It’s been said that data is the new oil, and just like the old oil, data requires an intensive refinement process before it can fuel your Artificial intelligence engine. Your team members currently spend between 70% and 80% of their time trying to find high-quality data and transform it into a workable format, and more than three-quarters of them find it to be the least enjoyable aspect of the job, according to CrowdFlower.
With Shaip managing end-to-end data creation and transformation, we can supply you with the most potent rocket fuel available while freeing your data scientists and AI engineers to do what they love: building the engine.
Overcoming Artificial intelligence (AI) Obstacles
Data is abundant, but that doesn’t mean it’s easy to source. Companies often pay a fortune to find or create data, only to eclipse that purchase price when they pay annotators to label it so that it’s useful for AI consumption.
Without carefully curated data, engineers risk building tools based on incorrect assumptions: Between 2018 and 2022, 85% of AI projects will have delivered erroneous outcomes, research from Gartner suggests. On the off chance a project can get off the ground, scaling small successes to build on millions and millions of data points can be a nightmare for project managers.
Shaip was founded to help AI teams address and overcome each of these challenges, with solutions ranging from curated data sets to acquisition and powerful annotation capabilities that deliver data with speed, scale, and the utmost quality in mind. Because many AI projects aim to disrupt highly regulated industries like finance and healthcare, we also have the ability to de-identify protected health information (PHI) or personally identifiable information (PII) at scale to ensure all data is properly anonymized before it ever reaches your data centers.
Securing Shaip’s Strengths
No matter your industry, our Domain Experts can help you source the data necessary to inform your AI project, and we’re one of the few providers to offer both data collection and data annotation services. Our subject matter experts will work to identify, segment, categorize, and label the information you need in order to engineer a successful AI initiative, and they’ll remain vigilant to ensure your artificial intelligence learns from its inevitable mistakes and iteratively improves.
Our robust Six Sigma black belt process and managed workforce ensure that our quality far surpasses what you can expect from budget data options like crowdsourcing. Depending on data from dubious sources might initially save money, but it’s a move that will incur devastating costs when that data sabotages your results. On the other hand, our comprehensive quality assurance protocols deliver data that meets the highest standards.
All of these advantages are designed to help you realize a substantial and multifaceted return on your investment. Shaip aims to save you money in the data sourcing and annotation process, but we can also increase your upside by helping you build the most accurate and capable AI project possible. When you need scale, we’ll be ready. Throughout our partnership, you’ll have a 360-degree view of the entire process.
Artificial intelligence as a technology has arrived, but companies of all sizes are learning that an exciting AI idea is far from a successful implementation. As this innovation expands and disrupts an increasing number of industries, the time is now to turn your own AI project into a groundbreaking success. For more information on how Shaip can help support your needs throughout this complex journey, please connect with us today.