ABBYY Hosts Technology Summit to Highlight Opportunities and Challenges in Document-Based Processes with Partners and Customers

MILPITAS, Calif., Nov. 25, 2014 /PRNewswire/ -- ABBYY®, a leading provider of document recognition, document capture, and linguistic technologies and professional services, discussed current challenges and future prospects for automating and accelerating document-centric processes at its recent second annual ABBYY Technology Summit. The two-day event in San Diego, Calif. was an opportunity to strengthen partnerships, provide technology updates and educate attendees with an in-depth overview of the current state of enterprise document, data and information management practices. The sessions were designed to provide insight into various emerging use cases for capture and document process automation technology aimed at helping organizations to collect, structure and understand information.

"The paperless workplace has been a topic of discussion within enterprises for more than a decade. Paper-based manual processes are slow, error prone, and costly. However, many businesses continue to struggle with making a full transition not because they don't have an efficient way for doing so, but because the use cases can be hard to visualize," said Peter Meechan, COO at ABBYY North American Headquarters. "ABBYY aims to change that with a focus on enabling organizations to collect, process, and make sense of information regardless of its original format. Automating business processes accelerates transactions, delivers more actionable and insightful data, and reduces costs."

Sponsored by ABBYY partners Fujitsu, Docuware, Epson, and ConcordFax, the two-day ABBYY Technology Summit included a full agenda of software development kit (SDK) sessions, application sessions and technical labs. During the ABBYY Technology Summit users were shown how language-based, data capture and recognition technologies can be used to streamline and automate information sharing and data analysis to promote better, more-informed business decisions.

"According to a survey we conducted, 50 percent of companies are nowhere near digitized," said John Mancini, president and CEO at AIIM. "It's an area of opportunity that is only becoming more acute as more and more information is generated. Businesses need to understand how one document and its data can affect multiple processes and departments, otherwise they run the risk of falling behind or making decisions without taking all of the information into account."

For more information about the ABBYY Technology Summit, please visit www.abbyytechnologysummit.com, follow the company on Twitter or LinkedIn, or "Like" the company's Facebook page.

About ABBYY
ABBYY is a leading provider of document recognition, data capture and linguistic technologies and services. Its key products include the ABBYY FineReader line of optical character recognition (OCR) applications, ABBYY FlexiCapture line of data capture solutions, and development tools. ABBYY Language Services provides comprehensive linguistic solutions to corporate customers. Paper-intensive organizations from all over the world use ABBYY solutions to automate time- and labor-consuming tasks and to streamline business processes. ABBYY products are used in large-scale government projects such as those of Australian Taxation Office, Lithuanian Tax Inspectorate, Ministry of Education of Russia, Ministry of Education of Ukraine, Montgomery County Government of the USA, and the government of Canada. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, KnowledgeLake, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, PFU, Plustek, Ricoh, Toshiba, and Xerox. ABBYY is an international company with offices in Germany, the UK, France, Spain, Ukraine, Cyprus, Russia, the United States, Canada, Australia, Japan and Taiwan. For more information, visit www.abbyy.com.

ABBYY, the ABBYY Logo, FineReader, ADRT, Lingvo, FlexiCapture, Recognition Server, and PDF Transformer 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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