As per surveys, around 80% of data is either semi-structured or unstructured. Text extraction is not limited in its applications, it is used widely in a variety of sectors – Retail, E-commerce, Legal, Healthcare, BFSI, and Manufacturing, to name a few. Businesses across various industries have an avalanche of document types and formats.

This unstructured data contains valuable information that can help improve process efficiency, enhance customer satisfaction, and reduce operational costs.