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Started providing AI contract key point extraction/search system to Toshiba Energy Systems

Cinnamon has started providing a contract key point extraction system using AI to Toshiba Energy Systems Corporation (President: Mamoru Hatazawa, hereinafter referred to as Toshiba Energy Systems), a major domestic company.

In overseas projects handled by Toshiba Energy Systems, it is common for contracts to be lengthy and written in English, spanning hundreds of pages, requiring a large amount of staff and time to read, confirm, and respond to contract conditions. . Additionally, since the content of confirmations is complex and wide-ranging, organizing the knowledge involved in negotiating contract terms is a process that depends to a large extent on the experience and ability of each person in charge.

Aurora Clipper, a gist extraction system provided by Cinnamon that uses natural language processing technology, analyzes the contents of long documents such as contracts and emails and extracts important points. This provides a solution that significantly reduces the time required to review large amounts of documents and prevents compliance and regulatory risks.

This time, Cinnamon provided Toshiba Energy Systems with an AI-based contract key point extraction and search system, with the goal of speeding up and improving the efficiency of contract reading operations in professional operations.

 

■Future outlook

Going forward, Cinnamon will build a further foundation as an AI platform with the theme of "improving white-collar productivity" and will work on developing various products that promote business improvement. Aurora Clipper, a gist extraction engine that utilizes natural language processing, can handle not only contracts but also various long documents such as papers, specifications, SNS, etc., and can significantly reduce the reading work that takes several hours. Cinnamon will also expand its product lineup of business-specific solutions that utilize AI-OCR.

 

[Cinnamon Co., Ltd. Company Profile]

Company name: Cinnamon Co., Ltd.

URL: http://www.cinnamon.is

Address: 6th floor, Spirit Building, 3-19-13 Toranomon, Minato-ku, Tokyo

Established: October 2016

Representative: Mirai Hirano, Representative Director and CEO