IBM Watson Discovery vs. Nanonets

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Watson Discovery
Score 9.1 out of 10
N/A
IBM offers Watson Discovery, a natural language processing (NLP) application with options to measure sentiment, detect entities, semantic roles, and other concepts.N/A
Nanonets
Score 2.0 out of 10
Mid-Size Companies (51-1,000 employees)
Nanonets uses advanced OCR and Deep Learning to extract relevant information from unstructured text and documents. Digitize documents, extract data-fields, and integrate with everyday apps via APIs. Eliminate manual processes and automate invoice, receipt, document reviews. The vendor's value proposition: Reduce processing time by up to 90% and save on costs by up to 50%. Integrations - API feeds captured data to CRM, WMS, DB, email & more Scalable &…
$499
per month API Calls
Pricing
IBM Watson DiscoveryNanonets
Editions & Modules
No answers on this topic
Starter
$0
per month Pages processed
Pro
$499
per month Pages processed
Enterprise
Custom
per year Pages processed
On prem
Custom
Offerings
Pricing Offerings
IBM Watson DiscoveryNanonets
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
IBM Watson DiscoveryNanonets
Best Alternatives
IBM Watson DiscoveryNanonets
Small Businesses
Yext
Yext
Score 8.9 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.6 out of 10
Medium-sized Companies
Guru
Guru
Score 9.4 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.6 out of 10
Enterprises
Guru
Guru
Score 9.4 out of 10
IBM Cloud Pak for Business Automation
IBM Cloud Pak for Business Automation
Score 9.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Watson DiscoveryNanonets
Likelihood to Recommend
9.0
(26 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(2 ratings)
-
(0 ratings)
Usability
6.2
(3 ratings)
-
(0 ratings)
Support Rating
10.0
(2 ratings)
-
(0 ratings)
User Testimonials
IBM Watson DiscoveryNanonets
Likelihood to Recommend
IBM
Overall, IBM Watson Discovery is an amazing technology that we use with our clients to address various business problems, but the biggest challenge has always been about ingesting, analyzing, enriching, and searching huge collections of documents and allowing our end users and SMEs to be able to search for what they need to reduce the time and efforts spent daily on a manual search through various collections of documents. We have successfully managed to reduce manual work by over 80%, and now our SMEs are being used for the skills they have to gather insights rather than do manual work.
Read full review
Nanonets
No answers on this topic
Pros
IBM
  • It is an excellently fast platform with documents and the answers to queries.
  • With automation learning beneficial as it saves time.
  • When searching for a document, everything stays located and easy to find.
  • Acceptance of various documents.
  • It has a quite comfortable Technical support, always available when required.
Read full review
Nanonets
No answers on this topic
Cons
IBM
  • I believe AI should be more flexible about providing data. However, it's understandable that you need to provide the details you need in a more specific and detailed way.
  • The interface could use more tweaking. Being new to the program, it was kind of hard to navigate.
  • Luckily, there was a customized feature of the dashboard that I could set up, and having something that you know where you are placed always feels familiar and comfortable.
Read full review
Nanonets
No answers on this topic
Usability
IBM
IBM Watson Discovery has the best user capabilities and easily transform business decision-making portfolio. The automation system saves time used in data analysis as opposed to manual research that consumes a lot of time. The visualization across the dashboard enables my team to interpret complex data and use it to make reliable marketing decisions.
Read full review
Nanonets
No answers on this topic
Support Rating
IBM
Similar to all IBM Watson and Salesforce product solutions, the overall support would be a 10/10. Their provided FAQ's help with frequently experienced issues and if still unable to figure something out, their customer service representatives are always super responsive. With instant chat functions available, it is easy to ask a quick question rather than sitting on hold.
Read full review
Nanonets
No answers on this topic
Alternatives Considered
IBM
Discovery differs from its competitors due to the better ease of implementation and the high level of natural language recognition, it is equal in integration resources such as API and workflow or process pipeline, but it loses in the price for a high volume of documents and/or research. If you own or plan to use other services from the IBM Watson family, there is no doubt that Watson discovery is your best option. Another important point is if you plan to use a cloud or on-premise service (local server or private cloud).
Read full review
Nanonets
No answers on this topic
Return on Investment
IBM
  • We find its Enterprise plan expensive for a country of LATAM. For US or Europe based businesses, looks great.
  • A Big Data and massive queries based company would find the service expensive. Maybe a flat price plan would be helpful.
  • Have you thought in making a cheaper plan where you take the learning from your customer's data to enrich your AI tool?
Read full review
Nanonets
No answers on this topic
ScreenShots

Nanonets Screenshots

Screenshot of We have pre-built document extractors for most of common document types such as invoices, receiptsScreenshot of Our AI based extractor will automatically extract useful information from documents, you can validate, correct information on our UI itselfScreenshot of You can build complex approval flows on Nanonets itself after adding team membersScreenshot of You can also write complex postprocessing on data extracted by NanonetsScreenshot of We have many postprocessing and validations options in UI that let you quickly verify sanity of data extractedScreenshot of Integrate with popular softwares like quickbooks, salesforce and more right from our UI, no need to write code