ABBYY
Artificial Intelligence
Austin, Texas
Overall Rank: 28
Category: Artificial Intelligence
Category Rank: 6
Awards:
Top Software Companies of 2024
Profile
ABBYY is a global leader in purpose-built AI for intelligent automation, helping thousands of companies worldwide transform enterprise processes and data to reduce manual work and boost efficiency. For over 35 years ABBYY has deployed a blend of experience, innovation and value to empower businesses in any industry to make data-driven decisions that optimize outcomes and accelerate ROI through innovative automation solutions and strategies.
While the enterprise market is saturated with exaggerated claims of AI integration, ABBYY stands above the hype with a purpose-built approach to AI that solves businesses’ key challenges and saves millions of dollars through document automation and process improvement. With an emphasis on user-friendly low-code functionality, ABBYY’s leading solutions in intelligent document processing (IDP) and process intelligence bring new levels of ease and clarity to making smart decisions that enable profound efficiency gains and reductions in manual work without sacrificing accuracy.
ABBYY’s global impact has garnered the trust of over 10,000 companies worldwide and recognition from 10 industry analyst firms for leadership in IDP and process intelligence. Headquartered in the United States and with offices in 13 countries, ABBYY is proud to be a pillar of AI innovation and a strong supporter of developer communities through global event series like the ABBYY AI Summit and ABBYY DevCon.
Visit abbyy.com
Key Products
ABBYY Vantage is the industry’s first low-code/no-code IDP solution, powered by pre-trained AI skills that are purpose-built to extract and understand data within documents with a high degree of autonomy and accuracy.
ABBYY Timeline is a comprehensive process intelligence platform that empowers data-led decisions for optimization by combining process mining, task mining, and process simulation capabilities to create an interactive “digital twin” of key workflows.
ABBYY FineReader PDF makes it easier to digitize, retrieve, edit, protect, share, and collaborate on PDFs using the latest AI-powered OCR technology.
Key Executives
Ulf Persson, Chief Executive Officer
Bruce Orcutt, Chief Marketing Officer
Patrick “PJ” Jean, Chief Technology & Product Officer
Neil Murphy, Chief Revenue Officer
Brian Unruh, Chief Financial Officer
Clayton Peddy, Chief Information Security Officer
Customer Insights
Gartner Anonymized Reviews (Timeline)
ABBYY Timeline performs extremely well for us. It is extremely fast and accurate, even when handling massive datasets or very complex timelines. The software also integrates well with other tools and platforms and has allowed for smooth data import and export. ABBBY has also provided our company with excellent customer support throughout our lifetime with them.
Gartner Anonymized Review (Vantage)
“ABBYY has truly elevated our customers’ business by streamlining and optimizing their business processes. As an International Pre-Sales Manager, having a tool as part of our portfolio that captures data rapidly is invaluable. ABBYY’s Timeline product delivers incredible ease of use and quick time to value. They don’t just help us with data discovery but also make sustaining business changes simpler and more effective. The blend of AI and automation has made our customers’ workflows seamless and bolstered their operational efficiency. Endorsing ABBYY for process optimization is a no-brainer.” – John Bailey, International Pre-Sales Manager of Blue Prism Limited
“I like the technology of ABBYY Vantage, and the support received from the ABBYY team (sales and product support). I have been using ABBYY Vantage for the past year and I’m loving it.” – Imran Loon, Lead Solutions Architect of Tech Mahindra Ltd.
“ABBYY has been a fantastic asset for our business, enabling us to turn piles of documents into actionable data with impressive ease. As a Solution Architect with extensive experience in automation, I’m particularly impressed by how ABBYY’s OCR and data capture tech streamline complex processes. Their solutions are not only reliable and accurate but also drive innovation and optimize our workflows. The quick time to value and ease of use are standout features that make my job a breeze. ABBYY’s expertise in AI has solidified its place as a trusted advisor in our digital transformation journey.” – Anil Kumar S, Technology Lead of Infosys BPM Limited
Competitors
- Celonis
- Tungsten Automation
- UiPath
- Microsoft
Corporate Responsibility
To contribute to a future of ethical and responsible AI, ABBYY supports non-profit public charity ForHumanity in their mission to develop independent AI audit systems. ForHumanity’s mission is to make AI safe for society, support government and regulatory agencies, and manage risk associated with AI. ABBYY will be co-leading a working group focused on establishing rules related to financial services Model Risk Management (SR11-7), Fair Housing and Fair Credit.
ABBYY is also the official intelligent automation partner of Arsenal Women Football Club, reinforcing our commitment to gender equity and equality, diversity and inclusion – a powerful mission rooted in ABBYY’s history of game-changing innovation and excellence. With above-industry-average representation of women in the workplace, ABBYY is proud to challenge the gender gap in the tech industry; women at ABBYY represent over 35% of our workforce and more than one third of our team leaders. ABBYY has supported female athletes for years through its sponsorship of the PFU BlueCats volleyball team and is excited to be elevating women’s sports to a global stage through its partnership with Arsenal Women.

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