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Mphasis Launches DeepInsights Doc AI: Generative AI-Powered Cognitive Intelligence Platform

Last Updated : 07 Mar, 2024
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Mphasis, a leading information technology (IT) solutions provider, has taken a significant leap forward in the realm of artificial intelligence (AI) with the launch of DeepInsights Doc AI. This groundbreaking platform leverages the power of generative AI to revolutionize how businesses handle document processing, offering a solution that is intelligent, efficient, and highly customizable.

In Short

  • Mphasis launches DeepInsights Doc AI, a generative AI-powered cognitive intelligence platform.
  • The platform is designed to extract context-specific information from documents and integrate it with downstream IT systems.
  • DeepInsights Doc AI is customizable to enterprise needs and accelerates the journey through well-architected trainable pipelines.

Mphasis-Introduces-DeepInsights-Doc-AI-A-Generative-AI-Powered-Cognitive-Intelligence-Platform

What is Mphasis?

Mphasis Limited is an Indian multinational information technology services and consulting company based in Bangalore. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services. Mphasis was ranked #7 in India IT companies and overall #189 by Fortune India 500 in 2019. In April 2016, Hewlett Packard Enterprise sold the majority of its stake in Mphasis to Blackstone Group LP for around US$ 1 billion.

What is DeepInsights Doc AI?

DeepInsights Doc AI is a cognitive intelligence platform developed by Mphasis that utilizes generative AI technology. This translates to AI models trained on vast amounts of text data, enabling them to not only interpret information but also generate human-quality text. In the context of DeepInsights Doc AI, this translates to extracting valuable insights from various documents, regardless of their format or layout.

How does DeepInsights Doc AI work?

The platform employs a multi-pronged approach to document processing. It can handle different types of content, including text, forms, tables, and images, extracting the relevant information with high accuracy. Additionally, DeepInsights Doc AI boasts domain-specific language understanding, allowing it to tailor its search and information extraction capabilities to specific industries like healthcare, finance, and logistics. This ensures that the extracted information is contextually relevant and actionable.

How to use DeepInsights Doc AI

Here are the steps to use DeepInsights Doc AI:

Step 1: Setup

Host and customize DeepInsights Doc AI on your company’s cloud.

Step 2: Input

Feed in the documents with multi-modal content.

Step 3: Extract

Allow the tool to retrieve and extract information.

Step 4: Search

Use the fine-tuned search for domain-specific language understanding.

Step 5: Action

Let the tool recommend actions based on inputs.

DeepInsights Doc AI: Key Features and Benefits

Here are the key features of DeepInsights Doc AI:

Information Extraction

Accurately extract contextually relevant data from various documents, including forms, tables, images, and text.

Context-Aware Search

Leverage domain-specific language understanding to fine-tune searches and retrieve the information you need.

Actionable Insight

Generate factually grounded content tailored to your industry and specific processes, enabling data-driven decisions.

Action Recommendations

Receive suggested actions based on input data, standard operating procedures, and historical information.

Customization

Adapt the platform to your specific needs through well-architected trainable pipelines.

Efficiency

Accelerate document processing with efficient pipelines.

Security

Ensure data privacy with secure data storage, access control, and encryption.

Integration

Seamlessly integrate with existing IT systems for streamlined workflows.

Benefits of using DeepInsights Doc AI

Sure, here are the key benefits of using DeepInsights Doc AI:

  1. Customizable: It is tailored to meet enterprise-specific requirements, making it adaptable to a wide range of business needs.
  2. Efficient: It accelerates the journey through well-architected trainable pipelines, speeding up document processing.
  3. Intelligent: It leverages self-hosted LLM for fine-tuned, domain-specific language understanding.
  4. Versatile: It can handle multi-modal content in various formats and layouts.
  5. Integrated: It seamlessly integrates with downstream IT systems, providing actionable insights.
  6. Secure: Being self-hosted within the enterprise cloud, ensures greater flexibility and security.
  7. Productive: It improves business processes like Invoice processing, Claims processing, and Broker submission processing.

DeepInsights Doc AI vs Other Document Processing Solutions

Feature DeepInsights Doc AIDeepInsights Doc AI Google Document AI IBM Watson Discovery ABBYY FlexiCapture
Information Extraction DeepInsights Doc AI extracts context-specific data from diverse documents Google Document AI uses pre-trained models to extract data from documents Watson Discovery uses Smart Document Understanding (SDU) to extract data from human-read documents FlexiCapture uses advanced recognition capabilities to transform all the data from business documents
Context-Aware Search It employs large language models to cater to enterprise needs Google Document AI uses natural language processing for context-aware search Watson Discovery uses AI to understand the context and extract insights FlexiCapture uses AI, natural language processing (NLP), and machine learning (ML) for context-aware search
Customizable to Enterprise Needs It is customizable to suit enterprise needs Google Document AI can be customized based on business requirements Watson Discovery can be tailored to specific business needs FlexiCapture can be customized to meet specific business needs
Insight Generation & Recommendation It generates adaptive content and recommendations Google Document AI provides insights based on the extracted data Watson Discovery accelerates high-value insight processes across the enterprise FlexiCapture uses AI and ML to generate insights
Integration with IT Systems It integrates with IT systems Google Document AI can integrate with Google Cloud services Watson Discovery can integrate with IBM Cloud services FlexiCapture can integrate with various business systems
Self-hosted within Enterprise Cloud It can be self-hosted within the enterprise cloud Google Document AI is hosted on Google Cloud Watson Discovery is hosted on IBM Cloud FlexiCapture can be hosted on-premises or in the cloud
Processing of Multi-Modal Content It can process documents with multi-modal content Google Document AI can process text and image data Watson Discovery can process text and image data FlexiCapture can process various types of documents

What Types of Documents Can DeepInsights Doc AI Process?

DeepInsights Doc AI can process a wide range of documents with multi-modal content1. Here are some examples:

  1. Forms: It can extract information from various forms, regardless of their layout.
  2. Tables: It can process tables and extract relevant data.
  3. Images: It can handle documents with embedded images.
  4. Text: It can process text-based documents.
  5. Invoices: It is ideal for speeding up business processes like invoice processing.
  6. Claims: It can handle insurance claims processing.
  7. Broker Submissions: It can process broker submission documents.

This makes DeepInsights Doc AI a versatile tool for businesses that need to process a wide range of documents.

DeepInsights Doc AI Ensures Data Security

Mphasis understands the importance of data security and has built DeepInsights Doc AI with robust security features in mind. The platform offers secure data storage, access control, and encryption to ensure that sensitive information remains protected.

Conclusion

Mphasis’s DeepInsights Doc AI marks a pivotal moment in the evolution of document processing. This innovative platform, powered by generative AI, empowers businesses to unlock the true potential of their data, transforming how they handle documents and gain valuable insights. As businesses strive for increased efficiency, accuracy, and cost-effectiveness, DeepInsights Doc AI is poised to become a game-changer in the industry.

FAQs

Is DeepInsights Doc AI free?

While the exact pricing details are not publicly available, it is likely based on a subscription model with different tiers catering to specific business needs.

Can I use DeepInsights Doc AI on iOS?

Currently, DeepInsights Doc AI is not available as a mobile application for iOS or other mobile platforms. It is primarily designed as an enterprise solution for integration with existing business systems.

Is DeepInsights Doc AI cloud-based?

Yes, DeepInsights Doc AI can be deployed on the cloud, offering greater flexibility and scalability.



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