Datamatics skyrockets 10 per cent; heres why!
Datamatics has its own platform called TruAI, which is a comprehensive artificial intelligence and cognitive sciences solution.
Datamatics recently announced that it has been recognised in Gartner Hype Cycle for Natural Language Technologies, 2021 under Text Summarisation & Intelligent Document Processing (IDP). The report is authored by analysts Adrian Lee, Bern Elliot, Anthony Mullen, and Stephen Emmott. Datamatics Global Services is a global digital solution, technology, and BPM company.
This is the second year in a row that Datamatics has been named for Text Summarisation in this Hype Cycle research and the first time for Intelligent Document Processing (IDP). According to the report, “Recent advances in artificial intelligence and machine learning have enabled innovative approaches & advances in the field of natural language technologies. This report will assist IT leaders in assessing how and where these new opportunities & methods can best be applied.”
Datamatics has its own platform called TruAI, which is a comprehensive artificial intelligence and cognitive sciences solution. It helps enterprises leverage use cases related to pattern detection, text, and data mining. It enables enterprises to extract intelligence from high volumes of data which entails structured, unstructured, and multi-structured data from a variety of diverse sources.
Datamatics TruCap+ is an AI-enabled intelligent document processing (IDP) product that allows enterprises to realise faster time-to-value and achieve greater straight-through processing (STP) with accuracy.
Datamatics Global Services Ltd is a global provider of information technology (IT), business process management (BPM) & consulting services. The company provides business aligned next-generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies.
The share price of Datamatics Global Services jumped by more than 10 per cent to record a fresh 52-week high of Rs 346.50 per share on Monday.