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Kaybus Joins with Deloitte to Provide Comprehensive Knowledge Automation Platform and Improve Employee Efficiency

Jun 22, 2015

SAN FRANCISCO, June 22, 2015 /PRNewswire/ - Today Kaybus, the only provider of a comprehensive Knowledge Automation platform, announced a new alliance with Deloitte Australia to deliver Knowledge Automation to customers in Australia and New Zealand. The new alliance will enable Deloitte to further expand on its information and content management services for its clients while driving increased efficiency and intelligent knowledge sharing across its own 6,000 staff and teams. The alliance also provides Kaybus with a significant market foothold in Australia and New Zealand .

With increasingly fast product cycles, businesses are creating and modifying content at a rapid pace. This content is sprawled across a growing number of repositories such as Dropbox, Box or SharePoint, which makes it difficult for employees to find the most current information to get their jobs done, resulting in a knowledge gap. Many companies manually collect and transform content into usable knowledge, a process that is slow and ineffective.

"Kaybus is a platform that will help our clients more quickly and efficiently access the data they need, to make the strategic decisions necessary to operate as efficiently and effectively as possible, ultimately improving their bottom line," Geoff Stalley, partner of mergers, acquisitions and integrations at Deloitte Australia, said. "Internally, we believe adding Kaybus' capabilities to our current suite of offerings will ensure our people are quickly and efficiently getting the information they need to excel at their jobs."

Kaybus' Knowledge Automation platform leverages machine learning and big data analytics to automate how content is collected, adjusted and surfaced to each employee, to ensure the right knowledge reaches the right employee. Kaybus' integrated and discoverable video capabilities played a pivotal role in Deloitte's decision to form an alliance with the company. With discoverable video, users can search within and tag a video's automatically transcribed content, much as they would access documents to get real-time answers.

"Companies today are struggling to deal with sprawling information across more silos than ever before," Seenu Banda, founder and CEO of Kaybus said. "Most solutions simply create a new repository and add confusion for employees, but our Knowledge Automation is designed to be a single source of truth for business users and surface only the most relevant information to employees. Deloitte understands the value in this software and why it is a critical part of running efficient and high performing organizations."

Together the two firms will help organizations in Australia and NZ ensure employees have access to the precise knowledge they need to be effective at their jobs.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/au/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

About Deloitte Australia

In Australia,the member firm is the Australian partnership of Deloitte Touche Tohmatsu. As one of Australia's leading professional services firms, and winner of both the Australian Financial Review/CFO Audit Firm of the Year and Accounting Firm of the Year awards 2013, Deloitte Touche Tohmatsu and its affiliates provide audit, tax, consulting, and financial advisory services through approximately 6,000 people across the country. Focused on the creation of value and growth, and known as an employer of choice for innovative human resources programs, we are dedicated to helping our clients and our people excel. For more information, please visit Deloitte's web site at www.deloitte.com.au.

About Kaybus

Kaybus provides a SaaS based Knowledge Automation platform that transforms an organization's content into a single source of truth by automating the distribution of usable and useful knowledge to target individuals based on their specific needs. Through the use of advanced semantic analysis, behavior pattern mining, detection of conceptual topics and usage patterns, Kaybus' mission is to enable all employees to operate at their highest level by eliminating the gap between what people know and what they should know.

Kaybus has received $11 million in funding, led by Artiman Ventures, and has 65 employees. For more information, please visit www.Kaybus.com.

Contact: Brittany Hendrickson
Phone: 415-288-6370
Email: Brittany@inkhouse.com

SOURCE Kaybus