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ABBYY Ascend 2024

Unveiling the future of automation

Discover cutting-edge AI innovations and transformative strategies for business success
ABBYY Ascend 2024

Innovating AI, Simplifying Success

The inaugural event in our ABBYY Ascend series was a tremendous success. Attendees were introduced to our Purpose-built AI Center and experienced firsthand how our innovative solutions are revolutionizing intelligent automation.

With a focus on real outcomes, we showcased our latest advancements, including ABBYY's very own Phoenix model and its application in the auto-labeling capability, underscoring our commitment to providing practical AI tools that drive real business results. Throughout the event, we reinforced our dedication to simplifying complexity and empowering businesses of all sizes with accessible and user-friendly, yet robust and reliable, AI technology. Here’s a recap of the key capabilities and insights shared during this impactful gathering.

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ABBYY Ascend Innovating in AI

What we showcased

Purpose-built AI Center

We launched the ABBYY Purpose-built AI Center, the central place to learn more about all the amazing AI tools built by ABBYY to optimize and automate your business or build your next-generation application.

The most recent AI tool in the ABBYY AI toolbox is Phoenix 1.0, a multimodal model purpose-built and optimized by ABBYY specifically for document tasks. Where the power of Phoenix 1.0 will come to shine is the auto-labeling capability that is going to significantly accelerate the training of AI models for document extraction.

To provide a reliable approach to harnessing the power of GenAI, ABBYY also previewed the Secure LLM Gateway to third-party LLM providers such as OpenAI or Azure.

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Enterprise grade

We showcased ABBYY's newest enterprise-grade capabilities, reflecting 35 years of experience in making data accessible for business process automation.

We covered advanced e-invoice processing features that ensure compliance with evolving mandates, alongside new quality analytics for profound insights into document processing performance to enhance touchless processing rates.

Additionally, we announced ABBYY Process AI offering robust big data analysis, empowering businesses to manage complex transactional processes. These innovations are designed to help enterprises achieve operational excellence through streamlined, intelligent automation solutions.

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Purpose-built AI Center

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Enterprise grade

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Developer network

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New IDP and Process AI development tools

New data extraction processing profile and JSON export will further extend the capabilities of the FineReader AI SDK. ABBYY Timeline to soon offer a public API, allowing seamless integration with different data systems, breaking down data silos and ensuring process transparency and end-to-end analysis.

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Usability and compatibility

ABBYY enhances its IDP development toolkit by simplifying the API, introducing the latest .NET support and a Python wrapper, and making update management more straightforward. This empowers developers to achieve a faster time-to-market for their applications and solutions.

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