Digitization, Internet of things, connected humans, connected machines, and connected world are all generating large volumes of data at an unprecedented scale. IDC predicts that by 2025 there will be 175 zettabytes of data, growing continuously at an exponential rate. These trends would give an impression that data is available at an unbelievable scale at everyone’s disposal. That’s not exactly the case. Many artificial intelligence (AI) projects and innovations get stalled due to non-availability of data or because the data collection process is too cumbersome and time consuming. Believe it or not, but great ideas get nipped in the bud due to data scarcity!
DataGenie holds a lot of promise in highly regulated industries like financial services, medical, health care,clinical trials etc. Image augmentation and generation in combination with transfer learning, holds huge promise when getting real data from the field is a challenge.