ABBYY Celebrates 8th Consecutive Year as a Leader in Everest Group’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2026

AUSTIN, Texas--(BUSINESS WIRE)--ABBYY today announced it has been named a Leader in the Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2026. Organizations worldwide rely on the proprietary Everest Group PEAK Matrix framework to evaluate technology providers for critical transformation initiatives and to make informed procurement decisions. This is the eighth consecutive assessment that Everest Group recognized ABBYY as a leader in IDP.

ABBYY’s strength in Intelligent Document Processing

Everest Group’s PEAK Matrix® assesses market impact, vision, and capability within a defined market segment. The IDP Matrix® Assessment 2026 evaluates vendors that offer solutions designed to extract, classify, and process information from unstructured documents across enterprise use cases. ABBYY’s position as a leader in IDP reflects a consistent investment into advancing its Document AI portfolio and solutions that support organizations as they pursue greater efficiency and automation in document-centric processes. ABBYY Vantage, the company’s award-winning low-code platform purpose-built for enterprise document processing, accelerates deployment, integrates generative artificial intelligence (AI), multimodal models, and advanced analytics capabilities.

Key customer impact

ABBYY's comprehensive portfolio has delivered measurable impact for customers across industries and business processes. In the past year, key ABBYY customers achieved:

• 99% compliance first-time pass rate in know your customer (KYC) processing
• 40% increase in document processing efficiency for financial services documents such as invoices, lease documents, payment slips, guarantees, and energy certificates
• 100% monthly reporting deadlines met within a government agency by completely automating applications processing
• 92% touchless order processing for a global food and beverage group, saving 140+ hours of manual labor per month

With frequent product updates and releases each year, ABBYY will continue to lead the IDP market.

"Earning the Leader position in the Everest Group IDP PEAK Matrix® 2026 for the eighth consecutive year is a powerful validation of our purpose-built AI that is grounded in proof, not hype, to solve the most complex document processing challenges,” said Maxime Vermeir, VP of AI Strategy at ABBYY. “We continue to invest heavily in agentic workflows and generative AI to ensure our customers achieve unparalleled operational excellence, accelerate their automation journeys, and turn complexity into clarity."

To learn more about why companies trust ABBYY for their document-centric business processes, visit https://www.abbyy.com/blog/streamline-enterprise-automation-with-abbyy/.

Join us at ABBYY Ascend 2026 and be part of the conversation shaping the future of enterprise AI. Learn more and secure your spot at a location near you at: https://digital.abbyy.com/main-ascend-2026.

About ABBYY

ABBYY helps organizations optimize processes, accelerate decisions, and drive better outcomes with Process AI and Document AI. More than 10,000 enterprises, including many Fortune 500 companies, rely on ABBYY’s 35 years of innovation to turn business data into actionable insights that improve the way we work and live. Headquartered in Austin, Texas, and offices in 13 countries, ABBYY leads the way for smarter agentic automation. For more information, visit www.abbyy.com/company and follow us on LinkedIn, X, Facebook, Instagram and TikTok.

ABBYY can either be a registered trademark or a trademark and can also be a logo, a company name (or part of it), or part of a product name of ABBYY group companies and may not be used without consent of its respective owners.

Disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

About Everest Group

Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.