Everest Group Names Datamatics as a 'Star Performer' & 'Major Contender' in the Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2021
Datamatics, a global Digital Solutions, Technology and BPM Company, today announced that it has been recognized as a 'Major Contender' and 'Star Performer' in Everest Group's PEAK Matrix for Intelligent Document Processing for its product TruCap+. The report is authored by Anil Vijayan, Ashwin Gopakumar, Samikshya Meher, Shiven Mittal, Utkarsh Shahdeo. The report assess 27 leading technology vendors in terms of their IDP product's vision & capability and market impact and categorize them into Leaders, Major Contenders, Aspirants, and Star Performers.
Datamatics has been recognized for TruCap+ for the third consecutive year. TruCap+ is an AI-enabled Intelligent Document Processing (IDP) product that allows enterprises to realize faster time-to-value and achieve greater Straight-Through Processing (STP) with accuracy.
Key findings about TruCap+ in the Everest report:
"Datamatics recognition as a 'Star Performer' indicates our significant investments steady growth in the IDP space. Last year, we launched a new version of TruCap+ which is template-free, cloud based and with pre-built AI/ML capabilities enabling business users to quickly achieve document automation," said Mitul Mehta, SVP & Head, Marketing & Communications, Datamatics. "We are proud to be named as Star Performer and Major Contender on Everest Group's PEAK Matrix® for IDP software products in 2021."
To know more about TruCap+, visit https://trubot.datamatics.com/platform/trucap-datacapture-ocr
Everest Group is a consulting and research firm focused on strategic IT, business services and engineering services. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products & solutions within various market segments.
Download a custom version of the report: https://www.datamatics.com/resources/analyst-reports/everest-group-peak-matrix-for-idp-technology-vendors-2021
Datamatics (BSE: 532528 | NSE: DATAMATICS) provides intelligent solutions for data-driven businesses to increase productivity and enhance the customer experience. Datamatics portfolio spans across ITS, BPM, Engineering Services and Big Data & Analytics all powered by AI. It has established products in RPA, IDP, BI and AFC. Datamatics has presence across 4 continents with major delivery centers in the USA, India, and Philippines.