Intelligent document

Intelligent Document Processing Market Worth $11.6 Billion By 2030: Grand View Research, Inc.

Retrieved on: 
Monday, January 16, 2023

SAN FRANCISCO, Jan. 16, 2023 /PRNewswire/ -- The global intelligent document processing market size is anticipated to reach USD 11.6 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Jan. 16, 2023 /PRNewswire/ -- The global intelligent document processing market size is anticipated to reach USD 11.6 billion by 2030, according to a new report by Grand View Research, Inc.
  • The adoption of intelligent document processing solutions is likely to rise owing to the growing need to manage large amounts of data, requiring efficient document processing solutions.
  • The services intelligent document processing segment is likely to expand at the highest CAGR of 30.1% over the forecast period.
  • Grand View Research has segmented the intelligent document processing market based on component, technology, deployment, organization size, end-use, and region:
    Intelligent Document Processing Market - Component Outlook (Revenue, USD Million, 2017 - 2030)
    Intelligent Document Processing Market - Technology Outlook (Revenue, USD Million, 2017 - 2030)

Intelligent Document Processing Market Worth $11.6 Billion By 2030: Grand View Research, Inc.

Retrieved on: 
Monday, January 16, 2023

SAN FRANCISCO, Jan. 16, 2023 /PRNewswire/ -- The global intelligent document processing market size is anticipated to reach USD 11.6 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Jan. 16, 2023 /PRNewswire/ -- The global intelligent document processing market size is anticipated to reach USD 11.6 billion by 2030, according to a new report by Grand View Research, Inc.
  • The adoption of intelligent document processing solutions is likely to rise owing to the growing need to manage large amounts of data, requiring efficient document processing solutions.
  • The services intelligent document processing segment is likely to expand at the highest CAGR of 30.1% over the forecast period.
  • Grand View Research has segmented the intelligent document processing market based on component, technology, deployment, organization size, end-use, and region:
    Intelligent Document Processing Market - Component Outlook (Revenue, USD Million, 2017 - 2030)
    Intelligent Document Processing Market - Technology Outlook (Revenue, USD Million, 2017 - 2030)

ServiceNow Named a Leader in the 2023 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms for Third Consecutive Year

Retrieved on: 
Tuesday, January 17, 2023

ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, has been named a Leader in the 2023 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms.

Key Points: 
  • ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, has been named a Leader in the 2023 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms.
  • This is the third consecutive year that ServiceNow has been positioned as a Leader for its low-code platform.
  • The offerings on the Now Platform, including App Engine Studio, can turn anyone into an app developer with guidance-driven development flows and easy-to-adapt templates.
  • 1 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms, Paul Vincent, Oleksander Mativskyy, Mike West, Adrian Leow Kimihiko Iijima, January 11, 2023.

German Firms Keep Up Automation Drive After Pandemic

Retrieved on: 
Monday, January 16, 2023

The 2022 ISG Provider Lens™ Intelligent Automation — Platforms and Products report for Germany finds the growth of remote work and personalized, online customer engagement during the pandemic revealed the need for country-wide digital transformation in Germany.

Key Points: 
  • The 2022 ISG Provider Lens™ Intelligent Automation — Platforms and Products report for Germany finds the growth of remote work and personalized, online customer engagement during the pandemic revealed the need for country-wide digital transformation in Germany.
  • “Enterprises in Germany are recognizing that, in many respects, they need to modernize the way they do business,” said Chip Wagner, CEO of ISG Automation.
  • These transformations can enable better customer and employee experiences and deeper insights for improved operations.
  • The report also explores other automation platform trends affecting the German market, including the growing use of no-code and low-code development workbenches and the emerging demand for automation to achieve sustainability goals.

Companies in Brazil Move Toward End-to-End Automation

Retrieved on: 
Monday, January 9, 2023

The 2022 ISG Provider Lens™ Intelligent Automation — Platforms and Products report for Brazil finds that traditional organizations, motivated partly by competition from new, highly automated startups, are beginning to explore intelligent automation as part of accelerated digital transformations.

Key Points: 
  • The 2022 ISG Provider Lens™ Intelligent Automation — Platforms and Products report for Brazil finds that traditional organizations, motivated partly by competition from new, highly automated startups, are beginning to explore intelligent automation as part of accelerated digital transformations.
  • However, most are still focused on finding suitable use cases for automation.
  • “Brazilian companies have many opportunities to automate business processes for greater efficiency and flexibility,” said Chip Wagner, CEO of ISG Automation.
  • In addition, AWS, Automation Anywhere and SAP Signavio are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

Nordic Companies Warm to Automation as Platforms Evolve

Retrieved on: 
Thursday, December 8, 2022

The 2022 ISG Provider Lens Intelligent Automation Platforms and Products report for the Nordics finds that the recent surge in adoption has been triggered by several converging factors.

Key Points: 
  • The 2022 ISG Provider Lens Intelligent Automation Platforms and Products report for the Nordics finds that the recent surge in adoption has been triggered by several converging factors.
  • Intelligent automation is meeting emerging needs at companies in the Nordics, especially large enterprises, said Chip Wagner, CEO, ISG Automation.
  • Intelligent automation is based on three core platforms that have grown far more capable in recent years, the report says.
  • The 2022 ISG Provider Lens Intelligent Automation Platforms and Products report for the Nordics evaluates the capabilities of 50 providers across three quadrants: Conversational AI Platforms, Intelligent Document Processing, and Process Discovery and Mining.

Parashift positioned as the Leader in the 2022 SPARK Matrix for Intelligent Document Processing by Quadrant Knowledge Solutions

Retrieved on: 
Thursday, December 15, 2022

The Quadrant Knowledge Solutions SPARK Matrix provides competitive analysis & ranking of the leading Intelligent Document Processing vendors.

Key Points: 
  • The Quadrant Knowledge Solutions SPARK Matrix provides competitive analysis & ranking of the leading Intelligent Document Processing vendors.
  • MIDDLETON, Mass., Dec. 15, 2022 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named Parashift as a 2022 technology leader in the SPARK Matrix analysis of the global Intelligent Document Processing market.
  • The Quadrant Knowledge Solutions SPARK Matrix includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.
  • At Quadrant Knowledge Solutions, our vision is to become an integral part of our client's business as a strategic knowledge partner.

Parashift positioned as the Leader in the 2022 SPARK Matrix for Intelligent Document Processing by Quadrant Knowledge Solutions

Retrieved on: 
Thursday, December 15, 2022

The Quadrant Knowledge Solutions SPARK Matrix provides competitive analysis & ranking of the leading Intelligent Document Processing vendors.

Key Points: 
  • The Quadrant Knowledge Solutions SPARK Matrix provides competitive analysis & ranking of the leading Intelligent Document Processing vendors.
  • MIDDLETON, Mass., Dec. 15, 2022 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named Parashift as a 2022 technology leader in the SPARK Matrix analysis of the global Intelligent Document Processing market.
  • The Quadrant Knowledge Solutions SPARK Matrix includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.
  • At Quadrant Knowledge Solutions, our vision is to become an integral part of our client's business as a strategic knowledge partner.

U.K. Economic Crunch Drives Interest in Modern Automation

Retrieved on: 
Wednesday, December 7, 2022

Intelligent automation is becoming pervasive and having an impact on the lives of consumers, citizens and businesses in the U.K., said Chip Wagner, CEO, ISG Automation.

Key Points: 
  • Intelligent automation is becoming pervasive and having an impact on the lives of consumers, citizens and businesses in the U.K., said Chip Wagner, CEO, ISG Automation.
  • New, integrated platforms that use a combination of technologies are delivering on the promise of automation.
  • At the same time, the national government is strongly committed to investing in emerging technologies, especially through encouraging more use of intelligent automation in the public sector.
  • Recent advances have increased the power of core intelligent automation platforms, especially when those platforms are used in combination, the report says.

Rossum Drives Adoption of Intelligent Document Processing with Manufacturing and Industrial Clients

Retrieved on: 
Wednesday, December 14, 2022

LONDON and PRAGUE, Dec. 14, 2022 /PRNewswire/ -- Rossum, the pioneer in cloud-native Intelligent Document Processing (IDP), announced increased customer traction with key companies in the manufacturing and industrial sectors including BUS Industrial Tools, Michlin Metals and EvoLogics GmbH. Rossum's software helps transform manufacturing and supply chain operations by automating document processing to dramatically streamline operations.

Key Points: 
  • LONDON and PRAGUE, Dec. 14, 2022 /PRNewswire/ -- Rossum , the pioneer in cloud-native Intelligent Document Processing (IDP), announced increased customer traction with key companies in the manufacturing and industrial sectors including BUS Industrial Tools , Michlin Metals and EvoLogics GmbH .
  • Ongoing pressures to optimize operations by focusing on cost, quality, and delivery of goods is a constant concern for manufacturing and industrial supply chain companies.
  • From planning, sourcing raw materials, manufacturing, delivery, and returns, the automation of document processing helps avoid downsides such as supply chain bottlenecks and limited inventory.
  • Rossum is a market leading Intelligent Document Processing (IDP) solution combining the industry's most advanced data extraction capabilities with a complete low-code platform that automates significant amounts of manual work across a company's document processing workflow.