Extraction is a way to extract the data and data structures from unstructured and semi-structured electronic documents, such as those found on the web and in various data warehouses.
Data extraction is very useful for large organizations associated with a sufficient amount of data every day, which should be transformed into significant information and stored for later use. Several companies make use of automated screen scraping tools to collect information from the web.
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Your company may have tons of data but it is difficult to control and transform the data into useful information. Without the right information at the right time and based on half of the information, decision-makers at companies waste time by making wrong strategic decisions.
In the highly competitive world of business, important statistics such as customer information, the number of competitors and sales operations among members play a major role in making strategic decisions. It can help you to take strategic business decisions that can shape your business goals.
Outsourcing companies provide custom made services to the needs of clients. Some areas where it can be used is to generate better sales leads, extract and harvest product pricing of data, financial data capture, obtain real estate data, do market research, surveys and analysis, behavioral research and analysis of products and duplicate the online database.