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Xactware Announces New Vai-Powered Technology for Image Detection to Assist the Contents Packout Industry
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
LEHI, Utah, April 23, 2020 (GLOBE NEWSWIRE) -- Packout professionals can save significant time inventorying contents items with new Verisk VaiTM technology in Xactware’s ContentsTrack® app. Xactware is a Verisk (Nasdaq:VRSK) business with decades of experience providing contents estimating and packout solutions. Object Recognition accelerates contents inventorying by allowing packout professionals to use the camera on smart devices to identify personal property items, capture a photo to document its condition, and enter an item description. This new feature in ContentsTrack is part of the next generation of InsurTech solutions powered by Verisk artificial intelligence and automation, or Vai. “The success of a packout comes down to one factor: efficiency,” said Xactware President Mike Fulton. “The faster you can inventory thousands of personal property items and transport them to the warehouse, the faster you can restore those items and return them to satisfied homeowners.
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