Hyperscience has successfully transitioned from a cool VC-funded AI start-up into a mature IDP company. Its latest release offers end-to-end IDP for every document class: structured, semi-structured, and unstructured. On its current trajectory, we think Hyperscience can challenge Kofax and ABBYY for market leadership as measured by revenue.

Hyperscience tries to take a more human-centric approach to document automation than its peers by balancing and recognizing the need for human expertise rather than unrealistically claiming to or attempting to automate 100% of work activities. There is no question that this is a solid and highly advanced IDP platform.

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Work Intelligence Market Analysis 2024-2029