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iManage Announces First Integrations with RAVN AI Technology Enabling Professionals to Work Smarter
Practical AI applications enable professionals to leverage enterprise knowledge, classify and extract data from within documents and automate cognitive tasks
CHICAGO – August 14, 2017 – iManage, the company dedicated to transforming how professionals work, today announced the first integrations with the RAVN artificial intelligence (AI) platform. With the recent acquisition of RAVN Systems, iManage combines the power of AI with leading document management, email management and information governance capabilities. RAVN has proven to deliver dramatic productivity improvements and drive cost savings by automating basic cognitive tasks.
iManage is delivering the RAVN AI capabilities in three key standalone products:
- iManage Insight significantly improves professionals’ ability to find and leverage information stored across many separate repositories and locations. Knowledge Graph is a powerful feature that visually illustrates how a person is connected to various areas of interest as well as the many inter-relationships between data objects.
- iManage Classify intelligently understands the nature of organizations’ documents and can identify, analyze, categorize and tag data turning it into a valuable and powerful business asset.
- iManage Extract uses AI technology to automatically read, interpret and extract key information from unstructured data into a desired business output – like a human would do but much faster and with less chance of human error.
Additionally, iManage Extract offers a self-service feature enabling clients to develop custom solutions quicker and speed up the data extraction process. In-house knowledge engineers can now develop customized RAVN applications further increasing their business agility.
iManage is also integrating the RAVN AI engine across its industry leading Work Product Management suite to bring the benefits of AI technology directly into the daily workflow of professionals. iManage Work 10.1, available in October, will support both the IDOL and RAVN search engines. In lab testing, the RAVN engine has demonstrated a significantly lower cost of ownership enabling organizations to reduce operating expenses associated with search. The move to a RAVN enabled system also opens the door to faster expansion to new AI applications such as M&A due diligence and lease processing and analysis.
“iManage has become the emerging platform on which professionals get work done,” said Dan Carmel, Chief Marketing Officer, iManage. “Integrating the RAVN AI engine with iManage Work Product Management harnesses the power of advanced analytics to help organizations increase margins, improve efficiency, eradicate human error and mitigate risks. With iManage, users can work more productively, work smarter and work safer.”
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iManage transforms how professionals in legal, accounting and financial services get work done by combining the power of artificial intelligence with market leading document and email management. iManage automates routine cognitive tasks, provides powerful insights and streamlines how professionals work, while maintaining the highest level of security and governance over critical client and corporate data. Over one million professionals at over 3,000 organizations in over 65 countries – including more than 2,000 law firms and 500 corporate legal departments – rely on iManage to deliver great client work.
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Head of Corporate Communications