BLOGS + INSIGHTS

Geneva, Switzerland (September 16, 2025) – Infosource has published its annual State of the Global Intelligent Document Processing (IDP) Market report, providing an in-depth analysis of market dynamics, technology trends, and vendor performance across the evolving automation ecosystem. Definition and Value of IDP Infosource defines IDP as software and services

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

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

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

April 2025 By Ralph Gammon, Senior Analyst, Infosource Capture & IDP SW                                                         On April 2, which was promoted by U.S. President Donald Trump