Artificial intelligence (AI) is changing the way work is performed and data is analyzed in virtually every facet of work today. Intelligent document processing (IDP) is a fast-growing technology category that allows businesses to automatically capture relevant and valuable information previously trapped in complex documents and use it in important downstream business applications and processes.
The IDP category is catching fire across a variety of industries. The market was estimated at $700 million in 2020, and the analyst firm Everest Group estimates IDP will grow between 55% and 65% this year.
