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About 2.5 quintillion bytes of data are created every day according to Forbes magazine. And about 90 percent of that is unstructured data — video, audio, image, email, instant messaging, and other types.
This "dark data" creates a major headache for organizations. 80 percent of business processes today rely heavily on people to locate, organize, and input unstructured data before the process can even begin.
Steve gripped the steering wheel of his Nissan 300Z, the race track curving ahead. Engines all around grumbled impatiently as he waited for the checkered flag.
The 24-Hour Lemons Endurance Race brought together 180 teams, each spending no more than $500 on their souped-up relics, many reclaimed from weeded-over backyards. All were vying to survive the most laps and claim victory.
Artificial intelligence isn’t just for driving the cars of the future, trading stocks in nanoseconds, or pushing the bounds of scientific discovery. It’s also ready for the office.
But the office hasn’t realized that yet. About 80 to 90 percent of organizations still manually extract data from documents and emails.