Cloud Textract v1.0.1 - Extract Text and Data from Documents as SaaS
![Cloud Textract v1.0.1 - Extract Text and Data from Documents as SaaS](/image/mors2lhb/cloud-textract-extract-text-and-data-from-documents-as-saas.jpg)
Cloud Textract is a SaaS platform that uses a machine learning (ML) service that automatically extracts text, handwriting, and data from scanned documents. It goes beyond simple optical character recognition (OCR) to identify, understand, and extract data from forms and tables. Today, many companies manually extract data from scanned documents such as PDFs, Images (PNG | JPEG), Tables, and Forms, or through simple OCR software that requires manual configuration (which often must be updated when the form changes). To overcome these manual and expensive processes, Textract uses ML to read and process any type of document, accurately extracting text, handwriting, tables, and other data with no manual effort. Cloud Textract can extract the data in minutes instead of hours or days.
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