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Tag: AI

AI is the megatrend that will shape the future

This year’s Handelsblatt AI Summit in Munich stands out from many others for attracting most of the industry’s leading AI scientists and professors from prestigious Max Planck and Alan Touring Institutes.  Strategic players from large multinational companies such as IBM, Bosch, Siemens and Alibaba also participated, each presenting a different perspective on how AI will overhaul the way we live and change the way we do business. Yet, despite the…

The Year of AI is finally here

In this blog post, which first appeared in UKTech News, ABBYY’s global VP Neil Murphy predicts a watershed moment for AI adoption in 2019. Here are his six AI predictions everyone should read. 1. In 2019, AI will move out of the boardroom and into the enterprise 2019 will see AI move from a top-level discussion to start impacting on day to day work in businesses of all shapes and…

5 AI Trends to Keep an Eye On in 2019

Artificial intelligence is trending high everywhere and more and more companies are joining the bandwagon. Banking on this trend, Tatiana Danielyan, ABBYY’s Deputy Director of R&D identifies 5 trends that show how artificial intelligence will help to power enterprise digital transformation journey in 2019. Trend #1. The scramble for datasets to teach algorithms for specific sectoral tasks will intensify. As AI adoption in enterprises matures, it is clear that whoever…

Customer Experience Trends for Enterprise Software Companies

In the digital age, customer experience has greatly expanded in scope. You need to know your customers so well that you can not only increase their loyalty but also encourage them to evangelize to others about you. This depth of knowledge comes from analyzing all touch points and channels across the entire organization. Digital transformation and customer experience Digital disruption and shifting customer expectations are creating markets where loyalty is…

The Impact of AI on the Legal Profession

As some of you might know – but most of you probably don’t – I am the lead author (along with three tremendous co-authors from the law firm of HoganLovells) of a recent article in the Yale Law School Journal of Law and Technology: Lola V. Skadden. Our article looks at the explosive, exponential growth of Artificial Intelligence (“AI”) and what the law as a profession along with individual lawyers…

So, What Should We Do With Contract Analytics?

Now that we have looked into the power of Contract Analytics as well as the features that we need to make it truly deliver upon the promise of content intelligence, what can we do with it?  We should probably start with the most critical pain points for General Counsel, Procurement and business unit leaders: Contract Discovery: In my experience, the first step of any contract analytics project is simply finding…