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H2O.ai Announces H2O Document AI to Automate Document Processing

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H2O Document AI Includes H2O.ai’s Latest Innovations in Machine Learning to Automate Processing a Vast Variety of Document Types, for Organizations of All Kinds, With Accuracy and Speed not Previously Possible

Today, leading AI cloud provider H2O.ai, announced the general availability of H2O Document AI, a machine learning service that understands, processes, and manages the large volume and types of documents and unstructured text data that businesses and organizations handle every day. H2O Document AI streamlines processes, reduces costs, and discovers new information and insights contained in documents. H2O Document AI “learns as it goes,” continuously improving processing accuracy using H2O.ai’s latest innovations in machine learning and deep learning to achieve automation across business verticals and use cases not previously possible.

H2O Document AI uses H2O.ai’s best in class data science technology to extract insights and create value from documents using a combination of Intelligent Character Recognition (ICR), which leverages learning algorithms for generalizable character and word recognition, document layout understanding, and Natural Language Processing (NLP) to rapidly make highly accurate models.

H2O Document AI helps organizations quickly and accurately process documents and unstructured text data to increase productivity and find hidden insights. H2O Document AI provides automation not previously possible by combining state-of-the-art Intelligent Character Recognition (ICR), Natural Language Processing (NLP), computer vision and layout intelligence. H2O Document AI comes pre-built with recipes created by H2O.ai’s two dozen Grandmasters (best in the world data scientists); a sophisticated labeling and training workflow; self-service capabilities to create, deploy, and manage high-accuracy AI models to classify documents and pages, in addition to extracting value, and meaning. The service has flexible out-of-the-box document pre- and post-processing and seamlessly integrates with customers’ existing business processes and workflows. H2O Document AI not only identifies entities and classifies them, but also understands the document and constituent pages, sections, and layout to provide additional context that can help drive decision-making and lead to an improved end-customer experience.

Document data can easily be used to build smart searches on large archives of documents, or it can be loaded into a datastore to be queried, analyzed, audited, or used by other applications. H2O Document AI provides a workflow that goes from labeling to training to scoring to low touch integrations and consumption options. It is customizable and extensible, and works in conjunction with H2O AI Cloud, so customers can easily scale to additional use cases. And, the types of documents that benefit from AI-enabled ICR and NLP are numerous, including mortgage paperwork, receipts, applications of all kinds (life insurance, jobs, loans), tax documents, employment records, and more.

About H2O.ai
H2O.ai is the leading AI cloud company, on a mission to democratize AI for everyone. Customers use the H2O AI Cloud to rapidly solve complex business problems and accelerate the discovery of new ideas. H2O.ai is the trusted AI provider to more than 20,000 global organizations, including AT&T, Allergan, Bon Secours Mercy Health, GlaxoSmithKline, Hitachi, Kaiser Permanente, Procter & Gamble, PayPal, PwC, Reckitt, Unilever, Walgreens, over half of the Fortune 500, and one million data scientists. Commonwealth Bank of Australia, Goldman Sachs, NVIDIA, and Wells Fargo are not only customers and partners, but strategic investors in the company. H2O.ai’s customers have honored the company with a Net Promoter Score (NPS) of 78, the highest in the industry, based on breadth of technology and deep employee expertise. Over 20 of the world’s top Kaggle Grandmasters (the community of best-in-the-world machine learning practitioners and data scientists) are H2O.ai employees. A strong AI for Good ethos to make the world a better place and leading in Responsible AI drive the company’s purpose.

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