Best OCR APIs Available In The Market: 2022 Edition

Best OCR APIs Available In The Market: 2022 Edition

Optical character recognition or OCR technology is leading the frontier for digital automation processes. OCR application programming interfaces (OCR APIs) allow businesses and enterprises to extract data from documents and store them in digital files. Essentially, they help with the conversion of non-editable files such as scanned images, printed documents, or restricted PDFs into edible and computer-readable formats. By capturing hidden data from unstructured documents like invoices, bills, etc. businesses can run several advanced analytics to generate cutting-edge market insights and prompt several actionable business policies. 

Investing in the best OCR APIs allows establishments to speed up the automation processes to boost the efficiency and productivity of all operations. Whether it’s in accounting or resource allocation, such APIs are dynamic and highly functional business solutions. Such tools empower organizations to tap into all the nooks and crannies of documents to extract critical information that can be stored, shared, or sent for further processing.

Continuous advancements and the use of the best OCR APIs have helped KlearStack to emerge as a pioneer in intelligent data and document processing. By employing such cutting-edge technology, it can scan and analyze inputted files in a matter of seconds. Most OCR APIs work by parsing files in smaller bits. 

For instance, any scanned document is matched and compared to an existing template or a general framework. Then, the API breaks blocks of information into shorter text lines and eventually reduces all the data into single characters for faster processing. After this, the OCR API will parse every character present in the document and analyze it against preset templates or per specified requirements. By doing so, it can spot and store patterns that are later leveraged by its self-learning capabilities to translate data. 

Here are some of the best OCR APIs that businesses and enterprises can invest in to optimize business processes and boost automation.

1.  Google Cloud Vision API

The Google Cloud Vision API allows businesses to use powerful high-resolution image recognition, advanced processing tools, and analytics packages to improve their activities. It uses OCR technology to recognize and convert scanned text and images into machine-readable characters in digital files. Its sophisticated software allows handwritten documents or images in different formats such as JPG, GIF, TIFF, and so on to be processed quickly and accurately. Compatible with over 50 languages, this is a leading OCR API available for organizations looking to automate their practices. 

2.   Microsoft Computer Vision API

Microsoft offers an extensive package of electronic recognition and intelligent processing tools through its Computer Vision API. It allows users to generate smart images and uses OCR algorithms to recognize different objects and non-textual characters in images. For instance, it can be used to identify people and can even generate image descriptions using AI solutions. One of the best features of this API is that it uses two OCR endpoints to process data from different sources, thereby increasing its utility and functionality.

3.  Cloudmersive Optical Character Recognition API

Cloudmersive’s OCR API boasts one of the best OCR APIs in the world of digital automation. With powerful scanning and vision capable and natural language APIs, it can capture and convert hidden data from image files into recognizable and readable text formats. With modern machine learning (ML) models and effective codes, it can extend its capabilities to span over 90 languages. Further, it offers a comprehensive set of image processing tools that can rotate, tilt, crop, merge or segment documents or scanned receipts to generate data quickly and efficiently. 

4.  SemaMedia Data OCR API

With both Image OCR and Video OCR APIs available, SemaMedia Data offers several excellent OCR solutions for businesses and establishments. Its state-of-the-art technology allows it to extract information and recognize text from images and videos in multiple languages. Further, it comes with an in-built dictionary to improve the accuracy of text recognition and translation. It segments these pictures and videos into smaller blocks or clips for easy processing and analysis. 

5.  Mathpix API

The Mathpix API is one of the best OCR APIs, commonly used by mathematicians, statisticians, physicists, and academia to help solve mathematical equations. It is widely employed to recognize and input hard-to-end or tedious equations in the system using OCR technology and scanning tools such as image processing.

It can evaluate systems of equations, read and analyze graphs, compute long divisions and even generate diagrams. Comptabling with nearly all operating systems, its extensive scientific library can support scientific notations making it appropriate for businesses or academic purposes. 

Opt For The Best OCR APIs

Whether business, healthcare, or educational sectors, OCR APIs are highly relevant in nearly all fields in the industry. With high-end image processing and scanning tools, smart document processing packages, and improved accuracy, these OCR solutions are the apex of digital automation. OCR platforms such as KlearStack are pioneers in the realm of enterprise mechanization and digitization that offer a wide range of data recognition and parsing services to all sectors of the economy. 

Ashutosh Saitwal
Ashutosh Saitwal
www.klearstack.com/

Ashutosh is the founder and director of the award winning KlearStack AI platform. You can catch him speaking at NASSCOM events around the world where he speaks and is an evangelist for RPA, AI, Machine Learning and Intelligent Document Processing.