IDP vendor Laiye and digital solution company Ciklum partner

The partnership aims to bridge the gap of manual, repetitive and inefficient tasks by bringing together the complementary capabilities of Ciklum’s experience in delivering end-to-end automation solutions and industry expertise with Laiye’s Work Execution System (WES).

Laiye, a provider of AI-powered automation solutions including Intelligent Document Processing, announced November 22 that it has joined forces with Ciklum, a digital solutions company focused on intelligent automation at scale. Together, the two companies will collaborate with organizations in Europe in the iGaming, financial services and retail/e-commerce sectors to help clients improve their employee’s productivity and experience through intelligent automation technologies.

Following Laiye’s newly-launched Work Execution System (WES), “an innovative, people-centric solution that can help enterprises close their work execution gaps by optimizing the human-technology collaborative alliance, therefore increasing productivity, efficiency and morale,” the collaboration with Ciklum is the first global WES co-innovation partnership.

Guanchun Wang, Chairman and CEO of Laiye, commented: “Our partnership with Ciklum marks a key milestone for Laiye to launch a new category – the Work Execution System – in Europe and beyond. We together can help customers in some of the most important business sectors to identify and close their work execution gap using intelligent automation technologies.”

VP of Intelligent Automation at Ciklum, Gourav Datta, said: “As Ciklum focusses on driving Intelligent Automation at scale across organisations, we are pleased to formalise the partnership with Laiye to further strengthen and deliver end-to-end automation. We are certain this partnership will provide a considerable and differentiated value for our clients.”

Beijing-based Laiye offers intelligent automation solutions. Its suite of AI-powered RPA, Intelligent Document processing (IDP) platform, and chatbot solutions help organizations in the insurance, communications, electric power, finance, retail, and healthcare industries achieve new levels of productivity and efficiency. Laiye recently launched its Work Execution System platform.

The full press release can be found here.

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