Enterprises generate data at an unprecedented pace, pushing the Global Datasphere to 175 zettabytes by 2025— at a 25% CAGR. Over 80% of this data is unstructured, making it challenging to glean insights from it, securely at speed and scale, especially for regulated sectors, such as banking, financial services, and healthcare.
Only 0.5% of unstructured data is meaningfully utilized, resulting in rising operational costs. Moreover, organizations spend nearly $2.7 trillion annually on inefficient manual document processing, leading to increased errors and slower workflows.
To address these challenges, enterprises must pivot to Intelligent Document Processing (IDP), with Generative AI (GenAI) at the core to capitalize on growing data volumes with high accuracy, break down silos and operational challenges in making sense of largely unstructured data.
Read more about how IDP has evolved with different technologies, and how with the right technical expertise and a strategic partner, enterprises can unlock actionable insights in real time from the data at their disposal.
Contact us
(*) Asterisk denotes mandatory fields