Everest Group Names Automation Anywhere a Leader in the Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2021

SAN JOSE, Calif., April 20, 2021 /PRNewswire/ — Automation Anywhere, a worldwide chief in Robotic Course of Automation (RPA), right this moment introduced that Everest Group, a number one analysis and consulting agency, has named it a Chief in Everest Group’s Clever Doc Processing (IDP) Merchandise PEAK Matrix® Evaluation 2021.

Automation Wherever has been acknowledged for IQ Bot, for a second consecutive yr. The world’s solely cloud-native IDP resolution makes use of the ability of RPA and synthetic intelligence (AI) to advance employee productiveness by robotically extracting knowledge from paperwork and e-mail.

IQ Bot is on the market by means of Automation 360TM, the corporate’s unified, cloud-native, AI-powered enterprise automation platform. Its greater than 100 pre-trained document-processing use instances present enterprise customers – from discipline employees, dwelling appraisers, insurance coverage adjusters to supply employees – with the flexibility to robotically course of advanced, multi-page paperwork in minutes.

IQ Bot is designed for the 80% of enterprise processes that right this moment rely closely on folks to find and manage unstructured knowledge earlier than the method may even start. Utilizing this award-winning expertise, processing paperwork resembling mortgage functions, insurance coverage claims, affected person kinds, invoices, buy orders, monetary statements and inter-bank settlements, permits customers to comprehend the compelling potential of clever automation.

“Automation Wherever’s IQ Bot product contains pre-trained out-of-the-box options for a wide variety of doc extraction use instances, whereas offering enterprises flexibility to customise the extraction workflows. Its intuitive person interface, built-in RPA and analytics capabilities, sturdy community of implementation companions, and product coaching and assist choices are differentiators that helped retain its Chief positioning on Everest Group’s PEAK Matrix® for IDP software program merchandise in 2021,” stated Anil Vijayan, Vice President, Everest Group.

Everest Group defines IDP as “any software program product or resolution that captures knowledge from paperwork (e.g., e-mail, textual content, PDF, and scanned paperwork), categorizes, and extracts related knowledge for additional processing utilizing AI applied sciences resembling laptop imaginative and prescient, OCR, Pure Language Processing (NLP), and machine/deep studying.” The IDP PEAK Matrix® assesses the measurement of affect in the marketplace in addition to the flexibility to ship merchandise efficiently.

“We’re thrilled to be named a pacesetter now for 2 consecutive years in Everest Group’s 2021 IDP PEAK Matrix that exemplifies the ability of IQ Bot,” stated Prince Kohli, Chief Expertise Officer, Automation Wherever. “By this expertise, we have nearly eradicated the guide processing of tons of of hundreds of enterprise paperwork, giving again huge time and price financial savings to organizations worldwide to spend on extra inventive, modern initiatives.”

Everest Group is a consulting and analysis agency centered on strategic IT, enterprise providers and engineering providers.  Everest Group’s PEAK Matrix® assessments present the evaluation and insights enterprises must make crucial choice choices about international providers suppliers, areas, and merchandise & options inside varied market segments.

To obtain a duplicate of a customized model of the report, go to: https://www.automationanywhere.com/lp/everest-intelligent-document-processing-matrix

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About Automation WhereverAutomation Wherever is a worldwide chief in Robotic Course of Automation (RPA), empowering clients to automate end-to-end enterprise processes with clever software program bots – AI-powered digital employees that carry out repetitive and guide duties, leading to dramatic productiveness features, optimized buyer expertise and extra engaged staff. The corporate presents the world’s solely cloud-native and web-based automation platform combining RPA, synthetic intelligence, machine studying and analytics, yielding considerably decrease TCO, increased safety, and sooner scalability than legacy monolithic platforms. Its Bot Retailer is the world’s first and largest market with greater than 1,200 pre-built, clever automation options. Automation Wherever has deployed over 2.eight million bots to assist a few of the world’s largest enterprises throughout all industries in additional than 90 international locations. For extra info, go to www.automationanywhere.com.

Automation Wherever, Automation 360, and IQ Bot are emblems/service marks or registered emblems/service marks of Automation Wherever, Inc. in the US and different international locations. Different product names are used for identification functions solely and could also be emblems of their respective house owners.

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