The latest tech developments aren't just altering the face of industries like finance and health care — they're having an impact on public institutions and governments as well. According to a survey by Deloitte, 96 percent of government officials worldwide say that digital technologies have had a "significant" impact on the public sector.
In today’s dog-eat-dog business landscape, companies that can iterate product development faster and get products to market quicker are those that stand the best chance of success. Thanks to the growing trend of digital transformation, these faster speeds are usually due to better applications and technologies.
If you’ve ever wondered about BPM, its capabilities, and what it can do for you – look for no further! This article is the only crash course you’ll ever need.
BPM, or Business Process Management, describes decision-making strategies for making corporate processes more efficient. Vague, right? That’s because the term includes a wide variety of mechanisms and phenomena that span industries, all falling under the umbrella term of BPM. In fact, there are as many BPM strategies as there are specific processes that industries need to follow.
Optical character recognition (OCR) is the use of technology to convert machine-printed or handwritten text into digital text. There are a variety of business applications for OCR, including invoices, business cards, receipts, bank checks, and more. The term intelligent character recognition (ICR or iOCR) is sometimes used for advanced OCR technologies specifically used for multiple fonts and styles of handwriting.