Company’s Global Market Leadership in Document Scanning and Workflow Solutions Led by eCopy ShareScan and Equitrac
Nuance Communications, Inc., a leading provider of speech and imaging solutions,
today announced it ranked number one in the worldwide document capture software
market in a new study from the market research firm Harvey Spencer Associates
(HSA). This marks the third consecutive year Nuance has placed as the leading
global scanning and capture software vendor.
The report, called “The 2012-2013 Worldwide Market for Document Capture
Software,” found Nuance products captured 17 percent of the overall global
document capture market in 2011 – leading all other companies. Nuance’s
acquisition of Equitrac in 2011 strengthened the value proposition of eCopy
ShareScan, the world’s best-selling document scanning and workflow solution for
networked multifunction printers (MFPs), the report stated.
HSA research shows that the Ad Hoc Image market segment has grown due to more
sophisticated channel offerings driven by the increased use of networked MFPs in
the enterprise. Nuance owns 37 percent market share in the Ad Hoc Image segment,
more than four times the amount of its nearest competitor, and leads the
competition with a 29 percent market share in Ad Hoc Transaction, defined as
demand-based capture that is intended to be integrated into business processes.
“The extension of its leadership in the global document capture software
market has resulted from Nuance capitalizing on changes within organizations
that are evolving how they manage print and imaging capabilities,” said Harvey
Spencer, president of HSA, the leading analysis company specializing in document
capture. “We expect document capture to be an area of significant growth as MFP
manufacturers seek to add value by offering technologies that improve efficiency
and lessen the burden on IT. Nuance is at the forefront of this movement, and
through its partner ecosystem, enhances imaging to bring greater understanding
to business processes.”
The Nuance MPS software portfolio includes Equitrac print management and cost
recovery software, Nuance eCopy ShareScan scanning and workflow solutions, and
Nuance OmniPage, PaperPort, PDF Converter Professional and eCopy PDF Pro Office
desktop applications. Nuance MPS software boosts personal productivity,
increases departmental efficiency and streamlines enterprise workflows. It
delivers an end-to-end solution that supports workflows from MFPs to desktop and
mobile devices to the cloud.
“Nuance’s leading position in the market for the third consecutive year
reinforces the incredible value of our solutions, which offer unmatched document
scanning and capture features across our entire software portfolio,” said
Michael Rich, senior vice president and general manager of Nuance Document
Imaging. “Nuance recognizes that enterprises need to expand their ability to
capture and understand information, and we continue continues to make
significant investments in its document imaging solutions to meet this demand.
We specialize in helping enterprises increase their efficiency and lower their
costs as they transform hardcopy documents to digital.”
Nuance has global channel partnerships with nearly every MFP and scanning
vendor, including Brother, Canon/Océ, Fuji Xerox, HP, Kodak, Konica Minolta,
Kyocera, Ricoh/IKON, Visioneer and Xerox – each of which currently sells or
bundles Nuance solutions through dealers or as part of MPS portfolios.
Nuance Communications, Inc.
Nuance Communications, Inc. is a
leading provider of voice and language solutions for businesses and consumers
around the world. Its technologies, applications and services make the user
experience more compelling by transforming the way people interact with devices
and systems. Every day, millions of users and thousands of businesses experience
Nuance’s proven applications. For more information, please visit www.nuance.com.