Scanning & Capture

ABBYY has opened a regional office in Hong Kong to strengthen its relationships with enterprise-level customers and partners in the market. ABBYY is currently present in most countries in Asia with long-established offices in Taiwan and Japan and through its partner network.

The past few years have shown a remarkable transformation in the document capture and data extraction market. With the rise of Robotic Process Automation (RPA), and the desire to automate labor-heavy, document-centric workflows, document capture and data extraction applications have had to morph to meet a broad variety of needs. Here are a few observations from my daily interactions with partners and customers, and a few trends that are transforming the market.

Ocrolus, a New York startup that utilises machine learning to capture data from financial documents, has announced $US24M in new funding will be used to automate underwriting workflows for lenders and banks, and expand into new verticals.

Spinal Life Australia, a registered National Disability Insurance Scheme (NDIS) provider, has implemented a capture solution from EzeScan to streamline the process of administering plan management and invoice payment for its clients.

Kodak Alaris is pursuing an AI future by integrating select models of Alaris scanners with AI software from Singapore firm TAIGER to recognise and interpret text, whether it’s a name, address or other important information that an organisation requires.

Dynamsoft has introduced version 15 of its Dynamic Web TWAIN document scanning software development kit (SDK) which now has a faster way to initiate scan jobs and more equal functionalities for Windows and macOS editions. The SDK is widely used to expedite adding an online document scanner component to document management applications running in popular Internet browsers.

ABBYY has launched ABBYY Mobile Web Capture, a new SDK enabling developers to add realtime image and data capture in mobile web-based onboarding. Suitable for iOS and Android, the SDK is designed to help companies dramatically accelerate onboarding processes and reduce high dropout rates caused by the need for manual data entry on mobile devices.

Chief Sales Officer Bodo Wagener oversees the global sales organization for ABBYY. On a recent visit to Sydney he sat down with IDM to discuss challenges and opportunities in the enterprise capture market. 

The laborious and expensive process of backscanning boxes of paper archives could become a point and click operation in the future, via new Terahertz imaging technology that reads pages through closed books with invisible radiation.

Amazon Web Services has announced the general availability of Amazon Textract, a fully managed service that uses machine learning to automatically extract text and data, including from tables and forms, in virtually any document without the need for manual review, custom code, or machine learning experience.

Pages