IRVINE, CA, United States – June 29, 2022 — Today, Neudesic announced it has been awarded the 2022 MSUS AI Partner of the Year and additionally named a finalist for Global AI Partner of the Year. This recognition reflects Neudesic’s track record in helping clients successfully scale artificial intelligence initiatives, leveraging Neudesic’s award-winning AI accelerators across a diverse set of use cases.

“Neudesic takes pride in our mission to be the global leader in business innovation. This award is a testament to Neudesic’s visionary thinking to deliver and manage world-class business and technology solutions that help our clients thrive in a cloud-first, data-driven world,” said Tim Marshall, co-founder, and president of Neudesic. “We are honored to work side by side with Microsoft over the past two decades, as we share their passion for innovation.  He added, “Our team of world-class data science experts have been instrumental, and I’m continuously impressed by their innovative use of Microsoft Cloud technologies and the impact on our clients. We are honored to be recognized among the pool of distinguished nominees in Microsoft’s partner network.”

The Microsoft Partner of the Year Awards recognizes Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services, and devices during the past year. Awards were classified in various categories, with honorees chosen from a set of more than 3,900 submitted nominations from more than 100 countries worldwide. Neudesic was recognized for providing outstanding solutions and service offerings in Artificial Intelligence for Microsoft Azure.

“I am honored to announce the winners and finalists of the 2022 Microsoft Partner of the Year Awards,” said Nick Parker, corporate vice president of Global Partner Solutions at Microsoft. “These partners were outstanding among the exceptional pool of nominees, and I’m continuously impressed by their innovative use of Microsoft Cloud technologies and the impact for their customers.”

Neudesic has a proven track record of delivering solutions and strategies that help organizations maximize their investments in transformative business initiatives with repeatable IP including:

  1. Neudesic’s Document Intelligence Platform  – enables organizations to apply AI and intelligent OCR to document-intensive workflows, replacing the manual and time-consuming process of extracting data from business documents.
  2. Neudesic’s Data & AI Platform – provides organizations the fastest path to for deploying a modern data and AI platform, including pre-built code for integrating data sources, building data models, data governance, and predictive analytics.

Neudesic’s most recent Data & AI projects and client successes include:

A leading multinational reinsurance company drove $3.3M cost reduction & 99% increase in processing efficiency ​with Neudesic’s AI-powered Document Intelligence Platform​

The client receives nearly 10,000 new life insurance applications on a monthly basis, and their current method of processing is entirely manual. Given that each application includes 150+ pages the client team needed an automated document processing and classification system to reduce their monthly costs, but they also needed to maintain security and compliance, given that they handled sensitive customer data.​ Neudesic’s Document Intelligence Platform allowed non-technical users to apply AI to address these specific needs and provided approximately $3.3M in cost savings and a 95% reduction in processing errors.

A leading American auto insurance company that provides coverage for more than 28 million reduces operational costs related to document processing by more than 90%

Neudesic recognized an opportunity to reduce costs related to inefficient document processing while also reducing risk related to missed expiration dates and on-demand letters that could increase their financial exposure. Neudesic’s document intelligence platform solution enabled automation across the client’s document-intensive workflows, increasing efficiency by 200%.

Leading provider of wealth management, asset servicing, and banking chooses Neudesic’s Document Intelligence Platform to automate document classification and extraction

In considering multiple cloud-based options, the company thought broadly about multiple use cases and scalability. Specifically, they wanted a platform that could be refined and modified over time to meet the needs of specific clients and support different processes. Ease of use and the ability to get smarter over time were other criteria for evaluating and selecting a solution. Neudesic’s Document Intelligence Platform proved to be the right fit and was able to deploy 60% faster than comparable solutions.

One of the largest professional services companies overhauls a costly invoice process with Neudesic’s Document Intelligence Platform

A leading professional services company was processing roughly 1M invoices annually, which included over thousands of hours of manually data entry into the accounts payable system.​ The time-consuming process also resulted in lost and incorrect invoices, which delayed payments. To improve efficiency and reduce billing discrepancies, the client turned to ​Neudesic to automate and accurately capture the invoice data. Neudesic’s Document Intelligence Platform helped improve payment accuracy by 90% and massively reduced the cost of processing invoices.

“Neudesic is pleased to be recognized by Microsoft for our commitment to helping organizations maximize their investments made in transformative business initiatives using Microsoft technologies,” said Mark Jones, Chief Marketing and Alliances Officer. “We value our relationship with Microsoft and see this as a reflection of the continued teaming and collaboration between Neudesic, an IBM company and Microsoft.”

About Neudesic

Neudesic, an IBM company, is the trusted technology partner in business innovation, delivering impactful business results to clients through digital modernization and evolution. Our consultants bring business and technology expertise together, offering a wide range of cloud and data-driven solutions, including custom application development, data and artificial intelligence, and comprehensive managed services. Founded in 2002, Neudesic is headquartered in Irvine, California. To learn more, visit www.neudesic.com.

For additional information, contact:
Tyler Suss
Director, Data & AI, Alliances & Marketing
tyler.suss@neudesic.com