Skip to Content Facebook Feature Image

ABBYY Introduces New OCR API Providing Developers Improved Accuracy in Intelligent Automation Workflows

News

ABBYY Introduces New OCR API Providing Developers Improved Accuracy in Intelligent Automation Workflows
News

News

ABBYY Introduces New OCR API Providing Developers Improved Accuracy in Intelligent Automation Workflows

2025-04-15 19:00 Last Updated At:19:20

AUSTIN, Texas--(BUSINESS WIRE)--Apr 15, 2025--

To solve the increasing pressure developers have to extract reliable and consistent data from business documents, ABBYY today introduced ABBYY Document AI™, available through a self-service application programming interface (API). The ABBYY Document AI API was built with the developer’s experience in mind, allowing users to effortlessly transform unstructured business documents into structured, highly accurate data with just a few lines of code, making it easier to try, integrate, learn and purchase industry leading optical character recognition (OCR) and intelligent document processing (IDP) solutions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250415478278/en/

“As a vanguard of OCR, ABBYY has long had a vibrant community of cutting-edge developers creating transformational solutions with our advanced document AI,” said Nick Hyatt, Vice President, Engineering R&D at ABBYY. “We are providing them a new API with minimal setup, access to ample community resources, and pre-trained models for building proofs-of-concept. ABBYY Document AI API is a major step forward for developing automated document workflows.”

According to IDC 1, the IDP market is projected to grow from $2.4 billion in 2023 to $10.5 billion in 2028 – a 34.9% CAGR driven by increasing cloud adoption, AI maturation and expanded document AI use cases.

Commented Amy Machado, Senior Research Manager, Enterprise Content and Knowledge Management Strategies at IDC, “In the age of AI, OCR is experiencing a true renaissance. Developers struggle with extracting reliable data from documents and will often begin with general large language models for this process. However, they quickly face challenges with hallucinations, data inconsistencies, and errors in document processing, and often lack support for multiple languages, handwriting recognition and complex document structures. There is a need for purpose-built solutions specifically designed for document processing that prioritizes easy integration, flexibility, scalability, accuracy, and consistency.”

The ABBYY Document AI API, initially offered in a technical preview, empowers developers to enhance workflows with pre-trained models to extract data from documents and accelerate automation for complex business processes like KYC, account openings, customs clearance, invoice processing, expense management and order processing. It provides precision OCR that flawlessly preserves a document’s logical structure to provide AI-ready data that is essential to unlocking deep insights in genAI and retrieval augmented generation (RAG) or forming the robust foundation needed to train powerful language models.

For more information about how ABBYY Document AI API enables quick, accurate and effortless data extraction to quickly convert business documents of any type, format or language, comprehensive SDKs for Python, C#, JavaScript and Java, and how to join ABBYY’s Discord community, join the preview list for early access at https://digital.abbyy.com/code-extract-automate-your-new-must-have-ocr-api-coming-soon/?itm_source=pressrelease.

1 IDC: Worldwide Intelligent Document Processing Software Forecast, 2024–2028 (IDC #US52445224, August 2024)

About ABBYY

ABBYY puts your information to work with purpose-built AI. We combine innovation and experience to transform data from business-critical documents into intelligent actionable outcomes in over 200 languages in real time. We are trusted by more than 10,000 companies globally, including many of the Fortune 500, to drive significant impact where it matters most: accelerate the customer experience, operational excellence, and competitive advantage. ABBYY is a global company with headquarters in Austin, Texas and offices in 13 countries, and is the Official Intelligent Automation Partner of Arsenal Women Football Club. For more information, visit www.abbyy.com/company and follow us on LinkedIn, X, Facebook, and Instagram.

ABBYY can either be a registered trademark or a trademark and can also be a logo, a company name (or part of it), or part of a product name of ABBYY group companies and may not be used without consent of its respective owners.

The ABBYY Document AI API provides precision OCR that flawlessly preserves a document’s logical structure to provide AI-ready data that is essential to unlocking deep insights in genAI and retrieval augmented generation (RAG) or forming the robust foundation needed to train powerful language models.

The ABBYY Document AI API provides precision OCR that flawlessly preserves a document’s logical structure to provide AI-ready data that is essential to unlocking deep insights in genAI and retrieval augmented generation (RAG) or forming the robust foundation needed to train powerful language models.

LAS VEGAS (AP) — It's not often that Leon Draisaitl and Connor McDavid don't make it onto the scoresheet, but they were noticeably quiet for nearly the entire game Thursday night.

Nearly.

Draisaitl took a pass from McDavid and scored off the rush at 15:20 of overtime to give the Edmonton Oilers a 5-4 victory over the Vegas Golden Knights on Thursday night and a 2-0 lead in the second-round series.

After failing to capitalize on a five-minute power play when Vegas defenseman Nicolas Roy was assessed a major penalty for cross-checking 5:37 into overtime, the Oilers didn’t waste the opportunity later when the NHL’s most dynamic offensive duo combined for the winner.

Draisaitl said McDavid's pass was so spectacular that “it's tough to even celebrate my part of the goal.”

He said that tongue in cheek, but the game's ending was no laughing matter to the Golden Knights, who were critical that a penalty wasn't called on Viktor Arvidsson after defenseman Brayden McNabb went into the boards and then to the locker room. The Golden Knights went from a potential power play to watching Draisaitl and McDavid skate off in victory.

“(Referee) Gord's (Dwyer) looking at it,” Vegas coach Bruce Cassidy said. “He's looking at it. I don't know what else to say. It's a can opener trip. It's a dangerous play.”

Vasily Podkolzin, Jake Walman, Darnell Nurse and Evander Kane also scored for the Oilers, and Arvidsson and Ryan Nugent-Hopkins each had two assists. Calvin Pickard, who appeared to be shaken up when Vegas’ Tomas Hertl fell on his left leg in the third period, made 28 saves.

Victor Olofsson scored two power-play goals and had an assist for the Golden Knights, Alex Pietrangelo had a goal and an assist, and William Karlsson also scored. Jack Eichel had three assists, and Mark Stone two assists to extend their points streaks to five games apiece. Adin Hill stopped 33 shots.

Game 3 is Saturday night in Edmonton.

Kane’s goal 1:52 into the third period made it 4-2 before Olofsson answered less than three minutes later off a cross-ice pass from Eichel. Pietrangelo, who missed Game 1 because of an illness, tied it with 8:02 left with a shot from the right point.

The Golden Knights scored the only goal in the first period on Olofsson's power-play shot from the right circle. Eichel set up the play by passing to Stone, who from below the goal found an open Olofsson for his first career playoff goal.

Edmonton rolled off three goals in a row in the second period — all from distance. The Golden Knights quickly responded with Karlsson's redirect of Eichel's shot with 1:50 left in the period cut it to to 3-2.

The Oilers, who trailed 1-0 after one period, have a record six consecutive comeback victories in a single postseason.

Vegas has never been swept in its eight-year history and even rallied from 2-0 down in 2021 to beat Colorado in six games, though that series began on the road. The Golden Knights also have been eliminated in five games just twice, including the 2018 Stanley Cup Final against Washington.

The Golden Knights’ 42-game playoff winning streak when scoring at least three goals ended. It was the second longest in NHL history to Montreal’s 52-game streak in 1945-57, according to Sportradar.

AP NHL: https://apnews.com/hub/nhl

Edmonton Oilers center Leon Draisaitl (29) celebrates with teammates after scoring against the Vegas Golden Knights during the third period of Game 1 of a second-round NHL hockey playoff series Tuesday, May 6, 2025, in Las Vegas. (AP Photo/John Locher)

Edmonton Oilers center Leon Draisaitl (29) celebrates with teammates after scoring against the Vegas Golden Knights during the third period of Game 1 of a second-round NHL hockey playoff series Tuesday, May 6, 2025, in Las Vegas. (AP Photo/John Locher)

Vegas Golden Knights right wing Mark Stone (61) falls over Edmonton Oilers center Connor McDavid (97) during overtime of Game 2 of a second-round NHL hockey playoff series Thursday, May 8, 2025, in Las Vegas. (AP Photo/John Locher)

Vegas Golden Knights right wing Mark Stone (61) falls over Edmonton Oilers center Connor McDavid (97) during overtime of Game 2 of a second-round NHL hockey playoff series Thursday, May 8, 2025, in Las Vegas. (AP Photo/John Locher)

Edmonton Oilers celebrate after defeating the Vegas Golden Knights in overtime of Game 2 of a second-round NHL hockey playoff series Thursday, May 8, 2025, in Las Vegas. (AP Photo/John Locher)

Edmonton Oilers celebrate after defeating the Vegas Golden Knights in overtime of Game 2 of a second-round NHL hockey playoff series Thursday, May 8, 2025, in Las Vegas. (AP Photo/John Locher)

Edmonton Oilers center Leon Draisaitl (29) scores against Vegas Golden Knights goaltender Adin Hill (33) during overtime of Game 2 of a second-round NHL hockey playoff series Thursday, May 8, 2025, in Las Vegas. (AP Photo/John Locher)

Edmonton Oilers center Leon Draisaitl (29) scores against Vegas Golden Knights goaltender Adin Hill (33) during overtime of Game 2 of a second-round NHL hockey playoff series Thursday, May 8, 2025, in Las Vegas. (AP Photo/John Locher)

Recommended Articles
Hot · Posts