- Company SEC filing outlines company mission, unique differentiation
- Company uses ML, NL processing to comprehend huge amounts of data thousands of times faster than humans with significantly reduced errors, more objectivity
- Pluaris is a subscription-based SaaS product platform that adapts to user needs
Almost a decade ago, Nowigence started on its mission to create an artificial intelligence software platform that could read and comprehend data. Today, the company is proud to offer Pluaris, a cloud-based app that automates reading and analysis of textual data so users can learn more in less time, uncover hidden insights and stay on top of the information they need to know.
Nowigence’s focus has expanded since those formative early years. Its filing with the Securities Exchange Commission (“SEC”) states that Nowigence is committed to create an AI platform to rapidly read and comprehend data using machines, whether unstructured or structured, in the data’s right context and provide business professionals with a toolkit to anticipate their future through data, predict scenarios, and keep plan-ready, united and confident to meet their business goals (https://ibn.fm/1EGYc).
“Any technology-based solution is successful if it increases speed while reducing error,” the filing continues. “In our case, we use machine learning and natural language processing to comprehend huge amounts of data in real time many thousands of times faster than human abilities with significantly reduced errors and larger objectivity.”
Pluaris is built around a unique differentiation. “Our view of the market is that AI using ML/NLP techniques is currently a project-based service industry,” the company states. “Clients hire coding engineers, data scientists and project managers to scope the requirements of a specific use case in the form of technical specs, which is then converted into a solution. This consultancy-based approach is not scalable. From a customer’s perspective, it is expensive, time consuming and does not guarantee success.”
Seeking to provide a scalable alternative, Nowigence created Pluaris, a subscription-based SaaS product platform that adapts to the needs of its users. Designed to work across different functions and sectors, Pluaris is easy to learn, allowing users to customize, work with and benefit from the product from day one.
Another unique aspect of Nowigence’s unique offering is that Pluaris is one of only a few solutions that allow users direct access to the database. “Most other cognitive information retrieval engines allow access from an intermediate interface where human-controlled quality screening has already ascertained the accuracy of the results,” the company observes. “Operating directly from the database provides two main benefits for users. The first is that the output is in real time or near real time, depending upon the frequency at which the data is refreshed. The second is that data anomalies are detected faster and are corrected in the database to prevent propagation of erroneous data. Our algorithms allow users to get to quality outputs faster than other competitive service offerings.”
Nowigence is committed to helping individuals, teams and enterprises quickly distill knowledge from massive amounts of textual data, both public and private. By integrating state-of-the-art data processing techniques in an intuitive interface at an affordable subscription price, Pluaris puts the power of data science into the hands of consumers.
For more information, visit the company’s website at www.Nowigence.com.
NOTE TO INVESTORS: The latest news and updates relating to Nowigence are available in the company’s newsroom at https://ibn.fm/NOW
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