Enterprise Tech / Enterprise Applications
Best Intelligent Document Processing (IDP) Companies
What is Intelligent Document Processing (IDP)?
The intelligent document processing (IDP) market is focused on automating the processing of unstructured data, such as documents, emails, images and videos. This is achieved through the use of AI and machine learning technologies that can extract relevant information from these sources and integrate it into workflows. The IDP market is growing rapidly as businesses seek to reduce manual processing costs, improve accuracy and speed up decision-making processes.
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Top Intelligent Document Processing (IDP) Companies
Indico Data is a company specializing in artificial intelligence solutions for automated document intake across various industries. Their main offering includes an Intelligent Intake solution that automates the processing of unstructured data. It serves sectors such as the insurance industry, financial services, and healthcare, optimizing processes like underwriting, claims, policy servicing, and revenue cycle management. Indico Data was formerly known as Indico. It was founded in 2013 and is based in Boston, Massachusetts.
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Oracle operates as an enterprise software company. It offers a variety of software products, including enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), and more. It serves industries such as automotive, consumer goods, and energy among others. It was founded in 1977 and is based in Austin, Texas.
Ocrolus operates as a company focusing on artificial intelligence (AI) driven document automation, operating within the digital lending ecosystem and financial technology industry. The company's main services include automating document analysis and financial analysis, which helps lenders make informed decisions based on trusted data and improved efficiency. It primarily sells to the small business lending, mortgage, and consumer lending sectors. The company was founded in 2014 and is based in New York, New York.
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Instabase is a company focused on automating business processes through artificial intelligence, operating within the technology and AI sectors. Its main offerings include AI-powered solutions for understanding, extracting, and analyzing unstructured data to streamline document processing and generate actionable insights. Instabase primarily serves sectors such as financial services, insurance, healthcare, and the public sector. It was founded in 2015 and is based in San Francisco, California.
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Hyperscience is an enterprise AI platform provider specializing in intelligent document processing and hyperautomation technologies. The company offers solutions that transform unstructured content into structured, actionable data, enabling businesses to automate complex, mission-critical processes. Hyperscience serves various sectors, including financial services, government agencies, and insurance companies. It was founded in 2014 and is based in New York, New York.
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Iron Mountain provides digital business solutions, data centers, asset lifecycle management, and records management. The company offers services such as digital transformation, data and information technology (IT) security, workplace evolution, and sustainability solutions, as well as providing storage and information management services. It primarily serves sectors such as financial services, healthcare, entertainment and media, the public sector, and small businesses. Iron Mountain was formerly known as Iron Mountain Atomic Storage. It was founded in 1951 and is based in Boston, Massachusetts.
Automation Anywhere specializes in intelligent automation solutions. It focuses on artificial intelligence (AI) driven organizational processes. The company provides a platform encompassing process discovery, robotic process automation (RPA), process orchestration, document processing, and analytics with security and governance. The platform is designed to enhance productivity, foster innovation, and improve customer service for businesses globally. Automation Anywhere was formerly known as Tethys Solutions. It was founded in 2003 and is based in San Jose, California.
NEC is a company focused on the integration of information technology(IT) and network technologies across various sectors. The company offers solutions for digital government, digital finance, public safety, and smart city initiatives, utilizing technologies such as biometrics and 5G. NEC primarily serves sectors that require advanced IT and network solutions, including government, finance, and public infrastructure. NEC was formerly known as Nippon Electric Corporation. It was founded in 1899 and is based in Tokyo, Japan.
airSlate is a company specializing in business automation and document workflow solutions across various sectors. The company offers a suite of products that enable users to automate document workflows, create and sign electronic documents, and build landing pages designed to convert visitors into customers. airSlate serves a diverse range of industries, including finance, education, real estate, and healthcare, providing tools for PDF editing, eSigning, and workflow automation. It was founded in 2006 and is based in Brookline, Massachusetts.
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Alkymi specializes in transforming unstructured investment and financial data through AI-powered document workflows within the financial services sector. The company offers a platform that automates the extraction and standardization of data from various documents, enabling businesses to integrate this information into their existing systems. Alkymi primarily serves sectors such as private equity, wealth and asset management, and financial data operations. It was founded in 2017 and is based in New York, New York.
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Juro is an AI-enabled contract automation platform that operates within the legal technology sector. The company provides solutions for creating, executing, and managing contracts, utilizing artificial intelligence to streamline legal workflows and electronic signatures for efficient contract finalization. Juro primarily serves legal, sales, human resources, and finance teams across various industries, including B2B SaaS, food delivery, auto marketplace, and travel marketplace. Juro was formerly known as TERMSCLOUD. It was founded in 2016 and is based in London, England.
Nexus FrontierTech develops artificial intelligence and automation in financial services. The company offers modular plug-and-play automation solutions enabling decision-making processes, managing operations, and performance by bringing visibility, traceability, and usability to enterprise data in real time. It primarily serves the financial services industry, government organizations, and other sectors that require efficient development of structured processes for compliance, risk management, and innovation. It was formerly known as Innovatube. It was founded in 2015 and is based in London, United Kingdom.
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Parascript is a company that specializes in Intelligent Document Processing (IDP) in the technology sector. The company offers software solutions that automate data entry and modernize document workflows, eliminating manual processes and streamlining access to data. Parascript primarily serves sectors such as banking and finance, healthcare and insurance, government, logistics and transportation, and mail and post. It was founded in 1996 and is based in Longmont, Colorado.
Rossum offers a document processing platform. It is an artificial intelligence (AI)--based cloud document gateway for automated business communication. It understands complex structured documents and enables companies to capture data from financial documents with human-level accuracy. It was founded in 2017 and is based in Prague, Czech Republic.
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Staple uses artificial intelligence (AI) to automate the processes of accounting, finance, and paperwork. The company combines computer vision, natural language processing, optical character recognition, and machine learning to read, interpret, and extract data from documents at scale, irrespective of layout, format, or language. It caters to financial institutions, online grocery retailers, and professional services firms. The company was founded in 2018 and is based in Singapore.
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Our Methodology
The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.
What is Intelligent Document Processing (IDP)?
The intelligent document processing (IDP) market is focused on automating the processing of unstructured data, such as documents, emails, images and videos. This is achieved through the use of AI and machine learning technologies that can extract relevant information from these sources and integrate it into workflows. The IDP market is growing rapidly as businesses seek to reduce manual processing costs, improve accuracy and speed up decision-making processes.
Expert Collections
Market Map
Similar Markets
Do you compete within Intelligent Document Processing (IDP)?
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Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.