Automated Identification and Data Capture Market: Improving Productivity and Streamlining Workflow

Have you ever sat in a restaurant and, instead of a menu card, scanned the QR code on your table? If that is the case, you have already been introduced to automated identification and data capture (AIDC). It has widespread use in manufacturing, wholesale, retail, transportation, and even healthcare sectors. AIDC has reduced dependence on human labor by minimizing the effort taken by human professionals to collect and enter relevant data into the computer systems manually. This collection and keeping a thorough recording of information has optimized the use of resources by streamlining workflow and enhancing productivity.

Interested to know more about AIDC? This blog covers all the details pertaining to AIDC, along with the various companies driving its growth. Stick with us!

AIDC: Quick Overview

AIDC can be defined as the immediate amassing of relevant information and transferring that data into a computer system for storage. By identifying the object, analyzing the data it can collect, and keeping a thorough record of the data. All this is done without the intervention of the human workforce, thereby mitigating any issues that arise due to the manual entering of relevant data, reducing human error.

AIDC help bridge the divide between physical information and digital data. By employing the use of the various forms of AIDC, such as barcode scanners or biometrics, industries such as logistics and healthcare, where a vast amount of information needs to be processed, are able to work efficiently, reducing redundant tasks and prioritizing the imperative ones.

How Advantageous is AIDC?

Unmatched efficiency

Automated data capture uses optical character recognition (OCR) algorithms and machine learning to search and collect relevant data from documents. OCR technology can skim through different handwriting styles. This eliminates the errors that can occur with manual data entry, such as misspellings. Numerous companies can depend on this information to carry out important decisions that have a direct impact on their business.

Monetary Benefits

Automating processes brings substantial?cost savings?to a business. Manual data entry requires a vast amount of human resources. Coupled with training and supervision, this leads to higher labor costs. Organizations can reduce or eliminate the need for dedicated data entry personnel by adopting automated solutions. Additionally, the risk of errors and damage costs is minimized. Automation eradicates paper-based recordkeeping while saving space on the storage of important documents.

Who Offers AIDC Solutions?

Many companies are now looking to invest in the AIDC market. This helps in its imminent expansion as many companies are entering the market. Some of the top market participants are:

Cognex

Cognex is an American provider ??????????????? of software and components for automated manufacturing. It was started in 1981 and has headquarters in Massachusetts, USA. The company first delved into machine vision but has since then expanded into various industries with one of them being AIDC.

Datalogic

Datalogic is a global technology company that has revolutionized automatic information and data capture by designing and specializing in products such as barcode readers, computers, sensors for accurate detection, measurement and safety instruments, machine vision, and laser marking systems. Datalogic which was founded in 1972. The products from this technological company are used in airports, hospitals, factories, and even government agencies.

NEC Corporation

NEC Corporation is a Japanese technological company that has its headquarters in Tokyo, Japan. This company has expanded into artificial intelligence, the Internet of Things, and even telecommunications. At a point in time, it was the world’s largest semiconductor manufacturer. However, in the early 2010s, it also delved into the AIDC market, emerging as a worthy competitor to other players who have long been part of this market.

Wrapping Up

In recent times, automated information and data capture has become the need of the hour. It is a ubiquitous solution as it can be found in factories for inventory management to grocery stores and shopping malls where a barcode is scanned on items during checkout. This saves time as well as resources as manual entry of vast amounts of data is not possible and is inconceivable in today’s day and age. A vast number of industries, ranging from logistics to healthcare, are increasingly adopting products belonging to this market in order to increase efficiency and streamline workflow, thereby reducing unnecessary burdens on the human workforce. Advancements in AIDC are only going to make our lives easier.