NEW YORK, May 16, 2016 /PRNewswire/ -- Arria NLG (LSE: NLG)
Arria NLG plc (AIM: NLG), a technology leader in the development
and deployment of Natural Language Generation ("NLG"), is to be
granted a patent on its Method, Apparatus, and Computer Program
Product for User-Directed Reporting from the US Patent and
Trademark Office, its eighth patent to date. The Company's Chief
Development Scientist, Dr. Somayajulu
Sripada, created this important new feature, part of the
Arria NLG Platform.
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The patent covers a new feature of Arria NLG's products, which
automates real-time data analysis and generates reports using
language that follows intuitive rules for how humans communicate
and comprehend information.
The innovations protected by the new patent provide users of the
Arria NLG Platform with an added level of control to query their
data to achieve a deeper understanding.
Users can direct the report output by changing the data
parameters to refine its focus and apply the embedded subject
matter expertise to quickly interrogate their data at the click of
a mouse. For example, financial analyst who receive an NLG report
analysing an entire year of sales data can use an interface to
focus the report on the most recent quarter or on one or a
combination of geographic regions, or by using any other search
criteria that they specify. With one click, the NLG Platform
searches the data afresh, conducts pre-programmed analysis and
produces an amended report responding to the new query.
This, Arria's eighth patent, covers flexible modification of
search parameters not only for reports that may be generated with
Arria NLG's advanced artificial intelligence technology, but also
with more rudimentary, template based NLG systems offered by
several of Arria NLG's competitors.
The new patent is part of a broad diversification plan that
Arria NLG has instituted to enhance versatility and improve ease of
use, as well as to increase the analytic power and actionable
conclusions of its NLG products.
Beginning with the Arria NLG Engine that was capable of applying
pre-programmed subject matter expertise to analysis and narrative
reporting on a prescribed data set, the team behind the Arria NLG
Platform has built features into the Platform that now permit:
1 user modification of reporting parameters (this 8th
patent);
2 the generation of graphs with NLG annotations;
3 integration of annotated graphs and charts into NLG narrative
reports;
4 user drill-down into the data and analytics supporting the
automated report; and
5 recursive looping of analytic results to enable variance
analysis.
The Directors expect that later this year, Arria NLG will launch
Recount, its first software as a service ("SaaS") product offering
these features and others to accountants and financial managers
worldwide. The Company also expects to introduce Software
Development Kit (SDK) 5.0, an automated NLG report-generating
software toolkit permitting developers, without NLG training, to
embed Arria NLG analytics and reporting into their software and
websites.
Stuart Rogers, Chairman of
Arria NLG, stated:
"This Arria NLG patent opens up automated analysis and reporting
to interactive querying and modification so that a user can shape
the NLG report to their 'up-to-the-minute' needs.
The ultimate goals of our current product development effort are
to automate the generation of natural language narratives within
websites and to enable professionals in numerous fields to increase
their analytical power and reach by creating their own applications
for automated analysis and reporting from structured data. Just as
today's professionals need to apply their subject matter expertise
and report their conclusions persuasively, in the future these same
professionals will be able to raise the power of their expertise by
automating the analysis and reporting of many of their key
functions, increasing expert productivity and enhancing their value
to their enterprise.
We continue to invest in patenting our IP, with this our eighth
patent to date and fifth in 2016. Protecting our products and
critical processes safeguards our position as one of the leading
developers of AI and NLG innovations and illustrates our dedication
to securing long-term value for our shareholders."
To learn more about Arria NLG, visit arria.com
Media Contact: Sharon Daniels
+1-973-820-7005
Sharon.daniels@arria.com