Analyst Firm Names Icertis as “Hot Vendor” in Contract Analytics

Predictive AnalyticsPipeline & Analytics

By STS News Desk On Aug 28, 2018

Icertis’ AI-Infused Capabilities for Risk and Revenue Identification Recognized by Aragon Research

Icertis, the leading provider of enterprise contract management in the cloud, today announced analyst firm Aragon Research named Icertis as a “Hot Vendor in Document and Contract Analytics, 2018¹.” Each year, Aragon Research selects Hot Vendors across multiple markets who are noteworthy, visionary and innovative. These vendors may have new technology that expands capabilities, a new strategy that opens up markets, or a new way of doing business that makes them worth evaluating.

This Hot Vendor report focuses on vendors in the Intelligent Content Analytics (ICA) market. According to its website, Aragon Research defines ICA as “a business category that goes beyond the traditional store and secure approach to Content Management to enable actionable insights using modern Artificial Intelligence technologies.”

Earlier this year, Icertis announced its Icertis Contract Management (ICM) DigitizeAI and DiscoverAI apps. The ICM AI apps infuse AI into everyday contract management and redefine how enterprise contract management delivers strategic value at scale to the Global 5000. These apps offer intelligent clause identification, accurate attribute extraction, and a powerful data validation interface – all mapped to an enterprise’s existing semantic definitions within the ICM platform.

“We are honored to be recognized as an Aragon Research Hot Vendor,” said Monish Darda, CTO and Co-founder of Icertis. “Artificial Intelligence represents a paradigm shift in the way enterprises view contracts. Icertis is leveraging the unmatched quantity, quality and variety of data in the Icertis Contract Management (ICM) platform to solve previously intractable enterprise contract management challenges that are uniquely suited to an AI-powered solution.”