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ABBYY Announces Plans to Buy Process Intelligence ISV

by DIReditor | Aug 5, 2019

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...

Ripcord Ups Ante with Non-Optical Imaging Technology

by DIReditor | Jun 18, 2019

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...

Is Amazon’s Textract a Game Changer?

by DIReditor | Feb 28, 2019

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...

Acquisition of Nuance Widens Kofax’s Capture Footprint

by DIReditor | Dec 14, 2018

Kofax CEO Reynolds Bish has overseen several acquisitions in his time, but this is the biggest one to date. In November, it was announced that Kofax, a $375 million leader in the document capture and information automation space, has entered into an agreement to...

Blockchain Part of Sphereon’s Content Services Suite

by DIReditor | Aug 23, 2018

For a few years now, Harvey Spencer Associates has been promoting blockchain as a natural extension of capture technology. The Harvard Business Review describes blockchain as “an open, distributed ledger that can record transactions between two parties efficiently and...