THE BYOB CHALLENGE
Are you a code enthusiast, a self-confessed tech geek or passionate about exploring unsolved challenges?
Look no further! The BYOB (Bring Your Own Bot) 2018 challenge is just for you. Conceptualized by RRD, this is a one-of-a-kind automation hackathon that opens up opportunities for students and automation enthusiasts to come up with solutions to common business challenges using new and emerging technologies. A platform where participants can showcase their work on automation solutions using RPA, AI and Machine Learning.
CHALLENGE #1 : OCR DE-NOISING
OCR (Optical Character Recognition) technique is used to identify words in a picture/scanned document and convert it into machine-readable text, that can be processed further with the help of computer. Although the technology is mature and uses advanced techniques, it quite often produces an erroneous output. For example, alphabet ‘o’ could get converted to digit ‘0’ and vice versa. Therefore, in critical processes, the OCR output is always checked manually, slowing down the process.
Contestants taking this challenge are expected to build a solution that reviews information in both numeric and character format, and correct any possible OCR errors where necessary.
CHALLENGE #2: PROFIT AND LOSS STATEMENT PROCESSING(TRANSCRIPTION-STRUCTURED OUTPUT)
Any financial statement has important line items that describe, for example, the nature of earning, expenditure/assets etc. A financial document normally contains more than one line item and each item conveys a particular meaning/financial concept that can be expressed in multiple ways using varying verbiage. A certain amount of skill is needed to understand a financial document. Errors creep in due to wrong interpretation.
Contestants taking this challenge are expected to build a solution that extracts information form financial documents (information is available in both tabular and free flowing text format) and convert them to a pre-defined standard format provided.
CHALLENGE#3 : TRIAGING OF FINANCIAL STATEMENTS BASED ON DOCUMENT COMPLEXITY
Triage is the process of determining the priority of projects based on the complexity of the task. This helps prioritize tasks efficiently when resources are insufficient for all tasks to be processed immediately. There are many factors considered when triaging tasks in BPO industry, urgency of the client, effort taken to complete the task, availability of skillset, etc.
In this challenge, participants are expected to estimate the effort taken to complete the project by analyzing the complexity of Financial Statements.
-Entry must be from an individual or a 2-3-member team
-Only one entry per participant/team
-Participants must use the problems and sample data provided by the organizer.
-There are 3 problems available and each problem will be assigned with a different weightage
-Participants are expected to use R and Python to solve the given problem statement
-Only original submissions are to be made. Plagiarism will result in an immediate disqualification
-Participants must sign an NDA (Non-Disclosure Agreement) which will indemnify the organizers against plagiarism and provide the rights to RRD over the output as well as the implementation