A robotics startup has saved more than $600 for a software startup that has been using a human for more than three years.
Eagle Hill Consulting (EHCD) recently hired a human to complete the work of several projects that included creating a secure, automated database for its clients and automating certain tasks that were not automated using software.
The new work includes working with the Federal Deposit Insurance Corporation (FDIC), the Federal Trade Commission (FTC), and the U.S. Postal Service (USPS) to create a secure digital signature system.
“Our current solution is more labor intensive and less reliable, but it is still very secure and secure,” said CEO Alex DeSantis in a statement.
“We believe it will save significant amounts of money in the future.”
DeSantis said he and his team spent about $1.5 million on the human, who worked for a total of about a year and a half.
The firm will now use a robot for all its next projects, which will likely include a security audit of some of the banking systems and payment processing systems of some financial institutions, he said.
The company’s software, Eagle Hill Mobile, is also able to automate the process of signing documents in the case of an emergency, DeSants said.
Eagle Hill’s software was built by IBM and Google.
DeSants explained that the new work is more secure than other companies that use robots for their work.
Eagle Hills’ software, he noted, “will not only make sure that the system has sufficient security and privacy protections, but also makes sure that any data is protected in the event of an event that we are unable to complete that work.”
De Santis also said that Eagle Hills will work with other companies to ensure that their software can handle more complex work tasks.
Eagle Heights is currently working on a secure way to handle online banking transactions, he added.