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Optical Character Recognition (OCR) is a technology used to convert scanned documents and images into machine-readable text. OCR is a key component of Natural Language Processing (NLP), which is the process of analyzing and understanding human language. OCR is used to extract text from images, such as scanned documents, photographs, and PDFs, and convert it into a format that can be used by NLP algorithms. OCR can also be used to recognize handwriting and other forms of text.
OCR technology is used in a variety of industries, including healthcare, finance, and education. It is used to automate document processing, improve accuracy, and reduce manual labor. OCR is also used to improve customer service, automate data entry, and improve search engine optimization.
Some companies in the OCR market include Google Cloud Vision, Microsoft Azure Cognitive Services, Amazon Textract, ABBYY, and Nuance. Show Less Read more