Soroco Named a Leader in Everest Group's PEAK Matrix(R) for Task Mining Technology Provider 2022

Soroco

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BOSTON, Aug. 9, 2022 /PRNewswire=KYODO JBN/-

 

    Soroco, the world's first work graph company, has been named a Leader in

the first-ever Task Mining Products PEAK Matrix(R) Assessment 2022 released by

Everest Group, a leading research and analyst firm. The evaluation was based on

specific criteria that analyzed the company's flagship product, Scout for its

market impact, vision, and capability.

 

    There is a new category of enterprise software that relies on a previously

untapped data source — human-computer interactions emanating from daily work.

Today, over 60% of this data originates from millions of interactions teams and

users have across applications, emails, chats, and documents at work.

 

    This undocumented and unstructured data from human-computer interactions is

key to unlocking tremendous business value and accelerating data-based digital

transformation programs. This data enables organizations to build a map of how

their teams get work done and use it to power their digital transformation

programs.

 

    "We are very happy to be recognized by Everest Group as a Leader," said

Samson David, CEO, Soroco. "This recognition reflects our dedication to

delivering a powerful work graph platform that provides a 360-degree view into

the last mile of work to teams and organizations and empowers them with

structured insights - the key lever for driving the business forward and

architecting transformation initiatives. Our vast experience in the enterprise

sector and our extended partner ecosystem is helping organizations to reimagine

the way work gets done and enables them to remain competitive in the digital

landscape."

 

    According to Amardeep Modi, Vice President, Everest Group, "Soroco's task

mining product strategy is aimed at helping enterprises understand how teams

execute work and strengthen businesses in their digital transformation

initiatives."  He further added, "Its position as a Leader in Everest Group's

Task Mining Products PEAK Matrix(R) Assessment 2022 is underpinned by its

strong market vision, focus on product innovation and customer success, depth

and breadth of product functionalities, and high value delivered to its

clients."

 

    Everest Group's Task Mining PEAK Matrix Assessment 2022 includes 17

technology providers within the task mining industry. The report consists of

PEAK Matrix, which classifies task mining providers into Leaders, Major

Contenders, and Aspirants. Leaders have demonstrated high overall market

impact, strong vision, and capability to respond to the demand for holistic

task mining solutions.  

 

    Soroco leads the category because of its focus on enterprise-scale needs

serving 1000s of users in each customer, which includes:

 

    Privacy-aware data capture with zero IT integration: Patented deep capture

technology to capture millions of interactions while protecting end-user

privacy, flexible PII filtering, and being aligned to GDPR compliance.

Discovery, insights, and extensibility: Discovering patterns of work specific

to each team, AI-driven recommendations on ROI and optimization levers, and

APIs to extend new insights via BI tools such as Power BI.

Flexible hosting: Built cloud-native to scale - available in both PaaS and SaaS.

Soroco's Scout, a work graph platform, is uniquely positioned to help

enterprises to drive actionable and structured insights from this huge,

untapped data source and improve the digital experiences of users and teams.  

 

    About Soroco  

 

    Soroco is building the world's first and most bleeding-edge work graph

platform. We are a deep tech company with ~40 patents. Our flagship product

Scout, powered by the work graph, provides near real-time insights into how

work gets done on the ground and helps enterprises in their transformation

journey.

 

    Photo:

https://mma.prnewswire.com/media/1874135/Soroco_PEAK_Matrix_Assesssment.jpg

 

 

    Source: Soroco

 

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