HyperScience: The Company That Automates Back-Office Work Though Artificial Intelligence

Artificial Intelligence has a lot of potential and can even replace humans in most of the work. HyperScience, a company based in New York City is bringing general purpose AI into the market to meet the data processing requirements of today.

HyperScience specializes in automation of office work for companies and government organizations. Their software uses machine learning and handles routine work in an organization thereby decreasing their work and making them available for complex tasks. The various software products from the company include HS Forms, HS Freeform and HS Evaluate, reported Business Insider.

These software products from HypeScience are designed for speeding up the work involving loads of data entry. HS Forms helps an organization to process a large number of forms and the AI instantly converts handwritten forms into digital text, thereby, speeding up data entry significantly.

HS Freeform does the opposite of what HS Forms do. This software understands even the meaning of the text in an email or a letter. This software's potential, organizations can filter through the huge amount of handwritten or typed content and from the data obtained they can designate the right department for that particular document, reported TechCrunch.

HS Evaluate is the last product from the company that features AI. This software lets the organizations do complex claims or application approvals in a much simpler way. Just like in an insurance company, HS Evaluate can parse through the claim and extract relevant information from the document leaving the irrelevant data. HyperScience says it can also highlight the content which is required by the organization and process data accordingly to the organization's pre-set requirements.

These software products from HyperScience automate the tasks which are normally designated to humans. HyperScience has been delivering AI solutions to private companies and government organizations since 2013. The company has raised $18 million in financing from FirstMark Capital and Felicis Ventures.