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DeepCloud, the spinoff of Abacus, is taking off: over 1 million documents processed through its AI.

WITTENBACH, SWITZERLAND

DeepCloud, the Swiss tech company based in Wittenbach, announces a major achievement for its data capture AI, DeepO. Since January 2023, over 1 million documents have been processed by users through DeepO, making it Switzerland’s leading cognitive data capture solution.

Unlike traditional OCR solutions, DeepO goes beyond text recognition, understanding document semantics and integrating information from various sources to provide rich data within seconds.

DeepO is publicly available as a built-in feature of DeepBox, a cloud-based ISO 27001:2013-certified document sharing platform and exclusively hosted on Swiss servers. Through DeepBox, users can benefit from DeepO cognitive data capture capabilities to automatically acquire, analyse, classify and process a wide range of documents, like invoices, receipts, purchase orders, credit notes and pay slips.

DeepO is a feature of DeepBox, but it is also available as an API-based stand-alone solution that can be integrated with both cloud and on-premise technological infrastructures.


Artificial intelligence at the service of people.
The Chief Technology Officer of DeepCloud, Alexander Vegh, highlights the importance of DeepO as a tool to support people: “DeepO’s goal is to cut down unnecessary manual data entry, which typically offers scarce added value and presents a high risk of human error. ​​DeepO also helps people with automated data validation and fraud detection. In addition, thanks to the integration with the Registry of commerce and other third-party sources, DeepO is able to instantly enrich the document with information that is not publicly available or difficult to find manually.”

The AI solution has proved to be up to twenty times faster than manual handling, resulting in an impressive 80% reduction in administrative costs. It offers native integrations with the Abacus ERP software and the AbaNinja accounting tool, enabling seamless connection to Swiss ERPs, and REST API integrations for other ERPs. DeepO has been successfully integrated into various applications, including the AbaClik mobile app and the Swiss real estate platform Tayo.

1.000.000 is just the beginning.
Claudio Hintermann, Chief Executive Officer of DeepCloud, expressed his optimism about the platform’s future growth: “Although at DeepCloud we consider 1 million documents processed in 7 months a major milestone, we believe this is just the beginning as the platform is experiencing a monthly double digit growth while becoming more and more popular.”

DeepO by DeepCloud embodies the power of artificial intelligence in supporting people and revolutionizing data capture, and its future looks brighter than ever.

All information at www.deepo.swiss

The Company
DeepCloud is a highly innovative Swiss tech company, providing cutting edge AI-powered digital services to smooth business efficiency and collaboration. ISO 27001-certified cloud solutions and Swiss based servers offer state-of-the-art security levels. DeepCloud is a spinoff from Abacus Research, the Swiss leader in ERP software.

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