AntWorks is a global, artificial intelligence (AI) and intelligent automation (IA) company that creates new possibilities with data through digitization, automation, and enterprise intelligence. As the world's only integrated intelligent automation platform (IAP), powered by fractal science principles and pattern recognition, ANTstein digitises every type of data for forward-thinking companies looking to achieve straight-through processing. Asheesh Mehra, Co-founder and Group CEO, AntWorks, tells us more. Asheesh Mehra: Today, automation of business processes has moved from being a nice-to-have to a necessity. Analyst firm, Forrester, predicted that business process automation can cut operating costs by up to 90%.

Isaac Asimov, roboticist and science fiction writer, predicted in his novel I, Robot in 1950 that robots and artificial intelligence were going to be banned from Earth in the year 2030. Instead, we are seeing huge advances in AI and this is likely to continue within the next decade. The UK's investment in AI recently reached a record high for 2019, rising from $1.02 billion for the whole of 2018 to $1.06 billion in the first six months of 2019. What's more, the European Commission's new president, Ursula von der Leyen recently made calls for a GDPR-style regulation for the use of AI to be put in place, signaling the predicted mass uptake of the technology amongst businesses across different industries. There are multiple facets of AI, all with varied uses and capabilities, and one area in particular that is attracting a lot of attention is Intelligent Automation.

AntWorks, a global provider of artificial intelligence and intelligent automation solutions powered by fractal science, today announced an exclusive partnership with the SEED Group, a member of The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. The partnership will support expansion of intelligent automation within the Middle East (ME), a region where AI is expected to become a US$320 billion by 2030. The SEED Group establishes groundbreaking companies with a strong presence in the Gulf Cooperation Council (GCC) and will work with AntWorks to offer ethical AI solutions for GCC companies with ANTsteinTM SQUARE, the world's first and only Integrated Automation Platform (IAP), powered by fractal science. AntWorks seek to replicate its success across Asia, the UK and US, where the organisation has automated entire business processes end-to-end for many clients across the BFSI (Banking, Financial Services and Insurance), transportation, logistics and public sector, among others. With successful adoption of AntWorks' IAP solution, businesses will stand to save millions and realise increased performance and efficiency by automating and processing business data, including unstructured data, which will make up 80% of the world's data by 2025.

With successful adoption of AntWorks' IAP solution, businesses will stand to save millions and realise increased performance and efficiency by automating and processing business data, including unstructured data, which will make up 80% of the world's data by 2025. The partnership will help the GCC become a blueprint for the AI economy in the rest of the Middle East, Turkey and Africa, especially as governments look to diversify and drive revenue from non-oil and gas sectors. "We are deeply honored to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group expanding our reach into the Middle East," said Asheesh Mehra, AntWorks Co-Founder and Group CEO. "We see our partnership with SEED Group as an incredible opportunity to bring AntWorks' leading expertise in artificial intelligence to the GCC - helping the UAE's Ministry of AI realise its 2031 Artificial Intelligence Strategy. This is a market that thrives on innovation and has taken some of the most ambitious steps in the world in adopting the use of AI across government and business as they seek to create new economic, social, and educational opportunities for citizens. We look forward to a powerful and productive relationship that will make straight-through processing a reality across the GCC."

Co-Founder and Group CEO, AntWorks -- Asheesh is the co-founder and CEO of AntWorks, a global leader in AI and Robotics. He believes humane, responsible AI is the future, and is excited by its limitless applications to solve for issues t… (show all) Asheesh is the co-founder and CEO of AntWorks, a global leader in AI and Robotics. He believes humane, responsible AI is the future, and is excited by its limitless applications to solve for issues that impact business, our lives and the planet we inhabit. Prior to boarding the entrepreneurial ship, Asheesh headed Infosys BPO – Asia Pacific, Japan and the Middle East. His experience over twenty years has also spanned across leadership roles in large ITeS organizations, such as Mphasis, TCS and WNS, having worked extensively across the UK and the United States.

Singapore on October 13 / PRNewswire / – AntWorks (TM), a global artificial intelligence and intelligent automation based on fractal science solution, today announced the Intelligent Automation Software Technology Innovation Award from the global market research firm Frost & Sullivan. The award recognizes the most innovative industry leaders in various markets. A global team of analysts and consultants across the value chain perform extensive primary and secondary market surveys. In light of the sweeping market success of its integrated automation platform ANTstein (TM) Square, Frost & Sullivan's AntWorks has become a leader in innovative technologies in the field of intelligent automation industry. The intelligent automation platform, based on fully automated processes, uses state-of-the-art technologies such as Cognitive Machine Reading (CMR) and Fractal Science to help organizations streamline their business processes and address key business challenges.

Even after years of experience, senior underwriters can still spend a large part of their day doing the administrative tasks that they were taught early in their careers. AntWorks, a global artificial intelligence (AI) and intelligent automation company, can transform the way they spend their time. "All the rules and learning are completely discoverable, addressing concerns often held about AI and RPA technologies." "In your first weeks of work you may have been trained to recognise insurance slips and documents that brokers might present to you as an underwriter," said Mike Hobday, AntWorks' senior vice president for Europe. "You would be trained to understand the data you need to extract, to think about the standing of the broker and the nature of the risks. You might even make some calculations and underwrite the offered risk by entering data into the core systems of the business. "As a very senior and experienced underwriter, there might still be a large part of your day spent doing the administration you were taught in those earlier days.