ABBYY Announces Key Milestones and Achievements in Second Quarter of 2018

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ABBYY Releases Corporate Highlights for Q2 2018

July 26, 2018

For ABBYY®, a global provider of content intelligent solutions and services, the second quarter of 2018 was packed full of new releases, events, and activities. With the growing demand for robotic process automation and digital transformation technologies, ABBYY continues to provide its partners and customers with top-of-the-line solutions improving their business outcomes. This digest contains a few highlights of Q2 2018.

Product News

ABBYY Launches Text Analytics for Contracts

On April 26, ABBYY launched Text Analytics for Contracts, a software SaaS solution that automatically discovers insights from contracts and leases to speed up risk mitigation, obligation analysis, and content migration. Using the service, businesses can accelerate time-to-value and successfully implement their contract lifecycle management, robotic process automation, and digital transformation strategies. Learn more ›

ABBYY Introduces FineReader Engine 12

ABBYY released FineReader Engine 12, a new version of the software development kit that allows businesses to integrate text recognition, PDF conversion, and data capture functionalities into software applications running in the cloud, on premises or virtual machines. FineReader Engine 12 enables businesses to broaden the spectrum of software applications and services they offer using modern cloud platforms like Amazon AWS and Microsoft Azure. Learn more ›

Now Free, TextGrabber for iOS Receives Real-Time Translation

In June, ABBYY launched TextGrabber for iOS with Real-Time Translation capabilities. The application now translates text in real time online and offline and is free to download with a premium subscription for a number of features. The revamped TextGrabber instantly captures text in 61 languages and translates it in real time to 104 languages online and 10 languages offline. Learn more ›

Partnership News

ABBYY Extends Partnership with Panasonic USA

ABBYY inked a new deal allowing Panasonic to bundle its award-winning document conversion software, ABBYY FineReader 12 Sprint with Panasonic desktop document scanners. Both companies have been working together for many years with the goal of customer convenience at the core of their collaboration. The new agreement allows Panasonic customers to enjoy faster and better ways to work with Panasonic scanners using ABBYY’s all-in-one FineReader technology. Learn more ›

ABBYY Announces Partnership with Lifeboat Distribution in Americas, Benelux

In February, ABBYY announced the partnership with Lifeboat Distribution, a value-added distributor, providing supply chain services and connecting software publishers with resellers around the globe. The company started distributing ABBYY FineReader and ABBYY Recognition Server in the United States, Canada, and Mexico. In June, the partnership was extended to include the countries of the Benelux. Learn more ›

Industry Events

ABBYY Showcases Powerful AI for Documents at AI Summit London

This year, ABBYY was a proud sponsor of The AI Summit London, one of the world’s biggest AI events for business. At the conference that brought together about 4,500 delegates, ABBYY Chief Innovation Officer Anthony Macciola delivered a keynote on content intelligence and how enterprises can leverage it to better understand their customers. Learn more ›

ABBYY Business Exchange Europe Highlights Transformative Potential of Content Intelligence

In June, 140 ABBYY partners and customers in Europe gathered in Madrid to learn about digital transformation and how content intelligence is creating new opportunities. The participants examined the factors driving large organizations to re-architect their business processes and adopt new digital transformation strategies. Special thanks to M-Files and UiPath for their contribution. Learn more ›

ABBYY Demonstrates How to Speed up Processes with AI at PegaWorld 2018

At PegaWorld 2018 in Las Vegas, ABBYY demonstrated how critical content and data are to driving decisions and accelerating processes within the Pega ecosystem. The event offered a tremendous opportunity to engage with leading financial services, insurance, healthcare, manufacturing, and transportation companies and to demonstrate how ABBYY’s mobile, AI, and content intelligence services are driving competitive advantage and creating new revenue opportunities. Learn more ›

New Research Studies and Analyst Reports

Two-Thirds of UK Employees Want to Delegate Work to Robots

This quarter, ABBYY released the findings of the new research study commissioned in the UK. 1,200 British office workers voted on whether or not they would be comfortable outsourcing tasks to AI and which tasks that would be. The results are in: 63% of UK employees would like to delegate the tasks they hate to robots. Learn more ›

The new report by AIIM Industry Watch is available to download free of charge: “The State of Intelligent Information Management”

New White Papers

AIIM and ABBYY e-book “Information Privacy and Security. GDPR is Just the Tip of the Iceberg” by John Mancini and Andrew Pery

Aragon Research and ABBYY White Paper “Conquer GDPR by Leveraging Policy and Technology: Intelligent Content Analytics to the Rescue”

White Paper “ABBYY Text Analytics for Contracts. Connecting Business Documents to Business Value”

E-Book “Working More Productively with Legal Documents. ABBYY FineReader”

Trending on ABBYY Blog

Talking to Robots

Ever wondered how banks and other financial institutions can accelerate digital transformation by speaking the right language to robots? You can ask ABBYY’s Carl Hillier or simply read his article on ABBYY Blog ›

Data, Data Everywhere, but Not Enough to Use

In the last 15 years, various companies have produced a huge amount of data; yet extracting business value from this data still poses the toughest challenge to businesses trying to be more efficient or just to compete in the marketplace. Learn more

The Sky’s the Limit for Document Capture Software Vendors

A series of reports published in May not only forecast dizzying growth for document capture software market worldwide but also predict that, in the near future, the solution will be a must-have tool for businesses everywhere. Learn more ›

Upcoming Events

Intelligent Automation Week, Chicago, USA

July 30 – August 2, 2018

Join ABBYY at this year’s Intelligent Automation Week in Chicago! Don’t miss out on the gamut of intelligent automation technologies including cognitive, machine learning, AI, and more with 400+ executives across all industries. Click here for details ›

ABBYY Technology Summit 2018, Las Vegas, USA

October 10-12, 2018

Join us this October for ABBYY’s 6th Annual Technology Summit at the Cosmopolitan hotel in Las Vegas. You will take a deep dive into the impact RPA is having on intelligent capture, discussions about the market opportunities around content intelligence, and industry shifts related to intelligent capture. The event will feature keynotes by Toby Bell, a global technology executive, strategic consultant, analyst, and researcher, and Sarah Burnett, Research Vice President at Everest Group. You will also have the opportunity to meet the engineers behind our game-changing products and network with other power players and thought leaders. Register now ›

To stay on top of the latest content intelligent products, solutions, and resources from ABBYY, subscribe to receive the ABBYY Corporate News Digest by emailing [email protected] .

About ABBYY

ABBYY is a global leader in content intelligence solutions and services. ABBYY offers a complete range of AI-based technologies and solutions transforming business documents and content into business value. By providing digital transformation solutions to financial services, insurance, transportation, healthcare and other industries, the company helps organizations achieve the next wave of growth by understanding customers and delivering responsive real-time intelligent systems. The flexibility of ABBYY AI solutions enables customers to utilize a diverse range of advanced technologies, platforms and solutions for classification, text analytics, data and entity extraction, and data validation via any communication channel and in any format. ABBYY technologies are used and licensed by some of the largest international enterprises and government organizations, as well as SMBs and individuals. The company maintains offices in Australia, Canada, Cyprus, France, Germany, Japan, Spain, Taiwan, UAE, the UK, Ukraine, and the United States. For more information, please visit www.abbyy.com/company .

ABBYY and the ABBYY Logo are either registered trademarks or trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.

ABBYY Editorial Contact:

Gina Ray, APR

+1 949-370-0941

[email protected]

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