Your Trusted Partner for
Natural Language Processing Projects
Patented Approach to Natural Language Processing
10+ Years Industry Expertise
Trusted by Fortune 500 Customers
High Flexibility to Meet Customer Requirements
Solving the Challenge of Unstructured Data with a Unique NLP Technology
Since 2011, Cortical.io has helped out many top brands and Fortune 500 companies solve challenging use cases involving complex business documents like insurance policies, ISDA agreements, lease contracts, financial reports, emails with attachments, or social media posts. The variety of use cases solved with our expertise is as vast as the variety of industries served. What they all have in common: they involve highly unstructured documents that require understanding and interpreting the meaning of words and sentences in their context – a task where Cortical.io IDP software SemanticPro clearly differentiates from other intelligent document processing solutions and automation tools.
Cortical.io intelligent document processing solutions leverage a unique approach to natural language processing called Semantic Folding. Semantic Folding is a real differentiator in addressing the challenges of processing unstructured text as it enables to get accurate results with as little as one hundred annotated examples, even when the language is ambiguous, and the content is not standardized. In addition, it empowers business users to customize and train their models for other use cases, without the need for in-house AI experts.
October 2024
Cortical.io Ranked Among Leading Innovators Transforming the Insurance Industry
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With Cortical.io, enterprises can quickly implement a custom intelligent document processing solution and generate added value within a few weeks, limiting their risk and investment.
Customer Voices
“In production for over a year, we recently conducted an internal study that reported a decrease in the error rate of quotes generated by users and an overall improvement in quality by using Cortical.io.”
– Tim Harper, Head of Quote, UNUM Operations.
“Among the IDP vendors we evaluated, Cortical.io stands out for its ability to accurately process complex provisions and its user-friendly, no-code interface.”
– Christopher Howley, Head of Group Life & LTD Reinsurance, VP, Swiss Re America.
“The proof of concept performed by Siemens showed that Cortical.io natural language processing technology with its domain-specific semantic language space was able to achieve significantly better search results in the area of taxes than keyword-based search engines. It has the potential to become a key technology for semantic use cases.””
– Darja Meyer, Head of Tax Tech Lab Germany, Siemens AG.
“In the world of patient safety, most researchers had been skeptical about the value of social media because it seemed so difficult to mine for insights. But this project showed natural language processing could definitely yield results.”
– Brian Dreyfus, Epidemiologist, Bristol Myers Squibb worldwide safety department
Industry Recognition
“The InsurTech100 list for 2024 recognizes Cortical.io for addressing some of the industry’s most critical challenges by enhancing the accuracy and efficiency of underwriting processes and improving customer service. Cortical.io’s meaning-based technology impressed the jury, earning its place among the most innovative solution providers in the insurance industry.”
– Richard Sachar, FinTech Global CEO.
Gartner includes Cortical.io as a Representative Vendor in 2022 Gartner® Market Guide for Intelligent Document Processing (IDP)*
“Cortical.io has developed an innovative AI technology based on a natural language understanding (NLU) approach to interpret and process human language text. In recent years deep learning has been used successfully to improve the quality of natural language processing (NLP) such as Amazon Comprehend and Microsoft Azure cognitive services. But these rely on the massive computational power of those industry giants. With its lower computing requirements, Cortical.io is potentially accessible to more markets and application”.
– Alan Pelz-Sharpe, Founder & Principal Analyst at Deep Analysis.
“Cortical.io was recognized for its AI-based core technology that allows information to be extracted from large volumes of unstructured documents. This has shown to drive automation, make workflows more efficient, and reduce time and costs.“
– #IDEAward 2021
“Contract Intelligence is used by Fortune 500 companies to reduce document processing costs and meet critical deadlines, while obtaining valuable insight about the information hidden in their contracts,” said Bryan Vaughn, managing director of LegalTech Breakthrough. “We are proud to honor Cortical.io with the ‘Overall Contract Automation Solution of the Year’ award for its innovative AI-backed technology solutions”.
– Bryan Vaughn, Managing Director, LegalTech Breakthrough.