{"id":119928,"date":"2024-02-28T14:25:27","date_gmt":"2024-02-28T08:55:27","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=119928"},"modified":"2024-02-28T15:04:29","modified_gmt":"2024-02-28T09:34:29","slug":"it-stock-jumps-after-announcing-the-worlds-first-no-touch-loss-run-extraction-technology","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/it-stock-jumps-after-announcing-the-worlds-first-no-touch-loss-run-extraction-technology\/","title":{"rendered":"IT stock jumps after announcing the World\u2019s first no-touch loss run extraction technology\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4059383220\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Multibagger IT Stock engaged in the business of software development and providing software product licenses, related services, and many more jumped 2 percent upon announcing the World\u2019s first no-touch loss run extraction technology.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2874726281\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 14,632 Crores, the shares of Intellect Design Arena Limited were trading at Rs. 1070, up 1.15 percent from its previous day\u2019s close price of Rs. 1,057.&nbsp;<\/p><p>Intellect Design Arena Limited\u2019s Insurtech and Wealthtech brand named IntellectAI today announced the release of the world\u2019s first no-touch loss run extraction technology powered by Gen AI and built on Intellect\u2019s eMACH.ai architecture.&nbsp;<\/p><p>This ground-breaking technology utilizes the strength of Large Language Models to extract data from loss runs in an instant with greater than 95 percent accuracy across all document formats.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3927661181\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Insurers should be able to extract loss data quickly, with outcomes that are easy to read, easy to follow, and with a high rate of accuracy. We\u2019ve been able to make this possible through our advanced use of Gen AI technology.&nbsp;<\/p><p>Following this Insurance Business Head, of IntellectAI, said \u201cWe have solved a problem that the industry has struggled with since generating the first loss run output, and we are now able to accurately extract the loss run information and summarize it. Using AI, we\u2019ve created this capability that now allows insurers, agents, brokers, wholesalers, and MGAs to start saving time and money right away&nbsp;<\/p><p>Intellect Design Arena Limited is engaged in the business of software development and providing software product licenses, related services, and many more. It has a product portfolio across global transaction banking, global consumer banking, intellect AI, etc.&nbsp;<\/p><p>Its revenue from operations grew by 18.80 percent from Rs. 1,878 Crores in FY22 to Rs. 2,231 Crores in FY23, accompanied by profits of Rs. 350 Crores to Rs. 269 Crores.&nbsp;<\/p><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-4216286854\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3146541469\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Multibagger IT Stock engaged in the business of software development and providing software product licenses, related services, and many more jumped 2 percent upon announcing the World\u2019s first no-touch loss run extraction technology.&nbsp; With a market capitalization of Rs. 14,632 Crores, the shares of Intellect Design Arena Limited were trading at Rs. 1070, up 1.15 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-119928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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