Kofax

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Not to be confused with Koufax (disambiguation).
Kofax Ltd
Public
Traded as NASDAQKFX
LSEKFX
Industry Computer software
Founded 1985 (Kofax)
1991 (DICOM)
Founders David Silver, Dean Hough, Craig Bufton (1985)
Headquarters Irvine, California
Key people
Greg Lock, (Chairman)
Reynolds C. Bish, (CEO)
Products Multichannel Information Capture, Process Management, Data Integration, Customer Communications Management, Analytics
Revenue Increase $266.3 million (FY2013)[1]
Increase $46.3 million (FY2013)[1]
Increase $16.5 million (FY2013)[1]
Number of employees
1,248 (2013)[1]
Website www.kofax.com

Kofax Limited is a publicly traded American software company, listed on the NASDAQ, and based in Irvine, California. It produces applications software that provides information capture, process management, data integration, customer communications management and analytics.

History[edit]

The company was founded in 1985[2] and was acquired by Dicom Group in 1999. It floated in the Alternative Investment Market in 1996 and was first listed on the London Stock Exchange in 1997.[3] In January 2008 the parent company changed its name from Dicom Group to Kofax.[4] In May 2011 Kofax acquired Atalasoft Inc., a small software firm whose primary product was a document imaging toolkit named dotImage. In December 2011 Kofax acquired Singularity Limited, a provider of business process management (BPM) and case management software. In July 2013 Kofax acquired Kapow Software, a data integration software provider. Kofax was first listed on the NASDAQ in December 2013. The company acquired Softpro in September 2014 and Aia Software in March 2015. In March 2015 Lexmark announced that it would acquire Kofax for roughly $1 billion.[5]

The First Mile[edit]

The “First Mile” is a trademark of Kofax;[6] it is intended to describe the initial information-intensive interactions customers have with an organization, such as loan applications, claims submissions, and new account openings. The company claims to make these initial interactions better for customers by providing software and technology applications – document capture, process management, dynamic case management, mobile applications and analytics software – to connect an organization's system of record (e.g., ERP, CRM and LOB systems) with its systems of engagement (e.g., email, fax, web portals, mobile devices).[7]

References[edit]

  1. ^ a b c d Annual Report 2013
  2. ^ Kofax Inc Bloomberg
  3. ^ London Stock Exchange
  4. ^ Dicom's new dawn Investors Chronicle, 18 February 2008
  5. ^ Lexmark to Acquire Kofax Investors - Kofax Limited, 7 April 2015
  6. ^ "The next frontier for software: Smart process applications fill a big gap". KM World Magazine. KMWorld Specialty Publishing Group. Retrieved 24 June 2013. 
  7. ^ John C. McCarthy; Christopher Mines; Ted Schadler; Michael Yamnitsky; Sarah Musto (May 16, 2012). "Business Execs Increase Direct IT Spend to Support Systems of Engagement". Business Execs Increase Direct IT Spend to Support Systems of Engagement. Forrester Research, Inc. Retrieved 24 June 2013. 

External links[edit]