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 Monday already) recap:
🗞️News:
Cortical.io named a Representative Vendor in Gartner’s Market Guide for Advanced Contract Analytics
Intelligent Document Processing vendor Cortical.io has announced that it has been named a Representative Vendor in Gartner’s Market Guide for Advanced Contract Analytics. Gartner describes this segment as follows: “Advanced contract analytics, powered by AI, enhance efficiency, consistency and compliance of contracting processes pre- and postsignature.” The recognition for Cortical.io is a result of its IDP solution SemanticPro, which Cortical.io says is “is often referred to by users as the Contract Reader” because it accurately interprets and analyzes complex contractual provisions, regardless of terminology or formatting.
Planet AI develops the joint project “SPOC-AI” together with ALTOW Digital Innovation and the University of Rostock
Intelligent Document Processing vendor Planet AI has announced that, together with tech company ALTOW Digital Innovation and in cooperation with the University of Rostock, it is developing “SPOC-AI” (Single Point of Contact), a solution that will serve as a central hub for document-based processes and is built on Planet AI’s document processing platform IDA. “SPOC-AI” is being funded by the state of Mecklenburg-Western Pomerania as part of the Regional Innovation Strategy with a budget of over €11 million through the end of July 2027. According to Planet AI, the project partners are developing AI agents that are able to efficiently access large amounts of data and autonomously complete complex tasks (with a human-in-the-loop approach). In addition, LLMs for “SPOC-AI” are being developed that are tailored to the needs of different areas and industries. Jesper Kleinjohann, CEO of Planet AI, commented: “A key highlight of our system is that it can be entirely operated on the client’s premises, making it independent of external cloud services.” Dr. Tobias Strauß from the University of Rostock added: “From a research perspective, we are particularly interested in Explainable AI, understanding how algorithms arrive at specific outcomes.”
Cogniquest achieves HIPAA compliance
Intelligent Document Processing vendor Cogniquest has announced that it has achieved HIPAA (The Health Insurance Portability and Accountability Act is a series of regulatory standards that outline the lawful use and disclosure of protected health information) compliance, which qualifies the IDP vendor to work with healthcare providers, payers, and healthtech firms in the US. Satish Grampurohit, Co-Founder and CEO of Cogniquest, commented: “Proud moment for all of us at Cogniquest AI. It strengthens are position to partner with US healthcare clients and we are super excited.”
New research from Deep Analysis (Vendor Vignettes)
Analyst firm Deep Analysis has announced new research in the form of their ‘Vendor Analysis’, short reports focusing on technology product innovation. New research includes IDP providers SER, Cambrion and Inffrd. To access the full reports, click here.
Lydonia appoints new CRO
Digital transformation firm Lydonia has announced the appointment of Jason Webber as its new Chief Revenue Officer (CRO). He brings more than three decades of experience in enterprise technology, including a track record of building high-performing teams and scaling complex organizations. In this role, Jason Webber will lead Lydonia’s go-to-market strategy and revenue operations, helping the company expand its presence in automation, AI, data and security. Kevin Scannell, Founder & CEO of Lydonia, commented: “We’re thrilled to welcome Jason Webber as Lydonia’s new Chief Revenue Officer. Jason’s deep industry expertise and proven ability to scale global revenue operations make him the right leader to take Lydonia to the next level. Equally important, he shares our commitment to being a customer-first organization—delivering exceptional value and building trusted, long-term relationships.”
📰Articles:
The Seven Patterns for Scalable GenAI in Document-Centric Processes
Check out this article in which Rich Medina, Co-Founder and a Principal Consultant at Doculabs, introduces seven architectural patterns for integrating GenAI into document-centric business processes in a scalable, modular way.
Salesforce Strikes Gold with IDP
Read the latest article by Dan Lucarini, Senior Analyst at analyst firm Deep Analysis, and get his take on Salesforce’s introduction of Salesforce Data Cloud Document AI.
💡Opinion:
Beyond Retrieval: How Intelligent Document Processing Elevates RAG Systems
Is Intelligent Document Processing the missing link in the RAG stack? Yes, says Dr. Marlene Wolfgruber, Product Marketing Lead for AI at ABBYY. Read her latest opinion piece where she lays out five ways IDP enhances Retrieval-Augmented Generation.
🎥Upcoming Webinars:
June 4, 2025, 12 pm EST: Demo Days – IDP and Automation Excellence
Trying to find the perfect Intelligent Document Processing solution can be quite overwhelming – especially with rapidly evolving AI and automation capabilities. Register for AIIM Demo Days attend this two-hour session that will make your search easier.
June 10, 2025, 1pm EST: ABBYY Ascend 2025
Register for ABBYY Ascend 2025 and experience insightful presentations from experts on the future of purpose-built artificial intelligence, interactive demos of ABBYY’s latest AI-powered features, and sneak peeks of upcoming features and innovations.
📆Upcoming Event (in-person):
June 3-5, 2025: d.velop SUMMIT in Düsseldorf, Germany
From June 3 to 5, the entire d.velop community will meet at the d.velop SUMMIT 2025 in Düsseldorf to experience the latest trends and innovations in digitization together.
📌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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