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Eigen Technologies AI Breakthrough Awards Program recognized for innovation in artificial intelligence in 2022

Eigen Technologies AI Breakthrough Awards Program recognized for innovation in artificial intelligence in 2022

 


New York and London-(BUSINESS WIRE)-Global Intelligent Document Processing (IDP) provider Eigen Technologies (Eigen) today brings to the world’s top artificial intelligence (AI) markets, technologies and products. The 5th Annual AI Breakthrough Awards Program run by AI Breakthrough, a leading market intelligence organization that recognizes. Eigen, a pioneer in the small data approach to AI, has been selected for this award from more than 2,950 entries, including the world’s top AI companies.

Eigen is a code-free, user-friendly AI platform that combines state-of-the-art NLP and object detection engines with superior machine learning techniques. The platform uses proprietary machine learning technology to provide intelligent data extraction and document processing. Very accurate results span a wide range of document types and data formats.

Eigens’ unique technology approach uses small data AI to train the Eigen platform with 2-50 documents instead of the thousands of documents required by traditional approaches. Users can train these small datasets for much higher accuracy and specificity.

In addition, the platform provides open-ended integration with a set of APIs that facilitate extension between features.

Dr. Lewis Z. Liu, co-founder and CEO of Eigen Technologies, was thrilled to receive the AI ​​Breakthrough Award because Eigens technology is at the heart of digital transformation and automation programs established by large corporations around the world. .. Last year, Eigens technology was used to maintain the stability of the global financial system and was introduced in 40% of the world’s most important banks. Over the past few years, we have successfully moved beyond finance to insurance and other sectors, demonstrating the flexibility of both the small data AI approach and the platform. We will continue to innovate so that our customers can enjoy the benefits of AI-powered NLP and analyze their data faster and more accurately.

The mission of the AI ​​Breakthrough Awards is to celebrate excellence and innovation, effort and success in various categories related to AI and machine learning, including AI platforms, deep learning, smart robotics, business intelligence, natural language processing and industry specificity. That is. AI applications etc. This year’s program attracted more than 2,950 nominations from more than 18 countries around the world.

Accessing the right data at the right time is the difference between failure and success, the ability to transform data into actionable insights, regardless of source. This is the most powerful way for organizations to make informed decisions and achieve the best results. James Johnson, Managing Director of AI Breakthrough, said people, clients and investors: Eigen is a pioneering innovator of the small data approach, unlike the neural network approach that has been dominated over decades. Leveraging their AI, NLP aims to lead digital transformation in many industries and is proud of our success and momentum. Congratulations to the entire Eigen team for the 2022 AI Breakthrough Prize.

Our unique technology approach goes beyond privacy concerns as users do not have to share data or models with outside parties. As such, Eigen enables straight-through processing of complex legal and financial questions regarding complex legal / financial documents sent to regulators such as the Federal Reserve and FDIC.

About proprietary technology

Eigen is an intelligent document processing (IDP) company that manages risk, scales operations, automates processes, and navigates dynamic regulatory environments to enable clients to quickly and accurately extract answers from documents. You can do.

Eigens’ customizable no-code AI platform can use machine learning to automate the extraction of answers from documents and apply them to a variety of use cases. It understands the context and provides greater accuracy with much less training documentation while protecting the security of client data.

Our clients include the most famous and respected names in finance, insurance, law and professional services such as Goldman Sachs, ING, Swiss Re, BlackRock, Aviva, Allen & Overy. Almost half of the systemically important banks (G-SIBs) on the global system use Eigen to overcome document and data challenges. Eigen is backed by the Sony Innovation Fund by Goldman Sachs, Temasek, Lake Star, Dawn Capital, ING Ventures, Chamomiles, and IGV.

About the breakthrough of AI

The AI ​​Breakthrough Awards program is part of Tech Breakthrough, a leading market intelligence and recognition platform for global innovation and leadership, to celebrate the excellence of artificial intelligence technologies, services, companies and products. I am devoting myself. The AI ​​Breakthrough Awards generally recognize the achievements of AI companies and products in categories such as AI platform, robotics, business intelligence, AI hardware, NLP, vision, and biometrics. For more information, please visit AIBreakthroughAwards.com.

Sources

1/ https://Google.com/

2/ https://www.businesswire.com/news/home/20220623005201/en/Eigen-Technologies-Recognized-for-Artificial-Intelligence-Innovation-in-2022-AI-Breakthrough-Awards-Program

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