ABBYY: Six Years as Everest Group’s Intelligent Document Processing Leader
ABBYY Recognized as a Leader in Everest Group’s Intelligent Document Processing Products PEAK Matrix® Assessment 2024 for Sixth Consecutive Year
ABBYY has been recognized for the sixth consecutive year as a Leader in Everest Group’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024. ABBYY is highlighted for its vision and capability with ABBYY Vantage, the industry’s only low-code/no-code IDP solution that integrates easily into any intelligent automation platform, and complimentary ABBYY Marketplace of AI skills that simplifies the utility of large language models (LLMs) and expedites the creation of trusted AI applications purpose-built for complex business scenarios.
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The IDP PEAK Matrix® assessed 26 technology providers and their products that leverage AI, cognitive capabilities, generative AI and are offered as a platform that allows enterprises to deploy out-of-the-box solutions using pre-built modules or as solutions that classify and extract data from documents.
According to Everest Group, Leaders continue to maintain a stronghold in the market and further penetrate major buyer segments and enable holistic automation by developing complementary technology capabilities either in-house or by partnership. Leaders also constantly invest in adding new IDP capabilities to stay at the forefront of innovation, including generative AI-based extraction and classification, and large language model (LLM)-powered context-understanding capabilities. Furthermore, Everest Group states leaders constantly invest in expanding their library of pre-built models and out-of-the-box packaged solutions for industry-specific use cases and document types.
Read the full evaluation of ABBYY’s Intelligent Document Processing capabilities by downloading Everest Group’s IDP PEAK Matrix® Assessment report at https://www.abbyy.com/resources/report/intelligent-document-processing-everest-group-2024/.
For more information about ABBYY Vantage and Marketplace, visit www.abbyy.com/marketplace.
About ABBYY
ABBYY puts your information to work with purpose-built AI. We combine innovation and experience to transform data from business-critical documents into intelligent actionable outcomes in over 200 languages in real time. We are trusted by more than 10,000 companies globally, including many of the Fortune 500, to drive significant impact where it matters most: accelerate the customer experience, operational excellence, and competitive advantage. ABBYY is a global company with headquarters in Milpitas, CA and offices in 12 countries, and is the Official Intelligent Automation Partner of Arsenal Women Football Club. For more information, visit www.abbyy.com/company/about-us/ and follow us on LinkedIn, Twitter, Facebook and Instagram.
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