Seal Software's AI-Driven Technology to Advance Companywide Digital Transformation in Procurement at Airbus
Global Leader in Aerospace and Aeronautics Taps Seal's Contract Discovery and Analytics Platform to Achieve Greater Operational Efficiency and Risk Reduction
SAN FRANCISCO, May 21, 2019 /PRNewswire-PRWeb/ -- Seal Software, the leader in contract discovery and analytics, announced today that Airbus (stock exchange symbol: AIR) will further expand its usage of Seal's artificial intelligence-driven technology in support of Digital Transformation Procurement, a strategic initiative that is using emerging technology to bring agility and innovation to nearly every aspect of the company's operations.
Seal is set to deliver more than 80 customized pre-built extraction modules, allowing Airbus to digitize contractual documents and agreement-related images in a first step towards more dynamic search, contract management and analysis capabilities.
Ulf Zetterberg, co-founder and CEO at Seal Software, commented, "In pursuit of corporate objectives to overcome and break down silos, better collect and share information across business units, and foster greater cooperation among teams, Airbus is working closely with Seal to turn contracts from static documents to strategic assets. We are pleased to play a role in this world-renowned organization's digital transformation."
About Seal Software
Seal Software is the leading provider of contract discovery, data extraction, and analytics. With Seal's machine learning and NLP technologies, companies can find contracts of any file type across their networks, quickly understand what risks or opportunities are hidden in their contracts and place them in a centralized repository. Based in the San Francisco Bay Area, Seal empowers enterprises around the world to maximize revenue opportunities, reduce costs, and mitigate risks associated with contractual documents, systems, and processes. For more information, visit Seal Software at seal-software.com.
Seal Software is a trademark or registered trademark of Seal Software, Inc. in the U.S. and/or other countries. All other marks appearing herein are the property of their respective owners.
SOURCE Seal Software
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