Soroco
Soroco is a Boston-based company specializing in AI-driven work graph technology to optimize business operations and improve ROI. Their Scout platform supports over 20 industries and has been recognized for its innovation and performance in multiple industry evaluations.
Scout AI Model by Soroco
Scout is an AI model developed by Soroco that generates a work graph to map friction points in business operations. It is designed to help increase returns on investment from software, optimize operational costs, and improve both user and customer experiences. Scout can also discover existing AI investments in an organization to enhance business outcomes and streamline IT migration efforts. Supporting 20+ industries and functions, Scout's knowledge base is embedded in 500 million parameters.
Recognition and Awards
Soroco has been recognized as a 'Star Performer & Leader' in the Everest Group's Task Mining Products PEAK Matrix 2023. In addition, it is acknowledged as a 'Leader' in NelsonHall’s Process Understanding Evaluation 2023 and as an 'Enterprise Innovator' in HFS Horizons: Process Intelligence Products 2023. Soroco is also a 'Strong Performer' in The Forrester Wave: Process Intelligence Software, Q3 2023. On Gartner Peer Insights, Soroco is rated highly by customers, with a rating of 4.9/5 in the Process Mining category.
Global Presence and Partnerships
Soroco has expanded its operations to the Asia-Pacific (APAC) region and has established strategic partnerships with Happiest Minds Technologies and QualityKiosk. The company's headquarters are located in Boston, with additional offices in London and Bangalore. These partnerships and geographic expansions support Soroco's mission to redefine 'The Future of Work' with AI.
Scout Platform Capabilities
The Scout Platform by Soroco offers a suite of tools for business analysts and developers, aimed at extracting value from the work graph. Scout Business provides visibility into teams' work patterns and identifies bottlenecks. The platform includes out-of-the-box apps designed to deliver immediate value, such as discovering disconnection debt and optimizing technology and data. It also supports integration with business intelligence tools like PowerBI and Qlik and multiple programming languages, including Python and Rust.
Media Presence and Impact
Soroco's AI model has been featured in prominent publications such as Forbes, Fortune, and Harvard Business Review. The model's practical applications have driven productivity improvements in over 150 organizations globally, including several Fortune 500 companies. By identifying disconnected systems and information silos, Soroco's AI model provides data-based recommendations for necessary interventions, thereby significantly enhancing business outcomes.