It enables clients to replace previously costly and less efficient human-centric tasks in document review, including relevancy in eDiscovery, sensitive data (PII) identification and attribution in cyber breach, and risk analysis in due diligence.
PanoramAI is Large Language Model (LLM) agnostic, enabling clients to access the best model for their use case, achieving improved accuracy at scale, whilst dramatically reducing time and cost. This is achieved through the platform's high configurability, structured output and intelligence consistency, differentiating PanoramAI in the market.
To provide the most accurate output at the best possible cost, PanoramAI utlises the advanced features of a range of GenAI models using any single or combination of LLMs dependent on the type of use case. In developing the Platform, Panoram established how multiple models performed differently and that the use of single models can reduce the effectiveness and can quickly become expensive if the user continues to run it repeatedly.
PanoramAI has recently been used to perform a large-scale document review as part of a cyber breach response. As a result, PanoramAI delivered more detailed analysis and conducted the document review in a fraction of the time, using less resource and significantly lowering the cost compared to conventional human review. In comparison, PanoramAI was capable of reviewing at a rate of 7,500 documents per hour. Meanwhile, the rate of human review averages about 40 documents per hour per reviewer. This has a significant impact on the cost implications of the document review, bringing potential cost down from £250k to only £20k.
To ensure the highest levels of security, one of the critical aspects of using PanoramAI is zero data retention as the Platform prevents models being trained on client data. Equally, PanoramAI has built in encryption and Panoram is certified to the latest ISO 27001 standard.
Greg Wildisen, Founder, Panoram said: "What we are seeing right now is a deluge of companies making claims about the benefits of AI for the legal industry - we call this "AI washing" or "AI innovation by press release." There is a bifurcation of GenAI capability into the world of bots and AI agents with an aim to make users an hour a day more efficient. But that's not where the real value lies. We see true disruption happening when GenAI is being delivered at scale."
"Our Generative AI platform, PanoramAI, is redefining and redesigning the way law firms are delivering their expertise. The platform is delivering immediate impact, disrupting the way document review and data analysis has been delivered traditionally. At Panoram we believe that PanoramAI ushers in a new standard of document review signaling the end of many human-led tasks."
