Scalability: Has the potential to scale a large volume of documents with relatively low cost.Reliability: Increases accuracy of the information extracted and reduces human error.Efficiency: Removes repetitive tasks in the workplace and boosts productivity.Money: Saves costs by reducing manual extraction work.Time: Takes less time to process and build structured data sources.Intelligent document processing has six key benefits: What are the benefits of intelligent document processing? These document intelligence technologies are called intelligent document processing. Artificial intelligence technologies such as natural language processing, computer vision, deep learning, and machine learning, are creating open-sourced solutions that transform unstructured and semi-structured information into usable data. In response to these challenges, tech companies are creating automation tools that capture, extract and process data from various document formats. Even with multiple resources for data retrieval, it can take days or weeks to get actionable information. ![]() This process can be cumbersome, lead to errors and cause long turnover times. The process of extracting and transforming data from PDFs is often done manually and can be resource intensive, requiring members to copy portions of relevant information and format it into a tabular structure. Many financial services, government agencies and other large companies work with printed and electronic documents that must be transformed and stored in a searchable/query-able data format (e.g. Working with unstructured documents is complex and can lead to a waste of valuable resources. This saves a significant amount of time in capturing the data and allows researchers to focus their time on more meaningful analysis. By obtaining and extracting data from PDF documents, we can devise ways to generate high-quality meaningful statistics in a timely manner. Applying these solutions saves costs, as well as ensures information is provided in a more timely, accurate and secure manner to Canadians. Statistics Canada has been leveraging the power of responsible artificial intelligence ( AI) technologies and applying data science solutions to research and build solutions that can mine valuable insights from unstructured sources like PDFs and scanned images. They hold a wealth of important information for organizations, businesses and institutions in a format that reflects the paper it replaced.Īlthough PDFs are a reliable way to format and store data, attempting to scrape, parse or extract their data can be a challenging task. ![]() As the world rapidly moves to a digital economy, PDFs have become an environmentally-friendly alternative to paper, allowing creators to easily share, print and view a file in its intended layout on multiple platforms. Portable Document Format, or PDF documents, are one of the most popular and commonly used file formats.
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