Equals 3 News & Blog

Why DVC Invested in Lucy

Written by Lucy Ai | Jan 21, 2022 3:34:00 PM

The massive wave of digital transformation across the globe is accelerating the velocity of data creation at enterprises. Lucy.ai is an AI powered platform that works alongside knowledge workers at enterprises to access data and knowledge that already exists within an enterprise quickly and accurately, thus saving significant costs both by eliminating data re-creation as well as improving employee productivity and satisfaction.

Gartner estimates that over 80% of enterprise data is unstructured, which makes it difficult to retrieve and utilize by employees. As much as 95% of organizational data will never be accessed again after 90 days from creation(1). This is an immense waste of valuable employee time and enterprise resources.

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