ABBYY Solutions Strengths, Domain Expertise, and Key Differentiators
ABBYY assists enterprises and organizations in converting their data into intelligent, actionable insights, enabling quicker and more informed decision-making to achieve superior outcomes. Their intelligent automation solutions leverage AI tailored specifically for the enterprise, prioritizing customer needs. ABBYY's intelligent document processing capability seamlessly transforms data from diverse documents, regardless of format or language, into actionable information that fuels processes and decision-making. Additionally, ABBYY Process Intelligence offers valuable insights into business processes, enhancing their execution for improved outcomes.
ABBYY Solutions Recent Developments
The most recent iteration of ABBYY's Timeline Process Intelligence, Version 6.0, introduces enhanced functionalities aimed at making process mining more user-friendly and accessible while facilitating a deeper understanding of business operations. With a revamped interface, Timeline 6.0 offers a refreshed look, ensuring a smoother user experience that is both intuitive and convenient for exploring and scrutinizing processes in greater detail. The updated navigation paths provide comprehensive insights into usage, data, and context, enabling users to delve deeper into their analyses. Furthermore, the logical grouping of elements and overall design approach contribute to improved flows and operational configurations, enhancing the efficiency and effectiveness of the analysis process.
ABBYY Solutions Mergers and Acquisitions (M&A) Activities
In October 2020, ABBYY acquired Pericom Singapore, a move that bolsters ABBYY's footprint in the Asia Pacific region, building upon the establishment of its Hong Kong office in 2019. This strategic acquisition enhances ABBYY's capabilities and presence in the region.
ABBYY Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ABBYY Solutions applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ABBYY Solutions and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ABBYY FineReader, ABBYY Vantage, ABBYY FlexiCapture, ABBYY Timeline customers.
ABBYY Solutions Overview
890 Hillview Court, Suite 300
Milpitas, CA, 95035, United States
1 408-457-9777
https://www.abbyy.com/
Ownership: - Marlin Equity Partners
Number of Employees: 1250
Functional Markets: Content Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation,
ABBYY Solutions Key Enterprise and Cloud Applications
ABBYY FineReader, ABBYY Vantage, ABBYY FlexiCapture, ABBYY Timeline
ABBYY Solutions Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ABBYY Solutions Revenue Breakdown By Type, $M:
ABBYY Solutions Enterprise Applications Revenues By Functional Markets, $M:
ABBYY Solutions Enterprise Applications Revenues By Verticals, $M:
ABBYY Solutions Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
ABBYY Solutions Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ABBYY Solutions Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ABBYY Solutions Customers
No. of ABBYY Solutions Customers: 10000
No. of ABBYY Solutions Enterprise Applications Customers: x
No. of ABBYY Solutions Cloud Customers: x
No. of ABBYY Solutions Cloud Subscribers: x
ABBYY empowers over 10,000 companies worldwide, including numerous Fortune 500 entities, to achieve substantial impact in critical areas such as customer experience, operational efficiency, and competitive edge. Among its customers are Mc'Donalds, Siemens, Yum!, Pepsico, Volkswagen, Deloitte, 3M, Ricoh and many other.
ABBYY Solutions Market Opportunities, M&A and Geo Expansions
In May 2021, ABBYY finalized a substantial investment from Marlin Equity Partners, a renowned global technology-focused investment firm. This investment signifies a significant milestone for ABBYY and underscores its commitment to driving innovation and expansion in the technology sector. In addition to Orcutt’s appointment to CMO, ABBYY is ramping up its product innovation and time-to-market with the addition of a new team of seasoned executive engineers including Patrick (PJ) Jean, CTO/CPO, Sanju Nair, VP of Product Operations and Enterprise PMO, Morgan Logue, VP of Engineering, Cloud Platform, and Andy Wahrenberger, VP of Engineering. The executive engineering team will work with ABBYY’s global team of developers and engineers to scale and deliver product advancements to meet growing demand.
ABBYY Solutions Risks and Challenges
Digital-transformation projects among enterprises are failing at a significant rate or not having the impact they should. The biggest dificulty is replacing legacy systems, getting budget approved, and skills gaps within their organizations.
ABBYY Solutions Ecosystem, Partners, Resellers and SI
ABBYY’s global presence is further amplified by its growing partner program which includes strategic alliances with automation platform providers, consultancies, integrated solution vendors (ISVs) and resellers who choose to work with the leading provider of IDP and process mining solutions. Partners such as Blue Prism, PwC, Deloitte, Workato, Mendix, NICE, Novelis and Pipefy have successfully integrated ABBYY AI into their portfolio to deliver impactful and repeatable transformations for their customers globally.
ABBYY Solutions Cloud Infrastructure Insights
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- ABBYY Solutions Public Cloud and Infrastructure (IaaS)
- ABBYY Solutions Platform (PaaS)
- ABBYY Solutions Application Delivery
- ABBYY Solutions Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
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