Datamatics, a leading global Digital Technologies, Operations, and Experiences Company, has announced the pricing for its highly anticipated GenAI version of its TruCap+ Intelligent Document Processing (IDP) product. This marks Datamatics as one of the first movers in the IDP software space to offer transparent and accessible pricing for its GenAI version, providing customers with an accurate and predictable spends for utilizing GenAI technology. Datamatics launched the TruCap+ GenAI version in Nov 2023 and is generally available to all its customers.
Datamatics TruCap+ is an Artificial Intelligence powered IDP software that automates data extraction from structured, semi-structured and unstructured documents. With AI at the core, it enables template-free approach, delivers a greater straight-through processing (STP) with a high accuracy. TruCap+ offers an intuitive UI to deliver business users a compelling user experience (UX). Its cloud-based architecture allows TruCap+ to scale on demand while meeting enterprise-grade standards for security, reliability, and integration. Recently introduced version, TruCap+ GenAI enables customers to leverage the power of GenAI at a very accessible price point, ensuring faster go-live, and reduced training time and maintenance costs.
TruCap+ GenAI is ideal for complex and unstructured documents such as legal documents, financial statements, medical images, drawings, graphs, emails, etc. Additionally, it allows customers to query and analyze extracted data using natural language querying feature. TruCap+ GenAI proves beneficial especially when there is insufficient data to train AI models and customers require quick turnaround times.
Mitul Mehta, EVP & Chief Marketing Officer at Datamatics, emphasized, "TruCap+ has Artificial Intelligence at the core. Both versions of TruCap+ boast AI features that make it extremely powerful and tailored for distinct use cases. While the classic version of TruCap+ is better suited for semi-structured documents with moderate complexity, TruCap+ GenAI excels with highly complex and unstructured documents, particularly when the business needs to go live faster." He continued, "We take pride in leading the industry with transparent and accessible pricing for the GenAI version of TruCap+. This empowers our customers to strategically plan their automation initiatives without fear of exceeding budgets, all while harnessing the transformative benefits of GenAI technology."
Datamatics has also integrated GenAI capabilities in its RPA product TruBot. The integration offers customers several benefits, including enhanced developer productivity, quicker deployment, cost savings in bot development and maintenance, and support for natural language interaction. Datamatics offers GenAI-powered TruBot at no additional cost to all its existing customers.
Shares of Datamatics Global Services Limited was last trading in BSE at Rs. 532.55 as compared to the previous close of Rs. 519.45. The total number of shares traded during the day was 28058 in over 1477 trades.
The stock hit an intraday high of Rs. 545.25 and intraday low of 520.95. The net turnover during the day was Rs. 14917522.00.