In this section we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, upcoming webinars, events and more.
What we cover in this week’s (actually more like last week’s, since it’s already Monday) recap:
🗞️News:
Intelligent Document Processing vendor Cambrion is one of the newest players in the industry
At Intelligent Document Processing Community, we are always excited when (relatively) new IDP vendors emerge and, to be honest, it’s pretty hard to keep up with all the new ones. This is also true for one of the newest players in the Intelligent Document Processing industry, Munich-based Cambrion, co-founded last year by Daniel Gamber, Dr. Daniel Tiarks and Lars Kornhoff. Many thanks to Dan Lucarini, Senior Analyst at analyst firm Deep Analysis, for bringing Cambrion to our attention! Seven months ago, Cambrion introduced itself to the public and claimed to set a new standard in Intelligent Document Processing: “Our platform is built from the ground up to understand document context, going far beyond simple data extraction. We empower organizations to automate complex workflows with unmatched ease and precision.” Cambrion is part of what Dan Lucarini coined as the 4th Wave of Intelligent Document Processing: “We call them 4th Wave because they rely on a multi-modal LLM to handle classification, image pre-processing, and data extraction. This is in stark contrast to the industry’s historic reliance on OCR, pre-processing tools, and custom machine learning models. 4th Wave products skip over those tools in favor of using a growing selection of foundational LLMs from OpenAI, Google, Anthropic, DeepSeek, Llama and others. There are some serious challenges to this LLM-only approach which we have discussed before and will continue to debate.” Check out Dan Lucarini’s article for more insights on Cambrion.
ABBYY introduces ABBYY Document AI API for developers
Intelligent Document Processing vendor ABBYY has announced the launch of ABBYY Document AI API. With that, ABBYY introduces a new Optical Character Recognition (OCR) Application Programming Interface (API) that provides developers with a reliable and consistent OCR tool to enhance workflows with pre-trained models to extract data from documents and accelerate the automation of complex business processes. Nick Hyatt, VP of Engineering at ABBYY, explained: “As a vanguard of OCR, ABBYY has long had a vibrant community of cutting-edge developers creating transformational solutions with our advanced document AI. We are providing them a new API with minimal setup, access to ample community resources, and pre-trained models for building proof-of-concepts. ABBYY Document AI API is a major step forward for developing automated document workflows.”
DeepOpinion recognized as one of the top 100 future companies in the UAE
Intelligent Document Processing vendor DeepOpinion has announced that it has been recognized as one of the top 100 companies shaping the future of The United Arab Emirates (UAE). This national initiative, launched by the Ministry of Economy in collaboration with the Minister of State for Government Development and the Future, lists and supports startups and scaleups that are making a promising contribution to the UAE’s future economic sectors. Stefan Ramershoven, Co-Founder and CEO of DeepOpinion, commented: “We’re truly honored to be awarded by the Ministry of Economy and the Office for Government Development and the Future! A massive shoutout to Ahmed Ghanim Al-Ali, PhD, who’s been leading the charge for DeepOpinion in the UAE. Your passion, leadership, and ability to inspire have been key to this achievement. We wouldn’t be here without you. Kudos to our incredible team for the hard work and extra mile you’re walking with us every day!”
6Estates announces a partnership with the Asian Institute of Digital Finance
Intelligent Document Processing vendor 6Estates has announced a Memorandum of Understanding (MOU) with the Asian Institute of Digital Finance (AIDF) at the National University of Singapore. Through this partnership, 6Estates and AIDF will work together on AI-driven financial solutions. According to 6Estates, the initial focus will be on developing GenAI-powered credit scoring models, credit reporting engines and domain-specific language models to improve SMEs’ access to financial services across Asia.
Klippa receives ISAE 3000 Type II certification and also introduces its new AI-powered fraud detection features
Intelligent Document Processing vendor Klippa has announced that it has achieved ISAE 3000 Type II certification, a global standard for the assessment of non-financial controls, particularly in areas such as data privacy, risk management and security. In addition, Klippa announced the launch of its new AI-powered fraud detection capabilities in DocHorizon, its IDP platform, which helps organizations detect fraud in real time (e.g. in the form of fake invoices).
Crawford Technologies announces the latest release of its Digital Transform Engine (via direct source)
Software solutions and services provider Crawford Technologies has announced the availability of the latest version 5.8 of its Digital Transform Engine (DTE). New features of DTE 5.8 include improved font management (reducing file sizes), automated Learning Management System content remediation, automated bilingual PDF creation, an enhanced AccessibilityNow workflow (to automate template creation), and numerous other enhancements that streamline document processing. Ernie Crawford, president and CEO of Crawford Technologies, explained: “Enterprises that produce high-volume customer communications are under pressure from rising costs, labor shortages and mounting compliance demands. With this latest DTE release, we’re giving our customers an easy-to-use, cost-efficient way to automate document workflows, reduce manual intervention and simplify compliance so they can focus on delivering timely, critical communications at scale.”
📰Article:
Accuracy comes with experience
Mike Hobday, CEO of IDP vendor AntWorks, notes that the first question he is often asked by potential clients is “How accurate are your models?”, which Hobday says is the wrong question. So what are the right questions to ask instead? Read his article to find out.
💡Opinions:
🥵 Thirsty for different perspectives? RPA vs. IDP: Technology Inflection that will Cannibalize a Whole Industry and Context Aware IDP: The Next Generation of Intelligent Document Processing
RPA vs. IDP: Technology Inflection that will Cannibalize a Whole Industry In this opinion piece, Brent Wesler, VP of Strategic Technology and Digital Automation at Records Management Solutions provider Vital Records Control (VRC), takes us through the early days of document management and explains where Intelligent Document Processing (IDP) originally came from, where he sees IDP as a standalone product and where he thinks Robotic Process Automation (RPA) is more suitable than IDP.
Context Aware IDP: The Next Generation of Intelligent Document Processing In this opinion piece, Satish Grampurohit Co-Founder and CEO of Intelligent Document Processing (IDP) vendor Cogniquest, explains why he sees the future of IDP in bringing together an intelligent mix of traditional AI and Gen AI/LLM to offer context-aware processing.
🎥Upcoming Webinars:
April 30, 2025, 1 pm EST: 7 Habits for Digital Transformation Success
Join the AIIM Florida Chapter and Geoff Ables, Managing Partner at C5 Insight, for this webinar to learn about the 7 essential components that every successful digital workplace project must have to be prepared for the changes ahead.
May 6, 2025, 11 am CEST: Seefracht-Dokumente automatisch verarbeiten (DE)
Register for this webinar (in German) hosted by Intelligent Document Processing vendor ExB to learn how your logistics teams can leverage AI to automate the processing of sea freight documents.
📆Upcoming Event (in-person):
May 21, 2025: ABBYY AI Summit in London, UK
Following the AI Summits in Vienna and Austin, Intelligent Document Processing vendor ABBYY is hosting the last AI Summit of 2025 in London, UK. You can expect a day full of keynotes and insights from leading experts on the state of AI in 2025, how to maximize your AI investments, how to prepare your business for the future when it comes to compliance and data privacy, and much more.
📌Find more upcoming events and webinars in the Intelligent Document Processing space here.
Thank you for reading and see you next week!
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