This post was written with Avdhesh Paliwal of Oldcastle APG. Oldcastle APG, one of the largest global networks of manufacturers in the architectural products industry, was grappling with an inefficient and labor-intensive process for handling proof of delivery (POD) documents, known as ship tickets. The company was processing 100,000–300,000 shipContinue Reading
Every day, organizations process millions of documents, including invoices, contracts, insurance claims, medical records, and financial statements. Despite the critical role these documents play, an estimated 80–90% of the data they contain is unstructured and largely untapped, hiding valuable insights that could transform business outcomes. Despite advances in technology, manyContinue Reading
Intelligent document processing (IDP) is a technology to automate the extraction, analysis, and interpretation of critical information from a wide range of documents. By using advanced machine learning (ML) and natural language processing algorithms, IDP solutions can efficiently extract and process structured data from unstructured text, streamlining document-centric workflows. WhenContinue Reading
Extracting information from unstructured documents at scale is a recurring business task. Common use cases include creating product feature tables from descriptions, extracting metadata from documents, and analyzing legal contracts, customer reviews, news articles, and more. A classic approach to extracting information from text is named entity recognition (NER). NERContinue Reading
Amazon operations span the globe, touching the lives of millions of customers, employees, and vendors every day. From the vast logistics network to the cutting-edge technology infrastructure, this scale is a testament to the company’s ability to innovate and serve its customers. With this scale comes a responsibility to manageContinue Reading
This post is co-written with Tom Koerick from SkillShow. The youth sports market was valued at $37.5 billion globally in 2022 and is projected to grow by 9.2% each year through 2030. Approximately 60 million young athletes participate in this market worldwide. SkillShow, a leader in youth sports video production,Continue Reading
A team of researchers has developed a technique that makes high-dimensional quantum information encoded in light more practical and reliable. This advancement, published in Physical Review Letters, could pave the way for more secure data transmission and next-generation quantum technologies. Quantum information can be stored in the precise timing ofContinue Reading
Standard operating procedures (SOPs) are essential documents in the context of regulations and compliance. SOPs outline specific steps for various processes, making sure practices are consistent, efficient, and compliant with regulatory standards. SOP documents typically include key sections such as the title, scope, purpose, responsibilities, procedures, documentation, citations (references), andContinue Reading
In the mortgage servicing industry, efficient document processing can mean the difference between business growth and missed opportunities. This post explores how Onity Group, a financial services company specializing in mortgage servicing and origination, used Amazon Bedrock and other AWS services to transform their document processing capabilities. Onity Group, foundedContinue Reading
Mortgage processing is a complex, document-heavy workflow that demands accuracy, efficiency, and compliance. Traditional mortgage operations rely on manual review, rule-based automation, and disparate systems, often leading to delays, errors, and a poor customer experience. Recent industry surveys indicate that only about half of borrowers express satisfaction with the mortgageContinue Reading
