Remember when we all thought Kofax was going to be SharePoint BPM specialist K2? Well, that was the rumor floating around at least untilKofax announced it was actually going to buy Singularity, a smaller competitor in the same space. Kofax went on to leverage the K2 platform to create Total Agility 7, its new platform for deploying smart process applications (SPAs) designed to connect front-end systems of engagement effectively with back-end systems of record.
In the meantime, it appears that a relationship has percolated between K2 and Top Image Systems, which competes with Kofax in the document capture market. K2 and Top Image apparently already have 10 joint customers and yesterday announced a strategic partnership. They are billing their combined technologies as a way to create SPAs. Apparently they have already had success in Europe and Asia-Pac in applications like the digital mailroom. According to the press release, “Joint customers are able to automatically process millions of documents per year with virtually no human intervention. The solutions deliver information to the right people at the right time, with everything needed to make smart decisions.”
Top Image exhibited at the recent K2 User Conference. Said, Michael Schrader, Top Image Systems COO. “After seeing success with our joint solutions in Asia-Pacific and EMEA, we are looking forward to expanding that success to North America.”