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outsourcebigdata · 2 months

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How AI & Automation Can Change Data Abstraction Process Flow In 2024?

Data serves as the foundational building block of factual information crucial for various analytical purposes such as business decision-making, market analysis, understanding customer sentiment, and monitoring competitors. In today's corporate landscape, maintaining a keen eye on the myriad factors influencing the market is indispensable for initiating significant changes and fostering development. As businesses increasingly integrate technology into their core processes, the volume of data being generated and stored for future analysis continues to burgeon, often leading to an accumulation of irrelevant details within databases. Despite substantial investments in data collection, storage, and management, only a few enterprises excel at translating raw data into actionable insights.

This challenge is particularly pronounced when dealing with unstructured data, which still constitutes a substantial portion, approximately 80 to 90 percent, of all business data. According to a recent analysis by Veritas, a staggering 52% of data stored and processed by organizations worldwide is classified as "dark," lacking any discernible value. Additionally, up to 33% of data is identified as redundant, outdated, or trivial, rendering it essentially worthless. In contrast, only a mere 15% of stored data holds significant business relevance on average.

To address this issue, data abstraction emerges as a crucial process. Data abstraction involves the selective removal of unnecessary or less pertinent data from databases, thereby presenting a simplified representation of the overall dataset. Database systems comprise intricate data structures, and abstraction serves to conceal extraneous information from users, enhancing data retrieval efficiency and user-friendliness. This approach streamlines database design and allows for customization based on end-user requirements. For instance, while hiring, an HR manager may not need access to a candidate's medical records but does require information on their previous work experience. Data abstraction facilitates such targeted retrieval of relevant information.

At an enterprise level, ensuring clean and organized data is paramount for informed, data-driven decision-making. Data abstraction aids in eliminating redundant features and reducing file sizes, thereby enhancing efficiency. The growing demand for structured data has spurred the emergence of various services, including data mining, data cleansing, data conversion, and data abstraction, aimed at rendering data more accessible and user-friendly. Leveraging AI technology, service providers deliver data abstraction services, revolutionizing traditional processes.

Data abstraction operates across three distinct levels:

Physical or Internal Level: This is the lowest abstraction level, revealing the actual storage location of data within the database. Database administrators determine data placement, fragmentation strategies, and storage mechanisms at this level.

Logical or Conceptual Level: The logical level represents an intermediate stage, describing the data stored in the database and the relationships between different data entities. It fulfills organizational data requirements and offers a comprehensive depiction of data, often utilized by top-level executives.

View or External Level: This represents the highest abstraction level, dictating how data is presented to end-users through the user interface. Multiple views may exist, each offering a distinct perspective on the dataset and enhancing user engagement.

For example, consider storing customer data in a database. At the physical level, data is stored as memory blocks, hidden from programmers. At the logical level, data is structured into fields and attributes, facilitating logical implementation of relationships. Finally, at the view level, users interact with the system through a graphical interface, unaware of underlying data storage mechanisms.

While traditional data abstraction ensures clean data for enterprise needs, its efficiency is limited. AI-augmented data abstraction, however, represents a significant advancement. AI algorithms streamline processes, reduce human intervention, and automate data abstraction, enhancing efficiency and reliability. AI's ability to reason and execute actions aligns with human intelligence, transforming data abstraction processes and driving business innovation.

Incorporating AI into the data abstraction process revolutionizes workflow:

Identification of Necessary Data Entities: AI enhances accuracy and efficiency in identifying relevant data entities, minimizing time and errors.

Identification of Key Properties of Entities: AI eliminates human intervention, accurately identifying and categorizing data entity properties.

Establishment of Entity Relations: AI simplifies the process of identifying and establishing relationships among data entities, ensuring accuracy and scalability.

Mapping Properties to Entities: AI accelerates property mapping, reducing time and effort required for data transformation and integration.

Removal or Prevention of Duplicate Data: AI algorithms effectively detect and remove duplicate data entities, preserving data integrity and enhancing decision-making.

Validation of Outcome: AI-driven validation ensures data accuracy and quality, vital for informed decision-making and business success.

In conclusion, data abstraction, coupled with AI augmentation, offers a powerful solution to the challenges posed by burgeoning data volumes. By simplifying database management and enhancing data quality, AI-driven data abstraction enables businesses to leverage data as a strategic asset, driving innovation and competitiveness in the digital era. For AI-driven data abstraction services, trusted providers like Outsource BigData offer comprehensive solutions tailored to meet diverse business needs. Visit their official website to learn more about their services and unleash the power of AI in data abstraction.

#data management services #dataabstractionservices

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edatamine · 8 years

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Data Abstraction services – Outsource your data abstraction services to edatamine.com one of best data abstraction and data processing services provider in India.

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outsourcebigdata · 7 months

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Data Abstraction Services to Unlock Meaningful Insights

Unlock valuable time and resources with Outsource BigData's data abstraction services. Extracting vital information from diverse documents,product manuals, corporate reports, customer data, and more.our expert team drives business growth for real results.

Explore further at:https://outsourcebigdata.com/data-automation/data-processing-services/data-abstraction-services/

About AIMLEAP

Outsource Bigdata is a division of Aimleap. AIMLEAP is an ISO 9001:2015 and ISO/IEC 27001:2013 certified global technology consulting and service provider offering AI-augmented Data Solutions, Data Engineering, Automation, IT Services, and Digital Marketing Services. AIMLEAP has been recognized as a ‘Great Place to Work®’.

With a special focus on AI and automation, we built quite a few AI & ML solutions, AI-driven web scraping solutions, AI-data Labeling, AI-Data-Hub, and Self-serving BI solutions. We started in 2012 and successfully delivered IT & digital transformation projects, automation-driven data solutions, on-demand data, and digital marketing for more than 750 fast-growing companies in the USA, Europe, New Zealand, Australia, Canada; and more. 

-An ISO 9001:2015 and ISO/IEC 27001:2013 certified  -Served 750+ customers  -11+ Years of industry experience  -98% client retention  -Great Place to Work® certified  -Global delivery centers in the USA, Canada, India & Australia 

Our Data Solutions

APISCRAPY: AI driven web scraping & workflow automation platform APISCRAPY is an AI driven web scraping and automation platform that converts any web data into ready-to-use data. The platform is capable to extract data from websites, process data, automate workflows, classify data and integrate ready to consume data into database or deliver data in any desired format. 

AI-Labeler: AI augmented annotation & labeling solution AI-Labeler is an AI augmented data annotation platform that combines the power of artificial intelligence with in-person involvement to label, annotate and classify data, and allowing faster development of robust and accurate models.

AI-Data-Hub: On-demand data for building AI products & services On-demand AI data hub for curated data, pre-annotated data, pre-classified data, and allowing enterprises to obtain easily and efficiently, and exploit high-quality data for training and developing AI models.

PRICESCRAPY: AI enabled real-time pricing solution An AI and automation driven price solution that provides real time price monitoring, pricing analytics, and dynamic pricing for companies across the world. 

APIKART: AI driven data API solution hub  APIKART is a data API hub that allows businesses and developers to access and integrate large volume of data from various sources through APIs. It is a data solution hub for accessing data through APIs, allowing companies to leverage data, and integrate APIs into their systems and applications. 

Locations: USA: 1-30235 14656  Canada: +1 4378 370 063  India: +91 810 527 1615  Australia: +61 402 576 615 Email: [email protected]

#dataabstractionservices #data extraction services

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outsourcebigdata · 9 months

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Top-Rated Data abstraction services from OutsourceBigdata

By leveraging Outsource Bigdata's expertise, you can significantly enhance efficiency and optimize resource allocation through our data abstraction services. As a dedicated team, we are adept at extracting valuable information from a wide range of document types, including product documents, corporate reports, customer details, and production reports. With the added advantage of saving time and energy, our services enable you to focus on core business activities while achieving remarkable results.

For more information visit: https://outsourcebigdata.com/data-automation/data-processing-services/data-abstraction-services/

About AIMLEAP

Our Data Solutions

APISCRAPY: AI driven web scraping & workflow automation platform

APYSCRAPY is an AI driven web scraping and automation platform that converts any web data into ready-to-use data. The platform is capable to extract data from websites, process data, automate workflows, classify data and integrate ready to consume data into database or deliver data in any desired format. 

AI-Labeler: AI augmented annotation & labeling solution

AI-Labeler is an AI augmented data annotation platform that combines the power of artificial intelligence with in-person involvement to label, annotate and classify data, and allowing faster development of robust and accurate models.

AI-Data-Hub: On-demand data for building AI products & services

On-demand AI data hub for curated data, pre-annotated data, pre-classified data, and allowing enterprises to obtain easily and efficiently, and exploit high-quality data for training and developing AI models.

PRICESCRAPY: AI enabled real-time pricing solution

An AI and automation driven price solution that provides real time price monitoring, pricing analytics, and dynamic pricing for companies across the world. 

APIKART: AI driven data API solution hub 

APIKART is a data API hub that allows businesses and developers to access and integrate large volume of data from various sources through APIs. It is a data solution hub for accessing data through APIs, allowing companies to leverage data, and integrate APIs into their systems and applications. 

Locations: USA: 1-30235 14656  Canada: +1 4378 370 063  India: +91 810 527 1615  Australia: +61 402 576 615 Email: [email protected]

#dataabstractionservices #data processing services #web research services

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