Tungsten Network, a privately owned subsidiary of Kofax, is a UK-based IT services and consulting company founded in 2000. Employing approximately 270 people, the company's primary offering is an e-invoicing network designed to streamline invoice processing and payment procedures for businesses.

Revenue

Founded

2000

Headcount

268

Headquarters

UK

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

News Summary:

On March 11, 2025, Tungsten Automation held a customer summit at Raffles at The OWO in London. The event, attended by Quocirca, customers, and potential customers, focused on automation technology and the deployment of AI-driven tools to improve economic growth, business performance, and individual productivity. The company notes that organizations face challenges in efficiently extracting valuable information from the vast amounts of data generated daily, particularly from documents like IDs and tax forms. Manual data extraction remains a significant hurdle, and the need for interconnected systems and devices in today's digital environment is also highlighted.

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