In this section, we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, podcasts, reports and more.
What we cover in this week’s recap:
News:
Impactsure has been selected by Singapore Exchange AI/ML-powered document analytics company Impactsure announced that its SureXtract solution has been selected by Singapore Exchange (SGX Group). The multi-asset exchange has chosen the SureXtract solution to extract unstructured annual reports and financial statement data from PDF files of SGX-listed companies. SureXtract is powered by the SURE (Secured Unified Responsive Engine) platform, which is a patent pending AI/ML and NLP platform that derives insights from structured and unstructured data in printed documents, contracts, scanned images, handwritten notes, and many other applications. Dharmarajan Sankara Subrahmanian, founder & CEO of Impactsure, explained: “Our solution is scalable to support high volumes during earnings seasons, when many companies report their financials in short time window.”
SBI AntWorks Asia K.K. and NEC partner to drive digital transformation for clients in Japan AntWorks announced that SBI AntWorks Asia K.K., a joint venture between AntWorks and SBI Neo Financial Services K.K. that primarily distributes AntWorks’ solutions in the Japanese market, has partnered with NEC, which is driving the digital transformation of enterprises in Japan. The partnership will leverage AntWorks’ automation solutions, including CMR+, its Intelligent Document Processing platform.
Article:
Fear of recession has driven IDP adoption in 2022 As companies seek to cut costs and accelerate inefficient processes, Intelligent Document Processing has become a strategic component of digital transformation initiatives. Read this article to learn what else has been happening in AI and automation this year, how AI ethics is gaining traction, and why customers are getting more attention.
Why 2023 will be the year of ‘The Autonomous Enterprise’ According to HFS, automation is the most important initiative to help companies meet their strategic priorities. At the same time, 67% of companies are only in the early stages of their automation journey. Read this article by Phil Fersht to learn why he believes 2023 will be the year of the “Autonomous Enterprise.”
Podcast:
Does digital transformation represent the end of physical banks? Watch this 35-minute podcast to learn why John Häfelfinger, CEO of the largest bank in the Basel region (Switzerland), BLKB, believes that despite digital transformation, banks must continue to offer services across all channels, including physical banks, to be able to meet the needs and preferences of all customers.
Upcoming webinar:
How can digital transformation succeed in times of uncertainty? Join this fireside chat on January 17, 2023, to learn how one organization overcame obstacles like limited budgets and competing priorities in order to successfully implement digital transformation.
Merry Christmas, happy holidays and see you next week!
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