In the age of the digital revolution, consumers want convenient services from organizations. They want their data to be accurately and reliably safe within the company database. Businesses are looking for digital services that can enhance the pleasant experience for their consumers. It is critical for them in order to increase their yearly revenue. Intelligent character recognition online services can help organizations with intelligent data extraction backed by artificial intelligence. The artificial neural networks enhance the processing and data recognition power of the software. It has the capability to give accurate results with high quality. Each new document entry into the system enhances the experience of the technology.
Intelligent Character Recognition Online – Define the Technology
ICR online is an extended version of the previous OCR technology. The latest intelligent character recognition online software has the capacity to work with different handwriting styles and types of fonts. The computer system that has the ICR online service integrated with it experiences improvement in accuracy levels and data extraction power.
How Does the ICR Reader Increase the Revenue of a Business?
ICR technology extracts printed text from the images of official documents. The technology has upgraded features than optical character recognition software. Intelligent character recognition online software has the capacity to upgrade itself with the passage of time and according to the needs of the clients. In this way, the technology is reliable, scalable, and compatible with modern-day businesses.
There can be some issues in data extraction if the system encounters a unique document once in a while. But the problem can be solved easily with the help of an expert. Keeping in view the advanced features, accuracy rates, and efficiency, intelligent character recognition online service can increase the revenue of the company.
How Does the Intelligent Document Recognition Software Work?
Intelligent character recognition online software can easily integrate with a pre-existing technology in an organization. The software easily takes the input from the documents and processes it according to the requirements of the company. The basic working of the software is as follows:
- The software prompts the user to show their ID in front of the camera. Intelligent character recognition online service extracts personal information from the official document such as full name, date of birth, and address
- In specific cases, the system asks the end user to prepare a handwritten consent note for verification according to the given guidelines. The ICR system scans and verifies the consent note within seconds
- After the whole procedure, the ICR system sends the results to the clients
The integration of artificial intelligence with ICR reduces time consumption and the use of resources of the company. How? The intelligent character recognition online service gives highly accurate results within a few minutes and it eliminates the need for manual labor (i.e. no need for an extra candidate to do the job).
The Use of Artificial Neural Networks and Predictive Models
After the data extraction, the data goes into the company’s database where other softwares can derive useful insights that can be used in predictive models for enhancing efficiency and optimization.
The use of artificial neural networks (ANNs) enables the technology to process huge volumes of data on a regular basis without compromising on quality and quantity. Additionally, it boosts the predictive power of the technology to recognize the diverse handwriting styles in documents.
Intelligent Character Recognition Online Software – What’s Uniqueness?
In light of all the perks of the ICR software, some clients might think that ICR software is comprehensive in itself. However, it does not replace OCR and IWR (Intelligent Word Recognition) technologies. Both the technologies have their own benefits and special features.
For instance, IWR software works with real-world records that have a free-form writing style. It is detail-oriented and automatic in performance. The intelligent character recognition online service eliminates manual labor, enhances customer satisfaction, and boots productivity. Furthermore, it ensures accuracy in results by paying attention to details.
Intelligent Character Recognition Online Software: The Use Cases For Modern Day Industries
The advanced features of online ICR services have gained huge popularity in modern-day industries. Following are some business sectors where technology is playing a vital role.
- Intelligent character recognition online massively benefits the robotics industry by extracting handwritten training data
- The ICR software can automate repetitive processes for the company that resulting in efficient business operations
- ICR technology converts the data into an electronic form that is easily accessible by clients later on
Finally, the intelligent character recognition online software is more efficient than OCR technology because it can work with multiple font styles and types of documents. The use of artificial intelligence assists the system in enhancing its efficiency.
Every new entry into the system enhances the data extraction power of the technology. Previously, the OCR software could only work with structured and printed documents but intelligent character recognition online can work with both structured and unstructured records as well as handwritten notes.