Case Study: Large American Semiconductor Company achieves 70% efficiency gains in contract review with EdgeVerve AI Next

EdgeVerve AI Next helps a large American semiconductor company digitized its contract review process for 70% efficiency gains

Large American Semiconductor Company faced a time-sensitive challenge: to integrate a new acquisition they needed rapid, accurate risk analysis across large volumes of customer and supplier contracts that lived in multiple silos. Manual sampling by legal teams was slow, error-prone and left the company exposed to unidentified risks, so they partnered with EdgeVerve and deployed the EdgeVerve AI Next platform to digitize and scale contract review.

EdgeVerve implemented AI Next to overcome silos, extract 50 intents and 125 entities from multiple contract types, and assign risk scores using contextualized deep learning models. The platform processed 30,000+ contracts in one week (over 120,000 to date) with >80% accuracy, enabled legal teams to search contracts and capture clauses ~70% faster, delivered 70% higher efficiency, and provided near-real-time risk insights that improved M&A decision quality. EdgeVerve’s solution automated ongoing contract processing and materially accelerated the client’s risk assessment capabilities.