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Standard Document Types and the Parashift Learning Network

Using technology to extract important data from documents is nothing new. On the contrary. For several decades now, various technological approaches have…

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The Advantages of Standardized REST APIs

Before we go into detail about the REST API, also called Application Programming Interface, here an exemplary attempt to explain why APIs in general are…

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The Potential of Intelligent Document Extraction for the Leasing Industry

The leasing of a wide range of assets, both for private individuals and companies, is becoming increasingly popular due to its many advantages. However,…

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    Template-Based OCR Versus Machine Learning-Based OCR

    Since computers have become established and documents have gradually become more and more needed in digital form, the way in which they can be converted…

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    Cloud versus On-Premise - Part 2

    In the last blog post we briefly covered the evolutionary history and the main advantages and disadvantages of cloud and on-premise solutions in general.…

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    Cloud versus On-Premise - Part 1

    The decision between a Software-as-a-Service (SaaS) or in-house respectively on-premise solution is a crucial aspect of any IT strategy. This is…

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    The 4 Waves of AI: Does the Winner Take It All?

    Last June, I read Kai-Fu Lee's book "AI Superpowers: China, Silicon Valley and the New World Order". A book that was kind of preparing me for topics that…

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    How We Revolutionize Document Processing With Machine Learning

    At Parashift, we focus on leveraging pragmatic state-of-the-art machine learning (ML) technologies to solve specific problems for our clients. The problem…

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    The Market for Document Extraction Software Is Gaining Ever More Relevance

    According to a new market report from Transparency Market Research, the global market for document extraction software is expected to grow to $12.6…

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    Intelligent Process Automation: Next-Gen Automation Software

    The market dynamics have changed quite significantly for most companies in recent years. This has resulted in new opportunities but also challenges. As a…

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