It’s tough not to be awestruck by our technological age. Our personal and professional lives have been enriched to such an extent that most of us would completely. And hopelessly lost if technology innovation ceased suddenly and without warning – or if we were transported back to the pre-technical revolution era.
The good news is that nothing like this will ever occur. Technology progresses. Consider our ever-changing online landscape, ultra-high-definition televisions, 3D printing, and the start of the AI era as proof that we live in a changing world.
Intelligent Character Recognition Defined
Intelligent character recognition (ICR) is best thought of as a derivation of OCR receipt capture. Or data capture of any kind – with one major difference. Intelligent character recognition allows you to efficiently digitise documents of various types.
ICR provides the most secure means yet to proficiently digitise information, transferring every single vital element of documents of all templates, from accounts handling, customer onboarding, claims handling, supply chain management, HR records or processes, or professional documents of any description.
It’s not surprise that ICR is surging in business popularity around the world. And could set to revolutionise document or receipt capture in the coming months. And years given its increasing character recognition capabilities and repetitional reliability.
What Is OCR And ICR?
OCR (Optical Character Recognition) and ICR (Intelligent Character Recognition) are two of the most used character recognition systems.
To extract text from an image, OCR and ICR are employees. While scanning a document appears straightforward, this is only true if the document does not require any alteration. You’re out of luck if it does. Moreover, you’re stuck with a picture instead of an editable text file. And you’re force to re-type the areas you wish to change, which is a huge pain! This is where character recognition software comes into play.
Other methods exist, such as IWR (Intelligent Word Recognition), OMR (Optical Mark Recognition), and HWR (Handwriting Recognition). But their names suggest that they are employee for rather more “niche” reasons. For the purposes of this essay, we’ll stick to OCR and ICR, but be sure to subscribe to our blog to learn about alternative character recognition systems.
ICR Technology’s Advantages
Using intelligent character recognition has a number of advantages. Organizations will save time, money, and personnel resources by quickly detecting and extracting. Vital documentation from unreliable and old paper documents.
Organizations can use the retrieved data for digital routing and distribution of relevant documents when used in conjunction with content management or business process automation software.
So, what are the advantages of adopting ICR technology in a commercial setting. Aside from the obvious benefit of increased dependability and data extraction trustworthiness over typical receipt OCR. Or for documents of any kind?
Difference Between OCR & ICR?
“What a waste of time, two acronyms that mean the same thing: extracting text from photographs!” you would think. Regrettably, they serve quite distinct purposes.
OCR compares the letters in the processed image to a massive database of characters. Identifying and converting each character to text. OCR relies on the quality of the processed image because it is an optical technique. It also isn’t suit able for handwritten writing or bespoke fonts because it compares the image to the database. If you provide OCR a typewritten document, it will quickly and accurately transform the image to text.
ICR, on the other hand, is a more advance variant of OCR. That produces better results when dealing with handwritten materials. In order to recognize handwritten characters, it employs context, context, previously set user inputs, and data. However, with the correct image quality and enough context, ICR can successfully extract handwritten text from photos.
Is It Better To Use OCR Or ICR?
It is dependent on your requirements. The most common application of OCR technology is in the office. OCR is your best bet if you waste a lot of time manually retyping text from invoices. legal documents, sheets, or other machine documents. Character recognition has come a long way. Moreover, and effective tools will be able to recognise all kinds of fonts with exceptional precision.
ICR, on the other hand, is ideal if you frequently work with forms that contain handwritten data. So, ICR will accurately extract handwritten data if you provide it with the proper context and image quality.
We hope this quick guide helped you figure out which character recognition technique is best for you. Of fact, depending on your industry, you may require both technologies. that’s the case, you’ll need a more powerful machine that can do both OCR and ICR.
So, you’ve read this far, you’re clearly interest in recognition technology. Moreover, if you want to try your luck even more and stay up to date on the latest technology. Make sure to follow us because we publish this type of stuff on a regular basis.