Document
imaging or electronic imaging is a technology that enables users to
scan hard copy documents into computer system and store them
digitally. These technologies also enable the users to enter metadata
into the system and utilize storage technology for saving the digital
version of the document. Document imaging systems can be in several
forms such as microfilm, printers, copiers, facsimile machines,
document scanners, multifunction printers, archive writers and
computer output microfilm (COM). It can also be used in the form of
enterprise content management. Previously, the content management
technology term or document imaging was used in swap with document
image management as industries tried to separate themselves from
reprographic and micrographic technologies. Imaging remains a major
focal point for businesses as they modernize processes in search of
speed, growth, and agility. Moreover, improved efficiencies also
generate competitive advantage and better customer satisfaction.
Distributed
scanning is expected to gain market growth in the coming years as
it provides several benefits to the organizations such as it reduces
unit costs and the organization saves time as well as money for
transporting documents to a particular centralized location. Also,
the risks of losing or compromising documents are being reduced, and
the digitized information is made available to the users much faster.
The key factors that are driving the growth of document imaging
scanner market include the adoption of compliance initiatives and the
need for reduction in expenses which has led tohigh investment in
improving document processing. Document imaging solutions generate
substantial sales potential for the resellers, especially when it is
considered as a standalone solution. To be more effective, the
document imaging solutions are considered a part of larger
infrastructure strategy. This solution supports other client’s
operations such as document storing, security, as well as market
analytics.
The
increasing demand for network scanners has also been driving the
growth of document imaging scanner market. The data captured with the
help of document imaging solutions would become a major part of
business analytics. The scanned documents are used in big data
analytics, no matter if the content is being converted by optical
character recognition or is an image.
The
cloud is significantly becoming an important and flexible extension
to enterprises, for more data storage and accelerates workflows as a
part of image capture. The image capture would considerably be used
for storing as well as sharing business-critical documents and images
as a part of the workflow. Furthermore, the document imaging
solutions support common standards such as TWAIN and, HTML5, which
makes it easier for sharing captured images across the applications
and in between environments. The players in this market are focusing
on developing new products in order to strengthen their market
position. In February 2014, Newgen Software, Inc. launched the
OmniScan 3.0 which was the latest version of its scanning software
application. The new featured version consisted of connectors that
allowed the user to scan the documents directly to SAP or SharePoint.
OmniScan 3.0 also offered influential document quality analysis as
well as image correction abilities.
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