Infrrd Strengths, Domain Expertise, and Key Differentiators
Infrrd is a provider of proprietary and patented Intelligent Document Processing (IDP) solutions, which leverage artificial intelligence and machine learning to enable enterprises to extract and manage data from semi-structured and unstructured documents in large volumes.
Infrrd Recent Developments
In May 2022, Infrrd makes headlines as it unveils "Infrrd for Invoice." This innovative solution seamlessly integrates the company's exclusive AI-based Intelligent Document Processing (IDP) technology. By harnessing proprietary and patented algorithms, Infrrd for Invoice stands out as a cutting-edge platform designed to extract and handle crucial invoice information with unparalleled accuracy and efficiency. This launch solidifies Infrrd's commitment to advancing technological solutions in the realm of document processing.
In June 2022, Infrrd unveiled an industry-first 100 percent accuracy offering for the processing of high volumes of complex documents spanning many variations of document types. These include, among others, invoices, mortgage-related documents, Form W2s, tax paperwork, and more. Infrrd is packaging this core offering with a performance-based pricing model to stand by its accuracy claim.
Infrrd Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Infrrd 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 Infrrd 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 Infrrd IDP Platform customers.
Infrrd Overview
2001 Gateway Place, Suite 301E
San Jose, CA, 95110, United States
1 844 446-3773
https://www.infrrd.ai/
Ownership: - x
Number of Employees: 250
Functional Markets: Analytics and BI, Content Management, ERP Financial,
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, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Infrrd Key Enterprise and Cloud Applications
Infrrd IDP Platform
Infrrd 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.
Infrrd Revenue Breakdown By Type, $M:
Infrrd Enterprise Applications Revenues By Functional Markets, $M:
Infrrd Enterprise Applications Revenues By Verticals, $M:
Infrrd 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 |
Infrrd Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Infrrd Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Infrrd Customers
No. of Infrrd Customers: x
No. of Infrrd Enterprise Applications Customers: 50+
No. of Infrrd Cloud Customers: x
No. of Infrrd Cloud Subscribers: x
Infrrd has more than 50 enterprise customers. Among its customers are ABB Switzerland, Adobe, General Electric Company, The Allstate Corporation, and many others.
Infrrd Market Opportunities, M&A and Geo Expansions
In May 2022, Infrrd launched Infrrd for Invoice, the latest addition to its portfolio. Infrrd for Invoice incorporates the company’s proprietary and patented AI-based IDP technology to extract and manage essential invoice information in an accurate and efficient manner.
In December 2021, Infrrd launched Infrrd for Mortgage, to automate the lending process for mortgage origination companies and mortgage servicing entities by using Infrrd’s IDP technology to extract and manage essential information from mortgage borrowers’ documents in an accurate way.
Infrrd Risks and Challenges
Expanding their sales worldwide is still in progress.
Infrrd Ecosystem, Partners, Resellers and SI
Infrrd has different partnership agreements with companies such as Tata Consulting Services, Opex, Cognizant, Allstate, TeDeG, Accenture, unqork, UiPath and many others.
Infrrd Cloud Infrastructure Insights
Subscribe to read more about:
- Infrrd Public Cloud and Infrastructure (IaaS)
- Infrrd Platform (PaaS)
- Infrrd Application Delivery
- Infrrd 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:
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