PwC Joins Forces with AI Pioneer Cortical.io
Summary
“In order to create a real value for our customers, our solutions focus on innovative technologies, but only if they have proven their worth in practical applications,” explains Sven Fessler, Senior Manager Big Data & Analytics at PwC Germany.Sascha Demgensky, attorney and auditor at PwC, who, together with Sven Fessler, initiated the partnership, comments: “Next to its disruptive character, Cortical.io’s technology is easily adaptable to any business domain and delivers prompt, impressive results.Cortical.io offers Natural Language Understanding (NLU) solutions based on Semantic Folding, a methodology that opens a fundamentally new perspective on the handling of big text data.Inspired by the latest findings on how the brain processes information, the Cortical.io Retina engine converts language into semantic fingerprints, numerical representations that capture meaning explicitly.The uniqueness of the Cortical.io algorithm makes it possible to solve many open NLU challenges, like meaning-based filtering of terabytes of unstructured text data, real-time topic detection in social media, and semantic searching through millions of documents across multiple languages.