Oct 01, 2019
CLM Front-Runner Lauded for Delivering Business Value by Unleashing Power of AI on Contracts
BELLEVUE, Wash., October 1, 2019 – Icertis, the leading provider of enterprise contract management in the cloud, today announced its inclusion in the inaugural Forbes AI 50 report, the definitive list of America’s most promising companies working with artificial intelligence (AI). Icertis was selected based on its impressive customer base and ability to show demonstrated business value from the application of machine learning and natural language processing to contracting. Selected from hundreds of applicants, Icertis placed 7th on the valuation-ranked list and was the only company to be featured from the fast-growing contract lifecycle management (CLM) market.
“The inherently broad term ‘artificial intelligence’ gets bandied about so often that it can start to feel meaningless and can be trotted out by companies to gussy up even simple data analysis,” said Jillian D’Onfro, writer at Forbes. “To help cut through the noise, Forbes and our data partner Meritech Capital put together a list of private, U.S.-based companies that are wielding artificial intelligence in a meaningful way and demonstrating real business potential from doing so.”…