Over-reactions to technology stories that gain mainstream traction are not unusual (nor is the desire to grift for personal benefit from the event, sadly), but what sets this cycle apart is the relative accessibility of the technology coupled with the extreme nature of the reaction.
Foundational Large Language Models (LLMs) are now widely available to developers and – just as importantly – are now economically feasible for business applications. This marks the beginning of the 4th Wave of IDP.
The third episode of the second season of the Deep Analysis podcasts went live this week; Data Fabrics, Generative AI being helpful on your desktop and another Alan-based travelogue.
Information Management is facing an existential crisis. In this first of three posts we consider what Information Management is….
We’re at the very beginning of the announcement cycle for GPT integration with IDP. Some vendors are all-in on GPT, while others take a more cautious approach. From a trickling stream in April, we expect the PR will soon become a raging torrent of Class IV rapids as the huge snow mass melts. Time to “buckle up, buttercup”.
There is one challenge no startup should ever have to face: just when the product is ready to launch, a devastating war breaks out in the country. This was (and is still) the incredible challenge confronting RaccoonDoc, an IDP startup from the Ukraine.
It’s perhaps natural at this phase to be overly concerned with the mechanics of how to engineer generation, rather than question what is being generated. Once that begins to be questioned, then it is naturally the legality and efficacy that follows, the nature of originality and composition fall far further down the list.
OpenAI and its ilk are defined as LLM systems, but they are not; they are gigantic and generic, and the word ‘large’ doesn’t go close to describing them. It’s not just a matter of semantics; LLMs often deliver the most value when they are large enough but not too large.
Add to this the fact that Cloud is now the preferred option; the legal tech world has transformed itself over just a few pandemic years and looks set for more significant technology adoption in the coming years.
Invoice processing with… Bing? Hyperscience up, ABBYY down. And the beginning of the end for Capture.
Today UiPath announced a comprehensive rebrand and shifted its strategy away from its traditional focus on RPA and into the broader enterprise automation space—few firms of this size ($1B+) attempt such a feat. But we say hats off to them, as not only is the shift in focus a sensible one for UiPath itself, it …
It’s great to see firms like Botminds recognizing and supporting an ever wider number of human languages. We hope to see more and more follow suit over time but let’s not fool ourselves that this is a soon-to-be-solved problem. It has many layers, and our industry doesn’t seem to be in a rush to address them.
At Deep Analysis, we keep up with the pace of knowledge management innovation, so you don’t have to. To the IT mainstream, KM has long been an esoteric corner where it’s difficult to pin down the actual business value – and that has held back enterprise adoption. That’s about to change with the rise of the LLM.
I subpoenaed ChatGPT to testify in its own words if or how it can help IDP. Here is its testimony, verbatim.
You knew that, sooner or later, an IDP marketer would jump at the chance to be affiliated with the incredible buzz surrounding the most exciting AI news story of the 21st century.
40% of users have abandoned a digital onboarding process after an ID verification fail. If that figure is even half-right, a huge amount of potential sales are missing from any business with dodgy Proof of Identity solutions.
Settle down, grab a cup of tea, put your feet up, and have a good long read of what we believe to be excellent and timely industry research.
This week we published our Enterprise Search and KM Market Forecast. It’s a niche market, though at $2.6B, not insignificant, and there has been little analyst coverage over recent years.
Predictions are fun to write and must always be taken with a grain of salt; even so, they always look much more authoritative and impressive when put into the chart form. So we did that.
Intelligent document processing (IDP) software is an essential component of digital transformation projects. Our report gives a comprehensive overview of market size, forecasts, vendors and buying tips.
