IA:Esker obtains a patent in the United States for its management automation solution – 28/11/2022 at 18:28

(AOF) – Esker, a French cloud platform that enhances the finance and customer service professions by automating management cycles, announces that it has obtained patent n° 11494551 granted by the US Patent and Trademark Office for its Esker Synergy AI predictive document coding technology. This solution aims to eliminate repetitive and low value-added tasks such as manual data entry of invoices or other management documents.


The lucrative database market

This mature global market is expected to generate more than $40 billion in revenue this year, compared to $22 billion in 2017, according to IDC. Contrary to its initial ambitions, SAP did not succeed in dethroning Oracle. This is mainly due to major developments in this market with the emergence of Amazon Web Services or Google Cloud. Benefiting from a significant competitive advantage as companies’ data hosts, these players have gained significant market share in recent years. However, faced with a growing corporate appetite for high value-added data, traditional players have a card to play.

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