Evolution AI Blog

Using AI to Extract Data from Complex Tables: Benefits and Considerations

Deep learning and Optical Character Recognition (OCR) have combined forces to form a cutting-edge AI solution for capturing data from complex tables.

Miranda Hartley

September 25, 2023

Five Tips for Introducing AI Automation into the Workplace

Using our clients' experiences and insights, we explore the best change management practices for introducing AI-based solutions into the workplace.

Miranda Hartley

September 25, 2023

AI in Asset Finance: An Overview of Evolution AI’s Journey

In May 2023, Evolution AI joined forces with Asset Finance Connect and exhibited at their annual conference. Discover more about Evolution AI's journey with asset finance and its key insights from the Asset Finance Connect conference.

Miranda Hartley

September 18, 2023

Extracting Data From Bank Statements in 2023: Benefits and Considerations

Automated extraction from bank statements harnesses a winning combination of technologies to identify, capture and appropriately structure data points.

Miranda Hartley

September 11, 2023

What Is Intelligent Data Extraction?

Intelligent data extraction, also known as intelligent data capture, is an emerging technology designed to relieve the inefficiency of manual extraction and obsolete information capture technology.

Miranda Hartley

September 11, 2023

5 Applications of Automated Data Extraction in Financial Services

The real-world applications of AI-powered automated data extraction are diverse. For businesses in the financial services sector, harnessing this technology for various purposes is now easier than ever.

Miranda Hartley

August 31, 2023

Using AI to Extract Unstructured Data From PDFs: Benefits & Considerations

Global enterprises are always looking for innovative ways to unlock insights from the quantities of unstructured data they receive. Using automated AI to capture the relevant information they need is one of the most effective strategies.

Miranda Hartley

August 23, 2023

Exploring AI Data Extraction Technology for Litigation Funding: Benefits and Potential Pitfalls

In litigation finance, identifying the cases worthy of investment is a process that relies on human acuity - but can be expedited via automated AI.

Miranda Hartley

August 14, 2023

Approaches to Invoice Data Extraction in 2023

Batch extracting data from PDFs is an essential task for businesses in most industries. In this article, we’ll examine each the merits and potential pitfalls of each approach, using invoices as a reference.

Miranda Hartley

July 28, 2023

The Real Cost of Manual Data Extraction

To many companies, manual data extraction is expensive but ultimately inevitable. But what does this approach to data extraction cost?

Miranda Hartley

July 21, 2023

How to Use ChatGPT to Extract From PDFs

Initially released in November 2022, ChatGPT revolutionised the mainstream perception of AI. In this post, we explore how ChatGPT can be used to extract and summarise information from PDF files.

Miranda Hartley

July 14, 2023

How to Extract Data From Financial Statements

In 2023, dubbed ‘the year of AI’ by the media, there are multiple high-quality AI-powered data extraction tools for financial statements. In this article, we break down how these tools work and how they can be used to extract data seamlessly.

Miranda Hartley

July 7, 2023

Webinar - Leveraging AI for Commercial Finance: Expert Insights and Best Practices

Our most recent webinar explored the unvarnished reality of AI technology in commercial finance.

Evolution AI

June 26, 2023

5 Common Myths About AI-Based Data Extraction Debunked

The portrayal of AI in media has given rise to a slew of misconceptions that threaten to tarnish its reputation. In this article, we debunk five of the biggest misconceptions about AI-based data extraction technology.

Miranda Hartley

May 12, 2023

How to Extract Data from Bank Statements - Five Things to Consider

It can be challenging to know how to start a data automation project. We share our industry insight and reveal the five core considerations that will make your data extraction project for bank statements successful.

Miranda Hartley

April 21, 2023

How to Automate Data Extraction in Underwriting

Business finance providers are under increasing pressure to deliver quick loan decisions but are often slowed down by poor-quality data extraction in the credit evaluation process. Automated data extraction offers a cost- and time-effective solution.

Miranda Hartley

April 11, 2023

Introducing our new UI and the story behind it

Evolution AI has recently upgraded its UI (user interface) in a challenging yet rewarding journey.

Miranda Hartley

February 16, 2023

The machine learning community is moving to Mastodon

The Machine Learning Community on Mastodon

Dr Martin Goodson

November 22, 2022

Transforming private equity data operations with Intelligent Document Processing

Before IDP, there was OCR (optical character recognition) technology. Unfortunately, OCR requires standardised templates and performs poorly when processing new document layouts. IDP is the scalable, future-proof solution to this problem.

Paul Quigley

August 31, 2022

Automated invoice processing - how to process invoices at scale

Automated invoice processing is the modern, scalable solution for invoice management. Automation solutions are becoming a core component for accounts payable (AP) departments when processing invoices at scale.

Paul Quigley

July 6, 2022

How to extract financial data from PDFs

Discover how to extract financial data from PDF documents at scale using Intelligent Document Processing (IDP) technology.

Paul Quigley

May 17, 2022

Evolution AI produces breakthrough data extraction technology

Evolution AI has created the first 'zero-shot' data extraction model, meaning businesses can now extract data without lengthy training and configuration.

Evolution AI

May 13, 2022

Webinar: AI for ESG Data in the Asset Management Industry

Our recent webinar features a discussion from SOF, Authentic Evidence and Evolution AI about key trends in ESG reporting. We focus on the application of AI to gain a competitive advantage in data collection.

Dr Martin Goodson

December 13, 2021

Webinar: Advances in AI for Private Equity and Asset Management

Hear from Unigestion, Aztec Group and Evolution AI on recent advances in AI. In this webinar, we discussed how new technologies have allowed the automation of operational processes, leading to an unprecedented decrease in costs and reputational risks.

Dr Martin Goodson

October 18, 2021

Fintech awards crown us UK and European leaders in data extraction

How we've been recognised as the best artificial intelligence data extraction company in the UK and Europe in Fintech Awards 2021.

July 16, 2021

Why is it so difficult to define artificial intelligence?

The European Union published the Artificial Intelligence Act last week. The Act is the most wide-ranging set of rules for AI yet created by any legislative body. All technologists should be aware of its contents. But I will not be discussing much of that here. I'm interested in the Act's promise to provide 'a single future-proof definition of AI'.

Dr Martin Goodson

April 28, 2021

Benchmarking deep learning workloads with tensorflow on the NVIDIA GeForce RTX 3090

We benchmarked the deep learning performance of the latest NVIDIA RTX 3090 GPU.

Rafal Kwasny, Daniel Friar, Giuseppe Papallo

September 29, 2020

An ImageNet-like text classification task based on Reddit posts

Today we are announcing a new NLP dataset which we are hosting on Kaggle, based on self-posts from reddit.com.

Rafal Kwasny, Daniel Friar, Giuseppe Papallo

September 8, 2020

Seven benefits of RPA and AI technology partnerships

The technology partnership announced between UiPath and machine reading company Evolution AI has led us to think about some of the benefits of technology (as opposed to implementation) partnerships.