• June 14, 2024

ABBYY, AYR, Indico Data, Microsoft, Tungsten Automation, UiPath and WorkFusion Top IDP Assessment by Everest Group

The Everest Group, a global technology consultant based in Dallas, has released its annual evaluation of intelligent document processing (IDP) technology providers for 2024. The company, which produces a “PEAK Matrix” report for …

IDP Market Will Surge to $18 Billion by 2028, Says Report

Advances in intelligent document processing will drive the market for the technology to $18 billion in 2028 from around $6 billion in 2023, according to a new report. In the report, …

IDP Investment Surges in EMEA, Says Report

Intelligent automation technology providers are increasingly integrating intelligent document processing (IDP) technology while overall investment in IDP continues to climb, especially in the Europe/Middle East/Africa (EMEA) region, according to a new …

AntWorks Launches AI-Driven IDP Solution for Insurers

AntWorks this week said it has launched a new solution aimed at insurance companies that will enable them to optimize their document processing. The Singapore-based company worked with one of the …

Quadient Acquires Daylight Automation

Quadient, a French company specializing in automating customer engagement and finance functions for businesses, announced it has acquired Daylight Automation. Daylight Automation, formerly known as FormHero, provides Quadient with the technology …

Medius Chooses Jacksonville to Base U.S. Operations

Companies that provide software automation technology for specific verticals or functions continue to proliferate and grow. Automating accounts payable processes is a popular application for automation technology and a Swedish company …

Rossum Leads Effort to Create World’s Largest Document Extraction Dataset

Rossum, a London-based intelligent document processing (IDP) technology provider, said it has published the world’s largest research dataset aimed at improving AI models dedicated to business document information extraction. The company …

Solving the Problem of Unstructured Data in Automation

One of the hurdles that has impaired the adoption of intelligent automation at scale for many organizations is the sheer amount of unstructured data that underpins many business processes. Texts, CSVs, …

Alirrium Partners with ABBYY for Document Capture

A Washington, D.C.-area automation consultancy has partnered with ABBYY to add the Miltpitas, Calif.-based firm’s document acquisition, processing and validation capabilities to its offering. Alirrium, which is a UiPath reseller, said …