ABBYY text scanning software reports revenue growth in 2017
|Richard Harris in Artificial Intelligence Tuesday, February 20, 2018|
Enterprise automation and digital transformation technologies company announces 25 percent YOY growth.
ABBYY’s growth goes hand in hand with the expanding digital transformation, artificial intelligence (AI) and robotic process automation (RPA) markets. International Data Corporation (IDC) forecasts worldwide spending on digital transformation technologies to reach $1.3 trillion in 2018 and maintain a strong pace of growth over the next five years. Gartner sees AI as the most disruptive class of technologies that will give an unprecedented competitive edge to businesses over the next 10 years. According to Forrester, the AI market will increase tenfold to reach $29 billion by 2020, while the RPA market will double to $2.4 billion. McKinsey predicts that by 2036 close to 50% of business processes will be automated.
“Businesses understand to survive in today’s markets, where customers have the expectation of now, they need to change. ABBYY’s AI-based intelligent capture platforms and solutions help them go through digital transformation and robotic process automation as effortlessly as possible. This is why we see a growing interest in our product portfolio,” comments Ulf Persson, ABBYY CEO. “Enterprise clients use our technologies to accelerate the onboarding and decision-making processes, manage risks and extract meaningful insights from large amounts of unstructured data.”
In 2017, ABBYY went through a series of organizational changes. Ulf Persson became the CEO in January 2017, after serving as a member and the Chairman of ABBYY’s Board since 2002. As CEO, he created a new global management structure, which by the end of 2017 integrated all 16 offices in 13 countries. Several new functions were created, and a Chief Innovation Officer was recruited. The new model serves the needs of the company’s business across the globe, helps to maintain a unified brand and reinforces its focus on providing innovations in content intelligence for the digital transformation market.
Ray Kurzweil, the prize-winning author, and scientist says that artificial circuits replicating themselves at a molecular level will merge with the biological circuits that constitute our nervous systems, giving rise an "enhanced" human super-intelligence. Once this starts happening, what we now call the Internet will in effect become telepathic, giving these enhanced humans instantaneous access to all available knowledge and information as they fashion their brave new world.
Are you paying more taxes than you have to as a developer or freelancer? The IRS is certainly not going to tell you about a deduction you failed to take, and your accountant is not likely to take the time to ask you about every deduction you’re entitled to. As former IRS Commissioner Mark Everson admitted, “If you don’t claim it, you don’t get it.
Write and run code every step of the way, using Android Studio to create apps that integrate with other apps, download and display pictures from the web, play sounds, and more. Each chapter and app has been designed and tested to provide the knowledge and experience you need to get started in Android development.
Get hands-on experience in performing simple to complex mobile forensics techniques Retrieve and analyze data stored not only on mobile devices but also through the cloud and other connected mediums A practical guide to leveraging the power of mobile forensics on popular mobile platforms with lots of tips, tricks, and caveats.
The Chirp GPS app is a top-ranked location sharing app available for Apple and Android that is super easy to use, and most of all, it's reliable.