Exploring the Benefits Data Extraction With Image to Text Posted: December 28, 2022 @ 3:12 pm

Introduction

Have you ever wished you could just extract the data you need from an image? With the recent developments in AI and deep learning, data extraction tools can efficiently extract printed and handwritten text and tables. Data extraction with image to text is becoming more and more popular, and for good reason. Below, we'll explore some of the benefits of data extraction with image to text.

Introduction of Data Extraction

You may be wondering what data extraction is. Simply put, it is the process of converting images into text. This can be done in a variety of ways, but the most common is optical character recognition (OCR).

By extracting data, businesses can save time and money by automating the data entry process. Not only that, but data extraction can also help improve the accuracy of data entry. In some cases, data extraction can even be used to identify specific objects like tables in an image.

Benefits of Data Extraction

There are many benefits of data extraction. When you extract data from images, you can:

-Speed up the process of getting information from images

-Access data that would otherwise be unavailable

-Improve the accuracy of the data you extract

Optical Character Recognition (OCR) Technology

Optical character recognition (OCR) technology is used to convert digital images of text into machine-readable text.

This is important because it means that you can extract data from any image no matter how blurry or low-quality it is. Imagine being able to extract information from a damaged document or a handwritten note. That's the power of AI and deep learning-based text extraction.

It can also be used to convert scanned documents into searchable text. This is a great time-saving feature, especially if you need to access information that's been scanned and saved as a PDF or image. You can simply search for keywords in the text, and the results will appear instantly. Another key stone for most originations is to convert unorganized data into organized where for example the extracted data can be transferred to organized form like excel sheets, XML, or even transfer the data directly to other software.

Image to Text Data Extraction

Data extractionwith image to text technology is a great way to save time when you need to quickly process large amounts of information from images, documents, and forms. With this type of technology, it’s easy to extract and organize data from the text- or image-based files into structured formats.

Additionally, using image-to-text data extraction can help make sure that the accuracy of the extracted information is as high as possible without sacrificing speed. Since this process is powered by deep learning, each piece of information is extracted with reliability and accuracy.

In the following, I will talk about my number one selection for advanced data extraction, which is AlgoDocs. I have selected this tool in particular after texting many similar tools and software and as I result, especially that I am interested in extracting tables where some of which are very complicated and can be allocated on multiple pages in addition to my interest in extracting handwritten. AlgoDocs provide my outstanding performance.

In general, AlgoDocs is a powerful web-based AI Platform for Data Extraction that can extract text and tables and even some specific fields like some rows or columns from scanned files like PDFs & image files. Then, the extracted data can be saved into multiple formats like Excel, JSON, XML or many other integrations, such as accounting platforms. Based on their documentation, and as shown in figures 1 and 2, AlgoDocs has AI-powered OCR functions that can extract printed and handwritten data from low-quality files with as low dpi as 75. Also, AlgoDocs can extract tables and text from any scanned file such as Handwriting text, Invoices, Research papers, Tax documents, Payroll data, Contact details, Client data, Legal filings, Financial investments, etc.

Figure1. Sample of low-quality handwritten image processed by AlgoDocs.

Figure2. The extracted table from the scanned handwritten file using AlgoDocs.

Conclusion

In short, data extraction can be a great way to get information from images, and there are many benefits to using this method. AlgoDocs offers a forever free subscription plan with 50 pages per month. You may check AlgoDocs pricing for paid subscriptions based on your document processing requirements.

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