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Indico Data listed in SPARK Matrix Report as a leader in Intelligent Document Processing for 3rd year running

January 16, 2024 | Intelligent Document Processing

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We are so excited to share that Indico Data has been recognized as a Technology Leader in the Intelligent Document Processing (IDP) market for the third year in a row. A huge thank you to Quadrant Knowledge Solutions for giving us the three-time honor of being included among other stalwart industry veterans in its SPARK Matrix™ report. 

Since our inception in 2013, Indico has continuously pushed the boundaries of innovation to enable enterprises to make better decisions through the access of better data, and this recognition is a testament to our relentless pursuit of excellence and customer satisfaction. Read the full press release here.

Related content: Indico Data named as a leader in intelligent document processing for 3rd year in SPARK Matrix Report by Quadrant Knowledge Solutions

We want to take you through some of the highlights of the report. It specifically focuses on Indico’s pioneering Intelligent Intake platform, which enables enterprise teams to extract information from documents and build innovative, enterprise-level workflows that accelerate decision-making, mitigate risks, and accelerate revenue growth.

The report goes on to cover our Intelligent Intake platform’s image processing capabilities and multimodal fusion, which process documents with multiple data modes, including texts, tables, and images, to assist with informed and accurate decision-making. Our platform’s cloud-native Kubernetes application also simplifies and automates document intake with heightened data security and operational scalability.

It highlights that one of the keys to our success is our platform’s strong low-code/no-code UI, empowering business process experts to intuitively construct their automation models. The report also mentions the platform’s usage of human-in-the-loop (HITL) technology to assure transparency in analytics and workflows, providing users with a feedback loop that continually refines model performance—a defining quality of our product.

Related content: SPARK Matrix™: Intelligent Document Processing 2023

Finally, Quadrant Knowledge Solutions acknowledges Indico’s significant customer base, including leading brands across the insurance, banking financial services, and commercial real estate industries, particularly in North America and Europe. We’re incredibly grateful for each client, and we thank you for your partnership over the years. Here’s to a strong, impactful 2024!

You can download the full report from Quadrant Knowledge Solutions here.

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