LONDON, December 14, 2016 /PRNewswire/ --
RAVN Systems, leading experts in Artificial Intelligence (AI), Search and Knowledge Management solutions, announced today that The Abraaj Group (Abraaj), a leading investor operating in global growth markets, has successfully implemented RAVN Connect Enterprise, a cognitive search platform which intelligently transforms the way they locate, leverage and collaborate on expertise across their highly distributed network.
RAVN Connect Enterprise, built upon the AI platform, RAVN Applied Cognitive Engine (RAVN ACE), takes enterprise search, knowledge management and unstructured data mining to unprecedented levels.
Abraaj deployed RAVN Connect Enterprise as part of a competitive tendering process to bring about long-term transformation of its approaches to knowledge management and firm-wide collaboration across 20 offices. The new solution enables Abraaj's employees to easily search and access both proprietary and commissioned knowledge sources via a single interface working in a seamless manner on its proprietary 'Opera' platform. Additionally, the Knowledge Graph® feature allows Abraaj to visualise and navigate the interrelationships between experts, content, investments, and investors in a way that was previously impossible, making rapid access to the relevant resource in a secure manner a reality.
The solution supports all phases and teams across the investment lifecycle from fundraising, through the screening and due diligence of potential deals, the management and monitoring of investment through to ultimate exit.
Ovais Naqvi, Managing Director - Head of Market Engagement at Abraaj, commented, "Our primary goal here is to leverage knowledge to accelerate business and deal decision-making and to harness the collaborative power of a multi-geography growth markets organisation. RAVN Connect is an important component in a differentiation we bring to our investors around how we share knowledge and get to more dynamic decisions on deal flow. Additionally, it helps us harness macro-economic, sectoral and functional knowledge flows seamlessly and is ultimately a major competitive advantage for us. "
Naqvi continued, "Moving forwards, we intend to further expand the use of the platform's cognitive capabilities, to extract more information and to automatically locate and classify internal and external content."
Peter Wallqvist, CEO at RAVN Systems commented, "Abraaj is leading the way as the first global investor to adopt our ground-breaking, innovative technology in support of leveraging their considerable market and sector knowledge when evaluating further investments. We are delighted to be chosen to partner with them in this move".
About RAVN Systems
RAVN Systems are leading experts in the Natural Language Processing and Machine Learning branches of Artificial Intelligence (AI). They offer revolutionary cognitive computing solutions for any information intensive vertical. RAVN's unique proprietary technology and expertise deliver long-term value, competitive advantages and help manage and mitigate risk through structuring and surfacing information contained within unstructured data.
For more information please visit http://www.ravn.co.uk
About The Abraaj Group
The Abraaj Group ("Abraaj") is a leading investor, purpose-built for operating in the growth markets of Africa, Asia, Latin America, the Middle East, and Turkey.
Employing over 300 people, Abraaj has over 20 offices spread across five regions with hubs in Dubai, Istanbul, Mexico City, Nairobi and Singapore. The Group currently manages c. US$ 10 billion across targeted investment strategies.
Abraaj has realized US$ 6.3 billion from over 80 full exits, and Funds managed by the Group have made over 170 investments across a range of sectors including consumer, energy, financials, healthcare and utilities. The Group is committed to the highest environmental, stakeholder engagement and corporate governance standards and is a signatory to the United Nations-backed Principles for Responsible Investment and the United Nations Global Compact. Abraaj's founder, Arif Naqvi, was appointed to the United Nations Global Compact Board by UN Secretary-General Ban Ki-moon in 2012 and to the Interpol Foundation Board in 2014.
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SOURCE RAVN Systems