Legal AI doc review, automation and contract management company, ContractPodAi, has announced an enterprise-wide implementation with Injazat Data Systems, the major United Arab Emirates tech services company owned by Mubadala, the investment arm of the Government of Abu Dhabi.
Injazat Data Systems, also based in Abu Dhabi (pictured above) works across the Middle East providing IT, data centre support and managed services to clients in the region. UK-based ContractPodAi will deliver a self-servicing desk for contract automation, fully automated contract lifecycle management and business intelligence-focused contract reporting.
Injazat will also use ContractPodAi’s enterprise search ability to centralise all its contracts and improve their, and their data’s, accessibility.
ContractPodAi launched in October last year, (see story here), making use of IBM Watson‘s natural language processing tech. The company evolved out of the Alternative Legal Service Provider (ALSP), NewGalexy.
The company is unusual in that several LPOs and ALSPs have teamed up with legal AI companies already in the market, for example Elevate works closely with Kira Systems (see story here), and Seal Software last year struck a deal with Dutch LPO the Room (see story here), whereas in this case, ContractPodAi has grown out of an ALSP.
Fiona Tyas, General Counsel and CompanySecretary of Injazat, said of the deal: ‘The implementation of ContractPodAi at Injazat is another milestone in our transformation journey. We are excited at the prospect of increasing automation, efficiency and transparency in our contract management function, whilst introducing instant access to contract-related business intelligence.’
Sarvarth Misra, Founder and Co-CEO of ContractPodAi, concluded: ‘We are looking forward to working closely with Injazat throughout its transformation journey.’
ContractPodAi works with a range of major companies including Total Petroleum, UEFA, Bosch Siemens and Pennon Group, as well as Big Four firm EY. It has offices in London, Glasgow, San Francisco and Mumbai.