transcosmos and Tokyo Tetemono Real Estate Sales build a property information registration framework powered by AI-OCR and GenAI
TOKYO, April 3, 2024 /PRNewswire-PRWeb/ -- transcosmos inc. hereby announces that the company, in partnership with Tokyo Tatemono Real Estate Sales Co., Ltd. (President & Chief Executive Officer: Director, Kengo Fukui), has developed a solution which streamlines the data registration process for real estate property information by combining two AI technologies - AI-powered Optical Character Recognition (AI-OCR) and generative AI (GenAI). With this solution, the two companies aim to reduce work hours required for data registration, thereby streamlining the process.
- To address this challenge, transcosmos and Tokyo Tatemono Real Estate Sales have co-developed a solution that automates all tasks related to data registration by combining two AI technologies, namely, AI-OCR and GenAI.
- First, AI-OCR converts property information into text data, and then GenAI extracts and summarizes the information required for property registration, thereby automating a large part of the registration process.
- transcosmos and Tokyo Tatemono Real Estate Sales will continue to optimize processes to streamline a variety of tasks specific to the real estate industry with the power of digital transformation (DX).
- (About Tokyo Tatemono Real Estate Sales Co., Ltd.)
Tokyo Tatemono Real Estate Sales Co., Ltd. provides one-stop, optimum solutions that capitalize on the collective strength of Tokyo Tatemono's more than 125 years of business experience and its group companies.