Indico and UiPath team up to solve unstructured content challenges
Indico, a provider of enterprise AI solutions for intelligent process automation, has formed a strategic partnership with UiPath, a provider of enterprise Robotic Process Automation (RPA) software. The collaboration targets the challenge of automating workflows that involve large amounts of unstructured content such as documents, emails, text, and images that make up more than 80% of the data at most enterprises.
As a certified UiPath partner, Indico is now available to users on UiPath Go. Documents and other unstructured content can be automatically routed to Indico where it is translated into structured content and returned to UiPath for execution of business rules downstream. The integration is accessed through a REST API and deployed within customers’ existing infrastructure. Sample use cases include business processes involving contract analytics, audit planning and reporting, RFP analysis and composition, sales opportunity workflow automation, customer support analysis and automation, appraisal and claims analysis.
Unlike traditional approaches to unstructured content that generally involve some combination of OCR templates, rules, regex, or taxonomies, Indico’s approach uses transfer learning to build custom models known as “docbots” which can be trained on fewer than 200 examples. These docbots are able to perform custom classification, extraction and transformation tasks on unstructured content to help customers automate critical business functions in conjunction with UiPath’s industry-leading RPA solution.
“The next wave of automation involves the ability to understand and make automated decisions about unstructured content in the enterprise," said Tom Wilde, CEO of Indico. "Working with UiPath, we are providing users with the ability to bring those same time and cost savings to critical business processes that are dependent on content such as text, images, documents and emails, which has been very difficult to automate.”
“The Indico AI-based software offers significant value to our customers looking to gain more insight and intelligence from their unstructured content so that they can action this information through automation," added Dave Marcus, vice president of strategic product technology alliances at UiPath. We have already worked together in various co-selling engagements.”
For more information, visit https://indico.io and www.uipath.com.