Basware Adopts Foundry AI from Rackspace to Streamline Data Integration Language Coding

Rackspace Technology, Inc. RXT, a global multi-cloud technology services company based in San Antonio, Texas, has made headlines with its announcement on July 16, 2024, that Basware, a leader in accounts payable (AP) automation solutions, has selected Foundry for AI by Rackspace to revolutionize the coding of their proprietary data integration processing language. This adoption marks a significant step in leveraging artificial intelligence to enhance Basware's Extract, Transform, Load (ETL) capabilities, a core component of data warehousing and management.

AI Integration into ETL Processes

By implementing Foundry for AI, Basware aims to simplify and accelerate the development cycles of their unique data integration language. The AI-powered solution provides intelligent assistance, reducing the manual coding effort and leading to greater accuracy and efficiency in the data integration process. This enhancement is expected to positively impact Basware's service delivery for its extensive global clientele.

Enhancing Basware's Service Offerings

With the integration of AI, Basware reinforces its commitment to delivering high-quality, efficient AP solutions. The improved ETL processes will enable the company to manage vast volumes of financial data more effectively, offering quicker turnaround times and more accurate data insights for decision-making. Foundry for AI by Rackspace stands as a testimony to RXT's expertise in providing advanced AI solutions to industry-leading clients.

This collaboration between Basware and RXT is poised to set a new benchmark for the application of AI in data management within financial services, making it a significant topic of interest for investors and industry observers alike.

AI, Basware, Rackspace, ETL, Data, Integration, Automation