Managers in businesses of all shapes and sizes need knowledge from text data faster and more accurately. The problem is that access to quality text data in documents is mostly manual and the sources are heterogeneous and complex documents. Inside millions of contracts, & procedures in word or PDF exact wordings matter and sampling or manual reviews can lead to catastrophic errors and mistrust.
For partners working with businesses with these challenges manual methods of accessing text data impacts both margins and competitiveness due to:
- Lower value-add activities as a % of billed time
- Increased competition
- High barriers to winning high-value engagements due to upfront costs