Summary
- Profile Type
- Technology offer
- POD Reference
- TOCY20250417002
- Term of Validity
- 23 April 2025 - 23 April 2026
- Company's Country
- Cyprus
- Type of partnership
- Investment agreement
- Commercial agreement with technical assistance
- Targeted Countries
- All countries
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General information
- Short Summary
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A Cypriot company, founded in 2013 and active in the ICT sector, offers an AI-driven document processing and verification solution designed to automate data extraction, validation, and security for organizations handling sensitive or high-volume document workflows.
The company is seeking a potential partner in the information technology sector to collaborate on systems integration and jointly develop a product that better meets evolving customer needs. - Full Description
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The company is a Cypriot technology firm, established in 2013, operating as a highly innovative software house, systems integrator, and technology provider. It delivers intelligent technical solutions and consulting services across the public and private sectors, including government, banking, finance, healthcare, and cybersecurity.
The company has extensive experience in international collaboration, having participated in eleven European-funded projects, acting as a reliable partner in the implementation and integration of complex digital systems. It has developed proprietary cybersecurity products and holds significant expertise in AI, machine learning, cloud infrastructure, and business process automation.
Many organizations across sectors manage high volumes of sensitive or unstructured data, requiring significant human effort for tasks such as document processing, data extraction, validation, and workflow automation. Traditional manual or semi-automated approaches are often inefficient, error-prone, and lack scalability.
While Robotic Process Automation (RPA) and AI solutions exist, they are often expensive, lack customization, or fail to integrate with public sector platforms and localized workflows, especially in smaller markets or across sectors like government invoicing or regulated industries.
The company offers an AI-driven document processing and verification platform, capable of automating:
• Data extraction from unstructured and structured documents
• Identity and document validation
• Integration with ERP, CRM, and public platforms (e.g., Government Gateway Portal – Ariadne in Cyprus)
• Security and compliance monitoring
Key features include:
• Scalable cloud-based architecture (Microsoft Azure-based, 99.95% uptime)
• Advanced analytics and machine learning models for decision support
• Integration-ready APIs and modular structure for fast deployment
• Compatibility with RPA workflows and cybersecurity protocols
This solution is already in use by government agencies and private businesses, including a custom-built e-Invoicing platform integrated with public billing systems.
The company is committed to long-term international cooperation, aiming to foster mutual growth, technology exchange, and the joint development of market-ready solutions. It offers a flexible collaboration model, adaptable to each partner’s role, and ensures high-quality outcomes through in-house development, rigorous testing, and customized support. - Advantages and Innovations
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The application offers a flexible and scalable API that integrates effortlessly with existing business platforms, enabling automation of document verification, identity authentication, and compliance checks. It intelligently extracts key data such as names, addresses, ID numbers, and birthdates, ensuring accuracy through validation against predefined rules or reference databases. A standout innovation is its ability to detect inconsistencies or unsupported document types, triggering automated flags. This not only enhances operational efficiency but also significantly reduces the need for manual reviews.
• Trains on any document types to recognize and redact useful or sensitive information.
• Uses custom AI models for tailored detection and retrieval of data.
• Identifies and redacts personally identifiable information (PII), including:
o Financial details
o Legal documents
o Healthcare records
• Ensures confidential data protection and supports regulatory compliance.
Key benefits include:
• Efficiency & Automation: Cuts down manual work and speeds up verification.
• Accuracy & Reliability: AI-driven for precise data extraction and validation.
• Security & Compliance: Protects data and meets regulatory standards.
• Scalability & Customization: Adapts to different industries and document types.
• Seamless Integration: Works smoothly with existing systems and workflows - Stage of Development
- Already on the market
- Sustainable Development Goals
- Goal 8: Decent Work and Economic Growth
- IPR status
- No IPR applied
Partner Sought
- Expected Role of a Partner
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As a company operating in the information technology sector, the preferred partnerships are primarily with organizations active in the same or related industries, to facilitate the export of products and the acquisition of expertise that may currently be limited or unavailable in Cyprus.
The company is open to collaboration under two main frameworks:
1. Commercial Agreement with Technical Assistance
The company is interested in a non-exclusive acquisition of a product or technology from a potential partner, accompanied by technical services essential to the technology transfer. These may include:
o System integration support
o Customization or localization services
o Technical consulting
o Training and after-sales assistance
The goal is to enhance the company's current offerings, improve efficiency, and better meet customer needs through supported adoption of new solutions.
2. Research Cooperation Agreement
The company is also open to entering into a joint research and development collaboration with a partner, aiming to explore or develop new solutions or technologies. This may involve co-design, prototyping, or testing activities in areas of mutual interest, particularly those aligned with the company’s AI and document automation expertise. - Type and Size of Partner
- SME <=10
- SME 50 - 249
- SME 11-49
- Big company
- Type of partnership
- Investment agreement
- Commercial agreement with technical assistance
Dissemination
- Technology keywords
- 01003003 - Artificial Intelligence (AI)
- 01003006 - Computer Software
- Market keywords
- 02007013 - Banks/financial institutions software
- 02007008 - Business and office software
- 02007022 - Software services
- 02007007 - Applications software
- 02007016 - Artificial intelligence related software
- Sector Groups Involved
- Digital
- Targeted countries
- All countries