Demand for Input Management Solutions Continues to Rise; Industry Leaders Describe State of the Market at Capture 2004, Captiva's Input Management Technology Conference.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Demand for input management and enterprise content management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) solutions will continue to rise in the years ahead, thanks in part to the assertion that more than 60% of paper documents enter businesses and government agencies without being scanned and converted into streamlined digital content until after they're processed -- if at all. This and other important points were made by James Watson, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Doculabs, in his keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. at Capture 2004, Captiva Software Captiva Software is now part of EMC Software Group, a division of EMC Corporation.[1] Captiva makes software solutions for document information processing and data capture from paper and electronic documents and provides related services. Corp.'s (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CPTV CPTV Connecticut Public Television ) Input Management Technology Conference, held July 19-20 in San Diego. "Document processing Processing text documents, which includes indexing methods for text retrieval based on content. See document imaging. is likely to become even more complex during the next 3 to 5 years as a result of the diversity in document types, origination points and processing requirements. As more companies move toward front-end document capture, companies need proven, high-volume solutions that can integrate with existing enterprise and ECM systems and have the flexibility to support work processes," said Watson. "We found that front-end capture systems provide an immediate 10-15% reduction in processing costs and that remote capture systems integrated directly into workflows can cut cycle times by 1.5 to 2.5 days. In addition, by capturing documents and distributing images rather than processing paper, an incremental $0.30 per page in upfront capture costs can typically lead to $0.60-1.50 in downstream savings." John Rome, founder and former chairman of Imaging Acceptance Corp., also presented a keynote address at the conference. He concluded that the time has come for digitized mail processing. "The mailroom mail·room n. A room in which ingoing and outgoing mail is handled for a company or other organization. is often the last entity companies examine when integrating new, high-end technology systems into their organizations -- often to their detriment," said Rome. "With the ever-increasing volumes of paper mail entering organizations, it's easy for documents to be misplaced mis·place tr.v. mis·placed, mis·plac·ing, mis·plac·es 1. a. To put into a wrong place: misplace punctuation in a sentence. b. , lost or never delivered. Digitized mail processing has become a necessity for businesses that want to maintain efficient and profitable operations." The keynote addresses were just part of the information available to attendees of Capture 2004, which has become the premier conference for the input management industry. The event included more than 250 attendees and 25 exhibitors and provided them with an opportunity to exchange ideas and explore the latest advancements powering the document capture and forms processing markets. An essential forum of the extended Captiva community, the conference provided a venue for speakers and sessions that described pragmatic solutions to help companies capture and manage content to best meet the growing needs of their customers and other constituencies. The 44 breakout sessions covered input management basics, new features and best uses of Captiva's input management solutions, detailed case studies and product training. The event also featured a technology showcase at which best practice ECM, scanning and other vendors demonstrated the latest advances in input management and ECM, as well as a wide range of products and services. As part of the event, Captiva recognized its customers and channel partners of the year for their excellence and innovation in their use or promotion of Captiva solutions. The 2004 winners were:
-- Financial Services Customer of the Year: National City
Corp.
-- Insurance Customer of the Year: USAA
-- Government Customer of the Year: U.S. Office of Personnel
Management
-- BPO Customer of the Year: Imaging Acceptance Corp.
-- Healthcare Customer of the Year: Alcon Laboratories Inc.
-- Context Customer of the Year: West Florida Medical Center
Clinic
-- InputAccel Channel Partner of the Year: Documentum
-- FormWare Channel Partner of the Year: Virtual Solutions
-- Pixel Channel Partner of the Year: Fujitsu
-- Cooperative Marketing Partner of the Year: Hyland Software
Capture 2004 sponsors included Documentum, Eastman Kodak, Fujitsu, Hyland, Imaging Business Machines, Silas Technologies, Opex, A2iA, CVISION Technologies, Canon, Panasonic, Cranel Imaging, Open Text, Oce, Lizard Tech, Ricoh, Bowe Bell & Howell, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , New Wave Technologies, SWT SWT - Standard Widget Toolkit , Doc Management Online, Business Solutions, Today and Document Imaging Report. Capture 2005 is scheduled to be held July 11-12, 2005 at the Loews Coronado Resort in San Diego. About Captiva Software Captiva Software Corp. (NASDAQ:CPTV) is a leading provider of input management solutions. Since 1989, the company's award-winning products have been used to manage business critical information from paper, faxed and electronic forms, documents and transactions into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms, documents and transactions annually, converting their contents into information that is usable in database, document, content and other information management systems. Captiva's technology serves thousands of users in insurance, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , government, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in , manufacturing and other markets. For more information, visit www.captivasoftware.com. This press release may contain forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among other things, any projections of earnings, revenues (including where the underlying contract has already been signed) or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include, among other things, successful integration of ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Context into Captiva's business (including integration of product lines), performance of contracts by customers and partners; employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels and the difficulty of keeping expense growth at modest levels while increasing revenues. Announcements of contract awards should not be interpreted as reflecting revenue in any particular period and may relate to revenue recorded in prior periods. These and other risks and factors that could cause events or our results to differ from those expressed or implied by such forward-looking statements are described in our most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. , as well as other subsequent filings with the Securities and Exchange Commission. We assume no obligation and do not intend to update these forward-looking statements. |
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