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.
Intelligent Process Automation
6 New Reports – Nov 2022
Today we released yet another batch of research reports, Vendor Vignettes. These short reports are, in essence, a vendor product or service review.
Why we need to automate our automation choices, and why we often don’t.
Those who know me well will know that I’m a massive public transport nerd outside my weekday life. Avoid me at parties, but specifically because I’ll end up talking about this. It’s not the trains. It’s more about networks and their interconnectivity, how these networks have grown over time, often through accident rather than design, and how their development tracks against our collective social history.
Box Works 2022 Report
Unlike the past two years’ flurry of game-changing product announcements such as Box Sign, Box Shield, Box Governance, and Box Shuttle, Box Works 2022 was short on “new” and long on “we’re now in GA with all the stuff we said we would do”. This will be good news for Box’s enterprise license customers who seem eager to deploy the new tools.
RPA & Recession
Technology that automates repetitive tasks and cost-cutting go hand in hand, so with a looming recession, it’s logical to expect RPA tools to do well. Overall, they are doing well, but in recent conversations with buyers, systems integrators, and resellers, things are not going as well as they should be.
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. …
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?
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.
Microsoft Ignite: a good old fashioned product conference for the new age
Ignite was a vast digital event befitting of the newly-crowned world’s most valuable public company, with a dizzying array of product announcements rolled out around the main theme of making hybrid work the new normal. Here are some very brief highlights…
Hoisted on its own (AI) petard – Zillow’s bad week
Does the Zillow algorithm fail have larger meaning for AI? Some tech pundits have used this story to rail against the blind adoption of AI by businesses or to preach against the sins of replacing human wisdom with AI bots. After reading a few posts, you’d be forgiven for thinking this could be the beginning of the end for evil AI. At Deep Analysis, we thoroughly disagree with the fearmongers and naysayers.
Hyland and the heavyweight fight ahead
There is a boxing match this week between Tyson Fury and Deontay Wilder. But there is another equally heavyweight match lining up between Hyland and OpenText.
June Deals and Box – Our Thoughts
July has now kicked off with a bang or punches, depending on your viewpoint. Box put its boxing gloves on and smacked back hard at activist investor Starboard (the link here is well worth a read!), and Dutch firm IPRO acquired veteran eDiscovery vendor ZyLAB.
Reframing Deep Learning
Move over, machine learning, here come the deep learning algorithms. We predict that deep learning models will disrupt the status quo of document classification over the next 12 – 24 months, as customers discover that they can train an AI classifier with as few as five samples and deploy it in a matter of hours. Without the need for Amazon, Google, Microsoft, or IBM, and without the traditional massive compute costs and data sets associated with Deep Learning to date. Time will tell if we are right or not, but change is on the horizon.
Mobius & UIPath take off – Our Thoughts
All in all quite month of activity, but all of course, overshadowed by the UIPath IPO. It will be interesting to see how this impacts the enterprise automation market in the short and long term. Undoubtedly some of the money raised, possibly much of the money, will go toward multiple acquisitions.
SAP Buys Signavio – Our Thoughts
Today SAP announced that it is to acquire process intelligence vendor Signavio for $1.2B. Considering Signavio’s revenues were around $100m, and it had raised almost $230m in funding, that’s a high price to pay. But is such a high price justified, and why would SAP contemplate paying so much in the first place?
Is Cognitive Capture the next RPA?
Few saw the potential impact that RPA would have on the market, though many practice a form of revisionism to claim that they did. The fact is that most ‘experts’ saw RPA as a flash in the pan that would have little impact on a mature, stable, and lucrative BPM market. The experts were wrong; …
2021 is Just Around the Corner
2021 is now just around the corner, and Information Management is in for a big year of change, disruption, progress, and innovation; that’s not a prediction, it’s a promise.
2021 – The Year of Business Analysis?
But without a sense of reality, the willingness to do some hard work, and a recognition of the need for human expertise to understand what’s going on and what you need, then they will not work. 2021 should be the business analyst’s year, the process analyst year.
The Long Overdue RPA Market Consolidation Takes Off
The RPA/DPA world is now righting itself. There’s a clear trend, as these three important process automation and/or content management vendors made RPA acquisitions in the past seven months, while showing how it can be done