KnowledgeLake Named a Star Performer in Everest Group’s 2024 IDP PEAK Matrix®

Big news from KnowledgeLake! We’re excited to share that we’ve been named a Star Performer in Everest Group’s 2024 Intelligent Document Processing (IDP) PEAK Matrix® Assessment.

This recognition is a huge win for our team —and a clear signal that our momentum in the world of AI-powered automation is real and accelerating. It is also validation that we are aligned with customer needs and requirements (our Net Promoter Score (NPS) is consistently well over 80). As the industry evolves, we're proud to be at the forefront, helping organizations rethink how they capture, understand, and act on their most important information.

A Transformative Moment for IDP

The IDP space is undergoing a fundamental shift. What was once a market defined by rule-based automation and template-heavy OCR is now being reshaped by agentic AI—technology that doesn't just process documents, but understands them, learns from context, and acts autonomously.

Everest Group’s 2024 report highlights this evolution, noting a growing demand for platforms that can seamlessly extract, classify, and interpret unstructured data—at speed and at scale. KnowledgeLake is proud to be at the forefront of this transformation.

Why We Were Recognized

Being named a Star Performer means we’ve shown significant year-over-year progress across both market impact and vision & capability. The Everest Group noted the strength of our:

• Agentic AI platform that intelligently adapts to diverse document types and workflows
• Seamless integration capabilities across enterprise systems, enabling straight-through processing
• Customer-first approach, delivering measurable ROI across industries including financial services, education, government, and healthcare
• Commitment to continuous innovation, building a platform that evolves with our customers’ needs

This recognition reflects the hard work of our global team and our unwavering commitment to helping organizations unlock the full value of their content.

Beyond Bots: Our Vision for the Future of Work

At KnowledgeLake, we believe automation is no longer just about eliminating tasks—it’s about augmenting human capability, enabling knowledge workers to focus on higher-value work, and driving better business outcomes through intelligent action.

Our platform isn’t just another tool in the stack. It’s a dynamic, agentic system designed to think, learn, and collaborate—giving enterprises the ability to move beyond traditional automation into orchestrated intelligence.

Looking Ahead

As Everest Group notes, the convergence of IDP, RPA, and AI is accelerating—and organizations that embrace this convergence will lead the next wave of digital transformation. We’re excited to help businesses get there faster, with tools that are intuitive, scalable, and designed for real-world complexity.

We extend our thanks to Everest Group, our dedicated team, and most importantly, to our customers and partners who continue to trust us as we reimagine what intelligent automation can be.

For more details on the Everest Peak Matrix, click here.