ABBYY has introduced a new suite of AI-driven tools aimed at transforming how enterprises manage automation and document processing. Unveiled at ABBYY Ascend 2024, these advancements, anchored in the newly launched ABBYY Purpose-Built AI Center, aim to simplify workflows, enhance agility, and accelerate return on investment (ROI) for global organizations.
The centerpiece of ABBYY’s innovation is Phoenix, a multi-modal zero-shot learning technology that uses small language models (SLMs) to tackle document-centric tasks. This approach offers businesses the speed and precision of large language models (LLMs) without their resource-intensive demands, enabling faster onboarding and adaptation of new document types within enterprise systems.
A Secure Gateway for AI-Powered Data Extraction
Among the highlights is ABBYY’s Secure Large Language Model Gateway, which combines the power of general-purpose LLMs with enterprise-grade safeguards. The gateway ensures data extraction accuracy by validating outputs against original documents, minimizing errors and increasing trust in AI-generated insights.
“Businesses need scalable, reliable AI solutions that address real-world challenges,” said Maxime Vermeir, ABBYY’s Senior Director of AI Strategy. “Our innovations deliver practical tools that make enterprise automation faster, easier, and more effective.”
Empowering Enterprises with Advanced Capabilities
ABBYY’s expanded portfolio includes:
- E-Invoice Processing: Seamless handling of diverse invoice formats with compliance across national standards.
- Quality Analytics: Tools to monitor and optimize straight-through processing (STP) rates.
- Big Data Scalability: Advanced analysis of billions of data points for event-driven processes.
These solutions, coupled with more than 80 pre-built document models, give businesses unprecedented agility to adapt to evolving operational needs.
Enhancements for Developers
ABBYY’s latest updates also cater to developers with new tools to create cutting-edge applications:
- Enhanced optical character recognition (OCR) with improved memory efficiency and document structure detection.
- New handwriting recognition (ICR) modules and document comparison capabilities.
- Simplified APIs with support for popular programming languages, including .Net and Python.
A Centralized Knowledge Hub for Innovation
The Purpose-Built AI Center serves as a one-stop resource for enterprises and developers to explore ABBYY’s AI toolkit. This platform aims to foster innovation by simplifying access to next-generation tools and insights.
By integrating these tools into their operations, businesses can harness the benefits of automation while mitigating risks such as hallucinated outputs from generative AI models.
To learn more about ABBYY’s Purpose-Built AI Center and its capabilities, visit www.abbyy.com/ai.
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