Ephesoft recently had the opportunity to introduce our latest technology platform, Ephesoft Insight at Finovate Fall in NYC
Ephesoft showcased the very first Apache Spark-based document analytics platform to apply big data analytics & visualization to unstructured document content. This was a great opportunity to meet with technology leaders from some of the nation’s largest and most progressive banks and financial institutions.
After our Insight presentation, our demonstration station was inundated by almost 100 executives wanting to discuss applications for Insight within their organizations. What was most interesting from these brief discussions was their almost “universal” focus on the platform’s ability to automatically classify large volumes of unstructured documents and extract their contents.
In the lead up to Ephesoft Insight’s release, we thought the “magic” was in Insight’s data analytics and visualization capabilities. For this audience however, the visual representation of data streams—including heat maps, forecasting charts and customizable dashboards—resonated as a tool set they are familiar with when applied to structured data streams. Their excitement and interest was caused by the capability to rapidly apply analytics to unstructured documents and content.
This response goes to a question we have considered since the early days of Inight’s development — Who will find the most value in this platform? Is it the Technologists responsible for document management who want to apply analytics to their document processes and repositories? Or perhaps the data analysts who are interested in expanding their big data activities to the larger pool of information that resides in unstructured content? The answer may be both groups, but at Finovate, we heard clearly from the analytics side that Insight has the potential to unlock business insight from unstructured content.