ABBYY Named Among 2022 Top 50 Companies Empowering Intelligent Knowledge Management by KMWorld
July 26, 2022
We’re proud to announce ABBYY is named in this year’s KMWorld AI 50 2022: The Companies Empowering Intelligent Knowledge Management.
The 2022 list curated by KMWorld spotlights forward-thinking organizations striving to improve services, enhance customer experience, reduce costs, decrease risk, and respond faster to opportunities and threats with standout offerings using artificial intelligence (AI) and automation for innovative knowledge management. Here are a few ways we are leveraging AI to empower organizations.
Work smarter with intelligent automation
ABBYY uses AI-based technologies to read, understand, and process documents in a human-like manner. Agility is paramount to success, and using intelligent process automation technologies like intelligent document processing can increase employee productivity by 400%.
ABBYY intelligent document processing (IDP) solves the challenge many businesses face when process-critical data is locked within documents. Think emails, PDFs, forms, chatbots, etc. By applying machine learning (ML) and natural language processing (NLP) capabilities, ABBYY IDP provides time-saving, error-reducing results. Our hyper-focus on innovation has stood out among global analyst firms, with five naming ABBYY as a Leader in intelligent document processing, including Everest Group and ISG.
Take process improvement to the next level
The drive to automate is not new, and using the latest AI, ABBYY enables enterprises to use real-world data from their own operations to identify and prioritize processes most likely to benefit from automation.
ABBYY's process and task mining platform, Timeline, delivers insights into how people are completing tasks within a process, connecting data from multiple systems to diagnose and fix process challenges. Organizations are saving millions in process improvement and can answer critical business questions such as:
- What would your organization look like at its best?
- What does good look like, and if all teams were cross-functional and aligned, what would that look like?
- What process outliers may be costing you more than expected or are introducing operational risk?
Watch our webinar with RSM to see how ABBYY Timeline is leveraged for meeting performance benchmarks and risk management.
Continuous innovation driven by customers’ desired outcomes
ABBYY has developed proprietary technologies for decades and, this year alone, we’ve increased Research and Development (R&D) innovation by 40% to develop new intelligent automation solutions. By combining the unique capabilities of ABBYY Timeline and ABBYY IDP, organizations can tap into the full power of AI to yield greater efficiency, lower risk of errors, streamline customer experiences, and improve employee satisfaction.
We are honored KMWorld put the spotlight on ABBYY and congratulate all the companies listed as we innovate for the future of work. See the KMWorld AI 50 list here.
KMWorld is the leading information provider serving the Knowledge Management systems market and covers the latest in Content, Document and Knowledge Management, informing more than 21,000 subscribers about the components and processes—and subsequent success stories—that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc.