NEW YORK and NOIDA, India, September 8th, 2023: HCLTech, a leading global technology company, has been designated as a Leader in Everest Group’s Unstructured Document Processing PEAK Matrix® Assessment 2023.
The report recognizes HCLTech’s patented Intelligent Document Processing (IDP) platform, EXACTO™, which uses the latest innovations in AI, machine learning, and computer vision techniques to help interpret, extract, and read both structured and unstructured text information.
“HCLTech’s IDP platform, EXACTO™, offers robust digitization, classification, and extraction capabilities for semi-structured and unstructured documents. The interactive assessment generator capability, iKnow, which creates training questionnaires from eBooks and manuals, along with capabilities such as generating text summaries and comparing legal contracts, are key differentiators of its IDP solution,” said Vaibhav Bansal, Vice President, Everest Group. “The rich domain ontologies in trade processing, medical document triage, and KYC (Know Your Customer), the ability to generate synthetic data for improving model performance, and the native web-crawling capability have been instrumental for HCLTech to emerge as a Leader in Everest Group’s Unstructured Document Processing PEAK Matrix® Assessment 2023.”
“This recognition demonstrates our unique ability to meet the demands of enterprises through continuous digital transformation and process excellence,” said Raghu Kidambi, Corporate Vice President of digital Process Operations, at HCLTech. “EXACTO™ provides a best-in-class portfolio of next-generation solutions that help organizations to drive intelligent and automated document processing capabilities to streamline their digital operations. HCLTech’s commitment to product innovation will enable us to maintain this leadership as we continue to bring a range of custom use cases to EXACTO™.”
HCLTech was one of the 32 providers evaluated for the report, which assessed the offerings against market adoption, portfolio mix, value delivered, and extraordinary vision and capability covering vision and strategy, the scope of services offered, innovation and investments, and delivery footprint.
To download the report, please visit: https://www.hcltech.com/analyst/analyst-reports/hcltech-positioned-leader-unstructured-document-processing-products-peak
