Category: Data Extraction

Over the last decade, data has been hailed as the new oil, the new gold, the new currency, the new soil, and even the new oxygen. All these comparisons drive home the same point: data is important. If you’re running…

Paper-based forms are slowly being replaced by their digital counterparts, but filling out forms is still a big part of doing business. It’s typically the first step in a company’s data collection and facilitates multiple business functions. The ubiquitous nature…

In the dynamic world of insurtech, where innovation is the key to success, insurance companies constantly seek ways to optimize their operations and unlock new opportunities. Among them, a US-based company, a renowned player in the industry, recognized the immense…

According to Allied Market Research, the global data extraction market is set to increase from $2.14 billion in 2019 to $4.9 billion in 2027. Data extraction is a vital part of an effective data management strategy. As such, AI-based document…

Data is at the heart of the insurance industry. Vast amount of information is collected and analyzed daily for different purposes including risk assessment, product development, and making informed business decisions. But managing this data can be a significant challenge,…