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Ephesoft Recognized as a "Hot Vendor in Document and Contract Analytics, 2018"

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Ephesoft Recognized as a "Hot Vendor in Document and Contract Analytics, 2018"

Vendors selected for the "Hot Vendor" report are noteworthy, visionary and innovative

PR Newswire

IRVINE, Calif., July 25, 2018 /PRNewswire-PRWeb/ -- Ephesoft, an industry leader in enterprise content capture and data discovery solutions, announced today that it was recognized as one of four "Hot Vendors in Document and Contract Analytics, 2018 " by Aragon Research, Inc., an independent research and advisory firm. Each year, Aragon Research selects Hot Vendors across multiple markets that are visionary and innovative. They may have new technology that expands capabilities, a new strategy that opens up markets, or a new way of doing business that makes them worth evaluating.

Ephesoft's platform is a smart document capture and extraction solution that utilizes patented supervised machine learning to capture, classify, extract, validate and deliver intelligence that transforms unstructured documents into actionable data. The platform leverages artificial intelligence (AI)-based supervised machine learning to extract critical data from unstructured data. This makes it possible to analyze documents and images within Enterprise Content Management repositories.

"We are honored to be recognized by Aragon Research as a 'Hot Vendor in Document and Contract Analytics, 2018' as we believe it further validates our mission to deliver machine learning-based solutions that help decision-makers worldwide make meaning out of unstructured data," said Ike Kavas, founder and CEO of Ephesoft. "Increased demand for intelligent content analytics platforms bolsters our commitment to bringing the latest cloud-based and on-premise solutions to our global partners and customers. We believe this recognition by Aragon Research supports this."

Both Ephesoft Transact and Insight leverage AI capabilities and big data technology while offering a range of integration options. These solutions can be used to improve efficiencies and reduce errors in everything from data entry to invoice processing. Ephesoft's technology also makes it possible to give context to data trapped in multiple repositories to reduce risk, drive profits, improve operations and support strategic decision-making.

About Aragon Research Inc.
Aragon Research is an independent research and advisory firm. It provides business and IT executives with the actionable insights they need to navigate technology's ever-evolving impact on business. Headquartered in Morgan Hill, Calif., Aragon Research works with executives at every major level of the business and across industries to give them the tools they need to make more informed technology and strategy decisions. For more information: http://www.aragonresearch.com.

Aragon Research does not endorse vendors, or their products or services that are referenced in its research publications, and does not advise users to select those vendors that are rated the highest. Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact. Aragon Research provides its research publications and the information contained in them "AS IS," without warranty of any kind.

About Ephesoft
Ephesoft, Inc. delivers Smart Capture® technology on a private or public cloud platform that turns the world's unstructured content into actionable information. Using supervised machine learning and a focus on efficiency and reliability, Ephesoft has crafted the next generation of smart document capture technology. Organizations use this power to automate any document-based business processes, improving accuracy, increasing productivity and reducing costs. Ephesoft is headquartered in Irvine, Calif., with regional offices throughout the US, EMEA and Asia Pacific. The company is undergoing rapid growth and has customers in over 50 countries. To learn more, visit http://www.ephesoft.com.

 

SOURCE Ephesoft Inc.

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