Report
7th Year in a Row: ABBYY Positioned a Leader in Everest Group’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2025
We’re proud to be continually recognized as a Leader in Everest Group’s Intelligent Document Processing (IDP) and Banking and Financial Services (BFS)-specific IDP Products PEAK Matrix® Assessment.
The 2025 assessment highlights the capability of ABBYY IDP solutions to “integrate and optimize multiple AI models, ensuring efficient outcomes while minimizing resource use at each stage of the document processing pipeline,” specifically recognizing the ability to integrate quality analytics and business process reporting capabilities with PowerBI and/or ABBYY Timeline to improve understanding of document process performance.
Everest Group’s comprehensive IDP PEAK Matrix® Assessment 2025 evaluates the market impact, vision, and capabilities of IDP technology providers, identifying industry leaders that demonstrate excellence in innovation, strategy, and implementation.
Our latest assessment acknowledges the ABBYY platform’s use of generative AI to enhance software learning and training, such as the multi-modal Phoenix 1.0 model’s combination of advances image and text analysis and zero-shot key-value pair extraction capabilities.
Additionally, ABBYY is among the top technology providers by IDP software revenue across major industry-specific business processes for healthcare, banking, government sector and insurance, supported by its online marketplace, Skills Catalog, and 150+ pre-packaged OOTB solutions for use cases across industries and business functions.
Vaibhav Bansal, Vice President, Everest Group