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Y Soft Expands NA Executive Team

MFP software specialist Y Soft recently announced that its sales volume increased by 13% in its fiscal 2019 to reach $47 million. Based in the Czech Republic, the vendor recently beefed up its North American team with the appointment of Stephanie Kennard as EVP of...

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Grant Thornton Leverages Ephesoft’s Versatility

For years, document capture technology has been fairly limited in its application. Initially, it was used for tax, insurance, and other types of “structured” forms that had the same layout every time. Then, in the early aughts, we came up with more flexible technology...

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ABBYY Announces Plans to Buy Process Intelligence ISV

ABBYY recently announced its intention to acquire TimelinePI, which develops a process intelligence platform. According to the ABBYY press release, “TimelinePI’s platform enables anyone to visualize, quantify and understand how processes behave by providing detailed...

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Ripcord Ups Ante with Non-Optical Imaging Technology

Ripcord is a company built on innovation. How else can you explain a well-funded ($75 million in venture investment) start-up entering the mature and rather staid market for document scanning services? When we met with them at AIIM, Ripcord executives discussed the...

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Is Amazon’s Textract a Game Changer?

In late November, at its AWS re:Invent conference, Amazon Web Services announced a number of new services based on machine learning. One of those was Amazon Textract, which some pundits are saying is going to kill the OCR industry. According to Amazon, Textract is a...

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