Indium software launches an Ai based text analytics tool – teX.ai

Press Release : September 29, 2020
Indium software launches an Ai based text analytics tool – teX.ai

teX-Ai – an Ai based Text Analytics software that offers impeccable text extraction, text classification, and text summarization,

We always had in-house Natural Language Processing (NLP) expertise and have been working with many clients addressing crucial text data problems. After months of R&D and prototyping, Indium’s teX.ai, a SaaS-based tool, is ready to provide faster and scalable text analytics solutions for a variety of use cases across industries.

One of the key aspects of digital transformation is the digitization of legacy documents and analytics on the text content. For example, Investment Bankers & Financial Analysts must pour over several Annual Reports on a quarterly basis, where summarizing the content and driving analysis can take considerable time & effort. Similarly, Market research firms have a challenge establishing the veracity of the metrics and KPIs in their reports. E-commerce players have classification and optimization problems with same products across different catalogue categories. All these critical business challenges are prevalent across several industries and need solution derived from NLP in text analytics. This is where teX-Ai provides enterprises the edge.

For example, a legal organization can achieve the following using teX-Ai:

  • Highlight the keywords and phrases for each section of the document using Name Entity Recognition
  • Identify the latent topic inside documents without reading them using Topic Modeling
  • Make a succinct list of mandatory and optional clauses (do’s and don’ts) using Clustering & ETL

Similarly, for an electronic media news website, our Text Analytics Tool – teX.ai can help with:

  • Automatic categorization across sports, entertainment, politics using Classification
  • An automatic text summary of TL;DRarticles using Summarization
  • Filtering out spam/abusive comments on the news items using Classification

On the release of this product teX-Ai, Ram Sukumar, Co-founder and CEO, Indium Software, says “Many of our existing clients are excited about teX-Ai. There are several benefits businesses can avail, including, saving time & effort in summarizing documents, lowering costs by automating text extraction, reducing search complexity by classifying documents and thereby improving business efficiencies”.

About teX-Ai:

teX.ai is one of the leading Ai based Text Analytics product. It’s completely customizable and helps convert complex text data into accurate insights. teX.ai is a hands-on, easy to use text analytics tool built on sophisticated Python libraries. This SaaS-based text analytics suite provides insights to enhance customer experience by processing raw text data using NLP, Ai and DL algorithms. It can effectively solve challenges faced by industries Banking, Retail, Ecommerce, Manufacturing, Education, Hospitals (healthcare) and Lifesciences in Text Extraction, Text Summarization and Text Classification.

We are ready to cater any Industry where documents and Text data is involved are our targets. Industries such as Retail, E-Comm, Manufacturing, Media & Entertainment, Legal, Energy & Utilities, Transportation & Logistics and Financial Services are our primary target.

General Inquiry: info@tex-ai.com

Media Contact:
Mohan Raman
Global Head – Marketing
mohan.g@tex-ai.com

Notes to editors

For more information please contact:
saravana.s@tex-ai.com Tel: 8882075969 email: mohan.g@tex-ai.com Visit the newsroom of: Saravana