The story of the Document Understanding w/George Roth
There are three categories of companies:
Model-focused, who build solutions for a specific document type like passport and ID recognition.
Vertical-focused, who create IDP for a specific industry like Insurance, Finance, or Healthcare.
And finally, platform-focused, who build end-to-end experiences and solutions that can tie Document Processing to automation and beyond.
In the future, market consolidation is inevitable — George Roth, Intelligent Document Processing Expert
Today’s guest — George Roth
The Future of Work Area — Intelligent Document Processing, Computer Vision, and OCR
Listen to the full episode :
George is an entrepreneur, advisor, and technologist who built a start-up in 1999 that focuses on Intelligent Document Processing and data extraction. George was born in Romania, also the home of UiPath. Up until 2018, they were working on a system that extracts data from unstructured documents using AI and NLP.
People started to take notice, so in May 2018 UiPath acquired the technology.
He studied at the first specialized high school for computer programming until he moved to the US in 1991. George dedicated his many years to researching and developing Semantic Technologies, NLP, and AI applications in unstructured content processing. After working as a Software Architect for many years, In 1999, together with his Co-Founders, he started Recognos Inc. where he helped build the platform's AI engine. In April 2018, the platform was acquired by UiPath to create UiPath's Document Understanding capability. At UiPath, after leading the technology alliances program for many years, he is now taken a lead role as an Evangelist for UiPath. He has seen the technology partners of UiPath, who similarly also build intelligent document processing solutions and beyond. He is one of the founding members of the Romanian American Business Network, whose mission is to bring together people with an interest in the Romanian business environment. Also, he is the Honorary Consul of Romania in San Francisco and is on the board of a few NGOs and startups.
Some questions we discussed:
What’s your personal story in getting into the Document Processing field?
What was important back then and what changed now?
How is the current document processing industry structured in the world?
Where is the Document Processing headed for the next 5 years? Will be totally embedded.
