IDP

ABBYY Helps Nagarro Improve Customers’ Visibility and Reduce Invoice Processing Time by 60%

Retrieved on: 
Tuesday, April 9, 2024

ABBYY, a leader in purpose-built AI for intelligent automation, today announced that Nagarro improved its invoice processing lifecycle by deploying ABBYY Vantage into its global SAP unit’s Invoice Scanner for SAP S/4HANA®.

Key Points: 
  • ABBYY, a leader in purpose-built AI for intelligent automation, today announced that Nagarro improved its invoice processing lifecycle by deploying ABBYY Vantage into its global SAP unit’s Invoice Scanner for SAP S/4HANA®.
  • Nagarro is now able to provide customers more visibility into the amount of money saved using Invoice Scanner over manual methods while reducing invoice processing times by 60% and increasing accuracy.
  • ABBYY Vantage is an industry-leading intelligent document processing platform (IDP) that uses AI to automatically read and understand documents like humans and was a driving factor in enabling Nagarro to realize significant operational enhancements.
  • Faced with the challenges of manual invoice handling, Nagarro needed an intelligent automation solution that could process thousands of invoices annually for its global invoice processing management system spanning 36 countries.

UiPath Named a Leader for Second Consecutive Year in the Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024

Retrieved on: 
Monday, April 8, 2024

UiPath (NYSE: PATH), a leading enterprise automation and AI software company, today announced that it has been named a Leader in Intelligent Document Processing for the second consecutive year in the Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024.

Key Points: 
  • UiPath (NYSE: PATH), a leading enterprise automation and AI software company, today announced that it has been named a Leader in Intelligent Document Processing for the second consecutive year in the Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024.
  • The Everest Group IDP Peak Matrix also places the UiPath Business Automation Platform as the highest designated Leader in vision and capabilities, and for market impact.
  • In the report, UiPath is also the only company to be named a Leader in analyses for banking and insurance IDP products.
  • This Everest Group Intelligent Document Processing Products PEAK Matrix® Assessment is the yearly assessment providing analysis and insights on IDP technology providers and their products to assist enterprises in their selection processes.

U.S. DOE Selects Heidelberg Materials’ New Cement Plant in Mitchell, Indiana for Industrial Demonstrations Program Funding

Retrieved on: 
Monday, March 25, 2024

The purpose of this project is to advance the integration of full-scale carbon capture, transport, and storage at the new state-of-the-art cement plant in Mitchell, Indiana.

Key Points: 
  • The purpose of this project is to advance the integration of full-scale carbon capture, transport, and storage at the new state-of-the-art cement plant in Mitchell, Indiana.
  • The funding will build on prior funding that has been awarded by the DOE toward successfully completing the Front-End Engineering and Design (FEED) work necessary to verify the project’s technical feasibility.
  • The application was submitted in 2023, and Heidelberg Materials will participate in substantial cost share that will leverage up to $500M in DOE project funding.
  • “Thanks to President Biden’s industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States.

O-I Glass Selected by US Department of Energy to Receive $125 M Investment to Accelerate Industrial Decarbonization Technologies

Retrieved on: 
Monday, March 25, 2024

The proposed rebuilds plan to combine five cutting-edge furnace technologies on each furnace, marking the first time that all five technologies have been implemented simultaneously.

Key Points: 
  • The proposed rebuilds plan to combine five cutting-edge furnace technologies on each furnace, marking the first time that all five technologies have been implemented simultaneously.
  • These technologies reduce waste heat and increase electrification, making the furnaces more energy efficient and reducing both direct and indirect emissions.
  • The project provides O-I the opportunity to demonstrate the functionality of combining multiple technologies across different glass colors and container types.
  • Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material.

Technip Energies and LanzaTech Selected by the US Department of Energy to Receive $200M Investment for Breakthrough, Replicable Decarbonized Ethylene Commercial Facility

Retrieved on: 
Monday, March 25, 2024

This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.

Key Points: 
  • This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.
  • Arnaud Pieton, CEO at Technip Energies, stated: “We are extremely proud to have been selected by the DOE for this significant award consideration.
  • Thanks to President Biden’s industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States.
  • Globally, there are an estimated 370 ethylene steam crackers, over 40% of which use Technip Energies’ technology, including 8 in the US.

Constellium Ravenswood selected by US Department of Energy to receive $75 million investment to deploy low to zero carbon technology

Retrieved on: 
Monday, March 25, 2024

This investment will help fund the implementation of breakthrough low-to-no emissions technologies in Constellium’s Ravenswood facility, supporting the decarbonization of the casthouses, the plant’s most energy intensive operation.

Key Points: 
  • This investment will help fund the implementation of breakthrough low-to-no emissions technologies in Constellium’s Ravenswood facility, supporting the decarbonization of the casthouses, the plant’s most energy intensive operation.
  • This investment will support the installation of low-emissions SmartMelt furnaces that can operate using a range of fuels, including clean hydrogen, paving the way towards a zero carbon casthouse.
  • Built in 1957, with over 1,200 employees, Constellium’s plant in Ravenswood, West Virginia is one of the world’s largest aluminium rolled products facilities.
  • “We are honored and proud to have been selected for this investment and express our gratitude to the Department of Energy for their support of Constellium and the aluminium industry”, said Jean-Marc Germain, CEO of Constellium.

Century Aluminum Selected by U.S. Department of Energy to Receive $500 Million Investment to Build New Green Aluminum Smelter to Accelerate Industrial Decarbonization

Retrieved on: 
Monday, March 25, 2024

With the help of this funding, Century plans to build the first new U.S. primary aluminum smelter in 45 years.

Key Points: 
  • With the help of this funding, Century plans to build the first new U.S. primary aluminum smelter in 45 years.
  • Upon completion, the smelter would double the size of the current U.S. primary aluminum industry.
  • This historic investment represents a major capital injection for the U.S. primary aluminum industry.
  • “We are extremely proud that the DOE has selected Century’s Green Aluminum Smelter Project to receive such significant support, and we are excited to continue moving this transformational project forward,” remarked Century CEO, Jesse Gary.

Technip Energies and LanzaTech Selected by the US Department of Energy to Receive $200M Investment for Breakthrough, Replicable Decarbonized Ethylene Commercial Facility

Retrieved on: 
Monday, March 25, 2024

This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.

Key Points: 
  • This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.
  • Arnaud Pieton, CEO of Technip Energies, stated: “We are extremely proud to have been selected by the DOE for this significant award consideration.
  • Globally, there are an estimated 370 ethylene steam crackers, over 40% of which use Technip Energies’ technology, including 8 in the US.
  • Technip Energies and LanzaTech plan to approach community groups, unions, and labor groups to negotiate, review, and update agreements for quality jobs and community collaboration at the host site.

Solo.io Unveils Spotlight Developer Platform to Accelerate Cloud-Native Development in the Enterprise

Retrieved on: 
Tuesday, March 19, 2024

An enterprise-grade distribution based on the open source IDP, Backstage, Spotlight provides a comprehensive platform for developers to access services, software components, and tools throughout the software development lifecycle.

Key Points: 
  • An enterprise-grade distribution based on the open source IDP, Backstage, Spotlight provides a comprehensive platform for developers to access services, software components, and tools throughout the software development lifecycle.
  • According to Gartner, Inc. , 80% of large software engineering organizations will establish platform engineering teams as internal providers of reusable services, components and tools for applications.
  • This proliferation can be attributed in part to organizations recognizing the need for enhanced developer workflows, experience, and delivery speed.
  • With Solo.io’s Spotlight Developer Platform, we're streamlining that process and dramatically shortening the time to value in an effort to accelerate our customers’ journey toward engineering excellence.”
    With Spotlight Developer Platform, Solo.io addresses the complexity that comes with scaling development and operations in cloud-native environments.

JumpCloud Now Available on Google Cloud Marketplace

Retrieved on: 
Tuesday, March 12, 2024

LOUISVILLE, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- JumpCloud Inc. today announced its open directory platform is now available on Google Cloud Marketplace .

Key Points: 
  • LOUISVILLE, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- JumpCloud Inc. today announced its open directory platform is now available on Google Cloud Marketplace .
  • Customers and Google Cloud partners can quickly discover, purchase, and implement JumpCloud for seamless user access to Google Cloud resources and secure management of Google Workspace identities.
  • “Bringing JumpCloud to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the open directory platform on Google Cloud's trusted, global infrastructure," said Dai Vu, managing director, Marketplace & ISV GTM Programs at Google Cloud.
  • “Google Cloud Marketplace availability makes it even easier for organizations to move completely to the cloud, ridding themselves of on-premises Active Directory and device management infrastructure.