22 November 2024, Fri |
4:49 PM
Omnix International, a pioneer in end-to-end digital solutions and services, has announced a strategic partnership with DocAcquire Limited, a specialist in intelligent document solutions. This collaboration aims to bring advanced document processing capabilities to the Middle East region. As a solutions and consulting partner, Omnix will leverage its extensive reach in the Gulf to engage with organizations embarking on their digital transformation journeys. By unlocking the hidden value within unstructured documents, these organizations can benefit from improved efficiency and uncover crucial insights.
DocAcquire offers a cloud-based intelligent document processing (IDP) platform that utilizes machine learning and other technologies to automate document-centric business processes. The platform intelligently extracts key data from business documents and seamlessly integrates it into workflows, enabling organizations to streamline their operations. DocAcquire is committed to empowering organizations across various sectors to achieve frictionless document workflows.
Walid Gomaa, CEO of Omnix International, expressed pride in partnering with DocAcquire to introduce their cutting-edge IDP platform to companies across the Gulf. This partnership enhances Omnix’s existing solution offerings, such as Hyperautomation and Conversational AI, with an intelligent document management solution. With DocAcquire’s focus on Arabic language support, both companies are well-positioned to cater to the unique needs of the Middle East market, where organizations are increasingly embracing digital transformation.
IDP solutions play a crucial role in digital transformation, offering substantial benefits such as increased efficiency, accelerated processes, cost reduction, reduced human error, simplified compliance and data security, and scalability. These solutions can be seamlessly integrated into existing technology stacks.
The partnership with DocAcquire aligns with Omnix’s long-term objective of providing integrated experiences to customers, and it grants Omnix access to a powerful and intuitive IDP platform. This platform will expedite the delivery of innovative Hyperautomation solutions, enabling Omnix to demonstrate significant time and cost savings for customers investing in digital transformation. Moreover, the cloud-based document processing platform provides scalability and flexibility.
Ashik Wani, CEO and founder of DocAcquire Limited, highlighted Omnix’s extensive expertise in the Gulf automation space and its track record of delivering critical solutions across various industries. This partnership will enable DocAcquire to offer cost-effective and innovative Hyperautomation solutions to businesses of all sizes, enhancing productivity and reducing costs.
The demand for enhanced efficiency, increased revenue, cost reduction, and superior customer experiences is driving businesses in various sectors to pursue digital transformation and digital workflows. IDP plays a pivotal role in this transformation. Research indicates that the IDP market is poised to generate revenues of approximately US $5.2 billion by 2027, with a projected compound annual growth rate (CAGR) of 37.5% from 2022 to 2027.
With its extensive regional expertise, Omnix recognizes the importance of delivering value-added services to customers across sectors. The company has made significant investments in expanding its teams, expertise, and solution portfolio, positioning itself as one of the leading value-added distributors (VAD) and enablers of digital transformation in the Middle East region. Moving forward, Omnix will collaborate closely with DocAcquire’s teams to develop innovative and effective IDP solutions that address the unique needs of customers.
