Planet AI has announced the release of IDA 5.2, its software suite for document processing. The latest version offers improvements for document capture, classification, and extracting data from unstructured documents, supporting organisations in integrating AI into their document processes.
At the core of IDA 5.2 is the LLM-based (Large Language Model) data extraction, which proves its efficiency in analysing unstructured data. “The LLM-based data extraction feature, now in beta with IDA 5.2, is a revolution in document processing,” said Jesper Kleinjohann, CEO of Planet AI. “We use advanced language models, which have become well-known to everyone since the introduction of ChatGPT. However, our technology is specialised in analytical tasks, thus precisely extracting existing data from documents. It identifies relevant information through a deep understanding of context – a capability that goes far beyond conventional approaches, providing our partners and customers with a decisive added value in document processing.”
Software vendors can significantly enhance the base accuracy for their technologies by using IDA‘s advanced handwriting and machine-print capture, which is now available as a plug-and-play SDK. New functions for image binarisation and cropping dramatically improve the readability and storage efficiency of documents, while the redaction of data fields ensures the protection and security of sensitive information.
