^ a b "Abbyy releases Vantage 2 and a new skills marketplace".^ "ABBYY, Kofax, WorkFusion, and Automation Anywhere are on the Top of Everest Group's PEAK Matrix® for IDP 2022".^ "9 Tips To Manage Remote Teams - HR.com".Īdditional products include NeoML, a cross-platform open-source machine learning library. ABBYY Timeline, a platform for business process analysis and task mining.ABBYY Proof of Identity, a solution for instant recognition and verification of documents.In 2019, natural language processing technologies were added to the solution. ABBYY FlexiCapture, a platform for intelligent document processing of information from documents.ABBYY Vantage, a platform for intelligent document processing (recognition, classification, and data retrieval) of documents.ABBYY FineReader, an application for documents and PDF files, based on ABBYY OCR technology.As of May 2023, ABBYY Group employs over 1,000 employees worldwide. The company is headquartered in the Milpitas, California, with regional offices in 15 countries. In 2022, the company declared a complete exit from the Russian market: it stopped sales/provision of services in Russia and Belarus, relocated critical personnel, and filed for the liquidation of its Russian legal entities. In 2019, ABBYY acquired TimelinePI, a process mining company, and Marlin Equity Partners became its biggest shareholder in 2021. It partners with AI, analytics, and RPA vendors UiPath, Blue Prism, Alteryx, PwC India, and others. ĪBBYY entered the professional translation market in 2007. In July 1993, the first version of the text recognition software ABBYY FineReader was released. In the early 1990s, the company introduces optical character recognition (OCR) and since then kept investing in artificial intelligence (AI), natural language processing (NLP) and machine learning (ML). The history of ABBYY dates back to 1989, when David Yang founded BIT Software company in Moscow. One of ABBYY's best-known products is the ABBYY FineReader - an OCR application. Primarily focused on software as a service model, the company serves clients worldwide. ABBYY is an American technology company specializing in intelligent document processing, data capture, process intelligence and optical character recognition (OCR).
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