{AFC submission|d|n|u=FlyingPiper|ns=118|decliner=Robert McClenon|declinets=20220701151122|reject=yes|ts=20220630164726}}
{{Short description|American software company}} {{Draft topics|internet-culture|software|business-and-economics|technology}} {{AfC topic|org}}
{{draft|date=June 2022}} {{COI|date=June 2022}} {{Advert|date=June 2022}} ABBYY is a software company that produces intelligent document processing (IDP), [1] [2] [3] process mining, [4] [5] document conversion, data capture, and intelligent process automation (IPA) software. [6] It is headquartered in Charlotte, North Carolina. [7]
The company's products include ABBYY Vantage, ABBYY Timeline, and ABBYY FineReader. ABBYY partners with companies such as UiPath and Blue Prism, both robotic process automation (RPA) vendors, Alteryx, a self-service analytics vendor, Carahsoft Technology, and Kodak Alaris, which specializes in professional data capture solutions. [8] [9] [10]
The company was founded in 1989 [9] [7] by Armenian-born entrepreneur David Yang, who was a student at the time. [11] [12]
Since 2018, the company partnered with major RPA vendors to create the ABBYY FlexiCapture Connector. [13] This allows companies to pull content into RPA platforms or push ABBYY content into RPAautomated workflow. [13]
In 2019, the company signed a joint business relationship agreement with PwC India. [14] This allowed the accounting and advisory firm to integrate ABBYY products into its operation centers. [14]
In March 2021, ABBYY released Vantage, a low-code/no-code intelligent document processing platform. [15] [9] The company also launched ABBYY Marketplace, an open marketplace where organizations can purchase reusable AI skills. [15] In May, Marlin Equity Partners became the company’s largest shareholder. [6] [16]
In June 2021, ABBYY updated its cross-platform open-source machine learning library, NeoML, so that it supported the Python programming language. [17] [2] Developers can use the library to build, train, and deploy machine learning models. [17] In October, ABBYY and Carahsoft Technology formed a distribution partnership that made ABBYY’s software more available in the public sector. [8] The companies’ software was adopted by the National Oceanic and Atmospheric Administration (NOAA), the Food and Drug Administration (FDA), [18] and the California Department of Motor Vehicles. [8]
In March 2022, the company opened an office in Vilnius, Lithuania. [19] It was ABBYY’s 14th international office. [19]
In 2019, the company acquired TimelinePI, a process mining company. [6]
In 2020, the Singapore division of Pericom Group, a digital imaging company, was acquired. [20] [21]
ABBYY Timeline - a process mining tool; it analyzes business processes and identifies which ones should be automated; continuously monitors automation updates. [22] [8]
ABBYY Vantage - a low-code/no-code intelligent document processing platform. [15] [9] [8]
ABBYY FineReader - an optical character recognition (OCR) application that can recognize 186 languages. [23] [24] [25] [26]
{AFC submission|d|n|u=FlyingPiper|ns=118|decliner=Robert McClenon|declinets=20220701151122|reject=yes|ts=20220630164726}}
{{Short description|American software company}} {{Draft topics|internet-culture|software|business-and-economics|technology}} {{AfC topic|org}}
{{draft|date=June 2022}} {{COI|date=June 2022}} {{Advert|date=June 2022}} ABBYY is a software company that produces intelligent document processing (IDP), [1] [2] [3] process mining, [4] [5] document conversion, data capture, and intelligent process automation (IPA) software. [6] It is headquartered in Charlotte, North Carolina. [7]
The company's products include ABBYY Vantage, ABBYY Timeline, and ABBYY FineReader. ABBYY partners with companies such as UiPath and Blue Prism, both robotic process automation (RPA) vendors, Alteryx, a self-service analytics vendor, Carahsoft Technology, and Kodak Alaris, which specializes in professional data capture solutions. [8] [9] [10]
The company was founded in 1989 [9] [7] by Armenian-born entrepreneur David Yang, who was a student at the time. [11] [12]
Since 2018, the company partnered with major RPA vendors to create the ABBYY FlexiCapture Connector. [13] This allows companies to pull content into RPA platforms or push ABBYY content into RPAautomated workflow. [13]
In 2019, the company signed a joint business relationship agreement with PwC India. [14] This allowed the accounting and advisory firm to integrate ABBYY products into its operation centers. [14]
In March 2021, ABBYY released Vantage, a low-code/no-code intelligent document processing platform. [15] [9] The company also launched ABBYY Marketplace, an open marketplace where organizations can purchase reusable AI skills. [15] In May, Marlin Equity Partners became the company’s largest shareholder. [6] [16]
In June 2021, ABBYY updated its cross-platform open-source machine learning library, NeoML, so that it supported the Python programming language. [17] [2] Developers can use the library to build, train, and deploy machine learning models. [17] In October, ABBYY and Carahsoft Technology formed a distribution partnership that made ABBYY’s software more available in the public sector. [8] The companies’ software was adopted by the National Oceanic and Atmospheric Administration (NOAA), the Food and Drug Administration (FDA), [18] and the California Department of Motor Vehicles. [8]
In March 2022, the company opened an office in Vilnius, Lithuania. [19] It was ABBYY’s 14th international office. [19]
In 2019, the company acquired TimelinePI, a process mining company. [6]
In 2020, the Singapore division of Pericom Group, a digital imaging company, was acquired. [20] [21]
ABBYY Timeline - a process mining tool; it analyzes business processes and identifies which ones should be automated; continuously monitors automation updates. [22] [8]
ABBYY Vantage - a low-code/no-code intelligent document processing platform. [15] [9] [8]
ABBYY FineReader - an optical character recognition (OCR) application that can recognize 186 languages. [23] [24] [25] [26]