Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, August 09 2022 - 10:00
AsiaNet
Soroco Named a Leader in Everest Group's PEAK Matrix(R) for Task Mining Technology Provider 2022
BOSTON, Aug. 9, 2022 /PRNewswire-Asianet/-

    Soroco, the world's first work graph company, has been named a Leader in 
the first-ever Task Mining Products PEAK Matrix(R) Assessment 2022 released by 
Everest Group, a leading research and analyst firm. The evaluation was based on 
specific criteria that analyzed the company's flagship product, Scout for its 
market impact, vision, and capability.

    There is a new category of enterprise software that relies on a previously 
untapped data source — human-computer interactions emanating from daily work. 
Today, over 60% of this data originates from millions of interactions teams and 
users have across applications, emails, chats, and documents at work.

    This undocumented and unstructured data from human-computer interactions is 
key to unlocking tremendous business value and accelerating data-based digital 
transformation programs. This data enables organizations to build a map of how 
their teams get work done and use it to power their digital transformation 
programs.

    "We are very happy to be recognized by Everest Group as a Leader," said 
Samson David, CEO, Soroco. "This recognition reflects our dedication to 
delivering a powerful work graph platform that provides a 360-degree view into 
the last mile of work to teams and organizations and empowers them with 
structured insights - the key lever for driving the business forward and 
architecting transformation initiatives. Our vast experience in the enterprise 
sector and our extended partner ecosystem is helping organizations to reimagine 
the way work gets done and enables them to remain competitive in the digital 
landscape." 

    According to Amardeep Modi, Vice President, Everest Group, "Soroco's task 
mining product strategy is aimed at helping enterprises understand how teams 
execute work and strengthen businesses in their digital transformation 
initiatives."  He further added, "Its position as a Leader in Everest Group's 
Task Mining Products PEAK Matrix(R) Assessment 2022 is underpinned by its 
strong market vision, focus on product innovation and customer success, depth 
and breadth of product functionalities, and high value delivered to its 
clients."

    Everest Group's Task Mining PEAK Matrix Assessment 2022 includes 17 
technology providers within the task mining industry. The report consists of 
PEAK Matrix, which classifies task mining providers into Leaders, Major 
Contenders, and Aspirants. Leaders have demonstrated high overall market 
impact, strong vision, and capability to respond to the demand for holistic 
task mining solutions.  

    Soroco leads the category because of its focus on enterprise-scale needs 
serving 1000s of users in each customer, which includes:

    Privacy-aware data capture with zero IT integration: Patented deep capture 
technology to capture millions of interactions while protecting end-user 
privacy, flexible PII filtering, and being aligned to GDPR compliance.
Discovery, insights, and extensibility: Discovering patterns of work specific 
to each team, AI-driven recommendations on ROI and optimization levers, and 
APIs to extend new insights via BI tools such as Power BI.
Flexible hosting: Built cloud-native to scale - available in both PaaS and SaaS.
Soroco's Scout, a work graph platform, is uniquely positioned to help 
enterprises to drive actionable and structured insights from this huge, 
untapped data source and improve the digital experiences of users and teams.   

    About Soroco  

    Soroco is building the world's first and most bleeding-edge work graph 
platform. We are a deep tech company with ~40 patents. Our flagship product 
Scout, powered by the work graph, provides near real-time insights into how 
work gets done on the ground and helps enterprises in their transformation 
journey.

    Photo: 
https://mma.prnewswire.com/media/1874135/Soroco_PEAK_Matrix_Assesssment.jpg


    Source: Soroco
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