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Engaged Employer
ABBYY
3.1
based on 2 Reviews
Company Overview
Company Locations
About ABBYY
Founded in1989 (36 yrs old)
India Employee Count--
Global Employee Count501-1k
HeadquartersAustin, Texas, United States
Office Locations
London
|
Munich
|
Bangalore / Bengaluru
|
+2
Websiteabbyy.com
Primary Industry
Other Industries
--
Our intelligent automation solutions use AI that is purpose-built for the enterprise—created with our customers and their specific goals in mind. We help enterprises turn their data into intelligence, and intelligence into outcomes.
Our customers can make smart decisions faster, leading to better results. ABBYY intelligent document processing technology transforms data from any document, in any format or language, any time, into intelligence to drive processes and bring new levels of clarity to decision-making. ABBYY Process Intelligence technology delivers process-related insights to improve business process execution.
ABBYY Ratings
based on 2 reviews
Overall Rating
3.1/5
How AmbitionBox ratings work?
5
1
4
0
3
0
2
0
1
1
Category Ratings
3.1
Company culture
3.1
Salary
3.1
Work-life balance
3.1
Promotions
3.1
Work satisfaction
2.6
Job security
2.6
Skill development
ABBYY is rated 3.1 out of 5 stars on AmbitionBox, based on 2 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
ABBYY Reviews
Compare ABBYY with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.1/5 based on 2 reviews | 4.0/5 based on 810 reviews | 3.5/5 based on 402 reviews | 4.7/5 based on 298 reviews |
Highly Rated for | No highly rated category | Job security Company culture Skill development | No highly rated category | Skill development Salary Company culture |
Critically Rated for | Skill development Job security Work-life balance | Promotions | Promotions Salary Work satisfaction | No critically rated category |
Primary Work Policy | - | Hybrid 84% employees reported | Hybrid 88% employees reported | Work from office 94% employees reported |
Rating by Women Employees | - no rating available | 3.8 Good rated by 190 women | 3.6 Good rated by 110 women | 4.7 Excellent rated by 141 women |
Rating by Men Employees | - no rating available | 4.0 Good rated by 569 men | 3.4 Average rated by 268 men | 4.7 Excellent rated by 134 men |
Job security | 2.6 Poor | 4.2 Good | 3.2 Average | 4.6 Excellent |
View more
ABBYY Salaries
ABBYY salaries have received with an average score of 3.1 out of 5 by 2 employees.
Senior Software Engineer
(3 salaries)
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₹16 L/yr - ₹31 L/yr
Site Reliability Engineer
(2 salaries)
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₹25.2 L/yr - ₹32.2 L/yr
Senior UX Designer
(1 salaries)
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₹26.1 L/yr - ₹33.3 L/yr
Principal Engineer
(1 salaries)
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₹56.1 L/yr - ₹62 L/yr
Devops Engineer
(1 salaries)
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₹18 L/yr - ₹23 L/yr
Senior Devops Engineer
(1 salaries)
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₹18 L/yr - ₹23 L/yr
Process Specialist
(1 salaries)
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₹34.2 L/yr - ₹43.7 L/yr
Principal Software Engineer
(1 salaries)
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₹62.7 L/yr - ₹69.3 L/yr
Senior Engineer
(1 salaries)
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₹32.4 L/yr - ₹41.4 L/yr
Software Engineer
(1 salaries)
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₹19.8 L/yr - ₹25.3 L/yr
ABBYY Jobs
Current Openings
ABBYY News
OCR is Dying, but Not in India
- Optical character recognition has been a critical technique in converting scanned documents, images, and PDFs into machine-readable data but with modern large language models (LLMs), which are capable of processing large volumes of data in multiple languages while retaining high performance, it is taking a back seat for startups that are focusing on English language. OCR is still vital to Indian startups because of the country’s linguistic diversity.
- Bhashini, AI4Bharat and Sarvam are some of the home-grown Indian initiatives and startups that offer frameworks and applications for scanning texts from images into machine-readable format.
- Thanks to synthetic data, companies such as Sarvam AI are training their models while retaining high performance. This reduces the manual process of collecting data with OCR, which can be time-consuming and costly.
- LLMs are able to process signals such as handwriting, low-quality scans, and unusual fonts, and are much faster at processing large batches of text. OCR, on the other hand, can fail on handwritten text, complex layouts and diverse fonts.
- However, Indian languages like Hindi, Odia, Marathi, and Telugu have a dearth of digitised content, and most of the content is stored in libraries and old texts.
- For example, focusing on converting printed or handwritten forms of various Indian languages, OCR is the preferred method to ensure the quality of text in several books that cannot be obtained through synthetic generation.
- Indian initiatives have focus on scaling up OCR capabilities to get high-quality data from hundreds of thousands of books in Indic languages.
- OCR is still essential for simple text extraction tasks and works well with ABBYY FineReader for complex documents like medical or legal documents that have unusual fonts or low-quality images.
- The complexity of the subject has led many experts to disagree about the future of OCR. However, with the cost of running such models decreasing and LLMs verifying Indic language text where documents are uploaded, OCR may cease to be enough.
- Indian startups downsizing, but LLMs speedily scaling up also show its hazy future.
Analyticsindiamag | 19 Feb, 2025
Bengaluru Becomes Abbyy’s New R&D Playground
- Abbyy, a global leader in intelligent process automation, has shifted a significant portion of its R&D operations to Bengaluru, India to leverage the rich talent pool available.
- The company welcomed 30 new employees in December 2024 and plans to expand its team size to 60 members by the end of March this year, aiming to have a total of 120 employees in India.
- Abbyy is focused on hiring top talent from India and has secured a new office in the Central Business District of Bengaluru to establish a strong presence in the city.
- The company emphasizes the role of human intelligence in product development, stating that AI is a tool to enhance productivity, not to replace human workers.
- Abbyy specializes in intelligent process automation, aiding businesses in extracting and utilizing data from documents, streamlining processes such as loan applications through automation.
- The company's solutions extend beyond financial services to sectors like healthcare and government services, enabling automated handling of claims documents for timely processing.
- Abbyy's focus on translation services aligns well with India's diverse linguistic landscape, with a claimed capability to operate in around 200 languages, making it suitable for various AI applications.
- India's digital transformation journey benefits from OCR technology, facilitating the digitization of content to support AI models and automation, highlighting an opportunity for Abbyy in the market.
- As India progresses towards advanced digital solutions, Abbyy sees growth potential in the market driven not only by R&D but also by the country's growing consumer and B2B market.
- Abbyy sees India as an attractive market for core document processing use cases such as invoice management, aligning with global needs and presenting significant business opportunities.
Analyticsindiamag | 17 Feb, 2025
ABBYY Rolls Out AI Center to Boost Business Automation
- ABBYY is introducing new capabilities for artificial intelligence to help companies bolster automation.
- The AI innovations are centralized in the company’s Purpose-Built AI Center, where businesses can access information about ABBYY’s AI tools.
- ABBYY intelligent document processing (IDP) offers a secure LLM gateway to extract data while validating its presence in documents.
- Brewery giant Carlsberg implemented AI-powered intelligent document processing and saved 140 hours a month with minimal human intervention.
Pymnts | 30 Oct, 2024
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ABBYY FAQs
When was ABBYY founded?
ABBYY was founded in 1989. The company has been operating for 36 years primarily in the Emerging Technologies sector.
Where is the ABBYY headquarters located?
ABBYY is headquartered in Austin, Texas.
What are the cons of working in ABBYY?
Working at ABBYY does have some drawbacks that potential employees should consider. The company is poorly rated for skill development, job security and work satisfaction, based on 2 employee reviews on AmbitionBox.
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