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FortressIQ Launches Process Intelligence Foundation PlatformSAN FRANCISCO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- FortressIQ, the process intelligence platform for the modern enterprise, today announced its process intelligence foundation platform. By leveraging AI and computer vision, this comprehensive solution creates a detailed blueprint of digital processes across all applications and departments within an organization. By capturing data at scale across the enterprise, the Process Intelligence platform is able to provide context and meaning behind all your organizational process data. The FortressIQ Process Intelligence platform will allow organizations to be better prepared for their transformation initiatives and ensure success. According to studies conducted by McKinsey and Forbes, 70% of digital transformation projects fail, with $900B being wasted. In order to mitigate digital transformation failure or delay, successful next generation enterprises will need to:
Today’s organizations have more data than ever before at their disposal, and the pressure is on to become more data-driven and shift away from operating based on intuition and siloed data. However, many companies struggle with how to mine process data from every part of the organization and paint a complete picture of how processes are actually being run. In order to make effective decisions, enterprises need all of their process data at their fingertips. FortressIQ’s process intelligence platform allows organizations to put process data at the center of every decision by collecting, aggregating, and cleaning their data to generate a centralized system of record for work that was not technically or economically feasible to create until now. “The FortressIQ process intelligence platform provides unique value by giving companies access to data and insghts that will fuel their success and help them realize their business transformation goals,” said Pankaj Chowdhry, CEO at FortressIQ. “This system of record for work lets organizations leapfrog the competition by giving them knowledge of exactly how they operate. When companies, and employees, can see the data, they can see the possibilities.” FortressIQ is bringing process data to every employee, interaction, and decision:
By using AI and Computer Vision, FortressIQ unlocks the limitless potential of the global workforce to fuel intelligent automation, value engineering, process redesign, system optimization, and employee experience; all outcomes that will fuel the next generation of digital transformation. Supporting quotes “Developing an effective AI and automation strategy is essential for every modern enterprises’ success,” said Ben Nabulsi, process data scientist at dentsu. “Using FortressIQ’s Process Intelligence platform, just two of our data analysts were able to document and capture 2,200 processes in only five months. Based on this data, we were able to make decisions that had a significant positive impact on our workforce and its level of productivity.” For more information, please visit: https://www.fortressiq.com/solution/ About FortressIQ Media Contact 1 451 Research, part of S&P Global Market Intelligence, A Data-Driven Approach to Intelligent Process Automation, January, 2021
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