ABBYY and IBM Join Forces at AI Summit in New York 2024

ABBYY and IBM Unveil Innovations at AI Summit

ABBYY is set to make a significant impact at the upcoming AI Summit in New York, taking place December 11-12. The company is eagerly exhibiting its state-of-the-art technologies, including its latest multimodal model, known as Phoenix. This model is designed to extract accurate data from various documents, enabling businesses to automate their processes more efficiently.

Highlighting New AI Solutions

Attendees at the summit will witness live demonstrations of ABBYY's cutting-edge solutions tailored for enterprises. These solutions facilitate precise data extraction from documents, ultimately accelerating business process automation. The emphasis will be on real-world applications of AI and how they can transform traditional workflows into streamlined processes.

Key Discussions at the Event

One of the key highlights will be a fireside chat featuring Maxime Vermeir, Senior Director of AI Strategy at ABBYY, along with Tom Ivory, Senior Partner and Vice President at IBM Consulting. Titled ‘Giving AI Agents the Right Tools for Successful Automation,’ this conversation promises to delve into advanced concepts such as intelligent document processing and process mining. They aim to unify these tools across different sectors, including trade finance in banking and customer experience optimization.

Fostering Innovation in AI

Tom Ivory stated the critical relationship between AI power and the quality of enterprise data available. With partnership initiatives surrounding ABBYY’s Vantage technology and IBM’s watsonx, they aim to accelerate automation initiatives and create substantial business results for their clients. This collaboration marks a pivotal moment in the way AI applications evolve and integrate into business infrastructures.

Groundbreaking Demonstrations

On December 12, ABBYY will also feature a remarkable presentation titled, “unLEASING AI – Redefining Document Processing with Generative AI.” This demonstration focuses on integrating IBM's watsonx technology with ABBYY Vantage, showcasing how a prominent quick-service restaurant is successfully revolutionizing its compliance operations through automated processing of over 30,000 lease documents every year.

Join the Conversation at the AI Summit

The AI Summit is an excellent opportunity for professionals ranging from software developers to business leaders to discover how ABBYY can help meet their automation goals efficiently. Potential participants are encouraged to visit ABBYY's booth at the Javits Center and engage in insightful discussions about future advancements in AI technology.

Connecting with ABBYY

For media inquiries and to schedule meetings during the event, contact the team at ABBYY. Furthermore, you can explore the ABBYY Marketplace to learn more about the technologies and integrations that drive digital transformation. With over 10,000 global clients, including many Fortune 500 companies, ABBYY emphasizes data-driven business outcomes.

About ABBYY

ABBYY is a global leader in AI-driven document processing solutions, dedicated to converting enterprise information into actionable insights in real time. Their commitment to excellence and innovation is reflected in their partnerships and the trust bestowed upon them by numerous organizations worldwide. With headquarters in Austin, Texas, and a presence in over 13 countries, ABBYY continues to push the boundaries of intelligent automation.

Frequently Asked Questions

What is the AI Summit New York 2024?

The AI Summit New York is an annual conference focusing on the latest advancements in artificial intelligence, featuring industry leaders and innovative technologies.

Who is participating in the fireside chat?

The fireside chat will feature Maxime Vermeir from ABBYY and Tom Ivory from IBM Consulting, discussing key aspects of AI and automation.

What will ABBYY showcase at the summit?

ABBYY will showcase its latest multimodal model, Phoenix, and demonstrate enterprise-ready solutions for effective data extraction and automation.

How can businesses benefit from ABBYY's technologies?

Businesses can leverage ABBYY's AI-driven solutions to enhance operational efficiency, improve data accuracy, and streamline processes across various departments.

Where can I find more information about ABBYY?

For additional information, you can visit ABBYY's official website and explore their innovative solutions and technologies.

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