TCG Process Leads Strategy & Capabilities in Disruptor Category
2023 Global Capture & IDP Software Vendor Market Matrix by Infosource
We are pleased to be featured within Infosource’s annual Global Capture & IDP Software vendor matrix, strengthening our position as a leading disruptor which reflects our strong product offering and continued geographic growth initiatives.
The annual market analysis produced by Infosource identifies and assesses the top players in the worldwide capture and IDP (intelligent document processing) market. In previous years Infosource’s assessment focused largely on capture vendors that incorporated some technologies to enable intelligent document processing, but they have further recognized this as a subset as vendors in adjacent spaces (e.g. RPA & BPM) have leveraged IDP to expand. Infosource also mentions the growing complexity in the market itself, given the breadth and depth of vendor profiles and technology backgrounds.
We view this convergence in technologies as further highlighting the importance of IDP within business process management and automation rather treating it as a separate, standalone solution.
Being able to extract data quickly and accurately from both electronic or digital and paper-based inputs, while enabling decisions and connections to ensure the full business process can be acted upon is why we have built a modern, unified architecture to build, deploy, manage and monitor processes within DocProStar to complement our classification, extraction and validation technology. We believe this holistic approach of combining capture, IDP, BPA and orchestration is what organizations require to stay agile and flexible as they continue to enhance their digital transformation and automation strategies.
Whilst other RPA or BPM vendors may struggle with content normalization and advanced classification, TCG Process’ roots in capture and IDP mean that we have this strong foundational base and layered on the ability to take action and dynamically control processes from start to end.
Given the increase in complexity in the market and the value Infosource has placed on the amount of automation a solution can provide, we feel that this truly recognizes DocProStar for just how capable it is and how the product capabilities have grown since last year’s report.
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