Understanding the Ins and Outs of Intelligent Document Data Extraction
As we move to a digital future, businesses frequently process written, scanned, or digitally created documents such as invoices, checks, order forms, and bank statements. Traditionally a manual process, data extraction (capturing specific pieces of information from documents) will never become irrelevant. The data extraction market is expected to grow to $4.9 billion in 2027. And Gartner predicts 70% of organizations in 2025 will focus on innovative techniques to extract value from unstructured sources. However, the method by which businesses extract data has evolved—and there’s a new change that can simplify life for your company. (more)