“The Azure cost structure has reduced our operating costs in ways we never thought possible. The related savings are enabling us to fundamentally change the economics of capturing information.” – Greg Lovett, CEO, Axis Technical Group
Anaheim, CA (PRWEB) January 11, 2016
Axis Technical Group today announced plans to move their Axis AI document classification and data extraction solution to Microsoft Azure. Axis AI extracts essential data from complex structured, unstructured and semi-structured documents with superior speed and accuracy.
Axis AI is the industry’s most advanced data extraction software. It reduces or eliminates the need to manually key and validate the data, freeing up valuable resources to focus on other critical initiatives. By moving the Axis AI SaaS-based solution to Azure, the product will benefit from exceptional scalability and processing capacity. Azure increases computing power at a much lower cost than the previous hosting provider.
“By moving AI to Azure we’ve noticed notable improvements on how we deploy our solution. It is quicker to implement an instance of our solution; we can stand systems up in minutes, not days,“ said Greg Lovett, CEO of Axis.“ Azure is also providing reductions in our hosting operating expenditures, as we realized the computing processing cost of our solution drop dramatically. By passing these savings back to our clients, our solution becomes competitively priced compared to other data extraction offerings.”
It is estimated that up to 80% of the data in an organization is unstructured – information that does not have a well-defined or organized data model. Unfortunately, it is often challenging to analyze, classify, and extract this unstructured data as it is typically highly variable in nature. Axis AI extraction engine using Natural Language Processing and Machine Learning algorithms offers a new alternative to costly and error-prone manual data entry, traditionally applied for extracting critical business data from these complex document types.
“Our customers seek innovative solutions like the Axis AI Platform to identify and explore new insights from their data,” said Nicole Herskowitz, senior director of product marketing, Microsoft Azure, Microsoft. “Axis Technical Group delivers an offering to help our clients find more value in the content they already have.”
Azure removes the need for Axis to manage server infrastructure, allowing the company to quickly build, deploy, and manage modern applications such as Axis AI. Azure Virtual Machines enable implementation of a Windows Server image in the cloud with great flexibility and Azure App Service help Axis quickly and easily create enterprise-ready apps on a scalable cloud infrastructure.
About Axis Technical Group - Axis is a trusted business Software Developer and IT advisor to leading companies in the mortgage, title, healthcare, oil and gas, and financial services industries, and provides the industry leading Axis AI solution for advanced data extraction. The global Axis team provides the sophisticated skills and resources of a global consulting firm with a personal, solution-oriented approach. It is not just about the technology – it is what it can do for your business.