Big Data has reached Big Adoption. According to a recent study by NewVantage Partners LLC, in 2016, 62.5% of Fortune 1000 senior executives surveyed reported that they have at last one instance of Big Data in production within their organizations. This is nearly double the number reported just three years earlier. In addition, more than a quarter of the firms surveyed reported that they will invest greater than $50 million in Big Data initiatives by 2017. This is up from just 5% who invested that much in 2014.
Unlike traditional document imaging applications, Ephesoft Insight is built on technology that can scale, has a UI that is accessible by business users, and can be simultaneously integrated with multiple third-party applications and repositories. These qualities, along with Insight’s powerful document classification and extraction capabilities, make it a natural fit for expanding Big Data applications.