Is AI coming for your job? According to Adam Famularo, WorkFusion's CEO, it probably is. But that isn't necessarily (or even probably) a bad thing: as a tool, AI is capable of relieving people of a lot of the fiddly but repetitive work we spend a lot of our days doing, freeing us up for more productive tasks.
WorkFusion combines AI, automation, analytics and optical character recognition into a single package that can augment workers dealing with repetitive processes that previously needed human attention. While this kind of intelligent process automation has grown into a big business in recent years - Automotion Anywhere and Blue Prism have secured large amounts of funding, and IBM and Microsoft have made major acquisitions in this area - WorkFusion's specialisation in the banking and insurance sectors with their unique compliance needs helps it stand out.
Having secured a large amount of funding at a valuation exceeding $1 billion in 2021, and a customer base including the likes of Deutsche Bank, Hewlett Packard Enterprise and ScotiaBank, WorkFusion is working towards expanding its client base and expanding its headcount as it aims to extend its market lead in this sector.
Freddie
Company Specialist at Welcome to the Jungle
