Do you know that the largest optical character recognition (OCR) is as large as the size of the football field which was purchased a decade ago at the cost of $1.3 billion by the United States Postal Service?  

In this modern era of tech innovations, identity theft cases are progressing in parallel to technological advancements. Cybercriminals are attaining an advantage from the progression of innovative artificial intelligence algorithms. As a result, enterprises of all sizes have to face identity theft cases, counterfeits, chargebacks, and terrorist financing. For the prevention of such illegal activities, organizations, especially financial infrastructures must integrate themselves with real-time, robust, and reliable identity verification solutions.

Talking of AI-powered identity verification solutions, OCR screening plays a promising role in distinguishing between cybercriminals and potential customers. Optical character recognition OCR Technology is incorporated for the recognition of handwritten text from physical documents. OCR screening leverages a combination of hardware and software for the conversion of physical documents into machine-readable characters. 

There exists a wide range of OCR systems all across the globe that has different expertise. Out of all the available OCR solutions, here is the list of top 10 OCR software everyone must keep an eye on in 2021. 

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  Adobe Acrobat Pro DC

Adobe acrobat pro DC is an OCR software that assists with text extraction and conversion of that extracted text into machine-readable formats and editable PDFs. This software splits PDF into numerous PDF formats by specifying certain attributes such as top-level bookmarks, number of pages, file size, etc. This software is also capable of converting PDF files into compliant files by utilizing a profile or wizard. This also permits its users to validate PDFs against PDF/E, PDF/VT, PDF/X, PDF/A criteria. 

• Omnipage ultimate by Kofax 

Omnipage ultimate is a promising OCR application that helps in the conversion of paper into digital files. This software application basically transforms PDF files into editable documents. This software application world both on Windows as well as Mac.  This permits its users to extract text from the camera of their smartphones and efficiently converts pictures into text. Moreover, this application supports more than 120 languages that permit you document processing, editing, and storage from any region of the globe. 

• Abbyy FineReader 

Abbyy finder is a PDF solution that involves AI-powered OCR technology for the creation and enhancement of any type of PDF document. This software application also assists to collaborate, digitize, retrieve and protect numerous types of documents in the same workflow. This also enables the rectification of sentences and paragraphs even if the document’s layout is fixed. Not only this, this software application creates different multiple levels of password protection for PDF files.

• Readiris 

Readiris is a PDF as well as OCR publishing software that assists its users to edit, aggregate, and split large documents into small documents for easy processing. This software also protects and signs the PDF file of the user. Readiris is capable of converting a text file into .wav or .mp3 audio files. This provides verbal recognition to assist users to embed verbal annotations into PDF files. Also, Readiris is capable of converting a document into numerous formats such as PPT, JPEG, PNG, DOC, and many more. 

• SimpleOCR 

Simple OCR is basically a freeware OCR solution that provides royalty-free OCR SDK to developers which they can utilize during the development process of custom applications. This software works on all versions of the windows and requisites TWAIN driver for intensifying the compatibility of scanners. SimpleOCR can be utilized for retaining and capturing images from documents for the elimination of the requirement of importing each image separately.  

• Tesseract 

This is a free OCR software that was released under the license of Apache. Tesseract supports analysis of page layout, output text formatting as well as OCR positional information.  Also, it utilizes the Leptonica library and the purpose behind this utilization is to support numerous image formats. 

• Microsoft OneNote 

This software is manufactured by utilizing OCR technology that helps in information gathering, screening clipping, taking notes, etc. this permits its users to copy text from an image and paste that in the notes of use, that copped text is also editable. All the notes of the user are saved on their own and the user can find their notes right from the place where they left that. Also, this software application provides the service of two-step verification for the protection of files.

• Amazon Textract 

It is a machine learning software that extracts information from the scanned documents electronically. Also, this software application uses OCR technology for efficient and accurate data extraction. Amazon Textract is suitable for scanning book pages, legal documents resume, etc. The best part about this software is this extracts the essential attributes in a form document. This software works on Mac, Windows, Linux, and the web.

• Google Docs 

A web-based word processing software, google docs provides styling and editing features for the formatting of text. This has an OCR feature that permits its users to convert PDF files into editable texts without any cost. The most important key feature is this permits individuals to exchange messages and convey their requirements. With the help of google docs, team members can collaborate and edit documents in real-time. 

• Rossum

AI-based software solution, OCR, extracts data from the document with a 98% of accuracy rate. This reduces manual labor and enhances business operations. This software application allows data extraction from all sorts of documents including bills, purchase orders, invoices, etc. what makes this software stand out is this software can scan and extract data from multiple documents at a time. 

Choose What’s Best For Yourself 

Each of the above-mentioned OCR software solutions is different to some extent from one another. However, enterprises must acquire such OCR systems that fulfill all of their requirements. Here are some checks and essential features that you must look out for while choosing an OCR app for yourself: 

• It must be able to split long documents into numerous short documents for easy processing and management 
• It must be able to detect all the columns of images, tables, text, etc. 
• It must be capable of multiple language recognition. 
• It must be able to give as well as take digital signatures 
• It must offer extensive collaboration among all the members of the team for the management of comments 
• It must support files in numerous formats

 

So, which OCR document scanner are you going to acquire from today?