Everest Group Names Nividous a Major Competitor in PEAK Matrix® 2022 Evaluation of IDP Products

MOORESTOWN, NJ and Mumbai, India, June 13, 2022 /PRNewswire/ — Nividous, the global intelligent automation company, has been positioned as a top contender in Everest Group’s Intelligent Document Processing (IDP) PEAK Matrix® 2022 assessment. Click on here to access the free personalized copy of the report.

“Nividous’ integrated intelligent automation (AI) platform offers RPA, BPM and analytics capabilities as well as IDP to process structured, semi-structured and unstructured documents,” said Ashwin GopakumarPractice Director, Everest Group.

“Its proprietary OCR and data extraction models, strong workflow capabilities, native mobile app supporting on-device extraction, and flexible business models are differentiators that position it well for the hit.”

Nividous’ Intelligent Automation Platform combines IDP, RPA, AI and other cognitive capabilities to empower business users to automate processes involving complex semi-structured and unstructured documents. It uses ML, NLP and computer vision to classify, extract and validate data from different types of documents, applications and databases. It provides an easy-to-use interface with little or no code that allows business users to create new document extraction models without involving data scientists.

Nividous has made many advancements over the past year, including advanced classifiers and bulk document processing solutions. Nividous has also introduced OOTB solutions for standard accounts payable, service desk orchestration, medical coding and card mining, bank LC processing, customer onboarding, contract agreement mining and extracting insurance policies.

The IDP PEAK Matrix® 2022 assessment highlights the following key strengths of Nividous’ intelligent automation platform based on a detailed assessment of its capabilities and customer feedback:

  • The Nividous suite includes a comprehensive low-code BPMN 2.0 compliant workflow engine that allows enterprise users to create and manage workflows and connect to external databases for business rule validation .
  • A native mobile app that supports on-device mining using mobile devices.
  • Nividous customers appreciate the flexibility of its platforms’ licensing model in addition to its integrated AI offering. Flexibility helps facilitate bulk document processing and document scaling.

“Nividous is honored to be recognized as a top candidate in the IDP PEAK Matrix® assessment for the second year in a row,” said Kaushal Mashruwalaco-founder of Nividous.

“With continuous efforts in research and development, Nividous has made tremendous progress in developing robust IDP capabilities natively integrated into the Nividous platform. Many customers have testified to the exponential benefits of using our platform. automation software that natively includes RPA, BPM, and analytics capabilities as IDPs, which motivates us to continue helping them with their automation needs and gaining a competitive advantage.”

About Nividous

Nividous helps companies humanize their work with its intelligent automation platform (also called hyperautomation). From the start, we understood that automation had to be approached holistically and not in silos. Nividous’ comprehensive platform harnesses the power of RPA, AI and BPM capabilities, helping companies achieve end-to-end business process automation.

Nividous’ leadership team has decades of experience delivering hundreds of digital process automation solutions to businesses and organizations of varying sizes around the world.

Leveraging its tremendous domain expertise, the Nividous team delivers RPA and AI-enabled vertical solutions built on configurable process automation capabilities to enable businesses to operate with flexibility and agility. Nividous also offers a range of professional services that include process discovery, implementation, support and building centers of excellence. Our effort is and will remain continuous innovation.

Kayla Hardy
Marketing Attaché,
Nividous software solutions
[email protected]
+1 (442) 444 2767

SOURCE Nividous

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