(IDC Business Value Study)
Hyperscience Delivers a 3-Year 615% ROI
IDC interviewed enterprise organizations across insurance, financial services, consumer goods, and utilities to calculate the business value of the Hyperscience Hypercell platform.
(Cut processing time without cutting corners)
The IDC Business Value study found organizations achieved 214% higher levels of document and claims automation with Hyperscience.
“My company has seen a huge decrease in the amount of time it takes to process applications with Hyperscience. In the past, they were being manually entered into our system. For our Medicare supplement applications, it took about 7 minutes to enter one. Once we implemented Hyperscience, that time dropped to about 2 minutes. It was quite a huge decrease.”
Turn document processing into a competitive advantage.
The IDC Business Value White Paper provides an in-depth look at the operational and financial benefits enterprises realize from the Hyperscience Hypercell platform.
$8.6M
Average annual benefit
$4.3M
Additional annual net revenue
89%
Higher document and claims processing accuracy
44%
Higher customer satisfaction
(IDC Business Value Study)
Top value drivers of Hyperscience
The IDC Business Value Study identified five consistent drivers of value across every organization interviewed for the study.
01
Higher Accuracy through Intelligent Document Extraction
89% higher document and claims process accuracy
02
Accelerated Processing Cycle Times
50% faster claim or document completion
03
Strengthened Compliance and Audit Readiness
67% greater transparency and explainability of model decisions
04
Workforce Productivity and Labor Reallocation
52% more productive claims and document processing teams
05
Scalability Without Complexity
73% more efficient IT administration and management teams
(Study Demographics)
Study participants came from:
01
Global enterprises
Headquartered in the US, Canada, India, Switzerland, and the UK.
02
Large-scale operations
Averaging 57,656 employees and $54.5B in annual revenue per organization.
03
Diverse industries
Financial services, insurance, consumer goods, and utilities.
04
Document-heavy environments
Processing an average of 14.9M pages and 1,171 unique document types annually.
(IDC Business Value Study)
Built to read what other tools can’t.
“We chose Hyperscience specifically because we needed to retrieve information from paper-based, handwritten documents that customers had filled in by hand. Prior to Hyperscience, operations staff were manually opening scanned documents and interpreting the content, which was often difficult given the nature of handwriting. We were quite impressed by the ability of Hyperscience to understand handwriting, in some cases even better than some humans.”
Trusted by leading enterprises
American Express
Volkswagen
Charles Schwab
Hirschbach
Hanger Clinic
MetLife
(Complimentary Access)
Get the full IDC Business Value Study
See the complete methodology, firmographic breakdown, and category-by-category ROI analysis behind the 615% three-year return with Hyperscience.
- Full breakdown of the $8.6M average annual benefit across claims processing, IT, and business enablement
- Customer interview findings from six global enterprises
- IDC’s 3-year ROI and payback period methodology
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