, numbers, and facts as well, like that found in contracts, loan amounts and terms, correspondences, proposals, legal descriptions, vesting information, EOB’s, transcriptions, and much more.

Unfortunately, it is often very difficult to analyze, classify and extract this unstructured data as it is typically highly variable in nature.

Due this complexity, BPO’s and SI’s have traditionally relied on data entry shops to manually enter this data to process and/or store this information into a more structured database-friendly format.  With offshoring offering lower price solutions (as compared to onshore), many companies have settled as this to be the only practical solution.  However, is this really the most affordable, scalable, secure and flexible option?

Axis Technical Group has developed the next generation alternative with a hosted advanced data extraction and classification solution as a Service (SaaS).  Axis AI uses its proprietary Natural Language Processing (NLP) and Machine Learning algorithms and  processes that can now classify and capture data from all your content, complex, unstructured documents, as well as, the traditional structured and semi-structured documents.

During the presentation, we’ll cover the following.

  • Challenges of capturing information from complex unstructured document formats
  • Overview of how NLP works and how these advanced technologies take capture to a new level
  • Various document candidates for advanced unstructured data extraction and classification
  • How you can save money as an SI/BPO developing solutions for your clients and offering Classification/Extraction as a Service
  • How Axis AI eliminates the upfront time and cost associated with a installing and configuring, training your technical teams and supporting a new solution
  • Product process overview and demonstration
  • Axis client case studies and success stories

As one of our customers put it “… I have been waiting twenty-five years for this technology to arrive! This is really going to drive down our operational costs by allowing us to use fewer people at the data entry level and ultimately at the verification level too. Because of this advanced Axis AI technology we could capture all our data in just a few weeks, instead of months with the old process.”

Watch the whole presentation or jump to specific topic by clicking on the agenda item.

To learn more about Axis, please visit our product overview. If you have any immediate questions, please contact us directly, we would be delighted to set up a meeting and one-on-one demonstration.