Business Process & Workflow
Trying something new and pushing beyond the standard way of operations is essential for innovative and forward-thinking operations. Even prior to COVID-19 upending our world and accelerating the widespread uptake of digital solutions, we went through our very own digital transformation at Melton City Council.
Kanverse has announced the global launch of the Fluorite release of its patent-pending AI-powered Intelligent Document Processing Product for Enterprises.
The Intelligent Document Processing (IDP)) market is going through an interesting phase - a lot of new players have entered the market and all of them make similar claims about their AI and use of Machine Learning Technologies. We have worked with customers who were led to believe that they are using an AI platform for IDP but found out very late in the process that the product used very minimal machine learning. Just enough to give them a check in the box that they are using ML but hardly enough to make a difference for the customers.
The practice of software development has undergone a seismic shift. Where it was once the domain of coders, developers, and IT experts able to build applications and automated workflows, the introduction of low-code solution has levelled the playing field and given rise to ‘citizen developers’.
The growth of robotic process automation (RPA) over the past few years has been one of technology’s great success stories. A recent Gartner announcement on the state of the market indicates that spending on RPA software is likely to surpass $2.4 billion in 2022. At that pace, 85% of large and very large organizations will have deployed some form of RPA by the end of next year.
Integration Platform-as-a-Service (iPaaS) is rapidly becoming a fundamental component of enterprise technology stacks. And it makes total sense. IT organizations worldwide are dealing with an increasing number of software systems. Whether they are installed within the corporate network, in a cloud service provider’s infrastructure, or offered by a third-party SaaS provider, business groups want to use more software. And that creates a lot of fragmentation and complexity, especially when those systems need to be connected together or data needs to be shared between them.
Crow Canyon Software has announced the release of its Visual Workflow Designer, a "drag-and-drop" interface that makes it easy to design and build workflows that automate business processes.
Lexis Affinity is a leading legal practice management software solution. Practice management systems like Lexis Affinity helps law firms to manage their day-to-day workflows and business operations across their law practice, by digitally storing information in one secure place.
Like their cloud-native counterparts, many large or long-standing enterprises aspire to automate as much of their operations as possible. As a result, many of them get overly ambitious with their process automation goals, and attempt to roll out sweeping, company-wide digital transformation initiatives. While ambition is a good thing, many of these initiatives take years to complete, and often require ripping and replacing legacy systems.
Mark Wharton, IBML’s business development manager looks at how firms in the transport and logistics industry can apply data capture solutions to streamline information sharing in the supply chain.
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