Copyleaks has reportedly obtained $6 million to increase its efforts to flag copycats. It is a tech company with offices in Conn, Stamford, and Tel Aviv that aims to fight plagiarism using a promising technology. The company uses artificial intelligence to comprehend the textual content and classify similarities within it. Apart from exposing plagiarism, the technology comes in handy in protecting and comparing site content. It also compares files and programming code.
According to Karen Kovacs North, who is serving as the Director of the Annenberg Program at the University of Southern California, Copyleaks allows you to compare websites to find out excessive overlapping in what they say about your and their products. You can even use it to accuse other people of violating intellectual property.
On the other hand, Alon Yamin, the CEO and Founding Partner of Copyleaks, explained that the company uses modern technology to identify what a writer says and its meaning in the original text to recognize any plagiarized text in over a hundred languages.
He said Artificial Intelligence is perhaps the greatest advantage of our system. It enables us to understand the textual content to identify plagiarized text that a writer has edited in one or another way. The company offers its online services for registered users and API embedded services for its system of hundreds of institutional customers who can meet their unique content requirements without much hassle.
Many educational institutions, including Stanford University, use Copyleak’s technology for copyright protection. The company also serves the BBC, Macmillan Publisher, the content creators, and medium and large-sized corporations, such as Accenture and Cisco.
As mentioned earlier, Copyleaks’ clients also include several educational institutes. Yehonatan Bitton, the CTO, and Founding Partner, enlightened in a statement that the company will use the new flowing money to multiply its developers in Israel and fortify its technology.
Copyleaks has emerged as a prominent technology leader in plagiarism detection. David Sikorsky, who is a partner at JAL Venture (a funding contributor for the company), released a statement, saying the company uses artificial intelligence that enables us to make an extensively thorough search of similar content throughout numerous sources plus translated text. While the education market receives several obvious benefits from plagiarism detection, the enterprise sector is another emerging area taking advantage of the Artificial Intelligence technology offered by Copyleaks.
A Research & Market report says, Copyleak technology may have many uses outside the education industry, but it may not be identically lucrative. The anti-plagiarism market can see a brisk 12.5 percent annual growth in the next five years, jumping to $2.16 billion from $1.09 billion.
The report focused on the growth of anti-plagiarism technology in the education market. It revealed several factors, such as increased use of smart devices, personal computers, and laptops, rising education expenses in developing economies, and growing requirements for digital stuff in the education sector, led to this momentous growth.
The increasing cases of plagiarism and cheating in educational institutions are other factors behind the development of the anti-plagiarism sector. The report noted countries like France, China, Germany, the United States, and the United Kingdom are the nations with significantly surged plagiarism cases over the past couple of years.