Egnyte Launches Generative AI-based Copilot to Speed up Knowledge Work and Unlock Enterprise Value From Content
July 08 2024 - 11:00AM
Business Wire
Egnyte Copilot features include summarization,
Knowledge Base Q&A, and transcription
Egnyte, the secure platform for content collaboration and
governance, today announced the general availability of Egnyte
Copilot, its AI-driven assistant designed to accelerate and
transform enterprise content collaboration. Egnyte Copilot enables
Egnyte customers to start engaging in AI-powered conversations with
their own private and trusted data through a simple, turnkey
solution while keeping that data internally and externally
secure.
Egnyte Copilot streamlines content management by surfacing
insights, summarizing documents, creating new content, and
transcribing multimedia—all within Egnyte's robust content
governance framework. As part of this release, Egnyte end users can
now designate specific groupings of files as “Knowledge Bases” for
focused AI answers and configure each base using domain-specific
prompt libraries to guide the AI’s responses.
"Egnyte Copilot is designed to overcome some of the most
pertinent challenges to AI adoption today," said Vineet Jain,
co-founder and chief executive officer at Egnyte. "Authentic
responses built on company data, complete data privacy, and minimal
user training requirements ensure that with Egnyte Copilot, our
customers can hit the ground running in their AI journey."
With this latest release, new and existing customers on eligible
plans will have access to:
- Knowledge Bases: Run AI queries across thousands of
files. Bases can be created by non-admin users around:
- Specific projects, e.g., for a particular client,
M&A target, marketing campaign;
- File types, e.g., contracts, board presentations,
resumes, new business proposals; or,
- Knowledge domains, e.g., product specifications, safety
regulations, IT support guides, HR benefits, and financial
plans.
- Image File Support: Extract and describe specific
information within an image file.
- Audio and Video File Support: Leverage AI to summarize
the contents of audio and video files, create transcripts, and
surface key insights and citations.
- Custom Prompts: Guide the Egnyte Copilot’s responses
with context-specific instructions and prompt recommendations.
Users can interact with Egnyte Copilot features seamlessly via
Egnyte’s web, mobile, tablet, and desktop applications, making it
easy to integrate into their workflows.
Dalmore Capital, a fund management company with £5.5 billion+
assets under management, uses Egnyte's Knowledge Bases to help its
Asset Management team get quick answers based on information that's
spread across thousands of contractual and technical documents.
“Egnyte Copilot was a very practical option for us,” said Alan
Matthews, head of IT at Dalmore Capital. “As it was built into the
platform our employees already trust and use for file access and
sharing, we didn’t have to worry about syncing content with other
AI services, training people on new tools, or, most important, the
security and confidentiality of our data.”
These announcements continue Egnyte’s strategy of integrating
technology solutions into a cohesive, secure content platform that
addresses the domain-specific needs of particular business
disciplines and verticals. The Egnyte platform also offers
purpose-built, AI-powered solutions enabling IT personnel to
enhance security posture management and project managers in the
Architecture, Engineering, and Construction (AEC) industries to
automate key business processes.
The company also recently announced new integrations with
Microsoft 365, enabling customers to share Egnyte AI-generated
document labels with Microsoft security applications and run AI
queries on data stored within Egnyte through Microsoft Teams, using
Microsoft’s own Copilot application.
To learn more about Egnyte Copilot, visit the Egnyte
website.
About Egnyte
Egnyte combines the power of cloud content management, data
security, and AI into one intelligent content platform. More than
22,000 customers trust Egnyte to improve employee productivity,
automate business processes, and safeguard critical data, in
addition to offering specialized content intelligence and
automation solutions across industries, including architecture,
engineering, and construction (AEC), life sciences, and financial
services. For more information, visit www.egnyte.com.
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