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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Enact Mortgage Insurance | Insurance | 503 | $1.1B | United States | TRUE AI | SoftWorks AI | Intelligent Document Processing | 2019 | n/a | In 2019, Enact Mortgage Insurance implemented SoftWorks AI as an Intelligent Document Processing solution to automate incoming document intake and extraction. The SoftWorks AI deployment was positioned to reduce manual touch points in mortgage insurance processing and to support operational continuity during distributed work arrangements. The implementation leveraged core Intelligent Document Processing capabilities including document ingestion, optical character recognition, automated document classification, structured data extraction, and human in the loop validation for exception handling. Configuration emphasized workflow orchestration for underwriting and policy operations, automated routing into downstream processing queues, and rule based validation to accelerate document handoff to business teams. Governance and rollout focused on operations and underwriting team alignment, establishing review queues and operational SLAs, and training for remote processing scenarios. Enact reported that using SoftWorks AI delivered a competitive advantage and enabled best in class turn times, and when employees began to work from home volumes increased while Enact sustained throughput and did not struggle when many competitors could not keep up. | |
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Arch Mortgage Insurance Company | Insurance | 800 | $310M | United States | TRUE AI | SoftWorks AI | Intelligent Document Processing | 2020 | n/a | In 2020 Arch Mortgage Insurance Company implemented SoftWorks AI, deploying the SoftWorks AI Intelligent Document Processing application to automate mortgage loan packet handling and underwriting workflows. The initial engagement included detailed business and process due diligence, documenting the as-is and to-be processes and producing functional requirement specification documents to guide configuration and rollout. Implementation emphasized automated data extraction and document classification capabilities of SoftWorks AI, with configuration of document ingestion pipelines, optical character recognition, and classification models tailored to mortgage documentation. The solution was also configured to provide workflow guidance and assistive features to orient, train, assist and mentor more junior level underwriters, aligning Intelligent Document Processing outputs with underwriting review tasks. SoftWorks AI was integrated to run, read and interpret Automated Underwriting Decision results in both Desktop Underwriter and Loan Prospector, creating an operational linkage between document automation and automated underwriting decision engines. Operational scope centered on underwriting and loan operations teams in the United States, with personnel selection favoring experience on Encompass class systems to support downstream loan origination workflows. Governance activities included formal process improvement recommendations based on identified flaws in existing workflows, the creation of governance artifacts and the handoff of functional requirement specifications to operations. Reported outcomes from the deployment included cutting loan packet processing time by as much as 96 percent through automated data extraction and classification, while the implementation also established new automated review and mentoring workflows for underwriting staff. | |
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Banking and Financial Services | 4000 | $900M | United States | TRUE AI | SoftWorks AI | Intelligent Document Processing | 2018 | n/a |
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Insurance | 2700 | $7.4B | United States | TRUE AI | SoftWorks AI | Intelligent Document Processing | 2020 | n/a |
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Banking and Financial Services | 500 | $100M | United States | Vaultedge | Vaultedge Mortgage Automation | Intelligent Document Processing | 2021 | n/a |
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Banking and Financial Services | 4600 | $1.0B | United States | Vaultedge | Vaultedge Mortgage Automation | Intelligent Document Processing | 2019 | n/a |
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Banking and Financial Services | 214521 | $23.2B | India | Vaultedge | Vaultedge Mortgage Automation | Intelligent Document Processing | 2015 | n/a |
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Insurance | 8400 | $10.1B | United States | WorkFusion | WorkFusion Intelligent Automation | Intelligent Document Processing | 2020 | n/a |
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Banking and Financial Services | 53597 | $25.2B | Canada | WorkFusion | WorkFusion Intelligent Automation | Intelligent Document Processing | 2019 | n/a |
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Retail | 1690 | $314M | United Kingdom | Adobe Systems | Adobe Creative Cloud | Content Management | 2018 | n/a |
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