Information Analytics

Researchers have developed artificial intelligence technology that brings together imaging, processing, machine learning and memory in one electronic chip, powered by light. The prototype shrinks artificial intelligence technology by imitating the way that the human brain processes visual information.

Onit, Inc., a provider of enterprise workflow solutions including enterprise legal management, contract lifecycle management and workflow automation, has acquired McCarthyFinch and its artificial intelligence platform that accelerates contract reviews and approvals by up to 70% and increases user productivity by more than 50%. 

In light of the rapid shift to digital ways of working, organisations must quickly ramp up their digital transformation efforts. Richard Graham, an Associate Director at Coeus Consulting, shares six steps to include in the planning phase of digital transformation initiatives. 

Hyperautomation is a process in which businesses automate as many business and IT processes as possible using tools like AI, machine learning, event-driven software, robotic process automation, and other types of the decision process and task automation tools.
 

We are pleased to announce the new release of Micro Focus Data Discovery 3.3, the latest version of our SaaS-based File Analysis Suite. Data Discovery gives organizations multi-repository management and review across enterprise data. Identify, collect, and organize content to ensure the discovery of sensitive data. Data Discovery quickly and easily empowers customers to identify business data and take action on it.

Signals Analytics has announces a wide-ranging patent grant from the U.S. Patent and Trademark Office for the automatic extraction of information from unstructured data sources. The company says the patent validates the company's approach to enterprise AI and analytics using external data at scale, while easing the deployment and data management processes that are typically so difficult for companies to navigate.

This week, Microsoft announced the general availability of Microsoft SharePoint Syntex as of October 1, 2020. This is the first packaged product to come out of the code-name Project Cortex initiative first announced in November 2019. Project Cortex reflects Microsoft’s ongoing investment in intelligent content services and graph APIs to proactively explore and categorise digital assets from Microsoft 365 and other connected sources.

Data privacy and governance specialist ActiveNav (formerly known as Active Navigation) has launched what it describes as a new software category: Data Mapping as a Service (“DMaaS”).

We are all familiar with the proverb “necessity is the mother of invention.” In an interdependent global economic environment, anticipating unexpected risks is built into the DNA of every organization, large and small. But nothing could have prepared us for the pervasive impact of this pandemic. According to a survey by the Institute of Supply Management, 75% of companies are reporting significant supply chain disruptions, which is unprecedented in modern times. Just in time inventory and dependence on lowest cost suppliers, the hallmark of modern supply chain management, now represents risks to businesses.

AI developer Clarifai claims to have developed a new way of labelling unstructured image, video and text data. Clarifai has built one integrated tool for managing data annotation projects of any size in its end-to-end AI platform.

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