Singularity Systems Named a Star Performer in Everest Group’s Intelligent Document Processing (IDP) Peak Matrix Assessment 2022 – PR Newswire

Posted: May 17, 2022 at 6:42 pm

...a Star Performer in the IDP market, one of only four vendors from a total field of 36, to achieve this distinction...

"We are proud to repeat as a Top Contender in the annual report, and our Star Performer recognition illustrates the success of Singularity Systems in meeting the demanding IDP needs of a large variety of enterprise organizations, including those in Financial Services, Banking, Insurance, Manufacturing, Energy and Healthcare."

Leaders of automation programs eager to find an IDP solution seek three critical capabilities delivered by the company's platform, SinguAI:

"Singularity Systems' SinguAI platform is capable of processing structured, semi-structured, and unstructured documents and complex data types including borderless tables, grouped fields, and low-quality images," said Ashwin Gopakumar, Practice Director, Everest Group. "Its investments in distinctive capabilities, such as its Intelligent Data Simulator, AI Pathfinder, and transfer learning, combined with its rapid growth in the market have helped Singularity Systems emerge as a Star Performer and Major Contender on Everest Group's Intelligent Document Processing (IDP) PEAK Matrix Assessment 2022."

Click here to obtain a complimentary copy of the report courtesy of Singularity Systems.

Everest Group defines Intelligent Document Processing (IDP) as any software product or solution that captures data from documents (e.g., email, text, PDF, and scanned documents), categorizes, and extracts relevant data for further processing using AI technologies such as computer vision, OCR, natural language processing (NLP), and machine/deep learning. These solutions are typically non-invasive and can be integrated with internal applications, systems and other automation platforms. Adoption of IDP solutions can help enterprises achieve cost savings, improve their workforce productivity and enrich the employee and customer experience.

About Singularity Systems

With its world-class team of scientists and developers, Singularity Systems has pioneered new AI techniques that have modernized and democratized intelligent document processing. The company provides SinguAI, an Artificial Intelligence platform enabling enterprises to transform their raw data into actionable insight. Enterprise leaders use SinguAI to efficiently convert high-volume unstructured content into machine-readable data, enabling real-time decision-making and powering improvements in customer experience and operational agility. Serving a global customer network of top-tier organizations in banking, insurance, healthcare, energy, and other data-intensive industries, Singularity Systems is headquartered in Princeton, NJ's Einstein's Alley.

SOURCE Singularity Systems Inc.

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Singularity Systems Named a Star Performer in Everest Group's Intelligent Document Processing (IDP) Peak Matrix Assessment 2022 - PR Newswire

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