fyi that defaulted to indian rupee as default currency for me (UK based & zero indian connections). Weird
[1] https://source.opennews.org/articles/so-many-ocr-options/
Edit: and now it's hopefully clarified in the article itself. :)
In this case, the use is extracting words that can be used in full-text search, so structural extraction isn't a key criteria.
In case someone wants to know more, the former is known as "full page OCR" and the latter as "data capture"/"document processing" (or IDP, intelligent document processing).Full page OCR for machine printed text is considered a solved problem (but not for handwritten text). Data capture is hard to do and involves extracting specific fields from documents.
The first big cloud company going into data capture territory was Amazon with AWS Textract (calling it OCR++). There's also Document Understanding AI (Google) and Azure Form Recognizer in Beta, as mentioned by others in this thread.
The big 3 RPA companies (UiPath, Automation Anywhere, Blue Prism) have also gone into data capture (calling it cognitive or intelligent RPA).
ABBYY (with FlexiCapture) and Kofax (who recently acquired Nuance's imaging division, the 2nd most popular OCR engine after ABBYY's) are the traditional IDP players.
A good example of what I’m talking about are invoices. In my line of work we extract data from thousands of different types of invoices that are the only place to find key data from your services provider (waste & recycling bills, soon other parts of a building’s expenses), and normalize that information.
There is a long-tail of industries that are years away from having an API to transact information…but that information is available on their monthly statements in some sort of crazy table format!
In my experience Amazon Textract has been the best in terms of processing speed, ease of use, and table extraction accuracy. However post processing is almost always needed with any OCR implementation.
Edit: Its important to note that Microsoft and Google don’t even support table extraction in the APIs listed in this article!