Kofax, the worlds largest information capture vendor, has announced that it has delivered the 40,000th installation of its VirtualReScan (VRS) technology. Since its introduction in 1998, VRS has become the de facto industry standard for scanning productivity by improving the readability of scanned documents through automatically straightening, cropping and optimising their exposure in real time. Demonstrating the pervasiveness of VRS, every major manufacturer of production scanners now has VRS-certified scanners, including Bwe Bell + Howell, Canon, Epson, Fujitsu, Hewlett-Packard, Kodak, Panasonic, Ricoh, Visoneer and Xerox.
VRS enables high accuracy in data captured from scanned documents, significantly reducing the need for manual corrections of intelligent character recognition (ICR) and optical character recognition (OCR) results. As images pass through a scanner, VRS performs a multi-point inspection of each document. VRS instantly checks and adjusts for alignment (skew), brightness, contrast, and image clarity. Any inconsistencies are immediately corrected by VRS so that only the straightest, most readable images are processed.
With the 50,000th license of Ascent in February and now the 40,000th installation for VRS, this year has been truly historic for Kofax and marks two true milestones for success in the industry, Rick Murphy, president and CEO at Kofax. With 40,000 installations, VRS has truly become the preferred image enhancement technology for virtually all of the industrys scanner manufacturers.
Kofax VRS technology played a significant role in many recent successful enterprise-scale installations, including customers such as: Countrywide Financial Corporation (CFC), a diversified financial services provider and Fortune 500, Forbes 500 and S&P 500 member; New Mexicos Department of Energy, Minerals and Natural Resources, which regulates all oil, gas and geothermal activity in the state; Rent-A-Center, the largest rent-to-own operator in the nation with $2 billion in annual revenues; and Turner Industries, an $800-million industrial contractor for the petrochemical industry.
VRS has garnered numerous industry awards, including Transform Magazines Best of AIIM award in 1999 and 2001, and its Product of the Year award in 2001.