2020-10-12World-class synthetic intelligence software program of Text IQ and distinctive service supply mannequin of ProSearch will create value certainty and predictability round doc evaluation prices for enterprise clients.
LOS ANGELES and NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) — ProSearch, a high supplier of discovery and superior technology-assisted evaluation options to company authorized departments, and Text IQ, the main synthetic intelligence platform to scale back danger, time and operational prices in privilege and privateness evaluation, introduced right this moment their strategic partnership. The collaboration guarantees to deliver complete and compelling options to Global 2000 enterprises, serving to in-house counsel mitigate danger in circumstances reminiscent of privilege evaluation, PI detection and auto-redaction. Text IQ’s distinctive machine studying know-how will prolong the worth certainty and predictability in doc evaluation that ProSearch purchasers get pleasure from by introducing further reductions in operational prices of as much as 50%.
“Our partnership with Text IQ allows us to offer clients AI-driven technology that perfectly complements our service delivery model, innovative workflows and deep expertise in deriving insights from data,” says Matt Davidson, director of shopper providers at ProSearch. “Text IQ will enable ProSearch to effectively manage not just a single use case like privilege review automation, but an entire portfolio of cases ready for improvements like CCPA compliance. Our specialists went through an extensive training and certification program at Text IQ and are now ready to work with our clients to automate the expensive and time-consuming parts of discovery, helping them improve legal and business outcomes.”
With its company Enterprise providing, ProSearch reimagines the traditional strategy to answer design and repair supply by working as a part of shopper discovery groups. Data is not merely collected and processed for single issues; somewhat, constant workflows and value-driven options are carried out to enhance effectivity in a extra holistic manner. Source knowledge is repurposed, and reusable knowledge belongings are created with the data and perception the staff acquires and carries throughout issues.
“Text IQ is a recognized leader in artificial intelligence with its innovative approach to creating a layer of structured data on top of risky, unstructured data, such as emails and chat messages, where privileged and sensitive personal information can easily get missed,” states Greg Palm, authorized trade veteran and former common counsel of Goldman Sachs. “The combination of Text IQ’s proprietary AI software and the ProSearch service delivery model should achieve greater efficiency and cost predictability in what has long been regarded as a largely unpredictable and volatile cost center.”
“I am excited about our partnership with ProSearch, a company that has long been regarded as a pioneer among discovery service providers,” feedback Omar Haroun, Text IQ co-founder and COO. “ProSearch is the first provider to be fully trained and certified on Text IQ. Together we can help enterprises untangle the risky mess created by unstructured data.”
Text IQ’s software program maps language and folks right into a Social Linguistic Hypergraph™ and runs machine studying on high of that to grasp that means, roles and relationships. Its platform, the AI Brain, automates this understanding of context at scale, using steady, human-reinforcement enter that improves its accuracy over time.
With a historical past of collaboration for a number of Global 2000 clients, Text IQ and ProSearch have constructed a novel synergy combining Text IQ’s software program’s capability to automate the identification and evaluation strategy of privilege and PII and ProSearch’s experience in creating workflows to drive important worth and value financial savings to their mutual clients.
Text IQ and ProSearch are teaming up for a brand new webinar, “Bringing Predictability to an Unpredictable Cost Center: Document Review,” on Thursday, December 10, at 2:00 p.m. EDT. Panelists will share extra about how the 2 organizations are collaborating to assist company enterprise clients enhance outcomes.
ProSearch permits firms and legislation corporations to fulfill digital discovery, fraud investigation, compliance and knowledge governance necessities at scale with precision and ease. The ProSearch staff of consultants, knowledge scientists, linguists, undertaking managers, attorneys and discovery specialists collaborate with purchasers to execute their matter methods and guarantee on-target, on-budget, on-time supply. Learn extra about options and careers at ProSearch by visiting Prosearch.com.
About Text IQ
Text IQ leverages the newest in unsupervised machine studying, graphical modeling and deep studying to create AI options to establish and defend delicate info for the world’s largest enterprises. Our applied sciences are utilized inside privateness, authorized and compliance departments in nearly all main industries spanning the Global 2000, uncovering latent danger buried in unstructured knowledge and offering safety from crises.
Edge Legal Marketing