Data extraction software has increased in popularity over the past few years, helping companies become more efficient with their daily activities. Some industries use data extraction software when validating and verifying data while others use it to simplify complex processes. No matter the end goal, data extraction software can prevent the big mistakes that manual […]
Losing Weight Without Spending 4 Hours at the Gym
e·qui·lib·ri·um /ˌēkwəˈlibrēəm,ˌekwəˈlibrēəm/ noun: equilibrium; plural noun: equilibria a state in which opposing forces or influences are balanced. The key to losing weight is to focus on inputs and outputs. If you are eating more calories than you are burning, you gain weight. If you are at a state of equilibrium, you maintain your current weight, […]
The 10,000-Hour Rule & IDP
In Malcolm Gladwell’s book “Outliers”, he popularizes the concept that to be great at anything requires at least 10,000 hours of practice. He argues, citing various studies, that the more research conducted into acknowledged high-performing individuals across many fields, the less innate talent mattered and the more critical was a near-ritualistic devotion to preparation and […]
When Revenue Cycle Management Goes Rogue
An interesting story of advanced analytics used not to fight fraud, but potentially to enable it, was highlighted when the Justice Department filed a civil complaint of fraud last week against both a health plan and its technology services provider. At the core of this complaint is the accusation that the technology services provider used […]
Are You Ready for Intelligent Document Processing? | Part 2: The Rise of Machine Learning
How can IDP software simultaneously push through both the complexity barrier and expand to more complex documents? Machine Learning, that’s how. Now, I won’t ever make the claim that machine learning is a magical silver bullet, but when it comes to the chore of crunching large amounts of data to identify patterns and optimal solutions, […]
Are You Ready for Intelligent Document Processing? | Part 1
Don’t call it “OCR” anymore. Intelligent Document Processing (IDP) or what analyst firm Deep Analysis calls “cognitive capture” is something well beyond the traditional approach of applying brute force OCR on documents in order to create searchable content. In fact, increasing OCR is not needed at all with more and more documents born digital. All […]
Catch Me If You Can – How AI Fraud Detection Software Transformed the Check Fraud Investigator’s Job
Catch Me If You Can – Today, AI-powered software can mimic human investigators, detect check fraud in milliseconds and stop the scam.
Fraud and Human Error Impact Health Insurers
Find out how cognitive capture can help eliminate the heavy toll of fraud and human error that impacts health insurers and patients.
Cognitive Capture: Is that training data any good? | Applied AI
The need for a data science approach where machine learning is applied to cognitive capture starts with high quality input data. Find out why.
Beware of Impostors: How to Tell If It’s Really Cognitive Capture
Here are some guideposts that are useful in evaluating the authenticity of an AI capture product – whether it’s really cognitive capture.
Magic of Machine Learning Applied to Automation: Are We There Yet?
The automation industry is on year-3 of its infatuation with everything machine learning and ‘unparalleled accuracy’ claims, what’s changed?
IDP: Machine Learning and the Training Required for Reliable Results
No machine learning to-date works with zero training, but advances to reduce the training required for reliable results are underway. Details here.