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Industry Report

Kofax Named a Leader in Everest Group’s 2023 IDP PEAK Matrix Assessment

Kofax Chosen as a Leader for the Fifth Consecutive Year

Today’s enterprises ingest a mountain of data every day, from many sources, in many formats. Some of it arrives neatly packaged from online forms, however most of it arrives unstructured, through emails, social posts, product reviews and other sources.

Everest Group Peak Matrix Leader Intelligent Document Processing 2023

Intelligent Document Processing (IDP) uses artificial intelligence (AI) to help organizations quickly and accurately understand and act on this data, driving their critical processes and applications. Discover how IDP products are revolutionizing business functions and verticals, delivering cost savings, improving workforce productivity, and enhancing employee and customer experiences.

For the fifth consecutive year, Everest Group recognizes Kofax as a Leader in IDP, thanks to its outstanding performance in Vision & Capability and Market Impact, driven by the powerful Kofax TotalAgility solution. TotalAgility is a low-code intelligent automation (IA) platform combining IDP, process modeling, workflow automation, case management, AI, RPA, business rules, e-signature, PDF creation, outbound communications, and analytics capabilities.

Download the report to learn about:

  • Advanced analytics and reporting dashboards to drive actionable insights
  • Natural Language Processing (NLP) and Natural Language Generation (NLG) capabilities to enhance understanding, processing and extraction leading to overall improved accuracy, efficiency and overall effectiveness in document processing task
  • Global deployments, keeping pace with your business
"Kofax has, once again, emerged as a Leader on Everest Group’s Intelligent Document Processing (IDP) PEAK Matrix® Assessment 2023. Its TotalAgility platform for IDP comes with the ability to process input documents from different sources and in various formats. Kofax has an in-house OCR engine and the capability to build data-intensive workflows and offers pre-built models and pre-packaged solutions for different industries and business functions." said Vaibhav Bansal, Vice President, Everest Group.” The platform’s low-code interface, real-time business insights, self-learning capabilities, and advanced pre-processing capabilities, have further contributed to its large-scale market adoption.”
Vaibhav Bansal
Vice President, Everest Group

Kofax is now Tungsten Automation
This was issued before Kofax transitioned to Tungsten Automation. To learn more about the transition, please explore our detailed FAQ section.

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