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ABBYY Articles

Displaying 1 - 14 of 14
9th June 2021
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.

Alternative Energy
3rd June 2021
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.

12th May 2021
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.

3rd February 2021
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...

2nd December 2020
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.

Artificial Intelligence
10th June 2020
ABBYY initiative for trustworthy artificial intelligence

ABBYY has launched a global initiative to promote the development of trustworthy artificial intelligence (AI) technology.

21st April 2020
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.

5th August 2019
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...

Artificial Intelligence
13th June 2019
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...

25th April 2019
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.

3rd April 2019
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 ...

Artificial Intelligence
21st December 2018
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.”

Artificial Intelligence
20th November 2018
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.

20th September 2018
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...

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