Trending...
- Psychiatric Hospitals Fail to Warn Electroshock Patients of FDA-Cited Risks in Estimated $7 Billion Industry
- This Weekend Causeway Cove Country BBQ & Music Festival Returns for Fourth Year, Celebrating America's 250th Anniversary on the Water
- Nayarit Strengthens Its Position as a Global Surf Destination; Sayulita to Become Mexico's First Official Surf City
CHARLOTTE, N.C.--(BUSINESS WIRE)--ABBYY has once again been named a leader in intelligent automation technologies. Renowned analyst firm ISG has placed ABBYY as a global leader for both intelligent document processing (IDP) and process and task mining. ABBYY's leadership position extends across the US, UK, Germany, the Nordics, and Brazil markets.
The ISG Provider Lens™ Intelligent Automation Platforms and Products states that ABBYY's no-code/low-code IDP solution, Vantage, is "one of the most advanced and comprehensive IDP management platforms." ISG explains the benefits of IDP enable companies to reduce costs, increase workforce productivity, improve accuracy, ensure compliance, and enhance customer satisfaction.
ABBYY IDP has proven to boost employee productivity by an incredible 400%, with 95% of documents automated out of the box for a wide range of complex, unstructured documents for multiple sectors including insurance, banking, and transport and logistics – covering everything from statements to policy claims, IDs, and waybills. Vantage enables straight-through processing of documents by automatically capturing, extracting, and processing data embedded in business documents which improves knowledge workers' and customers' experiences.
"ABBYY has expanded and enhanced its industry-leading IDP capabilities into more than 100 assets that enable companies to transform their document-centric processes faster. Furthermore, the pre-trained capabilities of the platform accelerate the cycle time for developing new domain and function-specific use cases and solutions," stated Ashwin Gaidhani, Research Partner at ISG. "The focus on the user experience and ease of use makes the platform one of the friendliest document processing solution development workbenches for trained professional coders, technologists and non-technical business and functional users."
Simultaneously, ABBYY's process mining platform, Timeline, is positioned as a leader in the ISG Intelligent Automation Provider Lens™ – Process Discovery and Mining for its advanced process analysis capabilities, high scalability, and usability. ISG states that the global process discovery and mining market is witnessing a surge in demand, with some analysts estimating the process mining software market is projected to grow to $2.3 billion by 2025 with a double-digit CAGR of 33%.1
More on ncarol.com
Companies are using process intelligence solutions to review and assess their process workflows to work smarter and to stay competitive. ISG analysts state that Timeline's differentiated capabilities enable end-to-end process visibility and provide "user-friendly business processes analysis tools, advanced task mining analytics, and visualization mechanism to track process flows." Furthermore, Timeline offers forecast and simulation capabilities to ensure continued optimum workflow efficiency.
Gaidhani continued, "ABBYY Timeline includes powerful process and task-mining technologies based on the latest improvements and developments in AI. It allows enterprises to automatically create an interactive digital twin of their processes, evaluate them in real time to detect bottlenecks and anticipate future results to support technology investment decisions."
"In 2022, we saw increased attention within our core markets for our intelligent document processing and process intelligence solutions that deliver demonstrable customer-focused innovation," commented Gabrielle Lukianchuk, Chief Marketing Officer at ABBYY. "There is strong market momentum going into 2023 and we look forward to working alongside our customers during the intelligent automation journeys."
Receive a complimentary copy of the ISG Intelligent Automation Provider Lens™ – Intelligent Document Processing and Process Discovery and Mining report and register for a webinar about the latest advancements with ABBYY Timeline here: https://www.abbyy.com/hub/timeline/us-max-out-your-idp-with-process-discovery-analysis-and-simulation-webinar/.
For more information on the most recent analyst reports featuring ABBYY, please visit: https://www.abbyy.com/company/what-the-analysts-say/
More on ncarol.com
About ABBYY
ABBYY powers intelligent automation. We reimagine the way people work and how companies accelerate business by delivering the intelligence that fuels automation platforms. Our solutions transform enterprise data and empower you with the insights you need to work smarter and faster. We help more than 10,000 companies globally, including many of the Fortune 500, to drive significant impact where it matters most: customer experience, profitability, and competitive advantage. ABBYY is a US-based global company with offices in 14 countries. For more information, visit www.abbyy.com/company/about-us/ and follow us on LinkedIn, Twitter and Facebook.
ABBYY can either be a registered trademark or a trademark and can also be a logo, a company name (or part of it), or part of a product name of ABBYY group companies and may not be used without consent of its respective owners.
_____________________
1 Gartner "Forecast Analysis: Process Mining, Worldwide." Published October 26, 2021.
Contacts
ABBYY Editorial Contacts:
Gina Ray, APR
Director of Global Public Relations
949-370-0941
gina.ray@abbyy.com
The ISG Provider Lens™ Intelligent Automation Platforms and Products states that ABBYY's no-code/low-code IDP solution, Vantage, is "one of the most advanced and comprehensive IDP management platforms." ISG explains the benefits of IDP enable companies to reduce costs, increase workforce productivity, improve accuracy, ensure compliance, and enhance customer satisfaction.
ABBYY IDP has proven to boost employee productivity by an incredible 400%, with 95% of documents automated out of the box for a wide range of complex, unstructured documents for multiple sectors including insurance, banking, and transport and logistics – covering everything from statements to policy claims, IDs, and waybills. Vantage enables straight-through processing of documents by automatically capturing, extracting, and processing data embedded in business documents which improves knowledge workers' and customers' experiences.
"ABBYY has expanded and enhanced its industry-leading IDP capabilities into more than 100 assets that enable companies to transform their document-centric processes faster. Furthermore, the pre-trained capabilities of the platform accelerate the cycle time for developing new domain and function-specific use cases and solutions," stated Ashwin Gaidhani, Research Partner at ISG. "The focus on the user experience and ease of use makes the platform one of the friendliest document processing solution development workbenches for trained professional coders, technologists and non-technical business and functional users."
Simultaneously, ABBYY's process mining platform, Timeline, is positioned as a leader in the ISG Intelligent Automation Provider Lens™ – Process Discovery and Mining for its advanced process analysis capabilities, high scalability, and usability. ISG states that the global process discovery and mining market is witnessing a surge in demand, with some analysts estimating the process mining software market is projected to grow to $2.3 billion by 2025 with a double-digit CAGR of 33%.1
More on ncarol.com
- New Comprehensive Guide Unveils the Ultimate Masterlist of Government-Approved Business Funding
- Healthcare Leaders Publish New Integrated Behavioral Healthcare Guide, Led by Doctors of Behavioral Health
- Marketing Company Helps Local Businesses Stop Renting Leads and Start Building A Permanent System
- Verbica Challenges Panetta to a Televised Debate on the Issues
- Salt Lake City Families Turn to Private Autopsy Services for Faster Answers After Unexpected Loss
Companies are using process intelligence solutions to review and assess their process workflows to work smarter and to stay competitive. ISG analysts state that Timeline's differentiated capabilities enable end-to-end process visibility and provide "user-friendly business processes analysis tools, advanced task mining analytics, and visualization mechanism to track process flows." Furthermore, Timeline offers forecast and simulation capabilities to ensure continued optimum workflow efficiency.
Gaidhani continued, "ABBYY Timeline includes powerful process and task-mining technologies based on the latest improvements and developments in AI. It allows enterprises to automatically create an interactive digital twin of their processes, evaluate them in real time to detect bottlenecks and anticipate future results to support technology investment decisions."
"In 2022, we saw increased attention within our core markets for our intelligent document processing and process intelligence solutions that deliver demonstrable customer-focused innovation," commented Gabrielle Lukianchuk, Chief Marketing Officer at ABBYY. "There is strong market momentum going into 2023 and we look forward to working alongside our customers during the intelligent automation journeys."
Receive a complimentary copy of the ISG Intelligent Automation Provider Lens™ – Intelligent Document Processing and Process Discovery and Mining report and register for a webinar about the latest advancements with ABBYY Timeline here: https://www.abbyy.com/hub/timeline/us-max-out-your-idp-with-process-discovery-analysis-and-simulation-webinar/.
For more information on the most recent analyst reports featuring ABBYY, please visit: https://www.abbyy.com/company/what-the-analysts-say/
More on ncarol.com
- K2 Integrity's U.S. and EMEA Teams Again Recognized in Chambers and Partners 2026 Guides
- Connecta Satellite Solutions Ready to Support Emergency Communications Following the Venezuela Earthquake
- Rare 1933 Harold Weston painting will be auctioned to benefit the Keene Valley Library
- $20 Million Revenue Target, Accelerating Growth, 7% Of Outstanding Shares Retired, Clear Path Toward Profitability: VSee Health, Inc N A S D A Q: VSEE
- HomeCentris Home Health Achieves 5-Star CMS Rating
About ABBYY
ABBYY powers intelligent automation. We reimagine the way people work and how companies accelerate business by delivering the intelligence that fuels automation platforms. Our solutions transform enterprise data and empower you with the insights you need to work smarter and faster. We help more than 10,000 companies globally, including many of the Fortune 500, to drive significant impact where it matters most: customer experience, profitability, and competitive advantage. ABBYY is a US-based global company with offices in 14 countries. For more information, visit www.abbyy.com/company/about-us/ and follow us on LinkedIn, Twitter and Facebook.
ABBYY can either be a registered trademark or a trademark and can also be a logo, a company name (or part of it), or part of a product name of ABBYY group companies and may not be used without consent of its respective owners.
_____________________
1 Gartner "Forecast Analysis: Process Mining, Worldwide." Published October 26, 2021.
Contacts
ABBYY Editorial Contacts:
Gina Ray, APR
Director of Global Public Relations
949-370-0941
gina.ray@abbyy.com
Filed Under: Business
0 Comments
Latest on ncarol.com
- Joulescope JS320 Launches to Help Engineers Develop Battery-Powered Devices with Greater Confidence
- Ghanaian Afrobeat Artist Praise Kusi Announces Upcoming EP "After 21:00" Releasing July 3, 2026
- TURRENTINE: A Family Legacy United Through Music
- Save 10 Percent Off Summer Stays at KeysCaribbean Resorts
- Apple Rock Named to Event Marketer's 2026 Fab 50 for Fourth Consecutive Year
- CGI Announces Pre-Order Launch for New Integrated Behavioral Health Book
- Angelina Bianchino Launches Hometown Realtor Initiative to Expand Homeownership Opportunities
- New from Regal House Publishing, When We Were Feral, a harrowing summer changes all for three teens
- Prince George's County Students Now Have A Rare Opportunity In TV Film Production Career-readiness
- City of San José Could Lose Access to Millions Under New CalEnviroScreen Tool 5.0
- This Weekend Causeway Cove Country BBQ & Music Festival Returns for Fourth Year, Celebrating America's 250th Anniversary on the Water
- Three Lies Deep Online Movie Premiere
- Martin Sumichrast Leads Strategic Advisory Expansion at Hawkeye Systems
- Webtronix Designs Web Agency Launches "LocalFind" to Revolutionize AI Local SEO for Local Businesses
- Christmas Miracle Chronicles - New movie coming up this holiday season !
- Healthi Life, Bangkok's Urban Longevity House, Honoured at Asia-Pacific Awards 2025
- ReviewsAlly Launches Evidence-Based Review Platform for VPNs, Business Software, and Online Services
- Week 47 Final Freedom Vigil at Alligator Alcatraz: Truth Out
- Psychiatric Hospitals Fail to Warn Electroshock Patients of FDA-Cited Risks in Estimated $7 Billion Industry
- EasySpanishTax.com Launches Simple DIY Modelo 210 Filing Solution for Non-Resident Property Owners in Spain