AI-powered intelligent document processing giant, ABBYY is moving its HQ to Austin, Texas.

ABBYY, a renowned pioneer in intelligent document processing, process intelligence, and intelligent automation, is making a bold move. The company is relocating its global headquarters from California to Austin, Texas. This strategic shift places ABBYY squarely in the heart of the burgeoning “Silicon Hills” tech ecosystem, joining the ranks of industry giants like Google, Apple, Tesla, and Oracle.

The move is more than just a geographical change. It’s a pivotal step in ABBYY’s broader transformation. Along with the relocation, the company is also implementing new leadership strategies and streamlining its operations. This dual focus aims to solidify ABBYY’s position as a trusted authority in the field of AI-powered document processing and automation.

The announcement comes days before ABBYY Ascend, a spectacular digital event scheduled for October 30. This event promises to offer attendees a glimpse into the future of AI and automation, showcasing ABBYY’s innovations and future plans. At ABBYY Ascend, attendees will have the opportunity to hear directly from ABBYY’s leadership team as they unveil the latest advancements in AI technology. The company is poised to share its vision for the future of intelligent automation and how it plans to continue shaping the industry.

At the time of this official announcement, ABBYY’s CEO Ulf Persson highlighted the factors that influenced the decision to move to Austin, Texas. Ulf said, “Relocating our headquarters to Austin, where our product leadership team already is, places us at the heart of a growing tech ecosystem. Together with our development centers in the U.S., India, and Hungary, we’re tapping into top global talent in AI, machine learning, and product development to drive our next phase of growth and innovation.”

Adding New Leaders to Strengthen ABBYY’s Position in the AI Market

ABBYY Bolsters Leadership Team with Industry Veterans

Hopeful Owitti joins ABBYY as Vice President of Customer Experience. With a wealth of experience in leading customer care initiatives at OutSystems, Owitti brings a proven track record of delivering exceptional customer satisfaction. His expertise will be instrumental in ensuring that ABBYY’s customers continue to receive world-class support and service.

Nicholas Hyatt, a seasoned engineering leader, has also joined ABBYY as Vice President of Engineering. Hyatt’s previous experience at Ionic has equipped him with a deep understanding of software development and engineering best practices. His leadership will be invaluable in strengthening ABBYY’s engineering and development efforts, driving innovation and delivering cutting-edge AI solutions.

The addition of Owitti and Hyatt to ABBYY’s leadership team further reinforces the company’s commitment to excellence and growth. Their combined expertise will undoubtedly contribute to ABBYY’s continued success in the field of intelligent automation.

The company also announced it has promoted and appointed Roman Kilun as Chief Compliance Officer. Kilun will report directly to the CEO Ulf Persson and will be responsible for overseeing ABBYY’s compliance program across all global operations.

So, it’s clear that by establishing its headquarters in Austin, ABBYY is tapping into a vibrant and dynamic tech community in the region, adding new forces to lead the company through complex market conditions. This move will provide the company with access to a pool of top-tier talent, foster collaboration with other innovative organizations, and position ABBYY at the forefront of emerging AI trends.

As ABBYY continues to evolve and expand, its commitment to delivering cutting-edge solutions remains unwavering. This strategic relocation marks a significant milestone in the company’s journey towards AI leadership.

Additional insights by the ABBYY leadership

“Our move to Austin represents a significant milestone in ABBYY’s transformation,” commented Patrick (PJ) Jean, Chief Technology and Product Officer at ABBYY.

Patrick added, “By bringing our product teams closer to our leadership, we will be fostering the collaboration that strengthens our innovation and delivery of AI-driven solutions, ensuring our products continue to lead the market in intelligent automation. I’m excited to work closely with Hopeful, Nick, and the ABBYY leadership team as we push forward on this journey of growth and innovation that also includes expansion of our global development centers in India and Hungary.”

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