Global AI in banking market to reach $64.03 billion by 2030

Increase in investment by banking companies in AI and machine learning solutions, rise in preference for personalized financial services, and surge in collaboration between financial institutes and AI solution company fuel the growth of the global AI in banking market. As per the report published by Allied Market Research, the global AI in banking market […]

Uhura Solutions achieves ISO/IEC 27001:2013 certification

Uhura Solutions, a low-code contract intelligence platform, has achieved ISO/IEC 27001:2013 certification for meeting the highest international standards of information security management systems.The ISO/IEC 27001:2013 is the globally recognised standard for establishing, implementing, operating, monitoring, maintaining, and improving an ISMS, developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It […]

Gartner forecasts worldwide AI software market to reach $62 billion in 2022

The analyst firm Gartner has said that artificial intelligence software will make up $62.5 billion in revenue in 2022, rising by more than a fifth (21.3%) compared to 2021. Enterprises will most likely spend the majority of this money on knowledge management, virtual assistants, autonomous vehicles, digital workplaces and crowdsourced data. Knowledge Management is expected […]

Uhura Solutions at Websummit 2021

We are excited to be part of Web Summit this year in Lisbon! If you happen to be there, come to meet us on Wednesday, November 3rd, we will be at stand number A 628, Pavilion 4, ALPHA 6. Hope to see you there! #AI #contractintelligence #websummit2021

An introduction to information extraction from unstructured and semi-structured documents

Extracting relevant information from unstructured, semi-structured, and structured document images is a common task in many commercial products. There are many information extraction techniques for the business document. Let’s get acquainted with the principles of information extraction from documents. Author: Goran Sukovic, PhD in Mathematics, Faculty of Natural Sciences and Mathematics, University of Montenegro For […]

Uhura Solutions Recognized as a Major Player in the Markets and Research Global Contract Intelligence Market Growth 2020-2025 report

Uhura Solutions has been recognized as a Major Player in contract intelligence in the Markets and Research global contract intelligence market growth (status and outlook) 2020-2025 report. The report covers a variety of contract intelligence vendors and is based on a comprehensive framework to evaluate important aspects of the market.  The report delivers information on key trends, […]

Uhura Solutions Secures Funding from the UK Government

hura Solutions has been awarded funding by Innovate UK’s Sustainable Innovation Fund to develop its contract intelligence platform, which will help businesses to reduce their legal costs and risk exposure. The company is developing advanced AI-based technologies to automate, clarify, and drastically enhance business productivity in relation to legal matters. “The pandemic has disrupted a […]

Why is mathematics important for machine learning engineers and data scientists?

Author: Goran Sukovic, PhD in Mathematics, Faculty of Natural Sciences and Mathematics, University of Montenegro One of the most common questions from my students when they start to learn computer science is, “We are studying for a Computer Science major. Why we have to learn mathematics?” Recently, the question is slightly different. “I want to be […]