The Abraaj Group has implemented RAVN Connect Enterprise, a cognitive search platform which is designed to transform the way users locate, leverage and collaborate on expertise across networks.
RAVN Connect Enterprise, built upon the AI platform RAVN Applied Cognitive Engine (RAVN ACE), takes enterprise search, knowledge management and unstructured data mining to new levels.
Abraaj deployed RAVN Connect Enterprise as part of a competitive tendering process to bring about long-term transformation of its approaches to knowledge management and firm-wide collaboration across 20 offices.
The new solution enables Abraaj’s employees to easily search and access both proprietary and commissioned knowledge sources via a single interface working in a seamless manner on its proprietary Opera platform. Additionally, the Knowledge Graph feature allows Abraaj to visualise and navigate the interrelationships between experts, content, investments and investors, making rapid access to the relevant resource in a secure manner a reality.
The solution supports all phases and teams across the investment lifecycle from fundraising, through the screening and due diligence of potential deals, the management and monitoring of investment through to ultimate exit.
Ovais Naqvi, managing director – head of market engagement at Abraaj, says: “Our primary goal here is to leverage knowledge to accelerate business and deal decision-making and to harness the collaborative power of a multi-geography growth markets organisation. RAVN Connect is an important component in a differentiation we bring to our investors around how we share knowledge and get to more dynamic decisions on deal flow. Additionally, it helps us harness macro-economic, sectoral and functional knowledge flows seamlessly and is ultimately a major competitive advantage for us.
“Moving forwards, we intend to further expand the use of the platform’s cognitive capabilities, to extract more information and to automatically locate and classify internal and external content.”
Peter Wallqvist, CEO at RAVN Systems, says: “Abraaj is leading the way as the first global investor to adopt our ground-breaking, innovative technology in support of leveraging their considerable market and sector knowledge when evaluating further investments. We are delighted to be chosen to partner with them in this move.”