RAVN Systems, experts in Artificial Intelligence, Enterprise Search and Knowledge Management solutions, is pleased to announce they have won the ‘Supplier Innovation – Technology Award’ at Legal Week’s Innovation Awards.
RAVN won this award due to their revolutionary Artificial Intelligence robot, RAVN ACE, a cutting edge Artificial Intelligence solution which reads, interprets and extracts specific information from documents. It converts unstructured data into a structured output, in a fraction of time it takes a human – and with a higher degree of accuracy.
This technology has already proved successful as international law firm Berwin Leighton Paisner (BLP), won the award for ‘Best Use of Technology’ at the British Legal Awards 2015 as well as the ‘Modernising Legacy Systems’ award at the Ovum Industry Awards.
RAVN Systems also won ‘Best Enterprise Start-up 2016’ at the Techies Awards for their success with the ACE robot.
Peter Wallqvist commented, ‘We are delighted to win another award and our continued success with our ACE Robot. The use cases for RAVN ACE are virtually unlimited. In addition to law firms implementing a variety of automated review processes, RAVN is working with organisations from the Media, Telecoms, Professional Services and Financial Service sectors to revolutionise their handling of unstructured data. Use cases include automated Due Diligence, Document Review, Contract Assurance, Governance and Financial Instrument processing”.
Legal Week’s Innovation Awards celebrate creative excellence in the legal profession with the ceremony being held in London on 27 May 2016. For more information please visit: http://www.thelegalinnovationawards.com/static/home