ABBYY

From Wikipedia, the free encyclopedia
ABBYY
TypePrivate
FounderDavid Yang[1]
Number of employees
1,000 (2023) Edit this on Wikidata
Websiteabbyy.com

ABBYY USA Software House Inc is an American digital intelligence company[2][3] headquartered in Milpitas, California. ABBYY develops solutions in the fields of intelligent document processing,[4] data capture, process intelligence and optical character recognition.[5][6][7] The company serves clients worldwide.[8] One of ABBYY's best-known products is the ABBYY FineReader — an OCR application.[9]

History[edit]

ABBYY was founded in 1989 and began using its current name in 1997.[10][5][11]

ABBYY entered the professional translation market in 2007.[10] It partners with AI, analytics, and RPA vendors UiPath, Blue Prism, Alteryx, PwC India, and others.[5][12]

In 2019, ABBYY acquired TimelinePI, a process mining company, and Marlin Equity Partners became its biggest shareholder in 2021.[13][14]

Offices & management[edit]

The company is headquartered in the USA (Milpitas, California), with regional offices in 15 countries.[15] As of May 2023, ABBYY Group employs over 1000 employees.[16]

ABBYY's CEO (since 2017) is Ulf Persson.[17]

Company products[edit]

The company has developed and continues to develop software platforms:

  • ABBYY FineReader is an application for documents and PDF files, based on ABBYY OCR technology.[9]
  • ABBYY Vantage is a platform for intelligent document processing (recognition, classification, and data retrieval) of documents.[18][19][20]
  • ABBYY FlexiCapture is a platform for intelligent document processing of information from documents. In 2019, natural language processing technologies were added to the solution.[21]
  • ABBYY Proof of Identity is a solution for instant recognition and verification of documents.[22]
  • ABBYY Timeline is a platform for business process analysis and task mining.[16]

Additional products include NeoML, a cross-platform open-source machine learning library.[23]

Notes[edit]

  1. ^ "9 Tips To Manage Remote Teams - HR.com".
  2. ^ "Preparing For The Future Of Work: Bruce Orcutt of ABBYY On The Top Five Trends To Watch In The…". Authority Magazine. 2021-09-14. Retrieved 2022-01-04.
  3. ^ "KMWorld AI 50: The Companies Empowering Intelligent Knowledge Management". www.kmworld.com. Retrieved 2022-01-04.
  4. ^ "ABBYY, Kofax, WorkFusion, and Automation Anywhere are on the Top of Everest Group's PEAK Matrix® for IDP 2022". RPA Master. 2022-10-05. Retrieved 2023-04-27.
  5. ^ a b c "Abbyy releases Vantage 2 and a new skills marketplace". SearchEnterpriseAI. Retrieved 2022-01-04.
  6. ^ "Marlin bets big on Abbyy's digital intelligence initiatives". VentureBeat. 2021-05-15. Retrieved 2022-01-04.
  7. ^ "How to inject Intelligent Document Processing into SAP RPA | IDM Magazine". idm.net.au. Retrieved 2022-01-04.
  8. ^ "ABBYY USA Software House Inc - Company Profile and News". Bloomberg Markets. Retrieved 2023-05-17.
  9. ^ a b Adrian Try (2022-07-19). "ABBYY FineReader PDF Review: Is It Worth It in 2023?". Softwarehow. Retrieved 2023-05-17.
  10. ^ a b Группа компаний ABBYY, 2014
  11. ^ "EY's Paul Nizov returns to US to become ABBYY's first CISO". www.consultancy-me.com. 2021-05-10. Retrieved 2022-01-04.
  12. ^ "PwC and ABBYY to deliver digital intelligence solutions in India". www.consultancy.in. 2019-10-09. Retrieved 2022-01-12.
  13. ^ "Marlin bets big on Abbyy's digital intelligence initiatives". VentureBeat. 2021-05-15. Retrieved 2022-01-20.
  14. ^ "Marlin completes growth equity investment in ABBYY". Marlin Equity. 2021-05-19. Retrieved 2023-05-17.
  15. ^ "ABBYY Corporate Headquarters, Office Locations and Addresses". Craft.co. Retrieved 2023-05-17.
  16. ^ a b "ABBYY Timeline - Process Mining Software Comparison". Institute of Information Systems. Retrieved 2023-05-17.
  17. ^ "Ulf Persson, Abbyy USA Software House Inc: Profile and Biography". Bloomberg Markets. Retrieved 2023-05-17.
  18. ^ "Abbyy открыла сервис автоматической обработки документов для тех, кто не умеет программировать". CNews.ru (in Russian). Retrieved 2022-01-26.
  19. ^ "ABBYY's new no-code AI technology could be a gamechanger". healthcareglobal.com. 2021-03-28. Retrieved 2022-01-26.
  20. ^ "Abbyy releases Vantage 2 and a new skills marketplace". TechTarget. Retrieved 2023-05-08.
  21. ^ "Abbyy looks to RPA to breathe new life into scanning and workflow". TechCrunch. 8 November 2018. Retrieved 2022-01-26.
  22. ^ "ABBYY Proof of Identity simplifies document-centric digital onboarding". Help Net Security. 2022-10-12. Retrieved 2023-05-17.
  23. ^ Hainzinger, Brittany. "ABBYY updates machine learning library". App Developer Magazine. Retrieved 2022-01-26.

External links[edit]

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