Intelligent document processing incorporates automation to capture, extract, and process data from various formats including, forms, images, PDFs, and ZIPs. By leveraging API-based technology, businesses are able to free up human capital to focus on higher-value tasks by automating the multitude of documents they need to handle on a daily basis. Base64.ai has built a sophisticated OCR document processing automation platform that can handle 700+ document types off the shelf with the ability to adapt to continuously improve and expand its capabilities through AI. By coupling AI with OCR, the platform is able not only exponentially improve data extraction accuracy vs just using OCR alone but also accommodate more types of documents. Base64.ai is flexible in its implementation with a cloud-based solution, on-premise, and can even be incorporated to power enterprise RPA platforms. With data, both unstructured and structured, powering the future of the enterprise and business, the intelligent data processing market is forecasted to demonstrate a 34.6% CAGR through 2027. AlleyWatch caught up with Base64.ai Head of Marketing Andy Karuza to learn more about how the experience of onboarding Uber drivers served as the catalyst for the company, the company's strategic plans, and latest round of funding from investors that include Long Journey Ventures and Data Community Fund.
Customers aren't locking down access correctly, leading to ~70 percent of ServiceNow implementations tested by AppOmni being vulnerable to malicious data extraction.
The banking industry is currently in the midst of a transformative migration heavily weighted towards digitization. To make this enormous shift possible, financial institutions are increasingly turning to hyperautomation. According to a KPMG report, 59% of executives say that the pandemic has accelerated their organizations’ interest in driving digital transformation. Many people have traditional views […]
As we get started with 2022, organizations continue to leverage new strategies and technologies to maximize the value they get from data. These emerging trends will play a major role in shaping how enterprises use and harness data this year and beyond. Read on for our predictions regarding databases, AI, chaos engineering, and more. Siddon […]
