Business runs on content, whether it is proposals, invoices, contracts, legal documents, and more. According to the IDC, by 2025 there will be more than 130 billion terabytes of content. The modern work trends have changed the way we work, escalating security and compliance needs as more content is created and accessed from more places than ever.
According to Microsoft’s internal research, today organizations spend more 46 billion USD per year on storing and managing content. However, storage alone is not going to solve the 11 to 14% impact looking for the right content has in productivity. This past October 12th, Microsoft announced a new Content AI solution: Microsoft Syntex.
Every workday, Microsoft 365 users add over 1.6 billion documents to the platform. Microsoft Syntex was thought to help users seamlessly integrate content into collaboration and workflows, turning it into an advantage instead of a liability.
Microsoft Syntex automatically reads, tags, and indexes high volumes of content and connects it where it needs to be, in search, applications, and as a reusable knowledge. This new solution manages content with robust analytics, security, and automated retention.
- Document processing
- Translation of content
- Summarization to distill key points
- Content assembly to help create new documents
- Images, audio, and video processing
- eSignature to thrive in the digital work world
- Microsoft Search powered with AI
- Annotations to add notes, redactions, stamps, comments, and more
- Content rules processor to trigger the next action
- Security and content management
- And more…
Read more details about these features, here.
Microsoft Syntex is available now. For more information about this tool or to find out how you can purchase it, do not hesitate to contact one of our licensing experts. We are happy to help.