How To Turn Your Data Into A Strategic Asset
This week we are talking about how A.I. can fix enterprise data, improve process efficiencies and enable businesses to use data as a strategic asset.
Every business is grappling with the bad data problem. Today, enterprise data is incomplete, inaccurate, and inadequate. Records are inconsistent and unstructured, and oftentimes non-conforming. As a result, data science teams spend over 80% of their time preparing and organizing this data rather than using it.
With A.I., organizations can not only manage enterprise data but transform it into a strategic asset as well. Here’s how:?
1) Build Rich & Enhanced Datasets
A.I. can help businesses extract, enrich, enhance, and organize their data. With any input unstructured data (text, images, video, or any other format), Blox.ai’s platform can extract detailed attribute tags and build a structured dataset from it. The data generated by A.I. takes in inputs from all available sources, is nuanced, and mapped to the hierarchy and data organization structures that the users define. Businesses can automate the creation of rich datasets that match their business goals and use cases with minimal effort.
With AI-powered product tagging, retail teams have seen 97% accuracy in their catalog data.
2) Define A Data Organization Structure Customized To Your Business
Given that businesses look to differentiate themselves while catering to the end user’s needs and might have different ways of using their data, every business wants a customized structure that they can leverage. The Blox.ai platform puts the control in the hands of business teams and enables them to build custom taxonomy or structures, and deploy the models built for inference - which can be applied to any new content or data inventory coming in and map data at scale.?
Business teams have witnessed up to an 80% decrease in the time taken to generate tags by scaling custom A.I. models.
3) Content Moderation Across Workflows
Most businesses today have fixed guidelines around how content, text, image, audio, or video, should appear on their platforms. As a result, they invest significant amounts of time, money, and resources to ensure that all content onboarded onto their platforms adheres to their internal guidelines. With A.I., businesses can moderate content at scale and ensure that the submitted content meets preset criteria, does not contain any inappropriate content, or violate existing copyright rules, etc. Thus, improving the accuracy of the content onboarded while considerably reducing the cost associated with manual moderation.?
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With AI-powered image moderation, businesses have seen a 70% reduction in the number of tickets raised by vendors about wrongly rejected images.
4) Enable Faster Onboarding of User-Generated Content
With A.I., businesses can automate onboarding workflows that involve the qualification of text and visual content to deliver faster and more effective user experiences. The Blox.ai platform harnesses a variety of AI-enabled APIs to detect specific attributes that can be used to qualify UGC and other forms of incoming media based on its quality and content in real-time. This includes checking for the presence of NSFW content, invalid/fraudulent images, blurred images, and other internal guidelines that need to be met for quality control, and providing immediate feedback for individual criterion. This guarantees a friction-free experience for the end-user.
With AI-powered content moderation, businesses have been able to double the speed at which they go to market.
5) Make Content Discovery More Effective
With AI-enriched metadata and standardized taxonomy across the board, businesses can deliver highly relevant navigation experiences across their website or app and improve content discovery for users. Similarly, even for internal teams, the structured data allows for easy retrieval and usage of data. Blox.ai uses computer vision and NLP to extract detailed attribute tags and build robust data catalogs, enabling platforms to surface the most suitable result through search and filtering.?
Businesses have seen a 51% uplift in accuracy for search and discovery with AI-generated data.
Learn how A.I. can convert your data into your biggest asset. Reach out to me via DM or at [email protected]
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