OCR
13 Rossum AI Competitors/Alternatives in 2024
Document processing is crucial in many industries such as finance automation and accounts payable. Alongside accounts payable AI (APAI) solutions, AI-driven Intelligent Document Processing (IDP) vendors such as Rossum capture attention.
5 Steps to OCR Training Data in 2024
The interest in optical character recognition (OCR) and intelligent character recognition (ICR) technology is falling (see figure 1) as companies switch to more automated solutions, such as machine learning-enabled data extraction. However, due to its various benefits, many companies still use1 or plan to use tools powered by OCR technology in their paper-based operations.
OCR for RPA: Bots Now Understand Unstructured Data in 2024
Robotic process automation (RPA) bots aim to replicate human interactions with computers in order to automate the performance of tedious repetitive tasks. Optical character recognition (OCR) enables RPA bots to handle tasks that require scanning documents and converting them to a format readable by machines.
OCR in 2024: Benchmarking Text Extraction/Capture Accuracy
Optical Character Recognition (OCR) is a field of machine learning that is specialized in distinguishing characters within images like scanned documents, printed books, or photos. Although it is a mature technology, there are still no OCR products that can recognize all kinds of text with 100% accuracy.
Still using Intelligent Character Recognition? Upgrade in 2024!
Intelligent character recognition technology was developed in the 90s relying on OCR and pattern matching to automate extracting machine readable data from documents. This machine readable data would then be used to help companies automatically process documents.
State of OCR in 2024: Is it dead or a solved problem?
Optical Character Recognition (OCR) is one of the earliest areas of artificial intelligence research. Today OCR is a relatively mature technology and it is not even called AI any more which is a good example of Pulitzer Prize winner Douglas Hofstadter’s quote: AI is whatever hasn’t been done yet.
Handwriting Recognition in 2024: In-depth Guide
Today, OCR technology provides higher than 99% accuracy with typed characters in high-quality images. However, the diversity in human writing types, spacing differences, and irregularities of handwriting causes less accurate character recognition, as you can see in the featured image.
Guide to Optical Character Recognition (OCR) in 2024
Imagine you want to edit a printed document like a book, a magazine article or a printed contract. You need to spend hours to type the document from the beginning and be careful about the mistakes.