Importance of OCR Services and Application in Various Industrial Sectors - 3Alpha Outsourcing Services

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Importance of OCR Services and Application in Various Industrial Sectors

OCR Services

Optical character recognition (OCR) enables the conversion of images of typewritten or printed text into machine-encoded text. With the application of OCR, various types of printed data like, telephone directories, membership directories, invoices, bank statement, receipt, business card, mail, or other document can now be converted to machine-codes so that they can be electronically edited, searched and stored for further usages. This application is highly used in reducing human labor and time.

There are various types of OCR conversion services like Book OCR Services, Newspaper OCR Services, PDF OCR Services, Form OCR Services and Zonal OCR Services. Each one has its respective application and highly specialized.

Common Applications of OCR

Application in Banking and Financial Sectors

A major application of OCR is the processing of check without human involvements. It not only saves enormous amount of time but delivers accuracy in job. Check is inserted in the machine, writing is scanned and correct amount of money is transferred immediately. Most modern banking and financial institutions are using this application. Most of all such an application automatically saves human labor.

Legal Application

The OCR application holds high importance in the legal field. Now most of the documents scanned and entered into the database. They are easy to locate and restore. Moreover they are fast, accurate and time saving enabling the easy maintenance of huge library of documents. It has almost become mandatory for the legal professional to take help of this technology.

Application in Healthcare Sector

OCR‘s increased application has been found in the health care industry. Documents are easy to store, locate and restore. The form processing tool powered by OCR is able to extract documents from the form and store it in the database for future reference and documentation.

Other Applications

Apart from the primary usages mentioned above, OCR has several other usages. Largely used in the education, financial and government sectors. It has hugely helped in reducing the administrative headaches. Tracking, recording and restoring data have been made immensely easier. Handwriting recognition is also a part of the OCR application.

Finally one can say that with the continuous technological advancement the usages and applications of OCR will see new avenues and will continue to make the work easier throughout the various sectors of industries. It has created a revolution in the document management process. The reason for its increasing popularity is due to its accuracy and efficiency in processing information. It has already become indispensable for various business sectors and though few difficulties are still there, it is surely going to see better days with further technological advancement.