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...