3AP and Parashift collaborate on document extraction
Founded in 2014, 3AP’s “Start-up in a Box” approach has enabled it to acquire well-known companies and bring innovative digital solutions to market in a short period of time.
Solutions are created according to agile principles. With “Start-Up in a Box”, 3AP offers effective implementation, supports its customers with methodologies for developing ideas and creates value in a short time with its “integrated” approach.
3AP and Parashift got to know each other through a joint customer and will approach other customers together in the near future.
“With our AI platform “Conperi”, it is our ambition to digitalize processes end-to-end as far as possible. An essential part is document extraction. Parashift’s technology enables us to take this step in greater depth and, above all, to support a wide range of document types,” says Aleksandar Milosevic, CEO of 3AP.
“The 3AP team has built a great software company in a short time, which is agile, innovative and maintains a great culture. In my experience in the field, it is rare to see such a great team come together,” says Alain Veuve, CEO of Parashift.
Since Parashift is a technology and product provider that does not carry out projects for companies itself, first-class partners like 3AP are crucial to enable AI-based document extraction.
Coming from agile software development, 3AP has built up the competence towards idea development and methodically covers projects from vision to scalable solution. Leading in iterations, the company introduces innovations several times a year.
Parashift AG, founded in 2018, is a deep-tech company focusing on the autonomization of document extraction through machine learning. Parashift is based near Basel (Switzerland) and employs around 20 people in the field of machine learning engineering and development. Forbes named Parashift 2019 as one of 30 promising AI startups in Europe.