Our recent looks at eDiscovery and related AI and analytics alerted us to this. Accenture's connection would seem to indicate seriousness of these efforts. It is a very obvious space for advanced natural language processing, analysis and cross referencing with current and future contexts.
Legal analytics: Accenture applies NLP to analyze contracts and liabilities
To find specific information in a million-plus contracts, the global professional services company turned to natural language processing and AI, launching a legal analytics hub in the process.
By Thor Olavsrud in CIO
Organizations steeped in text documents have an ally in their quest to streamline business processes. Natural language processing, a branch of AI focused on communication, is helping companies such as Accenture surface high-value information and cut costs by bringing text-based, unstructured communications into the machine learning age.
With more than a million contracts in its records system and thousands more added monthly, Accenture’s legal organization of about 2,800 professionals was struggling to find specific information across contracts, thanks to a tedious, costly process for which detailed cross-document search capability was limited. ... "
Showing posts with label Liabilities. Show all posts
Showing posts with label Liabilities. Show all posts
Friday, April 24, 2020
Thursday, January 09, 2020
Data Valuation Perspectives
Have had several journeys into the valuation of data and its treatment as an asset (or liability). Another article on the topic has come up in The Berkeley Artificial Intelligence Research Blog that is worth looking at, in particular from a machine learning perspective. Technical but of value to look at. What is My Data Worth? – in Berkeley AI Blog By Ruoxi Jia
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