Global News
Luminance, the leading AI platform for the legal profession, has been named winner of the ‘Outstanding Innovation’ category at the 2018 Global Business Excellence Awards.
The Global Business Excellence Awards are one of the world’s highest profile awards, priding themselves on having a large panel of independent expert judges who select winners according to strict criteria for each category and sector; focusing on financial results, innovation, and benefits to customers, employees, investors, and communities. Luminance was selected due to the success of its proprietary AI technology and outstanding global growth.
When commenting on Luminance, the chairman of the judges said: “Luminance is making life easier for mergers and acquisition (M&A) lawyers through the application of artificial intelligence (AI). When working on M&A cases, lawyers are required to carry out due diligence. This involves reading through reams and reams of documents, which is just not humanly possible. Luminance’s AI platform, detects patterns and identifies where they are different saving lawyers hours of work. Other new exciting time-saving products for law professionals are also in the pipeline. Congratulations to Luminance for putting AI to excellent use.”
“We are delighted to be named winner of the ‘Outstanding Innovation’ category at this year’s Global Business Excellence Awards”, added Emily Foges, Luminance CEO. “This is a great accomplishment and recognises the ground-breaking innovation at the heart of Luminance’s AI technology.”
Since launching in September 2016, Luminance has over 100 customers spanning six continents, including over 10% of The Global 100 law firms. As a testament to the exceptional growth and advanced machine learning technology, Luminance was recently awarded ‘Best AI Start-Up’ at the prestigious AIconics awards, held at Kensington Palace last month.
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