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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...
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...
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...
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...
Acquisition of Nuance Widens Kofax’s Capture Footprint
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...
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