INTELLIGENT DOCUMENT PROCESSING BUILD OR BUY: WHAT IS THE BEST SOLUTION TO PROCESS UNSTRUCTURED TEXT? INTELLIGENT DOCUMENT PROCESSING BUILD OR BUY: WHAT IS THE BEST SOLUTION TO PROCESS UNSTRUCTURED TEXT? A CORTICAL.IO EBOOKCortical.io 2 INTELLIGENT DOCUMENT PROCESSING BUILD OR BUY: WHAT IS THE BEST SOLUTION TO PROCESS UNSTRUCTURED TEXT? 5 KEY TAKE-AWAYS Building out in-house NLP capability is expensive. The costs of NLP development can be broken down into roughly four categories: personnel, infrastructure, time, and data. Qualified machine learning professionals are actually quite rare and highly sought after. For a bare-bones NLP team, businesses are already looking at yearly expenses in the range of hundreds of thousands of dollars. Many models can take days, weeks, or eve

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