Dropbox drops another deal
This past week Dropbox made its second acquisition of 2022 when it bought forms vendor FormSwift. A few weeks earlier, it bought Boxcryptor, as its name suggests, a security/encryption vendor.
Document Processing
Announcing the IDP Market Report 2022-2026
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.
2022 Innovation Index Award Winners
We are genuinely excited to announce the 2022 years Innovation Index Award winners. As in past years, it’s a truly eclectic bunch who, in their unique way, caught us by surprise and gave us a wow moment.
Microsoft Syntex – How big a deal is this?
Was the recent Syntex announcement at Ignite 2022 the most significant Microsoft news drop since the launch of SharePoint in 2001?
Hyland CommunityLive 2022
Hyland took the plunge this year to return to an in-person (Nashville, TN) customer event. That decision was not an easy one to make. Many other tech firms have been struggling with the same decision-making process in the wake of the pandemic. But thankfully, it worked out well, and Community Live was well attended. So …
Hooked on Classics
How can a mature, mid-size IDP classic player compete with the shiny new AI-first stories? Their AI pitches are threatened with oblivion, overwhelmed by the capital-infused buzz created by the flashy start-ups with those huge sales and marketing budgets.
Kofax buys Ephesoft: The Prodigal Son Returns.
With the explosion of new vendors and investment coming into IDP, we think the market will hardly notice the merger. There is so much new business now that IDP has become intelligent. The best is still ahead.
Laiye acquires Mindsay – And why it matters…..
So, in summary, Laiye is a new and earnest player to contend with. One we will continue to watch with great interest over the next few years.
5 New Reports Available
Our website recently published five new vendor-specific reports (Vendor Vignettes in Deep Analysis parlance). And we have many more in the works that we plan to publish in late September.
The IDP Industry’s First 100% Accuracy Claim: Truth or Hype?
Last week one press release made a claim that almost broke our skeptimeter. The headline claimed “industry-first 100% accuracy offering for document processing.”
5 Years of Deep Analysis & Market Shifts
It’s hard to believe that I founded Deep Analysis five years ago (almost to the day). It’s hard to believe we made it this far and that we are looking forward to the next five. But maybe what is hardest to grasp is just how much our industry has changed over these past few years. …
Info Mangt & Automation – May 2022 M&A Roundup
At Deep Analysis, we undertake technical and market due diligence for Private Equity, Investment Banks, and Vendors looking to acquire. Hence we keep a close eye on what is happening in the broader Information Management and Enterprise Automation market. May, except for the massive Kofax deal (our analysis here), has been relatively quiet, but a few deals this month did catch our attention….
When RPA Met BPM: Post-Acquisition News from Blue Prism
This was a bullish briefing from Blue Prism. SS&C paid $1.65 billion, so we expected nothing less than a moon shot effort. Of course, the proof will be in the pudding, as a lot of product integration promises were made and there is still much work to do here. It’s also hard to imagine that this is the last acquisition SS&C will make. Will the portfolio grow even further with a process intelligence/mining addition on the horizon?
Kofax Acquired – Again
So to nobody’s surprise, Kofax’s owners, Thoma Bravo, announced that it had sold the company to Clearlake Capital and TA Associates this past week. At the time, the asking price was circa $3B, and something a little north of that seems to have been the final sale price.
Info Management M&A Roundup March 2022
Every month or two, we do a quick round-up of the deals in the Information Management and Automation sector that caught our eyes. So much activity is a sign of health and strength in the industry.
An Intelligent Legal Week
egal tech appears to be ‘crossing the chasm’ to use a somewhat tired cliche. All in all, that is a good thing, but with that shift comes as many challenges as it does opportunities. We will be exploring many of these over the coming months, and we very much welcome any feedback (as long as it’s polite!).
Has Intelligent Document Processing crossed the chasm?
IDP (AI-powered document capture/OCR) is about to cross the venerable chasm and enter the main street of B2B purchasing. And the charge is being led not by the legacy IDP vendors, but by the upstarts.
Google & Document Capture?
We thought it about time that we took a good look at Google Document AI; the household names foray into the world of Document Capture. Call it Cognitive Capture, Capture 2.0, or Intelligent Document Processing (IDP), this once sedate and glacially moving sector has taken off in the past few years at a rate that …
2021 Deep Analysis Pick of the Pops
analyst notes we published at Deep Analysis in 2021? There are 89 in total! As the writers of this research, we have our personal favorites, but we thought it would be fun to just pull the numbers and see what were your favorites – remember our research is open source so anyone can access it from anywhere. That said I would never have guessed the following would have been the most popular reports of 2021 in a million years 🙂
The grunt work of Digital Transformation just got easier
TWAIN Direct’s ultimate goal is connecting devices directly to the software app, completely removing the PC from the middle. That’s really important to the new wave of cloud developers; it abstracts the proprietary hardware layer and replaces all the other confusing scanner connectors. Plus it’s free to any developer.