EdgeVerve’s XtractEdge Positioned as a Leader in Everest Group’s PEAK Matrix® Assessment 2023 for Unstructured Document Processing Products

EdgeVerve Systems Limited, a wholly-owned subsidiary of Infosys, has been positioned as a Leader in the Everest Group’s Unstructured Document Processing Products PEAK Matrix® Assessment 2023. This recognition is a testament to EdgeVerve’s commitment to innovation and the exceptional solutions it delivers.

EdgeVerve’s Intelligent Document Processing (IDP) platform, XtractEdge, provides enterprise users with the ability to choose from domain-built AI models or build a custom model, with a choice of user experience (UI). The platform also offers several context understanding capabilities such as sentiment analysis, intelligent search, entity recognition, and document comparison/matching.

XtractEdge has also demonstrated its effectiveness in real-world applications. Notable client successes include a large US bank that processed 25K+ PPP and SBA loan applications in 1 week, another leading US bank that processed 40 million KYC documents and reduced the turnaround time from weeks to days, and a leading insurer that streamlined its ACORD form processing workflow and improved workforce productivity.

For more information about EdgeVerve and the XtractEdge capability, refer to the Everest Group Unstructured Document Processing Products PEAK Matrix® Assessment 2023 or visit www.edgeverve.com.