- About Us
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Space delivers data-driven insights, streamlined processes, and exceptional user experiences that drive success through services like data analytics, Generative AI, Generative AI, process automation, and UX/UI design.
Empower your teams to make smarter decisions.
Gain a competitive edge and optimize your business.
Witness the impact of our AI service on a business's success.
Streamline your data processes for maximum efficiency.
Elevate your brand with our innovative designs.
Witness the impact of our AI service on a business's success.
Maximize product impact with our dedicated management services.
Achieve your project goals with our expert support Team.
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Space Products leverage cutting-edge technologies to streamline workflows, reduce errors, and empower data-driven decision-making. Experience the future of business automation.
Transform your business operations with Space Products.
Witness the impact of our AI service on a business's success.
Streamline your data processes for maximum efficiency.
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Space partners with businesses across a wide range of industries to optimize operations and drive success through data-driven insights and streamlined processes.
Explore our industry solutions and discover how we can help your business thrive.
Healthcare 
Education 
Banking 
Manufacturing 
Finance 
Insurance 
Transportation and Logistics 
Construction 
Transformative Technologies that Accelerate Financial Growth and Security
At Space, we understand the dynamic nature of the banking industry. The need for digital transformation is paramount in delivering exceptional customer experiences and optimizing operations. Our comprehensive suite of IT services is designed to empower financial institutions to thrive in this evolving landscape.
We help banks leverage cutting-edge technology to enhance customer engagement, streamline processes, and mitigate risks. From developing robust digital banking platforms to implementing advanced analytics and cybersecurity solutions, we provide end-to-end support to drive growth and profitability.
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Data Science Services
As an innovative company, we firmly believe in the transformative power of AI and machine learning (ML). Through our cutting-edge AI solutions, we aim to revolutionize businesses and streamline processes, empowering them to excel and expand in today's dynamic and competitive market.
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Data Engineering Services
As your business grows, so does your data. Our data engineering solutions are designed with scalability in mind. We leverage cutting-edge cloud-based technologies to ensure your data infrastructure can adapt to your evolving needs. This ensures you're always equipped to handle increasing data volumes without compromising performance or security.
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Design and Creative Services
As a leading enterprise design firm, we believe great design requires collaboration. Our collaboration involves a deep immersion to understand your goals and audience. Our talented designers, strategists, and UX experts then create innovative solutions. From concept to launch, we're your trusted design partner.
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Project Innovation Services
Project Innovation Services empowers you to transform groundbreaking ideas into reality. We combine meticulous project management methodologies with flexible Agile development practices to ensure your projects stay on track, adapt to change, and deliver exceptional results.
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Project Management and Engineering Services
Our Product Management & Engineering services combine strategic planning with cutting-edge development to bring your product vision to life. We guide you through the entire product lifecycle, from conceptualizing new products and add-ons to designing intuitive user experiences and building robust backend systems.
Data Science Services
As an innovative company, we firmly believe in the transformative power of AI and machine learning (ML). Through our cutting-edge AI solutions, we aim to revolutionize businesses and streamline processes, empowering them to excel and expand in today's dynamic and competitive market.
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40+
Custom Banking Projects Delivered
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250+
Banking Technology Experts Onboard
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12+
Years of digitizing Banking
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99%
Client Satisfaction Rating
WHY US
Flexible Engagement Models
We prioritize customization by offering a variety of engagement models tailored to your specific needs. This ensures the best possible outcome for your banking software project. You have the freedom to choose your level of involvement and delegate as much as you’d like, allowing Space to handle the entire project if desired.
WHY US
Transparent Development Process
Space believes in complete transparency throughout the development lifecycle. You'll be kept informed at every stage, with opportunities to provide real-time feedback. This collaborative approach ensures your project aligns with your vision.
WHY US
Unmatched Code Quality
Space believes in complete transparency throughout the development lifecycle. You'll be kept informed at every stage, with opportunities to provide real-time feedback. This collaborative approach ensures your project aligns with your vision.
WHY US
Secure and Scalable Architecture
We understand the critical role of well-planned architecture in banking software. The team prioritizes security and efficiency by strategically choosing between monolithic and microservice architectures based on your specific business requirements. This ensures the scalability and longevity of your Banking software solution.
WHY US
Cutting-Edge Technology
Our team stays at the forefront of technological advancements. We utilize the latest trends and tools to build innovative software solutions. Your dedicated experts will identify the most suitable technology stack for your specific needs and build custom software solutions tailored to your banking business.
WHY US
Agile Development & DevOps
Space leverages the power of DevOps and agile methodologies. This allows for rapid iteration, efficient change management, and quicker delivery of high-quality solutions.
Your AI - Powered Sales Assistant
SmartRep Solution
Empowering pharmaceutical representatives with instant access to approved content and AI-powered insights.
Empowers pharmaceutical representatives to tailor and refine their sales presentations for maximum effectiveness.
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98%
Faster Turnaround
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80%
Improvement in Response Time
SmartRep tackles the challenge pharmaceutical reps face: staying on top of ever-changing product information. Traditional methods struggle to keep pace, hindering effective doctor interactions and impacting sales and patient care.
SmartRep solves this by leveraging cutting-edge Retrieval-Augmented Generative AI (Gen AI) powered by OpenAI GPT-4. This translates into insightful data and intelligent tools that streamline sales pitch preparation. With SmartRep, reps gain instant access to relevant product information, personalize communication to address doctor-specific concerns, and refine communication skills through simulated doctor interactions.
- Azure AI Search
- RAG : Technologies
- GPT - 4
A Generative AI Solution for
Intelligence Center
A secure and scalable platform for managing growing volumes of clinical trial data.
Learn about how our service made a difference in this case study
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95%
Improved Time to Insights
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65%
Reduction in overall platform costs
Clinical trials often struggle with manual data collection and limited data accessibility. Intelligence Center tackles this by offering a comprehensive solution for secure data storage, retrieval, and user-friendliness.
Intelligence Center features an intuitive interface, advanced search functions, and automated document indexing, empowering teams to access and utilize patient data efficiently. This translates to improved data security, streamlined collaboration, and ultimately, the development of more patient-centric medicines. Intelligence Center's impact was recognized with a prestigious "Made WITH Patients" Award, highlighting its contribution to meaningful patient engagement and improved clinical trial outcomes.
- Data Management Platform
- AI-powered Document Indexing
- Data Visualization
A Generative AI Solution for
Anomaly Explorer
Utilizing advanced AI to safeguard patient health and prevent complications.
Analyzing Diverse Data Sources for Adverse Event Detection
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99%+
Accurate Identification of Adverse Event
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80%
Increase in Automation Efficiency
Anomaly Explorer analyzes data from diverse sources like social media, patient feedback, and clinical trials to detect patterns that might indicate safety concerns or medication risks.
Offered as a user-friendly platform, Anomaly Explorer empowers healthcare and pharmaceutical companies to improve patient care, enhance product development, and streamline AE detection. With features like multilingual support and explainability, Anomaly Explorer offers a comprehensive solution for proactive safety measures in the healthcare industry.
- Anomaly Detection
- Model Catalogs
- Global languages support
A Generative AI Solution for
A Multi-Agent Chatbot
Leveraging multi-agent workflows and advanced chatbot to deliver efficient and insightful answers.
Delivering Faster Answers for Increased Efficiency
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98%
Effective Data Handling
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80%
Improved User Experience
Multi-agent system developed by Space to empower users with comprehensive answers to their complex questions. The system combines two specialized agents: one tackles statistical and data-related queries, while the other handles reasoning-based questions requiring logic or similarity searches.
This allows users to access both structured data and insights derived from large document databases. With features like user query refinement and agent selection, the system delivers a seamless user experience. Overall, this multi-agent system empowers users with faster access to insights, reduces reliance on data analysts, and improves overall user experience.
- Multi-Agent Chatbot
- Advanced RAG
- GPT - 4
Enhancing
Fraud Detection Systems
Leveraging advanced data engineering to improve fraud detection accuracy.
Learn about how our service made a difference in this case study
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55%
Decrease in False Positives
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35%
Reduction in Fraudulent Transactions
A leading bank faced challenges in detecting fraudulent transactions due to the high volume of data and the complexity of identifying patterns. By implementing a robust data engineering solution, the bank integrated various data sources, including transaction logs, customer profiles, and external data feeds, into a centralized data repository. This enabled the development of sophisticated machine learning models to analyze spending behavior and detect anomalies in real-time.
- Data Integration
- Machine Learning
- Anomaly Detection
Featured Blogs
Our comprehensive services empower you to design, develop, and integrate cutting-edge healthcare solutions.
Drive Success Together:
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Frequently Asked Questions
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How can AI improve customer service in banking?
AI offers several ways to enhance customer service in banking:
- Chatbots and virtual assistants: AI-powered chatbots can answer customer questions 24/7, handle routine tasks like account balance inquiries, and schedule appointments. This frees up human agents to focus on complex issues and provide personalized assistance.
- Sentiment analysis: AI can analyse customer interactions to identify potential dissatisfaction and proactively address concerns.
- Personalized recommendations: AI can recommend relevant financial products and services based on a customer's financial profile and banking habits.
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What is the approach to developing banking software?
We at Space, take a collaborative approach to understand your specific needs and challenges. Our development process typically involves:
- Consulting: Discussing your goals and objectives to determine the best software solutions.
- Requirement Analysis: Thoroughly analysing your requirements to define the necessary features and functionalities.
- Solution Design and Development: Crafting a secure and scalable banking software solution tailored to your needs.
- Testing and Deployment: Rigorously testing the software and ensuring seamless deployment across your infrastructure.
- Ongoing Support and Maintenance: Providing ongoing support and maintenance services to keep your software up-to-date and functioning optimally.
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What are the benefits of using AI for fraud detection in banking?
AI excels at detecting fraudulent activity in banking thanks to its ability to analyze vast amounts of data and identify patterns in real-time. Here's how it benefits banks:
- Reduced fraud losses: AI can detect fraudulent transactions with greater accuracy and speed compared to traditional methods.
- Improved security posture: AI can continuously learn and adapt to new fraud tactics, enhancing the overall security of banking systems.
- Faster response to suspicious activity: AI can alert banks to potential fraud attempts immediately, enabling them to take swift action and protect customer accounts.
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What are the benefits of using custom banking software solutions?
Off-the-shelf banking software might seem like a quicker and cheaper option. However, custom banking software development offers several significant advantages:
- Tailored Functionality: Generic software may not address the bank's specific needs and processes. Custom solutions allow to build features that directly address unique challenges and workflows.
- Enhanced Scalability: As the bank grows, the software needs to grow. Custom solutions can be easily scaled to accommodate future expansion and changing requirements.
- Improved Security: Custom software allows for the implementation of security protocols that specifically address bank's risk profile and regulatory environment.
- Streamlined Integrations: We can integrate the custom software with existing systems and third-party applications to create a seamless and efficient banking ecosystem.
- Competitive Advantage: Custom solutions allow to develop innovative features and functionalities that can differentiate bank from competitors and attract new customers.
PRODUCTS
Formerly Space Multimedia, the legal name is changed in India to Space Inventive (P) Ltd and Space Inventive, Inc in the US.
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