These industries generate millions of documents every month as a byproduct of their business processes. This can be most common in industries such as Finance, Legal, Insurance, Auditing etc. WHERE IS THE INTELLIGENT DATA CAPTURE SYSTEM APPLICABLE?Īny place where meaningful snippets of information are hidden deep inside digital documents and images.
Or some other such business interpretation is driven from the context of the document. ‘CHECK-IN DATE’ or a ‘CHECK-OUT date’ for hotel invoices ‘PAYMENT DUE DATE’ for credit card statements, On the other hand, with the help of Intelligent Data Capture solutions, this sequence of characters will take one of the following meaning: A 100% accurate result but eventually it is just a sequence of characters and pixels appearing together on a picture. Let’s walk through an example Īn OCR system scanning dates may output ’1’. In IDC, words and sentences get business meaning and become much more relevant. It’s a method above and beyond OCR software.
It provides meaning to text extracted from many forms of digital assets such as documents, emails, text files and scanned images. Intelligent Data Capture technology, on the other hand, is broader and more general field of information collection and analytics. Online OCR plays a critical role in scenarios with a large number of scanned documents and images which need to be converted to text. The field of OCR revolves around digitizing what’s on paper or a scan or a photograph from a physical document. IDC stands for Intelligent Data Capture, while OCR stands for well… Optical Character Recognition.Īs the name suggests, OCR mostly deals with image pre-processing, identifying characters and putting together words, blocks, and sentences. Let’s get simple things out of the way first. So in order to tackle this problem we’re listing some of the steps through which building an OCR scanner will become much more clearer. The main challenge one can face is identifying each character and word.
It requires an understanding of machine learning and computer vision algorithms. However, building a technology like this isn’t a cakewalk. Not only this, it’s ability to decipher a variety of languages and symbols gives Infrrd OCR Scanner an edge over ordinary scanners.
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The ability of OCR software to convert different types of documents such as PDFs, files or images into editable and easy-to-store format has made corporate tasks effortless. Optical Character Recognition (OCR) tools have come a long way since their introduction in the early 1990s.
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