FORMCEPT: Digital Robot to the Rescue
Suresh Srinivasan & Anuj Kumar
FORMCEPT, a Bangalore based company that has developed a digitized robot named MECBOT which automates enterprises data to insights process flow at ease, so that rich insights can be delivered to the right people at right time in a repeated and consistent manner.
MECBOT is known for generating real time decision making solution to its client
MECBOT– based on Machine Learning, AI and Deep Learning Algorithms uses combination of technology to learn the flow of data once, process it and delivers rich insights to the right people at the right time. MECBOT uses FactorDB, powerful Semantic Data Reservoir for unification of various data that comes at various speeds, removes noise and make the data available for analysis. Once the data is pre-processed and semantically enriched based on the domain, MECBOT enables users to create quickly models through its Wisdom, without worrying about the scale.
“Typically a production quality Big Data application, as per the industry standards, take seight to twelve months to develop. And for each applications to develop you need a team of people to work on all phases of data to insight life cycle. With the help of MECBOT, enterprises can develop production quality cognitive application that can handle large data volumes of varied
Easy Drag and Drop Solution
MECBOT as a first step creates Smart Data Reservoir by unifying data across different sources, pre-process it semantically, harmonizes and applies
MECBOT as a first step creates Smart Data Reservoir by unifying data across different sources, pre-process it semantically, harmonizes and applies contextual enrichment on the data. With Smart Data Reservoir, Data Scientists, Data Analyst or Citizen Data Scientists can explore the data through APIs or through SQL or through “powerful free form search” and also can do some basic statistics or feature engineering by few clicks. As MECBOT already pre-processed the data, the Data Scientists has more time to focus on solving business problem,thereby more data driven decisions can be taken in real time by CXOs. Further explaining Suresh adds, “The Data Scientists need not have to learn any coding or know the nuance about data operations tasks. All they have to do is drag and drop the algorithms and choose the best performing algorithms for their data in hand to build data driven insights or Next best actions.”
Developing Faster Cognitive Application
Known for generating real time decision making solution to its clients, MECBOT carves a niche for itself for being one of a kind platform. Showing their presence, FORMCEPT’s product has been used across various segments, few of which include peripheral banking solution, where the data insight provided by MECBOT is used to deliver satisfying customer relationships.