Planet AI Launches IDA 5.2: Redefining Document Processing with AI

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UPDATED: Apr 30, 2024 4:39 PM

ROSTOCK — Planet AI, a trailblazer in cognitive software solutions, has unveiled IDA 5.2, setting new benchmarks in Intelligent Document Processing (IDP). This latest release revolutionizes document capture, classification, and data extraction from unstructured documents, empowering businesses and public administrations to streamline workflows with AI integration.

At the heart of IDA 5.2 lies the innovative LLM-based (Large Language Model) data extraction, a groundbreaking feature that redefines document processing. Jesper Kleinjohann, CEO of Planet AI, explains the significance, “The LLM-based data extraction feature, now in beta with IDA 5.2, is a revolution in document processing. It utilizes advanced language models to precisely extract existing data from documents, providing our partners and customers with a decisive added value.”

IDP software vendors can enhance accuracy by leveraging IDA’s advanced handwriting and machine-print capture, now available as a plug-and-play SDK. New features for image binarization and cropping enhance document readability and storage efficiency, while data redaction ensures sensitive information remains secure.

The release of IDA 5.2 underscores Planet AI’s commitment to research and development, empowering companies on their digitalization journey with superior data quality.

About Planet AI

Planet AI is at the forefront of cognitive software development, utilizing deep learning and artificial intelligence to unlock information trapped in unstructured documents. With its Intelligent Document Analysis software suite, Planet AI offers comprehensive solutions for data capture, extraction, and understanding. Since its inception in 1992, the company has been dedicated to advancing neural network technologies and remains a global leader in cognitive computing.

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SOURCE: Planet AI

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