With the Lake Aurora release, the Intelligent Document Processing (IDP) vendor introduces a number of new features, including zero-shot classification and extraction, which automatically identifies documents and intelligently retrieves information without the need for training.
KnowledgeLake, an Intelligent Document Processing (IDP) provider, announced February 5 the launch of Lake Aurora, the latest release of its intuitive AI-powered enterprise automation platform. Lake Aurora brings a number of new features that allows businesses to scale operations quickly and allocate human resources to more strategic tasks.
A key feature of the Lake Aurora release is what KnowledgeLake calls “Intuitive AI”. According to the IDP vendor, this eliminates the need for pre-defined rules and configurations and enables organizations to automatically classify and extract data from documents without training.
Russ Malz, Vice President of Sales at KnowledgeLake, explained: “Embracing digital labor is crucial for businesses to maximize productivity, lower costs and stay competitive – it is no longer an option. Our new Intuitive AI app in concert with our Adaptive IDP, Workflow Automation, Intelligent RPA and Content Management allows businesses to scale operations quickly and allocate human resources to more strategic tasks. Now, with KnowledgeLake, our partners and customers can achieve unprecedented levels of efficiency, accuracy, and customer satisfaction with a single, intuitive AI-powered platform.”
In addition, new features in this release include enhancements such as platform extensibility (making it easier to integrate with existing systems and workflows), the addition of tables and panels to Instant Pro-Forms (allowing for better data collection), and report customization (to fit the data analysis needs of any organization).
Ron Cameron, Founder and CEO of KnowledgeLake, commented: “Today marks an important milestone in our journey at KnowledgeLake. With the Lake Aurora release the KnowledgeLake Platform is now a complete solution for business automation. Our customers and partners can now enjoy the benefits of an intuitive, 100% cloud-based platform to quickly deliver maximum business impact. Our fully integrated no-code platform now infused with Intuitive AI is designed to drive more operational agility for our customers. Simply put, KnowledgeLake keeps getting faster, easier to use, and smarter as we extend the reach and possibilities for digital labor.”
Last November, analyst firm HFS Research named KnowledgeLake a “Disruptor” in its HFS Horizons Intelligent Document Processing Products 2023 Report.
Headquartered in St. Louis, Missouri, KnowledgeLake provides an intuitive AI-powered enterprise automation platform that maximizes business impact, accelerates workflows and lowers costs with digital labor at scale. Its 4-point solution increases operational efficiency by integrating adaptive Intelligent Document Processing (IDP), Workflow Automation, Intelligent Robotic Process Automation (RPA) & Content Management into a single AI-powered platform.
You can find the full press release here.
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