Industry Specific Use Cases
As Intelligent Document Processing technology continues to advance, simple use cases like Invoices or Claims have become standard automations for most IDP technologies, however thanks to the industry leading SinguAi engine, DocuScaled is able to automate any document in any format!
Look at some of our latest success stories below!
IDP Adoption
The IDP market size grew to ~$800 million in 2021 and is expected grow at a rate of 30-35% over the next year, further cementing the fact that IDP is becoming a major priority for organizations, especially in the Banking & Insurance sectors which represent roughly 50% of all IDP adoption. However, other industries like the Public sector, Healthcare, Manufacturing & Retail are continuing to grow at adoption levels of >20% YoY.