View From The Top: Kofax, Rick Murphy, President & CEO
Kofax, the world's leading provider of information capture solutions, saw great success throughout 2004 with several enterprise-scale customer wins at large organizations, including Countrywide Financial Corporation, Rent-A-Center and the Washington State Department of Transportation. In addition, Kofax was instrumental in securing a $20 million dollar blanket purchase agreement in mid-2004 from the U.S. Social Security Administration (SSA) for the company's information capture technology.
With no other company offering the same global reach, depth of experience, or breadth of services devoted to capturing vital information to automate business processes, Kofax is positioned to make 2005 just as successful as the prior year. As more organizations adopt information capture as a business-critical component, Kofax is ready to meet the demand through a comprehensive set of information capture solutions and a worldwide network of more than 1,100 Certified Solution Providers (CSP).
Both Kofax and its parent company, DICOM Group, continue to strengthen their information capture portfolio through the recent acquisitions of Neurascript, a leading provider of software tools that automate the recognition, extraction and indexing of information from business documents and forms, and TOPCALL, a worldwide provider of unified communication technologies. In 2005, the information capture industry will continue to grow as more solution providers and independent software vendors (e.g., IBM, Oracle, Peoplesoft, and SAP) integrate such forms of technology into their offerings.
Kofax's Ascent Capture platform maintains its spot as the most popular information capture application in the industry. Ascent Capture is designed to accelerate business processes by collecting documents, transforming them into accurate and retrievable electronic information, and delivering that information into custom business applications and databases.
Moving forward, Kofax will maintain its market leadership through innovative technology, channel development and an overall commitment to the highest standard of customer satisfaction.
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