Cortical.io Contract Intelligence Wins AI TechAward
Practical Application of AI Saves Time and Money
20 August 2019 – We’re pleased to announce that Cortical.io Contract Intelligence has won the 2019 AI TechAward in the category: Natural Language Processing (NLP) Technology. The 2019 AI Tech Awards celebrates technical innovation, adoption and reception in the AI, Machine Learning & Data Science industry and by the developer community.
Cortical.io Contract Intelligence uses patented Natural Language Understanding technology to understand the meaning of whole sentences, paragraphs and provisions. This technology provides the capability to accurately extract and classify information in contracts. Other solutions using traditional Natural Language Processing (NLP), based mainly on keywords and statistics, have limitations that impact performance when processing more demanding extractions, classifications and interpretation of clauses.
“Cortical.io is a great example of the newest AI & Machine Learning technologies now allowing developers & engineers to build upon the burgeoning AI industry. Today’s cloud-based software and hardware increasingly runs on systems needing increased data and intelligence, and Cortical.io’s win here at the 2019 AI TechAwards is evidence of their leading role in the growth of the AI ecosystem,” said Jonathan Pasky, Executive Producer & Co-Founder of DevNetwork, producer of AI Dev World & the 2019 AI TechAwards.
The 2019 AI TechAwards received hundreds of nominations, and the Advisory Board to the AI TechAwards selected our product/technology based on three criteria: (1) attracting notable attention and awareness in the AI, Machine Learning & Data Science industry; (2) general regard and use by the developer & engineering community; and (3) being a leader in its sector for innovation. The 2019 AI TechAwards will be presented at the 2019 AI TechAwards Ceremony during AI DevWorld (Oct 8-10, 2019, San Jose Convention Center), the largest Artificial Intelligence, Machine Learning & Data Science conference with tracks covering NLP, Open Source AI, AI for the Enterprise, Deep AI, Neural Networks and more.
Contract Intelligence Webinar with Ovum and Cortical.io
September 25, 2019 | 11am EST | 5pm CETLearn how to save money and time with our award winning solution!
