OCR for Streamlined Customs and Compliance Procedures
By 2027, the global e-commerce market number will increase by 39% yearly. This means more people will buy online from different places, leading to increased operational pressure on customs points. Implementing optical character recognition and AI in this sphere will change the game. Both markets have much in common: spending on artificial intelligence will increase […]
OCR and AI in Cargo Tracking: Real-Time Visibility
The worldwide air freight market will reach USD 133.47 billion, a considerable increase compared to USD 66.6 billion in 2021. The annual growth rate is projected to be 10.3%. With such growth in the volume of transported goods, automatization will shift from luxury to everyday necessity. In this article, we shall discuss how optical character […]
OCR in Document Management for Aviation Companies
According to discussions on the professional pilot forum PPRuNe, flying makes up a fourth of a pilot’s duties. The rest is paperwork. Besides pushing the panel buttons and navigating the airplane through the clouds, as we see in the cinema, a pilot should perform tons of calculation and analytics tasks, which require an extreme level […]
Enhancing Efficiency in Logistics: The Role of OCR and AI
According to the McKinsey report, the US economy only loses up to 95% billion US dollars a year due to delivery delays. These numbers arise from lost parcels, miscommunication, or long parcel processing. AI technology promises to minimize losses and enhance the productivity of operations. AI solutions and OCR make logistic processes faster, more innovative, […]
