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{AFC submission|d|n|u=FlyingPiper|ns=118|decliner=Robert McClenon|declinets=20220701151122|reject=yes|ts=20220630164726}}

  • Comment: This draft is written from the viewpoint of the company, focusing on what the company says about itself. Corporate notability is based on what independent reliable sources have written about the subject.
    Not every business corporation is notable, and this draft does not establish corporate notability. You may ask for advice about corporate notability at the Teahouse.
    See Wikipedia:Articles for deletion/ABBYY and subsequent history. An article on this company was deleted in April 2020 and cut down to a redirect to ABBYY FineReader. There have subsequently been attempts to restore an article on the company, most recently on 29 June 2022, after which the redirect was restored and locked. Resubmission of this draft without discussion is useless. Any discussion can be at Deletion Review or with the locking administrator. Do not resubmit this draft without discussion.
    This draft has been Rejected by a reviewer in the Articles for Creation review process. DO NOT resubmit this draft or attempt to resubmit this draft or prepare or submit a draft that is substantially the same as this draft without discussing the reasons for the rejection. You may request a discussion with the rejecting reviewer, or you may request a discussion with the community at the Teahouse. A discussion will not necessarily agree to a resubmission. If this draft is resubmitted, or an attempt is made to resubmit this draft or an equivalent draft, without addressing the reasons for the Rejection, a topic-ban or a partial block may be requested against the submitting editor, and the draft may be nominated for deletion.
    You may ask for advice about Rejection at the Teahouse. Robert McClenon (talk) 15:11, 1 July 2022 (UTC)

{{Short description|American software company}} {{Draft topics|internet-culture|software|business-and-economics|technology}} {{AfC topic|org}}

{{draft|date=June 2022}} {{COI|date=June 2022}} {{Advert|date=June 2022}} ABBYY is a software company that produces intelligent document processing (IDP),[1][2][3] process mining,[4][5] document conversion, data capture, and intelligent process automation (IPA) software.[6] It is headquartered in Charlotte, North Carolina.[7]

The company's products include ABBYY Vantage, ABBYY Timeline, and ABBYY FineReader. ABBYY partners with companies such as UiPath and Blue Prism, both robotic process automation (RPA) vendors, Alteryx, a self-service analytics vendor, Carahsoft Technology, and Kodak Alaris, which specializes in professional data capture solutions.[8][9][10]

History

[edit]

The company was founded in 1989[9][7] by Armenian-born entrepreneur David Yang, who was a student at the time.[11][12]

Since 2018, the company partnered with major RPA vendors to create the ABBYY FlexiCapture Connector.[13] This allows companies to pull content into RPA platforms or push ABBYY content into RPAautomated workflow.[13]

In 2019, the company signed a joint business relationship agreement with PwC India.[14] This allowed the accounting and advisory firm to integrate ABBYY products into its operation centers.[14]

In March 2021, ABBYY released Vantage, a low-code/no-code intelligent document processing platform.[15][9] The company also launched ABBYY Marketplace, an open marketplace where organizations can purchase reusable AI skills.[15] In May, Marlin Equity Partners became the company’s largest shareholder.[6][16]

In June 2021, ABBYY updated its cross-platform open-source machine learning library, NeoML, so that it supported the Python programming language.[17][2] Developers can use the library to build, train, and deploy machine learning models.[17] In October, ABBYY and Carahsoft Technology formed a distribution partnership that made ABBYY’s software more available in the public sector.[8] The companies’ software was adopted by the National Oceanic and Atmospheric Administration (NOAA), the Food and Drug Administration (FDA),[18] and the California Department of Motor Vehicles.[8]

In March 2022, the company opened an office in Vilnius, Lithuania.[19] It was ABBYY’s 14th international office.[19]

Acquisitions

[edit]

In 2019, the company acquired TimelinePI, a process mining company.[6]

In 2020, the Singapore division of Pericom Group, a digital imaging company, was acquired.[20][21]

Products

[edit]

ABBYY Timeline - a process mining tool; it analyzes business processes and identifies which ones should be automated; continuously monitors automation updates.[22][8]

ABBYY Vantage - a low-code/no-code intelligent document processing platform.[15][9][8]

ABBYY FineReader - an optical character recognition (OCR) application that can recognize 186 languages.[23][24][25][26]

References

[edit]
  1. ^ Sh, Ant (2022-05-10). "ABBYY, Kofax, WorkFusion, and Automation Anywhere are on the Top of Everest Group's PEAK Matrix® for IDP 2022". RPA Master. Retrieved 2022-06-28.
  2. ^ a b Bridgwater, Adrian (2021-07-23). "Lizard logic, Abbyy NeoML open source library adds Python". www.computerweekly.com. Retrieved 2022-06-18.
  3. ^ "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 2022-06-15.
  4. ^ "NEAT Report Names 'Leaders' in Process Mining". RPA Today. 2021-12-07. Retrieved 2022-06-15.
  5. ^ Wiggers, Kyle (2021-12-23). "Automation Anywhere acquires FortressIQ to boost process mining". VentureBeat. Retrieved 2022-06-15.
  6. ^ a b c Lawton, George (2021-05-15). "Marlin bets big on Abbyy's digital intelligence initiatives". VentureBeat. Retrieved 2022-06-15.
  7. ^ a b "Top 100 Best-Performing Companies Across the World in 2022". IndustryWired. 2022-02-24. Retrieved 2022-06-15.
  8. ^ a b c d e Johnson, Robert (2021-10-01). "ABBYY Announces Public-Sector Distribution Agreement With Carahsoft". potomacofficersclub.com. Retrieved 2022-06-18.
  9. ^ a b c d Labbe, Mark (2021-03-23). "Abbyy releases Vantage 2 and a new skills marketplace". TechTarget. Retrieved 2022-06-15.
  10. ^ "Blue Prism Integrates ABBYY Timeline for Process Intelligence". RPA Today. 2021-10-19. Retrieved 2022-06-20.
  11. ^ "ABBYY: How A Bulletin Board Post Changed Everything - with David Yang". Business Podcast for Startups. Retrieved 2022-06-15.
  12. ^ King, Danny (2019-11-08). "Entrepreneur David Yang makes a bold prediction for the future of AI". www.bizjournals.com. Retrieved 2022-06-15.
  13. ^ a b Miller, Ron (2018-11-08). "Abbyy looks to RPA to breathe new life into scanning and workflow". TechCrunch. Retrieved 2022-06-16.
  14. ^ a b "PwC and ABBYY to deliver digital intelligence solutions in India". www.consultancy.in. 2019-10-09. Retrieved 2022-06-15.
  15. ^ a b c Hawkins, Leila (2021-03-28). "ABBYY's new no-code AI technology could be a gamechanger". healthcare-digital.com. Retrieved 2022-06-17.
  16. ^ "ABBYY Completes Investment from Marlin Equity Partners to Accelerate Growth". EnterpriseTalk. 2021-05-12. Retrieved 2022-06-15.
  17. ^ a b Hainzinger, Brittany (2021-06-22). "ABBYY updates machine learning library". App Developer Magazine. Retrieved 2022-06-18.
  18. ^ Kanowtiz, Stephanie (2021-03-31). "AI analysis speeds FDA drug reviews". GCN. Retrieved 2022-06-20.
  19. ^ a b "ABBYY Opens New Intelligent Automation Engineering Center in Lithuania". AiThority. 2022-03-29. Retrieved 2022-06-16.
  20. ^ "ABBYY Acquires Pericom Singapore". RPA Today. 2020-10-13. Retrieved 2022-06-17.
  21. ^ "ABBYY Solutions Acquires Pericom Imaging Pte". mergr.com. Retrieved 2022-06-17.
  22. ^ Lawton, George (2021-04-14). "How process mining and analytics complement each other". VentureBeat. Retrieved 2022-06-19.
  23. ^ Curtis, Jenny (2017-02-23). "Top OCR Software". Archived from the original on 2017-02-23. Retrieved 2022-06-19.
  24. ^ Mendelson, Edward (2020-02-06). "ABBYY FineReader Review". PCMAG. Retrieved 2022-06-19.
  25. ^ Williams, Simon (2009-11-10). "Abbyy Finereader 10 review". IT PRO. Retrieved 2022-06-19.
  26. ^ Sporleder, Caroline; Bosch, Antal van den; Zervanou, Kalliopi (2011-07-07). Language Technology for Cultural Heritage: Selected Papers from the LaTeCH Workshop Series. Springer Science & Business Media. ISBN 978-3-642-20227-8.
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