Ephesoft Recognized as a "Hot Vendor in Document and Contract Analytics, 2018"

Ephesoft, a provider of enterprise content capture and data discovery solutions, has been recognized as one of four “Hot Vendors in Document and Contract Analytics, 2018” by Aragon Research, Inc., an independent research and advisory firm.

Each year, Aragon Research selects Hot Vendors across multiple markets that are visionary and innovative. They may have new technology that expands capabilities, a new strategy that opens up markets, or a new way of doing business that makes them worth evaluating.

Ephesoft’s platform is a smart document capture and extraction solution that utilizes patented supervised machine learning to capture, classify, extract, validate and deliver intelligence that transforms unstructured documents into actionable data.

The platform leverages artificial intelligence (AI)-based supervised machine learning to extract critical data from unstructured data. This makes it possible to analyze documents and images within Enterprise Content Management repositories.

"We are honoured to be recognized by Aragon Research as a ‘Hot Vendor in Document and Contract Analytics, 2018’ as we believe it further validates our mission to deliver machine learning-based solutions that help decision-makers worldwide make meaning out of unstructured data,” said Ike Kavas, founder and CEO of Ephesoft. 

“Increased demand for intelligent content analytics platforms bolsters our commitment to bringing the latest cloud-based and on-premise solutions to our global partners and customers. We believe this recognition by Aragon Research supports this."

Both Ephesoft Transact and Insight leverage AI capabilities and big data technology while offering a range of integration options. These solutions can be used to improve efficiencies and reduce errors in everything from data entry to invoice processing. Ephesoft’s technology also makes it possible to give context to data trapped in multiple repositories to reduce risk, drive profits, improve operations and support strategic decision-making.