The Business Intelligence Group, an organization founded to recognize “true talent and superior performance in the business world,” today announced the winners of its Artificial Intelligence Excellence Awards, an awards program designed to honor organizations, products and people who bring artificial intelligence to life and apply it to solve real problems.

Out of 65 products named in this year’s awards, just two legal technology products made the cut: Evisort, a company that provides AI-driven contract management for legal, procurement, sales, finance and IT teams; and Onit, a company that provides enterprise workflow products for corporations and corporate legal departments. 

Evisort uses machine learning and natural language processing to power its core product, which it calls its Contract Intelligence Platform, and which integrates a contract repository, contract lifecycle management, and contract analytics. Evisort says that business teams from legal to procurement to sales and beyond can benefit from the platform’s automated data extraction and reporting and streamlined workflow tools.

“We are thrilled to receive the AI Excellence Award from the Business Intelligence Group,” said Jerry Ting, Evisort’s cofounder and CEO. “Evisort strives every day to create AI solutions that help our customers seamlessly operationalize legal and business teams, so it’s especially rewarding to earn this recognition as an AI leader in the contract intelligence space.”

Onit in 2020 acquired New Zealand company McCarthyFinch, a provider of a suite of AI-driven contract management software designed to help automate contract reviews and approvals, and soon after unveiled two AI products of its own that incorporated the McCarthyFinch technology.

Read more about Onit on the LawNext Legal Tech Directory.

It has since then also acquired AXDRAFT, a document automation company, and Bodhala, a provider of AI-powered legal spend analytics, benchmarking and market intelligence, in addition to acquisitions of Secure Docs for virtual deal rooms, and of SimpleLegal for spend and matter management.

In addition to honored 65 AI products, the Artificial Intelligence Excellence Awards recognized six individuals and 25 organizations.

Among the individuals honored was one in the legal field: Carol Hopperton, global head of legal operations, Vonage.

Photo of Bob Ambrogi Bob Ambrogi

Bob is a lawyer, veteran legal journalist, and award-winning blogger and podcaster. In 2011, he was named to the inaugural Fastcase 50, honoring “the law’s smartest, most courageous innovators, techies, visionaries and leaders.” Earlier in his career, he was editor-in-chief of several legal publications, including The National Law Journal, and editorial director of ALM’s Litigation Services Division.