Infinia ML Solves One of the Most Important Data Problems with Intelligent Document Processing

DURHAM, NC / ACCESSWIRE / June 21, 2022 / In today's fast-paced business world, data is everywhere. Whether it is a handwritten note or a 500-page document, businesses are dealing with more data than ever before, a task that can cost a company considerable time and financial resources.

At Infinia ML, they are on a mission to not only process large quantities of information, but to extract the vital details and insights from the data - allowing businesses to become faster, more agile, and smarter in their decision making.

The best part?

By leveraging automation and machine learning, Infinia ML makes it possible for companies to access their most important information without using valuable resources in manual data review and analysis. This can potentially save businesses millions in operational resources while giving them higher quality insights and intelligence that they can use to improve their business.

"We work in intelligent document processing, which means we work in industries that have very document-heavy workflows," explains Infinia ML's CEO, Rob Delaney.

"Imagine somebody gets injured at work rendering them unable to do their job and requiring medical treatment and care. This event creates a chain reaction of documentation that must be reviewed. For instance, the insurance company will need to review a doctor's note and any relevant policy or claim information, the medical provider will need to review insurance coverage, patient history and treatment files, the pharmacy will need to review prescription scripts and insurance information, etc. Some of these documents might be in a standard form, some could be unstructured text or handwritten. We are able to read and extract the right information from all of these documents in an automated way, streamlining the way information moves through a healthcare system"

One of the key differentiators for Infinia ML is that while most data companies stop with simple data extraction, Infinia ML is focused on providing companies with valuable insights so they can learn something new and leverage that information for improvements and breakthroughs.

"We have a customer that gets thousands of RFPs every year. It is very time-consuming to respond to those requests, and usually there is a short turnaround time of 1-2 weeks," Delaney says.

"Instead of manually reading and responding to them, we configured our machine learning platform to look at every proposal, scan it, and tell them how likely they are to win that bid based on work they have done in the past - and then it takes the questions in the RFP and pulls in answers that have already been written for other proposals."

These types of innovative machine learning solutions provide immense benefits to companies who need to rapidly assess and use important data but do not have endless resources to complete these tasks manually. It saves companies time, effort, and money - resources that can be reinvested back into more essential workflows.

Another important differentiator for Infinia ML is their ability to customize machine learning "engines" to fit the specific needs of the company. While other "off the shelf" technologies are available, they lack the flexibility to work in complex or shifting scenarios. As a result, they often fail to meet the most pressing needs of businesses.

"We are a platform-based business, and 80% of our solution is based on a robust library of algorithms, code and proprietary data," Delaney says. "80% is already done, so we can move faster and less expensively than other companies, and the last 20% is configuration based on the customer's specific data."

Infinia ML's ability to configure solutions to their customers' needs allows them to become a valuable resource rather than a "one-size-fits-all" platform. Because when it comes to managing big data, companies don't have time for technology that cannot adapt.

"When customers come to us, the first thing we do is really try to understand their core business problem and what they are trying to solve in their workflow," Delaney says.

"Then they will meet with our technical team to discuss the types of documents they have, what information they want to pull. Once that is understood, we can configure our solution for them."

With groundbreaking technology and a dedicated team of data and engineering experts, Infinia ML is poised to become a breakthrough company in 2022, empowering companies to learn, grow, and thrive.

To learn more about Infinia ML, visit www.infiniaml.com.

Company Name: Infinia ML
Contact Person: Crystal Stroman
Address: 1009 Slater Rd. #390, Durham, NC 27703
Phone Number: (984) 227-8480
Website Link: https://www.infiniaml.com/

SOURCE: Infinia ML