solving digital transformation with abbyy solutions at #abbyysummit16

© ABBYY Confidential

Solving Digital Transformation with ABBYY

Butch Reh

Vice President, Sales

© ABBYY Confidential 2

Agenda

• Digital Transformation – ABBYY View• Addressing Digital Transformation Opportunity• ABBYY Portfolio• Examples and Use Cases


Digital Transformation


Digital Transformation

“The result of IT innovation that is aligned with and driven by a well-planned business strategy with the goal of transforming how organizations:

• serve customers, employees and partners • support continuous improvement in operations• disrupt existing businesses and markets• invent new businesses and business models”

Nick Patience


McKinsey Analysis

• Real-Time• Multichannel• Straight Through

Processing

real-time

multichannel

Decision making Connectivity

Automation

• Digitalaugmentation of traditional channels

straight-through processing

EnhancedCorporate

control

Enhanced Customer EngagementSelf-service and real-time response improve

customer engagement/satisfaction

ComplianceBetter compliance through full audit trail

reducing the risk of failure

Faster DecisionsAutomation feeds the process

and decision engines

Cost Reduction & Rapid ROIReduction of manual intervention, better data

quality and lower costs

ProductivityDo more with less – manual processes are

slow and can be improved significantly

Better Visibility and TransparencyCustomer data is no longer in a black hole in a

filing cabinet or on a desk

Benefits of Being Digital


Drivers – Think Customer (think you)

• Mobile First• Real-Time• Contextual• Engaged

This Thisor

Think about what your LOB process owners want to accomplish?

Capture View Digital Transformation

I need to create meta-data and index the document

I need to understand context, relationships and data in order to make better/faster decisions

My data entry and validation operators will ensure accuracy

Self-service and real-time supported by machine learning and natural language processing

I will export the image and data to the repository

Process and decision services own the data and orchestrate the engagement

I need to engage my customers where they are and via any channel – mainly mobile

I need to scan the document so I can store and retrieve it later

The Move…


ABBYY Portfolio


ABBYY Technology and Product Stack

Applications

FlexiCapture Platform• FlexiCapture for Invoices• FlexiCapture for Mailroom

Recognition Server

FineReader

• VARs (Capture/ECM Centric)• Retail/Online (FineReader)• System Integrators• Direct (BPM Partnerships)

• ISVs• BPOs• System Integrators

Channel

Our products are built upon our own IP stack. ALL ABBYY Inside

ABBYY Smart Classifier

ABBYY Info Extractor


FlexiCapture

FineReaderEngine

Recognition Server

FineReaderCorporate

PlatformDesktop

SDKServer

Addressing Digital Transformation

FineReader

Smart Classifier


Within the Portfolio

Personal• FineReader• PDF Transformer• Comparator

SDK• FineReader Engine• FlexiCapture Engine• Mobile (OCR, Receipt)• Smart Classifier

Platform• FlexiCapture• FlexiCapture for Invoices• FlexiCapture Mailroom

Server• Recognition Server• FineReader Corporate


Within the Portfolio

Personal• FineReader• PDF Transformer• Comparator

SDK• FineReader Engine• FlexiCapture Engine• Mobile (OCR, Receipt)• Smart Classifier

Platform• FlexiCapture• FlexiCapture for Invoices• FlexiCapture Mailroom

Server• Recognition Server• FineReader Corporate

DeveloperIntegratorISV

ITWorkgroupShared Service

LOBProcess OwnerOperations

PersonalProductivity

Confidential 15

What About Cloud?

Version 12.0

…and much more

How ABBYY Can Help?

OCR SDK

Data Capture API “Service”

Comprehensive Platform

Text/Semantic Classification

Build your own app and service

Build your own app and service

Pre-Built with User Interfaces and Apps

Unstructured Document Classification

Native On-Device OCR Incorporate NativeOCR into Mobile App

Developer Tools

Enterprise Platform


Applying the Portfolio


Applying the Portfolio

Banking/Credit Applications Mortgage OriginationMortgage Documents


ABBYY Recognition Server

• ABBYY Recognition Server running as an OCR Service

• Reduced manual labor by 60%

• Integrated into back-office processing systems


ABBYY FineReader

• Normalizing and Editing of PDF Origination Documents

• Straight-Through Presentation to Target Banks

• Reduced Manual Entry


ABBYY FlexiCapture

• 25% Efficiency Gain

• 1.7m Pages Per Month

• Automation of the Loan Process

• Scanning, Classification, Extraction, Validation & Export


What About Unstructured?

Language-Based Computing

23

Syntax SemanticsOntologies StatisticsMorphology

Comprehensive Text Analytics Understand meaning Identify relationships

Automatically and accurately identify entities, facts and events to understand textual documents Regardless of document complexity

Regardless of natural language shortcuts

Without the need to construct complex rule sets or large statistical training sets


Text Analytics Use Cases


SDK Case Study - Healthcare

Capture information from medical documents with ABBYY FineReader Engine• Up to 20 million pages per month• 1-3 seconds per page

Friday 09:30 – 10:00 at SDK Technology Track


SDK Case Study – Financial Services

Mobile capture for loan application with ABBYY FlexiCapture Engine• Paystubs, W-2 and other documents • Mobile + Cloud

Friday 09:30 – 10:00 at SDK Technology Track


Future

• Cognitive processing will replace human tasks

• Robotic automation demands increased data

• Real-time insight and context delivered through machine learning and NLP

Automation

Recognition

Text Analytics


Questions?