Document processing

WorkFusion Named a Leader in Everest Group's PEAK Matrix® for IDP for Sixth Consecutive Year

Retrieved on: 
Wednesday, April 17, 2024

NEW YORK, April 17, 2024 /PRNewswire/ -- WorkFusion, a leading provider of AI digital workforce solutions, today announced that it has, for the sixth consecutive year, been named a Leader in Everest Group's Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment for 2024. It has also been recognized as a Leader in the Banking-specific IDP Products PEAK Matrix® Assessment 2024. The PEAK Matrix Assessments consider vendors based on market impact, vision & capability.

Key Points: 
  • NEW YORK, April 17, 2024 /PRNewswire/ -- WorkFusion , a leading provider of AI digital workforce solutions, today announced that it has, for the sixth consecutive year, been named a Leader in Everest Group's Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment for 2024.
  • It has also been recognized as a Leader in the Banking-specific IDP Products PEAK Matrix® Assessment 2024.
  • These and other factors have contributed to WorkFusion being a Leader on Everest Group's Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024," said Vaibhav Bansal, Vice President, Everest Group.
  • WorkFusion CEO Adam Famularo said, "We appreciate Everest Group's continued recognition of our in-depth IDP expertise and market leadership reflected in our AI Digital Workers.

Mphasis Collaborates with AWS to Launch Gen AI Foundry for Financial Services

Retrieved on: 
Monday, April 15, 2024

NEW YORK, April 15, 2024 /PRNewswire/ -- Mphasis, (BSE: 526299) (NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced a multi-year global agreement with Amazon Web Services (AWS). The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation.

Key Points: 
  • The collaboration marks a significant milestone as Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation.
  • The Gen AI Foundry for Financial Services, led by Mphasis.AI, is our commitment to accelerating AI adoption and business modernization for our clients.
  • "AWS is pleased to collaborate with Mphasis to support the introduction of the Gen AI Foundry for the financial services industry.
  • We look forward to seeing the Gen AI Foundry helping businesses to leverage AWS's advanced AI and machine learning services for enhanced experience and greater efficiency in today's competitive landscape," said Scott Mullins, Managing Director & General Manager, AWS Worldwide Financial Services.

KnowledgeLake and Carahsoft Partner to Deliver AI Powered Enterprise Automation for Government Agencies, Educational Institutions and Healthcare Organizations

Retrieved on: 
Wednesday, March 20, 2024

ST. LOUIS and RESTON, Va., March 20, 2024 /PRNewswire-PRWeb/ -- Partnership Streamlines Services to the Public Sector While Significantly Reducing Costs

Key Points: 
  • KnowledgeLake, a pioneer in AI Powered Enterprise Automation, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a strategic partnership.
  • KnowledgeLake , a pioneer in AI Powered Enterprise Automation, and Carahsoft Technology Corp. , The Trusted Government IT Solutions Provider®, today announced a strategic partnership.
  • This collaboration enables Government organizations to leverage KnowledgeLake's state-of-the-art AI capabilities to improve efficiency and deliver better services by reducing manual tasks through Digital Labor.
  • Through this partnership, Carahsoft and its reseller partners will provide access to KnowledgeLake's Intuitive AI™ powered platform for Public Sector, Government, Healthcare and Educational organizations.

DocVu.AI Clinches HW 2024 Tech 100 Mortgage Award and Achieves 'Product Challenger' Position in ISG Provider Lens™ Study

Retrieved on: 
Tuesday, March 12, 2024

DocVu.AI is the proud winner of the HW 2024 Tech 100 Mortgage Award and is being recognized as a 'Product Challenger' in the ISG Provider Lens™ Study.

Key Points: 
  • DocVu.AI is the proud winner of the HW 2024 Tech 100 Mortgage Award and is being recognized as a 'Product Challenger' in the ISG Provider Lens™ Study.
  • DocVu.AI's cutting-edge IDP platform stood out for its ability to revolutionize document management processes, providing unparalleled efficiency and accuracy in mortgage processing workflows.
  • Additionally, DocVu.AI was acknowledged in the 'Product Challenger' quadrant for Intelligent Document Processing in the ISG Provider Lens™ study on Intelligent Automation – Platforms and Products 2023.
  • ISG Provider Lens™ study is a prestigious recognition highlighting the company's commitment to innovation and excellence in the IDP space.

Keypoint Intelligence Recognizes Xerox with BLI 2024 Smart Workplace Software Line of the Year Award

Retrieved on: 
Tuesday, March 5, 2024

Xerox Holdings Corporation (NASDAQ: XRX) announced that Keypoint Intelligence has awarded the company with the Buyers Lab (BLI) 2024 Smart Workplace Software Line of the Year Award .

Key Points: 
  • Xerox Holdings Corporation (NASDAQ: XRX) announced that Keypoint Intelligence has awarded the company with the Buyers Lab (BLI) 2024 Smart Workplace Software Line of the Year Award .
  • The award recognizes the vendor with the most exceptional portfolio of applications, software and services that help solve modern workplace challenges.
  • Xerox has been named the award recipient for six consecutive years and a total of 10 times since 2014.
  • Xerox® FreeFlow ® Software for print production eliminates time-consuming manual tasks, boosts capacity and reduces operating costs.

Tungsten Automation Launches Generative AI Capabilities to Accelerate Customer Returns on Investment

Retrieved on: 
Thursday, February 29, 2024

Tungsten Automation, a trusted leader in Intelligent Automation software and the new identity of the Kofax brand, today unveiled TotalAgility® 8.

Key Points: 
  • Tungsten Automation, a trusted leader in Intelligent Automation software and the new identity of the Kofax brand, today unveiled TotalAgility® 8.
  • This latest release of the flagship platform offers new AI enhancements that help organizations become more agile and accelerate their returns on investment than ever before.
  • “The introduction of Generative AI into TotalAgility marks a significant leap in making businesses more agile and able to realize significantly faster returns on investment.
  • “We are thrilled about the new innovative features that Tungsten Automation is introducing in TotalAgility 8.0, particularly the new Generative AI and Copilot capabilities.

Quantiphi Achieves Amazon Web Services Generative AI Competency

Retrieved on: 
Wednesday, March 6, 2024

MARLBOROUGH, Mass., March 6, 2024 /PRNewswire/ -- Quantiphi , an award-winning AI-first digital engineering company, today announced it has achieved the Amazon Web Services (AWS) Generative AI Competency for the services track in Consulting Services and the software track for the Generative AI Applications and Foundation Models and App Development categories, recognizing Quantiphi as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools and infrastructure pivotal for implementing generative AI technologies.

Key Points: 
  • MARLBOROUGH, Mass., March 6, 2024 /PRNewswire/ -- Quantiphi , an award-winning AI-first digital engineering company, today announced it has achieved the Amazon Web Services (AWS) Generative AI Competency for the services track in Consulting Services and the software track for the Generative AI Applications and Foundation Models and App Development categories, recognizing Quantiphi as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools and infrastructure pivotal for implementing generative AI technologies.
  • Achieving the AWS Generative AI Competency differentiates Quantiphi as an AWS Partner that has demonstrated technical proficiency and proven customer success by boosting workforce productivity with generative AI-powered conversational search, document processing, text summarization and more.
  • Quantiphi AWS Global CEO Jim Keller said Quantiphi is reinforcing its commitment to provide innovative generative AI by recently signing a Strategic Collaborative Agreement (SCA) with AWS.
  • Quantiphi also offers a generative AI advisory workshop that leads to deeper customer conversations about data migration and modernization journeys.

CONEXIOM REVOLUTIONIZES SALES ORDER AUTOMATION WITH RELEASE OF NEXT-GEN AI PLATFORM

Retrieved on: 
Wednesday, January 31, 2024

VANCOUVER, BC, Jan. 31, 2024 /PRNewswire/ -- Conexiom, the leading Sales Order Automation SaaS provider, is excited to announce the availability of its next generation AI platform with major advances in the speed, accuracy, and coverage of its self -learning AI product – Conexiom Express.

Key Points: 
  • VANCOUVER, BC, Jan. 31, 2024 /PRNewswire/ -- Conexiom , the leading Sales Order Automation SaaS provider, is excited to announce the availability of its next generation AI platform with major advances in the speed, accuracy, and coverage of its self -learning AI product – Conexiom Express.
  • The next-generation Conexiom Platform closes the digital order gap using specialized AI tuned for PO-backed orders.
  • "The next generation Conexiom Platform closes the complete digital order gap with the best outcomes applied from multiple AI models that are specifically tuned to the complexities of PO-backed sales orders," said Ani Gujrathi, Conexiom CTO.
  • Pre-built sales order validations and conversions to automate business rules such as part numbers, pricing, minimum order quantity, and unit of measure.

Legrand India Elevates its Digital Transformation Journey with the Nividous Intelligent Automation Platform

Retrieved on: 
Monday, January 29, 2024

MUMBAI, India, Jan. 29, 2024 /PRNewswire/ -- Nividous' customer, Legrand India, a global leader in electrical and digital building infrastructure, has taken a step forward in its digital transformation journey by harnessing the power of Artificial Intelligence (AI), Machine Learning (ML), Intelligent Document Processing (IDP), and workflow automation capabilities native to the Nividous platform. This strategic partnership has further enabled Legrand India to adopt a holistic approach to its automation goals, enhancing operational efficiency and driving innovation across the organization.

Key Points: 
  • Legrand India transforms its operations with the Nividous Intelligent Automation Platform, streamlining end-to-end accounts payable and boosting efficiency across departments.
  • MUMBAI, India, Jan. 29, 2024 /PRNewswire/ -- Nividous' customer, Legrand India, a global leader in electrical and digital building infrastructure, has taken a step forward in its digital transformation journey by harnessing the power of Artificial Intelligence (AI), Machine Learning (ML), Intelligent Document Processing (IDP) , and workflow automation capabilities native to the Nividous platform .
  • To address the need for improvements, Legrand India partnered with Nividous to leverage its intelligent automation platform for seamless, end-to-end automation of the AP processes .
  • With Nividous' unified platform, which boasts native capabilities in low-code process automation, AI/ML, IDP, and RPA, we consistently delivered the desired outcomes.

Quik! Unveils FormXtract: AI-Driven OCR-as-a-Service Solution

Retrieved on: 
Monday, January 22, 2024

fully managing your forms by applying a standardized data field naming convention — supporting more than 1.2 million field names — to your forms.

Key Points: 
  • fully managing your forms by applying a standardized data field naming convention — supporting more than 1.2 million field names — to your forms.
  • Unlike traditional OCR (Optical Character Recognition) solutions, FormXtract relieves customers from having to manage field mapping changes as their forms evolve.
  • rewards its customers by enabling up to 99.9% accuracy on extracted data that is ready to use in the customer’s systems.
  • It provides clients with insightful contextual information about data processed, streamlining decision-making and unlocking firms’ full potential for growth and client service.