EdgeVerve Named a Leader in the Everest Group Unstructured Document Processing Products PEAK Matrix® Assessment 2023

EdgeVerve Named a Leader in the Everest Group Unstructured Document Processing Products PEAK Matrix® Assessment 2023

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In another major accomplishment, we are proud to announce that EdgeVerve has been named as a Leader in the Everest Group’s Unstructured Document Processing Products PEAK Matrix® Assessment 2023. This is a recognition for our commitment to innovation and deliver exceptional solutions.

“Its intuitive user interface, advanced unstructured document processing capabilities including intelligent search and document comparison, domain specific pre-built models, and analytics and dashboarding capabilities have played a big role in establishing EdgeVerve as a market leader.”
Vaibhav Bansal,
Vice President, Everest Group

According to the report, some of our key strengths are:

EdgeVerve envisions to offer a holistic IDP platform for processing all types of documents and democratizing document digitization. Its IDP platform, XtractEdge, is a low-code/no-code platform that offers AI capabilities to create custom models along with extensible workflow capabilities

Enterprise users can choose from domain-built AI models or a build a custom model, and they also have the option to have a choice of experience (UI). Clients have also appreciated the simplistic user interface and easy of use of the platform

The platform offers several context understanding capabilities such as sentiment analysis, intelligent search, entity recognition, and document comparison/matching

Clients are highly satisfied with the scalability of the platform and its ability to handle large volumes

 

Download the Report to read more about the EdgeVerve strengths, market impact, and vision & capability.

Here are some of the notable works that we have delivered for clients:

A large US bank processed 25K+ PPP and SBA loan applications in 1 week

A leading US bank processed 40 mn KYC documents and reduced the turnaround time from weeks to days

A leading insurer streamlined its ACORD form processing workflow and improved workforce productivity

Get to know more about EdgeVerve and the XtractEdge capability by reading a copy of the Everest Group Unstructured Document Processing Products PEAK Matrix® Assessment 2023.