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Datamatics, a global Digital Solutions, Technology and BPM Company, today announced that it has been recognized as a ‘Major Contender’ and ‘Star Performer’ in Everest Group’s PEAK Matrix for Intelligent Document Processing for its product TruCap+. The report is authored by Anil Vijayan, Ashwin Gopakumar, Samikshya Meher, Shiven Mittal, Utkarsh Shahdeo. The report assess 27 leading technology vendors in terms of their IDP product’s vision & capability and market impact and categorize them into Leaders, Major Contenders, Aspirants, and Star Performers.
Datamatics has been recognized for TruCap+ for the third consecutive year. TruCap+ is an AI-enabled Intelligent Document Processing (IDP) product that allows enterprises to realize faster time-to-value and achieve greater Straight-Through Processing (STP) with accuracy.
Key findings about TruCap+ in the Everest report:
“Datamatics is a Star Performer and Major Contender on Everest Group’s PEAK Matrix® for IDP software products in 2021. It has significantly enhanced the capabilities of its TruCap+ platform and achieved strong growth in the IDP market,” said Anil Vijayan, Vice President, Everest Group. “Its enhanced user interface, robust reporting and analytics capabilities, strong customer support and training offerings, and integrated RPA and AI capabilities position it well for further success.”
“Datamatics recognition as a ‘Star Performer’ indicates our significant investments steady growth in the IDP space. Last year, we launched a new version of TruCap+ which is template-free, cloud based and with pre-built AI/ML capabilities enabling business users to quickly achieve document automation” said Mitul Mehta, SVP & Head, Marketing & Communications, Datamatics. "We are proud to be named as Star Performer and Major Contender on Everest Group’s PEAK Matrix® for IDP software products in 2021.”
To know more about TruCap+, visit https://www.datamatics.com/intelligent-automation/idp-trucap
Everest Group is a consulting and research firm focused on strategic IT, business services and engineering services. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products & solutions within various market segments.
Download a custom version of the report: https://www.datamatics.com/resources/analyst-reports/everest-group-peak-matrix-for-idp-technology-vendors-2021
Datamatics is a Digital Technologies, Operations, and Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage.