NICE Enhances Its Cognitive Robotic Automation with Advanced OCR Capabilities
21 Novembre 2017 - 1:00PM
Business Wire
NICE’s integration with ABBYY’s advanced text
and image extraction technology is set to augment NICE’s AI
proficiency by providing access to capabilities that extend beyond
traditional RPA solutions
NICE (Nasdaq:NICE) today announced a new enhancement in
its Robotic Process Automation (RPA) platform with the
incorporation of the most advanced Optical Character Recognition
(OCR) solution on the market. In an agreement with software vendor
ABBYY, NICE has extended the cognitive automation capabilities of
its Robotic Automation offering to include enhanced data extraction
from scanned documents and images.
The OCR solution is sophisticated, automated, and fully
integrated into the workflow of complex business process
automations, uniquely supported by NICE, that seamlessly transition
between fully robotic and human-supported input as needed. The
result is more accurate, faster and higher quality textual output,
enabling NICE robots to automate more tasks, while reducing
operating and training costs.
One of the most challenging and expensive operational scenarios
for many businesses is the manual processing of scanned documents,
which, according to the Institute of Finance and Management’s
(IOFM) Accounts Payable Benchmark and Analysis Study, still
accounts for the majority of invoices received by more than 50
percent of companies today. ABBYY’s advanced OCR engine, fully
embedded into NICE’s RPA platform, replaces the very time and
labor-intensive manual processing of these invoices with an
automated and rapid extraction, organization and formatting of
text, including data from within tables.
For maximum accuracy, NICE Robotic Automation displays a
call-out for human input to verify the OCR reading of any unclear
elements of a scanned document which may contain hand written or
overlapping text. Once confirmed or corrected, the fully automated
processing continues. At the same time, the NICE platform’s
artificial intelligence capabilities continually enable the robots
to learn from the human intervention and evolve a growing
intelligence and proficiency to manage OCR exceptions.
As part of NICE’s enterprise-grade robotic process automation
platform, the advanced OCR engine is fully scalable and recognizes
over 200 different languages. With the capability to process screen
imagery from 3rd party applications running on remote machines, the
solution enables higher quality and more robust surface
automation.
Miki Migdal, president of the NICE Enterprise Product
Group:“We are delighted to bring the most advanced and
comprehensive OCR engine to our customers as part of our ongoing
commitment to innovation on a global scale. Our partnerships with
leading industry players such as ABBYY are key to our success in
delivering the market’s foremost Robotic Automation solutions. As
business processes are becoming progressively more complex, NICE
customers are staying ahead of the curve with advanced RPA,
integrating the latest cognitive technologies for a more
intelligent robotic workforce.”
Dean Tang, CEO for ABBYY USA:"Enterprises across numerous
industries are realizing that ABBYY solutions can immediately and
tangibly impact their bottom line, allowing them to focus their
human resources on other aspects of the business and compete more
effectively. NICE is an experienced and innovative enterprise
player in the global market and we are pleased to be contributing
towards a smarter RPA platform."
About NICENICE (Nasdaq:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE solutions.
www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking StatementsThis press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Migdal, are based on
the current beliefs, expectations and assumptions of the management
of NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171121005393/en/
NICECorporate Media ContactIlana Hart, +972 9 775
3818ilana.hart@nice.comorInvestorsMarty Cohen, +1 551 256
5354, ETir@nice.comorYisca Erez +972 9 775 3798, CETir@nice.com
NICE (NASDAQ:NICE)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
NICE (NASDAQ:NICE)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024