Brainware

{{short description|American software company that marketed Automatic identification and data capture}}

{{Infobox company

| name = Brainware

| logo =

| type = Private

| industry = Software

| founded = February 2006

| defunct = {{end date|2017}}

| fate = Acquired by Hyland Software

| location_city =

| location_country =

| key_people =

| homepage = [http://www.brainware.com/ www.brainware.com]

}}

Brainware was an American software company that marketed Automatic identification and data capture and data extraction products.{{cite web|url=http://www.vistaequitypartners.com/?q=company/brainware|title=Vista Equity Partners|accessdate=2011-04-12}} The company was acquired by Hyland Software in 2017. Brainware originally spun out of Dulles, Virginia-based SER Solutions Inc. in February 2006 when SER was acquired by The Gores Group LLC. From February 2006 to March 2012, Brainware's majority owner was San Francisco-based private equity firm Vista Equity Partners.{{cite news|url=http://www.bizjournals.com/washington/stories/2009/04/20/story8.html|title=Brainware bulks up as potential clients slim down|publisher=Washington Business Journal|author=Darlene Darcy|date=2009-04-20|accessdate=2011-04-12}}

History

On March 5, 2012, Lexmark International announced{{cite news|url=https://finance.yahoo.com/news/lexmark-buys-bdgb-enterprise-148m-152846119.html|title=Lexmark buys BDGB Enterprise for about $148M|date=2012-03-05|accessdate=2012-03-05}} it had acquired the company for a cash price of approximately $148 million. The company was added to Lexmark's Perceptive Software division.{{Cite web |title=Lexmark acquires Brainware |url=https://newsroom.lexmark.com/newsreleases?item=122999 |access-date=2022-10-22 |website=Lexmark Newsroom |language=en}}

On July 10, 2017, Hyland Software finalized its acquisition of the Perceptive Business Unit of Lexmark International, Inc. All enterprise software business assets in the Perceptive business unit, including Perceptive Content (formerly ImageNow), Perceptive Intelligent Capture (formerly Brainware), Acuo VNA, PACSGEAR, Claron, Nolij, Saperion, Pallas Athena, ISYS and Twistage, now operate under Hyland's portfolio of products.{{Citation needed|date=July 2022}}

Brainware was headquartered in Ashburn, Virginia, USA, with sales, support, professional services and R&D offices in London, UK; Kirchzarten, Germany; and Neuchâtel, Switzerland. The company had partnerships with most major enterprise software providers, including Oracle, SAP and Microsoft, and said its software integrated with most available enterprise content management platforms. Brainware also partnered with a number of hardware providers, including Hewlett-Packard, Fujitsu and OPEX.{{cite news|title=Data Capture and Enterprise Search Partnerships|url=http://www.brainware.com/partner_directory.php|accessdate=2011-11-03|archiveurl=https://web.archive.org/web/20120527042354/http://www.brainware.com/partner_directory.php|archivedate=2012-05-27}}

Brainware's core solution, Distiller, "disrupted the data capture industry by using contextual document data to deliver higher automated processing than earlier technology" said Henry Ijams, Managing Director and Founder, PayStream Advisors. Brainware was awarded a Technology Excellence Award by PayStream Advisors{{Cite web |date=2011-10-19 |title=PayStream Advisors Honors Brainware Distiller for Technology Excellence in Healthcare Supply Chain |url=https://www.fiercehealthcare.com/healthcare/paystream-advisors-honors-brainware-distiller-for-technology-excellence-healthcare |access-date=2023-01-03 |website=Fierce Healthcare |language=en}} and their Advisory Board to honor those providers who are delivering industry leading solutions.

Brainware said its software "could relieve a company of 60 percent to 80 percent of the work of manually keying in information from unstructured documents,"{{cite news|url=http://www.loudountimes.com/index.php/news/article/loudoun-based_software_company_services_globally_hires_locally456/|title=Loudoun-based software company services globally, hires locally|publisher=Loudoun Times|author=Rachel Leon|date=2010-08-04|accessdate=2011-11-03}} and serviced companies such as NEC, Mayo Clinic, Bechtel, Royal Dutch Shell, and Rabobank.{{cite news|title=Brainware's Customers Demonstrate Success Across All Industries|url=http://www.brainware.com/clients.php|accessdate=2011-11-03|archiveurl=https://web.archive.org/web/20120719163200/http://www.brainware.com/clients.php|archivedate=2012-07-19}}

In a 2011 comparison report, Real Story Group classifies Brainware as a "Capture Solutions" vendor, competing directly with Kofax and ReadSoft.{{cite news|url=http://www.realstorygroup.com/Research/Channel/ECM|title=ECM Vendor Evaluations: Real Story on Weaknesses and Strengths|publisher=Real Story Group|author=Alan Pelz-Sharpe|date=2011-11-01|accessdate=2011-11-01}}

Brainware and its customers were profiled in publications including Profit Online,{{cite news|url=http://www.oracle.com/us/corporate/profit/partners/102611-brainware-521492.html|title=Brainware and Oracle Modernize Procurement for Her Majesty's Prison Service|publisher=Profit Online|author=Marta Bright|date=October 2011|accessdate=2011-11-01|url-status=dead|archiveurl=https://web.archive.org/web/20111031231002/http://www.oracle.com/us/corporate/profit/partners/102611-brainware-521492.html|archivedate=2011-10-31}} Business Finance,{{cite news|url=http://businessfinancemag.com/article/touchless-ar-processing-boosts-productivity-1018|title=Touchless AR Processing Boosts Productivity|publisher=Business Finance|author=Mary Driscoll|date=2011-10-18|accessdate=2011-11-01}} imageSource,{{cite news|url=http://www.imagesourcemag.com/ism-article/intelligent-data-capture-fulfill-promise-bpa|title=Intelligent Data Capture: Fulfill the Promise of BPA|publisher=imageSource|author=Charles Kaplan|date=2011-05-09|accessdate=2011-11-01|archive-url=https://web.archive.org/web/20120422171519/http://www.imagesourcemag.com/ism-article/intelligent-data-capture-fulfill-promise-bpa|archive-date=2012-04-22|url-status=dead}} Managing Automation,{{cite news|url=http://pm100.managingautomation.com/gardner-denver/|title=Operational Excellence Mastery: Gardner Denver Inc.|publisher=Managing Automation|date=May 2011|accessdate=2011-11-01|url-status=dead|archiveurl=https://archive.today/20130419045343/http://pm100.managingautomation.com/gardner-denver/|archivedate=2013-04-19}} Industryweek,{{cite news|url=http://www.brainware.com/docs/news_articles/IndustryWeek.pdf|title=Product 2.0: Brainware's Intelligent Data Capture|publisher=IndustryWeek|author=Brad Kenney|date=2007-11-02|accessdate=2011-11-03|url-status=dead|archiveurl=https://web.archive.org/web/20120527042903/http://www.brainware.com/docs/news_articles/IndustryWeek.pdf|archivedate=2012-05-27}} Treasury & Risk{{cite news|url=http://www.treasuryandrisk.com/2010/11/01/silver-aha-winner-in-technology-excellence|title=Silver AHA Winner in Technology Excellence|publisher=Treasury & Risk|date=November 2010|accessdate=2011-11-01|archive-url=https://web.archive.org/web/20120430095502/http://www.treasuryandrisk.com/2010/11/01/silver-aha-winner-in-technology-excellence|archive-date=2012-04-30|url-status=dead}} and others. The company's enterprise search technology has been profiled by InfoWorld.{{cite news|url=http://www.brainware.com/docs/news_articles/Infoworld%20-%20The%20case%20for%20unintelligent%20machines%20-%20Feb%202009.pdf|title=The case for unintelligent matches|publisher=InfoWorld|author=Ephraim Schwartz|date=2009-02-09|accessdate=2011-11-03|url-status=dead|archiveurl=https://web.archive.org/web/20120527042915/http://www.brainware.com/docs/news_articles/Infoworld%20-%20The%20case%20for%20unintelligent%20machines%20-%20Feb%202009.pdf|archivedate=2012-05-27}}