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ABBYY Expands Global Access to Its AI-enabling Technologies During Q4 2018

February 11, 2019

Strategic Partnerships and Executive Appointments Position the Company for Accelerated Market Penetration of its Content IQ Solutions

During fourth quarter of 2018, ABBYY content IQ solutions and services became more widely and readily available from new strategic partners and robotic process automation (RPA) vendors’ digital marketplaces. ABBYY’s momentum in forming new partnerships and gaining more enterprise customers is attributed to organizations’ increasing deployment of RPA technologies, and the need to make the software robots smarter. Additionally, new executives were appointed to drive continued global expansion of the company’s AI-enabling technologies, and ABBYY senior executives spoke at major tech conferences about the opportunities for integrating AI capabilities into the enterprise.

“ABBYY has remained focused on two important fronts – developing the most innovative technologies and solutions using machine learning, natural language processing and intelligent capture, and delivering business value to our customers and partners,” commented Ulf Persson, Chief Executive Officer at ABBYY. “The relationships we’ve built is a testament to our dedication and aspiration to remain a global leader in delivering content IQ solutions that enable organizations to digitally operate better and deliver a better experience to their customers.”

This digest contains a few highlights of Q4 2018.

Product News

ABBYY FineReader Engine a KMWorld Trend-Setting Product of 2018

ABBYY FineReader Engine OCR software development kit (SDK) was selected as a KMWorld Trend-Setting Product of 2018 . It allows businesses to integrate text recognition, PDF conversion and data capture functionalities into software applications.

ABBYY FlexiCapture Earns Editor’s Choice Award from CardRates.com

For developing automated document capture solutions that help banks accelerate mobile onboarding and processing, ABBYY earned CardRates.com Editor’s Choice Award for banking and financial software automation solutions.

ABBYY Expands FineReader 14 Capabilities to Support More PDF Standards

October 30, ABBYY FineReader 14 was updated with support for the latest PDF ISO standards and improved functionality to create PDF/US documents. Along with improved optical character recognition (OCR) for Japanese and added Hanja symbols for documents in Korean, FineReader 14 is a more powerful PDF productivity tool for global organizations needing to offer digital information easily accessible to the public.

ABBYY Recognition Server Rebrands as ABBYY FineReader Server and Gets a Major Update

November 30, ABBYY rebranded its most powerful server-based optical character recognition service from ABBYY Recognition Server to ABBYY FineReader Server . The rebrand further consolidateed all ABBYY OCR and PDF conversion offerings under the FineReader brand to make it easier for customers and partners to find a suitable solution from the company’s comprehensive product portfolio. Additionally, ABBYY FineReader Server 14 received major performance and functionality updates .

Partnership News

ABBYY Technology Summit Recognized Top Seven Digital Transformations Using Intelligent Capture

At its sixth annual ABBYY Technology Summit held October 11-13, seven developer partners, value-added resellers and customers were awarded for their leadership, innovation and market influence using intelligent capture. The ABBYY Technology Summit highlighted trends in content intelligence and RPA to drive business value , and featured keynote speakers from HSA, Inc., Everest Group, PwC and Dell.

Ashling Partners Joins ABBYY Elite Partner Program to Maximize Robotic Process Automation Solutions with Content IQ Technologies

Ashling Partners is the latest Elite member of the ABBYY Partner Program , and will use ABBYY technologies within its RPA services. The companies currently have several mutual clients benefitting from combined solutions.

ABBYY Intelligent Capture Connector is Now Available on the UiPath Go! RPA Marketplace

Beginning in November, the ABBYY FlexiCapture Connector is now available for the UiPath RPA platform via the newly launched UiPath Go! marketplace. This enables RPA developers, line-of-business users and partners to instantly have the power of ABBYY’s enterprise-level intelligent capture integrated directly within a UiPath robotic process flow. ABBYY was also recognized by UiPath as the Best Technology Partner at the #UiPathForward Americans partner event.

ABBYY Partners with Blue Prism to Jointly Offer Transformative Automation Capabilities

Further expanding its access among RPA technology vendors, ABBYY is jointly offering its content intelligence solutions in the Blue Prism Digital Exchange , a robust intelligent automation app store for accessing and downloading pre-built AI, cognitive and disruptive technologies. Partners and customers can find ABBYY’s intelligent capture software solutions on the Blue Prism Digital Exchange and learn how to integrate ABBYY with Blue Prism to transform unstructured data into structured information for any business processes and add more intelligence to RPA projects.

Executive News

ABBYY Brings Susanne Richter-Wills to Lead the DACH Region

In November,ABBYY Europe hired Susanne Richter-Wills as its new sales manager for its enterprise business in Germany, Austria and Switzerland. She is responsible for driving new business with tier-1 enterprise accounts.

ABBYY Selects Rusty James to Lead Partner Growth throughout North America

In December, Rusty James joined ABBYY as the new Head of Partner Business for North America . He will be driving the development and execution of channel partnerships among value-added resellers, system integrators and independent software vendors to expand the use of ABBYY solutions throughout Canada, Mexico and the US.

Industry Events

Annual Conference of the Association of Corporate Counsel, October 21-24 in Austin, TX

ABBYY showed the power of Text Analytics for Contracts at the Annual Conference for the Association of Corporate Counsel , the world’s largest conference for in-house corporate counsel. ABBYY addressed legal professionals’ need to leverage AI in contracts and leases to speed risk mitigation, obligation analysis and content migration.

Web Summit 2018, November 5-8 in Lisbon, Portugal

ABBYY executives led sessions on customer experience and content intelligence during Web Summit 2018 , one of the most influential technology conferences in the world. The event is exclusively tailored to founders and CEOs of technology companies, fast-growing startups, policymakers and heads of state to discuss new and emerging technology. David Yang, ABBYY founder, led the panel, “Customer Experience: a SaaS company’s most important battleground,” and Bruce Orcutt, Senior Vice President of Product Marketing at ABBYY, held a roundtable discussing the use of robots to handle paperwork and other menial tasks.

IOFM APP2P Fall Conference, November 12-14 in Las Vegas

ABBYY attended the IOFM APP2P Fall Conference, the largest event dedicated to accounts payable and procure-to-pay practitioners. ABBYY showcased how FlexiCapture solutions speed up the invoice and accounts payable processes.

AI Summit New York, December 5-6 in New York

ABBYY’s Chief Innovation Officer, Anthony Macciola, spoke to a standing room only crowd during AI Summit New York discussing AI beyond the hype in a presentation titled, “Making Enterprise AI Robots Smarter with Content Intelligence .” ABBYY also demonstrated its content IQ solutions that digitize structured and unstructured data into information that can be used by AI-enabling technologies to deliver business value.

New Research Studies and Analyst Reports

IntellyX, an industry analysis and advisory firm focused on agile digital transformation, penned its perspective on ABBYY: An OCR Pioneer Transforms for the Digital Era While Helping Its Customers Do the Same .

New White Papers, Webinars and Case Studies

Levvel Research explores strategic accounts payable automation solutions for innovative companies in the white paper, Building a Foundation for Digital Transformation in Accounts Payable .

AIIM webinar features ABBYY,Content Intelligence – 5 Uses Cases on the Frontier of Machine Learning.

Trending on ABBYY Blog

Extracting Context from Content: A Brief Primer on Content Intelligence

The rise of content IQ technology is conditioned by the need to distill value from enterprise data and help them gain greater insight into the real needs of their customers. This blog explains what it is.

A Five-Part Series on Content Analytics:

Content Analytics Challenges for Managing Contracts

The Power of Content Intelligence to Transform Contracts into Actionable Intelligence

Contract Analytics Use Cases: Uncover Unrealized Revenues

So, What Should We Do With Contract Analytics?

The Impact of AI on the Legal Profession

Upcoming Events

MWC Barcelona 2019 Feb. 25-28, 2019, Barcelona, Spain

ABBYY will be among the tech industry’s innovators and influencers gathering at MWC Barcelona 2019 to explore how intelligent connectivity will shape the future of our digital experiences. The company is participating in the “Transformative AI Topic tour” which features exhibitors leveraging various types of AI. Additionally, the flagship scanner app, FineScanner, was shortlisted in the Most Innovative Mobile App category. Visit ABBYY in the NEXTech Hall 8.0, stand 8.0J25, to discover how ABBYY can support your mobile strategy and help you create a unique customer experience.

ABA Techshow Feb. 27 – Mar. 2, 2019, Chicago, IL

ABA Techshow is where lawyers, legal professionals and technology all come together. ABBYY will demonstrate how AI-enabling technologies can be used today in the legal field.

To stay on top of the latest content IQ products, solutions, and resources from ABBYY, subscribe to receive the ABBYY Corporate News Digest by emailing [email protected] .

About ABBYY

ABBYY is a global leader in content intelligence solutions and services. 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, Canada, Cyprus, France, Germany, Japan, Spain, Taiwan, UAE, the UK, Ukraine, and the United States. For more information, please visit www.abbyy.com/company .

ABBYY and the ABBYY Logo are either registered trademarks or trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.

ABBYY Editorial Contact:

Gina Ray, APR

+1 949-370-0941

[email protected]

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