Recommended NZ | Guide to Money | Gimme: Competitions - Giveaways

Pingar Launches Content Extraction Technology In USA

Contributor:
Voxy Newswire
Voxy Newswire
Pingar Launches Content Extraction Technology In USA

New Zealand -based Pingar, a finalist in the 2011 NZ Hi-Tech Awards, today presented its latest entity extraction and content analysis technology at Launch: Silicon Valley 2011, Silicon Valley’s premier launch event.

One application of the technology, prepared in collaboration with Fuji Xerox NZ, has become the first in the world to be able to automatically assign documents to search terms and work folders as you scan them.

The centrepiece of Pingar’s on-stage presentation was a demonstration of Pingar’s collaboration with Fuji Xerox NZ. In a world first, metadata can now be automatically assigned to digital documents as they are scanned from a hard copy format.

Richard Penny, Market Innovation Manager, Fuji Xerox NZ said: “The integration of Pingar’s metadata assignment components into our SmartConnect platform means that Fuji Xerox NZ’s ability to provide scanning and workflow automation to our customers just took another significant leap forward. The addition of Pingar’s metadata extraction provides our customers with a major opportunity to remove the manual elements of managing, administering and searching for documents inside Microsoft SharePoint and other EDMS’s. It represents a significant advance in scanning technology and the automation of paper-based processes.”

In its sixth year, Launch: Silicon Valley is firmly established as the premier product launch platform for start-ups in the area, and from countries around the world. The event, co-presented by SVASE, Garage Technology Ventures and Microsoft, provides the next generation of emerging technology companies with the opportunity to pitch their products to, and network with, an audience of Silicon Valley’s top VCs, angels, corporate business development executives, prospective customers and partners, bloggers and media.

Peter Wren-Hilton, Pingar CEO says: “We were delighted to be invited to demonstrate our automatic metadata assignment components in front of such a connected audience. It provides Pingar with an excellent platform to present our API at exactly the time we are opening up an office in Silicon Valley. This presentation has accelerated our market entry strategy into North America.”

Pingar’s metadata assignment components address a key pain point for major enterprises. With unstructured data such as emails, word documents and PDFS growing at 40% per year, many enterprises are overwhelmed by the sheer volume of this data. Pingar’s metadata assignment components provide key-word, entity extraction and meaning to these documents, allowing enterprises to create order out of chaos.

Pingar develops world-leading software components that enable enterprises to get value from their unstructured data. In March, Pingar launched its advanced API at the Microsoft SharePoint Conference in Sydney and in April launched its Chinese language version at the International ICT Expo in Hong Kong.

Wren-Hilton has relocated to Sunnyvale, Silicon Valley to build Pingar’s North American office.

ENDS 

All articles and comments on Voxy.co.nz have been submitted by our community of users. Please notify us if you believe an item on this site breaches our community guidelines.