Written by Priya GeorgeContent Writer
Document analysis is one of the critical areas of digital transformation. In the wake of 2020, companies have been spurred to digitize content. While a high volume of digital documents is available, companies find it challenging to leverage this documentation due to its unstructured nature. Thus, valuable insights from documents can go undetected. However, intelligent document analysis has become possible with machine learning (ML), and natural language processing (NLP) advances. Companies can now leverage technology for data classification, data extraction, summarization, sentiment analysis, etc. With a projected value of over $12 billion by 2027, document analytics will intensify in industries that handle large quantities of documentation like healthcare, insurance, and banking.
Automated data entry is an important aspect of document analysis, as it brings in the following benefits:
Higher Accuracy and Reduced Data Entry Errors
Reduced Paper Trail Maintenance Costs
Improved Employee Productivity and Satisfaction
Reduced Dependency on Data Entry Operators
Faster Turnaround Time
Google Cloud Platform is committed to organizing the world’s information and making it universally accessible. Considering their recent solutions, they have been recognized in the 2022 Forrester report as a “Document-Oriented Text Analytics Platform” leader. This blog aims to highlight solutions like AutoML Natural Language available on Google Cloud that reduce overall data entry work.
Google Cloud Platform announced the general availability of AutoML Natural Language in 2019. Google Cloud’s AutoML Natural Language is a crucial product for reducing data entry work with ML-based data processing capabilities. With AutoML Natural Language, enterprises can build and deploy custom machine learning models that can conduct document data entity extraction, data classification, and sentiment analysis with the help of natural language processing. AutoML Natural Language can process various textual content such as articles, PDFs, archived collections, etc.
Cloud Natural Language API also offers similar capabilities; however, with AutoML Natural Language, experts have the freedom to define their classification categories, entities, and sentiment score. This is useful for companies that wish to analyze industry-specific documents. When it comes to deploying custom AutoML Natural Language models for text classification or entity extraction, there are several essential steps to follow:
To train an AutoML Natural Language model successfully, you need to supply both the inputs and the answers you want to be predicted. This is the most crucial step in creating a model capable of natural language processing, as model accuracy depends on labeling entities and the quality of data uploaded. There are several steps to consider when preparing data for text analysis models:
Once the model is trained, you can directly access summary findings and click “see full evaluation” to view detailed findings. Ensuring zero error in the dataset fed to the model is key to debugging it. You can test the model performance on AutoML Natural Language by analyzing the output, score threshold, true vs. false positives & negatives matrix, precision and recall curves, and average precision.
As mentioned, 10% of the dataset is used to test the machine learning model. Another way to achieve this is by entering text examples within the “Predict” page and checking the labels selected for those examples. One must also test the model against cases that could adversely impact users. Furthermore, if you wish to use the AutoML Natural Language model with customized tests, the “Predict” page guides how to make calls to the model.
It is important to note that AutoML Natural Language machine learning models have a lifespan of 18 months. When running the model, you can conduct batch predictions too. AutoML Natural Language model output includes text classification, sentiment analysis in 20 languages, and entity analysis for over 100 languages. Pricing for natural language processing models depends on three activities: training, deploying, and predictions. Google Cloud offers free services for the first 1000 pages loaded, charges hourly rates for training ($3.30) and deployment ($0.05), and prediction is based on the number of text records analyzed.
Other Google Cloud products that help with natural language processing for automated text analysis include Document AI, which leverages OCR and natural language processing to parse the content of various types of documents, convert images to text, and classify text. With Document AI specialized processors, companies can process unstructured data and receive insights from various documents, including invoices, mortgage documents, contracts, and identification papers. In addition, APIs like Cloud Natural Language API and Healthcare Natural Language API enables automated document analysis with zero skills requirement- plug and play. Chatbots are an example of businesses using machine learning models to parse textual content to provide customer support and draw insights into problems customers face.
Concerning text-based document analytics, it is challenging for companies to determine which Google Cloud product is the right fit for their challenges. By getting in touch with experts like Royal Cyber’s Google Cloud team, we can consult on which product fits your use case and provide the support needed to implement this product within your IT infrastructure. In addition, we can provide managed services to ensure optimized costs and help build custom end-to-end machine learning models with AutoML Natural Language with the help of our Google Cloud-certified data and AI/ML experts. Our services enable your enteprise to handle vast quantities of business and consumer data to deliver actionable insights with the help of machine learning, big data and artificial intelligence.