BEIJING, Aug. 30, 2017 (GLOBE NEWSWIRE) — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics, machine learning, and artificial intelligence solutions in China, won the government contract for the Remote Trial Service Information Construction Project of Beijing Intellectual Property Court, according to the official announcement of Beijing Municipal Bureau of Finance about government procurement on August 21, 2017. It is another major achievement for Gridsum’s legal services business after the Intellectual Property Case Study Guidance and Service Platform jointly developed by Beijing Intellectual Property Law Association and Gridsum. It also indicates that Gridsum continues to be a key software solution provider in China’s Smart Court initiative.
The Remote Trial Service forms part of Gridsum’s comprehensive suite of legal solutions targeted at courts, prosecutors, law firms and others within the judicial ecosystem. Gridsum’s broader legal solutions suite continues to see substantial growth, ahead of the company’s expectations.
The Remote Trial Service enables trials that used to happen in court rooms to be handled online, so that parties involved anywhere in the country or across the globe are able to participate in the trial process through the online platform conveniently and securely.
Compared with traditional legal services, the Remote Trial Service system takes full advantage of Internet technologies to file cases online, communicate via camera, and allow parties, including litigants and professional agents, to automate their legal processes such as case filing, payment of litigation fees, testifying and reviewing files online. Court trial sessions can also be conducted through the online platform, so that litigants do not have to be present at every trial session physically. In this way, the Remote Trial System saves and optimizes judicial resources, and improves judicial efficiency.
Gridsum’s Legal Service Division has developed a series of intelligent products for assisting court intelligence. The Company also launched the Intelligent Voice Recognition System jointly developed with Tencent Cloud to help improve the efficiency of the legal system across China. In addition, the Chinese Legal Information Platform (Faxin) established by the Company in collaboration with the PRC Supreme People’s Court Press, and the Intellectual Property Case Study Guidance and Service Platform developed for the Supreme People’s Court’s Intellectual Property Case Study Base in Beijing were also highly recognized by the Supreme People’s Court and other professionals in the realm of law.
Powered by Gridsum’s global “best of breed” distributed big data platform and AI engine performing real-time data analysis, processing massive amounts of structured and unstructured data, Gridsum offers a number of solution suites targeted toward enterprises, legal ecosystem participants, the government and other organizations. These product suites encompass multi-device data analysis, digital marketing, brand management and advanced data visualization with the goal of using advanced big data analytics and AI to enable companies and other organizations to make better decisions, drive their KPI’s and be more efficient.
Gridsum Holding Inc. is a leading provider of cloud-based big-data analytics, machine learning and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum’s core technology, the Gridsum Big Data Platform, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum’s customers to identify complex relationships within their data and gain new insights that help them make better business decisions. The Company is named “Gridsum” to symbolize the combination of distributed computing (Grid) and analytics (sum). As a digital intelligence pioneer, the Company’s mission is to help enterprises and government organizations in China use data in new and powerful ways to make better informed decisions and be more productive.
For more information, please visit http://www.gridsum.com/.
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