GigaOm also states that “the Hero Platform_ provides greater accuracy than many IDP solutions and has differentiating capabilities in terms of handwriting recognition. It is a functionally rich, enterprise-grade IDP offering that should be considered by enterprises looking to drive AI-led transformation in document-centric workflows and processes.”
GigaOm defines IDP solutions as those that "enable the transformation of documents (both paper and electronic) containing unstructured, semi-structured, and structured data into digital assets quickly and accurately. IDP solutions use AI/ML, plus natural language processing (NLP) and deep learning to improve data extraction accuracy and enable faster processing."
The GigaOm Radar plots vendor solutions on two axes—balancing Maturity versus Innovation and Feature Play versus Platform Play—while providing an arrow that projects each solution’s evolution over the coming 12 to 18 months. Vendors closer to the center are judged to be of overall higher value.
