RCS - Innodata Inc. - Innodata Launches AI-Powered Intelligent Insights™

InnodataAnnouncement

26/03/2024 13:45

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RNS Number : 2992I  Innodata Inc.  26 March 2024

Innodata Launches AI-Powered Media Intelligence Feature Intelligent
Insights(TM)

New Large Language Model (LLM) Technology Feature Complements Media Monitoring
Capabilities Within Its Agility PR SaaS Platform

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / Innodata Inc.
(https://pr.report/WGXcmr0o) (NASDAQ:INOD) ("Innodata" or the "Company"), a
leading data engineering company, today announced the release of Intelligent
Insights™, a new generative AI-powered media intelligence feature integrated
into its industry-leading PR platform, Agility PR Solutions ("Agility")
(www.agilitypr.com (https://pr.report/1Tiey2vM) ).

Leveraging generative AI technology, Intelligent Insights enables
organizations to gather on-the-fly insights from global print, broadcast and
social media platforms, contextually analyze specific brand mentions or
trends, and perform language translations. The technology aims to increase an
organization's efficiency by ensuring executives are equipped with the
intelligence needed to make informed decisions for their companies,
reputations, brands, products and industry positioning.

"Intelligent Insights significantly changes the game for organizations that
analyze media for PR or industry intelligence," said Martin Lyster, CEO of
Innodata subsidiary Agility PR Solutions. "Intelligent Insights produces more
robust, on-point media intelligence quickly and accurately. What was once a
'one-size-fits-all' technology, media monitoring is now targeted and refined,
and news briefs are automatically customized. With PR CoPilot™ and
Intelligent Insights, we believe we have become the leader in our competitive
set for generative AI-enablement, and that Agility is poised to become the
'must-have' platform for leading agencies, boutiques, and corporate
communications departments."

A Director of External Communications at a leading tourism marketing
organization shared their experience with the new feature: "Intelligent
Insights has helped our team quickly understand the key takeaways of news
articles. The benefits extend across our entire organization, making our media
analysis smarter and more useful while saving valuable time."

"Last year, Agility launched PR CoPilot, which brought the power of generative
AI and large language models to the task of writing press releases and media
pitches," said Jack Abuhoff, CEO of Innodata. "Today, we're bringing large
language model technology to media monitoring, the second major component of
an integrated public relations suite. When we launched PR CoPilot, we saw our
demo-to-close rates double, and based on the reaction we've gotten from pilot
customers, we are optimistic that this new technology will be strongly
received by our target markets."

To learn more about Intelligent Insights or to give Agility a try, book a demo
at https://www.agilitypr.com/book-a-demo/ (https://pr.report/5G1KILTU) .

To learn more about Innodata's other industry platforms or to learn how we can
support your generative AI initiatives, contact Danielle Rue at
drue@innodata.com.

About Innodata

Innodata (NASDAQ:INOD) is a global data engineering company delivering the
promise of AI to many of the world's most prestigious companies. We provide
AI-enabled software platforms and managed services for AI data
collection/annotation, AI digital transformation, and industry-specific
business processes. Our low-code Innodata AI technology platform is at the
core of our offerings. In every relationship, we honor our 30+ year legacy of
delivering the highest quality data and outstanding service to our customers.
Visit www.innodata.com (https://pr.report/BcyDYvUh) to learn more.

About Agility PR Solutions

Agility PR Solutions, an Innodata company, provides an innovative,
industry-leading PR platform that streamlines media monitoring, outreach, and
analysis all within an intuitive interface. Our platform was ranked a 2023
Momentum Leader by software review site G2. Our innovative and intuitive SaaS
platform, combined with at-the-ready deep expert support, enables PR
professionals to drive increased business impact in an ever-changing media
landscape. Consistent with Innodata's overall mission of delivering the
promise of AI, Agility enables PR pros to leverage today's most exciting
generative AI technologies in pursuit of their mission. Visit
https://www.agilitypr.com/ (https://pr.report/tJiMs4Gj) to learn more.

Forward-Looking Statements

This press release may contain certain forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and
Section 27A of the Securities Act of 1933, as amended. These forward-looking
statements include, without limitation, statements concerning our operations,
economic performance, and financial condition. Words such as "project,"
"believe," "expect," "can," "continue," "could," "intend," "may," "should,"
"will," "anticipate," "indicate," "predict," "likely," "estimate," "plan,"
"potential," "possible," "promises," or the negatives thereof, and other
similar expressions generally identify forward-looking statements.

These forward-looking statements are based on management's current
expectations, assumptions and estimates and are subject to a number of risks
and uncertainties, including, without limitation, impacts resulting from the
continuing conflict between Russia and the Ukraine and Hamas' attack against
Israel and the ensuing conflict; investments in large language models; that
contracts may be terminated by customers; projected or committed volumes of
work may not materialize; pipeline opportunities and customer discussions
which may not materialize into work or expected volumes of work; the
likelihood of continued development of the markets, particularly new and
emerging markets, that our services support; the ability and willingness of
our customers and prospective customers to execute business plans that give
rise to requirements for our services; continuing reliance on project-based
work in the Digital Data Solutions (DDS) segment and the primarily at-will
nature of such contracts and the ability of these customers to reduce, delay
or cancel projects; potential inability to replace projects that are
completed, canceled or reduced; continuing DDS segment revenue concentration
in a limited number of customers; our dependency on content providers in our
Agility segment; the Company's ability to achieve revenue and growth targets,
difficulty in integrating and deriving synergies from acquisitions, joint
ventures and strategic investments; potential undiscovered liabilities of
companies and businesses that we may acquire; potential impairment of the
carrying value of goodwill and other acquired intangible assets of companies
and businesses that we acquire; a continued downturn in or depressed market
conditions; changes in external market factors; changes in our business or
growth strategy; the emergence of new, or growth in existing competitors;
various other competitive and technological factors; our use of and reliance
on information technology systems, including potential security breaches,
cyber-attacks, privacy breaches or data breaches that result in the
unauthorized disclosure of consumer, customer, employee or Company
information, or service interruptions and other risks and uncertainties
indicated from time to time in our filings with the Securities and Exchange
Commission.

Our actual results could differ materially from the results referred to in
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to, the risks discussed in Part I,
Item 1A. "Risk Factors," Part II, Item 7. "Management's Discussion and
Analysis of Financial Condition and Results of Operations," and other parts of
our Annual Report on Form 10-K, filed with the Securities and Exchange
Commission on March 4, 2024, as updated or amended by our other filings that
we may make with the Securities and Exchange Commission. In light of these
risks and uncertainties, there can be no assurance that the results referred
to in the forward-looking statements will occur, and you should not place
undue reliance on these forward-looking statements. These forward-looking
statements speak only as of the date hereof.

We undertake no obligation to update or review any guidance or other
forward-looking statements, whether as a result of new information, future
developments or otherwise, except as may be required by the Federal securities
laws.

Company Contact

Marcia Novero

Innodata Inc.
Mnovero@innodata.com

(201) 371-8015

SOURCE: Innodata Inc.

 

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