Talk / Overview

OCR technology has a direct and transformative impact on numerous industries, including healthcare, finance, retail, governance, and more. The combination of intelligent document processing (IDP) and OCR presents a powerful synergy that can significantly expedite the digital transformation process in the African market. Many businesses in Africa still rely on archived papers or stored PDFs, containing a wealth of valuable information. Leveraging these data reservoirs can provide organizations with deeper insights, streamline processes, and automate tasks with remarkable efficiency. IDP platforms have the potential to convert these archives and documents into dynamic, indexed data. They can extract valuable information, potentially fueling the development of online applications, such as banking and insurance apps. Automating manual data entry not only boosts productivity but also reduces the risk of human errors, saving organizations time and instilling an AI-first mindset.In my upcoming presentation, I will delve into real-life case studies where industries have harnessed the power of Intelligent Document Processing (IDP) and Optical Character Recognition (OCR) to transition from manual processes to seamless automation. Furthermore, I will provide insights through benchmarking, sharing relevant statistics and highlighting the distinctions between the African market and counterparts in Europe, the Pacific, and North America. I will cover key players in this technology landscape, the top industries benefitting from these solutions, the current state of technological advancements, the growth in the number of digitized documents over the years, and the return on investment (ROI) achieved through these transformative technologies.

Talk / Speakers

Yassine Hamdaoui

CEO, NEURODATA

AMLD / Global partners