© 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
© ABBYY Confidential
Digital Transformation
© ABBYY Confidential 4
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
© ABBYY Confidential 5
McKinsey Analysis
• Real-Time• Multichannel• Straight Through
Processing
real-time
multichannel
Decision making Connectivity
Automation
• Digitalaugmentation of traditional channels
straight-through processing
EnhancedCorporate
control
© ABBYY Confidential 6
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
© ABBYY Confidential 8
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 Confidential
ABBYY Portfolio
© ABBYY Confidential 11
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
© ABBYY Confidential 12
FlexiCapture
FineReaderEngine
Recognition Server
FineReaderCorporate
PlatformDesktop
SDKServer
Addressing Digital Transformation
FineReader
Smart Classifier
© ABBYY Confidential 13
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
© ABBYY Confidential 14
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
© ABBYY Confidential
Applying the Portfolio
© ABBYY Confidential 18
Applying the Portfolio
Banking/Credit Applications Mortgage OriginationMortgage Documents
© ABBYY Confidential 19
ABBYY Recognition Server
• ABBYY Recognition Server running as an OCR Service
• Reduced manual labor by 60%
• Integrated into back-office processing systems
© ABBYY Confidential 20
ABBYY FineReader
• Normalizing and Editing of PDF Origination Documents
• Straight-Through Presentation to Target Banks
• Reduced Manual Entry
© ABBYY Confidential 21
ABBYY FlexiCapture
• 25% Efficiency Gain
• 1.7m Pages Per Month
• Automation of the Loan Process
• Scanning, Classification, Extraction, Validation & Export
© ABBYY Confidential
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
© ABBYY Confidential 24
Text Analytics Use Cases
© ABBYY Confidential
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
© ABBYY Confidential 26
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
© ABBYY Confidential 27
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
© ABBYY Confidential
Questions?