SD Model Answer

Payments &
Enabling
Optimisation
Biscoti Capability
Across industries
Make document data less
crumby

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 Frictions should be kept short and sharp, and point directly towards
the solution being proposed. Quotes should extend on the pain
points, and 'make them real’ for a particular customer or groups of
Frictions customers.

Manual digitisation Inaccessible data value

The large amount of unstructured data that
workarounds exists prevents businesses from analysing and
Data kept in unstructured formats such as bills,
developing services and creating commercial
receipts, transcripts, etc is unable to be used
value
without substantial, costly and slow
workarounds such as poor quality OCR or
manual digitisation

“...it's about simplification, automation. “you give that capability to a business

How can all of these different to do their bill capture
businesses, [implement data component, ...what they actually want
extraction] it's not their core, they need to know is all the information of what
it done because it makes their the insights that come from that. So
customers happier, because it you sell them back the insights, and the
simplifies and automates their lives.” benchmarks”
Expert Expert

3
 for the future, and create a ‘burning platform’ to act straight away. The
intent is to create excitement for investors, and create FOMO that if they
don’t get involved, the opportunity will be missed.
Why Now?

Rise of Emergence of new

unstructured data data use cases
mining Luminance applies Machine
Learning to legal processes to
Xtracta uses AI to extract data
read and summarize documents
by looking at language, form
visually and point out themes,
and context to go beyond OCR
anomalies and key clauses
Google Deep Mind has been
Receipt bank digitizes
used to ‘read’ data in a similar
invoices, receipts and utility
way to humans and has is
bills to enable paperless
rapidly improving quality
accounting services
Experian mines broad data
Test scoring Using AI has been
sets to offer credit scoring,
implemented in schools and
segmentation data and other
universities, and shown to have
analytics for businesses to use
high accuracy rates, it is being
for marketing or as part of
looked at for NAPLAN marking.
customer processes
4
ghts and information from data not organized in traditional databases or spreadsheets. This
sights and information from data not organized in traditional databases or spreadsheets. This
nsights and information from data not organized in traditional databases or spreadsheets. Th
Instructions
insights and information from data not organized in traditional databases or spreadsheets. T
of insights and information from data not organized in traditional databases or spreadsheets
Now for the fun part…!
n of insights and information from data not organized in traditional databases or spreadsheet
Explain to the team what
you think might be a
[Logo for possible solution. Come
your up with an idea and a
idea] customer value
proposition (CVP) that
capitalizes on these

MineIt frictions and trends.

A great CVP answers

No manual mining of unstructured data why someone would
want to use this product –
how does this help the
frictions they may be
MineIt utilizes cutting-edge technology that facing?
enables the extraction of insights and
information from data not organized in So in this context – think
about what business idea
traditional databases or spreadsheets. This would help small to
capability enhances decision-making processes medium businesses with
and predictive analytics. their issue of locked and
unstructured data?

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 [Icon] [Icon] [Icon]

Advanced Data Easy integration Analysis

Extraction
Access the Biscoti API to We provide insights extracted
seamlessly integrate document from your own data sets,
Machine learning algorithms
reading into your existing without hours of looking at the
would read the unstructured
processes so that you can screen and still leaving some
data, and extract the required
reduce manual workarounds points
data in blink of an eye