A system for and method for improved computer vision image processing and image segmentation and recognition is disclosed. The system and method utilizes a cost function approach for improved image segmentation and recognition. In particular, a global cost function is defined and then the global cost function is minimized. This global cost function takes into account two processing pipelines of data determined by the operation of two different processing technologies upon the target input image. Constraints are utilized to ensure data consistency across the model and between the data pipelines. The system and method are useful for processing low quality images containing alphanumeric data such as floorplan images.