Press "Enter" to skip to content

ABBYY Blog Posts

6 information management trends redefining transportation and logistics

While we usually think of challenges in the transportation and logistics industry as being the physical mechanics of transporting an item from point A to point B, the new reality is that information management – and how quickly data can be put into action – offers the biggest challenges. Fortunately, the digital transformation movement offers a great opportunity for accessing, extracting, understanding then putting into action the data we know…

Digital transformation is about customer ownership

Forrester Research’s report, The Digital Business Imperative, found that 31% of business executives surveyed believe that digital technologies are a major driver of business strategy. A more compelling 89% believe that digital will disrupt their business in the next year, because if they don’t, they risk losing customers, revenue and profits to more digitally savvy disruptors. In fact, PwC found in its 2017 Digital IQ Survey a connection between organizations that had more…

AI opens new opportunities for BPOs and corporate shared service centers

Artificial Intelligence (AI) technology is taking over the world with many full-time employees (FTE) worried it will eventually replace their jobs. Experts at Oxford University have estimated that 47% of all U.S. jobs are at risk of being replaced by automatic systems. BPOs and corporate Shared Service Centers employ numerous people performing low skilled jobs, such as manual information keying – will these FTEs be replaced with robots performing the…

OCR drives innovative tech tools for assisted learning

The use of technology has transformed classroom productivity, increased student engagement and motivation and, most importantly, accelerated learning. Technology has also played a critical role in enhancing the lifestyle of individuals requiring assistance, ranging from the visually impaired to auditory learners. There are several innovative assisted learning tools available with the foundational technology being optical character recognition technology (OCR). OCR technology provides efficient and accurate document processing, coverts paper- or…

Building better business intelligence with AI & Machine learning

We can all think of ways automation has created positive and negative effects in our lives. In our modern world, nearly every service and purchase we make today is automated on some level. Whether a transaction takes place in a branch, a store, or on our mobile devices, we have all begun to experience both the benefits and, at times, the agnostic dread of automation through AI and machine learning.…

Putting business into customers’ pockets

If you want to see a bank customer wince, ask him to manually input some long numbers into your system. Yet in this digital transformation times, a large number of payments made by customers are still done by keying in data manually. The data that many businesses still require customers to provide range from account numbers, bank’s routing numbers, tax code numbers, tracking numbers to ID cards and passport numbers.…