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Automation Driven by Artificial Intelligence Booms in Uncertain Economic Times

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Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, has announced continued strong business momentum and growth in the second quarter. As economic concerns increase, many companies begin to reduce their staff to control costs; 88 percent of job loss in routine occupations occurs within 12 months of a recession. While economic uncertainty continues, Veryfi has emerged as a trusted, reliable partner for companies seeking greater efficiency and stronger customer relationships, continuing its strong annual recurring revenue (ARR) growth. In the second quarter, Veryfi added over a dozen new logos and major accounts including a top supplier of enterprise resource planning software and one of the world's largest CRM/Direct Marketing Network companies. "As companies seek new ways to increase efficiency and manage costs to position themselves for a challenging economy, Veryfi is leading the way, applying AI to automate routine data entry and streamline business processes," said Ernest Semerda, co-founder and CEO of Veryfi.


Automation Driven by Artificial Intelligence Booms in Uncertain Economic Times

#artificialintelligence

SAN MATEO, Calif.–(BUSINESS WIRE)–Jul 13, 2022–. Veryfi, using artificial intelligence (AI) technology to transform documents into structured …

  Industry: Media > News (0.72)

Automation Driven by Artificial Intelligence Booms in Uncertain Economic Times

#artificialintelligence

BUSINESS WIRE)–Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, has announced …

  Industry: Media > News (0.72)