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Shinydocs receives $16.25 million in financing to help organizations generate business value from unstructured data

Info Source

This investment from First Ascent Ventures and EDC will enable Shinydocs to boost its sales and marketing resources to access a wider customer base and challenge the industry’s assumptions about information management. Our customers are seeing exponential growth in the volume of unstructured data held across the organization.

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Insight is the new GOLD

OpenText Information Management

From the many customers I have worked with since the beginning of the pandemic, when digital transformation accelerated, I learned that keeping up speed, while staying relevant, hugely depends on insight. Any person will measure their experience based on whether the right service is provided to them, at the right time, for the right price.

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Real-time artificial intelligence and event processing  

IBM Big Data Hub

Non-symbolic AI can be useful for transforming unstructured data into organized, meaningful information. This helps to simplify data analysis and enable informed decision-making. Unstructured data interpretation: Unstructured data can often contain untapped insights.

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TDC Digital leverages IBM Cloud for transparent billing and improved customer satisfaction

IBM Big Data Hub

Furthermore, TDC Digital had not used any cloud storage solution and experienced latency and downtime while hosting the application in its data center. These issues started impacting their customer experience and eventually led to customer retention challenges.

Cloud 78
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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

Generative AI excels at handling diverse data sources such as emails, images, videos, audio files and social media content. This unstructured data forms the backbone for creating models and the ongoing training of generative AI, so it can stay effective over time.

Retail 94
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ABBYY Pumps FlexiCapture with Machine Learning Technology to Process Enterprise Content at Industry Leading Rates

Info Source

These include invoices, claims, new account opening and customer onboarding documents, purchase orders, bills of lading and contracts – content that impacts revenue and the customer experience. Currently, up to 90% of enterprise content is unstructured and growing up to 65% per year, according to Cognilytica.

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. AWS, on the other hand, provides robust, scalable cloud infrastructure.