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Explore the transformative power of intelligent document processing (IDP) and agentic AI.
While intelligent document processing (IDP) has offered significant advancements in automation and data extraction, a new wave of innovation is poised to redefine what’s possible: agentic AI.
Imagine IDP systems that go beyond simple extraction to autonomously understand context, continuously learn and adapt, and make intelligent decisions based on your business needs. This isn’t just about incremental improvements; it’s a fundamental shift in how we interact with and leverage unstructured information.
In a recent webinar with GigaOm, we explored this new era of IDP and discussed how enterprises can find success.
Related link: Watch the full webinar to explore this topic
Agentic AI has the potential to elevate IDP from a tactical tool to a strategic driver of business value. It can enable faster processing, improved accuracy, and ultimately, smarter, context-aware decision-making. What makes agentic AI different?
Agentic AI explained
At its core, agentic AI refers to autonomous systems—sometimes called AI agents—that possess the ability to perceive their environment (in this case, documents and related data), understand contextual implications, and make decisions to achieve specific goals. Agentic AI goes beyond surface-level data extraction to understand the context surrounding the information. This deeper understanding allows businesses to leverage document insights for more informed and strategic decision-making across various functions. Unlike traditional IDP, which often relies on pre-defined rules and templates, agentic AI empowers IDP to:
AI is going to transform IDP from simply a data extraction tool to an intelligent decision-making partner.
Related link: AI agents and the need for AI-ready data
The power of advanced IDP and agentic AI hinges on the data they process. In an era of exploding unstructured data, the ability to effectively manage and prepare this information for AI is paramount.
Unlike structured data that fits neatly into databases, unstructured data presents unique challenges for AI. Consider this: approximately 80% of business data is unstructured. This means that it’s locked away in various formats, from documents and emails to images and handwritten notes. Extracting value from this deluge of information presents significant challenges, including:
Agentic AI-powered IDP plays a crucial role in overcoming these challenges by acting as a bridge, transforming complex unstructured data into a structured, actionable, and AI-ready format. This allows businesses to use their data effectively across the organization.
And while agentic AI and advanced IDP offer tremendous potential for efficiency and insight, these benefits can only be realized within a well-defined and consistently enforced data governance framework. This is particularly important in regulated industries like healthcare and finance, where compliance, security, and data privacy are paramount. Key aspects of data governance include:
As you embark on your journey with agentic AI-powered IDP, partnering with a trusted expert who possesses deep knowledge in both these cutting-edge technologies and the critical aspects of compliance and data governance is essential to mitigate risks and maximize the value of your information.
Wouldn’t it be powerful if your document processing system could not only extract data but also understand the context, make intelligent decisions based on that information, and continuously learn and improve over time?
This is the promise of modern, agentic AI-powered IDP: It’s about moving beyond simple data retrieval to making your unstructured data AI-ready so it can fuel smarter business processes and provide deeper insights.
The evolution of IDP, particularly with the integration of agentic AI, presents a significant opportunity for enterprises to transform how they work with information. By understanding this progression from basic data capture to intelligent, autonomous processing, you can begin to envision the possibilities for your own organization. The key takeaway is that modern IDP is no longer just a cost center; it’s becoming a strategic asset that can drive agility, efficiency, and innovation. As you explore solutions, remember to look for platforms that not only offer advanced AI capabilities but also provide a clear path to making your data AI-ready and integrating seamlessly into your unique business landscape.
Recognized by industry analysts for our commitment and progress in AI technologies, including our placement as a Fast Mover in the GigaOm IDP Radar Report and a Tech Top 50 winner by the Massachusetts Technology Leadership Council, Iron Mountain is empowering you to:
Iron Mountain InSight® Intelligent Document Processing is part of the Iron Mountain InSight® Digital Experience Platform (DXP), our scalable end-to-end software-as-a-service (SaaS) platform. This modular platform allows you to incorporate digital and physical Content Management and Information Governance capabilities to transform your information experience.
Learn how to unlock new levels of productivity and transform your business with IDP and agentic AI.
AI agents, often referred to as digital workers, represent a new wave of autonomous systems that are increasingly designed to operate independently. However, while the promise of digital workers is immense—driving efficiency, productivity, and cost savings—there's a critical step that is often overlooked in the rush to deploy these agents: making your organization's data AI-ready.
AI winners are focusing on data integrity
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