AI amplifies the reach of OCR to drive hyper automation

Workshop COMPUTER VISION DATA PREPARATION DATA QUALITY DECISION AUTOMATION DIGITAL TRANSFORMATION GDPR NATURAL LANGUAGE PROCESSING (NLP) PROCESS OPTIMIZATION ROBOTICS SMART SUPPLY CHAIN

2023-02-09 | 03:00 PM - 03:30 PM | Workshop 2

Information

Going paperless and dealing with digital documents is often seen as getting onto the digitisation journey. Sorry to disappoint you, but capturing an image of a document and throwing the paper in the trash, is neither digitisation nor meaningful automation.

AI/ ML technologies around computer vision, Natural Language Processing and Deep Learning have gone fully mainstream and making a profound impact across our personal and professional lives. It is a truism that "OCR" impacts only 20% of documents with unstructured documents being largely out of reach. It is also a reality that humans communicate in ‘unstructured formats’ that are not easily amenable to traditional document extractors. As Yoda might say, “Real life is not, in a form, summarised”.

Enter CMR+ (Cognitive Machine Reading) the smart solution to processing documents with genuine intelligence and continuous learning. The platform vision follows the lead of RPA to enable citizen developer configure algorithms and business rules to read typical documents encountered daily including emails, invoices and long-form contract documents.

This technology reaches the parts of a process that OCR and RPA cannot.

Join our session as we explore how CMR+ emulates human’s speed-reading a document, finding nuggets of data embedded in paragraphs and enriching data for usage in downstream systems. The business impacts include driving new product innovation, 10x jump in productivity, improved customer service and high compliance.