TL;DR:
- Deloitte introduces NavigAite™, a customizable Generative AI solution, in collaboration with Relativity.
- NavigAite accelerates various document-oriented tasks, including summarization, responsiveness assessments, privilege identification, PII detection, and contract reviews.
- It seamlessly integrates with RelativityOne and Relativity Server, offering efficient automation in multiple languages.
- NavigAite strengthens Deloitte’s commitment to AI capabilities and is part of a broader strategy to enhance AI offerings.
- Deloitte is also implementing Generative AI within its own operations to improve productivity and client impact.
- The company is investing significantly in AI proficiency and technology learning initiatives.
Main AI News:
In a continued collaboration with Relativity, Deloitte introduces its latest cutting-edge offering, NavigAite™ – a versatile Generative Artificial Intelligence (AI) solution designed to operate seamlessly on RelativityOne and Relativity Server. NavigAite empowers organizations to expedite a wide spectrum of document-centric tasks, including document summarization, responsiveness assessments, privilege identification, personally identifiable information (PII) detection, and initial contract reviews.
This groundbreaking solution harnesses the capabilities of large language models (LLM) with an integrated application program interface (API). NavigAite’s adaptability enables it to function seamlessly with an organization’s existing in-house LLMs or utilize Deloitte’s tailored model. By embracing NavigAite, users can confidently automate document review processes across an impressive 95 languages, significantly amplifying review speed while minimizing human intervention. This streamlined approach not only enhances operational efficiency but also contributes to potential cost savings.
NavigAite’s effortless integration with Relativity facilitates swift deployment and configuration, empowering users to leverage Deloitte’s meticulously designed modules directly within RelativityOne and Relativity Server.
Jonathan Foster, Managing Director at Deloitte Risk & Financial Advisory, Deloitte Transactions and Business Analytics LLP, underscores the significance of this development: “NavigAite represents the 10th accelerator Deloitte has introduced on RelativityOne, marking a decade of collaboration with our clients. By tapping into our extensive expertise in document review, Generative AI, data science, and quality control, NavigAite enables organizations to effectively navigate the escalating volumes and costs associated with data requests, both internal and third-party.”
He further elaborates on the transformative potential of NavigAite, emphasizing its capacity to expedite data analysis and unearth invaluable insights that surpass the capabilities of traditional human-driven and conventional AI solutions.
NavigAite serves as a testament to Deloitte’s commitment to expanding its AI capabilities, alliances, and service offerings. With a comprehensive suite of tailored AI services, Deloitte assists clients at every juncture of their transformative journey, from formulating AI strategies to deploying Generative AI solutions at an enterprise scale.
Moreover, Deloitte is actively integrating Generative AI capabilities across its own operations to augment productivity and enhance client impact. Anchored in proprietary functional and industry-specific content, these tools adhere to Deloitte’s Trustworthy AI™ framework, mitigating AI-related risks and bolstering user confidence and trust. Additionally, Deloitte is spearheading initiatives to enhance AI proficiency, exemplified by training over 120,000 professionals through the Deloitte AI Academy™ and investing over $2 billion in global technology learning and development programs, with a focus on fostering expertise in AI and other cutting-edge domains.
Conclusion:
Deloitte’s NavigAite™ represents a significant advancement in AI-powered document management, offering enhanced efficiency and cost savings for organizations. This innovation underscores Deloitte’s dedication to AI and its potential to transform various industries, making it a formidable player in the evolving market for AI-powered solutions.
