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Data Extraction & Processing With Artificial Intelligence

Connecting physical data & digital systems Intelligently using intelligent document processing solutions i.e DocEdge

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Data Extraction & Processing With Artificial Intelligence

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  1. Hyperautomation for IT & Business Data Extraction & Processing With Artificial Intelligence Connecting Physical Data & Digital Systems Intelligently

  2. Hyperautomation for IT & Business Data Extraction and Processing Challenges • Collecting a variety of data in varied formatsfrom multiple sources • Extracting relevant information from a large chunk of data • Integrating data from multiple systemsto a centralized system for easy access • Converting unstructured data into a structured format • Maintaining data hygiene and confidentiality

  3. The Answer to challenges lies inAI-powereddata extraction and processingcalled Intelligent Data Processing. Hyperautomation for IT & Business

  4. Hyperautomation for IT & Business Document Process Trends Efficiency & Compliance Significant growth seen in 2020, driven mainly by an increased need to improve efficiency and compliance and reduce dependence on manual processing. Growth of SMBs Small and medium-sized businesses (SMBs) are showing the highest growth rate in the adoption of IDP solutions while large buyers continue to have the highest adoption. US$700-750 Million The global market for Intelligent Document Processing (IDP), estimated at US$700-750 million in 2020, is expected to grow at a rate of 55-65% over the next year.

  5. Hyperautomation for IT & Business How Intelligent Data Processing help? • Intelligent Data Processing- • Connects your physical data and digital systems intelligently • Best possible option to read and extract data • Option to connect with multiple Optical Character Recognition(OCR) solution providers • Easily interacts with extracted data for various purposes like approval, correction, verification, etc.

  6. Hyperautomation for IT & Business Why Intelligent Data Processing? Intelligent data extraction & processing capabilities High accuracy % Better data hygiene and confidentiality Native support for major use cases Speed up business process and ticket resolution Built-in image correction to deal with image flaws Easily switch between document formats Massive cost saving on voluminous data processing

  7. www.AutomationEdge.com

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