Try : Insurtech, Application Development

AgriTech(1)

Augmented Reality(20)

Clean Tech(8)

Customer Journey(17)

Design(43)

Solar Industry(8)

User Experience(66)

Edtech(10)

Events(34)

HR Tech(3)

Interviews(10)

Life@mantra(11)

Logistics(5)

Strategy(18)

Testing(9)

Android(48)

Backend(32)

Dev Ops(10)

Enterprise Solution(28)

Technology Modernization(7)

Frontend(29)

iOS(43)

Javascript(15)

AI in Insurance(38)

Insurtech(66)

Product Innovation(57)

Solutions(22)

E-health(12)

HealthTech(24)

mHealth(5)

Telehealth Care(4)

Telemedicine(5)

Artificial Intelligence(143)

Bitcoin(8)

Blockchain(19)

Cognitive Computing(7)

Computer Vision(8)

Data Science(19)

FinTech(51)

Banking(7)

Intelligent Automation(27)

Machine Learning(47)

Natural Language Processing(14)

expand Menu Filters

Pushing the Envelope on ICR Accuracy in Hand-written Forms

5 minutes, 6 seconds read

The need for and consequently the number of solutions for reading hand-written forms in an automated manner has been on a rise for as long as one could remember. Almost all businesses to varying degrees utilize paper-based forms that are filled by customers by hand. Most if not all of these businesses convert this handwritten information into the digital format. Depending on the technological sophistication or the size of the business this digitization might be done manually by one or more data entry specialists or through an automated solution. 

It’s easy to see how the manual route may not be an ideal solution for medium or large-sized business. Some of the apparent drawbacks of manual document processing are:

  1. The cost of having data entry specialists quickly add up as more documents need to be digitized necessitating adding more resources.
  2. Manual data entry is a slow process.
  3. Manual data entry is error-prone and requires a quality inspection which is costly and not fail-proof.

Many businesses have realized this and have transitioned to some form of a partially or fully automated solution to this problem. However, it’s not all rosy for these businesses either. The problems these businesses face is primarily related to the accuracy of the current solutions in the market. 

Shortcomings of Existing Hand-written Document Processing Solutions

The industry average for ICR (Intelligent Character Recognition) accuracy at the character level is about 70% and it will drop significantly if measured at word level which is what matters at the end. Such automation may allow for reducing the number of data entry personnel but with such a low level of accuracy, there will be a need for increased quality check resources, which are often more expensive than data entry resources hence diluting the cost-benefit of automation. Moreover, since the quality check is a slower process than data entry, this kind of automation doesn’t even address the speed problem.

Some of the reasons that result in a low level of accuracy among existing document processing solutions are:

  • Poor form design
  • User input not in line with the format
  • Noisy images
  • Misaligned documents
  • Low-quality scanning of documents
  • Spelling mistakes by the user
  • Overwriting/corrections by user

While we may not have control over some of the above factors such as form design and user input, we can definitely improvise the data extraction models to account for the other factors such as image noise, misalignments, spelling mistakes etc.

Our ICR Solution

The Document Parser solution in FlowMagic provides an intuitive user interface where data can be extracted from any standard form in three easy steps:

Step 1:   The user annotates the form (this is a one-time exercise for each new form) using an easy and intuitive UI. During annotation, each input field can optionally be labelled as mandatory. The user can specify the datatype for each field as alphabets, numeric or checkbox and also set the context for the field e.g. Name, PAN, City, Car Make, Date etc. Once done, the saved template can be used repeatedly for reading forms of the same type as long as there are no changes in the form design. In case of a change, the saved template can be easily modified. 

Step 2:   The user uploads one or more forms and chooses the corresponding template (from previous annotations). The system automatically extracts data from the forms.

Step 3:  The system exports the output in CSV, XML or JSON as desired by the user. If any field was marked as mandatory during annotation, the system also outputs a list of all mandatory fields that are blank.

Salient features of ICR Document Parser

  1. The standard form being annotated can be any number of pages. The input form need not have the same number of pages. If there is a mismatch between the pages in the input form and the template, the system does a matching and runs the data extraction on matching pages only. This also means that the input form need not be sorted correctly.
  2. The system can read handwritten as well as printed forms.
  3. The system corrects for minor misalignments during scanning of documents or documents scanned in the wrong orientation.
  4. The system has inbuilt dictionaries for various contexts such as Name, Cities, States, Countries, PAN, Profession, Marital Status, Relationship, Amount, Car Make, Date, Gender.
  5. The various data types supported by the system are alphabets, numeric, alphanumeric, checkboxes and special characters.
  6. The system corrects user errors or scanning issues by performing data type and dictionary checks (see examples below).
  7. The system checks for mandatory fields to make sure the form is completely filled.

Examples of Data Read/Corrections Made by an ICR

Benefits of ICR

Flexibility – you can annotate a wide variety of forms with complex inputs and data formats using the multiple data types and contexts built into the system.

Speed – Both annotation and data extraction are very user-friendly and fast. The system can extract data from a five-page form in under 30 seconds.

Scalability – The system is highly extensible and once set up for one type of form can easily be scaled for multiple forms or to process documents in bulk of the same format.

Accuracy – The character level accuracy of our model is over 90%. Word level accuracy depends on the form design and quality but in general, varies between 75% and 85%.

Workflow

ICR (Intelligent Character Recognizer) workflow

No matter what solution you use, you can always benefit from these best practices for form design to improve the accuracy of your ICR:

  1. Have all instructions in bold at the top of the form.
  2. Instruct the user to write clearly in block letters as the form will be processed by a machine.
  3. Provide examples of how to enter data wherever there is a scope for confusion.
  4. Instead of providing a free form space for data entry, it provides a clearly marked space with a specific location to enter each character.
  5. The overall space should be large enough to contain the requisite data to avoid user writing outside of this space.
  6. Have enough separation between the space for two fields to avoid overlap.

To learn more about how FlowMagic can improve the accuracy and speed of your document digitization/Intelligent Character Recognition (ICR) or discuss your broader AI goals, please get in touch with us at hello@mantralabsglobal.com

Cancel

Knowledge thats worth delivered in your inbox

What If the Sun Took a Day Off?

By :

Ever wondered what life would be like if the Sun took a day off? Picture waking up to an Earth shrouded in darkness, where temperatures drop dramatically within hours, plunging the planet into an icy chill. Plants, deprived of sunlight, would halt photosynthesis, leading to a food production crisis. Our reliance on renewable energy would face a sudden halt, causing widespread blackouts and chaos in cities across the globe.

A day without the Sun would throw our world into chaos! Luckily, that’s never going to happen (at least in our lifetime!). But this thought experiment underscores the Sun’s critical role in our lives and highlights why harnessing solar energy is so vital. While we’re increasingly turning to solar power, we are still missing out on capturing a massive amount of solar energy that falls on Earth every single day.

How Much Solar Energy Are We Missing Out On?

Every day, the Earth receives about 173,000 terawatts of solar energy from the Sun—more than 10,000 times the world’s total daily energy consumption. Despite this abundance, we only capture a tiny fraction of this energy. In 2023, solar energy accounted for just 4.5% of global electricity generation—a huge opportunity waiting to be tapped.

If we could capture just a small percentage of the Sun’s energy, we could power the entire world many times over. The total solar energy that hits the Earth in just one hour could meet the world’s energy needs for a full year. Yet, due to limitations in solar panel deployment, technology efficiency, and energy storage, the vast majority of solar energy goes unused each day.

As we improve solar technology and infrastructure, capturing more of this energy becomes not just a possibility but a necessity for a sustainable future. Let’s dive into how cutting-edge technology is making solar energy more accessible and efficient, helping to turn this untapped potential into real, usable power.

How Tech Makes Solar Adoption Easier

Customer-centric technology is revolutionizing the way we adopt solar energy. Imagine an app that allows you to simply point your smartphone at your house to estimate how many solar panels you need, their ideal placement, and the energy they can generate.

Here are the key benefits of this innovative approach:

  • Precision: By capturing images of your property through satellite, the app calculates the optimal placement of solar panels for maximum energy production. Studies have shown that precise placement can increase efficiency by up to 20%.
  • Customer Engagement: Users receive real-time insights into their energy production, helping them understand their solar power system better, whether they’re using Tesla solar panels, solar power generators, or even solar attic fans to optimize home energy usage
  • Seamless Experience: With user-friendly interfaces, consumers can easily monitor their solar systems remotely and receive updates on their energy output. This accessibility is crucial for encouraging the wider adoption of solar technologies.

The Tech-Driven Shift Toward Sustainability

As solar technology evolves, so do the solar panels themselves. Innovations like Tesla solar roof systems, flexible solar plates, and bifacial panels are redefining what’s possible in renewable energy. Even smaller systems—such as portable solar generators and solar air conditioners—empower homeowners to harness solar power efficiently.

Photovoltaic (PV)  panels, the cornerstone of solar energy, have seen incredible advancements, now boasting efficiencies of up to 22%. This means fewer panels are needed to produce more energy, making solar energy more effective for a wide range of applications, from solar shingles to off-grid systems.

Moreover, the push towards cradle-to-cradle sustainability is reshaping the industry. New solar panels are being designed with recyclability in mind, reducing their environmental footprint. Innovations in recycling technology now recover up to 95% of materials from end-of-life panels, ensuring that even the oldest solar systems contribute to a greener future.

While solar technology continues to advance, solar panels themselves are becoming more efficient and environmentally sustainable. Innovations such as systems, flexible solar plates, and bifacial solar panels are pushing the boundaries of what’s possible in renewable energy. Even smaller systems like portable solar generators and solar air conditioners are empowering homeowners to tap into the power of the Sun efficiently and sustainably.  Photovoltaic (PV) panels, the cornerstone of solar energy – now boast efficiencies of up to 22%​. This means a smaller array of solar panels for home or commercial use can generate more electricity. This makes solar energy systems more appealing and effective for various applications, from solar roof shingles to off-grid solar systems.

Moreover, the move toward cradle-to-cradle sustainability—where solar panels are built from materials that can be easily recycled—has gained traction. This reduces the environmental footprint even further. Innovations in recycling can recover up to 95% of materials from end-of-life panels, According to PV Cycle​, with room for improvement in recycling.

Making Solar Affordable and Accessible

Historically, one of the biggest barriers to solar adoption has been the cost. But things are changing fast. Innovations in financing models, such as Power Purchase Agreements (PPAs) and solar loans, have significantly reduced the financial burden of installing solar systems. According to the Solar Energy Industries Association (SEIA), the average cost of solar installation has dropped by over 70% in the last decade.

Couple that with federal and state incentives like the Investment Tax Credit (ITC), which provides a 30% tax credit on solar installations, and solar energy is more affordable than ever. Net metering programs, which allow homeowners to sell excess energy back to the grid, further enhance savings, making solar not only accessible but also financially rewarding.

Conclusion

The future of solar energy goes far beyond rooftop panels—it’s about making the entire solar experience intuitive, accessible, and sustainable. With smart apps and tech-driven tools, consumers can now manage their solar energy systems with just a few taps on their phones, making the shift to green energy simpler and more engaging.

At Mantra Labs, we’re at the forefront of this solar revolution. We’ve helped some of the world’s largest solar providers develop cutting-edge, customer-friendly solutions. Our mobile apps allow users to estimate solar panel needs, monitor system performance, and even track their environmental impact—all from the convenience of their smartphone.

Together, with innovative tech and a commitment to sustainability, we’re building a future where solar energy isn’t just an option—it’s the smarter, more accessible, and greener solution for everyone.

Cancel

Knowledge thats worth delivered in your inbox

Loading More Posts ...
Go Top
ml floating chatbot