15.10.2020 г.

Smart Engines became the first AI OCR developer to join the UN Global Compact

Smart Engines is the first European developer of Recognition Systems based on Artificial Intelligence to join the United Nations Global Compact Initiative (UNGC). The confirmation letter was published on the UNGC website.

The United Nations Global Compact Initiative is the major international movement aimed at engaging business structures in sustainable development activities and building a global responsible partnership between the public and government sectors. For over 20 years, more than fifteen thousand organizations from all over the globe have joined the Global Compact. By joining the UN Global Compact, the company confirms its commitment to 10 principles of UNGC on environment, human rights, labor, and anti-corruption.

“The endorsement of our entry into the Global Compact is both a declaration and confirmation that Smart Engines’ activities are being conducted in accordance with modern goals adopted in the international community. In our work, we are focused on environmental friendliness and minimizing the risks associated with the use of new technologies. We consider joining the UNGC as the beginning of a new path and public activity in the field of responsible software development at the international level, – says at Smart Engines. – Breakthrough computational standards, environmental responsibility and personal data security are what our GreenOCR® approach is based on. In the AI and OCR market, we are the pioneers and promoters of responsible technology development and responsible consumption ideas. We aim at creating the most efficient software and neural network solutions that reduce the energy consumption of edge devices and reduce carbon footprint. In our research, being AI OCR developer we also aim at minimizing the risk of personal data leaks and preventing confidentiality breaches”.

State-of-the-art AI OCR technology by Smart Engines allows optimizing business processes and creating a seamless user experience due to fast and accurate recognition of 1.350 identity documents types from 193 states, including ID cards, passports, driver licenses, visas, as well as bank cards, barcodes and business documents. The company operates in partnership with leading businesses and IT service providers in Europe, Asia and America.