Capturing Unstructured Documents
An increasing number of projects are being launched to capture data from unstructured documents.
This article explores how NLP techniques can be used to extract data from Deeds …
An increasing number of projects are being launched to capture data from unstructured documents.
This article explores how NLP techniques can be used to extract data from Deeds …
I still see projects where the success of a data capture system is measured based on the OCR accuracy percentage. Even in some proof-of-concept tests, clients still tend to compare different solutions according to the extraction percentages achieved.
However, this figure is not a fundamental business parameter. What decision can an executive make if we tell them that one solution has a capture rate of 80% and another has 70%? Most likely, none—unless other factors that affect the calculation of a potential return on investment are also considered.
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