Infrrd Recognized as a Leader in the IDC MarketScape 2023

November 17, 2023

SAN JOSE, California… November 2023 — Infrrd, a trailblazer in structured and unstructured document processing technology, proudly announces its recognition as a Leader in the IDC MarketScape: Worldwide Intelligent Document Processing Software 2023-2024 Vendor Assessment. With the market projected to reach $49 billion by 2026¹, Infrrd's commitment to innovation and excellence in Intelligent Document Processing (IDP) positions it at the forefront of the industry.

This year, prominent analyst firms, including Gartner, IDC, Everest Group, ISG, and GigaOm, have spotlighted Infrrd in their reports, acknowledging its prowess in the Intelligent Document Processing (IDP) space. These technologies play a pivotal role in driving intelligent automation across the globe and Infrrd has been commended for its patented technical capabilities, competitive strength, market impact, strategic vision, and customer-centric approach.

The report highlighted Infrrd’s unique offering of Zero-Touch or No-Touch Processing (NTP) and how this combined with performance-based pricing delivers the most value to our customers. Learn more about this offering here.

According to the IDC MarketScape report, ‘Infrrd focuses on differentiating itself from competitors via high-accuracy classification, extraction, and validation of semi- and unstructured use cases, along with building/enabling a high rate of straight-through processing (STP) for customers.’

"Infrrd's leadership in the IDP market is a testament to our commitment to customer success and our ability to deliver impactful solutions," commented Amit Jnagal, CEO and Founder of Infrrd. "We are dedicated to providing innovative technologies that immediately optimize business processes, and this recognition from top industry experts such as IDC reaffirms our position as a leader in the industry."

1 IDC, Worldwide Intelligent Process Automation Software Forecast, 2022–2026, September 2022.

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Infrrd:

Founded in 2016, Infrrd spearheads innovation in intelligent document processing solutions. The company's leading-edge technologies empower businesses to streamline their document-related processes and improve operational efficiency. With a strong focus on customer success and continuous innovation, Infrrd is a trusted partner for organizations across various industries.

Media Contact: Anusha Venkatesh | | +91 8147777891

For more information, visit or connect with Infrrd on LinkedIn, Facebook, and X.

Frequently asked questions

What does your pricing model look like?

We price based on the annual volume of pages and complexity of document type.  We can get you preliminary pricing once we outlined a solution.  Let's do this.

To know more, book a 15-min session with an IDP expert

How can I try Infrrd before I commit to a full deployment?

Sure.  The first step is to schedule a guided demo where you get to jump into the thick of it.  After you explore our solution you can try a proof of concept. When you're ready, you can deploy the system to one use case.  Then more use cases.  Then across your enterprise.

To know more, book a 15-min session with an IDP expert

How does your system integrate with others in my enterprise?

We play nice.  Our solutions are API-based.  Your documents are feed into the solution using APIs. And extracted data is sent out through APIs.  We use REST APIs.

To know more, book a 15-min session with an IDP expert

Does your solution run in the cloud or on premise?

Our solution is cloud-native but is also design for premise deployments.  Your choice on how you want to deploy it.

To know more, book a 15-min session with an IDP expert

Does Infrrd run on mobile or desktop device?

Glad you asked.  Our data extraction process runs on servers.  We have found performance and accuracy decline when running on a desktop or mobile device. (Remember Infrrd is running a powerful AI stack).

To know more, book a 15-min session with an IDP expert

Does your system work out of the box or does it require training?

Common documents and use cases work out of the box.  The cool thing is your solution will improve as the system learns from your documents upfront and over time.

To know more, book a 15-min session with an IDP expert

How does your solution handle corrections?

Did you know no system is 100% accurate all the time?  When extraction errors occur you want to correct them.  We provide a simple UI that your business analyst will use to make corrections.

To know more, book a 15-min session with an IDP expert

Does your solution work with handwriting?

Our solution excels at data extraction from handwriting.  We've got proprietary methods and techniques that do the trick.  It's pretty cool.  See for yourself.

To know more, book a 15-min session with an IDP expert