Highlights and Photos from Kofax Transform 2011
Kofax Transform 2011 was very successful and delivered a wealth of value for attendees! Each year, Transform offers the most comprehensive document capture conference in the industry. Transform 2011 EMEA took place in Barcelona, Spain, January 11-12 and Transform 2011 Americas took place in San Diego, January 17-18. Attended by more than 600 customers, partners and industry thought leaders at each event from across vertical industries, Transform 2011 provided attendees a wealth of information and
opportunities to learn and share the benefits of information capture.
Transform commenced with a keynote address from John Mancini, President of the Association of
Information and Image Management (AIIM). Mancini's presentation introduced the findings of a new
AIIM study that illustrate how document capture, the critical first step in the content management
lifecycle, serves as the crucial foundation for the development of electronic content beyond
basic "systems of record" to empowering higher value "systems of engagement."
Transform 2011 also saw the introduction of Kofax Customer Connect, a new customer reference
program designed to help Kofax customers showcase their innovation and success with Kofax solutions.
Members benefit from the program through opportunities to share their success with their peers,
receive recognition awards and enjoy Kofax event discounts.
We would like to thank all attendees for their time, contributions and the opportunity to get to know
each of you on an even more personal level. We look forward to seeing you next year!
| Check out the photos for Kofax Transform 2011! |
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Transform Americas photos are available here:
http://www.kofax.com/go/transform/downloads/2011americas/photos-only.asp
Transform EMEA photos are available here:
http://www.kofax.com/go/transform/downloads/2011emea/photos-only.asp |
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Document Capture…Two Years from Today
It's not uncommon for organizations to want to reduce their overall total cost of ownership for IT
infrastructure. Document capture users owners are no different. The use of Intelligent Document Recognition (IDR)
technology has delivered significant cost savings in relation to minimizing and/or eliminating human
touch and involvement throughout the capture process. These cost savings are usually realized during
the runtime execution of the capture system.
The other area that can be leveraged relative to lowering the overall total cost of ownership of a capture
system is in the setup, configuration and ongoing management of the system.
Historically, capture systems are set up and configured as standalone, independent systems. This often
will result in the creation of redundant batch, document and field taxonomies and business rules that
typically exist within existing IT infrastructure and systems.
If you take a step back look at the big picture, why couldn't the capture system leverage and exploit these existing taxonomies and rules whenever possible, or use ground truth data, taxonomies and rules
whenever available? It could and should.
If you're wondering what capture systems are likely to look like in the future, they'll likely be extensions
or integrated components of existing IT infrastructure or line of business (LOB) applications and will be
managed and executed under the purview of a larger LOB application versus being a standalone entity.
Capture's roots are based in archival, namely capturing paper documents (usually after a business
process has executed) for the purpose of archiving the paper documents in a repository of some sort.
As capture transitions beyond scan-to-archive and becomes instrumental in process automation, the
historic independent capture system mentality will be forced to evolve into a more transaction centric
model that is controlled and integrated within an organization's application framework. In other words,
capture will evolve to become an integrated component of larger LOB applications.
This is a subtle but material evolution for the capture market and will allow capture to expand to a wider
range of applications and process automation use cases.
When you combine this evolution with some of the other innovations and trends we've talked about
over the past couple of months, it should become evident that capture is going through a renaissance
and is poised for a new era of growth and expansion.
Additional blogs from Anthony Macciola, Chief Technology Officer at Kofax,
are available here. |
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British Waterways Saves $15 Million Annually
with Kofax and Microsoft SharePoint
British Waterways, the entity responsible for protecting and maintaining approximately 2,200 miles of
canals, rivers and waterways in England, Scotland and Wales, recently chose to relocate its headquarters
to a corporate office located in Watford, England. Due to the physical limitations of the new corporate
office, sufficient storage space was scarce. A massive volume of paper records – boat licenses, renewal
forms and related documents – was being stored in 100 large file cabinets and growing each day. With
its available storage space declining, the company was looking for a solution to cost-effectively archive
its large backlog of paper documents and electronically capture, archive and retrieve documents at a
moment's notice.
British Waterways turned to Kofax to implement a business process automation solution that would
address each of its challenges. The company contacted Deltascheme Limited, a local Kofax Certified
Solution Provider, to integrate the solution. Deltascheme implemented Kofax Capture, the industry's
leading document capture software and VirtualReScan (VRS), the de facto standard for capture
productivity and quality throughout a document's lifecycle. Microsoft Office SharePoint Server 2007
was also integrated as the document management repository, which seamlessly integrates with Kofax
Capture.
The combined Kofax and Microsoft solution has enabled British Waterways to save more than $15
million annually in document and records management costs and realize vast improvements in its
efficiency and productivity. The agency's documents are now centrally stored, easily retrievable and
accurately labeled. The solution has been rolled out to 11 sites across the U.K.
As a result, British Waterways has significantly increased its productivity and efficiency, and enabled its
employees to retrieve documents in a matter of minutes as opposed to hours or days, regardless of their
physical location. In addition, nearly 350,000 TIFF files have been converted into PDFs, which has greatly
reduced the amount of time required for staff to manually locate and review each file.
"The Kofax solution is extremely cost effective and easy to use," said Keith Lester, Project Manager at
British Waterways. "It is important for us to be able to quickly access and retrieve key pieces of vital
information from a wide variety of documents, and the combined Kofax and Microsoft solution enables
us to do so in a fast, accurate manner. Plus, we can now search for individual words and text within each
scanned document, which makes document retrieval quicker and more efficient."
This case study is available on the Kofax website, here: http://www.kofax.com/case-studies/kofax-
government-british-waterways-sharepoint/
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IDC White Paper: The Case for an Enterprise Capture Platform
IDC believes there is a tremendous opportunity for large organizations to accelerate their document-
intensive business processes using capture technologies. Manual business processes are costly and
error-prone, increase compliance risk, and perhaps most important of all, don't provide the visibility
that organizations need to optimize those processes and make better business decisions. Fortunately,
the ROI from capture applications is very compelling: Usually, it's fairly easy to justify an investment in
capture based on hard dollar savings, and many customers achieve ROI in less than a year.
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| Upcoming Events |
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8th Annual Accounts Payable and Purchasing Processes Summit
Singapore
March 8
The Accounts Payable and Purchasing Processes Summit 2011 focuses on revamping the Accounts
Payable and Purchasing Processes with improvement in performance & the increase in efficiency. This
summit will give you the strategic advantage to open up new areas for cost savings, cash management
and to improve supplier relations.
Register here: http://www.kofax.com/events/
event-details.asp?
id=805 |
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AIIM ECM Seminar Series
Multi City Road Show
May 3- 19
Please join Kofax as we sponsor the AIIM, one-day seminar series!
AIIM's intimate and educational sessions focus on these four essential elements in the information transformation process:
Automation – minimizing paper and manual processes in core backend activities (finance, HR, sales, marketing)
Collaboration – moving beyond email and shared drives to tools and techniques that foster innovation and knowledge share
Communication – using social technologies to better find and engage customers
Mitigation – managing information assets against risk and legal costs in this era of social business
Register here: http://www.aiim.org/Events/
Seminars/Schedule |
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International SAP Conference for Financial Services
Munich, Germany
March 21
This event provides valuation information and key insights across the financial services industry,
including retail banks, central banks and insurance providers. Kofax will be participating at this event
and will be available at its booth to discuss business process automation requirements.
Register here: http://www.kofax.com/events/event-details.asp?id=795 |
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