Organizations are devoting more resources to deploying intelligent document processing, particularly as they embark on digital transformations. As Deloitte explains, intelligent document processing automates the processing of data contained in documents — understanding what the document is about, what information it contains, extracting that information, and sending it to the right place. According to Everest Group, the global market for intelligent document processing was worth between $700 million and $750 million in 2020.
