endorsedOngoing

Custom AI Development for ESG Data Provider

Services Covered:

AI and Machine Learning • Custom Software Development

Industry

Financial Services

Duration

60 months

Budget

50K - 199K

Start Date

1 August 2021

Team Size

6-10 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

73/100

Good

Project Capability Score (PCS) estimates how capable inoxoft is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Confidential

London, United Kingdom

Project Summary

INOXOFT developed a custom AI tool to extract and store complex data from PDFs using Python and AWS Textract, beginning with a six-week proof of concept to validate machine-learning approaches. The tool enabled the data provider to offer bespoke data services and compete with established firms while keeping costs low, and INOXOFT provided strong project management and a collaborative partnership.

Key Challenges

Need to extract and store complex data from PDFs
Validate that machine learning could complete the required extraction tasks (six-week proof of concept)
Require a cost-effective solution to compete with established firms

Project Deliverables

Custom AI tool for PDF data extraction and storage
Reporting capabilities
Proof of concept (six-week POC)

Project Solution

INOXOFT developed a custom AI tool to extract complex data from PDFs, store the extracted data, and add reporting capabilities. Development followed a six-week proof of concept to validate machine-learning approaches. The team implemented the solution using Python and AWS Textract and worked with about eight teammates (including a project lead, 4–5 coders, and an analyst).

Project Outcome

The tool enabled the client to cater to bespoke data needs and launch their business
The client can compete with established firms while investing a fraction of the cost
INOXOFT met budget and timeline requirements and provided consistent communication via weekly check-ins and Slack
The client plans to begin another project with INOXOFT

Platforms

Cloud

Tech Stack

Python
Amazon Web Services (AWS)

Client Endorsement

Overall Review Rating

4.63

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“The new AI tool is instrumental to the client's success — they've been able to launch their business and compete with established firms in their field. INOXOFT's services have been cost-effective and they've managed the project well. Their focus is on curating a valuable partnership with the client.”
Anonymous
CEO
Date: 03/21/2022