Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, January 27 2022 - 15:30
AsiaNet
Straive's Intelligent Document Processing (IDP) capabilities featured in ISG's Provider Lens(TM) Intelligent Automation -- Solutions & Services US Report 2021
SINGAPORE, Jan. 27, 2022 /PRNewswire-AsiaNet/ --

Straive (erstwhile SPi Global), a market leader in technology-driven EdTech, 
content, and data solutions, has been named a contender by a leading global 
technology research and advisory firm Information Services Group (ISG) in its 
Provider Lens(TM) Intelligent Automation -- Solutions & Services US Report 
2021. Straive has been recognized in the report for its document processing 
solutions, enabling automated extraction, interpretation, classification, and 
handling of digitized documents faster and at scale.

Logo - https://mma.prnewswire.com/media/1486326/Straive_Logo.jpg 

ISG Provider Lens(TM) is a practitioner-led service provider comparison. Its 
research reports provide independent vendor evaluations and enterprise buying 
behavior segmentation.  

Straive's IDP capabilities are backed by its proprietary unstructured data 
platform, Straive Data Platform (SDP), built on a microservices-based 
architecture with customizable data extraction, enrichment, transformation, and 
delivery modules. Straive's document processing solutions employ cognitive 
technologies to automate data extraction, enrichment, and transformation and 
deliver actionable insights from text-heavy documents in any format, such as 
text PDFs, emails, word files, and scanned PDFs. 

Straive has set up a dedicated R&D unit called Straive Innovation Labs to 
integrate next-generation solutions into its SDP offerings continuously. 
Straive's customers benefit from flexible commercial models, including 
output-based pricing per document, where it manages both the operations and 
technology.

On the feature, Ratan Datta, President and CEO, Straive, said, "The rising 
demand for processing voluminous semi-structured and unstructured documents 
with greater accuracy and speed has catalyzed the need for better and automated 
document processing. Straive's feature in the ISG Provider Lens(TM) report is a 
testament to our capabilities in the IDP space. Through a fine blend of subject 
matter expertise, latest technologies like AI, ML, and a keen focus on R&D, 
Straive Data Platform continues to serve customers across a wide range of 
industries, including Finance, Research & Lifesciences, Real Estate, and Legal 
& Regulatory."

The ISG report noted, "As a platform-based and automation-driven data company, 
Straive is actively working to strengthen its SDP solution to support more 
document formats, complex use-cases, and broaden industry coverage to include 
insurance, healthcare, and pharma."

Straive differentiates itself with a focus on solving industry use cases 
requiring domain expertise backed by a team of more than 500 SMEs across 
various disciplines such as life sciences, chemistry, biomedical, 
sustainability, legal, financial services, etc. Its deep expertise enables 
Straive to achieve a significantly higher level of automation in complex use 
cases and leverage SDP as an enabler to drive business outcomes.

To read the full report, Click Here ( 
https://www.straive.com/analyst-recognitions/straives-intelligent-document-processing-intelligent-automation-solutions 
).

About Straive ( https://www.straive.com/ ) (erstwhile SPi Global) 
Straive is a market-leading content technology enterprise that provides data 
services, subject matter expertise (SME), and technology solutions to multiple 
domains such as research content, e-Learning/EdTech, and data/information 
providers. With a client base scoping 30 countries worldwide, Straive's 
multi-geographical resource pool is strategically located in eight countries: 
Philippines, India, USA, China, Nicaragua, Vietnam, United Kingdom, and the 
company headquarters in Singapore.

For media queries, contact Kshitiz Ahuja, Lead-Brand and PR 
(kshitiz.ahuja@straive.com) 

SOURCE:  Straive (erstwhile SPi Global)

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