Automation Anywhere’s AI-based, IDP platform recognized for automating enterprise workflow and advancing productivity
Automation Anywhere, a global leader in Robotic Process Automation (RPA), today announced that Everest Group, a leading research and consulting firm, has named it a Leader in Everest Group’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2022.
Automation Anywhere has been recognized for Document Automation, for a third consecutive year. The leading cloud-native IDP solution combines the power of RPA with AI technologies such as Computer Vision, Natural Language Processing (NLP), fuzzy logic, and machine learning (ML) to advance worker productivity by automatically extracting data from complex documents in a wide variety of formats.
IQ Bot is available through Automation 360TM, the company’s unified, cloud-native, AI-powered enterprise automation platform. This IDP platform provides end-to-end intelligent data extraction, integrating with RPA seamlessly to build software bots and automate an organization’s entire business workflow. IQ Bot is designed for the 80% of business processes that today rely heavily on people to locate and organize unstructured data before the process can even begin.
“Automation Anywhere is a Leader on Everest Intelligent Document Processing (IDP) PEAK Matrix® Assessment 2022. Its IDP product, IQBot, offers a large repository of pre-trained models for common document processing use cases. Its investments in improving core extraction capabilities, along with the wide network of implementation partners, flexible hosting options, intuitive user interface, and complementary capabilities in RPA, task mining, and orchestration, have contributed positively to its success,” said Ashwin Gopakumar, Practice Director, Everest Group.
Everest Group defines IDP as “any software product or solution that captures data from documents (e.g., email, text, PDF, and scanned documents), categorizes, and extracts relevant data for further processing using AI technologies such as computer vision, OCR, NLP, and machine/deep learning.” The IDP PEAK Matrix® assesses the measurement of impact on the market as well as the ability to deliver products successfully.
“Using this award-winning technology, processing documents such as mortgage applications, insurance claims, patient forms, invoices and financial statements and integrating them into the rest of the enterprise workflow via intelligent automation, allows companies to give time back to employees, and realize new business advantages,” said Prince Kohli, Chief Technology Officer, Automation Anywhere. “We are thrilled to be named a leader for three consecutive years in Everest Group’s 2022 IDP PEAK Matrix that recognizes the power of our IQ Bot platform.”
Everest Group is a research firm focused on strategic IT, business services and engineering services. Everest Group’s PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products & solutions within various market segments.
Automation Anywhere, Automation 360 and IQ Bot are trademarks/service marks or registered trademarks/service marks of Automation Anywhere, Inc. in the United States and other countries.