ABBYY and Novelis expand partnership for IA efforts in US

IT solutions and services provider Novelis leveraged ABBYY’s portfolio of intelligent automation (IA) solutions to enhance document efficiency and strategic process visibility for several of its European customers. With the expansion of their partnership, ABBYY and Novelis are now looking to bring the success Novelis has achieved in supporting its customers’ intelligent automation initiatives in Europe to the United States.

ABBYY, a leading provider of intelligent process automation solutions, announced March 5 that it has expanded its partnership with IT solutions and services provider Novelis. According to Novelis, ABBYY’s purpose-driven approach to AI and IDP forms the basis of their automation strategies, which they now plan to leverage with this expanded partnership to drive success in the US.

In addition to deploying ABBYY Process Intelligence, Novelis also leveraged ABBYY’s Intelligent Document Processing (IDP) solutions to streamline data entry for a leading debt management company in France, reducing errors that could delay processes and invalidate claims.

Catherine Stewart, President and General Manager for the Americas at Novelis, commented: “Working with ABBYY has significantly broadened the effectiveness of our customers’ automation initiatives. Their purpose-driven approach to AI and IDP lay the foundation for our automation strategies to excel in their specified areas, while process intelligence ensures our efforts are focused on the right areas in the first place. Whether it’s for a private company or one of the farthest-reaching government entities in France doesn’t matter – ABBYY brings the visibility and agility we need to tackle inefficiencies where they’re most critical.”

Bruce Orcutt, Chief Marketing Officer at ABBYY, explained: “Novelis’ expertise in innovation is instrumental to their clients’ success. Combining this expertise with the visibility and strategic foresight enabled by process intelligence has historically yielded optimal results for organizations pursuing a higher degree of efficiency and operational excellence, and ABBYY is excited to support the expansion of this success to more clients in the US.”

Recently, ABBYY reported a 60% increase in new annual recurring revenue (ARR) for its Intelligent Document Processing platform, ABBYY Vantage.

Headquartered in Milpitas, California, ABBYY offers a wide range of intelligent process automation solutions, including Process Intelligence, Accounts Payable automation and Intelligent Document Processing (IDP).

You can find the full press release here.

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