Final answer:
The technology that reads typed text and helps document management systems index and identify document contents for quick processing is known as optical character recognition (OCR).
Step-by-step explanation:
The process that reads typed text and helps document management systems index, tag, and decipher document identifiers quickly is known as optical character recognition (OCR). This technology is used to convert different types of documents, such as scanned paper documents, PDF files, or images captured by a digital camera into editable and searchable data. For example, when you scan a handwritten note, and the program converts it into a digital text document, that's optical character recognition at work.
OCR is widely utilized in various fields for streamlining the process of digitizing printed texts, thus enabling texts to be electronically edited, searched, and stored more compactly, and used in machine processes such as cognitive computing, machine translation, (extracted) text-to-speech, key data and text mining. OCR is a field of research in pattern recognition, artificial intelligence, and computer vision.