Luminance’s machine learning dominating as company nominated for two awards at the National Technology Awards 2020 27 February 2020 | London
[27 February 2020] Luminance has been shortlisted in the award categories for ‘Tech Company of the Year’ and ‘Innovation of the Year’ by the prestigious National Technology Awards 2020 (NTA). As a frontrunner in legal tech innovation, Luminance’s nomination by the NTA is an endorsement of the platform’s ability to provide instant value and time savings to lawyers across the globe.
Luminance’s CEO, Emily Foges, was thrilled by the announcement: "It is fantastic to see Luminance’s pioneering machine learning being recognised by such a prestigious awards program once again. The company has grown exponentially since being named ‘Innovative Enterprise Product of the Year’ at the National Technology Awards in 2019 . We are delighted to be nominated twice this year. For the first time ever, lawyers can cut through huge volumes of documentation and focus on high-value analysis by using Luminance. As well as ensuring a shorter turnaround time for clients, this technology allows lawyers to deliver legal advice with more insight than ever before.”
From international law firms to microbusinesses, Luminance’s technology is a seamless extension of a lawyers’ review process. Now being used by over 200 law firms and companies worldwide, Luminance is enhancing legal processes such as M&A due diligence, contract negotiation, regulatory compliance, property portfolio reviews and eDiscovery.
About the National Technology Awards
Launched in 2017, the National Technology Awards is an annual awards program run by National Technology News, a news site for IT and technology professional buyers. The awards celebrates technology pioneers, with categories such as ‘Security Innovation’, ‘Cloud Innovation’, ‘Start-up Tech Company of the Year’, as well as ‘Consumer Product of the Year’.
Luminance is the leading artificial intelligence platform for the legal profession. Founded by mathematicians from the University of Cambridge, Luminance has developed the Legal Inference Transformation Engine (LITE), the first true application of machine learning to the legal industry, combining pattern-recognition technology with supervised and unsupervised machine learning to read and understand human language. Luminance is used by law firms and in-house teams in over 47 countries around the world to improve processes such as due diligence, contract negotiation, regulatory compliance reviews, property portfolio analysis and eDiscovery. The company has offices in London, Cambridge, New York, Chicago and Singapore.
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