What Are OCR DATASETS Technology?

Introduction To OCR Datasets

OCR is an acronym in the form of Optical Character Recognition. OCR is a technique that automatically converts data from various document types like PDF files, scanned documents or images, and converts them to machine-readable formats. In converting scanned images and PDFs into the digital form, users are able to easily edit and search for, save and manage data online. Today, OCR solutions are widespread for data capture and recording of printed paper records However, what was the first time we used OCR technology for the first time? The year 1914 was when Emanuel Goldberg introduced OCR technology. He invented it to read and translate characters, then transform them into an telegraph code that aids blind people to read. The OCR technology advanced to expand its use during the 1990's, when we tried to digitize historical documents, like newspapers. 

Nowadays, OCR solutions provide services for many businesses who require conversion of digital information such as: i.e., invoices receipts, contracts, receipts, bank statements, etc to digital information in short for all these process one requires various Dataset For Machine Learning.

OCR solutions are currently helping in the following areas:

  • Get faster and more precise data entry
  • Change read-only text into editable text
  • Convert questionnaires and forms
  • Create audible files
  • Translate written text

Optical Character Recognition (OCR) vs Intelligent Character Recognition (ICR)

Most likely, you've seen these two concepts utilized when looking into OCR solutions. What is the distinction of OCR as well as ICR? Are they two distinct solutions?

The primary distinction in OCR as well as ICR is the fact that the former uses more advanced technology. ICR can be described as the OCR technology that has self-learning capabilities that allow it to learn and teach itself from patterns. This makes it possible to improve efficiency and accuracy. As you increase the accuracy of data capture, you'll need to do fewer corrections and the more automated data entry is.

Clients who utilize the GTS OCR Datasets to pay their invoices get the advantages of several ICR solutions, since we developed a multi-OCR feature built on artificial intelligence as well as machine-learning.

HOW GTS Is Ready With OCR Datasets Solutions

Global Technology Solutions (GTS) OCR solutions has got your business covered. With its remarkable accuracy of more than 90% and fast real-time results, GTS helps businesses automate their data extraction processes. In mere seconds, the banking industry, e-commerce, digital payment services, document verification, barcode scanning, Image Data Collection, AI Training Dataset, Video Dataset along with Data Annotation Services and many more can pull out the user information from any type of document by taking advantage of OCR technology. This reduces the overhead of manual data entry and time taking tasks of data collection.

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