Leading OCR Specialist KADMOS Announces Strong FY2016 Results

Swiss IT manufacturer reaps rewards of gaining renowned customers and improving its technology by doubling both sales and profits

Online PR News – 15-December-2016 – Kreuzlingen/Switzerland – KADMOS GmbH, a leading provider of OCR and ICR technologies, is on the fast track to success. The company based in Kreuzlingen, Switzerland, improved sales figures in 2016 by over 100 percent and operating results by 137 percent as compared with the previous year. KADMOS also doubled its staff in 2016 and added well-known companies including NOVENTI Group, Konica and OpenText to its customer base. The key to success is Version 6.0 of the OCR/ICR Engine, which boasts improved performance and quality.

Owing to groundbreaking enhancements to the math that drives the Support Vector Machine, KADMOS technology delivers text recognition results that are up to ten times more accurate than competing products, while at the same time reducing the CPU load and boosting performance. KADMOS best OCR & ICR Version 6.0 delivers faster text recognition results that are up to four percent more accurate than before. The new release delivers reliable results even for images with interfering backgrounds and offers layout analysis and full-text recognition functions that support nearly all types of documents. A new feature is the mobile OCR & ICR recognition via smartphone. Moreover, text recognition is now available for additional languages such as Vietnamese, Thai, Hebrew and Cyrillic. Even international competitors have started to rely on KADMOS OCR & ICR by integrating the solution into their portfolio.

Projects embraced by the development team in 2016 included, besides the new version 6.0, the creation of modules that cater to specialized topics such as recipe, check and passport recognition and verification. This dedicated focus allowed the provider to become the leading contender of recipe recognition solutions as well as in other areas on the German market. For instance, KADMOS is presently being used in 75 percent of all recipe recognition applications operated in Germany. In the upcoming business year, the company intends to continue this strategy by focusing on language modules for handwriting and text recognition, among others. “Additional modules that directly integrate with mobile applications as well as tools that support industrial production processes are in our development pipeline,” says Managing Director Tobias Mohr. The company will present its solutions at CeBIT 2017 in Hall 3/Stand B19.

KADMOS, represented on the Web at http://www.best-ocr.com, is increasingly addressing solution providers active in the fields of ECM and extraction. These companies can enhance the capabilities of their software while also delivering added value to their customers and users by integrating the KADMOS SDK – one of the most powerful recognition engines in the world. The software further facilitates international deployment as it supports all languages based on Latin characters and other languages/alphabets such as Cyrillic, Thai, Arabic, Greek and many more.