TORONTO, July 16, 2018 (GLOBE NEWSWIRE) — Adlib was among the select companies that Forrester invited to participate in its June, 2018 report, The Forrester Wave™: File Analytics Providers, Q2 2018. In order to assess the state of the market, Forrester measured the strengths and weaknesses of top vendors across three core areas: Strategy, Market Presence and Current Offering. In this evaluation, Adlib was cited as a Strong Performer and received the highest score possible in the Technology Strategy criterion.
According to Forrester, “the volume of digital documents continues to grow sharply… [while] new regulations and an ongoing thirst for data are driving interest in file analytics.” The migration to cloud content and file sharing systems used for managing documents is one of the largest contributors to the rise of file analytics. File sharing for creating and collaborating on content has become ingrained in the DNA of how every business operates today. The nature of this paradigm is one where the content does not have the right properties that can inform the business on how to treat documents. The ability to find business critical assets, as well as identify ROT has become mission critical for many organizations.
“If we consider how essential it is for businesses to adhere to internal policies and external regulations such as GDPR, file analytics couldn’t have arrived at more opportune time,” said Cengiz Satir, SVP of Product Strategy, Adlib Software. “We are excited to be named a Strong Performer, and, in our opinion, one of the elite vendors that have an opportunity to help businesses on their digital transformation journey, to not only identify and enrich document content, but to provide the transparency needed to intelligently action it.”
The Forrester report states that “Firms should shortlist Adlib if complex files are a focus or if they want to use artificial intelligence (AI), natural language processing, or data extraction in their analysis projects.”
Adlib is a global leader in the development of file analytics technologies and methods, driving successful Digital Transformation initiatives by applying structure to unstructured data. The Adlib Elevate™ Platform, is a data enrichment and document process automation platform designed to help enterprises digitally contextualize and action unstructured content.