Over 100 Pages per Second | Science fiction? No, it's Captova's hyper-speed.
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From a massive pipeline of pre-processed and optimized PDF documents such as invoices or tax forms, a single user on a Captova IDP Engine can process more than 100 pages per second; this translates to around 6,000 pages per minute or around 360,000 pages per hour.
We are excited to share that Captova Technologies has been named a finalist for the “Data Capture/Recognition Product of the Year 2024” by Document Manager Magazine. The winner will be announced at the DM Awards gala on November 14, 2024, at The Leonardo Royal Hotel London City, located at 8-14 Coopers Row, London, EC3N 2BQ.
As a small company competing against 18 established finalists—some of whom are major players in the industry—it's a tremendous honor for us to be included in this group. To view our competitors, please visit the Document Manager Magazine website (https://www.dmawards.com/?page=dma2024vote) and select the dropdown for “Data Capture/Recognition Product of the Year.”
Last year, we were delighted to win the top award for “One to Watch Product 2023” at the same DM Awards ceremony. This recognition reflects our commitment to excellence and innovation in the document solutions industry and highlights the hard work of our entire team. Captova is now recognized as a disruptive IDP technology capable of capturing documents at a rate exceeding 100 pages per second. We are immensely grateful for the trust and support of our customers and partners, which have made this achievement possible.
Who are the finalists in the DM Awards 2024 category of Data Capture/Recognition Product of the Year?
• BIS - Grooper
• Canon - CaptureOnTouch Pro v5
• Captova Technologies - Captova Al Intelligent Document Processing
• Docufree - Docufree Enterprise Digital Mailroom
• Document Logistix - Document Manager
• DocuWare - DocuWare Intelligent Indexing & Advanced IDP features
• Dokmee - Dokmee Capture
• ELO Digital Office - ELO DocXtractor
• Epson - Document Capture Pro
• Hyland - IDP
• I.R.I.S.(CanonGroup) - IRISPowerscan 12
• ibml - ibml Cloud Capture
• Kodak Alaris - KODAK Info Input Solution
• Lemmana - Lemmana
• P3iD Tech - ScanBot
• PFU a Ricoh Company - PaperStream Capture Pro
• Storetec - MDI Cloud
• Yooz - Yooz
Mohamed Talib & Shahlo Talib
Across the landscape of Intelligent Document Processing (IDP), there has been a rapid increase in companies seeking out solutions that are specifically developed with security and efficiency in mind. Be it through the integration of emerging AI technologies or the culmination of an organisation’s impressive set of skills, secret agencies and businesses require the assistance and input of an entity that truly understands their requirements. Captova Technologies, under the leadership of its CEO Mohamed Talib and his wife Shahlo Talib, is one such entity – a company striving to deliver outstanding IDP solutions to various clients in need. In its pursuit, Captova has become a paragon of advancement, and Corporate Vision is eager to explore how its standard-setting solutions have earned it a position among the Top 10 Leaders in Tech 2024.
The World’s Fastest IDP Engine
Favored by experts due to its ability to accurately capture data from PDF documents at speeds close to 80 pages a second, Captova is a captivating IDP company that has proudly taken the necessary steps to stand out in its field. Seeking to elevate the protection of secret and business documents – ones that not even Captova itself can see – the business presents clients with access to a combination of Captova IDP and Captova ETL. Specializing in managing both structured, semi-structured, and unstructured documents and files, the company has opened an avenue down which entities who prioritize their protection can confidently venture to secure secret and business artifacts alike.
Committed to providing solutions that align with its values of privacy, accuracy, speed, and security, Captova has certainly earned its position as a dependable partner in document and data processing. Between its 95% accuracy – complete with real-time error detection – and its security matching that of a client’s on-premises environment, the company has found itself recognized by various experts throughout the field as a truly distinct entity. As previously mentioned, Captova is widely known as the first IDP company to capture data at such impressive levels of speed and accuracy.
Consequently, this enables even large enterprises to invest in the high-volume, high-speed IDP solutions Captova offers. As a trailblazer in the IDP sector, Captova is never short of ideas to leverage in order to improve the capabilities of its clients. This particularly manifests through the integration of Captova GPT – a generative AI solution that grants secret agencies and businesses the tools to obtain essential intelligence insights in their respective branches. Extrapolated from the data provided by Captova IDP and Captova ETL, this information empowers clients to receive critical insights in completely off-grid environments. In this instance, Captova has pushed the boundaries of AI’s emerging capabilities, ultimately crafting something that is certain to grow alongside the medium’s development.
In the IDP industry, the outcry for solutions that value privacy, accuracy, speed, and security has grown ever louder in recent years. Many have opted to pivot toward the use of strictly AI systems, leaving those still interested in authentic IDP services having to work harder than ever before to acquire them. Captova, however, presents a clear path forward – by connecting with it, experts can align themselves with a company that understands the unavoidability of leveraging AI but is committed to integrating each new advancement into its robust IDP solutions. Unique in this nature, Captova has become a distinct entity whose presence is certainly essential in today’s industry.
Recognising this, Corporate Vision is pleased to highlight Captova Technologies as one of the Top 10 Leaders in Tech 2024. Its ability to seamlessly blend IDP solutions with artificial intelligence sets it apart from various companies throughout the landscape, and it’s this very attribute that allows it to retain its close relationship with varying secret agencies and businesses across the region. As the realm of technology continues to expand, we eagerly await the growth of Captova and its outstanding IDP services.
#entrepreneur #publishing #corporatevision #innovator #businessnews #inthenews #business
Mohamed Talib & Shahlo Talib
The Official Top 100 Magazine
We are pleased to announce that Mohamed Talib will be featured in the Top 100 Innovators & Entrepreneurs magazine.
Mohamed Talib’s journey began in 2011, when he pioneered a real-time data capture engine. In 2017, he used this underlying engine to create Scanov, an accounts payable SaaS solution for small businesses, which allowed users to capture data from their invoices and post them to QuickBooks in real-time— something which very few systems could do.
Scanov quickly gained fame and in September 2017, it won the Accounting Technology User Favorite Award in the category of OCR/Data Entry at the Accountex Conference in Boston. Unfortunately, in April 2021, the Scanov website crashed at the hands of a senior Amazon Web Services (AWS) engineer. Because AWS refused to assist and compensate Captova, Scanov could not recover fast enough, and they lost all of their existing customers. Captova sued AWS for Breach of Contract, won the case, but was not fully compensated due to AWS’s Limitation of Liability clause in their Customer Agreement. Captova plans to appeal (see full story at their staging website www.scanov.com).
After such a bitter experience with AWS, Mohamed decided to resurrect Scanov at Google Cloud Platform (GCP). Realizing that it was going to be a long and painful process for Scanov to re-enter the market, Mohamed decided to pivot his attention to the large enterprise space where the demand for such a highly efficient IDP engine was very high indeed. According to Grandview Research, Intelligent Document Processing (IDP) industry was experiencing significant growth, and the global market was expected to increase at a compound annual rate (CAGR) of 30.1% from 2023 to 2030.
Disruptive Technology
Mohamed claims to have achieved the impossible in the Intelligent Document Processing (IDP) space.
“A single user on a Captova IDP Engine can process more than 80 pages per second. This translates to 4,800 pages per minute; or 288,000 pages per hour; or 2,304,000 pages in an 8-hour day. There is no question it is a disruptive technology.”
And that’s just one user! Multiply that by several users on multiple engines and you have a giant enterprise-grade, hyper automation IDP factory with virtually unlimited capacity; a feat that was hitherto considered impossible. But, in order to process such a huge volume, there has to be a massive pipeline of optimized PDF documents feeding the engines. Thus, Captova’s IDP solution is particularly well-suited for very large enterprises or government agencies whose requirements demand this kind of fast turn-around and accuracy. Captova claims this level of efficacy is true to their tenet of Privacy, Accuracy, Speed and Security (P.A.S.S.).
This high-speed processing, combined with exceptional accuracy, virtually eliminates, in many cases, the need for a costly Human-In-The-Loop (HITL) team, enabling true Straight-Through-Processing (STP) via API’s directly into the target systems.
Mohamed Talib
Founder and CEO
Captova Technologies Inc.
Website: https://www.captova.com/home
LinkedIn: https://www.linkedin.com/in/mohamed-talib-55071619
#entrepreneur #publishing #top100magazine #innovator #businessnews #inthenews #business
Mohamed Talib & Shahlo Talib
Captova Technologies Inc
On November 16th, 2023 we were in London to attend the annual Document Manager (DM) Awards gala. We were thrilled to win the top award in the "One to Watch Product" category (among 15 competing finalists). My thanks go out to all our stakeholders, friends, supporters, and most of all my wife Shahlo, one of Captova's top ML experts training Captova's Document AI Models.
At the 2023 DM Awards Banquet (left to right) :
Harvey Spencer, Sid Vasili, Mohamed Talib, and Shahlo Talib
Data Capture CEO of the Year 2023 - British Columbia
Mohamed Talib - Founder & CEO of Captova
I was truly honored to receive this award. Captova differentiates itself by offering a unique Intelligent Document Processing (IDP) solution for both business documents and secret documents, on-premises or cloud. Captova IDP allows defense, military and secret agencies to capture data from secret and confidential documents on-premises, with no possibility of data leakage. This curated data can then be used in our off-grid local Generative AI solution called Captova GPT for deeper insights.
October 16th 2023
Link to the Award:
https://www.ceo-review.com/winners/captova-technologies-inc/
Scanov was ranked
#1 in the world in 2017
Scanov, a product of Captova Technologies Inc., won the prestigious Accounting Technology User Favorite Award in the category of OCR/Data Entry at the Accountex Conference on September 7th 2017 in Boston
The Accountex USA User Favorite Awards are the unbiased and most coveted of accounting technology awards as they are decided by the users themselves in a thorough comparison landscape against direct competitors.
Mohamed Talib & Shahlo Talib
Winning the award at Accountex 2017
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