In today's digital age, businesses generate and process a large volume of documents. These documents can be in a variety of formats, including PDFs, images, and scanned documents. Extracting data from these documents can be a challenge, but it is essential for many business processes. 

One way to extract data from documents is to use optical character recognition (OCR) software. OCR software can automatically read and convert text from images and scanned documents into a machine-readable format. However, OCR software is not always accurate, and it can be difficult to extract structured data from unstructured text. 

Another way to extract data from documents is to use a purpose-built annotation tool. Annotation tools allow users to highlight and annotate specific parts of a document. This can be helpful for identifying important information and for extracting structured data. 

There are a number of purpose-built annotation tools available, including Amazon Textract, Google Cloud Vision API, and Microsoft Azure Cognitive Services. These tools offer a variety of features, including the ability to extract text, identify entities, and extract tables. 

In addition to extracting data, annotation tools can also be used to improve the quality of OCR results. By highlighting and annotating specific parts of a document, users can help OCR software to better understand the context of the text. This can lead to more accurate OCR results. 

Annotation tools can be a valuable tool for extracting data from PDFs and other documents. By using a purpose-built annotation tool, businesses can improve the accuracy of their OCR results and extract structured data from unstructured text. 

Here are some of the benefits of using a purpose-built annotation tool: 

Improved accuracy of OCR results 

Ability to extract structured data from unstructured text 

Easier to identify important information 

Improved efficiency of document processing 

If you are looking for a way to extract data from PDFs and other documents, a purpose-built annotation tool is a good option. These tools can help you to improve the accuracy of your OCR results, extract structured data from unstructured text, and identify important information. 

Here are some of the steps involved in using a purpose-built annotation tool to extract data from PDFs: 

Upload the PDF to the annotation tool. 

Highlight and annotate the text that you want to extract. 

Save the annotated PDF. 

Run the OCR software on the annotated PDF. 

The OCR software will extract the text from the annotated PDF. 

Here are some of the considerations when choosing a purpose-built annotation tool: 

The features offered by the tool. 

The accuracy of the OCR results. 

The ease of use of the tool. 

The price of the tool. 

Summary:  

The blog provides a step-by-step guide on using a purpose-built annotation tool to extract data from PDFs, which includes uploading the PDF, highlighting and annotating the text, and running OCR software on the annotated PDF. 

Overall, purpose-built annotation tools offer improved accuracy of OCR results, the ability to extract structured data from unstructured text, ease of identifying important information, and increased efficiency in document processing. They prove to be a valuable solution for businesses seeking to enhance data extraction from PDFs and other documents. Contact us sales@objectways.com for more details.