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Loop AI Group offers advanced cognitive computing solutions through its Loop Q Cognitive Platform, which is designed to automate tasks using artificial intelligence (AI) technology. The platform, known for its unsupervised learning capabilities, allows it to process both structured and unstructured data without human intervention. Here's an overview of the platform’s features, applications, and solutions:

Platform Overview:

• Unsupervised Learning: Loop Q can autonomously learn from data in any language without requiring predefined labels or human guidance. This distinguishes it from many other AI technologies that rely on supervised learning.
• Deployability: The Loop Q platform can be deployed both on-premise and in the cloud, making it versatile for diverse data security requirements.
• Languages: Loop Q is capable of processing over 15 languages, understanding industry-specific jargon, slang, and unstructured inputs like typos.

Key Features:

• Ease of Deployment and Maintenance: The system is fast to deploy and easy to maintain. It integrates with existing legacy systems to enhance their capabilities.
• Continuous and Automatic Learning: Loop Q continually adapts to new data without requiring manual updates, maintaining high accuracy across various industries.
• Natural Language Processing (NLP): It is designed to quickly glean meaning from language data, which allows for cognitive robotic process automation (RPA) and cognitive applications.

Applications & Solutions:

• Industry Applications: Loop Q is suitable for multiple industries such as banking, insurance, government, and more, providing tailored solutions for back-office automation, customer acquisition, call centers, and predictive maintenance.
• Pandemic Response: The platform assists companies in managing disruptions, particularly during the COVID-19 crisis, by automating up to 85% of help-desk requests and reducing human error, thereby increasing efficiency.
• Cognitive Roadmap: Loop AI provides a structured approach to cognitive transformation in organizations by helping them design a roadmap for integrating AI technologies to optimize processes.

Cost and Efficiency:

• Cost Efficiency: The platform provides significant cost savings compared to traditional human workforces, with reduced hours required due to its automation capabilities. Loop Q robots cost approximately $0.6 per hour, in contrast to the human average of $17 per hour.
• Productivity: Automation leads to a reduction in task errors and improves the overall employee experience, freeing knowledge workers to focus on more complex tasks.

Human Capacity Augmentation:

• The Loop Q platform does not aim to replace human workers but instead to augment their capabilities, making use of cognitive AI to support and enhance human tasks, boosting productivity and accuracy.

Partner and Community Engagement:

• Partnerships: Loop AI has a network of Certified Partners who help organizations leverage its platform’s capabilities in their digital transformations.
• Research & Development: The company maintains a focus on innovation in AI, and employs experts from prestigious AI research backgrounds.

Resources:

• Loop AI offers a variety of resources including whitepapers, analyst reports, and videos to educate stakeholders on cognitive computing and demonstrate the platform’s capabilities.

Overall, Loop AI Group's Loop Q Cognitive Platform presents an advanced solution for organizations looking to integrate AI into their operations, focusing on cognitive automation and enhancing human work processes across various industries.