ABBYY Achieves Double-Digit Annual Revenue Growth for Third Consecutive Year

General News

Summary

Additional drivers of success included an enhanced product portfolio following the acquisition of TimelinePI, now ABBYY Timeline, the only end-to-end Process Intelligence platform. Additional product innovations that contributed to overall company success included enhancements to FlexiCapture, FineReader Server, and new Mobile Capture solutions. ABBYY also expanded its global presence in FY19 with the opening of an office in Hong Kong to enhance its relationships with enterprise customers and partners in the region. ABBYY is present in most countries in the APAC market with long-established offices in Japan, a strong network of partners, and several successful large-scale implementations in the region for enterprises in banking, telecom, insurance, and other verticals. Our team is committed to making sure organizations are equipped with the technologies they need to deliver outcomes and help customers.” Persson’s full statement can be found at Official Communication about COVID-19.

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Intelligent Automation AI Document Processing Optical Character Recognition (OCR) Software

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ABBYY
$100M to $250M