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Cognitive Software Robots from Loop AI Labs Harvest “Dark Data” to Automate Business Processes

An Intellyx Brain Candy Brief

Most enterprise organizations have thousands of knowledge workers who use structured data to make decisions and execute business processes. In doing so, they use a wealth of other information to perform their function — things like past experience, unwritten rules, and institutional knowledge.

https://intellyx.com/wp-content/uploads/2017/01/logo-7-214x146.png 214w, https://intellyx.com/wp-content/uploads/2017/01/logo-7-50x34.png 50w, https://intellyx.com/wp-content/uploads/2017/01/logo-7-366x250.png 366w, https://intellyx.com/wp-content/uploads/2017/01/logo-7.png 550w" sizes="(max-width: 300px) 100vw, 300px" />AI companies call this unstructured information “dark data.” Loop AI Labs believes that as much as 90% of the information used by enterprise knowledge workers is, in fact, dark data — and their aim is to harvest it, combine it with an organization’s existing structured data and use the combination to create cognitively-enabled applications that will automate business processes and decision making.

Loop AI Labs is a leader in a developing part of the AI market called Robotic Process Automation. Their unique approach does not require an army of data scientists or heavy “training” of the AI platform. Instead, they create a “software robot” (it exists only in software form) for each customer “from scratch.”

Discerning patterns from historical data and business process activities, the software robot creates a logic model for the organization’s business processes. Utilizing that model, they can then automate a large portion of an organization’s business processes and decision-making demands. The results can represent significant operational gains in productivity, efficiency, and accuracy.

Copyright © Intellyx LLC. Intellyx publishes the Agile Digital Transformation Roadmap poster, advises companies on their digital transformation initiatives, and helps vendors communicate their agility stories. As of the time of writing, Loop AI Labs is an Intellyx customer. None of the other organizations mentioned in this article are Intellyx customers. To be considered for a Brain Candy article, email us at pr@intellyx.com.

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More Stories By Jason Bloomberg

Jason Bloomberg is a leading IT industry analyst, Forbes contributor, keynote speaker, and globally recognized expert on multiple disruptive trends in enterprise technology and digital transformation. He is ranked #5 on Onalytica’s list of top Digital Transformation influencers for 2018 and #15 on Jax’s list of top DevOps influencers for 2017, the only person to appear on both lists.

As founder and president of Agile Digital Transformation analyst firm Intellyx, he advises, writes, and speaks on a diverse set of topics, including digital transformation, artificial intelligence, cloud computing, devops, big data/analytics, cybersecurity, blockchain/bitcoin/cryptocurrency, no-code/low-code platforms and tools, organizational transformation, internet of things, enterprise architecture, SD-WAN/SDX, mainframes, hybrid IT, and legacy transformation, among other topics.

Mr. Bloomberg’s articles in Forbes are often viewed by more than 100,000 readers. During his career, he has published over 1,200 articles (over 200 for Forbes alone), spoken at over 400 conferences and webinars, and he has been quoted in the press and blogosphere over 2,000 times.

Mr. Bloomberg is the author or coauthor of four books: The Agile Architecture Revolution (Wiley, 2013), Service Orient or Be Doomed! How Service Orientation Will Change Your Business (Wiley, 2006), XML and Web Services Unleashed (SAMS Publishing, 2002), and Web Page Scripting Techniques (Hayden Books, 1996). His next book, Agile Digital Transformation, is due within the next year.

At SOA-focused industry analyst firm ZapThink from 2001 to 2013, Mr. Bloomberg created and delivered the Licensed ZapThink Architect (LZA) Service-Oriented Architecture (SOA) course and associated credential, certifying over 1,700 professionals worldwide. He is one of the original Managing Partners of ZapThink LLC, which was acquired by Dovel Technologies in 2011.

Prior to ZapThink, Mr. Bloomberg built a diverse background in eBusiness technology management and industry analysis, including serving as a senior analyst in IDC’s eBusiness Advisory group, as well as holding eBusiness management positions at USWeb/CKS (later marchFIRST) and WaveBend Solutions (now Hitachi Consulting), and several software and web development positions.