HCLTech recognized as a Leader in Everest Group’s Unstructured Document Processing PEAK Matrix® Assessment 2023 | HCLTech

HCLTech recognized as a Leader in Everest Group’s Unstructured Document Processing PEAK Matrix® Assessment 2023

Published Date
5 min. read
Published Date
5 min. read

NEW YORK and NOIDA, India, Sept 8, 2023HCLTech, a leading global technology company, has been designated as a Leader in Everest Group’s Unstructured Document Processing PEAK Matrix® Assessment 2023.

The report recognizes HCLTech’s patented Intelligent Document Processing (IDP) platform, EXACTO™, which uses the latest innovations in AI, machine learning and computer vision techniques to help interpret, extract and read both structured and unstructured text information.

“HCLTech’s IDP platform, EXACTO™, offers robust digitization, classification and extraction capabilities for semi-structured and unstructured documents. The interactive assessment generator capability, iKnow, which creates training questionnaires from eBooks and manuals, along with capabilities such as generating text summaries and comparing legal contracts, are key differentiators of its IDP solution,” said Vaibhav Bansal, Vice President, Everest Group. “The rich domain ontologies in trade processing, medical document triage and KYC (Know Your Customer), the ability to generate synthetic data for improving model performance and the native web-crawling capability have been instrumental for HCLTech to emerge as a Leader in Everest Group’s Unstructured Document Processing PEAK Matrix® Assessment 2023.”

“This recognition demonstrates our unique ability to meet the demands of enterprises through continuous digital transformation and process excellence,” said Raghu Kidambi, Corporate Vice President, Digital Process Operations, HCLTech. “EXACTO™ provides best-in-class portfolio of next-generation solutions that help organizations to drive intelligent and automated document processing capabilities to streamline their digital operations. HCLTech’s commitment to product innovation will enable us to maintain this leadership as we continue to bring a range of custom use cases to EXACTO™.”

HCLTech was one of the 32 providers evaluated for the report, which assessed the offerings against market adoption, portfolio mix, value delivered and extraordinary vision and capability covering vision and strategy, the scope of services offered, innovation and investments and delivery footprint.

To download the report, please visit: https://www.hcltech.com/analyst/analyst-reports/hcltech-positioned-leader-unstructured-document-processing-products-peak

About HCLTech

HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending June 2023 totaled $12.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.

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