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ABBYY Leads in QKS Group’s Intelligent Document Processing SPARK Matrix™ for Fourth Consecutive Year

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ABBYY Leads in QKS Group’s Intelligent Document Processing SPARK Matrix™ for Fourth Consecutive Year
News

News

ABBYY Leads in QKS Group’s Intelligent Document Processing SPARK Matrix™ for Fourth Consecutive Year

2024-12-03 20:01 Last Updated At:20:10

AUSTIN, Texas--(BUSINESS WIRE)--Dec 3, 2024--

ABBYY intelligent document processing (IDP) continues its reign as a market leader in QKS Group SPARK Matrix evaluation for the fourth consecutive year while also taking the #1 position in Technology Excellence. ABBYY is credited for taking an innovative approach to IDP with its ABBYY Vantage platform merging “cutting-edge Purpose-Build AI technologies with user-friendly interfaces to address the complex document processing requirements of businesses and organizations globally.”

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241203139784/en/

The report highlights ABBYY's commitment to innovation and its strong market presence, positioning the company as a compelling choice for businesses seeking to optimize document-focused operations through intelligent automation. ABBYY empowers global organizations with significant improvements in operational efficiency by making document data readily available for business systems and decision-making. With robust capabilities enabling and incorporating Generative AI and Agentic AI technologies, extensive industry expertise, and forward-looking strategies, ABBYY is recognized as well-equipped to sustain its leadership in the rapidly evolving IDP space.

“ABBYY Vantage offers a powerful solution for enterprises by providing deep insights into document content with AI-driven precision,” said Anoch Mane, an Analyst at QKS Group. “The platform’s advanced NLP and ML capabilities, combined with its no-code approach, make it highly adaptable to complex document processing needs, particularly in sectors like finance, insurance, and healthcare. ABBYY’s ability to integrate with existing enterprise systems, coupled with its user-friendly design, positions it as a critical tool for organizations focused on improving operational efficiency and customer experiences.”

“ABBYY AI is proven to deliver measurable value for enterprises needing to gain valuable information from their documents,” commented Bruce Orcutt, Chief Marketing Officer at ABBYY. ‘We’re proud of being recognized as a leader in the latest QKS Group SPARK Matrix and many other analyst evaluations. The latest AI capabilities recently introduced via our Phoenix multimodal model and growing catalog of document skills in the ABBYY Marketplace will further advance our leadership in the market and provide our customers with more powerful intelligent automation.”

Download the QKS Group SPARK Matrix: Intelligent Document Processing Q3, 2024 Vendor Exclusive report to learn more about the IDP market and ABBYY at https://www.abbyy.com/resources/report/abbyy-quadrant-knowledge-solutions-idp-leader-2024/.

About ABBYY

ABBYY puts your information to work with purpose-built AI. We combine innovation and experience to transform data from business-critical documents into intelligent actionable outcomes in over 200 languages in real time. We are trusted by more than 10,000 companies globally, including many of the Fortune 500, to drive significant impact where it matters most: accelerate the customer experience, operational excellence, and competitive advantage. ABBYY is a global company with headquarters in Austin, Texas and offices in 13 countries, and is the Official Intelligent Automation Partner of Arsenal Women Football Club. For more information, visit www.abbyy.com/company and follow us on LinkedIn, Twitter, Facebook, and Instagram.

ABBYY can either be a registered trademark or a trademark and can also be a logo, a company name (or part of it), or part of a product name of ABBYY group companies and may not be used without consent of its respective owners.

ABBYY is recognized as a leader in Quadrant Knowledge Solutions Intelligent Document Processing SPARK Matrix™ for 4th consecutive year. (Graphic: Business Wire)

ABBYY is recognized as a leader in Quadrant Knowledge Solutions Intelligent Document Processing SPARK Matrix™ for 4th consecutive year. (Graphic: Business Wire)

LONDON (AP) — King Charles III said Friday that his cancer treatment will be reduced in the new year because of early diagnosis, effective intervention and adherence to doctor’s orders.

Charles, 77, revealed the information in a recorded message broadcast on British television as part of a campaign to encourage people to take advantage of screening that can detect cancer in its early stages when it is easiest to treat.

“Early diagnosis quite simply saves lives," the king said.

“I know, too, what a difference it has made in my own case, enabling me to continue leading a full and active life even while undergoing treatment,'' he added.

The recorded message gave Charles the opportunity to reflect on his experiences in the 22 months since he announced he would undergo treatment for an undisclosed type of cancer.

Charles’ decision to disclose his diagnosis was a departure for Britain’s royals, who have traditionally considered their health to be a personal matter and shared few details with the public.

“His majesty has chosen to share his diagnosis to prevent speculation and in the hope it may assist public understanding for all those around the world who are affected by cancer,” Buckingham Palace said at the time.

Since then, Charles has used his own story to highlight the need for early diagnosis and treatment. Cancer Research UK recorded a 33% increase in visits to its website in the weeks after the king’s diagnosis, as people sought information about the signs of cancer.

While the palace hasn’t specified what type of cancer the king has, officials said it was discovered after treatment for an enlarged prostate revealed “a separate issue of concern.”

Find more of AP’s coverage at https://apnews.com/hub/royalty

Britain's King Charles III attends an Advent Service at Westminster Abbey, in London, Wednesday, Dec. 10, 2025. (Chris Jackson/Pool Photo via AP)

Britain's King Charles III attends an Advent Service at Westminster Abbey, in London, Wednesday, Dec. 10, 2025. (Chris Jackson/Pool Photo via AP)

Britain's King Charles III attends an Advent Service at Westminster Abbey, in London, Wednesday, Dec. 10, 2025. (Chris Jackson/Pool Photo via AP)

Britain's King Charles III attends an Advent Service at Westminster Abbey, in London, Wednesday, Dec. 10, 2025. (Chris Jackson/Pool Photo via AP)

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