Google Cloud Next 21 Highlights New AI and Document Processing Tools
Google Cloud unveils new AI products at Next 2021, focusing on improving document understanding and accelerating business value. The event features innovations like Contract DocAI to streamline contract lifecycles.
Google Cloud showcases several new artificial intelligence and machine learning innovations at Cloud Next 2021. The tech giant focuses on making AI more accessible for businesses and speeding up the time it takes to see real value from these technologies. Attendees get a close look at the latest advancements across conversational AI, document processing, and easier deployment options.
A major highlight from the event is the preview launch of Contract DocAI, which is a new tool within the Google Cloud Document AI platform. This solution extracts key insights from unstructured text in contracts to accelerate contract lifecycles and lower processing costs. By automating the scanning and analysis of complex documents, businesses handle their paperwork much more efficiently.
Early adopters like Ironclad report significant benefits from using Contract DocAI in their operations. The legal tech company states that its customers upload contracts 75 percent faster and save up to 40 percent on costs while gaining better visibility into their data. These real-world results demonstrate how Google Cloud's AI tools deliver immediate, measurable improvements for enterprise workflows.