Product Overview: Hyperscience
Hyperscience is a leading platform in the field of hyperautomation and intelligent document processing (IDP), designed to automate and transform document-based workflows within organizations. Here’s a detailed look at what the product does and its key features.
What Hyperscience Does
Hyperscience is a cloud-based, input-to-outcome platform that automates the processing of various document types, including structured, semi-structured, and unstructured forms, as well as handwritten text. It leverages advanced machine learning (ML) and optical character recognition (OCR) technologies to extract data from documents, converting them into actionable, machine-readable data. This automation helps organizations streamline their back-office processes, reduce manual errors, and enhance overall efficiency.
Key Features and Functionality
Input and Classification
- The platform features an intuitive user interface that allows users to easily set up and manage the processing of all document types. It accurately classifies documents, making it simple to handle high volumes of document variations quickly.
Data Extraction
- Hyperscience uses proprietary ML models to extract data from complex documents with high accuracy rates, often exceeding 99%. Users can set their own desired accuracy levels, and the system can handle messy handwritten forms, low-resolution images, and other document distortions.
Supervision and Human-in-the-Loop
- The platform includes a human-in-the-loop mechanism, allowing for continuous improvement of ML models through a streamlined task queue and easy-to-use interface. This ensures that edge cases are reviewed and resolved, finetuning the underlying models over time.
Action and Workflow Automation
- Extracted data is routed through bespoke workflows to apply validation, enrichment, case collation, keyword search, or advanced Natural Language Processing (NLP). This enables organizations to drive business outcomes and automate end-to-end business processes.
Integrations
- Hyperscience integrates out-of-the-box with leading software providers, ensuring seamless integration with downstream enterprise systems. This includes integrations with Amazon Simple Storage Service (S3) and other key enterprise tools.
Insights and Reporting
- The platform provides visibility into the performance of both machine and manual data extraction through out-of-the-box reports. These reports include metrics on automation and accuracy levels, throughput, and usage information, helping organizations monitor and optimize their processes.
Advanced Capabilities
- The latest version of the Hyperscience Hypercell platform includes new deep learning models for complex, long-form documents, industry-leading model lifecycle management features, and extensive developer tools. These updates enhance the platform’s ability to understand dense content, streamline AI/ML model management, and strengthen IT governance and security.
Scalability and Security
- Hyperscience Hypercell is designed to scale across the enterprise, harnessing the power of large language models (LLMs) while maintaining high standards of auditability, governance, and security. This ensures that organizations can safely unlock AI potential and comply with regulatory requirements.
Benefits
- Accuracy and Automation: Achieves accuracy rates of up to 99.5% and automation rates of 98%, significantly reducing manual errors and increasing process efficiency.
- Cost Reduction: Can lead to up to 90% cost reduction and up to 67% fewer errors by automating data entry and freeing employees to focus on strategic tasks.
- Fast Deployment: The platform is designed for rapid deployment, requiring minimal technical resources and offering a short time-to-value.
In summary, Hyperscience is a powerful tool for automating document processing, leveraging advanced ML and OCR technologies to extract data accurately and efficiently. Its robust features and integrations make it an ideal solution for organizations looking to transform their manual, document-based workflows into automated, strategic advantages.