Clutch Group Named a Leader in Supplier Innovation Category at 2015 Legal Week Legal Innovation Awards
Clutch Group’s award submission focused on Audio.IQ, its comprehensive and fully-managed audio analytics solution
Clutch Group, an organization dedicated to helping companies in the financial services, energy, and life sciences industries tackle complex legal, risk and compliance issues, is pleased to announce that it has been chosen as a highly commended finalist in the Supplier Innovation category of the 2015 Legal Week Legal Innovation Awards.
The Legal Innovation Awards, held by Legal Week, recognize and reward the people who are driving the legal profession forward by applying imagination and ingenuity to take good ideas off the drawing board and turn them into products that improve the delivery of legal services. This year, there were over 70 finalists across its 16 categories. The awards ceremony was held on May 22, 2015 at the Jumeirah Carlton Tower in London. Clutch Group supported the event as a Category Sponsor and presented the award for Next Generation Innovation.
Clutch Group’s submission focused on Audio.IQ, its new, fully-managed audio analytics solution for audio discovery, proactive monitoring and surveillance, and sales compliance.
Unlike other audio analytics solutions that are typically offered as static software, Audio.IQ is both a fully-managed service and product. Existing market tools have serious volume limitations and are often too tethered to strict phonetic-based text rendering capabilities, making it difficult for customers to efficiently isolate and analyze audio and to accommodate different dialects, languages, and accents. With its dual text and audio data rendering functionality, as well as its ability to be customized through proprietary language models, Audio.IQ is a comprehensive and nuanced audio analytics solution.
Key highlights and differentiators of Audio.IQ include:
- Dual Rendering: Audio.IQ captures a concurrent data stream of both audio and text, overlaid with rich metadata. This added flexibility allows for more complex searches and predictive analytics across enormous amounts of data.
- Customized Language Modelling: Through proprietary algorithms and language models, Audio.IQ can be customized for individual organizations. Rather than relying on inflexible phonetic rendering, Audio.IQ can be programmed to find meaning in seemingly unintelligible industry vocabulary, regional dialects, and more.
- Fully Managed Service: Audio.IQ is supported by a dedicated team that builds bespoke search and predictive models, analyzes results, and fine-tunes the system. From data collection to factual analysis, Clutch’s dedicated teams can support the entire audio analytics spectrum.
“We are delighted to have been chosen as a leader in the Supplier Innovation category of the 2015 Legal Innovation Awards,” said Varun Mehta, VP of Legal & Compliance Solutions at Clutch Group. “This recognition solidifies our belief that Audio.IQ has the potential to disrupt the market and transform audio analytics from a regulatory challenge for our customers, to a tool that can drive positive impact in any aspect of an organization’s business, from compliance to marketing.”
Clutch Group was recently recognized as one of the Top 25 Most Promising Global Outsourcing Companies by SiliconIndia and was chosen as a top legal services provider in IAOP’s 2015 Global Outsourcing 100 List. Clutch was also recognized as an Outstanding Service Provider in the 2014 International Association for Contract & Commercial Management (IACCM) Innovation Awards and named in the Inc. 5000 list as one of the fastest-growing private companies in America. In addition, Clutch was voted as a Top Legal Outsourcing Provider and a Top Corporate Investigations Provider by the 2014 New York Law Journal Reader Rankings and was named a Leader in the LPO industry by NelsonHall.
About Clutch Group
Founded in 2005 by top attorneys from leading firms and business process pioneers, Clutch Group has grown to a team of legal, technology and process experts in six offices across three continents. Clutch was built from the ground up to help General Counsels more effectively manage problems within Fortune 500 companies. Clutch combines its expertise in harnessing technology, implementing process and focusing on fact development to deliver risk-measured, cost-optimized solutions for clients. Clutch Group has been consistently ranked as a top provider by industry research as well as client satisfaction since its inception and has been recognized by industry authorities including Nelson Hall, the New York Law Journal, the International Association of Outsourcing Professionals (IAOP), Chambers Global, Frost & Sullivan, the Black Book of Outsourcing, and Dun & Bradstreet. For more information, visit http://www.clutchgroup.com.
Link to original release here.