OCR/ICR Archives • NLP Logix

Data Capture Automation vs OCR

Sarah Wong2023-08-04T17:24:03+00:00July 6th, 2022|Categories: Data Capture, Data Extraction, OCR/ICR|Tags: computer vision, Data Capture, Natural Language Processing|

What is the difference between OCR and AI/ML Data Capture? To put it simply, OCR recognizes text and follows simple commands. AI/ML Powered Data Capture captures the intent of the document and reads the words. NLP Logix’ patented Data Capture Automation technology incorporates Natural Language Processing, Computer Vision, and Machine Learning to capture all the data in a document in context. This process interprets the data objectively, much the same way a human would. Over time, Data Capture Automation can learn from it's mistakes and adapt to new content. Incorporating additional automation to your data extraction process can increase scalability, lessen the need for human [...]

Fourth OCR Patent Awarded to NLP Logix

NLP Logix Awarded Fourth Patent for Industry Leading Application of Artificial Intelligence to Extract Data from Document Images Jacksonville, FL, February 16, 2021 Just about every organization in the world has large volumes of documents stored in a physical folder and/or in digital format in a data base in their server rooms or in the cloud. These documents represent years of hard work by the employees who produced them, as well as a large financial investment made by the organization. The challenge for organizations has been how to automate classifying and extracting pertinent information from all the different document types. The most current optical character recognition (OCR) technologies fall well [...]