InvestorWire NewsRoom

Article

Nowigence Inc. (NOWG) Putting Power of Data Science into Hands of Consumers
March 18, 2022

Nowigence Inc. (NOWG) Putting Power of Data Science into Hands of Consumers

  • Company’s cloud-based, artificial intelligence (“AI”) platform, Pluaris(TM), is designed to read, organize and present mass amounts of information
  • Nowigence has identified core challenges in the pursuit of knowledge that Pluaris is designed to solve
  • A subscription-based SaaS product, the Pluaris platform can be used across different functions and sectors and can be adapted to each user’s needs

In a world where consuming tremendous amounts of text-based information is an essential part of life — both personally and professionally — Nowigence Inc. (NOWG) is working to make this task easy and enjoyable. The company’s cloud-based, artificial intelligence (“AI”) platform, Pluaris, is designed to digest, organize and present mass amounts of information. 

Gathering and retaining information today is difficult. Nowigence has identified core challenges in the pursuit of knowledge, including information overload, pervasive distractions, imperfect recall and information lost in communication. In spite of these challenges, notes Nowigence, “clients hire coding engineers, data scientists and project managers to scope the requirements of a specific use case in the form of technical specs, which is then converted into a solution. This consultancy-based approach is not scalable. From a customer’s perspective, it is expensive, time consuming and does not guarantee success” (https://ibn.fm/nOYd4).

Looking to provide a more cost-effective, scalable option, Nowigence created Pluaris, a subscription-based SaaS product platform designed to be used across different functions and sectors as well as adapt to the needs of each user. Pluaris allows client-side users to work with the product from day one and have direct access to the database. 

“Most other cognitive information retrieval engines allow access from an intermediate interface where human-controlled quality screening have already ascertained the accuracy of the results,” explains the company. “Operating directly from the database provides two main benefits for users. The first is that the output is in real time or near real time, depending upon the frequency at which the data is refreshed. The second is that data anomalies are detected faster and are corrected in the database to prevent propagation of erroneous data. Our algorithms allow users to get to quality outputs faster than other competitive service offerings.”

NOWG’s proprietary platform overcomes information overload by automatically scouring the web for news articles and other sources based on topics selected by the user; the platform then monitors drives and applications for updates. Pluaris also works 24/7 to turn narrative-intensive information into what Nowigence calls “scrollable intelligence,” ensuring the user can find and focus on the most valuable information. 

Pluaris overcomes imperfect recall by storing extracted intelligence in a searchable database and then facilitating search granularity to the level of detail a user is looking for. Additionally, the platform makes it possible to share the gathered relevant information within the platform. 

Simplifying learning is what Nowigence is all about. The company is committed to helping individuals, teams and enterprises quickly distill knowledge from massive amounts of textual data, both public and private. By integrating state-of-the-art data processing techniques in an intuitive interface at an affordable subscription price, Pluaris puts the power of data science into the hands of consumers. 

For more information, visit the company’s website at www.Nowigence.com.

NOTE TO INVESTORS: The latest news and updates relating to Nowigence are available in the company’s newsroom at https://ibn.fm/NOW

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).