Major global insurance organization investes $3.7M in Kofax solutions Kofax announced that a leading international insurance organization has invested $3.7M in Kofax software to expand and enhance the way it is capturing and processing documents within its property and casualty business. The company is using Kofax Capture and Kofax Transformation Modules to automatically capture and extract data from more than 160 million pages of documents per year, Kofax Analytics for Capture to monitor and analyze the entire process and implementing Kofax Mobile Capture to enable customers to submit documents using smart phones and tablets. The $3.7M was composed of $3M of software licenses and $700K of maintenance, and the sale was closed and delivered during the quarter ended December 31, 2013.
UBS to hold a conference Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link