Infinia ML will embed specialized machine learning within Onna's Knowledge Integration Platform, enabling the delivery of new solutions
NEW YORK and BARCELONA, Spain, April 26, 2022 /PRNewswire-PRWeb/ -- Onna, the knowledge discovery leader, today announced a partnership with Infinia ML, a provider of intelligent document processing and insight solutions. The partnership will combine centralized unstructured data in Onna with Infinia ML's machine learning technology, enhancing customers' ability to discover knowledge siloed in their collaboration, communication, and content applications. This will unlock new capabilities to solve custom business challenges, from contract classification and personally identifiable information (PII) detection, to sentiment trend analysis, entity extraction, and more.
This partnership is the latest example of Onna's platform strategy, which extends its capabilities by allowing technology partners to integrate with Onna and build new workflows or applications on top of its software.
Embedding Infinia ML's powerful machine learning within Onna's Knowledge Integration Platform automates customers' ability to discover, classify, and analyze their fragmented information. With connectors to more than 30 of the most popular workplace applications, including Slack, Microsoft 365, Google Workspace, Dropbox, and Zoom, Onna's platform provides a robust and centralized data pipeline – more than a petabyte of data across customers – that Infinia ML can process in seconds to uncover valuable business knowledge.
The initial phase of the partnership will enable Onna to deliver new contract discovery capabilities, giving customers a faster and more cost-effective way to discover, collect, and intelligently process large volumes of contracts from multiple sources in one place.
Whether customers are adopting a new contract lifecycle management (CLM) tool, have a need to find contracts across multiple CLM tools or repositories, or are managing rapid turnaround requirements related to corporate transactions or regulatory events, understanding and organizing contract data is critical. Purpose-built machine learning from Infinia ML classifies contracts using intelligent document processing to quickly understand contract type, executed versus draft agreements, jurisdiction, renewal terms, commercial value, parent-child relationships, and more. Rapid search in Onna allows IT, legal, and corporate development teams to accurately pinpoint the information they need.
"Partnering with Infinia ML brings an additional capability to our platform that enhances our customers' potential to discover and gain insight from their own information. When it comes to contracts, it gives them a competitive advantage by helping them to more quickly and cost effectively identify and mitigate contract-related risks," said Kelly Griswold, Chief Operating Officer at Onna. "In the future, Infinia ML's broad machine learning capabilities will allow Onna customers to leverage intelligent classification for many other data types beyond contracts."
"This partnership is significant for Infinia ML and our shared customers because it allows us to explore and deploy new machine learning use cases in record time," says Rob Delaney, CEO of Infinia ML. "The integration with Onna provides us with a standardized, 'instantly-on' data pipeline for Infinia to configure, train, and continuously improve our machine learning technology. And, because customers can connect new data sources to Onna on the fly, we can integrate data more efficiently. Our team spends more time on generating unique insights and less time on upfront ingestion logistics."
Griswold continued, "Onna is designed to provide an open platform that we, our customers, and our partner ecosystem can build upon to deliver next generation solutions that businesses need to unlock value trapped in unstructured data. Our vision has always been centered on helping enterprises make their data useful, accessible, and private, and continuing to leverage the strengths of technology partners will be key to achieving it."
Media Contact
Hanah Johnson, Onna, 1 (617) 299-9791, [email protected]
SOURCE Onna
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