{"id":34723,"date":"2019-05-30T07:32:39","date_gmt":"2019-05-30T14:32:39","guid":{"rendered":"https:\/\/www.enxmag.com\/twii\/?p=34723"},"modified":"2019-05-30T07:32:42","modified_gmt":"2019-05-30T14:32:42","slug":"kofax-launches-intelligent-automation-software-platform-and-marketplace-to-advance-future-of-work-initiatives-for-hyper-connected-enterprises","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2019\/05\/kofax-launches-intelligent-automation-software-platform-and-marketplace-to-advance-future-of-work-initiatives-for-hyper-connected-enterprises\/","title":{"rendered":"Kofax Launches Intelligent Automation Software Platform and Marketplace to Advance Future-of-Work Initiatives for Hyper-Connected Enterprises"},"content":{"rendered":"\n<p><em>Irvine, CA (May 29, 2019)<\/em> \u2014 Kofax, a leading supplier of Intelligent Automation software to digitally transform end-to-end business operations, today announced it has launched the industry\u2019s first Intelligent Automation platform and marketplace, advancing future-of-work initiatives for hyper-connected enterprises. The AI-enabled platform and marketplace ecosystem automate end-to-end business operations at scale, allowing digitally transformed organizations to harness automation to make customer, supplier and employee interactions more productive and gratifying.<\/p>\n\n\n\n<p>\u201cMitsubishi UFJ Financial Group\u2019s (MUFG) Center of Excellence is leading intelligent automation efforts and driving digital transformation throughout our bank. We\u2019ve empowered our business units to propose automation opportunities, and their daily workloads have been reduced significantly. Our employees are happier, more satisfied, and empowered, all due to automation,\u201d said Yoshiaki Nishita, digital transformation division director at MUFG. \u201cKofax\u2019s Intelligent Automation platform has driven excitement, and more energy around further adoption and expansion of the program. In addition, our employee mindset is changing as well. They\u2019re no longer concerned automation will replace them. They see it as an extension of themselves. Ultimately it\u2019s become a fundamental shift in their thinking.\u201d<\/p>\n\n\n\n<p>In today&#8217;s digital ecosystem, the inability to fully integrate automation technology hinders the digital transformation ambitions of many organizations. Kofax solves this dilemma with an integrated AI-powered Intelligent Automation software platform that uses machine learning to transform unstructured and structured data into actionable information and insights. The platform&#8217;s embedded artificial intelligence enables automatic recognition of people and documents, an understanding of content within communications, and access of knowledge centers for better decision making.<\/p>\n\n\n\n<p>\u201cKofax\u2019s platform-centric approach to deliver interoperable Intelligent Automation technologies on one platform eliminates the friction and cost of managing multiple vendor technologies, procurements and vendor relationships,\u201d said Chris Huff, chief strategy officer at Kofax. &#8220;This accelerates time-to-value, increases ROI and lowers total cost of ownership of digital transformation initiatives.\u201d<\/p>\n\n\n\n<p>Specifically, the Kofax Intelligent Automation platform&#8217;s five key technologies include:  <\/p>\n\n\n\n<ul><li>Robotic Process Automation (RPA), to reliably automate routine, repetitive tasks<\/li><li>Cognitive Capture, to ingest and understand any document and its information via any channel and format<\/li><li>Process Orchestration, to drive successful outcomes by orchestrating multiple actions, people, software robots, policies and systems<\/li><li>Advanced Analytics, to provide visibility, process intelligence and insight to customers, employees, robots and business partners<\/li><li>Mobility and Engagement, to communicate and transact in efficient, effective and trusted ways with e-signature, facial recognition, multi-function printers <g class=\"gr_ gr_8 gr-alert gr_gramm gr_inline_cards gr_run_anim Punctuation only-ins replaceWithoutSep\" id=\"8\" data-gr-id=\"8\">and<\/g> devices as well as on-demand communications<\/li><\/ul>\n\n\n\n<p>\u201cVery few enterprises have industrialized their automation initiatives,\u201d said Saurabh Gupta, chief strategy officer at HFS Research. \u201cNearly 90 percent of these organizations want to get there in the next two to three years. Kofax has taken this opportunity head on with its Intelligent Automation platform strategy, which promises to address this industrialization.\u201d<\/p>\n\n\n\n<p><strong>Kofax Introduces Free Intelligent Automation \u2018Starter Pack\u2019<\/strong><\/p>\n\n\n\n<p>Existing Kofax RPA, Kofax Capture and Kofax TotalAgility customers can register to receive a free Intelligent Automation \u201cStarter Pack,\u201d consisting of production licenses of Kofax RPA, process orchestration, cognitive capture, analytics, communications generation and e-signature products. The Starter Pack allows customers to test drive the Intelligent Automation platform and map their automation journey. This extends the value of their current investment in Kofax solutions with access to complementary technologies, helping them discover the potential of Intelligent Automation to transform information-intensive business operations, such as new customer onboarding, claims processing, financial process automation and more.<\/p>\n\n\n\n<p>\u201cIf digital transformation\u2019s the destination, companies have to be prepared for the journey, intelligently automating end-to-end business operations at scale,\u201d Huff added. \u201cThe Kofax Intelligent Automation platform eliminates the pain that can accompany this process, while delivering on the promise of digital transformation, helping organizations work like tomorrow, today.\u201d<\/p>\n\n\n\n<p><strong>Kofax Marketplace Ecosystem Connects Companies with Pre-Built, Integrated Solutions<\/strong><\/p>\n\n\n\n<p>Launching in Q3 2019, Kofax&#8217;s marketplace ecosystem helps companies customize their automation journeys through a broad selection of solutions built on top of Kofax\u2019s Intelligent Automation platform. The Kofax marketplace provides a venue for Kofax\u2019s 20,000-plus customers and global community of more than 650 business partners to develop pre-built, best-in-class, low-code RPA robots, connectors and solutions harnessing Kofax Intelligent Automation platform\u2019s open architecture.<\/p>\n\n\n\n<p>A small sampling of Kofax marketplace solutions include:<\/p>\n\n\n\n<ul><li>A Kofax connector allowing customers to digitize handwriting as needed along a broader workflow using the Google Cloud Vision product<\/li><li>A Kofax integration with Microsoft Bot Framework that includes pre-configured industry\/vertical conversational AI use cases <\/li><li>A Kofax connector enabling customers to route digitized information to Box folders based on Kofax AI-powered document classification capabilities<\/li><\/ul>\n\n\n\n<p>\u201cWe\u2019ve been delivering Kofax platform solutions to enterprise customers globally for seven-plus years and are excited about the deliberate focus on a unified platform of capabilities moving forward,\u201d said Carlos Latourrette, CEO at Latourrette Consulting. \u201cWe believe strongly in the marketplace and will be positioning a conversational AI plus Kofax solution within it. We\u2019ve had several customers ask for this integration and the marketplace will allow an even broader audience to learn about it, leverage it, and extend the Kofax Intelligent Automation platform with conversational AI.\u201d<\/p>\n\n\n\n<p>###<\/p>\n\n\n\n<p><strong>About Kofax<\/strong> <br><a href=\"http:\/\/www.kofax.com\">Kofax<\/a> software enables organizations to Work Like Tomorrow\u2014today. Kofax\u2019s Intelligent Automation software platform helps organizations transform information-intensive business processes, reduce manual work and errors, minimize costs, and improve customer engagement. We combine RPA, cognitive capture, process orchestration, mobility and engagement, and analytics to ease implementations and deliver dramatic results that mitigate compliance risk and increase competitiveness, growth <g class=\"gr_ gr_11 gr-alert gr_gramm gr_inline_cards gr_disable_anim_appear Punctuation only-ins replaceWithoutSep\" id=\"11\" data-gr-id=\"11\">and<\/g> profitability. Kofax provides a rapid return on investment for over 20,000 customers in financial services, insurance, government, health care, supply chain, business process outsourcing <g class=\"gr_ gr_12 gr-alert gr_gramm gr_inline_cards gr_disable_anim_appear Punctuation only-ins replaceWithoutSep\" id=\"12\" data-gr-id=\"12\">and<\/g> other markets. Kofax delivers its software and solutions through its direct sales and services organization and more than 650 indirect channel partners and integrators in more than 60 countries throughout the Americas, EMEA <g class=\"gr_ gr_13 gr-alert gr_gramm gr_inline_cards gr_disable_anim_appear Punctuation only-ins replaceWithoutSep\" id=\"13\" data-gr-id=\"13\">and<\/g> <g class=\"gr_ gr_10 gr-alert gr_gramm gr_inline_cards gr_disable_anim_appear Grammar only-ins replaceWithoutSep\" id=\"10\" data-gr-id=\"10\">Asia<\/g> Pacific. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Irvine, CA (May 29, 2019) \u2014 Kofax, a leading supplier of Intelligent Automation software to digitally transform end-to-end business operations, today announced it has launched the industry\u2019s first Intelligent Automation platform and marketplace, advancing future-of-work initiatives for hyper-connected enterprises. The AI-enabled platform and marketplace ecosystem automate end-to-end business operations at scale, allowing digitally transformed organizations to harness automation to make customer, supplier and employee interactions more productive and gratifying. \u201cMitsubishi UFJ Financial Group\u2019s (MUFG) Center of Excellence is leading intelligent automation efforts and driving digital transformation throughout our bank. We\u2019ve empowered our business units to propose automation opportunities, and their daily workloads have been reduced significantly. Our employees are happier, more satisfied, and empowered, all due to automation,\u201d said Yoshiaki Nishita, digital transformation division director at MUFG. \u201cKofax\u2019s Intelligent Automation platform has driven excitement, and more energy around further adoption and expansion of the program. In addition, our employee mindset is changing as well. They\u2019re no longer concerned automation will replace them. They see it as an extension of themselves. Ultimately it\u2019s become a fundamental shift in their thinking.\u201d In today&#8217;s digital ecosystem, the inability to fully integrate automation technology hinders the digital transformation ambitions of many organizations. Kofax solves this dilemma with an integrated AI-powered Intelligent Automation software platform that uses machine learning to transform unstructured and structured data into actionable information and insights. The platform&#8217;s embedded artificial intelligence enables automatic recognition of people and documents, an understanding of content within communications, and access of knowledge centers for better decision making. \u201cKofax\u2019s platform-centric approach to deliver interoperable Intelligent Automation technologies on one platform eliminates the friction and cost of managing multiple vendor technologies, procurements and vendor relationships,\u201d said Chris Huff, chief strategy officer at Kofax. &#8220;This accelerates time-to-value, increases ROI and lowers total cost of ownership of digital transformation initiatives.\u201d Specifically, the Kofax Intelligent Automation platform&#8217;s five key technologies include: Robotic Process Automation (RPA), to reliably automate routine, repetitive tasks Cognitive Capture, to ingest and understand any document and its information via any channel and format Process Orchestration, to drive successful outcomes by orchestrating multiple actions, people, software robots, policies and systems Advanced Analytics, to provide visibility, process intelligence and insight to customers, employees, robots and business partners Mobility and Engagement, to communicate and transact in efficient, effective and trusted ways with e-signature, facial recognition, multi-function printers and devices as well as on-demand communications \u201cVery few enterprises have industrialized their automation initiatives,\u201d said Saurabh Gupta, chief strategy officer at HFS Research. \u201cNearly 90 percent of these organizations want to get there in the next two to three years. Kofax has taken this opportunity head on with its Intelligent Automation platform strategy, which promises to address this industrialization.\u201d Kofax Introduces Free Intelligent Automation \u2018Starter Pack\u2019 Existing Kofax RPA, Kofax Capture and Kofax TotalAgility customers can register to receive a free Intelligent Automation \u201cStarter Pack,\u201d consisting of production licenses of Kofax RPA, process orchestration, cognitive capture, analytics, communications generation and e-signature products. The Starter Pack allows customers to test drive the Intelligent Automation platform and map their automation journey. This extends the value of their current investment in Kofax solutions with access to complementary technologies, helping them discover the potential of Intelligent Automation to transform information-intensive business operations, such as new customer onboarding, claims processing, financial process automation and more. \u201cIf digital transformation\u2019s the destination, companies have to be prepared for the journey, intelligently automating end-to-end business operations at scale,\u201d Huff added. \u201cThe Kofax Intelligent Automation platform eliminates the pain that can accompany this process, while delivering on the promise of digital transformation, helping organizations work like tomorrow, today.\u201d Kofax Marketplace Ecosystem Connects Companies with Pre-Built, Integrated Solutions Launching in Q3 2019, Kofax&#8217;s marketplace ecosystem helps companies customize their automation journeys through a broad selection of solutions built on top of Kofax\u2019s Intelligent Automation platform. The Kofax marketplace provides a venue for Kofax\u2019s 20,000-plus customers and global community of more than 650 business partners to develop pre-built, best-in-class, low-code RPA robots, connectors and solutions harnessing Kofax Intelligent Automation platform\u2019s open architecture. A small sampling of Kofax marketplace solutions include: A Kofax connector allowing customers to digitize handwriting as needed along a broader workflow using the Google Cloud Vision product A Kofax integration with Microsoft Bot Framework that includes pre-configured industry\/vertical conversational AI use cases A Kofax connector enabling customers to route digitized information to Box folders based on Kofax AI-powered document classification capabilities \u201cWe\u2019ve been delivering Kofax platform solutions to enterprise customers globally for seven-plus years and are excited about the deliberate focus on a unified platform of capabilities moving forward,\u201d said Carlos Latourrette, CEO at Latourrette Consulting. \u201cWe believe strongly in the marketplace and will be positioning a conversational AI plus Kofax solution within it. We\u2019ve had several customers ask for this integration and the marketplace will allow an even broader audience to learn about it, leverage it, and extend the Kofax Intelligent Automation platform with conversational AI.\u201d ### About Kofax Kofax software enables organizations to Work Like Tomorrow\u2014today. Kofax\u2019s Intelligent Automation software platform helps organizations transform information-intensive business processes, reduce manual work and errors, minimize costs, and improve customer engagement. We combine RPA, cognitive capture, process orchestration, mobility and engagement, and analytics to ease implementations and deliver dramatic results that mitigate compliance risk and increase competitiveness, growth and profitability. Kofax provides a rapid return on investment for over 20,000 customers in financial services, insurance, government, health care, supply chain, business process outsourcing and other markets. Kofax delivers its software and solutions through its direct sales and services organization and more than 650 indirect channel partners and integrators in more than 60 countries throughout the Americas, EMEA and Asia Pacific.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[223],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/34723"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=34723"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/34723\/revisions"}],"predecessor-version":[{"id":34724,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/34723\/revisions\/34724"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=34723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=34723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=34723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}