Mobile Capture and OCR

I have been to a few conferences lately, and it seems the focus on mobile OCR solutions is waning.  I am not sure why, but I have some theories.  Below are some of my thoughts:

• The Cloud - First off, OCR in the cloud can be expensive.  With the transfer of documents back and forth, you are paying for bandwidth, storage and processor cycles.  
• Security - You can say what you like, but there are still serious security concerns with all things cloud.  Just look at the recent iCloud breach.  Put something up in the cloud, and who know who will access your data.
• Lack of Consumer Awareness - you general, run of the mill consumer really has no concept of what OCR can do for them.  It would take massive marketing efforts to eucate the consumer populous.
• Businesses Still Like On Premise - let's face it, there are numerous on premise OCR solutions that can do the conversions quickly and without much expense.

With all of that said, there are some interesting new companies focused on online capture and OCR solutions.   Optical Character Recognition (OCR) Apps are now driving some great business processes.

3 Most Important Features in OCR Software

Optical Character Recognition (OCR) Important Features

So what are the 3 most important features in OCR Software?  See the list below:

1. Speed - You need to get a character per second, or a pages per minute rating on the software to make sure it can handle your job size.
2. Accuracy - OCR Software does you no good if the output is horrible.  Most engines today are in the 95% accuracy rate if they are given decent documents.
3. PDF Output - PDF is the standard, and a searchable PDF provides great flexibility.