By reading this article you will get familiar with AI and learn what OCR is. Additionally, we will present some OCR APIs that are featured in the market.
Artificial Intelligence (AI) is one of the technologies with the highest growth prospects today. According to recent data released by the consulting firm Gartner, organizations that have implemented AI grew from 4 to 14% between 2018 and 2019. it is a system that simulates different human processes such as learning, reasoning, and self-correction.
Artificial Intelligence and Machine Learning may seem too complex for people with zero technical knowledge. However, without knowing it, they use both technologies in their daily lives. They are found in most applications such as google maps, or internet browsers, improving their processes to make them more and more accurate and intuitive. This type of intelligence is present in many APIs that provide unique services using AI. One example is the Text to Image API.
What Is An OCR API?
An OCR API is a novelty in the world of digital tools. These APIs work mostly integrated into work platforms. Their job is to transform optical information, i.e. images, into text. Not only to text, but that information can be converted into operational commands, tables, labels, invoices, and editable files, among other things. They always recognize a variety of digital formats.
They work by first dividing the information into lines, words, and characters. Then it compares them with other sources and generates hypotheses to differentiate the type of symbol. It is simple and effective, however, this type of technology has some limits. OCR APIs are not able to read vertically written symbols, so some oriental languages could not be processed.
These APIs have great potential if you have developers since a structure can be created to learn how to read certain types of information and convert it into specific values, greatly simplifying data processing. For large and medium-sized companies that handle a lot of data, and billing, this API will improve their processes and costs. It really makes a difference to be up to date with the latest technology, and it is something that many companies have already proven.
Best Online OCR Alternatives
Optical Character Recognition API
This API works with machine learning engines that are constantly improving its performance. With its unique categorization feature, this API fits information into many preset categories. It can detect objects and faces and so assign tags. It may read printed and handwritten text, further as key metadata. All this API has to work may be a URL.
Docsumo
This API can turn unstructured documents, like bank statements, invoices, and notes, into valuable information. This OCR API works with every type of format, which is incredibly welcome. Like other APIs, it enables fraud detection from document analysis and may verify the authenticity from validation checks.
Rossum AI
Rossum AI can process structured documents with a high degree of complexity. they will process large amounts of knowledge with a personality’s level of accuracy. Working with AI algorithms, this API processes information 6 times faster than manually.