You can now use Amazon Textract, a machine learning (ML) service that quickly and easily extracts text and data from forms and tables in scanned documents, for workloads in the AWS Asia Pacific (Mumbai) and EU (Frankfurt) Regions.
Amazon Textract goes beyond simple optical character recognition (OCR) to identify the contents of fields in forms, information stored in tables, and the context in which the information is presented. The Amazon Textract API supports multiple image formats like scans, PDFs, and photos, and you can use it with other AWS ML services like Amazon Comprehend, Amazon Comprehend Medical, Amazon Augmented AI, and Amazon Translate to derive deeper meaning from the extracted text and data. You can also use this text and data to build smart searches on large archives of documents, or load it into a database for use by applications, such as accounting, auditing, and compliance software.
An in-country infrastructure is critical for customers with data residency requirements and regulations, such as those operating in government, insurance, healthcare, and financial services. With this launch, customers in the AWS Asia Pacific (Mumbai) and EU (Frankfurt) Regions can benefit from Amazon Textract while complying with data residency requirements and integrating with other services and applications available in these Regions.
Perfios is a leading product technology company enabling businesses to aggregate, curate, and analyze structured and unstructured data to help in decision-making. “We have been testing Amazon Textract since its early days and are very excited to see it launch in India to help us address data sovereignty requirements for the region, which now unblocks us to use it at scale,” says Ramgopal Cillanki, Vice President, Head of Engineering at Perfios Software. “We believe that the service will help to transform the banking, financial services, and insurance (BFSI) industry from operations-heavy, human-in-the-loop processes to machine learning-powered API automation with minimal manual operations. Textract will not only help us reduce lenders’ decision-making turnaround time but also create business impact for our end-users in the long run.”
About the Author
Raj Copparapu is a Product Manager focused on putting machine learning in the hands of every developer.