Apps Purchases: 10+ Million Software Purchases
Founded in 2010, APPS RUN THE WORLD is a leading technology intelligence and market-research company devoted to the application space. Leveraging a rigorous data-centric research methodology, we ask the simple B2B sales intelligence question: Who’s buying enterprise applications from whom and why?
Our global team of 50 researchers has been studying the digital transformation initiatives being undertaken by 2 million + companies including technographic segmentation of 10 million ERP, EPM, CRM, HCM, Procurement, SCM, Treasury software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Apps Run The World Buyer Insight and Technographics Customer Database has over 100 data fields that detail company usage of emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database, and different on-prem and cloud apps by function, customer size (employees, revenues), industry, country, implementation status, year deal won, partner involvement, Line of Business Key Stakeholders and key decision-makers contact details, including the systems being used by Fortune 1000 and Global 2000 companies.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | VAR/SI | Insight | Insight Source |
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KeyBank | Banking and Financial Services | 17396 | $7.3B | United States | Automation Anywhere | IQ Bot | Intelligent Document Processing | 2019 | n/a | In 2019, KeyBank deployed IQ Bot as an Intelligent Document Processing solution to automate mortgage quality checks in advance of loan funding. Underwriters required fully accurate data on appraisal documents and flood certifications produced by a third party, and KeyBank’s mortgage team had been performing 100 percent of these time consuming manual reviews with volume fluctuations from a few dozen to more than 100 loans in peak seasons. The implementation combined Automation Anywhere RPA with IQ Bot in an end to end automated workflow. Documents are programmatically downloaded and converted to PDFs, files with more than 30 pages are split, then PDFs are uploaded to IQ Bot which is tailored to classify and extract fields that distinguish appraisal forms from flood certification forms. IQ Bot produces a response file as a CSV, which is ingested by an RPA task bot to perform lookups and comparisons and to assemble an output report of items that require human review. Operational coverage centered on the mortgage operations and underwriting pre funding checks, with the automation processing approximately 40,000 documents to date. When the COVID-19 pandemic created constraints on on site staffing and increased call volumes, KeyBank relied on the RPA plus IQ Bot orchestration to absorb additional work without immediate headcount increases. Governance shifted the team from full document processing to an exception handling model where employees review only the items surfaced in the output report. The deployment emphasizes Intelligent Document Processing capabilities such as document classification, field extraction, and CSV based handoff to RPA for downstream reconciliation, and has produced an exception rate of 15 percent on the automated workflow. | |
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Colorado Housing and Finance Authority - CHFA | Banking and Financial Services | 250 | $37M | United States | Tungsten Automation | Kofax Analytics for Capture | Intelligent Document Processing | 2017 | n/a | In 2017, Colorado Housing and Finance Authority implemented Kofax Analytics for Capture as part of a broader deployment that included Kofax Capture and Kofax Transformation to address mortgage loan application processing across Colorado. The program targeted Intelligent Document Processing use cases to digitize incoming loan packages, automate image capture and apply automated data extraction and validation to reduce manual intake work. The deployment centralized capture and classification at intake points and applied extraction workflows to feed downstream processing queues. Kofax Analytics for Capture delivered analytics and monitoring for capture throughput, exception volumes and queue status, while Kofax Capture and Kofax Transformation provided document ingestion, OCR extraction, zonal recognition and rule based transformation of loan documents. The implementation configured automated classification, field extraction, confidence scoring and human review routing to streamline underwriting handoffs. Configuration emphasized capture profiles by loan product and exception queues to support operational triage. Operational scope covered mortgage origination and application processing workflows used by CHFA and its lender partners statewide, with analytics dashboards providing lenders near real time visibility into application status. Governance was implemented through standardized routing rules and exception handling policies to unify document validation and approval processes across processing teams. According to the vendor release, the solution reduced application processing and approval times from as much as seven days to less than an hour and delivered near real time status visibility to lenders. | |
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Banking and Financial Services | 50 | $6M | United States | Tungsten Automation | Kofax ControlSuite | Intelligent Document Processing | 2020 | n/a |
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Banking and Financial Services | 800 | $170M | United States | Tungsten Automation | Kofax Mortgage Agility | Intelligent Document Processing | 2013 | n/a |
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Banking and Financial Services | 200 | $50M | United States | Tungsten Automation | Kofax Transformation | Intelligent Document Processing | 2017 | n/a |
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Banking and Financial Services | 20 | $2M | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2020 | n/a |
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Banking and Financial Services | 25 | $3M | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2014 | n/a |
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Banking and Financial Services | 2500 | $1.0B | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2017 | n/a |
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Banking and Financial Services | 1600 | $245M | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2016 | n/a |
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Banking and Financial Services | 1200 | $300M | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2017 | n/a |
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