What was once work information on printed paper, is now being digitized and managed through business process intelligence platforms
Philadelphia, Pennsylvania-based TimelinePI back in May 2019 for its process intelligence competency. Add document management to business process analytics and you get a method for visually modelling information and events as they flow through a business. Now a product rather than a stand alone organization, Abbyy Timeline is a key part of what the company calls Digital IQ.
Once documents have been scanned and digitized, then metadata can be applied to the stock of information that exists inside an organization using this technology. Metadata is sometimes described as 'information about information' and it works to able to classify data into various groups and schema, which allows it to be more accurately stored in data stores. A company might typically have a several hundred different ‘paths' down which data might flow within the business.
Over and above data ingestion and the chance to produce nice on-screen images and tools to explore that data with, Abbyy also focuses on the validation of the business data and the classification of the data… and the company says that these stages need to be executed before the onward management and analysis of operational information.
Opitz uses this proposition to attempt to validate and justify the need for the types of process tools that his company specializes in. Going further, Opitz says that Abbyy Timeline has also implemented AI/ML techniques to predict process outcomes and prescribe actions based upon user-defined priorities.
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