KO Client Seasats Raises Strategic Investment from L3Harris Technologies

KO client Seasats, a maritime startup, recently announced that it has accepted a strategic investment from L3Harris Technologies, a global aerospace and defense technology innovator.

With the investment, Seasat’s autonomous ocean vehicles will partner with L3Harris products to create innovative maritime solutions for customers in the commercial and defense sectors.

In the press release, Seasats CEO Mike Flanigan says, ““When you take the network and organizational expertise that L3Harris has, and then add our unique platforms and fast-moving startup culture to the mix, you end up with really formidable capabilities. The timing, too, couldn’t be better. Maritime autonomy has been maturing for a decade and rapid growth in offshore wind and aquaculture combine with a renewed push by the Navy to make a perfect springboard for scaling.”

The KO team of Kevin Gibson, Jon Taylor, Brad Schoenfeld, John Kyed, and Caitlyn Knudson represented Seasats in the financing.

Read more in the press release.

See the original post here.

KO client Fermyon recently announced that it has raised $20 million in Series A funding. Fermyon is pioneering the next wave of cloud computing with the first cloud-native WebAssembly platform as a service (PaaS) that lets developers build better microservices faster.

The funding will be used to productize Fermyon and to continue to invest in serving the developer community. Insight Partners led the round with participation from previous investors Amplify Partners, Tyler McMullen (CTO of Fastly), Grant Miller (CEO of Replicated) and Marc Campbell (CTO at Replicated) and new investors.

In the press release, Michael Yamnitsky, Managing Director at Insight Partners, says, “Like Docker did years ago with containers, we believe Fermyon will radically simplify software delivery with WebAssembly. We couldn’t be more excited to partner with them as they pioneer the next wave of cloud computing.”

The KO team of Jennifer Rosenthal, Dan Fredrickson, Ryan Sykora, and Logan DeSouza represented Fermyon in the financing.

Read more in TechCrunch and Fermyon’s press release.

See the original post here.

Thursday Sept 15: KO Hosts Data Privacy Education Event

State legislatures across the country have been proposing and enacting comprehensive privacy bills that will begin to take effect on January 1, 2023. Without a doubt, 2023 is guaranteed to be a foundational year for privacy compliance.

Register to Attend In Person or Online

Thursday, Sept. 15
1-5 p.m. MT followed by a cocktail hour

Join IN PERSON at KO’s Denver Office: 999 Eighteenth St., Lobby Conference Room (Vaccination required)

Join ONLINE via Zoom (link provided after registration)

Follow Link to Register Now: https://kofirm.com/thursday-sept-15-ko-hosts-data-privacy-education-event

Agenda

KO’s data privacy experts Chris Achatz, Erin Locker, Malia Rogers, and Sahara Williams will share how these privacy law developments may impact your company, timing for provisions that are going into effect and actionable steps your business can take to prepare.

• Session 1 – Key changes under upcoming U.S. privacy laws
• Session 2 – Practical tips to modify your privacy policy
• Session 3 – How to handle consumer requests and consent management
• Session 4 – Best Practices to modify your data processing addendum

See original post: https://kofirm.com/thursday-sept-15-ko-hosts-data-privacy-education-event

SOFTWAREcolorado Releases New Track-based Programming for Local Software and SaaS Leaders

Upcoming events to represent six functional leadership areas with high-quality, relevant content led by top subject matter experts

BOULDER, Colo., September 13, 2022 -- SOFTWAREcolorado, the only software/SaaS industry organization for Colorado tech leaders, today announced its upcoming event lineup and new track-based program. In the new programming, each track covers a key functional leadership area for Software/SaaS companies including CEO, Product/Technology, Finance, HR, Marketing/Sales and Law. SOFTWAREcolorado will host three programs annually for each track - for a total of at least 18 programs.SOFTWAREcolorado programs are open to members and Software/SaaS leaders within the Colorado community across all leadership functions.

SOFTWAREcolorado is an exclusive membership organization dedicated to providing knowledge, connections and an ecosystem for Colorado companies that rely upon software as a core component of their business. Event attendees can expect programs led by credible experts from diverse backgrounds.

The next two programs are open for registration (attendees must be a member or a prospective member who is a software/SaaS leader at a company that has not attended a program recently):

Marketing/Sales:

RevOps: September 21, 5 p.m. - 7 p.m. Mountain (Virtual Program)
Join to discuss best practices for setting up an effective RevOps Strategy: https://softwarecolorado.silkstart.com/events/202223-marketing-track-program-1-revops

Finance:

Building A World Class Finance Team: September 22, 8 a.m. to 10 a.m. (Denver):
Join a high impact discussion with finance-focused leaders to explore the keys to building a world-class finance function within your organization:
https://softwarecolorado.silkstart.com/events/202223-finance-track-program-1-building-a-world-class-finance-team

“A track based-approach ensures that members have access to well-rounded programming that represents each of the key leadership functions at a software organization,” said Richard Bass, founder of SOFTWAREcolorado. “We’re thrilled not only to add dedicated tracks to our schedule but to ramp up our events schedule for the years ahead. SOFTWAREcolorado programming is focused and interactive. It provides Colorado-based software leaders with an outlet for promoting peer-based learning that sparks future innovation and success.”

About SOFTWAREcolorado

SOFTWAREcolorado is the only SOFTWARE/SaaS-focused industry organization in Colorado. Its mission is to be the premier community of like-minded individuals with a common purpose – to run and grow businesses as successfully as possible by networking and engaging on the most important topics of the day.

SOFTWAREcolorado’s primary objective for over 20 years has been providing an engaged and supportive community for busy industry executives and leaders to network, collaborate, solve critical business challenges and develop their careers.

Learn more about SOFTWAREcolorado: [http://softwarecolorado.com/]

SOFTWAREcolorado Contact:
Terri Douglas
Catapult PR
tdouglas@catapultpr-ir.com

Nylas Teams Up with Stripe to Bring the Nylas Email App into the Stripe Dashboard

Today, we proudly announce the partnership between Nylas and Stripe, streamlining customer support workflows by enabling email functionality with bi-directional sync.

View and send emails directly from the Stripe Dashboard for both shared and private email accounts

Today, we’re excited to share the launch of Email by Nylas, one of the first apps in the Stripe App Marketplace.

The Email by Nylas app brings email communication directly into the Stripe Dashboard, streamlining customer support workflows by enabling email functionality with bi-directional sync. Any emails sent from the Stripe Dashboard appear in the user’s email client (Gmail, Microsoft Exchange, etc), and emails sent from the email client can appear in the Stripe Dashboard.

As a leading financial infrastructure platform for businesses, Stripe’s mission of improving the GDP of the internet goes hand-in-hand with Nylas’ mission of helping developers access communications data. Both companies are looking to accelerate new business opportunities, improve workflows, and increase customer engagement.

Improving efficiency and reducing context switching for customer-facing users

Small business owners and customer facing roles, such as customer support reps, have to manage a plethora of tools, from email, to calendar, VoIP systems, CRMs, and more. Juggling all of these tools creates a large amount of context switching which reduces productivity and leaves room for human error to be introduced.

The app allows all customer-facing Stripe users to reduce context switching and improve efficiency of support workflows, like processing refunds, billing disputes, and other product quality related outreach that relates to billing. The best part? The app is free to all Stripe users.

With this new release you can:

1. View all inbound and outbound emails for a particular customer on shared and private email accounts. The main page shows the top five threads, and then the user can click to “View All” or “Search.”

Once the user selects a particular customer, the Nylas Email app pulls in all the details associated with that customer, including all previous conversations and billing information.

2. Reply or forward emails to customers directly from using a shared or private email account

3. Compose new emails and send to customers

You can get started with the Email by Nylas app for Stripe today by installing it here. If you have questions, comments, or feedback, please send it to support@nylas.com.

We couldn’t be more excited to be working with Stripe, and look forward to helping support their mission to improve the GDP of the internet. 

About Stripe 

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Headquartered in San Francisco and Dublin, the company aims to increase the GDP of the internet.

About Nylas

Hundreds of thousands of developers around the world use Nylas to easily access this communications data and put it to use quickly in order to inspire innovation, customer engagement, and digital transformation at scale. With Nylas, developers at innovative companies like Upwork, Wix, Freshworks, Lever, Dialpad, and Ceridian get universal access to rich communications data, intuitive APIs, open-source UX components, advanced AI/ML-based high volume ETL capabilities, and comprehensive security features to create meaningful and innovative products, workflows, and experiences for customers and employees.

See original post here.

Smarter Sorting Raises $25 Million Led By G2 Venture Partners and Names Jacqueline Claudia CEO, to Improve Sustainability for Consumer Brands and Retailers 

Smarter Sorting helps retailers and consumer brands meet regulatory, governance and environmental standards to deliver on the promise of sustainability

AUSTIN, Texas and BOULDER, Colo., March 23, 2022 -- Smarter Sorting, a consumer goods data and sustainability company, today announced it raised $25 million in a funding round led by G2 Venture Partners. The company also promoted CPG industry expert and entrepreneur Jacqueline Claudia as its new CEO. Claudia replaces former CEO, Chris Ripley.

The new fundraising round is led by G2 Venture Partners, along with existing investors. The investment will help Smarter Sorting accelerate its technology roadmap, scale its business operations and better serve its growing list of 24 national supermarkets, warehouse clubs and big-box retail customers, including Costco, Wegmans and Albertsons Companies, and more than 1,600 consumer brands.

Retailers and brands need answers on how to handle millions of products – from cosmetics, cleaning products and deodorant to dietary supplements, pills and paint – to do the right thing amidst the complexity of growing regulations and sustainability goals. Is it flammable? Is it corrosive? Does it have to be treated as regulated waste, or could it be donated or recycled?

Smarter Sorting is the first company to use data science to give retailers and brands instant and accurate answers on how to better make, market and move consumer products. Decisions come from its Product Intelligence Platform and the world's most complete set of physical attributes, chemical composition and classification rules - with over 456 billion data points - on millions of regulated consumer products. By instantly mapping product data to regulatory and handling data, the platform helps customers reduce their environmental impact, remain compliant and avoid fines.

"Smarter Sorting is the only company creating intelligent datasets that connect the chemical and physical properties of products with growing local, state and federal regulations for improved sustainability," said Daniel Oros, a partner at G2 Venture Partners and Smarter Sorting board member. "Our investment in Smarter Sorting perfectly fits our mission to invest in emerging technologies that drive sustainable transformation across traditional industries."

Jacqueline Claudia Assumes Role of CEO

Claudia joined Smarter Sorting in 2020 as CRO, delivering 3x growth. She was previously founder and CEO of the award-winning sustainable consumer products company, LoveTheWild. She is a Fellow of Unreasonable, an organization dedicated to supporting entrepreneurs positioned to bend history in the right direction. As CEO of Smarter Sorting, Claudia leads an executive leadership team that is 50 percent female and a company with 43 percent of senior leader positions occupied by women.

"Sustainability stands at an inflection point in today's economy as consumers, employees, investors and government agencies now demand more accountability from corporations," said Claudia, CEO of Smarter Sorting. "With this investment, our passionate team of math nerds, chemistry wizards and retail pros will accelerate how customers can meet sustainability goals while, at the same time, shattering the outdated notion that doing business the right way must cost more."

Smarter Sorting is making a positive environmental and social impact. To date, it has helped customers divert tens of thousands of tons of waste from the landfill, treat thousands of pounds of hazardous waste safely, recycle thousands more pounds of consumer products, as well as salvage hundreds of thousands of pounds of products for reuse. The company has partnered with Feeding America to help donate and distribute 19 million pounds of food in the past year (which translates to 15 million meals), and is using its computational engine and know-how to champion the removal of animal testing requirements from aquatic toxicology regulations.

About G2 Venture Partners

G2 Venture Partners is a venture and growth firm focused on emerging technologies driving sustainable transformation across traditional industries. We support entrepreneurs who are unlocking new paths to environmentally and socially responsible economic growth.

www.g2vp.com

About Smarter Sorting

Based in Boulder, Colo., Austin, Texas, and Los Angeles, Smarter Sorting helps companies make, market and move consumer products better. Its customers include national discount club stores and supermarkets, as well as the brands they sell. The company's customers use its Product Intelligence Platform to gain product insights and identify how to best handle regulated consumer products across the supply chain to remain compliant, avoid fines and reduce their environmental impact. Awards for innovation, impact and employee experience include: Fast Company Most Innovative Companies, Built In Best Place to Work, Real Leader Impact Award and SEAL Sustainable Innovation Award. Smarter Sorting is an Unreasonable Impact company.

www.smartersorting.com

Contact:

Terri Douglas, Catapult
press@smartersorting.com

SOURCE Smarter Sorting

Altia Expands Code Generation Support for STMicroelectronics STM32 Family to Include STM32H7 and STM32MP1

Altia DeepScreen Code Generation Enables Medical, Consumer and Industrial Embedded GUIs for STM32

COLORADO SPRINGS, CO – March 23, 2022 - Altia announces expansion of code generation support for the STM32 family of products to include STM32H7 and STM32MP1. This combination of production-proven graphical user interface (GUI) development software and cost-efficient hardware is uniquely suited for embedded displays for medical, consumer and industrial devices.

Altia has a successful history of partnering with STMicroelectronics on GUI development support for their products. Beyond Altia DeepScreen support for STM32L4, STM32F4, STM32F7 and Accordo5, Altia is proud to showcase our code generation solutions for STM32H7 and STM32MP1.

“Designing graphical user interfaces with Altia enables product manufacturers to design a GUI once and then deploy that same GUI again and again—across various brands and families of products. This scalability saves time and development cost since they are leveraging one GUI model across multiple programs,” stated Jeff Urkevich, Altia Director of Product Marketing. “With our code generation support for the STM32H7 and STM32MP1, Altia demonstrates how our code generators optimize the unique features of each board to deliver top performance and pleasing user experience on hardware at a variety of price points.”

“The STM32H7 and STM32MP1 graphics portfolio gives users a wide range of platform architecture options for running smooth and high-end graphical user interfaces. With the wide range of display interface options, customers can select commonly used displays. But hardware is just one key component for reaching the desired GUI needs. Developers needs to realize the marketing and design requirements and make the display come alive, which is where a solution like Altia becomes relevant. We have been very impressed by the Altia demos running on STM32H7s and STM32MP1, which are utilizing the different embedded hardware accelerations from ST,” stated Søren Myllerup Mikkelsen, Business Development Engineer for Graphics at STMicroelectronics.

With a pixels-to-production workflow, companies get their embedded displays to market quickly and efficiently with Altia software. Altia’s GUI editor, Altia Design, gives product developers the capability to build intuitive, visually pleasing GUIs with graphics assets from third party tools like Adobe® Photoshop®, Sketch, Blender, Autodesk® Maya® and others without hand coding graphics. No hand-coding is required. With Altia Design, developers create a complete GUI model that can be tested and improved with quick iterations to achieve the best possible user experience. Once complete, developers generate production-ready C source code for that same GUI model with Altia DeepScreen. Altia’s DeepScreen code generators are architected to take advantage of the unique features of each hardware target—and achieve optimized code with the smallest memory footprint and best performance.

Companies interested in developing GUIs for these STMicroelectronics products are invited to download complete GUI models for their STM32H7B3I-DK (MCU) and STM32MP157F-DK2 (MPU) boards.  

About Altia

Altia is a software company that provides graphical user interface design and development tools that can be used from concept to final product code. Our GUI editor, Altia Design, offers development teams the capability to implement a model-based development process for clear communication and accelerated user interface development. Our code generator, Altia DeepScreen, supports a vast range of low- to high-powered processors from a variety of industry-leading silicon providers. Altia generates pure C source code that is optimized to take full advantage of hardware resources. Graphics code generated by Altia is driving millions of displays worldwide – from automotive instrument clusters, HUDs

and radios to thermostats, washing machines and healthcare monitors. Our mission is to get the best automotive, medical and consumer interfaces into production in the shortest time on the lowest cost hardware.

Altia was founded in 1991 and its customers include Aston Martin, Behr-Hella, COBO, Continental Automotive, DAF Trucks, Denso, Fiat Chrysler Automobiles, Ford Motor Company, GM, Honda, Renault, Magneti Marelli, MTA, Nippon Seiki, Rolls-Royce, Valeo, Visteon and many other leading manufacturers.

For more information about Altia, visit www.altia.com or email info@altia.com.

Follow Altia on LinkedIn, Twitter and YouTube.

Altia at 30 Years: Startup to Global Pacesetter in GUI Displays and Design Tools

From driver displays for Tier 1 automakers to medical devices, appliances, watercrafts and more, Altia marks three decades helping people control their digital world.

Colorado Springs, CO – In 1991, the year Sonic the Hedgehog hit the U.S. and the domain www.microsoft.com came online, four young engineers began selling their unique software that helped companies design better user interfaces. Even Mike Juran, who was named CEO, couldn’t foresee at the time where the incredible demand for GUIs (graphical user interfaces) would take the ambitious startup, which the partners named Altia. 

“We knew lots of products were going to need user displays, which sparked our imaginations as to what was possible,” recalls Juran, who remains Altia’s CEO today. “It wasn’t long before we demonstrated how a digital instrument cluster for an automobile could work. We recorded the demo on state-of-the-art equipment—a VHS camera.” 

Thirty years after its founding, Altia is an international leader in GUI design and development tools. Its software has been the launching point for displays in the new Cadillac LYRIQ, the Ford F-150 and Ssangyong Motors’ Rexton SUV, as well as products from Beneteau, Carrier, Eaton, FCA, GM, Harley Davidson, HP, Hyundai, Medtronic, Nordic Track, Renault, Stryker, Whirlpool and many others.  

In 2011 Altia took strategic steps forward as a high-growth software company, dramatically expanding its reach across all markets. Today the company maintains offices in Colorado, Michigan, Germany, Japan and South Korea; the three-time Best Places to Work, Edie Award recipient and winner of Colorado Springs’ Company of the Year award continues to add staff across all disciplines while helping to shape the future of digital user experiences for manufacturers and consumers worldwide. 

Future of User Displays 

As Altia moves into its fourth decade, the UI/UX (User Interface/User Experience) field has never been more challenging. Worldwide microchip shortages brought about by the pandemic, as well as a severe shortage of skilled engineering talent, has manufacturers of all kinds of products scrambling for solutions. Products are becoming smarter and more autonomous as well, placing unprecedented demands on GUIs.  

As a pacesetter in the GUI solutions market, Altia has solved numerous challenges for its customers. It recently published its first GUI Global Trends Report detailing its take on the future of user displays. Among its predictions: 

• Augmented reality will soon be a part of Heads-Up Displays (HUDs) in automobiles, enabling occupants to receive enhanced information about routes, businesses and vehicles nearby. 
• In the home, “Holographic Alexa” interfaces may soon connect everything from entertainment systems to refrigerators and lighting. 
• GUIs will be judged by manufacturers according to chip flexibility, code footprint, and power efficiency. Electric vehicle OEMs, in particular, will lead the charge for highly power-efficient displays. 
• Design teams will continue to be highly dispersed globally, making the need for connected, collaborative design environments imperative. 

“People have become completely comfortable interacting with digital devices. It’s not just a part of their lives—their expectations are incredibly high as well. They expect displays to be beautiful, intuitive and highly functional,” said Juran. “Our priority as a global supplier is to enable manufacturers to create GUIs that meet all these standards. At the same time, these GUIs must require fewer engineers to complete, and be so advanced that they fit just about any constraint for power consumption, chip target, or code efficiency. We’ve come a long way since 1991, and as far as we’re concerned the innovations have only begun.” 

About Altia  

Altia is a software company that provides graphical user interface design and development tools that can be used from concept to final product code. Our GUI editor, Altia Design, offers development teams the capability to implement a model-based development process for clear communication and accelerated user interface development. Our code generator, Altia DeepScreen, supports a vast range of low- to high-powered processors from a variety of industry-leading silicon providers. Altia generates pure C source code that is optimized to take full advantage of hardware resources. Graphics code generated by Altia is driving millions of displays worldwide – from automotive instrument clusters, HUDs and radios to thermostats, washing machines and healthcare monitors. Our mission is to get the
best automotive, medical and consumer interfaces into production in the shortest time on the lowest- cost hardware.  

Altia was founded in 1991. Its customers include automotive OEMs and Tier 1s like Continental Automotive, Denso, Fiat Chrysler Automobiles, Ford Motor Company, General Motors, Honda, Renault, Magneti Marelli, Nippon Seiki, Valeo, Visteon and more – plus leading consumer device manufacturers like Electrolux, Whirlpool, NordicTrack and many others.  

For more information about Altia, visit www.altia.com or email info@altia.com. Follow Altia on LinkedIn, Twitter and YouTube.  

# # # # 

MEDIA CONTACT: 

Liz Reilly
Next PR
lreilly@nextpr.com 
401-525-1775 

Zinnov Rates Parascript in the Leadership Zone of its latest Hyper Intelligent Automation Ratings for Parascript’s Advanced AI/ML Capabilities

Parascript—a developer of cognitive capture software, driven by data science that processes over 100 billion documents annually—announced today that Zinnov recognized Parascript’s advanced Artificial Intelligence/Machine Learning (AI/ML) capabilities in its latest Zinnov Zones for Hyper Intelligent Automation – H1 2021 ratings. Zinnov, a leading global management consulting and strategy advisory firm, annually evaluates global Hyper Intelligent Automation (HIA) companies across technologies, platforms, service lines and use cases. Zinnov rated Parascript in the Leadership zone of its latest rating because of its advanced AI/ML capabilities through Parascript Smart Learning, which allows for out-of-the-box and custom implementations.

“Parascript has established itself as a formidable player within the Intelligent Document Processing space,” stated Nischay Mittal, Principal and Global Head – Automation & AI at Zinnov. “Parascript’s unique approach of ‘Smart Learning’ that supports easy system configuration, adaptation in production environments, as well as custom and out-of-the-box template-free integrations, enables Parascript to provide extensive coverage across numerous use cases, especially to Banking and Financial Services and Insurance clients.”

Over the last 12 years, Zinnov has comprehensively assessed global technology providers on their competencies and capabilities across different segments. The evaluation spans technological acumen, scale of operations and overall capabilities across the automation lifecycle. The distinct capabilities for which Parascript ranked high included:

• IDP Value Chain Coverage. Extensive coverage across capture, extraction, classification and validation steps.
• Accuracy/Confidence Scores. Automatically locates, extracts, classifies and verifies data with 95%+ accuracy.
• AI/ML Maturity. Demonstrates highly advanced capabilities based on the ability of the platform to leverage machine learning algorithms to train the solution on different documents.
• Language Support. Provides support for over 10 recognized languages including English, French, German, Russian and Spanish, etc.
• Use Case Coverage. Provides coverage across multiple use cases such as loan and mortgage processing, KYC, compliance, mobile onboarding, medical claim processing, insurance policies and invoices, etc.
• Input Documents. Provides coverage across a wide range of document types including emails, images, scanned documents, PDFs, handwritten documents, identity documents, legal contracts, financial statements, signatures, etc.

“As an IDP specialist, Parascript provides leading AI/ML capabilities enabling automated capture, extraction, classification and validation of data from complex documents such as loan applications, legal contracts and policy documents, etc.,” Nischay Mittal further explained.

Given the highly competitive landscape and the presence of over 500 platform players, Zinnov’s evaluation also included assessment of the participants’ Intelligent Document Processing (IDP) capabilities focused on the scope and strength of the technology solutions, technical capabilities and product vision based on a rigorous RFI process, followed by interviews with over 100 customers, 500 developers, partners as well as industry experts.

“We are very happy with the industry recognition that Parascript is receiving, especially from such a reputable consulting and analyst firm as Zinnov. Our Smart Learning software delivers the highest levels of data accuracy in the industry and that commitment to the highest quality data results is what leads to so many of our customer referrals, and most recently, the acknowledgement by Zinnov,” said Greg Council, Vice President of Marketing and Product Management at Parascript. “Today more than ever, enterprises are tasked to automate their document-intensive processes to increase efficiency and improve on data-driven customer experience, right from medical claims to loan processing.”

Constantly innovating, Parascript advanced classification and data extraction software is considered ideal for automating non-standard claims adjudication, loan document processing, plan data conversion as well as auditing and compliance. Parascript has enabled clients within the Banking, Insurance, Government, and Logistics sectors effectively solve their document automation since 1996. Each year, Parascript software processes tens of billions of postal items, tens of billions of bank checks, medical, insurance and accounting forms in the United States and abroad.

About Zinnov

Founded in 2002, Zinnov is a global management consulting firm, with a presence across 4 continents. Zinnov has successfully consulted with 250+ Fortune 500 enterprises to enable them to accelerate their Digital Transformation outcomes by leveraging technologies such as Hyper Intelligent Automation (HIA), AI/ML, Cloud, IOT, etc. For more information, visit Zinnov.

About Parascript, LLC

Parascript develops Intelligent Capture that works like you want. Parascript software, driven by data science and powered by machine learning, automates simple and complex document-oriented tasks such as document classification, document separation, and data entry for industries including banking, insurance, logistics, and government. It puts the power of a team of data scientists and machine learning experts in your hands. Every year, more than 100 billion documents for financial services, government organizations, and the healthcare industry are processed by Parascript software. Visit Parascript.

See the original post here.

Parascript Named Partner of the Year at Automation Anywhere’s Virtual Partner Summit

Automation Anywhere acknowledges Parascript for Partner of the Year Award in IMEA

Parascript—a developer of cognitive capture software, driven by data science that processes over 100 billion documents annually—announced today that it has won the Automation Anywhere Partner of the Year for Technology Alliances in India, the Middle East and Africa (IMEA). The Global Partner awards were presented at the Automation Anywhere Virtual Partner Summit on April 14th to recognize Automation Anywhere partners worldwide for their outstanding innovations, investments and dedication to providing solutions and services that customers rely on to intelligently automate their businesses.

The Partner of the Year award for Technology Alliances recognizes Parascript for its excellence in building and delivering innovative solutions with Automation Anywhere resulting in high customer satisfaction.

“Automation Anywhere is pleased to recognize Parascript for the Partner of the Year Award in IMEA,” said Griffin Pickard, Director, Technology Alliance Program, Automation Anywhere. “Parascript exemplifies the partner qualities necessary to build strong technology alliances worldwide and we’re excited to continue working together to enable business transformation and customer success.”

“We are proud to be recognized for our technology alliance by Automation Anywhere, the leader in RPA across IMEA,” said Greg Council, Parascript Vice President of Marketing and Product Management. “There are a lot of high value, complex processes that rely on access to document-based information beyond only the text. Parascript’s focus is on enabling any information within a document to be analyzed and processed, even signatures on contracts.”

Using Automation 360, the Automation Anywhere RPA platform, customers can accelerate their digital transformation through the automation of repetitive front and back-office business processes, ultimately freeing employees to focus on more innovative, higher-value work.

Parascript Intelligent Document Processing powered by Smart Learning aids RPA automated processes through the conversion of complex document-based information into structured data. Customers can easily train and deploy skills to perform a variety of document-oriented tasks including location and verification of signatures and long passages of handwritten information. Once trained, skills are contained in portable files that are easy to distribute and deploy.

About Parascript, LLC

Parascript develops Intelligent Capture that works like you want. Parascript software, driven by data science and powered by machine learning, automates simple and complex document-oriented tasks such as document classification, document separation and data entry for industries including banking, insurance, logistics and government. It puts the power of a team of data scientists and machine learning experts in your hands. Every year, more than 100 billion documents for financial services, government organizations and the healthcare industry are processed by Parascript software. Visit Parascript.

See original news posting here.

Parascript Announces New Vice President of Sales

Dawn Wood joins Parascript as Vice President of Sales

Parascript, which offers self-learning document processing automation, today announced the addition of Dawn Wood as Vice President of Sales. In this role, she will oversee the development and implementation of Parascript’s sales strategy and business development intended to increase Parascript’s presence within the document automation market.

“We are enthusiastic about Dawn coming on board. Her extensive experience working with recognition technologies, document capture processing, and intelligent automation means that she really understands our clients’ challenges and how best to address them,” said Alexander Filatov, Chief Executive Officer & President at Parascript. “She will continue our client-centric focus and help new partners take advantage of Parascript self-learning solutions.”

Dawn Wood comes to Parascript with over 25 years of global sales and management experience in the IT industry. Most recently working with Kofax building and supporting the North America SI relationships and partner programs, Ms. Wood was responsible for channel management and partner development. Prior to Kofax, Ms. Wood worked for OpenText in EMEA, where she was responsible for sales, channel management, partner development, and technical support across Africa.

“The future for any business relies on cost and time reductions and increased efficiency. Automation in document and data processing is key to that success and increased profitability. Parascript software with its advanced machine learning classification and data extraction capabilities can process high volumes of documents faster, eliminating human error,” said Ms. Wood.

Ms. Wood brings her unique proven track record of devising and executing robust strategies with a focus on boosting sales, improving process effectiveness, as well as increasing overall productivity. Her excellent communication skills help clients understand the value of advanced capture as it relates to not only document capture aspects of the company, but also how increases in efficiency and effectiveness in document processing—facilitated by Parascript—enhance overall productivity in subsequent workflows and business processes.

“We have a real opportunity here to move document perfection to the beginning of the entire workflow when capturing document data so that only the viable data is processed. You ensure the highest quality, reliable data,” Ms. Wood explained.

According to a 2018 AIIM benchmarking study of 100 top capture leaders underwritten by Parascript, most large enterprises are looking to further automate their document processing or to outsource these tasks. The study also revealed there is still a long way to go before large enterprises achieve the level of automation possible through technology investment. The effects are increased vulnerability in meeting higher customer expectations and responding to dynamic market requirements for new services. In this highly dynamic business environment, Parascript supports clients in offering even higher levels of services leveraging Parascript software.

About Parascript, LLC
Parascript develops Intelligent Capture that works like you want. Parascript software, driven by data science and powered by machine learning, automates simple and complex document-oriented tasks such as document classification, document separation, and data entry for industries including banking, insurance, logistics, and government. It puts the power of a team of data scientists and machine learning experts in your hands. Every year, more than 100 billion documents for financial services, government organizations, and the healthcare industry are processed by Parascript software.

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Parascript Reimagines Document Processing Automation with FormXtra.AI 8.0

Parascript FormXtra.AI 8.0 helps future-proof the insurance and financial services of tomorrow
 

Parascript, which provides document analysis software processing over 100 billion documents each year, today introduced FormXtra.AI 8.0 that gives new, unprecedented access to information. Due to FormXtra.AI leveraging Smart Learning—the latest in machine learning for Intelligent Document Processing (IDP)—FormXtra.AI automates enterprise document processes with unusual accuracy. This eliminates not simply manual data entry, but time-consuming configuration and production management tasks as well.

“Our partners are as excited as we are about this release. With FormXtra.AI 8.0, our clients’ staff increase their throughput by an order of magnitude,” said Greg Council, VP of Marketing and Product Management at Parascript. “Our software is future-proofing the insurance and financial services by streamlining continual access to quality data. Since it adapts in production, FormXtra.AI ensures the enterprise can meet new document challenges at scale in dynamic environments without having to return to manual processes.”

With the 8.0 release of FormXtra.AI, Parascript adds new capabilities building on its full-featured FormXtra.AI IDP solution. Here are a few highlights:

NLP-based Full-page Handwriting Transcription. Using new deep learning recognition (in addition to transcribing large blocks of handwritten information such as those in comments fields of all types of forms), Version 8.0 adds the power of NLP to transcribe entire pages of handwritten information–reading similar to a human with results that demonstrate the best performance in the industry.

NLP-based Document Separation. Previous releases used results of page-level classification to derive document boundaries. With 8.0, separation is improved by using deep learning neural networks to review multiple page features including image, temporal context and page sections to identify logical document boundaries. The novel application of multiple areas of context means FormXtra.AI can automatically separate files into documents even where separation of two documents is required within a single page.

Dynamic Multi-line Field. Complex semi-structured and unstructured documents often have important data that exists as a block or paragraph of text making it difficult to locate and extract all of the needed information without erroneously missing some portions of the text or including other unnecessary sections. With FormXtra.AI 8.0, a new sentence and paragraph context is added that simplifies these situations. Using only labels such as “address,” the surrounding areas can be analyzed, and the entire address data can be located or all the data within specific paragraphs based on section titles can be located and extracted.

Hybrid Field Type. Parascript was the first to introduce the ability to automatically determine whether a field was text or handwritten alleviating the need for manual selection of the data type. Now we add the ability for Smart Learning to automatically detect if a field is mostly static on a form or if it is randomly placed as in a semi-structured or unstructured document, lending much more adaptability and high-fidelity support of the variations of complex document-based information.

Easy-to-Use Classification UI. For those who want to add their own rules in addition to the auto-generated ones, FormXtra.AI 8.0 provides a user experience that makes blending the results of deep learning classifiers with additional rules a simple process.

In practice, these expanded capabilities have significant impact on complex IDP workflows. Examples of this can be seen in both mortgage automation and in healthcare insurance automation.

Loan Processing Optimization

Mortgage lenders can significantly accelerate their loan onboarding process. Using Parascript software, they can immediately validate the documents submitted by borrowers and ensure that a complete loan package complies with any number of stacking orders. The ability to verify the presence or absence of all the mandatory documents saves downstream process time. In addition, lenders have a new automation option so that they can easily extract all the necessary information from these packages, validate the data and pass it downstream to all their applications without delays.

FormXtra.AI has significantly reduced document processing times with accuracy at 99% — simultaneously reducing the cost of quality control and avoiding the errors introduced by manual processes so that more documents can be processed each day.

Insurance: Moving Toward Interoperability

Using Parascript Smart Learning, FormXtra.AI can be trained on any document from medical charts to claims. The software identifies key characteristics of each individual medical record. Different algorithms are often employed that evaluate various attributes such as presence of graphical information (e.g., logos), textual data (e.g., facility names and addresses), and even spatial information such as the distance between different dates on a page and use of specific language related to those dates.

All these attributes are then analyzed to identify the most reliable way to identify and separate one document from another. Once separated, data extraction can then be employed with the final step being to employ Intelligent Capture to further identify specific patterns in the text. In addition to accurately accessing and rapidly moving data through the enterprise systems, this data can reveal various problems and conditions not only with a single patient, but across a patient population.

About Parascript, LLC.

Parascript software, driven by data science and powered by machine learning, configures and optimizes itself to automate simple and complex document-oriented tasks such as document classification, document separation and data entry for payments, lending and AP/AR processes. Every year, over 100 billion documents involved in banking, insurance, and government are processed by Parascript software. Parascript offers its technology both as software products and as software-enabled services to our partners. Visit Parascript.

FormXtra.AI Overview & Demo on March 9. Join us and get all your questions answered.

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Stoplight Recognized a Leader in the Inaugural G2 Fall 2021 API Design Grid

September 8, 2021, AUSTIN, Texas -- Stoplight, the global API design company, announced its position as a market leader in the newly released G2 Fall 2021 Grid Report for API Design. Products in the Leader quadrant in the Grid® Report are rated highly by G2 users and have substantial Satisfaction and Market Presence scores.

API Design is the planning and architectural decisions you make when building an API, leading to a better user experience. Design maturity at an organization allows internal and external developers to more quickly and easily consume and use that organization’s APIs.

Stoplight received an overall score of 74 and is listed among two other leaders in API Design. Stoplight’s highest-rated features included: design management, access control, and visibility. In addition, Stoplight was recognized with a high level of satisfaction for ease of doing business with, quality of support, and ease of set-up.

“This is the first-ever G2 Grid Report for API Design, and I’m not surprised to see Stoplight in the leadership quadrant. We have made great strides in 2021 to scale and meet the demands of a rapidly growing industry, and our customers have shown they love our platform. It’s an exciting time to be a part of Stoplight and the API world,” shares Stoplight CEO, Steve Rodda.

In addition to the placement in the G2 Fall 2021 quadrant, Stoplight received a variety of other recognitions and awards this year including the Trusted Vendor and Quality Choice 2021 Crozdesk awards, the 2021 Most Worthy API Management Software by SaaSworthy, a 2021 "Rising Star" by the API Management Software Report, and a “2020 "Momentum Leader" in the API Design Quadrant by G2.     

Stoplight has also experienced a record amount of growth in addition to user-driven recognition, nearly doubling in employee size since the previous year. In February of this year, Stoplight secured another $11M round of follow-on Series A funding co-led by Next Coast Ventures and Bill Wood Ventures. 

In order for Stoplight to qualify for inclusion in the G2 2021 Fall API Design Grid report, it had to meet the following criteria: the product must provide native tools to design and develop APIs, allow parallel development and team-wide visibility throughout the design process, and enable mocking for API prototyping. 

Check out our blog to learn more about Stoplight’s growth and recent recognitions. 

About Stoplight

Stoplight is a global application programming interface (API) technology company offering a software-as-a-service (SaaS) platform and open source tools to design quality APIs and build scalable API programs. Stoplight’s collaborative, cloud tools are built with the purpose for a design-first approach, with reusable components to deliver quicker time to market and more business value. Stoplight is remote-first and based in Austin, TX. To learn more, visit https://www.stoplight.io or follow us on Twitter @stoplightio

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