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Infrrd Takes the Lead in Intelligent Document Processing: SPARK Matrix Q3 2024

Analyst Recognitions
What gives Infrrd an edge is our focus on AI-powered Intelligent Document Processing solutions that help businesses unlock the potential of their unstructured data.
October 14, 2024

The SPARK Matrix Analysis Breakdown

The SPARK Matrix™ shared a detailed analysis of global Intelligent Document Processing vendors, evaluating them based on two primary axes: Technology Excellence and Customer Impact.

Infrrd joins the ranking list of industry giants such as Microsoft, ABBYY, UiPath, Appian, and Datamatics. These companies, along with Infrrd, are recognized for their exceptional contributions to the IDP market, consistently pushing the envelope with cutting-edge technologies that solve real-world business problems. The report also depicts, that Infrrd's leadership is distinguished not only by our advanced capabilities but also by the notable impact on customer operations.

Infrrd's Unique Offering in IDP

What gives Infrrd an edge is our focus on AI-powered Intelligent Document Processing solutions that help businesses unlock the potential of their unstructured data. With our ability to process and analyze complex document types—across industries such as mortgage, insurance, and finance—our solutions offer unmatched accuracy.

We offer an end-to-end approach to document processing, from data extraction and classification to validation, making Infrrd the go-to solution for companies looking to reduce manual efforts and improve operational efficiency.

From being a data extraction platform to a leader in comprehensive data automation Infrrd has evolved and seamlessly integrated complex workflows. With the upcoming launch of AI agent Annie by 2025, we are all set to revolutionize document processing. This year, top analyst firms like Gartner, IDC, Everest Group, ISG, and GigaOm have also recognized Infrrd for its innovation and expertise in the Intelligent Document Processing (IDP) space.

As we celebrate this recognition, we remain focused on pushing the boundaries of what's possible in Intelligent Document Processing. Our goal is to keep striving for the best-in-class solutions that empower businesses to streamline their operations and make data-driven decisions with utmost confidence.

CTA - Customer Story 

About SPARK Matrix:

SPARK Matrix is an independent evaluation framework by Quadrant Knowledge Solutions that assesses the performance and positioning of technology vendors across various sectors. It analyzes vendors based on Technology Excellence and Customer Impact, offering a detailed comparison of key players in a specific market. 

About Infrrd:

Since 2016, Infrrd has been a pioneer in Gen-AI-powered intelligent document processing, offering efficient solutions for complex data extraction. Committed to customer success, Infrrd invests heavily in industry-specific research and development to address its clients' unique challenges. The company consistently pushes the boundaries of innovation, delivering tailored solutions that earn the trust of companies globally.

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Press Contacts

Anusha Venkatesh
Marketing Content & Brand Editor
anusha.venkatesh@infrrd.ai
+91 8147777891
Anusha Venkatesh
Marketing Content & Brand Editor
anusha.venkatesh@infrrd.ai
+91 8147777891