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2013 June 01
Company Description
Rainbird is an AI-powered automated decision-making platform that transforms organisational value and customer outcomes.
Rainbird is a reasoning engine that sits at the heart of enterprise automation and can transform complex decision-making for larger enterprises, enabling tasks to be performed at scale and to a superior standard. Although Rainbird can automate judgements in any sector, interest is highest in financial services, banking, insurance and law where Rainbird’s ability to provide an audit trail for automated judgements suits regulatory regimes. Rainbird is part of the rapidly growing AI market whose valuation is in the tens of billions. Rainbird solutions are typically manifested as highly consultative chatbots that can solve numerous issues for users, or powerful decisioning engines that can make back-office complex decisions such as in underwriting and fraud. Much of the media attention is focused on the proliferation of machine learning companies, although Rainbird is highly differentiated. While machine learning technologies struggle to provide a rationale for any outputs, Rainbird can rapidly automate complex decision-making at scale, including performing tasks which would previously have required human experts. Rainbird is focused on automating complex tasks and unlike machine learning can provide evidence for how those automated decisions are reached. That makes Rainbird a perfect fit for heavily regulated sectors like financial services, banking, insurance and law. Rainbird works through a number international partners.
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Manufacturer:
Data and Analytics -
Formed:
June 1, 2013 -
Company Website:
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Company E-mail:
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Company Address:
Muspole StreetUnited KingdomNorwich -
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