Unlocking the Power of Documents with Structure-Aware AI
The Untapped Wealth of Documents
Artificial intelligence software was used to enhance the grammar, flow, and readability of this article’s text.
Enterprise organizations handle vast volumes of unstructured business documents daily — including scanned forms, emails, legal contracts, medical records, financial statements, and more. It is estimated that over 80% of potentially usable data resides untouched within these text-heavy inputs.
That translates to a staggering amount of locked operational intelligence trapped in formats like PDFs, scanned images, and plain word files. Valuable insights such as transaction dates, customer details, product shipments lie dormant due to the difficulty in systematically extracting and connecting this knowledge.
Yet, efficiently leveraging documents is critical for accelerating decision-making, improving process efficiency, ensuring regulatory compliance, and gaining competitive advantages. So there exists both a massive need and tremendous opportunity.
Recent Advances Set the Stage
Fortunately, rapid advances in AI over the past two years promise to crack this nut by bringing natural language processing capabilities to document understanding.
Specifically, the emergence of three key techniques has been game-changing:
- Function Calls: Self-contained modules enabling…