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How is OCR Technology Revolutionizing Data Management Processes?
How is OCR Technology Revolutionizing Data Management Processes?
AI-powered OCR systems are used by banks, government departments, insurance companies, and other organizations that need to extract data from e-documents.
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Optical character recognition (OCR) tools read and extract details or patterns from records or photographs. (COURTESY IMAGE)
OCR solutions make use of advanced technology to assist individuals and businesses in translating paper records and images into editable formats. This can be done with the help of a scanner with OCR capability, which can recognize the text in papers once it has been correctly scanned with the application. The aim is to translate a document’s image into text. But it raises the question: what does this imply? Assume you have a photograph of a vacation rental listing with text on it. You will use OCR to scan the image and translate it into a f ....

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