New Startup Infinnium Applies Machine Learning to Manage Data, Gauge Business Trends
Newly launched Infinnium strives to improve information management, information governance, e-discovery and compliance to privacy regulations.
February 14, 2019 at 09:30 AM
2 minute read
Infinnium is the latest entrant in the data management, e-discovery industry, bringing its three co-founders' years of experience to corporations and law firms.
“We started Infinnium to simplify information management by providing modern technologies that leverage data and enable organizations to make smarter business decisions,” said co-founder Harsh Sutaria in an email. “Our solutions will empower users to harness their data, glean insights, augment their information governance practices, help with GDPR [General Data Protection Regulation], HIPAA [Health Insurance Portability and Accountability Act] and other regulatory and privacy compliance, and streamline discovery.”
Infinnium's prospective clients are law firms and corporations, Sutaria added. After all, more law firms are acknowledging the importance of data analysis for lawyers.
During a recent Legalweek panel, a DLA Piper director of research highlighted an “adoption by proxy” by lawyers to use the firm's new analytics programs to help with their cases. What's more, Alston & Bird announced its attorneys were turning to Georgia State University to receive hands-on tutoring in data analytics and text mining.
Infinnium's first product is ObscurePI, machine learning-backed software that assists in a corporation's overall information governance, including data privacy, HIPAA and regulatory compliance. It is scheduled to be released in April.
ObscurePI will sit behind an enterprise's firewall, Sutaria explained, and “allow the enterprise to organize the information across the organization into one repository.” The software can identify any document in a corporation that has personally identifiable information [PII] or confidential information.
Sutaria revealed Infinnium is also set to release an additional program that utilizes an “engine that can take any form of data and turn it into insights” that include discovering and forecasting trends to make business operation decisions. Sutaria said that platform is tentatively scheduled to be released at the end of the third quarter or the top of the fourth quarter.
Sutaria cited OpenText as one of Infinnium's competitors in the information governance field. OpenText recently acquired Catalyst Repository Systems for $75 million, expanding its enterprise information management software capabilities through the acquisition of another e-discovery company.
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