NA

We provide SaaS, OEM and PaaS access options for SMB, Midmarket Companies and Enterprises

2020

2.0.0

DTP/15

ML/AI/Platform - Document Processing Automation Platform(Insight Engine and RPA) Compliance Use case

Automate Data Extraction , Enterprise Solutions, Automated Document Processing Software , Automate Document Extraction , Insight Engine, Compliance Monitoring Systems , Regulatory Compliance Management Software Compliance Monitoring Tools , Compliance Monitoring Software , Reg Tech Software

 

For enterprises, that process the contents of thousands of documents each day, for complex business tasks requiring manual effort, ThirdRayAI helps to automate document content extraction, processing and distribution.

ThirdRayAI uses pre-configured templates, bots and machine learning models for accurate extraction and labelling. With

  1. Templates for common document types relevant to their domain,
  2. Embedded ML models for extracting text from common document types,
  3. 70+ common integrations and configurable to support hundreds, and
  4. Low-code UI to design and run custom workflows and forms for company specific document types and process, customers can realize value immediately and ROI under 6 months.

 

 


    Third Ray, Inc.



    NA


    We provide SaaS, OEM and PaaS access options for SMB, Midmarket Companies and Enterprises


    2020

    2.0.0


    DTP/15

Differentiators

 

  1. Provides intelligent data processing by automating the document data extraction from any document into business systems.
  2. Build search engine from documents to search the contents extracted and thereby building a database.
  3. Export information extracted from documents into systems-of-record, like ERP, CRM and customer support applications.
  4. Use the platform to build the end user services as each functionality of the platform is API enabled.
  5. Platform is available in three configurations, as Software as a Service (SaaS), On-premises and Platform as a Service (PaaS) deployments.

 

 

Solution

 

ThirdRayAI helps automation document processing by creating bots to build a searchable database from enterprise documents in conjunction with ongoing business processes. The then uses AI to continuously learn how these documents are related, based on your searches and business domain characteristics.

ThirdRayAI makes processes such as Organizational Security Compliance, Process Compliance and other regulatory processes simpler by extracting text and images from documents and visualizing the extracted data to provide insights for decision making.

 

 

Features

 

  1. Data Lake-house
  2. On Premises & Cloud Storage Support
  3. 80+ out of the box built in integrations
  4. Unlimited Custom integrations
  5. Machine Learning Modelling
  6. Machine Learning CI/CD
  7. Data Cleaning
  8. Data Visualization – Built-in charts & graphs
  9. Custom chart and graphs
  10. BI Analytics
  11. Custom Widgets
  12. End-to-end automation
  13. Low or no-code Machine Learning
  14. Document Data Extraction
  15. Document correlation
  16. Document Insights Engine
  17. Export data to business apps
  18. Data-at-rest security
  19. Individuals
  20. Groups & Organizations User Management
  21. SAML/SSO Authentication
  22. LDAP Authentication
  23. OAuth Authentication
  24. Built in system monitoring
  25. Fully extensible with API
  26. Zero Manual Document Processing
  27. 100% Graphical UI for forms and automation
  28. Enterprise Search
  29. Decision Support Visualization
  30. Custom ML Models training and serving
  31. Custom Automation
  32. Insight Engine

 

 

Licenses

 

  1. Annual Subscription – payable upfront at the beginning of each year
  2. Monthly Subscription – payable at the beginning of the month or on sign-up, prorated for the calendar month.

 

 

Frameworks

NA

Review by experts

 

Following are references provided by our mentors and advisors who are senior professionals in their respective domains.

Alexey Gerasimov (VP, HPEnterprise)

I've had the privilege of interacting with and advising Abhijit and team over the last couple of months and became impressed with their company vision, their obsession over solving customer challenges, and their ability to take feedback and pivot. Their service addresses a number of real challenges that companies deal with daily and has the potential to significantly streamline operations across a number of industries and use-cases.

Himanshu Verma (Director of Engg. Amazon)

Third Ray has been doing pioneering work in the field of information extraction and using that to automate business workflows in an easy yet scalable way. They have the potential to serve a large cross section of company across industries as they try and build efficiencies via automation in their document driven workflows. The team has deep technical expertise as well as business acumen to win over the clients and deeply partner with them to make their clients achieve their goals using Third Ray platform and services.

 

 

Client end Requirment

 

  1. Extract text and images from documents involved in regulatory processes.  
  2. Visualize the extracted data. 
  3. Automate business processes and make them faster.
  4. Gain Insights & Analytics for decision support.

 

 

Support

Customer support is provided through online portal backed by ZenDesk, and Slack

Training

NA

Scope

NA

Data Center

On premises version is available large enterprise customers. Details provided below.

Architechture

Technical Specifications

 

  1. Advanced Table Extraction
  2. Full OCR
  3. Multi-lingual support
  4. Flexible Output
  5. Extensive connectivity
  6. Deep Indexing
  7. Enterprise Search
  8. Versioning
  9. Unsupervised Data Labelling
  10. Custom Visualization
  11. Enterprise Dashboard

 

 

Current Market

 

  1. One of the world’s Top 4 Accounting and Professional Services firms – UK
  2. A US, Federal Government, IT Solutions provider
  3. A data security software and services provider - India.
  4. An end-to-end supplier for school uniforms – India.

 

 

Target Clients

 

Enterprises targeting automation of business process for

  1. Industry 4.0 upgrade,
  2. Regulatory Compliance,
  3. Data Privacy Compliance or Cost Efficiency
  4. Competitive Advantage goals

 

 

Differentiators

 

  1. Provides intelligent data processing by automating the document data extraction from any document into business systems.
  2. Build search engine from documents to search the contents extracted and thereby building a database.
  3. Export information extracted from documents into systems-of-record, like ERP, CRM and customer support applications.
  4. Use the platform to build the end user services as each functionality of the platform is API enabled.
  5. Platform is available in three configurations, as Software as a Service (SaaS), On-premises and Platform as a Service (PaaS) deployments.

 

 

Solution

 

ThirdRayAI helps automation document processing by creating bots to build a searchable database from enterprise documents in conjunction with ongoing business processes. The then uses AI to continuously learn how these documents are related, based on your searches and business domain characteristics.

ThirdRayAI makes processes such as Organizational Security Compliance, Process Compliance and other regulatory processes simpler by extracting text and images from documents and visualizing the extracted data to provide insights for decision making.

 

 

Features

 

  1. Data Lake-house
  2. On Premises & Cloud Storage Support
  3. 80+ out of the box built in integrations
  4. Unlimited Custom integrations
  5. Machine Learning Modelling
  6. Machine Learning CI/CD
  7. Data Cleaning
  8. Data Visualization – Built-in charts & graphs
  9. Custom chart and graphs
  10. BI Analytics
  11. Custom Widgets
  12. End-to-end automation
  13. Low or no-code Machine Learning
  14. Document Data Extraction
  15. Document correlation
  16. Document Insights Engine
  17. Export data to business apps
  18. Data-at-rest security
  19. Individuals
  20. Groups & Organizations User Management
  21. SAML/SSO Authentication
  22. LDAP Authentication
  23. OAuth Authentication
  24. Built in system monitoring
  25. Fully extensible with API
  26. Zero Manual Document Processing
  27. 100% Graphical UI for forms and automation
  28. Enterprise Search
  29. Decision Support Visualization
  30. Custom ML Models training and serving
  31. Custom Automation
  32. Insight Engine

 

 

Licenses

 

  1. Annual Subscription – payable upfront at the beginning of each year
  2. Monthly Subscription – payable at the beginning of the month or on sign-up, prorated for the calendar month.

 

 

Frameworks

NA

Review by experts

 

Following are references provided by our mentors and advisors who are senior professionals in their respective domains.

Alexey Gerasimov (VP, HPEnterprise)

I've had the privilege of interacting with and advising Abhijit and team over the last couple of months and became impressed with their company vision, their obsession over solving customer challenges, and their ability to take feedback and pivot. Their service addresses a number of real challenges that companies deal with daily and has the potential to significantly streamline operations across a number of industries and use-cases.

Himanshu Verma (Director of Engg. Amazon)

Third Ray has been doing pioneering work in the field of information extraction and using that to automate business workflows in an easy yet scalable way. They have the potential to serve a large cross section of company across industries as they try and build efficiencies via automation in their document driven workflows. The team has deep technical expertise as well as business acumen to win over the clients and deeply partner with them to make their clients achieve their goals using Third Ray platform and services.

 

 

Client end Requirment

 

  1. Extract text and images from documents involved in regulatory processes.  
  2. Visualize the extracted data. 
  3. Automate business processes and make them faster.
  4. Gain Insights & Analytics for decision support.

 

 

Support

Customer support is provided through online portal backed by ZenDesk, and Slack

Training

NA

Scope

NA

Data Center

On premises version is available large enterprise customers. Details provided below.

Architechture

Technical Specifications

 

  1. Advanced Table Extraction
  2. Full OCR
  3. Multi-lingual support
  4. Flexible Output
  5. Extensive connectivity
  6. Deep Indexing
  7. Enterprise Search
  8. Versioning
  9. Unsupervised Data Labelling
  10. Custom Visualization
  11. Enterprise Dashboard

 

 

Current Market

 

  1. One of the world’s Top 4 Accounting and Professional Services firms – UK
  2. A US, Federal Government, IT Solutions provider
  3. A data security software and services provider - India.
  4. An end-to-end supplier for school uniforms – India.

 

 

Target Clients

 

Enterprises targeting automation of business process for

  1. Industry 4.0 upgrade,
  2. Regulatory Compliance,
  3. Data Privacy Compliance or Cost Efficiency
  4. Competitive Advantage goals

 

 

Pricing / commercial model

Use cases

A Data Company