IBM Japan · New features to be added are designed to enable business users to quickly leverage AI and derive better insights with less training time, without the need for data science skills. • Companies in the financial services, insurance, and legal services industries are leveraging Watson Discovery to accelerate process automation and enhance customer care. [Armonk, NY, USA-From November 10, 2021 (local time)] IBM (NYSE: IBM) is today for IBM®︎ Watson Discovery (https://www.ibm.com/cloud/watson-discovery) Announcing new Natural Language Processing (NLP) extensions. The upcoming additions will enable financial services, insurance and legal services customers to find insights and integrate information in complex documents and texts to enhance customer care and business processes. Designed to help accelerate your business. With the ever-growing variety of formats, documents, and data, companies are turning to NLP and machine learning to streamline their checking work1. Utilizing AI to obtain document insights that extract useful information for business decision-making from various data including sentences, processing insurance claims, conducting financial analysis, legal arrangements and contracts In complex, time-sensitive tasks such as reviews, you'll spend less time investigating and more fact-based decision making. The upcoming new features are designed to make it easier and smoother for Watson Discovery users to customize their basic NLP model for their business-specific language and wording. Developed by IBM Research, the NLP extension allows business users to read, understand, and gain better insights into large and complex industry-specific documents without having advanced data science skills. You can train Watson Discovery for visualization. These additional features announced today are part of the IBM Research development pipeline. For example, recently in Watson Discovery and Watson Assistant's Search Skill (https://jp.newsroom.ibm.com/2021-09-15-Add-new-AI-and-automation-features-to-IBM-Watson). The Answer Finding feature is now available as the official version. This is to help busy professionals and customers pinpoint the insights they need. Daniel Hernandez, IBM's General Manager for Data and AI, said: "It's the flow of innovation from IBM Research to IBM Watson that enables global financial services, insurance, and legal services companies to detect new business trends, improve operational efficiency, and find new insights for their employees. That's why we turn our attention and trust in IBM so that the innovation pipeline of natural language processing that we have added to Watson Discovery continues to make it easier for businesses to signal from noise. In addition to the new features announced today, IBM is an organization in the legal services, financial services, and insurance industries that can extract and provide greater responsiveness to customers and employees. Learn how you can leverage the existing capabilities of Watson Discovery to accelerate process automation and transformation. Contract management can be a manual, time-consuming and complex process. ContractPodAi (https://contractpodai.com/?utm_source=), an award-winning provider and IBM business partner that provides the "One Legal Platform", an AI-powered contract lifecycle management (CLM) -driven solution. news & utm_medium = press-release & utm_campaign = ibm-watson-discovery) has expanded its end-to-end solution by leveraging multiple AI technologies, including IBM Watson Discovery, among other providers. This solution helps simplify complex contract management, automate routine tasks, and transform complex workflows. Leveraging the strengths of ContractPodAi's CLM solution, the no-code platform leverages pre-built, configurable applications such as claims, RFP reviews, and IP portfolio management for numerous legal scenarios for internal legal teams. Designed to manage, processes, or documents. For more information on Watson Discovery, please visit https://www.ibm.com/jp-ja/cloud/watson-discovery. About IBM Watson Watson is IBM's AI technology for business that helps organizations better predict and shape future outcomes, automate complex processes, and optimize employee time. Watson has evolved from an IBM Research project to an expanded set of open products that run experimentally and everywhere. With over 40,000 customer engagements, Watson is used by leading global brands in a variety of industries to transform the way people work. For more information, please visit https://www.ibm.com/jp-ja/watson. Forward-looking statements and notices IBM's statements regarding our plans, directions, and intentions are subject to change or withdrawal without notice in IBM's sole discretion. Information about potential future products is intended to outline our general product direction and should not be used as a reference in purchasing decisions. The information mentioned about potential future products does not imply any commitment, commitment, or legal obligation to provide any material, code, or functionality. Information about potential future products may not be included in any contract. The development, release and timing of any future features or functionality described for our products remains in our sole discretion. All customer cases quoted or described are shown as examples of how some customers are using IBM products and what they believe they have achieved. Actual environmental costs and performance characteristics will vary depending on the individual customer's configuration and conditions. 1 IBM and Morning Consult: Global AI Adoption Index 2021 See below for the IBM Research blog. https://research.ibm.com/blog/watson-discovery-enhancements This press release is an excerpt of a press release released by IBM Corporation on November 10, 2021 (local time). Please refer to the following URL for the original text. https://newsroom.ibm.com/2021-11-10-IBM-to-Add-New-Natural-Language-Processing-Enhancements-to-Watson-Discovery IBM, IBM logo, ibm.com, IBM Watson, IBM Research is a trademark of International Business Machines Corp., registered in many countries around the world. Other product names, service names, etc. may be trademarks of IBM or other companies, respectively. See https://www.ibm.com/legal/copytrade.shtml (US) for a current list of IBM trademarks.
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IBM adds new natural language processing extensions to Watson Discovery
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