You’ve probably heard about metadata many times before, but do you know what it is? Metadata summarizes basic information about data, making it easier to find, and to use particular instances of data. Some basic examples of document metadata are, date created, date modified, file size, etc. Other than documents, metadata is used in:
The pressure on businesses to become more efficient and better optimized keep increasing every day. To achieve such goals, many companies keep investing in digital transformation, exploring innovative technologies to get ahead on their competition. One such technology is Intelligent Document Processing (IDP).
Technology keeps evolving every day, and with the vast amounts of data and documents collected by companies, new and improved solutions need to be found to automate everything.
With AI and Machine Learning, many innovative solutions are appearing, improving the classification of documents, data recognition and enrichment (based on the content of the file) and search capabilities. Thus, optimizing companies’ workflows.
Many organizations are switching over to newer and more modern ECM systems. With that, comes the task of migrating content from the “old” platform to the new one.
The migration process can be time-consuming and expensive since many organizations have millions (or trillions) of documents. But with AI, that daunting task is much faster and easier.
Digital transformation is headline everywhere! In fact, in the last couple of years, we’ve been pushed forward to this new reality, driven by the “no contact” policy, mandatory because of the COVID pandemic. This expanded technology beyond, to remote working, to learning and even entertainment.
Now, the pandemic seems controlled (at least we hope so), but companies didn’t hold on their digital migration efforts. People has adapted, and a lot of us still work and study from home!
Let’s get to the point here… all businesses workflows, decisions and operations are made based on a data analysis. In a daily base, this data usually come from documents handled by the company’s different departments.
Now, imagine that you have a system (ECM System) that can automate the extraction of information, as well as the data analysis, from these documents! Don’t you think this can enhance your company’s key processes?