DocuSign and Elastic supercharge generative contract and search solutions

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Source: Venture Beat

Elastic CEO Ash Kulkarni and DocuSign CPO Dmitri Krakovsky shared insights on how generative AI is transforming enterprise search and contract management. Their discussion highlighted the growing importance of AI-powered search capabilities for businesses dealing with vast data volumes and complex contractual relationships.

DocuSign is applying AI to transform contract management. Krakovsky outlined their vision: “We’re totally just scratching the surface in our space, having agents to help negotiate contracts.” This approach suggests a future where AI actively participates in contract negotiation processes.

This year, Kulkarni expanded on the firm’s approach, highlighting the company’s progress in incorporating retrieval augmented generation (RAG) into its vector database technology: “We’re probably one of the most widely used vector databases out there, and we’ve implemented it.” Kulkarni said Elastic integrated these features into its database functionality, “so it benefits from all the work that we’ve done in Elasticsearch over the years.”

Read full article: https://venturebeat.com/data-infrastructure/docusign-and-elastic-supercharge-generative-contract-and-search-solutions/

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