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Archeiothiki is excited to announce its participation as a Gold Sponsor at the upcoming GenAI Summit Demo Days 2024 on November 18, hosted at the Stavros Niarchos Foundation Cultural Center in Athens. As a trusted partner in pioneering digital solutions and services, Archeiothiki has built a reputation for gathering and safeguarding hidden and sensitive data across physical files, electronic records, and online data/content.
At this year’s GenAI Summit, Archeiothiki will showcase its “AI-first” technological capabilities, which are designed to drive digital transformation and deliver streamlined automation and operational efficiency. The company’s innovative services, including Intelligent Document Processing (IDP), Document Management (DM), Virtual Data Room (VDR), and GDPR, GRC & ESG solutions, help businesses unleash the full potential of their data through hyper-automation and top-tier security.
This event presents an exclusive opportunity for attendees to experience how Archeiothiki’s cutting-edge solutions can streamline their business processes, enabling greater security, efficiency, and compliance. Archeiothiki’s experts will be available at their booth to provide insights and explore how AI can be leveraged to drive automation and operational excellence, based on a 6-year AI track record, from research and development to projects implementation.
Additionally, Archeiothiki will participate in a panel discussion focused on the transformative role of AI in Document Management. Attendees will gain firsthand knowledge of how Archeiothiki’s IDP solution, powered by the AI Flows platform, automates the extraction of information from both structured and unstructured documents, enhancing accuracy and accelerating decision-making processes.
Don’t miss the opportunity to learn from a leader in digital transformation and discover the future of hyper-automation and value creation through data management.
Save the Date: November 18, 2024
Where: Stavros Niarchos Foundation Cultural Center, Athens
Archeiothiki SA is delighted to announce its sponsorship of the AthNLP 2024 Summer School, an important event dedicated to the latest advancements in Natural Language Processing (NLP) and Machine Learning, including Deep Learning and Large Language Models. The event will take place from September 19-25, 2024, at NCSR Demokritos in Athens, Greece, bringing together 100-150 domain-specific participants from around the world.
Vasileios Linardos, Head of A.I. Services at Archeiothiki SA, emphasized the significance of this sponsorship: “We at Archeiothiki are proud to be a sponsor of the AthNLP 2024 Summer School. This sponsorship reflects our commitment to contributing to the advancing of Natural Language Processing and Machine Learning. We believe the event is unique since it fosters innovation and collaboration among researchers, and industry professionals, but also students. We are very happy to support and to be part of this vibrant ecosystem.”
The AthNLP Summer School will feature a comprehensive program with morning lectures on theoretical aspects, afternoon lab sessions for hands-on implementation, and evening talks on cutting-edge research topics. Attendees will have the unique opportunity to engage with internationally recognized researchers from both academic and industrial research labs, fostering valuable connections and collaborations.
Through our support of events like AthNLP 2024, Archeiothiki continues to demonstrate its commitment to advancing NLP and AI technologies, supporting a sustainable ecosystem, and making meaningful contributions to the future of digital transformation. We look forward to more impactful events in the future.
Managing confidentiality, organization, and smooth collaboration can be a daunting task for startups. Luckily, there is a secure digital solution at hand. Virtual data rooms (VDRs) transform the way startups engage with potential investors regarding confidential matters.
This article delves into the benefits that virtual data rooms offer to startups. We discuss the critical documents to include in an investor data room and those to avoid, and we help you to choose the ideal data room provider for startup requirements.
Understanding Virtual Data Rooms for Startups
A virtual data room (VDR) acts as a highly secure online repository for storing private documents. It ensures a protected space for sharing crucial information with potential investors, partners, or purchasers. A well-structured VDR can significantly speed up fundraising, due diligence processes, and collaborative projects within the startup community.
Using a data room for sharing sensitive details with potential backers ensures maximum privacy and convenience. Though often underappreciated, having a fundraising data room significantly aids in persuading investors about your business proposition. It streamlines the decision-making process for startups at all levels, establishing trust and garnering support for your enterprise.
The Necessity of Virtual Data Rooms for Startups
Startups are not just about groundbreaking ideas but convincing investors of the worth of these ideas. Let’s look at how data room software is advantageous for startups.
- Data Security: Virtual data rooms offer robust security measures for sensitive data, including encryption, multi-factor authentication, and role-based access controls.
- Enhanced Organization: They facilitate efficient and tidy document management and allow for advanced and partial text searches to quickly locate files.
- Faster Transactions: VDRs enable instantaneous document sharing and access, centralizing documents for streamlined and quick transactions.
- Professional Image: A systematically organized VDR shows a startup’s serious business approach and commitment to transparency.
- Better Engagement: Real-time analytics provide detailed insights, enabling targeted follow-ups and more effective engagement strategies.
What to Include in an Investor Data Room
Crafting the content for your investor data room should be done carefully. It should neither overwhelm nor lack essential information, aiming to expedite fundraising. The investor data room reflects your startup.
Documents crucial for a successful funding campaign include:
- Pitch Deck: Offers a succinct, engaging summary of your business, highlighting its unique selling points, market potential, and growth plan.
- Team Resumes: Present your team’s expertise and achievements, emphasizing any industry-relevant experience or skills.
- Business Plan: Serves as a roadmap for your startup, detailing your business model, market strategy, and financial forecasts.
- Marketing Plan: Outlines your strategy for customer acquisition and retention, supported by market analysis and KPIs.
- Action Plan: Lists short and long-term objectives and the strategies to achieve them, showcasing your proactive and organized approach.
- Legal Contracts: Include vital agreements that reflect your startup’s legal standing and obligations.
- Financial Statements: Provide a comprehensive view of your financial health, crucial for investor confidence.
- Intellectual Property: Document any patents, trademarks, or copyrights, underscoring the protection of your competitive edge.
What to Exclude from an Investor Data Room
Controlling the narrative is key during fundraising. Ensure the investor data room contains only pertinent information, avoiding anything irrelevant or potentially distracting. Exercise caution with sensitive data and tailor the content to the investor’s journey stage.
Key Points to Remember
- Virtual data rooms enable secure and swift sharing of sensitive data for startups.
- Benefits include enhanced data security, organization, quicker transactions, a professional company image, and detailed engagement analytics.
- Avoid including unnecessary information and customize the data room content according to the investor’s specific needs.
- Select a virtual data room that aligns with your startup’s requirements, desired software functionalities, and security standards.
- Evaluating independent reviews is crucial before setting up a virtual data room for your startup.
An article by Archeiothiki VDR Experts
Archeiothiki is one of the 13 companies selected as new members for 2024, to participate in the OPAP Forward program. The program, which aims to strengthen entrepreneurship in Greece, is implemented by OPAP in collaboration with the international non-profit organization Endeavor and concerns companies that invest in new technology and offer innovative products and services both in the Greek market and abroad.
Through the OPAP Forward program, member companies have access to know-how by receiving guidance and consulting services from specialized mentors while at the same time becoming members of an international business ecosystem of innovative companies.
The presentation of the new members, and Archeiothiki, took place at an event organized by OPAP at the Stavros Niarchos Foundation Cultural Center on Tuesday, March 12, which marked the start of the sixth cycle of the OPAP Forward entrepreneurship program.
As part of the event, Mr. Andreas Papadakis, General Director of the Archeiothiki, stated: “It is an honor for Archeiothiki to be a member of the OPAP Forward family. We would like to thank OPAP and Endeavor as the acceptance into the program means for us the reward of an 18-year journey, and support in our effort for further development. At the same time, participation in the program is for us a commitment to active participation and support of the other members. The OPAP Forward program is a unique opportunity to exchange ideas and know-how, as well as to share experiences with other businesses, contributing to the success of the program.”
Archeiothiki, as a leading figure in the development of Artificial Intelligence in Greece, actively participated in the 2nd GenAI Summit SE Europe, the largest event dedicated to Generative Artificial Intelligence (GenAI) in Southeast Europe and the Middle East.
This year’s event was held at the Eugenides Foundation, from February 29th to March 2nd, drawing in more than 3,500 participants from companies, institutions, and major organizations from a total of 16 countries, along with an online community of 16,000 members. More than 200 Greek and international entrepreneurs, experts, academics, and researchers made Athens a global focal point for GenAI for four days. The conference primarily focused on the practical applications of generative artificial intelligence (GenAI) in corporate environments and their operational integration into daily workflows.
Archeiothiki had a significant presence at the conference, providing A.I. solutions to the hundreds of people who visited its special booth. In a crowded room, Vassilios Linardos, Head of A.I. Services at Archeiothiki, and Michalis Sinoplis, A.I. Product Lead at Archeiothiki, demonstrated how GenAI is revolutionizing data management, overcoming traditional challenges of artificial intelligence, and paving the way for future innovations in business data.
Their speech captured the audience’s interest as they analyzed through real and successful case studies executed by Archeiothiki, how GenAI brought transformative impact to the operational functions of its partners. They also presented strategies for integrating GenAI technology into data workflow processes.
Archeiothiki, as a pioneer in the field of Artificial Intelligence, develops in-house solutions, always focusing on information management, with a large Internal A.I. Department composed of specialized and experienced engineers. With these solutions, it has implemented complex projects covering the most complex operational needs.
1. The Evolution of Business Documents
For decades, paper documents have been the backbone of business operations. From invoices and contracts to memos and reports, they have played a crucial role in communication, record-keeping, and decision-making. The familiar rustle of paper, the weight of a well-organized file cabinet—these were the hallmarks of an efficient office.
2. The Digital Revolution
Enter the digital era. The relentless march of technology has transformed the landscape. Here’s how:
Efficiency: Digital documents are easily searchable, shareable, and accessible. No more rifling through stacks of paper to find that elusive contract. With a few clicks, you’re there.
Cost Savings: Say goodbye to printing costs, storage fees, and postage. Digital files require no physical space and can be archived effortlessly.
Collaboration: Teams can collaborate seamlessly across time zones and geographies. Real-time edits, comments, and approvals—no more waiting for the courier to deliver the signed contract.
Security: Encryption, access controls, and audit trails ensure that sensitive information remains confidential.
Customer Experience: Customers expect personalized, timely interactions. Digital channels allow businesses to engage with clients through targeted emails, e-signatures, and online portals.
3. Balancing Paper and Paperless
But wait! Paper is not extinct. It still has its place:
Legal Requirements: Some documents (think legal contracts, deeds, and notarized forms) require physical signatures. Hybrid solutions—where digital processes generate paper documents for signing—are common.
Human Touch: A handwritten note or a beautifully printed brochure can leave a lasting impression. Don’t underestimate the power of tactile experiences. Legacy Systems: Older processes may rely on paper. Transitioning gradually ensures continuity without disrupting operations.
4. Best Practices for Companies
So, how can companies navigate this dual existence?
Digitization: Convert paper records into digital format. Scanning and indexing allow for efficient retrieval and reduce clutter.
Enterprise Content Management Systems (ECMS): Invest in robust ECMS that capture, store, and retrieve both paper and electronic documents. An ECM solution can streamline workflows and enhance productivity.
Integration: Seamlessly integrate digital documents with other critical systems (CRM, ERP, etc.). More data means better decisions.
Training: Educate employees on digital processes. Change management is key.
Security Measures: Protect digital assets with encryption, access controls, and regular backups.
Conclusion
The digital transformation is not about abandoning paper—it’s about harmonizing the best of both worlds. So, whether you are clicking a mouse or flipping through a file, remember: Every document tells a story. Choose wisely, and let your business thrive in this exciting age of change.
An Article by Nikos Kavalieratos, Commercial Manager, Archeiothiki
Archeiothiki, in recognition of the direct, effective daily work of the Fire Brigade and of the enormous struggle of the firefighters against the recent summer fires around Aspropyrgos, proceeded to cover the equipment needs concerning the fire stations of Western Attica. The equipment was delivered to the management offices of PE.PY.D. Attica in Elefsina
During the handing over of the equipment, Mr. Periklis Argyros said: “All of us at Archeiothiki feel the need to express our warm and sincere gratitude for the daily struggles you give so that there is no danger of human lives and infrastructure. The contribution of the Fire Brigade is invaluable. Our donation is a small hint of appreciation for your valuable and praiseworthy contribution.”
Then the Fire Brigadier Mr. Christos Platas stated: “I would like to express my warmest thanks for your kind offer and especially for the donation of equipment to cover the needs of our service. Actions such as this are tangible proof of your interest in, recognition for the services that both firefighters and the Fire Brigade provide to society. Such initiatives highlight the social and altruistic role of your company in the wider local community and the country. These special efforts help to highlight and create examples and values that start from the belief that we will always have you close to us. We remain at your disposal for any further cooperation with the priority given to the safety of life and property of Greek citizens and we wish you much luck and success in the valuable work of Archeiothiki”.
This year will mark the 16th annual celebration of Data Privacy Day and so much has changed in the privacy and data protection landscape in those 16 years.
Introduced by the Council of Europe on April 26, 2006, Data Protection Day is an annual celebration of privacy and data protection best practices.
With each passing year, the privacy landscape becomes more complex. At times, navigating the online world can feel perilous – individuals and organizations must consider more requirements than ever before. That’s why Data Privacy Day represents such an important moment on the calendar for businesses and individuals alike to pause and take stock.
Archeiothiki partners with OneTrust to provide automations that help you better understand data across your business and build your GDPR framework.
Here is your guide to celebrating Data Privacy Day 2023.
Last week, the Archeiothiki’s team traveled to Stuttgart, Germany as part of their training on the leading Electronic Document and Content Management (ECM) platform, ELO Digital Office GmbH.
Our team had the opportunity to gain additional knowledge regarding the automated workflows supported by the following ELO Business Solutions:
- ELO HR Recruiting: Evaluation and recruitment of candidates.
- ELO HR Personnel File: Creation of employee’s electronic documents personnel file.
- ELO Contract Management: Creation, approval and contract management during all stages of its life cycle.
- ELO Sign: Digital signature of any document.
- ELO Learning: Creation and delivery of training material to employees over the web.
- ELO Knowledge: Communication and access business knowledge.
- Hands-on practice in the new technologies developed by ELO.
We are grateful for the hospitality and we are looking forward to implementing the new knowledge we have gained on our customers!
The R&D Team of Archeiothiki had the chance to participate in a highly interactive full day workshop, together with the experienced professionals of ahedd Digital Innovation Hub of Demokritos. During this workshop, the team had the chance to rethink its strategy, validate its AI roadmap and overall R&D strategy, exchange thoughts and ideas which eventually led to concrete actionable items that the team is already working on!
This workshop only inaugurated our collaboration with Demokritus and ahedd Digital Innovation Hub.
We are looking forward to continuing working together!
We were excited to be represented at the recent NPL Management Greece conference by George Tamiolakis, Head of Tech-Enabled Services and R&D.
George had the opportunity to exchange views with local and international field experts in an extremely vivid panel discussion.
We would like to thank the DDC Financial Group for organizing the event.
If you are also interested to hear about the current and future tech trends facilitating debt management, the discussion is now available on YouTube: Adoption of Technology in the Greek Market
The Challenge
Within 2021 Archeiothiki was asked to deliver a project with the below mandate:
- to massively examine a large volume of digitized documents related to a Non-Performing-Loan portfolio,
- to identify the presence of particular documents embedded within bulk digitized pdfs,
- to recategorize particular document categories in a reliably way,
- to isolate and recategorize specific documents identified in clearly defined digital folders,
- to consolidate information from different sources in one Electronic Content Management Platform (ECM) repository.
The request stemmed from a client with a large digital archive that was not digitized to the level of granularity required, resulting in an overall hazy image of the portfolio.
The Solution
Archeiothiki designed and implemented:
1. A sanitization of selected portfolio documents with the utilization of Archeiothiki’s in-house Artificial Intelligence Product Suite. Particular focus was given to document indexing and retrieval, allowing access to the information contained in the portfolio, not previously accessible to the end-user with an accuracy that overall exceeded 95%.
2. A tailor-made solution, developed on ELO, one of the world-leading ECM Suites, particularly for the import of all portfolio documents, in a user-friendly fashion, rendering all crucial information easy to retrieve and process.
A glimpse of the project size:
- οver 100.000 accounts,
- οver 2 million files,
- οver 11 million pages.
A glimpse of the project complexity:
- designing and customizing an end-to-end mechanism for automated categorization and PDF splitting,
- οffering metadata-driven, robust views of the document archive,
- migrating more than 2 million documents matching all accounts and relevant data, deriving from diverse sources,
- implementing a new, more granular but succinct categorization of the processed content,
- creating efficient workflows for the receipt and processing of future physical and digital documents.
The Outcome
- a quantitative and deeply qualitative portfolio reformation,
- an increased level of granularity,
- a clear and organized view of the portfolio archive,
- a one-stop, smooth UX through the ECM Suite, with a friendly look and feel and consistent navigation experience,
- improved document retrieval timelines to optimize execution of activities,
- fast, targeted user navigation experience,
- the ability to drive strategy, leveraging the contents of the document archive and preventing any misinformed decisions.
With the use of new technologies, we were able to compress a project that would require more than 3,000 man-days of manual work to 45 man-days of development by our AI engineers.
We express our sincerest thanks to all our partners for giving us the opportunity to involve ourselves in such a uniquely complex project and for their invaluable contribution to its successful implementation.