Nick Harvey

To meet the requirements of unexpected regulatory changes brought on by the pandemic, a top-10 US bank needed to urgently adapt its underperforming model-centric artificial intelligence and machine learning development approach to a data-centric one. The team used Snorkel Flow to automatically classify thousands of loan documents and extract critical clauses in just 24 hours, saving loan managers thousands of hours of manual document review.

Schlumberger is the world’s leading provider of technology and services for the energy industry, operating in over 120 countries. The company provides well maintenance and analytics services to the world’s biggest oil companies, and it believes that large-scale data analysis and artificial intelligence/machine learning will help them remain a leader in the market. One way they’ve been able to achieve this is by building their own AI application using Snorkel Flow to automatically extract geological entities and critical field data across a variety of document structures and report types they receive from their customers.