Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, March 29 2019 - 08:28
AsiaNet
Everest Group Names AntWorks(TM) as a Leader in Intelligent Document Processing (IDP) PEAK Matrix(TM) Assessment 2019
SINGAPORE, March 29, 2019 /PRNewswire-AsiaNet/ --

AntWorks(TM), a global provider of artificial intelligence and intelligent 
automation solutions, announced today that it has been positioned as a 'Leader' 
in Everest Group's PEAK Matrix(TM) for Intelligent Document Processing (IDP) 
2019.

Everest Group Names AntWorks(TM)as a Leader in Intelligent Document Processing 
(IDP) PEAK Matrix(TM) Assessment 2019

Everest Group evaluated 16 IDP technology vendors for Market Impact and Vision 
& Capability in this year's PEAK Matrix(TM)Assessment. Everest Group mentions 
Leaders command higher overall satisfaction amongst their clients than Major 
Contenders and Aspirants. Leaders' clients are highly satisfied with their 
product vision & roadmap, IDP product capabilities, and their ability to help 
them achieve better business outcomes.

"AntWorks is a Leader in Everest Group's PEAK Matrix(TM)for IDP software 
products in 2019. It's ANTstein(TM) platform takes a distinctive approach 
leveraging fractal science rather than neural networks for cognitive / ML 
capabilities," commented Anil Vijayan, Practice Director at Everest Group. 
"Through distinct but integrated multi-format data ingestion, RPA, and IDP 
capabilities, it also offers the flexibility for enterprises to consume either 
in a full-stack or in a modular fashion. Driven by its platform's ease of use, 
flexibility, and adaptability to changing business requirements, AntWorks has 
positioned itself for further success."

"Our recognition as a Leader in IDP is a testament of our vision, strategy and 
market success with enterprise Integrated Automation Platform (IAP), 
ANTstein(TM) with our proprietary industry leading computer vision product - 
Cognitive Machine Reading (CMR). CMR provides superior results on data with 
small variances like business processes enabling higher straight through 
processing results," said Asheesh Mehra, Co-Founder & Group CEO, AntWorks.

The report says that AntWorks' ability to process unstructured data such as 
images, handwritten fields and signatures (verification) within documents and 
contextualise the extracted fields through natural language processing (NLP) 
has helped their enterprise clients automate document processing use cases such 
as title insurance, trade finance, and financial statements. The report also 
says that reference clients were highly satisfied with the flexibility of 
AntWorks to adapt to their changing business requirements and proactiveness in 
sharing their evolving product vision and roadmap on a regular basis.

Download the report here. [https://bit.ly/2FAZa7F ]

About AntWorks

AntWorks is a global artificial intelligence (AI) and intelligent automation 
company that creates new possibilities with data through digitisation, 
automation, and enterprise intelligence. As the world's only platform that 
understands every data type, AntWorks' Integrated Automation Platform, 
ANTstein, digitises every bit of information for a diverse range of industries. 
By creating human-like bots in a low-code/ no-code environment, ANTstein 
innovates new ways to automate complex processes. AntWorks' solutions power up 
enterprises with accurate insights through an integrated, intelligent, 
technology stack that automates and learns independently. Put simply, it 
accelerates the new, constantly. ANTstein is also the first and singular 
Enterprise Intelligent Automation Platform powered by fractal science 
principles and pattern recognition.

Media contacts:

For further information, please contact:

Emma.Beaumont@Ant.Works
CMO
+6568185724

(Photo: https://mma.prnewswire.com/media/843149/PEAK_Matrix_Infographic.jpg )

(Photo: https://mma.prnewswire.com/media/843150/AntWorks_Everest_IDP.jpg )


SOURCE: AntWorks
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