AI review tool "KIBIT Automator" strengthens support for review work with results that support performance improvement

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2023.01.26 Press release

--To the press -

AI review tool "KIBIT Automator" strengthens support for review work with results that support performance improvement

Contributing to reducing review work time and costs for companies and lawyers involved in litigation

FRONTEO Inc.
Masahiro Morimoto, President and CEO
2-12-23 Konan, Minato-ku, Tokyo
(Code number: 2158 TSE Growth)

 FRONTEO Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter FRONTEO) is an AI review tool "KIBIT Automator" developed in-house, and an improved algorithm (Reference: Press release "FRONTEO develops an algorithm that achieves both ensemble learning and performance prediction in its self-developed AI engine KIBIT”) has been used in actual projects, and we have achieved a reduction in the review rate that supports the performance improvement from the conventional AI algorithm.Since its development in 2012, this product has been continuously improved to improve its functionality, and the recent results are proof of that.

 In recent years, with the rapid development of the digital society, the use of IT has become commonplace, and the amount of electronic data managed by companies is steadily increasing.On the other hand, review work in e-discovery in international litigation and digital forensics (information preservation and analysis investigation targeting information recorded on digital devices) is work that guarantees both speed and quality within a limited number of work days. is required, and the increase in work time and the enormous cost involved are becoming major issues as the amount of data increases.

 KIBIT Automator uses AI to support the enormous review work of companies and lawyers involved in litigation.By using AI to accurately identify documents that are relevant to the evidence and those that are not, we have been able to improve the efficiency and sophistication of our operations.Furthermore, when we used the latest AI algorithm, which was improved in 2022, in an actual project, we found that theoretically, compared to using the conventional AI algorithm,*, found that the human review rate could be reduced from 80% to 32% for 26% of documents rated as "evidentially relevant".It can be said that this result proves that this product contributes to the reduction of work time and related costs by further improving the efficiency and sophistication of digital forensics work.

 FRONTEO will promote the further use of this product, which is equipped with the in-house developed AI engine "KIBIT", which has strengths in natural language. As a pioneer, we will strive to develop and improve AI solutions that help streamline fraud investigations and litigation support, and to provide high-quality services.

 

 

*Even if the review rate is reduced, the cutoff of documents to be reviewed is determined on a case-by-case basis in consultation with the attorney in charge and the person in charge of the company.

 

■ About KIBIT Automator URL: https://legal.fronteo.com/products/kibit-automator/
"KIBIT Automator" improves the efficiency of document review work in electronic discovery (e-discovery), reduces the burden on workers, and reduces costs, among other discoveries required in the trial proceedings of US civil proceedings. An AI tool developed for the purpose, released in March 2019.We apply the research method used in discovery and utilize AI to examine and analyze large-capacity e-mails and electronic files that are evidence materials.In recent years, it is expected to respond to the short-term information disclosure required of companies.

FRONTEOabout URL: https://www.fronteo.com/
FRONTEO is a data analysis company that uses the in-house developed AI engines KIBIT and Concept Encoder, Looca Cross specialized in natural language processing to extract meaningful and significant information from a large amount of textual data and support companies' business. Since its inception in August 2003, we have been working globally with Japan, the United States, Korea, and Taiwan, mainly in the Legaltech business, such as e-discovery (electronic evidence disclosure) and digital forensic surveys, which support company international lawsuits. Based on AI technology developed in this project, we have expanded our business fields to life science, business intelligence, and economic security since 8, and have used AI to transform textual data into knowledge, thus contributing to the resolution of various companies' issues, including support for drug discovery, support for dementia diagnostics, and support for financial, human resources, and business. Listed on TSE Mothers (currently TSE Growth) on June 2014, 2007. In January 6, the company obtained a license to manufacture and sell Class I medical devices (license number: 26B2021X1), and in September of the same year, the company submitted a notification to sell controlled medical devices (notification number: 13MinatoMiSeikikiDai1). Capital: ¥10350 (as of March 9, 3).

* FRONTEO, KIBIT Automator, KIBIT, conceptencoder, and Looca Cross are registered trademarks of FRONTEO in Japan.

 

<Contact information for the press>
PR Department, FRONTEO, Inc.
Email: pr_contact@fronteo.com

<Contact for legal tech AI business>
FRONTEO Inc. Legal Tech AI Business Headquarters   
https://legal.fronteo.com/contact/