Sissach, 13.11.23 – Parashift, a provider of machine learning-based document classification and data extraction software, has been listed in the HFS Horizons – Intelligent Document Processing Products 2023 report. This recognition underlines Parashift’s commitment to excellence and innovation, and demonstrates the positive impact its solutions are having on businesses worldwide. <\/p>\n\n\n\n
Conducted by HFS, a distinguished global research and analysis firm, the HFS Horizons IDP report explores the role of Intelligent Document Processing (IDP) technology vendors in guiding clients through the implementation of transformative IDP products. <\/p>\n\n\n\n
It examines in detail why, how, and with what impact these vendors are helping companies achieve their value creation objectives. The report includes detailed profiles of 26 IDP technology vendors, outlining their placement within one of the three HFS Horizons, their strengths and development opportunities. <\/p>\n\n\n\n
Parashift takes pride in its inclusion within the report, securing a notable position in \u201dHorizon 2 \u2013 Enterprise Innovators\u201d \u2014 a classification reserved for vendors exhibiting the HFS\u202fOneOffice\u2122 mindset and demonstrating enterprise-level outcomes. <\/p>\n\n\n\n
Access the HFS press release<\/strong> here<\/a>. Parashift AG<\/a>, founded in 2018, is a deep-tech company focused on autonomizing document extraction through machine learning. Parashift is domiciled near Basel, in Switzerland, and employs about\u202f40 people in machine learning, engineering, and development. Forbes named\u202fParashift\u202f<\/a>as one of 30 promising AI startups in Europe. <\/p>\n\n\n\n
Get the detailed report <\/strong>here<\/a>.<\/p>\n\n\n\nAbout Parashift<\/h3>\n\n\n\n