IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
– 2024 IDC MarketScape for Worldwide Unstructured Intelligent Document Processing Software Vendors
EdgeVerve has been investing in capabilities that enable customers to integrate IDP more effectively into their organizational and automation workflows. These platform enhancements — including extensive integrations and API extensibility — allow customers to build, test, and deploy a variety of unstructured IDP use cases at scale.
EdgeVerve has been proactive in building broad mechanistic choice and flexibility into their IDP tooling. This choice enables customers to orchestrate and build multiple potential IDP process flows to ensure maximum performance or best alignment with business goals.
EdgeVerve engages with unstructured IDP customers in a variety of ways to satisfy their specific use case, technology expertise, outcome (i.e., accuracy), adjacent technology, and/or labor availability/staffing requirements.
Insurance claims understanding and decisioning/validation
Medical records and form processing
Contractual reviews, extraction, and understanding
