April 16, 2020 — NEW YORK — A top provider of Intelligent Automation software today announced: WorkFusion named a Leader in Everest Group’s “Intelligent Document Processing PEAK Matrix® 2020” report for the second year in a row.
Everest Group assessed vendors in terms of “market impact” and “vision and capability,” positioning WorkFusion toward the high end of each axis. The research firm’s analysts studied the products and interviewed customers of each vendor before identifying the market leaders based on market impact, overall capability and customer satisfaction.
WorkFusion was recognized for its AI-driven automation capabilities and library of more than 200 pre-built use cases, in addition to a wide range of features designed to enable digital transformation and accelerate the transition of enterprises to more meaningful work.
“WorkFusion has established itselfas a Leader in Everest Group’s PEAK Matrix® for intelligent document processing software products in 2020 with its pre-trained, out-of-the-box solutions that support a broad set of document extraction uses, thereby enabling faster adoption for enterprises,” said Anil Vijayan, Vice President, Everest Group. “WorkFusion is addressing a unique market need with core extraction and natural language processing, distinctive capabilities such as use case navigation to access pre-built solutions, use case evaluation to validate extraction process and train models, robust analytics dashboards, and integrated robotic process automation and business process management.”
“We’re thrilled to be recognized as a Leader by Everest Group for the second consecutive year,” said Alex Lyashok, CEO, WorkFusion. “Our automation solutions are purpose-built and pre-packaged to help customers go beyond tasks and automate entire business processes, and we’re proud to continue helping customers reach new heights of innovation with intelligence and automation.”
According to WorkFusion’s proprietary research, more than 50 percent of process data shifts each week, indicating that AI-driven Intelligent Automation will become increasingly crucial in dealing with the rise in data volume and variability, and supporting business transformation and growth. To make transformation efforts even simpler, WorkFusion’s integrated Intelligent Automation Cloud solutions include a wide array of pre-trained bots, pre-built to automate complex functions, with a special focus on anti–money laundering (AML) efforts and account opening in banking. This combination of business-friendly AI, fully integrated capabilities, and analytics positions WorkFusion and its customers at the leading edge of automation.
A custom licensed copy of the IDP PEAK Matrix® 2020 along with WorkFusion’s evaluation excerpt can be downloaded here.