Datamatics wins five Stevie Awards for its IA Suite of products; stock up ~2%

Datamatics TruAI won Gold Stevie and Datamatics TruCap+ won People's Choice Awards at the American Business Awards.

Aug 28, 2020 12:08 IST India Infoline News Service

Datamatics Global Services Ltd. (DGSL), a global Technology, BPM, and Digital Solutions company, on Thursday announced that it won several honours at the Stevie Awards 2020.

The Stevie Awards are the world's premier business awards. Datamatics won the awards for its Intelligent Automation (IA) suite of products, which includes TruAI (Artificial Intelligence), TruCap+ (Intelligent Document Processing), and TruBot (Robotic Process Automation).

Datamatics Global Services Ltd is currently trading at Rs75.50, up by Rs1.45 or 1.96% from its previous closing of Rs74.05 on the BSE. The scrip opened at Rs75.95 and has touched a high and low of Rs80.80 and Rs69 respectively.

TruAI Datamatics TruAI won Gold Stevie Awards in the Digital Process Automation Solutions category at the 18th Annual American Business Awards®. TruAI digitized over 1.8 million unstructured documents for a large bank in the US and helped them reduce operational expenditure by 50% and improve accuracy by 87%. More than 3,600 nominations were submitted in this category.

Datamatics TruAI is a comprehensive Artificial Intelligence and Cognitive Sciences platform that helps enterprises leverage use cases related to pattern detection, text & data mining, and computer vision.

TruCap+ Datamatics TruCap+ won People's Choice Stevie Awards for Favorite New Products. The People's Choice Stevie Awards are a feature of The American Business Awards in which the general public can vote for their favorite new products and services of the year.

TruCap+ also won Bronze Awards at the Asia Pacific Stevie Awards for setting up a paperless digital office for a leading bank and helped them reduce 70% of their efforts by automating their manual process. TruCap+ was selected among the 1000 nominations submitted under Innovation in the Customer Service category.

TruCap+ is an intelligent data capture solution powered by Artificial Intelligence & fuzzy logic that captures data from various unstructured documents with 99% accuracy.

TruBot Datamatics TruBot won Gold Award in the 14th Annual Stevie Awards for Sales & Customer Service. TruBot automated complex customer service requests for a leading Bank in India and helped the client to achieve a 90% improvement in its customer satisfaction level. TruBot was selected among the 2600 nominations received for this category.

Also, TruBot won the Silver award at Asia Pacific Stevie Awards for automating loan requests for a leading NBFC in India, which helped them achieve up to 100% accuracy.

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