20 April 2019 | The FreePress Journal | TextSense: Platform by AlgoAnalytics poised to be a game changer in enterprise data |
Pune based AlgoAnalytics Pvt. Ltd founded in 2009 by Aniruddha Pant and ably backed by a team of data scientists has revolutionized enterprise data analytics by developing a platform called TextSenseTM that analyses data in its digital form.
With state-of-the-art machine learning models running in the background, this novel platform, TextSenseTM offers an exhaustive list of features to users across multiple domains. TextSenseTM is powered by Deep Learning.
TextSenseTM differentiates itself from other products in the market by the amount of flexibility in customization and continuous support it offers. TextSenseTM deployments are available on public cloud, on private cloud or on-premise desktop-based deployments. This platform has been designed and developed to providing easy customization for every domain. For text analytics the key requirement is digitization of documents in readable format. TextSenseTM input layer has functionality like Optical Character Recognition, Handwriting Recognition and Speech2Text which enable painless digitization of enterprise information. Inbuilt functionalities can be deployed to derive meaningful information in quick time. This saves the user time and energy, which can be better employed in core functions. It covers topic modelling, sentiment analysis, document clustering, keyword extraction, text summarization, Question answering routine and much more. The software can be hosted on premise or on cloud depending on the business need and can be accessed in an easy to use REST API format. Since most of the generic software is not trained to infer the meaning of domain specific text, the accuracy and the performance are impacted. Additionally, organizations can also leverage the 3-axis customization option – customize for the domain by building models trained on specific domain text corpus; tweak the techniques running at the back – for example using NER Sentiment techniques which can be leveraged differently for a restaurant review or business analytics news review; and third it can be integrated in corporate tools depending on the business need – such as an email plugin, REST API or web applications. AlgoAnalytics’ AI platform, TextSenseTM, can be leveraged for Law firms, Pharmaceutical organizations, Retail, Healthcare and the BFSI domain.
Sharda Bapat – Head of Healthcare Analytics in the company opines “Machine learning has the potential to democratize healthcare and is akin to how the advent of the internet democratized information.”
Aniruddha Pant the Founder Director and CEO while recounting the journey of his company from its inception to the present day says -that while the company was initially involved in developing algorithmic trading strategies, over the years it has evolved and forayed into the world of Data science, Machine Learning and AI. He says, “Our vision is to be a One Stop AI Shop for clients in India and outside India. We plan to focus more on Financial Services, Retail and Healthcare.”
The TextSenseTM platform is accompanied with training support, integration/upgradation support and need based onsite data scientist support. This helps its customers derive maximum value to utilize it with optimum efficiency.