{"id":60320,"date":"2024-05-23T08:39:56","date_gmt":"2024-05-23T15:39:56","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=60320"},"modified":"2024-05-23T08:39:59","modified_gmt":"2024-05-23T15:39:59","slug":"infosource-releases-report-on-leading-sw-vendors","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2024\/05\/infosource-releases-report-on-leading-sw-vendors\/","title":{"rendered":"Infosource Releases Report on Leading SW Vendors"},"content":{"rendered":"\n<p><em>Geneva, Switzerland (May 22, 2024)<\/em> \u2013 Infosource Software has released its annual ranking of the leading vendors in the Capture &amp; IDP SW market. The 2024 Global Capture &amp; IDP Software Vendor Matrix Report features more than 20 vendors which are ranked on a combination of their Strategy and Capabilities (Y-axis) and Execution in the Market (X-axis).<\/p>\n\n\n\n<p>Capture &amp; IDP SW is designed to acquire, classify, and convert unstructured and semi-structured information into enhanced usable data for business transactions, analytics, records management, discovery, and compliance applications. Historically, Capture relied on OCR, templates and other manually intensive techniques, but the introduction of AI over the past decade has transformed the industry.<\/p>\n\n\n\n<p>In today\u2019s Capture &amp; IDP market, the use of AI is table stakes. How vendors are leveraging AI is an important aspect Infosource considers in its Strategies and Capabilities ratings. For Execution, factors like size and geographical penetration of a vendor\u2019s customer base and the strength of their partnerships are considered.<\/p>\n\n\n\n<p>Our Matrix contains four categories of vendors:<\/p>\n\n\n\n<ul><li>Stars \u2013 market leaders<\/li><li>Disruptor \u2013 stronger in Strategy and Capabilities<\/li><li>Competitor \u2013 stronger in Execution<\/li><li>Explorer \u2013 early in journey<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"495\" height=\"356\" src=\"https:\/\/www.enxmag.com\/twii\/wp-content\/uploads\/2024\/05\/Infosource.png\" alt=\"\" class=\"wp-image-60321\" srcset=\"https:\/\/www.enxmag.com\/twii\/wp-content\/uploads\/2024\/05\/Infosource.png 495w, https:\/\/www.enxmag.com\/twii\/wp-content\/uploads\/2024\/05\/Infosource-300x216.png 300w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/figure>\n\n\n\n<p>As competition in the market becomes more intense, and new vendors continue to enter the space, seven ISVs achieved Star status. ABBYY, IBM, and OpenText carried over from last year, with Hyland, Microsoft, Tungsten Automation, and UiPath all moving up by strengthening their strategies and\/or execution.<\/p>\n\n\n\n<p>The 2024 Global Capture &amp; IDP Vendor Matrix Report features an expanded profile of each vendor, including an analysis on each of nine criteria used to establish their ranking. If you are interested in more information or purchasing a full copy of the report, please contact <a href=\"mailto:rg@info-source.com\">Ralph Gammon<\/a>, senior analyst, Infosource Software. <\/p>\n\n\n\n<p>###<\/p>\n\n\n\n<p><strong>About Infosource<\/strong><br><a href=\"https:\/\/www.info-source.com\/\">Infosource<\/a> is a global analyst firm headquartered in Geneva, Switzerland. Its\u202fworldwide\u202fteam of analysts covers the office automation market including printing and scanning hardware and Capture &amp; IDP software. Infosource Software provides in-depth analysis and guidance involving solutions used to automate business processes involving unstructured and semi-structured business inputs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Geneva, Switzerland (May 22, 2024) \u2013 Infosource Software has released its annual ranking of the leading vendors in the Capture &amp; IDP SW market. The 2024 Global Capture &amp; IDP Software Vendor Matrix Report features more than 20 vendors which are ranked on a combination of their Strategy and Capabilities (Y-axis) and Execution in the Market (X-axis). Capture &amp; IDP SW is designed to acquire, classify, and convert unstructured and semi-structured information into enhanced usable data for business transactions, analytics, records management, discovery, and compliance applications. Historically, Capture relied on OCR, templates and other manually intensive techniques, but the introduction of AI over the past decade has transformed the industry. In today\u2019s Capture &amp; IDP market, the use of AI is table stakes. How vendors are leveraging AI is an important aspect Infosource considers in its Strategies and Capabilities ratings. For Execution, factors like size and geographical penetration of a vendor\u2019s customer base and the strength of their partnerships are considered. Our Matrix contains four categories of vendors: Stars \u2013 market leaders Disruptor \u2013 stronger in Strategy and Capabilities Competitor \u2013 stronger in Execution Explorer \u2013 early in journey As competition in the market becomes more intense, and new vendors continue to enter the space, seven ISVs achieved Star status. ABBYY, IBM, and OpenText carried over from last year, with Hyland, Microsoft, Tungsten Automation, and UiPath all moving up by strengthening their strategies and\/or execution. The 2024 Global Capture &amp; IDP Vendor Matrix Report features an expanded profile of each vendor, including an analysis on each of nine criteria used to establish their ranking. If you are interested in more information or purchasing a full copy of the report, please contact Ralph Gammon, senior analyst, Infosource Software. ### About InfosourceInfosource is a global analyst firm headquartered in Geneva, Switzerland. Its\u202fworldwide\u202fteam of analysts covers the office automation market including printing and scanning hardware and Capture &amp; IDP software. Infosource Software provides in-depth analysis and guidance involving solutions used to automate business processes involving unstructured and semi-structured business inputs.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/60320"}],"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=60320"}],"version-history":[{"count":1,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/60320\/revisions"}],"predecessor-version":[{"id":60322,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/60320\/revisions\/60322"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=60320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=60320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=60320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}