ABBYY Launches Vantage, Platform Delivering Human-Like Skills to Digital Workforce

Share This Post

Share on linkedin
Share on twitter
Share on email

ABBYY Vantage Empowers Business Users to Accelerate Digital Transformation Goals
Milpitas, CA – April 2, 2019 – ABBYY, a global leader in Content IQ technologies and solutions, today
launched ABBYY Vantage, the first enterprise platform to provide human-like cognitive skills to
intelligent automation platforms such as robotic process automation (RPA) and business process
automation (BPA). The new platform can be leveraged by enterprise companies in financial services
and insurance, transportation and logistics, manufacturing, and other industries. Several high-profile
enterprise customers and consulting partners are participating in the early adopter program, including
Merck, Symphony Ventures, RoboRana, and RPAbox.
Vantage offers a transformative shift in the way structured and unstructured content is processed
utilizing cognitive skills to make digital robots in automation platforms smarter and faster. It delivers
text recognition, machine learning, and artificial intelligence (AI) in the form of consumable skills to
power the new digital workforce (software robots) needed to make intelligent business decisions.
According to the Forrester report “Predictions 2019: Artificial Intelligence,” more than 40% of
enterprises will create digital workers by combining AI with RPA. The research firm estimates the RPA
market will reach $1.7 billion in 2019 and $2.9 billion in 2021. Vantage addresses common content
centric process pain points such as lengthy set-up and configuration, shortage of training data,
requiring skilled experts in areas like machine learning for automating unstructured content, and
inability to scale across an enterprise organization resulting in missed efficiency and cost gains.
“For the first time, enterprises can automate content-based processes without requiring users to be
tech experts. ABBYY has revolutionized the way organizations accelerate their digital transformation
initiatives by simplifying technologies like AI and data capture. This makes content-centric processes
easier to set up and configure with out-of-the-box core skills and advanced cognitive skills that make
robots smarter,” stated Anthony Macciola, Chief Innovation Officer at ABBYY. “Vantage delivers the
technology as consumable skills that are combined with automation platforms like RPA to accelerate
enterprise self-service automation. Organizations can quickly leverage these skills directly in their
process automation platform cutting down the time it takes to deploy and realize the benefits. Vantage
sets a new bar by simplifying how cognitive skills are designed, deployed, and consumed.”
The new platform minimizes the complexity of processing content such as documents, forms, images,
and email communications with a set of cognitive skills that allow digital workers to identify a
document, find specific information, understand the content, and route the document or process the
information on its content. Core cognitive skills include text recognition, classification, and data
extraction coupled with learning and can be plugged into any type of document workflow. Advanced
cognitive skills can be developed by partners and customers to perform specific tasks unique to a
business operation, such as processing a loan application, insurance claim or bill of lading.
“Enterprise operations executives are searching for the best approach to get started on the AI
automation journey,” commented Sarah Burnett, Executive Vice President and Distinguished Analyst
at Everest Group. “The advent of RPA opened the eyes of executives that they need AI in addition to
RPA technologies to handle both structured and unstructured content. With solutions such as Vantage,
ABBYY is addressing this demand for intelligent automation. Vantage will add intelligent skills to RPA
to enable organizations to scale automation — more processes and more of each process as well.”
Vantage tightly integrates into leading RPA platforms like Blue Prism, UiPath, and others. It also can
be leveraged by ISVs, System Integrators, BPOs, and IT technology strategists who have a business
need to incorporate content IQ skills into their automation platforms. It is the first product on the
market designed to increase the Content IQ of the digital workforce by allowing them to quickly and
easily understand and process content as part of an overall automation task. These capabilities can
for the first time be adopted and scaled across an organization in mass.
Availability and Pricing
Vantage is available now for early adopters and will be generally available in Q2 2019 via
www.abbyy.com/vantage.
The platform offers a simple pricing and licensing model based on document transaction volume
making it easy for business users to quickly determine cost and ROI.
Vantage is a componentized service platform with 100% HTML interfaces, therefore requiring no
desktop installation.

Subscribe To Our Newsletter

Get updates and learn from the best

Latest Blog Articles