Topic: Intelligent Capture
5 AI Trends to Keep an Eye On in 2019
Artificial intelligence is trending high everywhere and more and more companies are joining the bandwagon. Banking on this trend, Tatiana Danielyan, ABBYY's Deputy Director of R&D identifies 5 trends that show how artificial intelligence will help to power enterprise digital transformation journey in 2019. Trend #1. The scramble for datasets to teach algorithms for specific sectoral tasks will intensify.
The Tension between GDPR and Blockchain
A potentially problematic challenge for industry and legislators is the apparent tension between privacy rights and the rapid adoption of blockchain-based applications which are expected to reach $10.6 billion in revenue by 2023. There is a school of thought that blockchain is antithetical to and incompatible with safeguarding privacy rights.
The End of Routine Tasks
Capture and recognition technologies are becoming all pervasive and ubiquitous as private and governmental organizations worldwide move gradually towards a paperless workplace. This progression began with optical character recognition, or OCR, which is a technology that enables you to convert scanned images of text to electronic text so that the digitized data can be stored, searched, indexed and retrieved.
Looking Back on 2018. So where has the year gone?
2018 has been a truly transformative year for all of us courtesy of those innovative changes in our product lines and the enthusiasm of our experts to share their experiences with you through ABBYY Blog. At a time like this, we all relax, slow down, and reflect on the outgoing year.
Smarter Robots Handle the Unstructured Content
With enterprise adoption of robotic process automation (RPA) set for hyper-growth, providing the technology with human-like capabilities to handle unstructured content remains a key challenge. In this piece, ABBYY's Bill Galusha looks at how Blue Prism is making its robots smarter with the use of intelligent capture technologies.
Strengthening Privacy Rights with Privacy Enhancing Technologies
More rigorous privacy regulations such as the EU GDPR and a number of US privacy initiatives such as the recently ratified California Consumer Privacy Act impose higher standards on data controllers and processors to safeguard privacy rights – including data subject consent management, accommodating data subject requests, data portability and more onerous data controller and processor accountability standards.
Contract Analytics Use Cases: Uncover Unrealized Revenues
There are measurable direct and indirect benefits associated with the application of contract analytics to financial processes such as procure to pay and order to cash. There are specific areas where finance organizations stand to achieve cost efficiencies and realize incremental profits. Invariably, contracts include price, volume and discount terms.
The Power of Content Intelligence to Transform Contracts into Actionable Intelligence
Now that we have covered the value of contract analytics, and before we get into the specific use cases, it might be useful to take a closer look at the capabilities needed to leverage the power of content intelligence. First, as table stakes for this game, is powerful recognition capabilities.
Content Analytics Challenges for Managing Contracts
In this blog series our guest contributor Michael Simon will share his perspectives on the challenges faced by organizations in surfacing business critical entities, attributes and terms within contracts as well suggest solutions that will streamline your obligations analysis and portfolio risk management processes. Contracts are the engine of a business. They contain critical business intelligence needed to run the enterprise.