Thursday, July 4, 2024

Base64.ai Appoints Matt Mallette as Chief Revenue Officer

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Base64.ai, the leader in AI-First Document Intelligence software announced the appointment of Matt Mallette as Chief Revenue Officer.

Matt joins the Intelligent Document Processing (IDP) company during a critical time of evolution as recent advances in AI – including Generative AI, inference, voice-activation, Large Action Models (LAMs), and image understanding – are transforming IDP from merely ingesting and processing documents to understanding and acting on the information. In fact, International Data Corporation (IDC) believes that serving the AI-enabled workforce with this type of technology will be a $151B market by 2027.

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Mallette joins Base64.ai after a successful 25-year track record in sales, business development, and revenue optimization. With deep expertise in the financial planning, ERP, and PLM markets, he will have responsibility for global sales and customer success and will focus on developing and executing innovative go-to-market strategies that drive global revenue growth. Before Base64.ai, Mallette held key leadership roles at Oracle as well as at several other leading software and technology companies, where he and his teams consistently exceeded targets and achieved record high levels of customer satisfaction.

Base64.ai is the AI-first Document Intelligence Company. The Base64.ai Document Intelligence Platform empowers businesses to gain insight –– and intelligence –– by using AI Vision to expose and leverage insights found in documents, images, video and audio, automating document processes via Generative AI and Large Language Models, and initiating action via AI-powered workflows. Base64.ai is driving the evolution from legacy Intelligent Document Processing to true Document Intelligence, setting a new standard for the industry. The company is backed by several blue-chip investors, including Long Journey Ventures, Prime Zero Ventures, and Sequoia.

Source: PRNewswire

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