ABBYY, a global leader in Content IQ technologies and solutions, today announced that it will participate at the AI Summit, London being held from 12th - 13th June 2019 at ExCeL Centre, London UK.
ABBYY is a platinum sponsor of the 2019 world's largest AI event for business, which gathers leading AI innovators from tech giants like Google, IBM Watson, Microsoft and Samsung. The AI Summit is part of the London Tech Week and is the world’s first and largest conference and exhibition to look at the practical implications of AI for enterprise organizations, where leading experts discuss the actual solutions that are transforming business productivity. It annually attracts over 20,000 attendees from around the world.
ABBYY will acquaint attendees with Content IQ, its best-of-breed AI technology, which equips new digital workforce in enterprises with the necessary skills and understanding for making intelligent business decisions. Along with leading strategists and world-renowned practitioners, Neil Murphy, Vice-President, Head of Global Business Development at ABBYY, will take the ‘Implement’ stage on June 12 at 17:00 to look beyond the AI hype and show what businesses can do to gain immediate returns from the technology.
The AI Summit London comes as a growing number of companies embrace AI to drive business processes, engage customers and increase revenues. According to Statista, global revenues from AI for enterprise applications is projected to grow from $1.6 billion in 2018 to 31.2 billion in 2025, at a CAGR of 52.6% over the seven-year period. Leading analyst firm, Gartner predicts the business value created by AI will reach $3.9T in 2022 while IDC forecasts worldwide spending on cognitive and Artificial Intelligence systems will reach $77.6B in 2022.
"The huge interest in 2019 AI Summit demonstrates that AI-powered process automation platform like Content IQ is starting to deliver high-valued efficiencies across enterprises and boost their bottomline," comments Neil Murphy, Vice-President, Head of Global Business Development at ABBYY. "We are proud to be Platinum sponsor of this year's event and we look forward to discussing how AI can help enterprises leverage business-critical content to drive smarter business decisions"
ABBYY’s Content IQ delivers cognitive skills that the new digital workforce can harness to turn unstructured content into structured, actionable information making digital workers smarter and processes run more efficient. It is designed for enterprise organizations, and can easily integrate with leading RPA, BPM, ECM, and other automation platforms. ABBYY Vantage, the next generation Content IQ platform for the enterprise, adds the ability to configure text recognition, machine learning, and artificial intelligence (AI) from within the RPA tools that are used to configure software robots.
ABBYY encourages AI Summit 2019 attendees to visit booth #AI518 to learn more from our leading experts about how Content IQ is helping AI deliver on its promise.
ABBYY is a global leader in Content IQ technologies and solutions. ABBYY offers a complete range of AI-based technologies and solutions transforming business documents and content into business value. By providing digital transformation solutions to financial services, insurance, transportation, healthcare, and other industries, the company helps organizations achieve the next wave of growth by understanding customers and delivering responsive real-time intelligent systems. The flexibility of ABBYY AI solutions enables customers to utilize a diverse range of advanced technologies, platforms and solutions for classification, text analytics, data and entity extraction, and data validation via any communication channel and in any format. ABBYY technologies are used and licensed by some of the largest international enterprises and government organizations, as well as SMBs and individuals. The company maintains offices in Australia, Cyprus, France, Germany, Japan, Russia, Spain, Taiwan, the UK, Ukraine, and the United States. For more information, please visit www.abbyy.com/company.