Irosoft Joins Magog Technopole’s Artificial Intelligence Hub

Magog January 24, 2020 – Magog Technopole is pleased to welcome Irosoft Inc., a company specializing in the development of decision-support tools using artificial intelligence (AI) to enhance the value of unstructured and semi-structured textual data, to its IT community. As soon as Irosoft is installed in the Ilot du Quai building, it will be part of Magog Technopole’s artificial intelligence hub, whose objective is to offer world-class expertise in the emerging field of data science.

Headquartered in Montreal, Irosoft is a company that specializes in document management solutions, solutions that accelerate production and decision-making in the legal field, and artificial intelligence. The team, made up of more than forty employees, is entirely dedicated to information management in the enterprise. In addition to creating technologies adapted to organizations, it takes the time to accompany them throughout their digital integration.

ODIN Platform

Irosoft’s centre of expertise in artificial intelligence has recently developed a platform called ODIN to extract relevant information in order to save time, accelerate processes, and above all, help make the right decisions to maximize the impact on profitability. It also makes use of models and algorithms for automatic natural language processing (TALN), automatic learning (AA) and deep learning.

LexRock^AI

LexRock^AI, Irosoft’s new spin-off company, specializes in the development of decision-support tools using artificial intelligence to enhance unstructured textual data. It is mainly dedicated to the development of products using artificial intelligence to meet the needs of four industry sectors: legal, insurance, financial and regulatory compliance. The heritage of Irosoft’s AI algorithms allows LexRock^AI to quickly offer products adapted to these different sectors.

“We are very proud to join Magog Technopole’s artificial intelligence hub. From now on, a lot will happen. We have a plan to become a dominant player on the international scene. Irosoft should be seen as a startup with more than 25 years of experience, expertise, functional products, an action plan, partners, clients, but above all, with a terrific team happily mixing young people and silver-haired ones. A great Quebec story with an international scope. I am very happy to accompany the region’s business community in their growth. Hang in there! We’re going to conquer the world! ” enthusiastically said Alain Lavoie, President of Irosoft.

“The arrival of Irosoft as a member of the artificial intelligence hub enriches our ecosystem and confirms Magog Technopole’s ability to attract the best by demonstrating the viability and dynamism of a regional model that offers the business community access to world-class expertise,” said André Métras, Director General of Magog Technopole.

Irosoft inc. Founded in 1995, Irosoft is a service and technology company specializing in the valorization of structured and unstructured data. It develops tools, algorithms, and products based on natural language processing (NLP) and on modern machine-learning and artificial intelligence (AI) techniques that enable its clients to transform simple information into practical, usable data. Based in Montreal (Canada), an important AI development centre, Irosoft is very much involved in the IT ecosystem and keeps abreast of the latest trends and methodologies in artificial intelligence (AI).

 Magog Technopole is a non-profit organization with a mission to foster the growth of the ICT sector in the city of Magog by developing a receptive and supportive environment and promoting it to innovative companies in order to support their establishment.

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