Pre-trained AI models can improve data-intensive business operations

As the automation market continues to evolve, i3systems is dedicated to serving customers’ needs and making their life simpler. Businesses around the globe are deploying automation solutions to accelerate their digital transformation journey to streamline workflows and business processes.

Even in today’s world, where businesses are more open in adopting AI & digital technologies, 90% of an organisation’s data is unstructured in the form of text, images, videos, PDFs, electronic data, handwritten documents and so on. This makes it difficult for an organisation to process the data timely and accurately. That is where AI & automation step in to help businesses analyse and process data in no time and make smart business decisions.

Today for many organisations, time is money. With i3systems’ intelligent automation platform, PowerAI, businesses can extract, standardise and validate unstructured, semi-structured or even structured data, leading to faster & accurate processing. For instance, one of the leading insurance providers in India optimised their claims processing with i3claim solution powered by PowerAI platform. As a result, the insurer was able to save 10,000+ manual hours and reduced the claims processing time from avg — 3–4hrs to under 30 min.

This would not have been possible without Artificial Intelligence. AI enables machines to perform tasks faster and with a capability similar to human intelligence. Business application of AI is also limitless, and due to the COVID-19 pandemic, the rate of AI adoption has significantly increased, especially in India. But as easy as it sounds, deploying AI has its own challenges and can be daunting, time-consuming, and expensive. Many businesses still don’t have a clear strategy to deploy AI and struggle to identify areas to implement AI.

i3systems’ PowerAI platform comes with various pre-trained AI models that can be deployed in little time and need no training. These pre-trained AI models leverage AI to speed up data processing irrespective of the template and can be tailored as per the need of the respective business functions. For instance-

DataMD- This model is used for performing medical data extraction, standardisation and intelligence on diagnostic reports and discharge summaries from any diagnostic centre or hospital.

InvoiceBot- It performs line-by-line extraction of invoices irrespective of their format. It can also identify the expense category of each item as required in the audit or adjudication of expenses.

DocuID- It works on the visual, textual and semantic information given in documents to identify and process information. It can be used not just for structured documents for verification/KYC processes but also to process unstructured documents such as agreements, policies, etc.

With our pre-trained AI models available on the go, businesses can streamline their manual and data-intensive processes in no time. These models can provide faster turnaround time and better ROI, especially when a business is not looking to build a solution from scratch and doesn’t want to spend on specialised resources to manage solution development.

Know more about our PowerAI platform and schedule a demo now- https://www.i3systems.ai/get-demo.html