Data Extraction from documents has evolved significantly since the OCR days of the 1990’s. Several template-based approaches have been replaced with Artificial Intelligence and Natural Language Processing guided systems, offering intelligent data extraction from complex unstructured documents. Typically, Intelligent Data Extraction is a component of an overall Intelligent Automation strategy that combines various processes to […]Continue reading..How can Idexcel AIDE solve Data Extraction Challenges for Public Sector Organizations?
An Allied Market Research report published in March 2021 showed that digital transformation in the BFSI industry globally generated USD 52.44 billion in 2019. Between 2020 to 2027, it is expected to register a CAGR of 15.4 percent, reaching USD 164.08 billion by 2027. The outbreak of Covid-19 has accelerated the adoption of digital transformation […]Continue reading..Digital Transformation Starts with Data Extraction
An increasing number of financial institutions are transforming their systems and exploring how cloud computing can help. The COVID-19 pandemic has further inspired financial and banking leaders to incorporate cloud and security in financial services. According to The Next Web, cloud services have served as a saving grace throughout the unprecedentedly challenging time, making it […]Continue reading..How is Cloud Computing Transforming the Financial Services Industry?
Modern growth depends on automation. Any routine task that can be automated gives an enterprise an edge over the competition in the beginning and then becomes a necessity for survival. Excel macros were once a boon to any data-driven enterprise. They allow data analysts to automate processes that involved a lot of error-prone copying, pasting, […]Continue reading..Digital Workers Are a Necessity in Our Post-Pandemic World
Nearly everywhere you look in today’s global marketplace, you’ll spot an ever-increasing use of artificial intelligence (AI) solutions combined with cloud computing technologies. You might even personally use AI in cloud solutions in the form of digital assistants, such as Apple’s Siri, Amazon’s Alexa, and Google Home. But how far down the AI solutions rabbit […]Continue reading..Why Are Cloud-First AI Solutions Important?
The Current Digital Automation Climate Digital disruption in the form of automation has caused a massive change across the globe that has affected all industries in various ways. AI-powered automation solutions reduce the time spent on repetitive tasks and offer massive benefits to stakeholders. Currently, the manual extraction of data from hundreds of documents, creation […]Continue reading..Business Impacts of Data Extraction Solutions
Major Service Announcements: NEW: AWS CloudShell is a browser-based, pre-authenticated shell that can be launched directly from the AWS Management Console to run AWS CLI commands against AWS services using a preferred shell of Bash, PowerShell, or Z shell. This can all be completed without downloading or installing command line tools. AWS CloudShell is generally available in […]Continue reading..AWS re:Invent Recap: Werner Vogels Keynote
Here are the key discussion topics from the AWS re:Invent 2020 Infrastructure Keynote from Peter DeSantis – Senior VP of Global Infrastructure and Customer Support, with a focus on efforts to improve resiliency, availability, and sustainability for its customers: AWS Nitro System: Enables faster innovation and enhanced security. Nitro version hypervisor chips is the most […]Continue reading..AWS re:Invent Recap: Infrastructure Keynote