big data analytics

CEO Blog 3: Can I extract and track my business specific information?

As part of the legacy contract migration/data extraction series of blogs, here is the 3rd one of the series. Can I extract and track my business-specific information? But of course! In fact, 30-40% of the information Brightleaf extracts is our clients’ business-specific information. To give an example, for a Class 1 Railroad company, we extracted […]

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Contract Data Abstraction : 4 Signs to know if you need it

Contract data abstraction means extracting important data points which include clauses, dates, and meta-data from your contracts. Abstracting essential information from your contracts will help you manage and identify existing contractual commitments. Additionally, this will enable you to analyze risks, obligations, and opportunities to avoid potential legal disasters. 80% of corporate legal professionals say that

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Tech trends for legal departments

We’re seeing new flavors of technology impact just about every part of our business lives. The practice of law is affected as well: new technology is profoundly changing the way law firms and legal departments operate. Technology is driving globalization and is resulting in the geographic ‘spread of businesses\’. This means closer monitoring of laws

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3 V’s of Big Data

The extremely large amount of complex data set which is difficult to process by traditional systems is called big data. This data is being produced constantly every second and minute of life. Capturing, storing, and analyzing this data is usually the biggest challenge that companies are facing these days. Managing this complex and massive data

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What is “Amplified Intelligence”?

We LOVE this short, 3 ½ minute video where Mark Shilling, a principal at Deloitte Consulting LLP explains what he calls “amplified intelligence” as the next evolutionary step in putting analytics to work.  He explains how companies need to shift from sensing, responding, and reacting to historical information and instead being predictive and proactive.  It’s

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What makes Big Data big?

\”Big Data\” refers to the great stream of information in the world economy, increasing every day, which gives rise to the need of storing, analyzing, and management of such data. What has brought about this trend? It’s simple, what used to be considered only a part of business intelligence has established itself as a unique

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