IT Brief Australia - Technology news for CIOs & IT decision-makers

Optical Character Recognition (OCR) stories - Page 3

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Global spend on KYC systems to hit USD $22bn by 2029

Tue, 26th Nov 2024
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risk & compliance
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market research
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analyst report
A study by Juniper Research forecasts that global non-financial businesses will spend USD $22 billion on KYC/KYB systems by 2029, marking a 140% increase.
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ABBYY unveils AI tools to enhance document processing

Tue, 5th Nov 2024
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digital transformation
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slm
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ai
ABBYY unveils new AI tools to enhance document processes, including Phoenix, a multi-modal learning approach, aimed at revolutionising business operations.
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Newgen Software secures spot in 2024 Gartner report

Mon, 4th Nov 2024
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document management
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digital transformation
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ecm
Newgen Software has been named a niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.
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Newgen named niche player in 2024 Gartner Magic Quadrant

Fri, 1st Nov 2024
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digital transformation
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government
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insurance
Newgen Software has been named a Niche player in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth consecutive year.
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Newgen recognised in 2024 Gartner Magic Quadrant again

Thu, 31st Oct 2024
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digital transformation
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lcnc
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software development
Newgen Software has been acknowledged by Gartner in the 2024 Magic Quadrant for Enterprise Low-Code Application Platforms for the fifth year running.
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Licence Plate Recognition – What it is and how it works

Tue, 29th Oct 2024
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firewalls
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network security
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physical security
Licence Plate Recognition technology is revolutionising vehicle identification in Australia, enhancing traffic management, law enforcement, and parking systems.
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The building blocks of Intelligent Automation

Tue, 22nd Oct 2024
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data analytics
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digital transformation
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cx
Intelligent Automation is revolutionising business, with its industry value surging from USD $250 million to USD $5.63 billion in a decade.
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i-PRO launches Active Guard 2.0, enhances AI integration

Wed, 25th Sep 2024
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passports
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i-pro
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ocr
i-PRO's Active Guard 2.0 updates offer enhanced AI analytics integration with Milestone and Genetec VMS, adding Vaxtor OCR support and Morpho fall detection.
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HeatWave update boosts AI capabilities on Oracle & AWS

Wed, 11th Sep 2024
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hyperscale
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genai
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llms
Oracle's new HeatWave enhancements aim to streamline generative AI, lakehouse, and machine learning applications on OCI and AWS, promising high performance and security.
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Google Cloud releases air-gapped appliance for harsh environments

Thu, 25th Jul 2024
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firewalls
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data analytics
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encryption
Google Cloud launches its air-gapped appliance, offering AI capabilities to remote environments like disaster zones and mobile operations, enhancing local data processing.
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Tricentis reports phenomenal ARR growth of over 20% in 2023

Tue, 30th Apr 2024
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report
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tricentis
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revenue
Tricentis, the quality engineering firm, celebrated a robust 2023 with annual recurring revenue nearing $330M (up over 20% YoY), USD $90 million in new business, and a 60% customer base surge.
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Paris start-up Mindee unveils AI-powered document processing tool

Fri, 29th Mar 2024
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saas
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fintech
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api
Paris-based start-up Mindee introduces AI-driven tool docTI, revolutionising document processing in SaaS products by bypassing data model training, boosting tech industry efficiency.
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Could AI help santa outperform eCommerce giants?

Mon, 18th Dec 2023
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digital transformation
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supply chain
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ai
As we delve deeper into the logistics and supply chain management for Team Santa, we see there are many components that could easily go wrong.
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How AI-powered fintech innovation is transforming mining

Wed, 6th Dec 2023
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digital transformation
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fintech
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risk & compliance
The synergy between AI and Financial Technology presents a powerhouse in the context of digital transformation.
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UiPath crowned as Leader in IDC MarketScape's IDP Vendor Assessment

Mon, 13th Nov 2023
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genai
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ai
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leadership
UiPath, an enterprise automation software company, has been named as a Leader in IDC MarketScape's Worldwide IDP 2023-2024 Vendor Assessment.
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SuiteWorld 2023: Key takeaways and their impact on NetSuite customers

Fri, 20th Oct 2023
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iam
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genai
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ai
These platform improvements are not just incremental updates; they are strategic enhancements aimed at solving real-world business challenges.
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Detego launches a digital evidence analysis tool Analyse AI+

Thu, 13th Jul 2023
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paas
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martech
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iaas
The tool adds to Detego's central analytical platform and AI to empower investigators and accelerate the analysis of vital evidence.
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Huawei Cloud supports SMBs with Business Development Platform

Thu, 15th Jun 2023
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smb
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kaspersky
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subscriptions
Huawei Cloud's Business Development Platform (BDP) offers solutions to help SMBs maintain productivity and adapt to the new hybrid workspaces.
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Trojanised WhatsApp and Telegram applications stealing crypto funds

Mon, 20th Mar 2023
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crypto
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blockchain
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cybersecurity
Rhreat actors are going after victims' cryptocurrency funds using trojanised Telegram and WhatsApp applications.
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rapidMATION helps My Plan Manager level up its automation

Wed, 1st Mar 2023
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it automation
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rpa
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healthtech
The National Disability Insurance Scheme (NDIS) in Australia is using Intelligent Automation to decrease administrative burden and improve services.