Expanding global presence by showcasing AI technology specialized in trade document processing and introducing key solutions

Document AI specialist Lomin Inc. (CEO Ji Hong Kang) announced that it will participate in the global startup conference TechCrunch Disrupt 2024, held from October 28 to 30 in San Francisco, USA.

TechCrunch Disrupt, North America’s largest startup exhibition since 2011, serves as a networking hub where startups with innovative technologies and investors gather to explore collaboration opportunities.

Lomin was selected as a promising startup under the Shinhan Square Bridge Global Program and plans to leverage this event to expand its influence in the global market by focusing on AI technology tailored for trade document processing.

Lomin’s flagship solution, ‘Textscope® Studio’, is a comprehensive Document AI platform that provides all the necessary AI technologies for document processing and automation, supporting capabilities like document parsing, understanding, and Document AI model training (MLOps).

In particular, the recently spotlighted ‘AI-powered high-performance document data processing solution, Textscope® Doc Parser,’ was developed to align with the era of LLM/RAG (Retrieval-Augmented Generation). This solution extracts text, images, and tables from various document formats, converts them into readable formats, and facilitates the application of LLM-based business solutions.

Lomin has been recognized as a leading company in the performance category in Gartner’s report on Intelligent Document Processing (IDP) platforms. Additionally, it was recently selected as a member of the NVIDIA Inception, NVIDIA’s elite startup program.

Furthermore, Lomin is driving innovation across various industries by revolutionizing the complexity of global trade processes through data processing and automation of diverse trade documents such as invoices, packing lists, bills of lading, and purchase orders, significantly enhancing operational efficiency for its clients.