Woz invests big in automated paper-digitisation
 

Robot's Staple diet creats more cash

The real brains behind Apple, Steve Wozniak has written a cheque for a huge chunk of the automated paper-digitization company named Ripcord.

Ripcord has built machines that can scan, index, and categorise paper records to make them searchable through companies' existing systems, via the cloud.

Basically Ripcord unboxes the files and passes them to its machines, which scan, upload, and convert the content into searchable PDFs. Ripcord says that the conversion and classification process is around 80 percent automated and covers handling, the removal of staples, and scanning.

It all makes sense as a business and it is surprising that no one has really tried it before. After all there are rather a lot of companies who have huge paper stores which could be valuable if they were able to be easily searched.
http://fudzilla.com/news/43213-woz-i...r-digitisation