Read this article to get familiarized with the amazing benefits of APIs in working processes.
In 2022, artificial intelligence (AI) systems are anticipated to have a significant impact on technology. More and more businesses are realizing the competitive benefits of having platforms improved by AI that can combine all relevant data for any industry in order to streamline operations, automate tasks, or make crucial choices fast and with little human involvement.
Three-quarters of business owners who have utilized AI technology, according to a Harvard Business Review survey, think that these technologies will significantly grow and transform their companies during the next three years. In this situation, it was determined that these applications already satisfied three important needs: real-time strengthening of customer and employee relationships, opportunity identification through data analysis, and automation of business procedures.
AI uses the benefits of machine learning to automate repetitive, time-consuming procedures by identifying them, generating potential solutions based on past data that an organization should offer, and eliminating the need for human engagement. Machine learning has advanced over time and can now process a wide variety of information.
OCR technology makes it simple to turn visual images and documents into text by analyzing them. In addition to special characters and handwriting, it can analyze alphanumeric characters. This effective technology integrates into work platforms and enables automatic data entry, streamlining many operations and concentrating the human workforce where it is most effective.
How Do OCR APIs Work?
APIs are software development interfaces, or digital tools. They get their name from the fact that they create a constant link with outside data sources, which give platforms for integrating outside features or data. Developers can easily include these APIs into business platforms, websites, or software applications. OCR APIs are capable of analyzing images, identifying the characters they contain, and translating that data into text.
OCR technology can easily process letters, numbers, and symbols. They can read handwriting, which is useful for some businesses. The text can be exported in a variety of formats after parsing and processing, including documents, Excel spreadsheets, and even commands inside a process chain.
Top 3 OCR APIs In Curl
Optical Character Recognition API
Machine learning engines that are constantly enhancing their performance are used by this API. This API fits information into millions of pre-defined categories with the help of its exclusive categorization capability. It is able to identify faces and objects and then assign labels. Additionally, it can read handwritten and printed text as well as important information. This API only requires a URL to function.
Docsumo
This API can extract useful information from unstructured documents like bank statements, bills, and notes. It is much appreciated that this OCR API supports a variety of file formats. Similar to previous APIs, it enables document analysis-based fraud detection and uses validation tests to confirm authenticity.
Rossum AI
Rossum AI is capable of handling highly sophisticated structured document processing. They have the capacity to accurately process vast volumes of data. This API processes information six times faster using AI algorithms than it would manually.