INFOSOURCE NEWS

INFOSOURCE NEWS

The Case for Automation and the Expanding Role of IDP

The case for automation is more compelling than ever. Faced with rising labor costs, persistent skill shortages, and mounting pressure to improve efficiency and agility, organizations across industries are accelerating their digital transformation agendas. At the heart of this transformation lies the need to automate information-intensive processes—those that rely heavily

Read More »

State of the Global Intelligent Document Processing Market 2024/2025

KEY TAKEAWAYS Global IDP spending exceeded USD 8 billion in 2024, up ~14.5% YoY, driven by process digitalisation, GenAI-enabled classification and extraction, and rising demand for end-to-end automation. Forecast: Infosource projects a ~16% CAGR for 2025–2029, with acceleration in the latter half as domain-tuned models scale and agentic automation moves

Read More »

Generative AI: Widening the Digital Divide Between Industry Verticals

By Petra Beck, Senior Analyst Software Practice at Infosource The rise of generative AI (GenAI) has marked a transformative era in digital innovation. Over the past few years, GenAI-based intelligent document processing (IDP) solutions have evolved from experimental projects to critical components of business strategies enhancing operational efficiency and customer

Read More »

KnowledgeLake and Edison Partners Announce $65M Growth Investment

St. Louis, MO and Nashville, TN – Aug. 20, 2025 — KnowledgeLake, an AI‑powered enterprise workflow automation platform, and growth equity firm Edison Partners announced a majority growth investment of $65 million. KnowledgeLake management and existing shareholders also participated. Kevin Herr, long‑time COO and CFO, has been named CEO, succeeding Ron Cameron, who

Read More »

SPEAK TO AN EXPERT:

Feel free to contact us by sharing your details here. We look forward to meeting you.

;