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LEVERTON has been recognized by CIO Applications Europe Magazine as the exclusive recipient of “Top 20 Machine Learning Solution Providers - 2018,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications Europe research and editorial team based on insights from an interview with Abhinav Somani, CEO.

LEVERTON

LEVERTON
AI-Powered, Deep Learning Data Extraction Pioneer

CIO VendorAbhinav Somani, CEO
Artificial intelligence is undoubtedly becoming an inevitable component of every industry. From curbing cyber-attacks to bolstering marketing activities, the use of artificial intelligence in routine enterprise applications is inevitable. Industry veterans opine that the technology has much more to offer and possesses the potential to empower organizations beyond imagination. For instance, most enterprises today possess enormous volumes of data, but very little of it has been utilized for analytical purposes mainly due to their unstructured formats. The employment of human capacity to manually parse documents and derive vital information to facilitate decision making isn’t cost effective or efficient either.

LEVERTON employs natural language processing and proprietary deep learning algorithms to decipher unstructured documents effortlessly. Since its inception in 2012, the company’s highly-qualified research team has strived to develop patent pending disruptive, deep learning technologies a few steps above traditional data extraction applications. LEVERTON’s AI-powered platform helps derive structured data from large unstructured data chunks and eventually propels organizational growth, a unanimous need of organizations all over the world.

The global company has bagged Realcomm’s Best Technology and Innovation Award for its AI-powered, unique platform.


The ability to structure the data and make it accessible for further analysis makes LEVERTON the ‘go-to’ machine learning technology solution provider. “Our team’s continual efforts have resulted in a platform that scrutinizes any document, comprehends, and decrypts data embedded in a myriad of formats, to facilitate better data and smarter decisions,” says Abhinav “Abe” Somani, CEO, LEVERTON.

LEVERTON, with a presence in New York, Berlin,and London, tailors its SaaS-based solution to best suit the needs of small and medium businesses, real estate owners, brokerage firms, and Fortune 500 enterprises alike. One of the organization’s early success stories involves the assistance they offered to a leading real estate private equity firm seeking retrieval of useful information from around 90 assets. The collaboration between the two firms resulted in mutual satisfaction and soon LEVERTON became a much sought after real estate documentation abstraction expert. In a short period, the company has garnered the trust of over 100 globally renowned firms and more than 7,000 users. The LEVERTON platform currently hosts more than 350,000 documents etched in over 30 languages. The SaaS-based solution is highly preferred by organizations possessing numerous IFRS16/ US GAAP ASC842 compliant documents.

Abe adds that the document management approaches across most organizations today are archaic, and adoption of application programming interfaces that bridge documents with ERP systems can lead to an increase in document management efficiency- -and eventually to organizational empowerment. However, the CEO mentions that it’s vital for organizations to envision the larger picture at hand which will lead to long term profitability versus short term, transient gains – data is the key to unlocking that value. LEVERTON can effortlessly compile data from corporate documentation, export that data into a client’s accounting system, and save costs and energy along the way.

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Top 20 Machine Learning Solution Providers - 2018
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