ABBYY: introduces new AI capabilities to help companies strengthen automation.
Offerings include Phoenix, a “multimodal zero-learning approach using small language models” designed for documentation tasks, the Secure Large Language Model (LLM) Gateway, and “enterprise-ready tools and applications that enable global enterprises to profit more value and insight into business-critical document processes,” according to Wednesday (Oct. 30). press release.
AI innovations are concentrated in the company A purpose-built AI hubsaid the message. The Center is a hub where businesses can get information about ABBYY’s AI tools.
“Here, businesses and developers can learn about the range of capabilities offered by AI built by ABBYY, including small language models. leverage is applied provide capabilities and accelerated time to assessment typically only seen using LLMs,” the release said. “By simplifying and accelerating the introduction of new document types into enterprise business processes, organizations have greater agility to adapt to evolving needs. This comes in addition to the 80+ document models already available out of the box.”
Enterprises can use ABBYY Intelligent Document Processing (IDP) as a secure LLM gateway to instruct LLM to extract data while validating that the data is present in the document, according to release.
“This enables organizations to harness the power of general-purpose LLMs while significantly limiting hallucinations and increasing output reliability and trustworthiness,” the release said.
Senior Director of ABBYY AI Strategy Max Vermeer In an interview with PYMNTS this month, he said more companies are opting for smaller, more specialized ones AI solutions over their larger counterparts.
“This reflects a maturation in the AI market that is prioritizing value over the noise of more generalized, generic tools,” Vermeir said.
In September Vermeir discussed the use of AI for document processing with PYMNTS logistics.
“The most impactful use of AI capabilities in transportation and logistics is accessing and understanding data that is often trapped in paper and manual processes,” he said.
A brewing giant CarlsbergFor example, it has implemented AI-powered smart document processing to automatically read and process purchase orders. In Sweden, it saved 140 hours per month, with 92% of orders requiring no human intervention.
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