ABBYY Expands Global Access to Its AI-enabling Technologies During Q4 2018

Strategic Partnerships and Executive Appointments Position the
Company for Accelerated Market Penetration of its Content IQ Solutions

MILPITAS, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AI?src=hash” target=”_blank”gt;#AIlt;/agt;–During fourth quarter of 2018, ABBYY content IQ solutions and services
became more widely and readily available from new strategic partners and
robotic process automation (RPA) vendors’ digital marketplaces. ABBYY’s
momentum in forming new partnerships and gaining more enterprise
customers is attributed to organizations’ increasing deployment of RPA
technologies, and the need to make the software robots smarter.
Additionally, new executives were appointed to drive continued global
expansion of the company’s AI-enabling technologies, and ABBYY senior
executives spoke at major tech conferences about the opportunities for
integrating AI capabilities into the enterprise.

“ABBYY has remained focused on two important fronts – developing the
most innovative technologies and solutions using machine learning,
natural language processing and intelligent capture, and delivering
business value to our customers and partners,” commented Ulf Persson,
Chief Executive Officer at ABBYY. “The relationships we’ve built is a
testament to our dedication and aspiration to remain a global leader in
delivering content IQ solutions that enable organizations to digitally
operate better and deliver a better experience to their customers.”

This digest contains a few highlights of Q4 2018.

Product News

ABBYY FineReader Engine a KMWorld Trend-Setting Product of 2018
ABBYY
FineReader Engine OCR software development kit (SDK) was selected as a KMWorld
Trend-Setting Product of 2018
. It allows businesses to integrate
text recognition, PDF conversion and data capture functionalities into
software applications.

ABBYY FlexiCapture Earns Editor’s Choice Award from CardRates.com
For
developing automated document capture solutions that help banks
accelerate mobile onboarding and processing, ABBYY
earned CardRates.com Editor’s Choice Award
for banking and financial
software automation solutions.

ABBYY Expands FineReader 14 Capabilities to Support More PDF
Standards

October 30, ABBYY FineReader 14 was updated with
support for the latest PDF ISO standards and improved functionality to
create PDF/US documents. Along with improved optical character
recognition (OCR) for Japanese and added Hanja symbols for documents in
Korean, FineReader
14 is a more powerful PDF productivity tool
for global organizations
needing to offer digital information easily accessible to the public.

ABBYY Recognition Server Rebrands as ABBYY FineReader Server and
Gets a Major Update

November 30, ABBYY rebranded its most
powerful server-based optical character recognition service from ABBYY
Recognition Server to ABBYY FineReader Server. The rebrand further
consolidated all ABBYY OCR and PDF conversion offerings under the
FineReader brand to make it easier for customers and partners to find a
suitable solution from the company’s comprehensive product portfolio.
Additionally, ABBYY
FineReader Server 14 received major performance and functionality updates
.

Partnership News

ABBYY Technology Summit Recognized Top Seven Digital
Transformations Using Intelligent Capture

At its sixth
annual ABBYY Technology Summit held October 11-13, seven developer
partners, value-added resellers and customers were awarded for their
leadership, innovation and market influence using intelligent capture.
The ABBYY
Technology Summit highlighted trends in content intelligence and RPA to
drive business value
, and featured keynote speakers from HSA, Inc.,
Everest Group, PwC and Dell.

Ashling Partners Joins ABBYY Elite Partner Program to Maximize
Robotic Process Automation Solutions with Content IQ Technologies

Ashling
Partners is the latest Elite member of the ABBYY Partner Program
,
and will use ABBYY technologies within its RPA services. The companies
currently have several mutual clients benefitting from combined
solutions.

ABBYY Intelligent Capture Connector is Now Available on the UiPath
Go! RPA Marketplace

Beginning in November, the ABBYY
FlexiCapture Connector is now available for the UiPath RPA platform

via the newly launched UiPath Go! marketplace. This enables RPA
developers, line-of-business users and partners to instantly have the
power of ABBYY’s enterprise-level intelligent capture integrated
directly within a UiPath robotic process flow. ABBYY was also recognized
by UiPath as the Best Technology Partner at the #UiPathForward Americans
partner event.

ABBYY Partners with Blue Prism to Jointly Offer Transformative
Automation Capabilities

Further expanding its access among
RPA technology vendors, ABBYY
is jointly offering its content intelligence solutions in the Blue Prism
Digital Exchange
, a robust intelligent automation app store for
accessing and downloading pre-built AI, cognitive and disruptive
technologies. Partners and customers can find ABBYY’s intelligent
capture software solutions on the Blue Prism Digital Exchange and learn
how to integrate ABBYY with Blue Prism to transform unstructured data
into structured information for any business processes and add more
intelligence to RPA projects.

Executive News

ABBYY Brings Susanne Richter-Wills to Lead the DACH Region
In
November, ABBYY
Europe hired Susanne Richter-Wills
as its new sales manager for its
enterprise business in Germany, Austria and Switzerland. She is
responsible for driving new business with tier-1 enterprise accounts.

ABBYY Selects Rusty James to Lead Partner Growth throughout North
America

In December, Rusty
James joined ABBYY as the new Head of Partner Business for North America
.
He will be driving the development and execution of channel partnerships
among value-added resellers, system integrators and independent software
vendors to expand the use of ABBYY solutions throughout Canada, Mexico
and the US.

Industry Events

Annual Conference of the Association of Corporate Counsel, October
21-24 in Austin, TX

ABBYY
showed the power of Text Analytics for Contracts at the Annual
Conference for the Association of Corporate Counsel
, the world’s
largest conference for in-house corporate counsel. ABBYY addressed legal
professionals’ need to leverage AI in contracts and leases to speed risk
mitigation, obligation analysis and content migration.

Web Summit 2018, November 5-8 in Lisbon, Portugal
ABBYY
executives led sessions on customer experience and content intelligence
during Web Summit 2018
, one of the most influential technology
conferences in the world. The event is exclusively tailored to founders
and CEOs of technology companies, fast-growing startups, policymakers
and heads of state to discuss new and emerging technology. David Yang,
ABBYY founder, led the panel, “Customer Experience: a SaaS company’s
most important battleground,” and Bruce Orcutt, Senior Vice President of
Product Marketing at ABBYY, held a roundtable discussing the use of
robots to handle paperwork and other menial tasks.

IOFM APP2P Fall Conference, November 12-14 in Las Vegas
ABBYY
attended the IOFM APP2P Fall Conference, the largest event dedicated to
accounts payable and procure-to-pay practitioners. ABBYY showcased how
FlexiCapture solutions speed up the invoice and accounts payable
processes.

AI Summit New York, December 5-6 in New York
ABBYY’s
Chief Innovation Officer, Anthony Macciola, spoke to a standing room
only crowd during AI Summit New York discussing AI beyond the hype in a
presentation titled, “Making
Enterprise AI Robots Smarter with Content Intelligence
.” ABBYY also
demonstrated its content IQ solutions that digitize structured and
unstructured data into information that can be used by AI-enabling
technologies to deliver business value.

New Research Studies and Analyst Reports

IntellyX, an industry analysis and advisory firm focused on agile
digital transformation, penned its perspective on ABBYY:
An OCR Pioneer Transforms for the Digital Era While Helping Its
Customers Do the Same
.

New White Papers, Webinars and Case Studies

Levvel Research explores strategic accounts payable automation solutions
for innovative companies in the white paper, Building
a Foundation for Digital Transformation in Accounts Payable
.

AIIM webinar features ABBYY, Content
Intelligence – 5 Uses Cases on the Frontier of Machine Learning
.

Trending on ABBYY Blog

Extracting
Context from Content: A Brief Primer on Content Intelligence

The
rise of content IQ technology is conditioned by the need to distill
value from enterprise data and help them gain greater insight into the
real needs of their customers. This blog explains what it is.

A Five-Part Series on Content Analytics:
Content
Analytics Challenges for Managing Contracts

The
Power of Content Intelligence to Transform Contracts into Actionable
Intelligence

Contract
Analytics Use Cases: Uncover Unrealized Revenues

So,
What Should We Do With Contract Analytics?

The
Impact of AI on the Legal Profession

Upcoming Events

MWC Barcelona 2019 Feb. 25-28, 2019, Barcelona, Spain
ABBYY
will be among the tech industry’s innovators and influencers gathering
at MWC
Barcelona 2019
to explore how intelligent connectivity will shape
the future of our digital experiences. The company is participating in
the “Transformative AI Topic tour” which features exhibitors leveraging
various types of AI. Additionally, the flagship scanner app,
FineScanner, was shortlisted in the Most Innovative Mobile App category.
Visit ABBYY in the NEXTech Hall 8.0, stand 8.0J25, to discover how ABBYY
can support your mobile strategy and help you create a unique customer
experience.

ABA Techshow Feb. 27 – Mar. 2, 2019, Chicago, IL
ABA
Techshow
is where lawyers, legal professionals and technology all
come together. ABBYY will demonstrate how AI-enabling technologies can
be used today in the legal field.

To stay on top of the latest content IQ products, solutions, and
resources from ABBYY, subscribe to receive the ABBYY Corporate News
Digest by emailing [email protected].

About ABBYY

ABBYY is a global leader in content IQ technologies and solutions. ABBYY
offers a complete range of AI-based technologies and solutions
transforming business documents and content into business value. By
providing digital transformation solutions to financial services,
insurance, transportation, healthcare and other industries, the company
helps organizations achieve the next wave of growth by understanding
customers and delivering responsive real-time intelligent systems. The
flexibility of ABBYY AI solutions enables customers to utilize a diverse
range of advanced technologies, platforms and solutions for
classification, text analytics, data and entity extraction, and data
validation via any communication channel and in any format. ABBYY
technologies are used and licensed by some of the largest international
enterprises and government organizations, as well as SMBs and
individuals. The company maintains offices in Australia, Cyprus, France,
Germany, Japan, Russia, Spain, Taiwan, the UK, Ukraine, and the United
States. For more information, please visit www.abbyy.com/company.

ABBYY and the ABBYY Logo are either registered trademarks or
trademarks of ABBYY Software Ltd. Other product names mentioned herein
may be trademarks and/or registered trademarks of their respective
owners and are hereby recognized.

Contacts

ABBYY Editorial Contact:
Gina Ray, APR
+1 949-370-0941
[email protected]

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