Managers burdened 2.5x more by digital transformation than C-level
Four out of five C-level executives globally (82%) are confident their business is well-prepared digitally, but only 58% of managers agree, according to new global research from Digital Intelligence company, ABBYY.
Tech companies shaping sustainability for World Environment Day
ABBYY has announced a commitment to plant thousands of trees a year to support its environmental policy and meet new goals in line with its Corporate Social Responsibility (CSR) strategy. The initiative corresponds with the company’s ability to help organisations go paperless and improve processes through digital transformation.
ABBYY completes investment from Marlin Equity Partners
ABBYY has announced it has completed a significant investment by Marlin Equity Partners, a global technology-focused investment firm. As a result of this investment, Marlin will become ABBYY’s largest shareholder and be a strategic growth partner for the company’s continued market expansion.
Older executives coping with WFH better than millennial leaders
Surprisingly, senior executives aged 55+ have fared better than millennial leaders (aged under 35) during the global pandemic. ABBYY’s COVID-19 Technology and Business Process Report found that since the pandemic, executives of all ages have experienced huge challenges - in the UK alone, 81% of senior decision-makers struggled, particularly with collaborating with colleagues remotely (37%), motivation to work (29%) and productivit...
UK employees waste 40 working days a year on tasks robots could do
UK employees believe they are wasting more than 40 working days a year each on routine tasks that could be done by technology, such as digital workers, according to new research from ABBYY, investigating the impact of COVID-19 and automation technologies on office workers in the UK, US, France and Germany.
ABBYY initiative for trustworthy artificial intelligence
ABBYY has launched a global initiative to promote the development of trustworthy artificial intelligence (AI) technology.
ABBYY appoints Robert Youngjohns as Chairman of the Board
ABBYY has appointed industry veteran Robert Youngjohns as Chairman of the Board. In this position Robert will work with the CEO and executive management team to shape ABBYY’s global enterprise growth strategy and execution.
Acquisition to strengthen role in digital transformation
ABBYY has announced it has completed the acquisition of TimelinePI, a Philadelphia, Pennsylvania-based developer of a comprehensive process intelligence platform designed to empower users to understand, monitor and optimise any business process. The acquisition of TimelinePI represents a significant milestone in establishing ABBYY’s leadership role in the digital transformation market, as well as a global player in the e...
UK businesses invest £3m in AI but struggle with lack of strategy
UK companies are currently spending an average of £3.1m per company on AI technologies, with large businesses investing over £6.5m, new research from content IQ provider ABBYY has found. The UK’s investment in automation projects averages at £1.2m per company, but more than two-thirds (67%) aren’t educating staff well enough on how to use it and 1 in 6 said their business had no strategy in place or that th...
Mobile capture SDK to transform customer experience
ABBYY has introduced ABBYY Mobile Capture, a software development kit (SDK) to enable end-to-end point-and-capture mobile experience where the user data is instantly captured via the camera to be used within an app or extracted and sent to back-end processes for self-service scenarios. The AI-enabled SDK frees the mobile user from manual data entry, which improves customer growth and retention for the business.
Platform delivering human-like skills to digital workforce launched
ABBYY, a global leader in Content IQ technologies and solutions has launched Vantage, the first enterprise platform to provide human-like cognitive skills to intelligent automation platforms such as robotic process automation (RPA) and business process automation (BPA). The new platform can be leveraged by enterprise companies in financial services and insurance, transportation and logistics, manufacturing, and other verticals. Several ...
2019 predictions on AI and automation
In 2019, AI will move out of the boardroom and into the enterprise. Neil Murphy, Global VP at ABBYY, has offered his thoughts on the future of AI and automation in 2019: “2019 will see AI move from a top-level discussion to start impacting on day to day work in businesses of all shapes and sizes. But this requires one thing of businesses: incorporating their AI and data strategies.”
AI-powered capture platform updated with enhanced performance
Global provider of content intelligence solutions and services, ABBYY, has announced the launch of ABBYY FlexiCapture 12 Release 2. The updated enterprise capture platform offers dramatically improved performance and higher processing speeds, continuous improvement through deeply integrated machine learning, and a brand new native cloud delivery channel.
Clear generation divide as millennials avoid human interaction
Employees plan to delegate tasks that they are not that confident with robots completing, and this has sparked research to show that millennials plan to use robots to avoid human interaction at work, commissioned by ABBYY. The research, of 1,200 employees in the UK, found that 17% of 18-34 year olds hate speaking to customers, yet only 4% of over 55s felt the same. What’s more, 1 in 10 (10%) of 18-34 year olds would delegate speak...