Straive’s Intelligent Document Processing (IDP) Capabilities Featured In ISG’s Provider Lens Intelligent Automation - Solution and Services Report 2022
Turning Unstructured Data into a Business Growth Driver
Straive's ESG Solutions
Data Solutions Overview
Introduction to Unstructured Data Solutions
Along with many others, your business is most likely dependent on or storing data —80% of which is unstructured data— that does not fit into a pre-defined format and is text-heavy, image-, or audio/video-based.
With the world generating almost 2.5 quintillion bytes of data every day and out of which only 20% is organized, you are missing an immense opportunity to derive, manage, and drive actionable insights from your unstructured data and stay ahead of the competition.
It is estimated that unstructured data is growing at 55%-65% every year. With the right talent and technology, Straive can help in data extraction and intelligent document processing and create solutions perfectly tailored to your business objectives.
Straive featured
in ISG Provider Lens™ Intelligent Automation Solution & Services
Why Companies Need an Unstructured Data Solution
Unawareness
Companies are unsure about the size and source of unstructured data.
Inability to manage
Traditional data and analytics solutions cannot deal with mining unstructured data of varying structure and complexity.
Use of manual processes
Unstructured data mining and data extraction using manual procedures are expensive, time-consuming, and have limited scalability.
Skewed results
Unstructured data is accompanied by noise and quality issues, often leading to distorted or inconsumable results.
How can Straive Help?
Our intuitive platform, built with the best-in-class AI and ML technologies for data extraction, data enrichment, and analysis of unstructured and alternative data, can help companies in three significant ways:
Text Intelligence
Our Text Intelligence solutions use cognitive technologies to extract, enrich, and deliver data and actionable insights from unstructured data that sits on text-heavy documents and formats, such as text PDFs, emails, word files, and scanned PDFs. As a result, we enable intelligent document processing with better accuracy, speed, and at scale.
Public Intelligence
Our data platform comes with pre-built connectors for regulatory websites, corporate registries, government publications, company websites, patent organizations, and other unstructured data sources. In addition, it can be automated and can monitor websites for any changes or new information in real-time.
Visual Intelligence
Straive’s Visual Intelligence solutions leverage computer vision technology to transform how visual content is processed and consumed. We help clients creating information, recognize objects and entities, classify images, develop patterns, and identify gestures and faces/persons at an industrial scale.
How does it work?
- Straive Data Platform (SDP) identifies and extracts alternative, unstructured data from various sources such as websites, emails, PDFs, images, and blogs, by applying a standard set of configurable connectors.
- The data is automatically transformed and enriched based on the client’s needs using AI-driven data intelligence platforms.
- Specialists then curate the content through a human-AI combination process for various outcomes.
How Can This Benefit Your Company?
Gives you a competitive advantage
Combining unstructured data with traditional structured data creates new information and insights —keeping you closer to your clients' needs and one step ahead of the competition
Helps unlock actionable insights from unstructured data
Analyzing unstructured and alternative data helps identify new trends and hidden patterns—highlighting new areas of opportunities
Results in cost savings
Through their automated, platform-led approach to processing unstructured and alternative data, organizations can reduce their cost of operations anywhere between 30% and 60%
Reduces time to market
By reducing data latency and turnaround time from ingestion to delivery, unstructured data offers the products supported by the underlying data a faster entry into the market.
Industry
Technology
We have deep expertise in making sense out of unstructured data. SDP employs artificial intelligence and machine learning, combined with human expertise, to provide differentiated levels of data accuracy, quality, and automation.
Insights
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