Cognitive process automation
Proalpha takes over Insiders Technologies
The Proalpha Group, provider of business applications for SMEs, acquires Insiders Technologies and significantly expands its 'Industrial AI Platform' with AI applications and services for digital document processing.
Proalpha says it is committed to its roots in its home region and is strengthening its collaboration with AI institutes such as the German Research Center for Artificial Intelligence(DFKI), the Fraunhofer Institutes IESE and ITWM and the Rhineland-Palatinate Technical University of Kaiserlautern-Landau (RPTU), with which Insiders has been working closely for many years.
The Insiders product portfolio will be deeply integrated into Proalpha's ERP and business applications, but will also remain available as a stand-alone offering. Completion of the transaction is still subject to the usual regulatory approvals.
Insiders was founded in 1998 as a spin-off of DFKI. Headquartered in Kaiserslautern, the company is a provider of AI-based solutions for optimizing document-centric business processes such as intelligent document recognition, automatic data classification and extraction or AI-supported process automation. Its well-known customers include Bayern LB, Continental, Debeka, Markant, Phoenix Contact and Thyssenkrupp Materials.
"Companies need to approach the use of AI strategically and purposefully - process by process and business unit by business unit," explains Eric Verniaut, CEO Proalpha Group. "Our Proalpha Industrial AI Platform offers a customized set of ready-to-use AI apps that industrial SMEs can use immediately and practically in their business processes along the value chain. With the acquisition of Insiders, we are now expanding this AI platform for our customers to include cognitive process automation in document-based workflows, which will fundamentally change decision-making processes and operational efficiency. With Agentic AI, further development towards a new generation of artificial intelligence will also play a central role."
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