Unpack the wonders of data science with digital data capture

Posted by Fiona John on May 23rd, 2019

Data, be it a small grain or in a voluminous amount is an integral part that defines the modern business domains. Excessive inbound information and its high velocity are baffling, and companies are seeking methods to utilize of these multi-directional data. But understanding the data, processing, extracting meaningful value from it, and communicating it in a beneficial way seems to be a bit trickier than what we imagine it to be.

In order to analyze the actual purpose and usability of the accumulated data, data science is introduced. This field of study examines the type of data a company receives, what it represents and how it can be transformed into valuable business knowledge. It uncovers useful intelligence and supports organizations in decision-making and devising IT strategies.

But digitization of these raw data comes with an obvious snag that is hard to ignore.

Where do the raw data come from? What is its core form and format? The majority of business data is still found in paper documents that are stored in scores of crammed locker space or in a digital mess that makes retrieving information from them a nightmare. These documents goes through a data extraction process where specific information as required for the data science project gets retrieved from the documents. Kaptiche obtains data from the available sources and extracts them avoiding unpleasant manual tasks.

For more, Visit: https://www.blog.kaptiche.com/unpack-wonders-data-science-digital-data-capture

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Fiona John

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Fiona John
Joined: May 13th, 2019
Articles Posted: 2

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