Egnyte Launches Generative AI Solutions
Egnyte, a provider of platforms for content collaboration and governance, has added artificial intelligence to the Egnyte platform to help users find and summarize information contained in company documents and media files. One of the use cases is creating text-based transcripts of audio and video files.
"While very much in vogue right now, Egnyte has been using large language models for close to a decade. The outputs of these models were historically focused on a relatively narrow set of IT security, privacy, and compliance applications," said Vineet Jain, co-founder CEO of Egnyte, in a statement. "With recent advances in AI, we're now able to unleash content intelligence for every user on our platform."
Through a simple, chat-based interface, everyday business users will be able to ask Egnyte's AI to answer questions and perform tasks related to the files to which they have been granted access on Egnyte's platform.
In addition to the transcription, the AI can generate summaries of large, complex documents and help users find photos within image libraries. The solution leverages Egnyte's content governance framework and private instances of various AI models to ensure both the source data and AI-generated responses adhere to company security and compliance policies.
"For most companies in the world, their most valuable source of intelligence is still and will always be human intelligence, but how people access and apply that intelligence is most certainly changing," said David Spitz, chief strategy officer of Egnyte, in a statement. "Generative AI is unlocking the vast troves of data and insights previously buried in people's documents and media files while freeing up knowledge workers from countless low-value tasks."