|Exam Name||:||Foundations of Tivoli Process Automation Engine|
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|Updated On||:||February 15, 2019|
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closing week, like loads of you, I imagine, I watched the State of the Union and tried to figure out what become actual and what became fiction. Tied into several of the live-streamed press truth-checking streams, I discovered that the comments validating or invalidating what the president observed came in to this point after the remark turned into made that it would were enhanced to bypass the speech and wait except the next day when the talk and the remarks had been more suitable matched.
Even then, it wasn't linear, it was simply collections of comments that were biased both for or in opposition t the talk. it is now not reality -- it really is simply mind-numbing pablum for those on both the left or correct who truly don't wish to feel. i admire to make up my very own mind no longer have a bunch of individuals on either facet who truly are commenting from the sidelines drive me into their increasingly delusional world view.
This week IBM believe takes location in San Francisco, and one of the classes that should be lined is its project Debater. What makes this AI undertaking pleasing is that it melds human interplay with deep researching to create a extremely diverse sort of answer that would be uniquely beneficial to both litigation and politics. It might make the courtroom device an awful lot fairer, and it also might make it much more tricky for a politician or biased media outlet to confuse or mislead us.
On this present day before IBM consider, i could explain how this new hybrid AI platform that IBM is showcasing may make politics and litigation greater a good suggestion and then shut with my fabricated from the week. This week it's the new Dell XPS 13 in Frost White, which makes an brilliant observation with design, portability, materials and expertise.creating a Hybrid AI
one in all IBM's enjoyable positions, which truly is not exciting, is that AI know-how should still be used to raise rather than replace humans. There are lot of reasons for this. probably the most compelling for me is that if robots take over everything, who goes to purchase stuff? No, wait, possibly essentially the most compelling is that in IBM's world we are not out of date, and the probability of becoming out of date as a race is something i might hope extra of us might wrap our heads round.
Now we do have the idea of the singularity, during which man and machine develop into inseparable, but this is unlikely in my lifetime. If it were to reach early, i'm relatively certain it could conclusion my existence, so an alternative course would be greatly greater appealing.
seeing that most AIs, even those designed to work with individuals, are created mostly as isolated standalone methods that could, with a flip of a swap, no longer want their human operators, a unique approach is required to handle this human obsolescence problem.IBM's task Debater
This brings us to IBM's venture Debater. This revolutionary method makes use of a mix of crowdsourcing and deep researching AI to get a hold of anything a long way more advantageous than either part may also be on my own. challenge Debater uses the crowdsource model to define the nice of an argument, which then is used to train the deep researching AI engine and optimize what's originally a debate response.
This blends the AI's affinity for facts and numbers, the goal a part of the answer, to the human subjective view of first-class. In an awesome case, what you get is doubtlessly a self-evolving determination equipment more desirable able to face up to problems like affirmation bias, and make reality-based selections that don't seem to be devoid of feeling and humanity.
once once more, looking at this ideally, it could be a blend of objective and subjective resolution standards, still in keeping with verified information, that's focused on human described exceptional effects.
The groundwork of the film collection Terminator can be a show off of an purpose AI-pushed future devoid of the human facets that undertaking Debater brings to the table. Of course, the world we at the moment are living in is defined via an excess of subjective determination methods which are focused more on status and seeming correct than on being appropriate. either intense would not bode smartly for our survival.The State of the Union
In looking at the State of the Union, I accompanied three issues with trying to evaluate the veracity of the counsel. One became that the fact checkers couldn't sustain. Two, that they had three courses of response, "appropriate, incorrect, deceptive," and essentially the most usual, misleading, became always nuanced terrible, which made the media coverage seem biased. Three, the response from the Democrats had little to do with the precise talk (no longer a shock, on account that it become written earlier than the experience and the speaker didn't watch the handle). This last is like observing a debate between two individuals who can not hear every different's positions. It changed into much less a true response and greater a "seem, I too will also be on television!"
What challenge Debater does is use people to establish the great of arguments on either side of a controversy to get to the strongest arguments. individuals in the crowdsourced pool vote simplest on the arguments they consider, in order that they don't compromise the outcomes because of preset biases.
this might enable a real-time rating of the arguments on both sides previous to the address. for instance, let's take the wall. The strongest argument for it is probably going the reduction of criminals coming into the U.S. The strongest argument towards it's that spending money on improving present border safety and capabilities just like the Coast safeguard would have a stronger influence on unlawful immigration and raise the probability of catching the criminals on the border. each positions could be backed by way of validated records to help the viewers select the improved side.
So, whereas listening to the president speak, an observer would see both the strongest argument for his place on the wall and the strongest argument against, and then could form an opinion on which place to assist. unlike the media, or both side of the argument, these can be independent and reality-based.
I do suppose that this implementation seemingly would force using this tool in the determination-making feeding the State of the Union and that smarter presidents, now not wanting to appear foolish on television, would use it to set their positions within the first place. in the event that they didn't, we would have the aim tools critical to identify their incompetence and the should eradicate them from workplace.
it is my view that this may drastically restore the present world political system, which is at present greater about what the left or right need, and fewer about doing what's appropriate.
One other issue that an AI may add is a ranking of the arguments in line with our enjoyable situations. for example, an AI may, and increasingly probably does, be aware of more about you than you find out about yourself.
We regularly do not understand that the positions we take are in opposition t our personal foremost hobbies, as a result of we are satisfied to take our positions by means of charismatic folks who don't even comprehend us, let alone have our optimum hobbies at heart. This could aid fuel a higher bipartisan strategy in government, because it should still be more interesting to us if whatever thing is to our advantage than whether it is a left or appropriate idea.
This would not improve government on my own -- it may have a massive nice affect on litigation.more positive Litigation
When i was watching the FTC/Qualcomm case a couple of weeks again, i was struck with what a tricky job the decide had, which changed into made more complicated in view that the FTC couldn't appear to area its evidence into any variety of decision matrix.
A judge customarily desires to do an excellent job and attain the right choice, but here's at pass-purposes with the individuals proposing their instances, who want to herd a decide to a call favoring their facet. during this kind of a case, either side customarily includes groups of attorneys, and there is only one judge, which makes it very nearly impossible for the choose to look in the course of the smoke. It appears extra likely that judges will grow to be figuring out the case on whatever thing other than the facts in proof.
What the prison career has is miles of documented arguments and positions, along with information over which aspect prevailed and at what level. In effect, an awful lot of the crowdsourcing a part of the effort is cooked -- it simply needs to be fed into the AI so that a judge can get a true-time sense of even if what's being argued is both in line with the proof and consistent with case legislations and precedence.
It now not most effective would force both legal groups to up their online game, but additionally would deliver the choose with a near superpower in terms of opting for the adjustments between statistics and fabrications. in brief, it probably would turn a method that's commonly more performance paintings than anything into whatever thing that might be way more likely to verify guilt or innocence accurately. it would especially benefit people who are overmatched through their opponents when it comes to materials.
IBM's Watson had the felony occupation as an preliminary goal. This utility no longer best would be extraordinarily potent but additionally would enhance vastly the integrity of the prison manner. IBM says that its feel conference is set altering the realm. This 12 months, with challenge Debater, that appears highly accurate.Wrapping Up
finding the right way to use the subjective skills we now have while improving the outcome with the aid of guaranteeing that those selections have a great goal groundwork would advantage the realm. From the proliferation of nuclear weapons, to wars, to what to do about world warming, the relevant mix of human/computing device could make the realm a higher vicinity to live. It may make our products more desirable focused, and our governments more responsive and fewer prone to get us killed.
these results become more and more feasible as greater businesses look at out-of-the-container procedures like mission Debater, and the area shifts from being about us vs. them to being very nearly making issues measurably superior over time. we have lot of things that want fixing. AI is each part of the problem and an incredible part of the solution, and mission Debater is on the latter path. For these going to IBM feel this week, i could see you there.
The Dell XPS line is Dell's equivalent to GM's Cadillac or Ford's Lincoln. it is a top rate line still at the precise end of low in cost, which makes a speciality of design, high-quality and experience over pure efficiency, rate or durability.
the line came about, a great deal like Microsoft's floor line, as a counter to Apple's MacBook, however as Apple's pastime in PCs waned, it has shifted to greater of a standout product on its own merits and less of a MacBook clone.
The XPS 13 Dell sent me became finest in Frost White. With an Intel Core 7 processor, desirable 4K screen, 512-GB NVMe SSD, and windows 10 pro, it charges simply over US$2K. Battery life may still be well over 10 hours, and it has a small pocketable color-matching vigor provide, so I don't have to lift a backpack and that i still have a whole lot of battery life. (My own goal is to not must lug my heavy backpack everyplace i am going.)
one of the crucial adjustments this 12 months is the display bezels are smaller, and the digital camera has been moved from the bottom of the monitor to the true, which skill it is rarely as good at focusing the individuals you are video conferencing with on the state of your nostril hair grooming (whatever i am no longer going to miss).
With three thunderbolt/charging USB ports, it could support up to two extra 4K displays (many of us have started to commute with one or two small portable shows in order to more desirable work on the highway), and it has a biometric energy button that fires the computing device up and ensures the person using it's you.
At around 2.7 pounds, this is a light computer, and its Frost White colour (I usually desire dark colorations like black) is turning out to be on me, because it seems like it came from the white science fiction future portrayed in many motion pictures. (it will appear impressively good in an superior weapons or bio lab.)
With a ninety percent recyclable design, it's additionally notably green, which is extra supported by a Bronze EPEAT rating for sustainability. It has Dell's miraculous Cinema answer for looking at tv and films, which might be some distance superior if Amazon would ultimately permit us to download and watch major videos on a computing device (that's the place most of my video library is).
in short, the XPS 13 is an extra showcase from Dell that blends design and efficiency into some thing you will also be proud to see to your desk, and it's my fabricated from the week.
The opinions expressed in this article are these of the creator and do not always replicate the views of ECT information network.
Tech massive IBM has turn into a pacesetter in demonstrating actual-world purposes of blockchain know-how. The company has already implemented blockchain-based mostly options to song meals deliver chains and to ensure ethically sourced minerals.
IBM continues to collaborate with a couple of leading businesses to clear up complex company challenges through its blockchain network. introduced these days, IBM research is partnering with The Freshwater have faith (TFT), a nonprofit working to offer protection to and repair freshwater ecosystems, and SweetSense Inc., a issuer of cost-effective satellite related sensors, to pilot blockchain and IoT technologies for monitoring groundwater usage in one of the greatest and in danger aquifers in North the usa.
The institution of Colorado at Boulder will provide further analysis support for this venture, which is also being jointly funded with the aid of the Water foundation and the Gordon and Betty Moore groundwork.
The assignment’s scientists and engineers will reveal how the blockchain and remote IoT sensors can accurately measure groundwater usage transparently and in real-time. The sensors will transmit water extraction statistics to orbiting satellites and then to the IBM blockchain platform hosted within the IBM Cloud. The blockchain will list all facts exchanges or transactions made in an append-most effective, immutable ledger. sensible contracts will even be used once transactions are instantly performed when the situations are matched.
The neighborhood will pilot the gadget in northern California’s Sacramento-San Joaquin River Delta, regularly referred to as the “nexus of California’s statewide water device.” The river delta covers 1,one hundred square-miles, offering water to the San Francisco Bay area and Southern California. It also supports dozens of legally protected fish, plant and animal species. moreover, practically 75% of this land is used for agriculture.
according to a research assignment in Kenya with USAID, the Millennium Water Alliance and other companions, we at the moment are applying our skills in building choice support techniques for water administration for floor and groundwater facts aggregation, workflow optimization and analytics to address similar challenges in California. With the addition of the blockchain, we can bridge vital believe and transparency gaps making it possible to construct a strong, scalable and in your price range platform for managing valuable groundwater supplies anywhere on the earth”, observed Dr. Solomon Assefa, vice chairman, emerging Market options and Director for IBM analysis, Africa.
The collaboration between the companies began according to the Sustainable Groundwater management Act (SGMA), which was signed into California law in 2014. SGMA mandated the advent of Groundwater Sustainability organizations (GSAs), local agencies that are liable for guaranteeing that regional groundwater resources are sustainably managed. The GSAs are chargeable for setting up and implementing a plan to make their local groundwater usage sustainable by 2040.
In California and in the imperative Valley, probably the most greatest affects on our river conditions is agriculture. here is a enormous agricultural location it's severely groundwater stressed. This difficulty became brought to consideration in California when a multi-year drought resulted in an have an effect on of over $three billion to the agricultural economic system. California then passed the SGMA, which for the first time will adjust groundwater pumping. Now, youngsters, the State of California is attempting to verify the way to share communal materials. As a non-income, we are attempting to help attaining these dreams,” Alex Johnson, Freshwater Fund Director with TFT, advised me.
A Blockchain For Farmers, Financers And Regulators
right through the pilot, an internet-based mostly dashboard will be attainable to farmers, financers and regulators, enabling all events to display screen and track the use of groundwater. this may also assist demonstrate how sustainable pumping ranges can also be done during the trading of groundwater use shares in the State of California. individual users who require groundwater amounts past their share cap could be capable of “buy” groundwater shares from different users who don't require all of their deliver at a market-regulated expense.
in keeping with Nathan Wangusi, laptop scientist for IBM analysis, Africa, researchers are developing an idea for a “groundwater credit score,” if you want to permit farmers to alternate water sources amongst each and every different.
The blockchain permits for visibility of water extraction and maintains a decent ledger on this, whereas assisting with transparency and the skill to trade assets. We are actually developing a groundwater credit score, which is an asset-based mostly token that represents an amount of water that a person has rights to. here is comparable to an environmental credit score. for instance, we presently have a assignment that uses plastic recycling as a tokenized credit that can also be traded on a blockchain platform.”
for example, if a strawberry farmer is planning to take the season off to prepare for an biological crop here harvest, they could alternate or sell water credit on the blockchain to one more farmer. Or, if as a result of a very dry season a vineyard realizes it'll want further ground water to avoid losing the antique, the vintner can purchase additional water shares, without negatively impacting the aquifer.
apart from blockchain, the sensor expertise offered by using SweetSense is a crucial element for monitoring groundwater substances.
by using remotely monitoring groundwater use via our sensors, we’re able to aid increase and preserve sustainable entry to water materials for people, farmers, and livestock. The work we’re doing in Africa is without delay translatable to California, observed Evan Thomas, CEO of SweetSense and Mortenson Chair of international Engineering on the college of Colorado Boulder. Our analysis team on the tuition of Colorado will aid in modeling groundwater use through the sensor information and satellite tv for pc detected rainfall and climate correlations.”
SweetSense is at the moment monitoring groundwater for over a million individuals by means of satellite networks in Kenya and Ethiopia and plans to scale to 5 million via the conclusion of the yr.
simply The starting
while this pilot is an early instance of the competencies of those applied sciences, the teams at the back of the venture also view it as a major possibility for future success.
“we're working in a free market house and the laws and requirements for ground water stability are most effective now being determined through native jurisdiction in California. other western states are far in the back of, notwithstanding. We view this as a chance to display how issues can work in case you follow them to a system with applied sciences like these,” observed Johnson of TFT.
Explaining blockchain technology to the entire events concerned is still a challenge, although.
“We should explain to explain what blockchain is, why it gives protection and sufficient transparency the place it can be used for compliance. We need to exhibit how this may help farmers have a greater resilient aquifer to pump water from, whereas having the pliability to exchange amongst their neighbors if a drought happens,” pointed out Johnson.
in addition, the success of this pilot is highly based on the technologies involved.
the longer term success of these sustainability plans hinges on being in a position to music and file groundwater use, and sure will additionally require a robust technique to change groundwater shares as well” added Johnson. “Our strategic intent is to harness new technologies to advance a equipment that makes getting groundwater greater sustainable, collaborative, accurate and clear method, which is why we are the usage of the blockchain. we now have the undertaking team and funding to do it, and a powerful network of partners within the region that are open to an preliminary trying out and constructing phase.”
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During fourth quarter of 2018, ABBYY content IQ solutions and services became more widely and readily available from new strategic partners and robotic process automation (RPA) vendors’ digital marketplaces. ABBYY’s momentum in forming new partnerships and gaining more enterprise customers is attributed to organizations’ increasing deployment of RPA technologies, and the need to make the software robots smarter. Additionally, new executives were appointed to drive continued global expansion of the company’s AI-enabling technologies, and ABBYY senior executives spoke at major tech conferences about the opportunities for integrating AI capabilities into the enterprise.
“ABBYY has remained focused on two important fronts – developing the most innovative technologies and solutions using machine learning, natural language processing and intelligent capture, and delivering business value to our customers and partners,” commented Ulf Persson, Chief Executive Officer at ABBYY. “The relationships we’ve built is a testament to our dedication and aspiration to remain a global leader in delivering content IQ solutions that enable organizations to digitally operate better and deliver a better experience to their customers.”
This digest contains a few highlights of Q4 2018.
ABBYY FineReader Engine a KMWorld Trend-Setting Product of 2018ABBYY FineReader Engine OCR software development kit (SDK) was selected as a KMWorld Trend-Setting Product of 2018. It allows businesses to integrate text recognition, PDF conversion and data capture functionalities into software applications.
ABBYY FlexiCapture Earns Editor’s Choice Award from CardRates.comFor developing automated document capture solutions that help banks accelerate mobile onboarding and processing, ABBYY earned CardRates.com Editor’s Choice Award for banking and financial software automation solutions.
ABBYY Expands FineReader 14 Capabilities to Support More PDF StandardsOctober 30, ABBYY FineReader 14 was updated with support for the latest PDF ISO standards and improved functionality to create PDF/US documents. Along with improved optical character recognition (OCR) for Japanese and added Hanja symbols for documents in Korean, FineReader 14 is a more powerful PDF productivity tool for global organizations needing to offer digital information easily accessible to the public.
ABBYY Recognition Server Rebrands as ABBYY FineReader Server and Gets a Major UpdateNovember 30, ABBYY rebranded its most powerful server-based optical character recognition service from ABBYY Recognition Server to ABBYY FineReader Server. The rebrand further consolidated all ABBYY OCR and PDF conversion offerings under the FineReader brand to make it easier for customers and partners to find a suitable solution from the company’s comprehensive product portfolio. Additionally, ABBYY FineReader Server 14 received major performance and functionality updates.
ABBYY Technology Summit Recognized Top Seven Digital Transformations Using Intelligent CaptureAt its sixth annual ABBYY Technology Summit held October 11-13, seven developer partners, value-added resellers and customers were awarded for their leadership, innovation and market influence using intelligent capture. The ABBYY Technology Summit highlighted trends in content intelligence and RPA to drive business value, and featured keynote speakers from HSA, Inc., Everest Group, PwC and Dell.
Ashling Partners Joins ABBYY Elite Partner Program to Maximize Robotic Process Automation Solutions with Content IQ TechnologiesAshling Partners is the latest Elite member of the ABBYY Partner Program, and will use ABBYY technologies within its RPA services. The companies currently have several mutual clients benefitting from combined solutions.
ABBYY Intelligent Capture Connector is Now Available on the UiPath Go! RPA MarketplaceBeginning in November, the ABBYY FlexiCapture Connector is now available for the UiPath RPA platform via the newly launched UiPath Go! marketplace. This enables RPA developers, line-of-business users and partners to instantly have the power of ABBYY’s enterprise-level intelligent capture integrated directly within a UiPath robotic process flow. ABBYY was also recognized by UiPath as the Best Technology Partner at the #UiPathForward Americans partner event.
ABBYY Partners with Blue Prism to Jointly Offer Transformative Automation CapabilitiesFurther expanding its access among RPA technology vendors, ABBYY is jointly offering its content intelligence solutions in the Blue Prism Digital Exchange, a robust intelligent automation app store for accessing and downloading pre-built AI, cognitive and disruptive technologies. Partners and customers can find ABBYY’s intelligent capture software solutions on the Blue Prism Digital Exchange and learn how to integrate ABBYY with Blue Prism to transform unstructured data into structured information for any business processes and add more intelligence to RPA projects.
ABBYY Brings Susanne Richter-Wills to Lead the DACH RegionIn November, ABBYY Europe hired Susanne Richter-Wills as its new sales manager for its enterprise business in Germany, Austria and Switzerland. She is responsible for driving new business with tier-1 enterprise accounts.
ABBYY Selects Rusty James to Lead Partner Growth throughout North AmericaIn December, Rusty James joined ABBYY as the new Head of Partner Business for North America. He will be driving the development and execution of channel partnerships among value-added resellers, system integrators and independent software vendors to expand the use of ABBYY solutions throughout Canada, Mexico and the US.
Annual Conference of the Association of Corporate Counsel, October 21-24 in Austin, TXABBYY showed the power of Text Analytics for Contracts at the Annual Conference for the Association of Corporate Counsel, the world’s largest conference for in-house corporate counsel. ABBYY addressed legal professionals’ need to leverage AI in contracts and leases to speed risk mitigation, obligation analysis and content migration.
Web Summit 2018, November 5-8 in Lisbon, PortugalABBYY executives led sessions on customer experience and content intelligence during Web Summit 2018, one of the most influential technology conferences in the world. The event is exclusively tailored to founders and CEOs of technology companies, fast-growing startups, policymakers and heads of state to discuss new and emerging technology. David Yang, ABBYY founder, led the panel, “Customer Experience: a SaaS company’s most important battleground,” and Bruce Orcutt, Senior Vice President of Product Marketing at ABBYY, held a roundtable discussing the use of robots to handle paperwork and other menial tasks.
IOFM APP2P Fall Conference, November 12-14 in Las VegasABBYY attended the IOFM APP2P Fall Conference, the largest event dedicated to accounts payable and procure-to-pay practitioners. ABBYY showcased how FlexiCapture solutions speed up the invoice and accounts payable processes.
AI Summit New York, December 5-6 in New YorkABBYY’s Chief Innovation Officer, Anthony Macciola, spoke to a standing room only crowd during AI Summit New York discussing AI beyond the hype in a presentation titled, “Making Enterprise AI Robots Smarter with Content Intelligence.” ABBYY also demonstrated its content IQ solutions that digitize structured and unstructured data into information that can be used by AI-enabling technologies to deliver business value.
New Research Studies and Analyst Reports
IntellyX, an industry analysis and advisory firm focused on agile digital transformation, penned its perspective on ABBYY: An OCR Pioneer Transforms for the Digital Era While Helping Its Customers Do the Same.
New White Papers, Webinars and Case Studies
Levvel Research explores strategic accounts payable automation solutions for innovative companies in the white paper, Building a Foundation for Digital Transformation in Accounts Payable.
AIIM webinar features ABBYY, Content Intelligence – 5 Uses Cases on the Frontier of Machine Learning.
Trending on ABBYY Blog
Extracting Context from Content: A Brief Primer on Content IntelligenceThe rise of content IQ technology is conditioned by the need to distill value from enterprise data and help them gain greater insight into the real needs of their customers. This blog explains what it is.
A Five-Part Series on Content Analytics:Content Analytics Challenges for Managing ContractsThe Power of Content Intelligence to Transform Contracts into Actionable IntelligenceContract Analytics Use Cases: Uncover Unrealized RevenuesSo, What Should We Do With Contract Analytics?The Impact of AI on the Legal Profession
MWC Barcelona 2019 Feb. 25-28, 2019, Barcelona, SpainABBYY will be among the tech industry’s innovators and influencers gathering at MWC Barcelona 2019 to explore how intelligent connectivity will shape the future of our digital experiences. The company is participating in the “Transformative AI Topic tour” which features exhibitors leveraging various types of AI. Additionally, the flagship scanner app, FineScanner, was shortlisted in the Most Innovative Mobile App category. Visit ABBYY in the NEXTech Hall 8.0, stand 8.0J25, to discover how ABBYY can support your mobile strategy and help you create a unique customer experience.
ABA Techshow Feb. 27 – Mar. 2, 2019, Chicago, ILABA Techshow is where lawyers, legal professionals and technology all come together. ABBYY will demonstrate how AI-enabling technologies can be used today in the legal field.
To stay on top of the latest content IQ products, solutions, and resources from ABBYY, subscribe to receive the ABBYY Corporate News Digest by emailing firstname.lastname@example.org.
ABBYY is a global leader in content IQ technologies and solutions. ABBYY offers a complete range of AI-based technologies and solutions transforming business documents and content into business value. By providing digital transformation solutions to financial services, insurance, transportation, healthcare and other industries, the company helps organizations achieve the next wave of growth by understanding customers and delivering responsive real-time intelligent systems. The flexibility of ABBYY AI solutions enables customers to utilize a diverse range of advanced technologies, platforms and solutions for classification, text analytics, data and entity extraction, and data validation via any communication channel and in any format. ABBYY technologies are used and licensed by some of the largest international enterprises and government organizations, as well as SMBs and individuals. The company maintains offices in Australia, Cyprus, France, Germany, Japan, Russia, Spain, Taiwan, the UK, Ukraine, and the United States. For more information, please visit www.abbyy.com/company.
ABBYY and the ABBYY Logo are either registered trademarks or trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.
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ABBYY Editorial Contact:Gina Ray, APR+1 email@example.com
Copyright Business Wire 2019
Managed service providers are in a unique technology position. With scores of customers, they repeat modernization efforts and hone the introduction of new tools. What can emerge is an in-house offering built on industry insights: Enter offerings like SynOps.
Like many other managed service providers, Accenture is trying to glean value from its enormous troves of data, according to Stanton Jones, director and principal analyst at ISG.
The goal for the company is to offer its customer "business process reinvention," drawing from a company's internal data and its proprietary caches.
The appetite for automation is increasing, but customers are taking a measured approach about how to implement, relying on providers to help with the difficult task of implementation. But companies understand the way they work needs to change to keep pace with competition.
There is opportunity to automate mature processes that use structured data, said Jones, in an interview with CIO Dive. But the "holy grail" is for companies to tackle unstructured data.
Broadly, SynOps falls into the category of IT operations platform, which improves over time using analytics and machine learning, according to Jones.
It's part of the shift managed service providers are going through, said Jones. Companies are transitioning from using "people and labor arbitrage" to relying on software and AI techniques like machine learning to save money and increase speed.
The desire to act on business intelligence and inject automation to hone processes has given rise to new markets, including RPA.
The "war chest" around RPA is swelling, according to Jones, with companies raising millions of dollars in venture capital. This week Catalytic raised $30 million in Series B funding, a deal that pales in comparison to larger RPA investments.
Since September, leading RPA vendors UiPath, Automation Anywhere and Blue Prism have raised more than $650 million. And vendors like Oracle are working to break into the space.
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