AWS for Industries
Tag: Amazon Textract
How does Cloud enable the transformation of Bank finance functions?
Bank CFOs are transforming their finance functions from both an operations and technology perspective, innovating to simplify their organisational model, increase efficiency and deepen the insight they provide to stakeholders. Cloud technology is enabling these changes by providing a new set of tools to solve some of the enduring business challenges that they face. In […]
Black Knight Continued Innovation with Document Extraction using AWS Machine Learning Capabilities
Black Knight, Inc. (NYSE:BKI) is transforming the mortgage industry and reimagining the home ownership journey for its customers by utilizing digital engagement, automation, and machine learning (ML). Black Knight Origination Technologies leverages AWS ML solutions to better standardize and validate bank statements, thereby increasing accuracy, reducing manual effort, and lowering costs. This is an example […]
BKV Breaks Free from Siloed Systems with Cloudwick’s Amorphic Data Cloud for AWS
Across the oil and gas industry, companies struggle to gain insights from data spread across siloed systems and processes. For BKV Corporation (BKV), these challenges were all too familiar, but the energy company recognized that unlocking the full value of its data was necessary for future growth. After a large acquisition in 2020, BKV knew […]
Intelligent processing of energy industry PDF reports with Amazon Textract
Customers in the energy and utilities industry process PDF documents in a number of use cases. Here are two examples we have worked on: Example 1 – In upstream and midstream, service companies such as SPL Inspection Services generate PDF reports during meter inspections. They send these reports to customers as email attachments. Customers may […]
Improving Safety and Logistics at Well Pads with Amazon Machine Learning Services
Introduction In remote upstream oil and gas facilities, such as well pads, energy companies frequently have various service contractors bringing in items, performing services, and removing items from the site. These facilities most often do not have permanent staff on location. It can be challenging for operators to know who is accessing the facilities. For […]
How WNS Malkom is Redefining Less-Than-Truckload (LTL) Billing Using AWS
Most important document in less-than-truckload (LTL) is the bill of lading (BoL). This is a physical paper document between shipper and carrier acknowledging the receipt of goods for transport. A shipper is a person or company who is the supplier of commodities being shipped. A carrier is a person or company that transports goods for […]
FSI Service Spotlight: Featuring Amazon Textract
Editor’s note: This is the third in a monthly series for Financial Services Industry Service Spotlight. Read Part 1 discussing Amazon SageMaker Notebook Instances. Read Part 2 discussing Amazon Comprehend (excluding Comprehend Medical). — Welcome to the Service Spotlight blog series. In this series, we plan to highlight five key considerations of a particular service […]
Automating claims adjudication workflows using Amazon Textract and Amazon Comprehend Medical
When a medical claim is submitted, the insurance provider must process the claim to determine the correct financial responsibility of the insurance provider and the patient. The process to determine this is broadly known as claims adjudication. It involves creating a claims processing workflow that checks each claim for authenticity, correctness, and validity based on […]