Market Research Report on Tungsten Automation
Company Overview
- Name: Tungsten Automation (formerly Kofax)
- Mission: To drive intelligent workflow automation by integrating AI and process orchestration across unstructured data processes to improve efficiency, productivity, and customer satisfaction.
- Founded by: The data provided does not specify the founding history.
- Key People:
- Adam Field, Senior Vice President of Product Management
- Nicolas Rochard, Senior Vice President, Growth Marketing
- Headquarters: No information is available.
- Number of Employees: 2,200 employees
- Revenue: No information is available.
- Notable Recognitions:
- Leader in Intelligent Document Processing (IDP) and Intelligent Automation Platforms by Everest Group.
- Recognized by IDC and Forrester for security, scalability, and flexibility.
Products
Tungsten RPA
- High-Level Description: Robotic Process Automation (RPA) enables workforce automation by handling labor-intensive tasks through AI and cognitive services.
- Key Features:
- Low-code and no-code development for workflow automation.
- AI-based cognitive intelligence for document processing.
- Centralized robot management with version control.
- Flexible and scalable deployment options.
Workflow Automation
- High-Level Description: AI-powered solutions to optimize business workflows by extracting actionable insights from complex data.
- Key Features:
- Advanced AI and intelligent document processing.
- Low-code process orchestration.
- Seamless integration into current systems for enhanced efficiency.
Document Automation & Security
- High-Level Description: Solutions to streamline print and capture management with hybrid cloud capabilities.
- Key Features:
- Centralized print management with advanced security features.
- Integration of Printix, ControlSuite, and Power PDF for efficiency in print and document management.
Invoice Automation
- High-Level Description: Simplifies accounts payable processes and enhances financial workflows.
- Key Features:
- Automates invoice processing with AI for quicker, more reliable outcomes.
- Ensures compliance and enhances cash flow management.
Recent Developments
- New Product Launch: Hybrid Cloud Print Solution integrating Printix and ControlSuite to manage diverse IT infrastructures efficiently.
- New Features:
- Tungsten Generative AI-Powered Copilot for Printix: Simplifies print management with AI-driven commands.
- Partnerships and Recognition:
- Invested in LLM integrations for generative AI enhancements.
- Strengthened ecosystem with industry-specific partnerships.
- Recognized by IDC MarketScape as a leader in print management solutions.
Conclusion
Tungsten Automation has consistently demonstrated leadership and innovation in the intelligent automation landscape. With a robust suite of products including RPA, workflow automation, and document security, the company is well positioned to offer comprehensive solutions across industries, improving operational efficiency and customer satisfaction.