According to analyst reports, 80% of the petabytes of organizational data is unstructured, and nearly 70% is not used as it exists in various formats — text, image, video, voice, etc. — that are difficult to analyze. Manual document processing is time-consuming, tedious, and error-prone.
How then can organizations unlock business value from the deluge of unstructured information? How can organizations accelerate their digital transformation journey?
The answer — Document AI. Document AI solutions leverage advanced technologies such as AI and Machine Learning to provide a host of benefits, from enabling decision-making to improving organizational productivity & operational efficiency. Various industries — healthcare, finance, and insurance, among others — are harnessing the power of Document AI for document extraction and digitization to achieve desired business goals in the long run.
Furthermore, organizations that unleashed the power of AI technologies during the pandemic were far more adaptive and resilient. With recent breakthroughs in Machine Learning, it’s no wonder that enterprises are turning to AI to fast-track their digital transformation initiatives.
Download the whitepaper to learn how Document AI can help enterprises unlock business value faster.
Download this piece to realize:
- The role of Document AI Solutions in the new normal – key industry trends
- How are organizations benefiting from Document AI