Compare IBM Datacap vs. IQ Bot

IBM Datacap is ranked 1st in Intelligent Document Processing (IDP) with 7 reviews while IQ Bot is ranked 5th in Intelligent Document Processing (IDP) with 3 reviews. IBM Datacap is rated 8.2, while IQ Bot is rated 8.0. The top reviewer of IBM Datacap writes "It reduces human error and saves time". On the other hand, the top reviewer of IQ Bot writes "Efficient at categorizing the different data types and formats". IBM Datacap is most compared with Alfresco, ABBYY FlexiCapture and Automation Anywhere (AA), whereas IQ Bot is most compared with ABBYY FlexiCapture. See our IBM Datacap vs. IQ Bot report.
Cancel
You must select at least 2 products to compare!
IBM Datacap Logo
1,314 views|280 comparisons
IQ Bot Logo
190 views|69 comparisons
Most Helpful Review
Find out what your peers are saying about IBM Datacap vs. IQ Bot and other solutions. Updated: March 2020.
406,312 professionals have used our research since 2012.
Quotes From Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros
The solution automates manual data entry.The most valuable feature is its ability to capture data, which changes all the time into different formats.It reduces human error and saves time.It helps companies figure out how to use advanced imaging techniques, processes, best practices, and other tools.It's resiliency. There are multiple ways of identifying what you are looking for. There are multiple export formats.It's a platform, not a configured application, so you can do what you want with it.One of the valuable features of Datacap is the user experience. One thing that IBM did a few years ago was they standardized all of their ECM products on Content Navigator, including Datacap. If you're an IBM ECM customer you have FileNet, you have Datacap, you have StoredIQ and you have a consistent user experience, user interface.The big thing these days is really the Insight Edition component and being able to build annotators to extract from literally unstructured content: paragraphs and information where there's no start anchor point to define where that data is located. There could be a number of entities in that which you have to draw information from. Being able to extract from them is really the differentiator today between that product and many of the other products...

Read more »

The efficiency with which it was able to categorize the different data types and the format.The most valuable feature is the cognitive ability, as it will learn an interface that it is not familiar with and perform in the way that a human does.The most valuable feature is the intelligence it has with the ability to read the customer sales order and convert it into our own, despite minor changes in format.

Read more »

Cons
I would like better ease of use and more support options.I would like to see the product have the ability to process more documents in parallel. Right now, it is a single queue. Therefore, if you want to really test the load and stress test it, having multiple instances and the ability to scale it up would be great.It can take some time to implement.I would like to see integration of Watson AI technology into Datacap.Going forward, IBM needs to ensure that the output is perfect (as it can make the product) while staying true to platform's core.They have to stop focusing on new development and stabilize the latest release. It is not stable.The technical support is horrible. They have downsized the support teams too much. They've outsourced some of them along with some of the development, and they're just stretched too thin.Reporting and analytics seem to often be something of an afterthought. With Datacap, they've started building out some dashboards, but one thing we hear from our clients a lot is, "Well, gee, we really love reports. What Datacap has is not really helpful. We'd like something better. We'd like more dashboards." That's one area where we've seen some feedback that the product could do better.

Read more »

It's not intuitive from a user standpoint.The price of IQ Bot, packaged with Automation Anywhere, is too expensive for some companies and they will not use it.Better customization in terms of mapping would be an improvement.

Read more »

Pricing and Cost Advice
Pricing depends on how much we use it. We pay per bulk quantity. We pay as you go. Therefore, it sort of depends on our usage of it.You save a lot of time and money, but the benefit is you have people who are able to run the systems, check to see if there are any errors at all, and there are a lot less errors than a human system.Pricing needs to stay competitive.

Read more »

The package that includes Automation Anywhere and IQ Bot starts at $10,000 USD.Pricing is highly confidential because it is something that can be negotiated.

Read more »

report
Use our free recommendation engine to learn which Intelligent Document Processing (IDP) solutions are best for your needs.
406,312 professionals have used our research since 2012.
Ranking
Views
1,314
Comparisons
280
Reviews
7
Average Words per Review
643
Avg. Rating
8.3
Views
190
Comparisons
69
Reviews
3
Average Words per Review
569
Avg. Rating
8.0
Top Comparisons
Compared 35% of the time.
Compared 21% of the time.
Compared 100% of the time.
Also Known As
Datacap
Learn
IBM
Automation Anywhere
Overview

IBM Datacap helps you streamline the capture, recognition and classification of business documents and extract important information. Datacap supports multiple-channel capture by processing paper documents on scanners, mobile devices, multi-function peripherals and fax. It uses natural language processing, text analytics and machine learning technologies, like those in IBM Watson, to automatically identify, classify and extract content from unstructured or variable documents. The software can reduce labor and paper costs, deliver meaningful information and support faster decision making.

IQ Bot is democratizing dark data processing. IQ Bot is the only AI-based solution that can be easily set up and used by business users to automatically read and process a variety of complex documents and emails, faster. By learning from human behavior, IQ Bot becomes faster and more accurate while reducing setup and operational costs.

Offer
Learn more about IBM Datacap
Learn more about IQ Bot
Sample Customers
Turkcell, PowerSouth Energy Cooperative, Central Nacional Unimed, Conqord Oil
Information Not Available
Find out what your peers are saying about IBM Datacap vs. IQ Bot and other solutions. Updated: March 2020.
406,312 professionals have used our research since 2012.
We monitor all Intelligent Document Processing (IDP) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.