Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024

Each year, Everest Group conducts an in-depth study to assess the Intelligent Document Processing (IDP) product offerings of technology providers and position them accurately in the marketplace.

For the second year in a row, Everest Group recognized UiPath as a Leader in their IDP Products PEAK Matrix® Assessment.

UiPath offers both generative AI and specialized AI models for Document Understanding and Communications Mining to enable fast and accurate document processing. These models are trained to classify and extract relevant data from invoices, receipts, contracts, emails, customer communications, and other document formats. Using generative AI and specialized AI, UiPath streamlines the automation of document-intensive processes, reducing manual effort and increasing accuracy.

UiPath has reinforced its position as a Leader in the Intelligent Document Processing (IDP) PEAK Matrix® Assessment 2024, owing to continuous investments in capability expansion to process a variety of documents across industries. Additionally, its strong growth, investments in generative AI-powered Autopilot to create ML and NLP models using natural language prompts, and pre-trained models for unstructured use cases led to this inclusion,” said Vaibhav Bansal, Vice President, Everest Group. “Ease of use of the platform, ability to integrate its IDP capabilities with RPA and other applications, and accessibility of training and documentation are some of the key strengths highlighted by its clients.

Find out why UiPath was named a Leader by Everest Group, and what that means for businesses turning to IDP to increase process efficiency, accuracy, and cost savings.

Register now to get your exclusive copy of the UiPath profile!