2022 Gartner® Market Guide for Intelligent Document Processing Solutions

Gartner recognises Perfect Memory as a Representative Vendor in its latest guide to the intelligent document processing solutions market.

According to Gartner, « intelligent document processing solutions are used to extract information from textual data, primarily documents, for analysis and workflow automation. »

This guide, aimed at data and analytics managers, is designed to evaluate IDP solutions to « create operational efficiencies and/or learn from them. »

With an estimated market size of $5.8 billion by 2022, intelligent document processing market is undergoing a major technological advance. 

Also known as automatic data capture or document AI, technological advances have accelerated document processing capabilities. 

In this report :

– Gartner recommends « decide between a point solution and a platform by articulating current requirements and also by considering future technological development and organizational growth (for example, support for written languages, unstructured data, domain- specific workflows and internal departmental use cases). »

– Gartner also highlights the value of « ensure that labels and classifications are harmonized with broader master metadata management by using shared master metadata frameworks such as semantic approaches. »

 

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Get Gartner® Market Guide for Intelligent Document Processing Solutions, 2022

Gartner workflow IDP

Gartner, Market Guide for Document Intelligent Processing Solutions, 16 February 2022 (Shubhangi Vashisth, Anthony Mullen, Stephen Emmott, Alejandra Lozada).

 

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