Artificial Intelligence Insurance Intelligent Document Processing Why AI is Required for Transformative Insurance Claims Automation July 22, 2021 by adamdev Carriers know that insurance claims processing is costly mainly because it has traditionally required lots of human resources to examine and process all the required documents and images. There is, however, a viable, transformative solution: using a combination of robotic process automation (RPA) and artificial intelligence (AI) in the form of intelligent process automation to […] Read more Ā»
Artificial Intelligence Insurance Intelligent Document Processing 3 Ways AI Solves the Unstructured Data Problem in Property & Casualty Insurance July 15, 2021 by adamdev From claims processing to underwriting, the property & casualty insurance business is driven by documents, the vast majority of them of the unstructured variety. Companies that find ways to automate processing of property & casualty insurance documents can transform their businesses and get a leg up on the competition, including insuretech startups. To date insurance […] Read more Ā»
Artificial Intelligence Intelligent Document Processing Intelligent Process Automation Machine Learning 3 Reasons Document Process Automation Solutions Fail with Unstructured Content July 13, 2021 by adamdev When we talk to customers about how they can use the Indico Intelligent Process Automation platform to automate processes involving even unstructured content, weāre often met with disbelief. Responses along the lines of, āYeah, weāve tried tools like yours. They didnāt work,ā are common.Ā Itās understandable because many companies have indeed been burned by legacy […] Read more Ā»
Citizen Developer Intelligent Document Processing Intelligent Process Automation 3 Reasons Citizen Developers are Crucial to Digital Transformation Efforts May 10, 2021 by adamdev Companies around the globe are deep into digital transformation efforts aimed at increasing overall corporate agility and digitizing nearly every aspect of their business. Such efforts include automated document processing, for which itās becoming clear that ācitizen-led developmentā is increasingly important. The globalĀ digital transformation market is projected to growĀ from $469.8 billion in 2020 to $1,009.8 […] Read more Ā»
Artificial Intelligence Intelligent Document Processing Intelligent Process Automation Defining Hyperautomation and Its Relationship to Intelligent Document Processing May 6, 2021 by adamdev Gartner recently released its forecast for the hyperautomation market, predicting it will reach $596.6 billion in 2022. That prompted us to address a question that has been confusing automation platform buyers and business process owners for some time: what exactly is hyperautomation? Simply put, hyperautomation is an umbrella term Gartner used to refer to many […] Read more Ā» citizen developers Gartner Gartner hyperautomation Intelligent automation
Intelligent Document Processing Intelligent Process Automation Intelligent Document Processing has a Data Problem April 28, 2021 by adamdev Intelligent automation has a data problem. That is, it typically takes enormous quantities of data to effectively automate processes that involve unstructured content. But there is a solution, and it involves intelligent document automation platforms that make effective use of artificial intelligence (AI) technologies including deep learning and transfer learning. The problem with unstructured content […] Read more Ā»