Datamatics zooms on getting patent for AI-powered Intelligent Document Processing Software
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Datamatics Global Services is currently trading at Rs. 611.00, up by 35.15 points or 6.10% from its previous closing of Rs. 575.85 on the BSE.
The scrip opened at Rs. 577.00 and has touched a high and low of Rs. 626.00 and Rs. 568.95 respectively. So far 36066 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 790.20 on 05-Dec-2023 and a 52 week low of Rs. 455.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 626.00 and Rs. 568.95 respectively. The current market cap of the company is Rs. 3625.72 crore.
The promoters holding in the company stood at 66.44%, while Institutions and Non-Institutions held 2.52% and 31.04% respectively.
Datamatics Global Services has been granted a patent for its AI-powered Intelligent Document Processing software TruCap+ i.e. ‘System and Method of Automated Document Processing for Structured, Semi-Structured and Unstructured Documents’.
Datamatics' Intelligent Document Processing (IDP) journey began nearly a decade ago. Over the years, the team has diligently integrated new technologies and features, establishing it as a leading solution in the IDP space - TruCap+. Datamatics TruCap+ automates data extraction from complex structured, semi-structured and unstructured documents. With AI at the core, it enables template-free approach, delivers a greater straight-through processing (STP) with a high accuracy. TruCap+ offers an intuitive UI to deliver business users an efficiency driven solution. Its cloud-based architecture allows TruCap+ to scale on demand while meeting enterprise-grade standards for security, reliability, and integration.
Recently Datamatics further enhanced TruCap+ with GenAI capabilities. It enables customers to leverage the power of GenAI for processing complex and unstructured documents such as legal documents, financial statements, medical images, drawings, graphs, emails, etc. Additionally, it allows customers to query and analyze extracted data using natural language querying feature.
Datamatics Global Services provides intelligent solutions for data driven businesses to increase productivity and enhance the customer experience.
