Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

StatCounter - Free Web Tracker and Counter
marketing-technology-insights-logo

ABBYY Launches AI Labs for Advanced Document Automation

ABBYY Launches AI Labs for Advanced Document Automation

ABBYY has established AI Labs across the United States, Hungary and India to accelerate development of purpose-built AI for intelligent document processing and process automation. The teams of innovators are creating transformative solutions that redefine industry standards for reliable AI and enterprise security and compliance, capitalizing on new market possibilities driven by agentic AI and the need for more developer-friendly experiences.

Marketing Technology Insights: Aspire Launches CreatorStores for Enhanced Brand Revenue

Sanjay Nichani, Vice President, AI & Computer Vision who leads the ABBYY AI Labs reporting to Patrick “PJ” Jean, CTO/CPO of ABBYY, commented, “Our proprietary datasets, AI platform and model research and development combined with our deep domain knowledge create foundational intellectual property that will significantly enhance our core solutions and enable expansion into adjacent enterprise applications. We’re building upon decades of leadership in OCR, machine learning, computer vision, and natural language processing, while extending innovations in AI with our industry expertise. This integrated approach powers next-generation multimodal models to deliver more robust, consistent outcomes that transform business processes.”

IDC estimates that the intelligent process automation market (IPA) will reach $102 billion by 20281 with OCR and intelligent document processing (IDP) being the fastest growing segments. The new document AI and process intelligence technologies and solutions coming out of the ABBYY AI Labs will enable the company to maintain its leadership position and aggressively compete in the IPA market with new solutions expected to be released during the second and third quarters of 2025.

Marketing Technology Insights: Audiense Joins LinkedIn Partner Program for Enhanced B2B Insights

Furthermore, a recent SlashData survey concluded that more than half of developers who use AI (53%) are using it to add AI functionality to applications through third-party APIs and open-source models, or to create AI models by using data to customize, build, train, or fine-tune AI models2.

ABBYY banner

“The developer experience is a crucial aspect of our product strategy,” added Nick Hyatt, Vice President, Engineering R&D, reporting to PJ. “The underlying IP and technology Sanjay is building from the AI Labs is the future to improving how businesses can leverage AI and LLMs within their organization to fast-track new applications and capabilities. Our teams look forward to making next-generation ABBYY AI easier to consume with modern APIs and developer tools.”

Concluded PJ, “All too often we hear from customers that they are missing ROI targets and needing to adjust expectations due to hallucinations, unpredictability, and costly models. Our focus at the AI Labs is predictability, compliance, and effectiveness, making it easier for developers to consume document AI and deliver value to their organizations faster.”

Marketing Technology Insights: Humann Enhances Customer Experience With Talkdesk Ascend AI

For media inquiries, you can write to our MarTech Newsroom at news@intentamplify.com

Share With
Contact Us
StatCounter - Free Web Tracker and Counter