Amazon Textract vs Nanonets

March 10, 2025 | Author: Adam Levine
7
Amazon Textract
Amazon Textract is a machine learning (ML) service that automatically extracts text, handwriting, and data from scanned documents.
6
Nanonets
Nanonets allows to uncover valuable insights from any document and automate repetitive tasks, with AI-powered workflows.
Amazon Textract and Nanonets, much like two eccentric cousins at a family reunion, share a surprising number of similarities. Both can extract text from documents, in a manner that seems almost miraculous to the uninitiated. They’ll tackle invoices, contracts and forms, happily converting them into something that looks vaguely human-readable, though perhaps a little too efficient for comfort. They're equipped with APIs that will let you integrate them into your grand plans and the best part? They both work on the cloud, so you can access them from the comfort of your spaceship—or, at least, your office chair.

Now, Amazon Textract—ah, Textract, that grand creation from the vast labyrinth of AWS. It arrived in 2019, heralding its debut like a trumpet-blast from the heavens or perhaps more accurately, a corporate presentation. Designed with large enterprises in mind, it's perfect for those who have more data than they know what to do with and need to squeeze it into neat little boxes. You get tables, forms and text neatly packaged in whatever format your heart desires and it plays exceptionally well with other AWS services—Lambda, S3, you name it. It’s a giant in the cloud, looking down at the little people and saying, "Let me handle this for you."

Then there's Nanonets, the scrappy underdog, hailing from India, a few years earlier in 2017. It's a bit more hands-on, offering you the chance to train your very own custom models for object detection and OCR, which feels a bit like baking your own bread—except the bread is a machine learning model and the oven is somewhere in the cloud. While Amazon's Textract might appeal to the grand enterprises, Nanonets gives startups and small businesses a more affordable and flexible option. It’s like the difference between hiring an expensive spaceship to go to the moon and deciding to walk there with a good pair of shoes and a map.

See also: Top 10 OCR Software
Author: Adam Levine
Adam is an expert in project management, collaboration and productivity technologies, team management, and motivation. With an extensive background working at prestigious companies such as Microsoft and Accenture, Adam's in-depth knowledge and experience in the field make him a sought-after professional. Currently, he has ventured into entrepreneurship, owning a thriving consulting and training agency where he imparts invaluable insights and practical strategies to individuals and organizations, empowering them to achieve their goals and maximize their potential. You can contact Adam via email adam@liventerprise.com