ABBYY was named a Leader in the inaugural Gartner Magic Quadrant for Intelligent Document Processing (IDP) Solutions 2025 for its offering ABBYY Vantage. The evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute. In our experience, ABBYY IDP solutions are used by thousands of organizations worldwide to transform data by providing high accuracy, scalability, and grounding generative AI with reliable, context-rich data for successful agentic automation.
With the IDP market estimated to grow to $2.09 billion by 2026, ABBYY has invested aggressively in its AI labs in the U.S., Hungary and India to accelerate continued innovations in its purpose-built AI to meet the growing demand. The company has also actively developed and showcased AI agent enablement and interoperability through partnerships with IBM watsonx.ai and at its ABBYY AI Pulse Developer Conferences.
Strengths, in our opinion, include ABBYY’s product excellence in purpose-built AI, proprietary OCR/ICR technology, and superior accuracy that continue to set the industry standard; our global and strategic reach; flexible deployment offering versatile cloud, private cloud, on-premises and API solutions that meet the complex needs of enterprises worldwide.
Also Read: UiPath Named Leader in Gartner Magic Quadrant For Intelligent Document Processing
Furthermore, we believe our strong relationships with customers, and comprehensive partnerships are competitive advantages that help end user access industry-specific solutions, support, and value that drive better customer engagement.
“We strongly feel being recognized by Gartner in its first Magic Quadrant for Intelligent Document Processing is a testament to why customers choose and trust ABBYY,” commented Bruce Orcutt, Chief Marketing Officer at ABBYY. “Our advanced Document AI capabilities and integrations with large language models to improve performance are means to our one priority – delivering value to our customers. We know customers demand outcomes and ROI, and we deliver beyond the AI hype.”
SOURCE: BusinessWire
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