We arguably live in one of the phenomenal eras witnessing technological disruption. We are transforming into a more digitalized world where businesses are going digital. Especially, when the recent pandemic situation has made us realize the importance of digitization and global connectivity. As a result, a countless number of physical documents have been digitized using advanced technologies.
One of these is Optical Character Recognition (OCR). Although OCR is not a new thing, constant improvement in this technology and high demand for digital automation is increasing adoption of OCR technology. The global OCR market is expected to grow at a revenue CAGR of 15.2% between 2020-2030. This market value is no doubt a result of technological advancement. The technologies like neural networks, machine learning, and natural language processing are helping businesses to provide an easy customer experience.
from DZone.com Feed https://ift.tt/2ThwZC8
No comments:
Post a Comment