Topic: Process Intelligence
Do You Need Process Intelligence for Successful Digital Transformation Outcomes?
While 80% of the companies surveyed by McKinsey consider digital transformation a top corporate priority, nearly 70% fail to meet expectations. ABBYY Process Intelligence is designed to help organizations discover and measure how current processes work, identify process bottlenecks, and surface areas for process optimization based on four foundational pillars.
Why Process is Such a Big Problem
A recent survey commissioned by ABBYY asked decision makers across multiple industries – Financial Services, Insurance, Government, for example – how consistently they believed workers followed processes. As one would expect with any survey, results varied by industry, with Financial Services and Insurance scoring pretty high, but most surprising was the comparatively lower scores Government decision makers (leaders) gave their organizations.
ABBYY Helps Banks Overcome Process Challenges
The financial services industry is facing unprecedented pressures due to a perfect storm of the pandemic, technological disruption and customer expectations. As a result, the pressure on operating margins is high, loan deferrals are up, loss provisions are increasing and interest income is declining.
For Hyperautomation Success, Get hyper-focused on Process Knowledge
Are you looking to increase your investments in intelligent automation tools and technologies like robotic process automation (RPA) and machine learning for understanding content and achieving hyperautomation? If so, you’re not alone. Hyperautomation was deemed one of the top strategic technology trends for 2020 and quickly enthused organizations to achieve a higher level of automation.
7 Ways Process Intelligence Enhances the Supply Chain
As supply chains become more global and complex, processes are becoming increasingly challenging to monitor and optimize. Identifying the root cause of inefficiencies can prove difficult without having a comprehensive view of operational workflows.
5 AI Trends to Watch in 2020
Artificial Intelligence (AI) is embedded in our everyday lives. AI technologies have become so advanced that it’s not uncommon nowadays to be in contact with them without fully realizing it. In the enterprise, AI solutions such as Process Intelligence (IQ) have witnessed a staggering adoption rate and have significantly transformed how processes are monitored and managed across an organization.