Aptive Resources and Hyperscience have partnered to deliver Artificial Intelligence (AI) and Machine Learning-based automation solutions for the federal government and its commercial business partners. As a small business, Aptive develops, integrates and deploys automated data processing systems at rapid speed. Aptive has cultivated significant expertise with emerging tools and technologies such as the Hyperscience Intelligent Document Processing solution in order to drive continuous innovation for its customers.
Every day, public sector organizations must efficiently and effectively process millions of applications, claims forms, tax documents and other pages. These documents come in a wide variety of formats, often with poor readability, high variability and requiring a large data entry workforce, making it difficult to reliably and efficiently process and extract data for downstream usage.
“Manually extracting data from digitized records into IT systems is tedious, expensive and error-prone,” said Patrick Sullivan, Aptive’s Vice President of Technology Services and Digital Innovation.
“Most legacy Optical Character Recognition products are based on outdated, rules-based technology that fails to deliver reliable results when faced with real-world document conditions. Through our strategic partnership with Hyperscience, our automation and advanced analytics toolbox now has modern, best-in-class Intelligent Document Processing capabilities that can automate over 90% of document processing and data extraction without sacrificing accuracy.”
The Hyperscience Intelligent Document Processing offering uses a proprietary AI and Machine Learning-based approach to automatically classify and extract structured, computable data from diverse document types, including messy handwritten forms and low resolution or distorted images that cause legacy technology to fail. Hyperscience automates over 90% of data entry with over 99% accuracy, far surpassing the average industry accuracy rate which hovers around 55%. Hyperscience continues to learn an organization’s data, behind their firewall, to drive lower error rates and higher automation.
“We’re thrilled to partner with Aptive to bring our best-in-class automation technology to more federal and commercial customers,” said Brendan MacCarthy, Area Vice President of Federal Sales at Hyperscience.
“Over the last few months, Hyperscience and Aptive have worked together closely to implement the Hyperscience technology at a federal cabinet-level agency that provides integrated benefits at medical centers and outpatient clinics across the country, resulting in less manual work, more accurate and complete data, and faster response times for citizens. We look forward to strengthening our partnership and leveraging Aptive's breadth and expertise to fuel accelerated growth”
Through the partnership, Aptive offers its clients cost-effective methods to automatically extract key data from unstructured sources, with use cases ranging from business process automation to advanced data analytics.
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About Aptive Resources
Led by CEO Rachele Cooper, a Navy Veteran and aerospace engineer, Aptive is a trusted partner and consulting services provider for federal organizations seeking to accomplish strategic transformations, improve performance and leverage modern technology. Aptive is an ISO 9001:2015 and CMMI L3 certified business and has supported the federal government for more than a decade across a range of high-profile programs. Learn more at www.aptiveresources.com
Hyperscience modernizes mission-critical processes and operations for Global 2000 organizations and governments. Since 2014, Hyperscience’s automation technology helps data-centric companies parse through vast amounts of unstructured inputs and raw information to make swifter and smarter business outcomes. Through the Hyperscience Platform, enterprises are empowered to transform their operations, and drive operational efficiency as well as human productivity by fully unlocking the power of their data. Ranked on the Inc. Fastest-Growing Company List, Hyperscience has raised $190M+ from investors including Tiger Global, Bond Capital, Bessemer Venture Partners, Stripes, FirstMark Capital and Battery Ventures. The company has a global footprint with offices in New York City, Sofia, Bulgaria, and London, UK. For more information: www.hyperscience.com