Tech Peak » What is OCR Software and what is it used for?

What is OCR Software and what is it used for?

by erica
OCR Software

Many people are aware of OCR Software known as Optical Character Recognition. But what exactly is it, and what is its purpose today. Like other technologies, it has seen a dramatic improvement since the first time introduced only 100 years ago.

What can it used to do? You need to have a solid understanding of the concept behind OCR and find out all you can about this incredible technology.

This blog we’ll begin by answering What is OCR? We will summarize its benefits and show how this type of digital automation can be your most powerful tool in reducing the cost of your business!

First ask yourself, what exactly do you mean by OCR?

If you’ve not heard of OCR technologies prior to now, it could appear to be a bit complicated and hard to comprehend. It’s actually quite simple that it’s often utilized to streamline business processes.

In the simplest sense, OCR API is a technology that detects text within images. It recognizes text and transforms the text in an image, no matter if it is written, typed, or printed in machine-readable text.

This is how OCR technology can transform scanned or photocopied documents like invoices, receipts and passports, into digital information. Later, you can use the data to further process.

What is the way OCR function in real-world situations?

To better understand OCR it is crucial to know how it functions. The first step is to have the device to store the image , and then software that is able to convert the image into text by using character recognition. The majority of times, smartphones is used in conjunction together with OCR software.

The whole OCR process is comprised of three primary steps which include:

1. Image Pre-processing

In the first stage, OCR software scans and improves the image’s quality. It boosts the grayscale, improves the brightness, and also detects the edges of the image.

The aim of this procedure is to improve the image’s quality. By doing this distortions are reduced and the characteristics of the image are enhanced. This is a vital element for the next steps since it increases the precision rate.

2. Character Recognition

In this phase “character extraction” follows (character recognition). The OCR software looks at the patterns of dark and light that compose these letters as well as numbers, and convert the image to text. OCR software is also able to recognize characters that are in different fonts. Therefore, rules are employed to aid in matching what it detects in the image to numerals or letters correctly.

3. Post-processing

Post-processing is the process of error correction, which guarantees high accuracy and the quality that the data. The OCR software then converts identified data into an organized format, typically JSON. From there processing the data within your database or in another systems is a breeze.

What is the advantages OCR Software?

There are a variety of advantages to installing OCR software in your business So let’s take some look at the most important advantages and how it could aid your company:

Lower costs

It is possible to be able to save more than you thought through the use of OCR software! A reduction in hours of work is among the factors that contribute to cost savings, and so are office rental and the expenses that go along in document storage.

Errors reduced

Processes repeated and involve entering data manually could result in an increased risk of making mistakes. In typing or ignoring certain figures or statistics crucial to an enterprise process. Making use of OCR software can reduce errors and eliminates the chance of typos, distractions, and other errors frequently encountered when entering data manually.

Productivity increases

Manually processing data could consume an enormous amount of employee time. Utilizing OCR programs, workers will be able to concentrate on what is important which results in improved productivity.

More accurate data

OCR software offers the most accurate level of accuracy. It assists companies in determining how their information processed. This leads to more precise information and improved decision-making.

OCR’s power OCR

Are you prepared to dive into OCR world? After you have a better understanding of the basics of what OCR is? What it does, its advantages and the functions it can utilize for the following step. It will locate an expert software provider suited to your company’s requirements.

We hope we’ve addressed all your concerns about this technology. The potential of OCR Software is unlimited which is why you’ll be capable of transforming your business in a completely new manner.

 

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