Micro Focus (LSE: MCRO; NYSE: MFGP) today announced that it has been recognised as a Leader in The Forrester Wave: Document-Oriented Text Analytics Platforms, Q2 2022 report for its unified AI-based data analytics platform, IDOL. For Micro Focus, the 2022 recognition demonstrates the success of IDOL’s ongoing strategy in addressing diverse use cases for extracting maximum data value and delivering holistic insights to accelerate better business decisions.
In its evaluation, Forrester reviewed a dozen document-oriented text analytics platforms and assessed the strengths and weaknesses of each offering based on a comprehensive set of evaluation criteria grouped into three categories: current offering, strategy and market presence.
The report states, “IDOL’s strengths include document capture, including one of the most comprehensive document-focused data integration and document-workflow orchestration capabilities (partially based on Apache NiFi), native image analytics, comprehensive NLU (over 1,000 entities), a multitude of OOTB ontologies for data enrichment, document level text analytics, and secure handling of sensitive data (including PII redaction in audio, images, and video).”
“Micro Focus IDOL’s ability to comprehensively address all unstructured data analytics needs, is unmatched,” said Rick Carlson, VP of Product Management, Information Management & Governance, Micro Focus. “We believe IDOL’s proven performance has earned it recognition as a Leader from Forrester.”
Today’s organisations are faced with fragmented and siloed information that is driving the need to easily connect to data across disparate content repositories, and even cloud-based platforms. IDOL helps organisations to meet this challenge by unlocking hidden insights by revealing trends, patterns and relationships and is just one of the ways Micro Focus helps customers bridge existing and emerging technologies in the race to digital transformation.
Micro Focus IDOL provides AI and machine learning unstructured data analytics of all text and rich media with support for more than 1,300 data formats. It enables out-of-the-box access to more than 150 data repositories behind and beyond firewalls, (for example, Documentum, Dropbox, and such) that allows data to be indexed wherever it resides without disruption.
In addition to being a Leader in the Forrester Wave: Document-Oriented Text Analytics Platforms Report, IDOL has also been recognised as a Strong Performer in The Forrester Wave: People-Oriented Text Analytics Platforms, Q2 2022 report.