Cortical.io announced that Gartner, has included the company as a Representative Vendor in 2022 Gartner(R) Market Guide for Intelligent Document Processing (IDP).
As noted in the report, "Vendors were selected based on the following: Those whose core product met the definition of "IDP"; Those most mentioned in client interactions; Broad awareness in the market, as identified through external review of publications and other public research."
"The high variability of business documents poses a problem for automation tools. Most IDP vendors need tens of thousands of documents to train their systems and that’s why they focus on very specific use cases. Thanks to our different approach to NLU, our products can solve new use cases with comparatively little training data," said Thomas Reinemer, COO at Cortical.io. "This is game-changing for the IDP market."
*Gartner, "Market Guide for Intelligent Document Processing Solutions", Shubhangi Vashisth, Anthony Mullen, Stephen Emmott, Alejandra Lozada, 16 February 2022. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner, Inc. is a research and advisory firm that helps more than 10,000 clients leverage technology to achieve business success. Gartner’s businesses consist of Research, Consulting, Measurement, Events and Executive Programs. Founded in 1979, Gartner has over 3,800 associates, including approximately 1,000 research analysts and consultants, in more than 75 locations worldwide.
Published: Wednesday, March 2, 2022
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