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TRUST IN TECHNOLOGY, PARTNER WITH THE PIONEERS. INVEST IN ANTWORKS.

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Page 1: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

TRUST IN TECHNOLOGY,PARTNER WITH THE PIONEERS.

INVEST IN ANTWORKS.

Page 2: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

TRUST IN TECHNOLOGY,

AntWorks is squarely focused on the process automation market opportunity. The RPA market is estimated* to reach USD 2,467 million by 2022, at a CAGR of 30.14% between 2017 and 2022.

AntWorks has a comprehensive suite of products built to support the digital data lifecycle of its clients to drive process automation and gain business insights. The product and service suite is designed to provide multiple entry points into a client ecosystem, and is spread across the value pyramid.

*Source – Fast Market Research Report: Robotic Process Automation Market - Global Forecast to 2022

While other players in the market have customized the business rules engines to deployment frameworks, AntWorks takes a different approach. When the bottom of the pyramid has a direct implication on effective ROI of RPA deployments, it makes sense to approach the problem from both sides of the value pyramid, offering an end-to-end integrated solution.

With an integrated NLP Business Rules Engine

Machine Learning,Deep and Adaptive Learning,

Pattern Recognition

AntWorks RPA

MachineReading

RPA:Script-basedAutomation

Script-basedAutomation withComplex Rules

Engine

Cognitive Autonomous Automation

Multiformat Intelligent Data Ingestion

StructuredData

Unstructured Data

Inferred Data

Image Data

TECHNOLOGYAPPLICATION

SCIENCE FOUNDATIONFractal science

Object basedcharacter retrieval

OBCR +Congnitive

Ability

OBCR +Congnitive

abiliry + NLP

Object / imageRecognition

DATACHALLENGE

Page 3: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

Machine Reading: Our machine reading engine allows for cognitive data extraction, integrating image recognition, pattern recognition, and self-learning capabilities. It is the most effective data extraction engine that can ingest unstructured documents, printed and handwritten text, and images, taking away limitations of zoning and language.

RPA: Our RPA suite is integrated into a powerful embedded business rules engine powered by machine learning which enables process automation with enhanced scalability

business users.

Cognitive automation: Whereas all other solutions in the market can only handle structured and unstructured data, the AntWorks solution can also handle inferred data and image data to go beyond the automation of just repetitive tasks – and automate complex business processes.

Complex rules engine: Pattern recognition algorithms combined with machine, adaptive and deep learning capabilities based on fractal science allow for contextual decision-making capabilities.

Autonomous Automation Suite

COGNITIVE MACHINE READING

RPA SUITE

INTELLIGENCE

- Structured and unstructured data- Images, rubber stamps, logos- Signatures, check boxes, etc.

- Desktop Automation- Screen Scraping- NLP Email reader- Sentiment Analyzer

- Supervised Learning- Adaptive Learning- Machine Learning- Cognitive Ability- Pattern Recognition

Page 4: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

READ INTERPRET ACT LISTEN REPORT INSIGHTS

Intelligent DataExtraction (Fractal

Science, CBOR)

Cognitive ability to contextualize data

(NLP, Patterns)

Rules-basedprocessing withcognitive ability

Watch

patterns

Operational reportingand data export

(XML, Metadata)

Analytics onoperational and business data

The AntStein stack provides for the most comprehensive automation technology available today. Built on fractal science and not neural networks, it manages both textual and image data powering the next generation of automation.A total of 382 proprietary algorithms bring ANTstein,

the cognitive BOT to life. It can be trained for any process just like a human being – It can read any document, understand the context, extract data, process it using business rules, learn from experience, and make cognitive decisions.

Page 5: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

Besides Automation, AntWorks has a core competency in imaging. We have two distinctproducts built using fractal science:

HfS has recognized AntWorks as the most innovative RPA Company for the year 2017. The review and map are as given below:

Imaging Product Suite

IMAGING: : We believe a picture speaks a thousand words and data can come in any form. Our machine reading and image recognition technologies allow us to work without constraints.

IMAGE TRANSPORTATION: We believe the world will be run on clouds and that agile data transportation will be critical. Our image transportation solution provides 800% weight optimization without impacting visual image quality.

“…the biggest surprise in our evaluation was that AntWorks thus far have been below the radar of industry’s stakeholders. Their value proposition is about linking core RPA capabilities with machine reading including semi-structured content such as handwriting in forms as well as broader cognitive capabilities including pattern recognition, even in images. Furthermore, similar to providers like RAVN, AntWorks has Enterprise Search and Machine Learning functions

to support extraction of data from legal documents. The combination of Computer Vision and pattern recognition allows AntWorks to provide one solution where many service providers have painstakingly integrated different tool sets. Even though around the broader cognitive capabilities, AntWorks is competing with IBM Watson, it goes without saying that AntWorks is still early on in their journey and therefore needs to demonstrate client references to the broader market.

INN

OVA

TIO

N

EXECUTION

Investing in Innovation to Change Excellent at Innovation and Execution

Building All Capabilities Execution Is Ahead of Innovation

HighPotentials

HighPerformers

As-A-ServiceWinner’s

Circle

ExecutionPowerhouses

AntWorks

NovayreContextor

Softomotive

Kryon Systems

OpenConnectRedood NICE

PageKofax Kapow

WorkFusion

UiPath

Blue prism

Automation Anywhere

Page 6: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

Our Clientele

Page 7: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

ANTWORKSHEALTHCARE

ONC HIT Certified EHR

26 Years A+ BBB Rating

Top Rated 5 Star Software Advice

Rating

The Client ExperienceMaintaining Zero

Distance from your organization

Rated among Top 10 Most Promising Practice

Management Solution Providers of 2015

Page 8: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

AntWorks HealthcareAntWorks Healthcare business is designed with an integrated approach, offering both technology and services using a global delivery model. The business is built on four key components:

Cloud-basedTechnology Platform

AnalyticsRCM ServiceCapability

GlobalDelivery

With pedigree and passion that spans over three decades, the business has 500+ customers across the US, using a mix of both technology and services. The business provides a strong foundation for scaling up both in breadth and depth of services.

Founded in 1978

38 years of industry experience

US headquarters at Lynchburg, Virginia

Award-winning software solutions

550+ customers in 41 states

Global operations

618 million claims & support of multiple billing services, serving hundreds of practices and thousands of providers

Page 9: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

Technology Platform

Cloud ServicesProvider of the Year

AntWorks Healthcare is built on a comprehensive cloud-based platform for providers. It offers Practice Management, EHR and Clearing House services. It comes with a mobile platform and application integration for both functionality and reporting. The platform has been rated among the Top 10 Most Promising Healthcare Technology Platforms in the US by Tech Health in 2016.

Built on Practice Management Foundation

Cloud-based Technology, ICD-10-compliant

Auto-posting of ERA Payment Information

95% First Pass Claims

Real-time Analytics Dashboard

Integrated Claims Management

Easy-to-use and read Patient Registration

Flexibility and Focus on Automation

Integrated Customizable Reporting and Analytics options

Integrated and Flexible Portal

Page 10: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

Key Performance Indicators

RCM Services CapabilityThe services division of AntWorks is spread over Chennai and Lynchburg, Virginia. Leveraging on local presence with a 100-seat delivery centre in Lynchburg and offshore capability centre in Chennai, it offers

clients the right balance in effective commercials and customer service. Having processed over US$2 billion in revenue, the team has long-standing experience in RCM delivery.

Total Charges$1,096,577

Total Collections$698,000

Avg. Days in AR 64

AR% >60 Days 22%

>60

Clean Claims Rate 92%

Days DOS to DOE 5.6

Page 11: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

Analytics

Financial Summary

The business comes with strong capabilities in reporting and analytics, both from a service and technology delivery point of view. The mobile reporting application is backed by a team which can provide advanced revenue analytics.

With a robust sales team in place, AntWorks is well on track to achieve US$7.2 million in revenue for the period Mar 2016–17 with an EBITDA of 11%. Thanks

team, we expect the business to grow at an annual rate of 25–30%. We see the business improving its margins with stronger leverage of the global delivery model.

Particulars 2015–16 2016–17 2017–18 2018–19Revenue (US$) 6,341,230 7,228,812 11,250,0300,030 16,251,806

EBITDA (US$) 2,209 810,854 2,025,005 3,937,812

EBITDA% 0.03% 11% 18% 24%

14% 56% 44%YoY increasee –

Page 12: TRUST IN TECHNOLOGY, - Citrix.com · 2020-01-15 · TRUST IN TECHNOLOGY, AntWorks is squarely focused on the process automation maret opportunitk y. The RPA market is estimated* to

GET IN TOUCHHeadquarters:Level 39, 10 Marina Boulevard, Marina Bay Financial Centre Tower 2, Singapore – 018983Phone: +65 6818 5724 www.ant.works | [email protected]