CriticalRiver, Accure.ai join hands to provide accelerated AI/ML platform

Update: 2023-02-14 13:41 GMT
The multi-year innovation partnership also aims to accelerate the use of AI to improve financial services. (DC Image)

HYDERABAD: Global digital and technology consulting services company CriticalRiver announced here on Tuesday that it has entered into a partnership with Accure.ai, a data engineering and machine learning platform.

Through this partnership, CriticalRiver aims to provide enterprises and corporate houses with an accelerated AI/ML platform - Momentum AI - that enables them to automate their business processes more efficiently and address key challenges in industries across banking & finance, healthcare, manufacturing, and government bodies.

The multi-year innovation partnership also aims to accelerate the use of AI to improve financial services.

Momentum AI is an AI/ML platform that assists at every stage of the AI workflow—from data ingestion to data processing, creating a data lake and data pipeline, and developing AI solutions using Optical Character Recognition (OCR), Intelligent Character Recognition (ICR), Natural Language Processing (NLP), computer vision, deep learning AI models, and eventually visualizing the results in the Business Intelligence layer of Momentum.

It also enables businesses to automate processes and gain rapid business insights through applications. This helps businesses gain a competitive edge over their competition and develop various applications, including intelligent avatars, speech AI, and fraud detection.

Speaking about the partnership senior vice president of Digital Transformation, CriticalRiver Inc., Chandra Gundlapalli said, “We are very excited about the potential of a strategic partnership to achieve our vision for modernization. With our expertise in AI/ML, we aim to assist our global customers in streamlining their processes and creating solutions that enhance risk management, efficiency, and customer service.”

The collaboration aims to make a strategic impact by utilizing Accure.ai's Momentum platform, which offers support throughout the AI workflow, including data processing, AI model training, simulation, and large-scale deployment. The platform enables CriticalRiver's proven data scientist innovation team to accelerate the automation of business processes for its customers, create innovative roadmaps to fuel sustainable growth, fasten the development of a broad range of solutions, and power end-to-end offerings.

"We are thrilled to partner with CriticalRiver and their team of data science experts to bring the power of our Momentum platform to more businesses," said Mogishuddin Raza, co-founder & COO of Accure.ai.  

The partnership will help CriticalRiver's customers develop predictive models and automate business processes, ultimately helping them gain a competitive edge.

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