Enterprise Applications

Ultimus, Inc. has announced the latest release of its low-code application platform, the Ultimus Digital Process Automation Suite 2021. This new Ultimus version offers expanded AI/ML capabilities, faster solution composition, simplified end-to-end automation, improved user experience, comprehensive security, and tools for business owner control.

ABBYY has announced today the launch of Vantage 2, a low-code/no-code platform that delivers cognitive skills for RPA robots, automation systems, chatbots, and mobile solutions, enabling organizations to gain insights from documents and content.

Crow Canyon Software has announced the release of NITRO Studio 2.0, an update to its business automation platform for Microsoft SharePoint and Office 365.

The overused terms “low-code” and “no-code” are confusing application and software engineering leaders about which development tools to choose. Leaders should focus on evaluating these tools based on their fit to use cases and skill sets, rather than the labels used to describe the products.

In the era of digital transformation initiatives, it’s easy to view the myriad of jobs that computers perform in a myriad of industries as magic. Many employees can’t look at a program or other digital tools and know-how it does what it does or how difficult it can be for everything to work the way it should. When encountering a problem, an employee will typically venture over to information technology (IT) and state their problem. IT will take a look at the said problem and fix it with a minute of typing and a snap of their fingers, again, just like magic. 

Protecting customer data from loss and leakage has become a top priority for enterprises over the past decade. Recent HelpSystems research with CISOs in global financial service organizations found that almost one-third believe data breaches have the potential to cause the most damage over the next 12 months.

The year 2020 was a wakeup call for cloud adoption and digital transformation. Intelligent Document Processing, or IDP, is increasingly seen as a critical next step to increasing process automation and handling the huge amount of inflowing data. But what is IDP exactly? To learn more IDM spoke with Alexander Goerke, CEO and Founder of Skilja, a company developing essential technologies for understanding documents.  

On March 2, 2021, Microsoft published information about four critical vulnerabilities in its widely used Exchange email server software that are being actively exploited. It also released security updates for all versions of Exchange back to 2010. Microsoft has told cybersecurity expert Brian Krebs it was notified of the vulnerabilities in “early January”. The Australian Cyber Security Centre has also issued a notice on the vulnerabilities.

Australian banks are fast-tracking the implementation of customer engagement strategies to make up for lost time, as over 50% of the recommendations made by the Royal Banking Commission had not yet been implemented as of early 2021. This finding was revealed in the second edition of the Fintech and Digital Banking 2025 (Asia Pacific) IDC InfoBrief, commissioned by Backbase.

Maybe it’s presumptuous to make predictions for the year ahead after 2020 brought us so many surprises, but one thing is certain: the Covid-19 pandemic has profoundly affected the way we do business.  

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