Everest Group IDP PEAK Matrix® 2023

Indico Data Named Leader in Everest Group's Intelligent Document Processing (IDP) PEAK Matrix® 2023

Indico Data was named a Leader in both the overall IDP market assessment as well as the IDP for unstructured data market assessment. We demonstrate the ‘strongest year-over-year movement’ of any provider evaluated in the 2023 PEAK Matrix® Assessment, highlighting our significant progress and continued innovation in market impact, vision and capabilities.

Everest Group defines Intelligent Document Processing (IDP) as any software product or solution that uses AI technologies such as computer vision, OCR, Natural Language Processing (NLP), and machine/deep learning to capture, categorize, and extract data from documents for further processing.

Included in this special report by the Everest Group, Everest Group PEAK Matrix® for Intelligent Document Processing (IDP) Technology Provider 2023, is the following:

• IDP product profile – Overview of Indico Data
• Indico Data IDP Capabilities
• Everest Group assessment of Indico Data
• IDP Products PEAK Matrix® evaluation dimensions

“Indico Data’s Intelligent Intake Platform offers robust classification and extraction capabilities for semi-structured and unstructured documents. Its review module enables enterprise users to track and classify incoming documents and provide feedback to improve model performance. Continuous product enhancements including expansion of out-of-the-box pre-trained models and ability to add custom models, combined with strong growth and distinctive roadmap have helped Indico Data emerge as a Star Performer and a Leader on Everest Group’s Intelligent Document Processing (IDP) PEAK Matrix® Assessment 2023,” said Vaibhav Bansal, Vice President, Everest Group.