Retarus Press Release
Retarus recognized as a Major Player in IDC MarketScape for Worldwide IDP
Secaucus, 27.11.2023 // Retarus has been recognized as a Major Player in a new IDC MarketScape: Worldwide Intelligent Document Processing Software (IDP) 2023-2024 Vendor Assessment (doc #US49988723, November 2023).
The IDC MarketScape report evaluated 28 vendors worldwide on their strategy and product capabilities, measuring a range of criteria such as delivery, customer satisfaction, functionality, research and development pace and portfolio benefits.
Retarus IDP supports electronic data exchange and is operated in Retarus’ own data centers. The solution guarantees the highest service levels for customers’ specific requirements in terms of speed, security and scalability and offers full GDPR compliance. This is essential, as many of Retarus’ IDP customers work in business-critical or highly regulated environments. With IDP, customers increase their efficiency, save costs, and achieve customer satisfaction, employee prioritization and competitive differentiation.
“We pride ourselves on our product capabilities and service excellence, so we are delighted that the IDC MarketScape named Retarus a Major Player,” said Martin Hager, founder CEO of Retarus. “Companies around the world already trust in our integration and automation solutions to reduce time-consuming and error-prone manual processes. Retarus IDP is convincing as a fully managed IDP solution. Our solutions help customers optimize and automate their supply chain, improving their business efficiency and giving them a competitive advantage in the digital age.”
Retarus IDP enables businesses to digitize their communication with customers and suppliers, reducing order processing costs by around 60 percent. Retarus’ document recognition system reads incoming business documents such as orders or invoices via email or fax and automatically converts them into structured data – ready for processing by backend software applications. Currently Retarus IDP is available direct and in cooperation with selected partners in Germany, Austria, Switzerland, and Italy.
Retarus’ full range of communication solutions for business-critical processes cover enterprise messaging, secure email as well as process integration and automation for the supply chain. Tailored to the needs of the upper middle market and international corporations, Retarus’ solutions support all relevant channels of business information exchange from a single source, from email and fax to SMS and EDI.
IDC customers can download the full IDP MarketScape report here.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Retarus offers industry-leading SaaS solutions for fax, transactional email, and SMS. At the highest service level, with top performance, reliability, compliance with data protection regulations, and global availability. Retarus' products are successfully used for cloudification and for the intelligent automation of business processes and workflows. Retarus (North America) Inc. is based in Secaucus, NJ, and with regional offices around the country, including New York, Vermont, and Massachusetts. Retarus was founded in 1992 in Munich by Martin Hager and has been privately managed ever since. Retarus employs around 500 people in 20 offices on four continents. Over 40 percent of the companies listed in the S&P Global 100 rely on Retarus More information: www.retarus.com/us