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ThirdEye Data Launches New Version of Optira, an AI-based Document Automation Platform

07-04-2025 08:50 AM CET | IT, New Media & Software

Press release from: ThirdEye Data Inc.

Optira Workflow Diagram

Optira Workflow Diagram

In an era when unstructured documents silently drain time, money, and productivity, ThirdEye Data has launched Optira 2.0, the next-generation AI-based document analysis automation platform that empowers enterprises to reclaim up to 85% turnaround time (TAT), cut total cost of ownership (TCO), and unlock new business value from everyday paperwork.

From Excel sheets and multipage contracts to handwritten forms and scanned PDFs, documents remain the lifeblood of critical operations, yet manual handling creates silos, errors, and hidden costs across departments. Optira is built to break this bottleneck, transforming static documents into actionable intelligence with minimal human intervention.

The Hidden Cost: Why Legacy Document Processing Holds Businesses Back

Whether it's a finance team reconciling thousands of invoices, HR parsing endless resumes, or supply chain managers buried under customs forms, the impact is clear:

Hours lost in repetitive manual data entry

Errors that escalate compliance risks

Data locked away in silos, slowing decisions

High TAT that frustrates customers and staff alike

These inefficiencies silently cost enterprises millions annually and undermine agility in data-driven industries.

The Solution - Optira and Its Three Business Pillars

Optira stands apart with its unique Process, Convert & Query framework - going far beyond basic OCR or data extraction to deliver real ROI.

✅ Process:
Extract and process data from any document type - Excel, Word, PDFs, images, even handwritten notes. Users can instantly export processed data to systems like Snowflake, MySQL, CRMs, ERPs, cloud folders, or Microsoft Power Platform. They can also download the processed file in CSV, XLSX, JSON, or TXT format, ready for analysis or audit.

✅ Convert:
Effortlessly transform documents into standardized formats or templates with 100% accuracy. Use cases like resume formatting or contract conversion are handled in seconds, saving teams hours while ensuring compliance-ready consistency.

✅ Query:
No more digging through files or tabs. Optira's built-in GPT-powered conversational interface lets users query all processed data in natural language - across specific date ranges, file batches, or entire archives. It understands context and delivers exactly what business users need, no technical expertise required.

Full End-to-End Business Automation

Optira doesn't stop at data extraction. It's fully automated pipelines pick up files from multiple sources - Google Drive, OneDrive, AWS, Azure, and local folders - process them, convert as needed, and drop the results at a predetermined location, exactly where your business needs them. With Optira's hands-free mode, users simply define source and destination - the platform does the rest. Seamless integrations with ERP, CRM, HRMS, ATS, and other enterprise systems ensure actionable insights flow directly into daily operations.



Built for Every Document-Heavy Industry

Optira is already driving measurable impact in industries where document flow is mission-critical:

Banking & Financial Services: Automate KYC, credit checks, and tax analysis

Healthcare: Extract structured patient data from EHRs, lab reports, and claims

Manufacturing: Process quality control reports, compliance forms, shipping docs

HR & Recruitment: Format and analyze resumes, offer letters, and onboarding packets

Supply Chain & Logistics: Digitize bills of lading, customs declarations, vendor contracts

Retail & Real Estate: Automate lease agreements, purchase orders, product datasheets

Public Sector & Education: Streamline citizen forms, certificates, transcripts



Results That Speak for Themselves

Enterprises using Optira report:

Up to 85% reduction in document turnaround time (TAT)

5x improvement in data processing speed

40-60% lower costs across document-heavy workflows

Improved compliance, accuracy, and decision-making



CEO Statement

"Optira 2.0 goes beyond document automation - it transforms static documents into actionable data points and seamlessly integrates into an enterprise's ecosystem, said DJ Das, Founder & CEO of ThirdEye Data. "By cutting turnaround times, lowering total cost of ownership (TCO), and giving teams on-demand insights, Optira empowers enterprises to make faster, more informed decisions while freeing up people for higher-value work. That's true digital transformation in action."



Experience Optira 2.0 Yourself

ThirdEye Data offers multiple ways for enterprises to see Optira in action:
✅ Self-Guided Platform Walkthrough - get hands-on with key features
✅ 7-Day Free Trial - process your own documents and see real results
✅ Personalized Demo - discover how Optira fits into your unique workflows

Powered by ThirdEye Data

For over a decade, ThirdEye Data has optimized customers worldwide with data & AI solutions, from data engineering and AI/ML to LLM-powered agents development.

333 West San Carlos Street, San Jose, CA 95110 USA

ThirdEye Data leverages Artificial Intelligence & Data technologies to build AI applications for enterprises worldwide.

ThirdEye is a Silicon Valley based one-stop-shop for Data Sciences, Analytics & Engineering services & products.

ThirdEye has a decade of experience in building end-to-end technical solutions for Fortune 500 companies and start-ups worldwide.

ThirdEye's services help organizations transform knowledge into strategic & tactical insights for informed & timely business decisions.

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