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Tag: business automation

Contract Analytics Use Cases: Uncover Unrealized Revenues

There are measurable direct and indirect benefits associated with the application of contract analytics to financial processes such as procure to pay and order to cash.  There are specific areas where finance organizations stand to achieve cost efficiencies and realize incremental profits. Invariably, contracts include price, volume and discount terms.  By gaining better visibility to these contractual terms finance departments may, for example: Match contract pricing and performance obligation clauses…

The 3 Biggest Reasons Why Your Sales and Marketing Teams Need Predictive Analytics

Strong data is the foundation of effective marketing and sales. The more high-quality information you can obtain on your target market, the better chance you will have to connect with consumers and close sales. Artificial intelligence (AI) is revolutionizing marketing, and predictive analytics is a pivotal part of the AI toolkit when it comes to optimizing marketing and sales efforts. This rapidly-improving tool incorporates approaches from data mining, statistics, and…

ABBYY Intelligent Capture Pushes the Boundaries of RPA

ABBYY participated at the RPA and AI Summit 2017 Conference in London where experts and end users discussed the convergence of data with RPA and shared best practices for moving from proof of concept to centers of excellence. Having recently attended the AI Summit in San Francisco, we were curious to learn how European organizations and vendors were approaching AI and if their level of interest in our offerings matched…

ABBYY launches AI-powered real-time recognition SDK that speaks 63 languages

Computer vision has evolved quickly in the past few years. From Word Lens to Google Goggles, the ability to recognize text and objects speedily on any device is a far cry from the days of scanning documents and time-consuming OCR. Document and content capture company ABBYY today announced the release of its new Real-Time Recognition SDK (RTR SDK), which promises to take text capture to a new level. I saw the solution…

ABBYY Technology Summit 2017 Ignites Momentum for #OneABBYY

Under warm blue skies on the waterfront of the San Diego Marina, ABBYY held its fifth annual ABBYY Technology Summit. We welcomed a record 250 customers, partners and employees from more than a dozen countries eager to learn about the latest innovations in ABBYY capture software with the uses machine learning, AI, text analytics and robotic process automation (RPA). While the summit was a celebratory reunion for many partners and…

The changing perception of AI

There is no shortage of AI conferences nowadays and it is always interesting what the real business people take home.  To get valuable insights into this, we asked three of our top specialists  – Butch Reh, Vice President Sales North America, David Bayer, VP Text Analytics,  and Olga Frumkina, Marketing Director ABBYY Russia – to share their impressions. All the three were present at the recently concluded AI Summit in…