Hyperscience, the most “accurate” Intelligent Document Processing Platform, recently announced that it is “on track to surpass one billion processed documents for the U.S. Government in 2023.”
This milestone demonstrates Hyperscience’s ability “to unlock valuable data with unrivaled accuracy for Federal clients, including The Social Security Administration, The U.S. Department of Veterans Affairs, The Internal Revenue Service, The U.S. Air Force, and more.”
Charlie Newark-French, Interim CEO at Hyperscience, said:
“Six years ago, Hyperscience started partnering with Federal entities, helping to digitize and automate the slowest, most dated document- and data-heavy processes. Not only are many of these workflows mission-critical, but in almost every case, the documents and data awaiting processing are beyond human capacity alone. We’ve been able to make a real impact by rapidly reducing backlogs, and even bridging some workforce gaps, to ultimately improve citizen response times and the government employee experience—and we’re just getting started.”
Hyperscience leverages advanced Machine Learning (ML) and Artificial Intelligence (AI) algorithms “to augment a human’s ability to extract data from complex, multimodal documents, with up to 99.5% accuracy, from a single, unified platform.”
Specifically, users are able to:
- Automate More Use Cases: Classify text, emails, and unstructured documents by user intent, sentiment, or topic—letting ML technology find and extract the relevant data.
- Scale The Use Of AI: Train better ML models faster with an ML-guided user experience that flags potential errors and anomalies during the training data labeling process.
- Achieve End-To-End Processing: Reduce average data and document handling time with an improved workflow engine that supports higher-quality decisions with required and dependent fields.
Glenn Finch, Global Managing Partner, Data & Technology Transformation at IBM, said:
“By unlocking valuable data with unrivaled accuracy, Hyperscience is modernizing document processing for the U.S. Government, improving response times to citizens by shifting weeks to hours and even minutes. Their human-centered approach to automation is a game-changer in the industry.”
Fueled by continuous innovation and a deep understanding of the unique challenges facing government agencies, Hyperscience and its track record of efficiency and reduced costs, positions the company “to expand its footprint in the industry as a strategic technology partner for the U.S. Government.”
Powered by machine learning, Hyperscience claims it “provides the most accurate intelligent document processing platform on the market.”
By combining artificial intelligence with a human-centered approach, Hyperscience elevates business processes “to a higher level—unlocking actionable knowledge with unrivaled precision.”