Predictice is the first European platform that uses the power of big data to calculate probabilities of justice dispute resolution. This decision support tool for legal professionals is based on complex algorithms which analyse all court decisions in order to save time in legal research and quality of legal advice.
Our unique technology is built on natural language comprehension algorithms. After more than 2 years of R&D, the Predictice team is the most advanced on the topic of predictive justice in Europe, which has allowed us to win many prizes and awards. Today our device reads more than 4 million fully court decisions per second, with a reliability rate of 96%, all subjects combined. Already 400 legal professionals use this paid software: insurers, such as Axa, Allianz and Covéa; international law firms, such as Dentons and Taylor Wessing, but also small size law firms of individual lawyer; or even French courts of appeal.
We targeted to establish ourselves in the promising European market thanks to our strong technological advance and easy to use solution. We are appealing to the European Commission to help us fund a feasibility study on a first European country we have selected: Italy. This choice is logically imposed by the opening and the potential of its market and the available amount of data of local justice decisions thanks to our international partner distributor and data provider Wolters Kluwer present in this country.
Founded in January 2016 by a complementary team of international lawyers and engineers, Predictice now has 14 employees including a robust technical team of 7 developers (including an Italian CTO). The power and reliability of our international partner allows us access to data not available in open data and to a considerable sales force. Following this approach and the implementation of our solution across the European market, we expect to reach a team of 35 persons and an ambitious turnover of 3,7M€ by 2022.
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