Friday, 30 August 2013

Web Data Extraction Services

Web Data Extraction from Dynamic Pages includes some of the services that may be acquired through outsourcing. It is possible to siphon information from proven websites through the use of Data Scrapping software. The information is applicable in many areas in business. It is possible to get such solutions as data collection, screen scrapping, email extractor and Web Data Mining services among others from companies providing websites such as Scrappingexpert.com.

Data mining is common as far as outsourcing business is concerned. Many companies are outsource data mining services and companies dealing with these services can earn a lot of money, especially in the growing business regarding outsourcing and general internet business. With web data extraction, you will pull data in a structured organized format. The source of the information will even be from an unstructured or semi-structured source.

In addition, it is possible to pull data which has originally been presented in a variety of formats including PDF, HTML, and test among others. The web data extraction service therefore, provides a diversity regarding the source of information. Large scale organizations have used data extraction services where they get large amounts of data on a daily basis. It is possible for you to get high accuracy of information in an efficient manner and it is also affordable.

Web data extraction services are important when it comes to collection of data and web-based information on the internet. Data collection services are very important as far as consumer research is concerned. Research is turning out to be a very vital thing among companies today. There is need for companies to adopt various strategies that will lead to fast means of data extraction, efficient extraction of data, as well as use of organized formats and flexibility.

In addition, people will prefer software that provides flexibility as far as application is concerned. In addition, there is software that can be customized according to the needs of customers, and these will play an important role in fulfilling diverse customer needs. Companies selling the particular software therefore, need to provide such features that provide excellent customer experience.

It is possible for companies to extract emails and other communications from certain sources as far as they are valid email messages. This will be done without incurring any duplicates. You will extract emails and messages from a variety of formats for the web pages, including HTML files, text files and other formats. It is possible to carry these services in a fast reliable and in an optimal output and hence, the software providing such capability is in high demand. It can help businesses and companies quickly search contacts for the people to be sent email messages.

It is also possible to use software to sort large amount of data and extract information, in an activity termed as data mining. This way, the company will realize reduced costs and saving of time and increasing return on investment. In this practice, the company will carry out Meta data extraction, scanning data, and others as well.



Source: http://ezinearticles.com/?Web-Data-Extraction-Services&id=4733722

Wednesday, 28 August 2013

Benefits of Outsourcing Data Entry Work in India

Now Days it's a trend to outsource Data Entry Work to reliable service provider who provides excellent output out of their work. Many Companies or Organization prefer to outsource data entry work to offshore location. One of the key reasons why it's become so popular is the fact that the services they provide from highly qualified professionals with cost effective and time bound.

India is well positioned to address global BPO needs. Statistics expose that nearly half of the Fortune 800 companies believe India as a reliable target for offshore outsourcing.

There are lots of benefits of outsourcing data entry work in India

o Reduce capital costs of infrastructure
o Increase productivity and efficiency
o Reduce storage needs
o Latest standard and technology
o Extremely trained workforce
o Quick turn around time with high accuracy
o Strong quality maintained
o Saving human resources
o Focus on your core business.
o Competitive pricing which are low as 40-60% of the prevailing US costs
o Excellent training infrastructure

Data Entry is the procedure of handling and processing over data. There are different forms of data entry like data entry for survey forms, legal services, entry for medical claim forms. Data for keeping track for credit and debit card transactions.

Data entry online services include entering data into websites, e-books, entering image in different format, Data processing and submitting forms, creating database for indexing and mailing for data entered. It also used in insurance claim entry. Procedure of processing of the forms and insurances claims are kept track of data entry services. Scanned image are required for file access and credit and debit card entry.

Data Entry is one of the leading elements for running a business successfully.

Offshore Data Entry has great infrastructure for data entry work projects. We have great equipments, facilities which provide you accurate data entry with high data security. Our data entry services, data entry contract give you quality assurance.



Source: http://ezinearticles.com/?Benefits-of-Outsourcing-Data-Entry-Work-in-India&id=1269756

Data Entry - 5 Types of Outsourcing Data Entry

Each organization requires accurate information to stay ahead from their competitors. To get various advantages of accurate information, you must have reliable data entry service. Through reliable typing company, you will get not only accuracy but also data security. Data typing services include data entry, data processing, data conversion, data capture, data maintenance, image scanning and html coding.

There are numbers of typing entry types that are useful to various business organizations. Here are some common types such as online typing entry, offline typing, automatic and manual typing service. Requirements differ as industry change. Here are some examples for that:

• for legal firms - legal document entry

• for organization related to science - scientific information entry

• for educational organization - mathematical information entry, book entry

• for medical institute - insurance claim entry, medical information typing

• for government - latter typing service, card entry, document typing, etc.

If you do not find reliable typing company for typing task, it is worth less to outsource. There are various advantages of outsourcing your typing requirement to reliable source.

You can easily eliminate the risk of data theft. In general, Data theft is high when companies are having in-house typing service. By outsourcing to reliable typing company, you can manage the business effectively.

Reliable data entry service can boost your business growth. If the information is digitally available, your executive can access the important information in seconds and take related decisions. This way, you can grab important opportunity and grow the business.

If you outsource, you will surely get cost benefit. But before you outsource, please do proper research for leading and reliable typing company. Otherwise, this will cost you in terms of reputation.

As your employees are not engaged in tedious and time consuming typing task, they can give more output in core activity. You will surely see the increase in efficiency and productivity of your staff by outsourcing your data editing or typing requirements.

Higher satisfaction level of customer makes company reliable. Companies only can get high satisfaction through great quality, quick services and reasonable pricing. Though reliable data entry, you will get accurate information in very less time. So choose wisely, reliable data typing services surly help in boosting your efficiency and profitability.




Source: http://ezinearticles.com/?Data-Entry---5-Types-of-Outsourcing-Data-Entry&id=4086519

Tuesday, 27 August 2013

Benefits of Predictive Analytics and Data Mining Services

Predictive Analytics is the process of dealing with variety of data and apply various mathematical formulas to discover the best decision for a given situation. Predictive analytics gives your company a competitive edge and can be used to improve ROI substantially. It is the decision science that removes guesswork out of the decision-making process and applies proven scientific guidelines to find right solution in the shortest time possible.

Predictive analytics can be helpful in answering questions like:

    Who are most likely to respond to your offer?
    Who are most likely to ignore?
    Who are most likely to discontinue your service?
    How much a consumer will spend on your product?
    Which transaction is a fraud?
    Which insurance claim is a fraudulent?
    What resource should I dedicate at a given time?

Benefits of Data mining include:

    Better understanding of customer behavior propels better decision
    Profitable customers can be spotted fast and served accordingly
    Generate more business by reaching hidden markets
    Target your Marketing message more effectively
    Helps in minimizing risk and improves ROI.
    Improve profitability by detecting abnormal patterns in sales, claims, transactions etc
    Improved customer service and confidence
    Significant reduction in Direct Marketing expenses

Basic steps of Predictive Analytics are as follows:

    Spot the business problem or goal
    Explore various data sources such as transaction history, user demography, catalog details, etc)
    Extract different data patterns from the above data
    Build a sample model based on data & problem
    Classify data, find valuable factors, generate new variables
    Construct a Predictive model using sample
    Validate and Deploy this Model

Standard techniques used for it are:

    Decision Tree
    Multi-purpose Scaling
    Linear Regressions
    Logistic Regressions
    Factor Analytics
    Genetic Algorithms
    Cluster Analytics
    Product Association

Source: http://ezinearticles.com/?Benefits-of-Predictive-Analytics-and-Data-Mining-Services&id=4766989

Friday, 23 August 2013

Digging Up Dollars With Data Mining - An Executive's Guide

Traditionally, organizations use data tactically - to manage operations. For a competitive edge, strong organizations use data strategically - to expand the business, to improve profitability, to reduce costs, and to market more effectively. Data mining (DM) creates information assets that an organization can leverage to achieve these strategic objectives.

In this article, we address some of the key questions executives have about data mining. These include:

    What is data mining?
    What can it do for my organization?
    How can my organization get started?

Business Definition of Data Mining

Data mining is a new component in an enterprise's decision support system (DSS) architecture. It complements and interlocks with other DSS capabilities such as query and reporting, on-line analytical processing (OLAP), data visualization, and traditional statistical analysis. These other DSS technologies are generally retrospective. They provide reports, tables, and graphs of what happened in the past. A user who knows what she's looking for can answer specific questions like: "How many new accounts were opened in the Midwest region last quarter," "Which stores had the largest change in revenues compared to the same month last year," or "Did we meet our goal of a ten-percent increase in holiday sales?"

We define data mining as "the data-driven discovery and modeling of hidden patterns in large volumes of data." Data mining differs from the retrospective technologies above because it produces models - models that capture and represent the hidden patterns in the data. With it, a user can discover patterns and build models automatically, without knowing exactly what she's looking for. The models are both descriptive and prospective. They address why things happened and what is likely to happen next. A user can pose "what-if" questions to a data-mining model that can not be queried directly from the database or warehouse. Examples include: "What is the expected lifetime value of every customer account," "Which customers are likely to open a money market account," or "Will this customer cancel our service if we introduce fees?"

The information technologies associated with DM are neural networks, genetic algorithms, fuzzy logic, and rule induction. It is outside the scope of this article to elaborate on all of these technologies. Instead, we will focus on business needs and how data mining solutions for these needs can translate into dollars.

Mapping Business Needs to Solutions and Profits

What can data mining do for your organization? In the introduction, we described several strategic opportunities for an organization to use data for advantage: business expansion, profitability, cost reduction, and sales and marketing. Let's consider these opportunities very concretely through several examples where companies successfully applied DM.

Expanding your business: Keystone Financial of Williamsport, PA, wanted to expand their customer base and attract new accounts through a LoanCheck offer. To initiate a loan, a recipient just had to go to a Keystone branch and cash the LoanCheck. Keystone introduced the $5000 LoanCheck by mailing a promotion to existing customers.

The Keystone database tracks about 300 characteristics for each customer. These characteristics include whether the person had already opened loans in the past two years, the number of active credit cards, the balance levels on those cards, and finally whether or not they responded to the $5000 LoanCheck offer. Keystone used data mining to sift through the 300 customer characteristics, find the most significant ones, and build a model of response to the LoanCheck offer. Then, they applied the model to a list of 400,000 prospects obtained from a credit bureau.

By selectively mailing to the best-rated prospects determined by the DM model, Keystone generated $1.6M in additional net income from 12,000 new customers.

Reducing costs: Empire Blue Cross/Blue Shield is New York State's largest health insurer. To compete with other healthcare companies, Empire must provide quality service and minimize costs. Attacking costs in the form of fraud and abuse is a cornerstone of Empire's strategy, and it requires considerable investigative skill as well as sophisticated information technology.

The latter includes a data mining application that profiles each physician in the Empire network based on patient claim records in their database. From the profile, the application detects subtle deviations in physician behavior relative to her/his peer group. These deviations are reported to fraud investigators as a "suspicion index." A physician who performs a high number of procedures per visit, charges 40% more per patient, or sees many patients on the weekend would be flagged immediately from the suspicion index score.

What has this DM effort returned to Empire? In the first three years, they realized fraud-and-abuse savings of $29M, $36M, and $39M respectively.

Improving sales effectiveness and profitability: Pharmaceutical sales representatives have a broad assortment of tools for promoting products to physicians. These tools include clinical literature, product samples, dinner meetings, teleconferences, golf outings, and more. Knowing which promotions will be most effective with which doctors is extremely valuable since wrong decisions can cost the company hundreds of dollars for the sales call and even more in lost revenue.

The reps for a large pharmaceutical company collectively make tens of thousands of sales calls. One drug maker linked six months of promotional activity with corresponding sales figures in a database, which they then used to build a predictive model for each doctor. The data-mining models revealed, for instance, that among six different promotional alternatives, only two had a significant impact on the prescribing behavior of physicians. Using all the knowledge embedded in the data-mining models, the promotional mix for each doctor was customized to maximize ROI.

Although this new program was rolled out just recently, early responses indicate that the drug maker will exceed the $1.4M sales increase originally projected. Given that this increase is generated with no new promotional spending, profits are expected to increase by a similar amount.

Looking back at this set of examples, we must ask, "Why was data mining necessary?" For Keystone, response to the loan offer did not exist in the new credit bureau database of 400,000 potential customers. The model predicted the response given the other available customer characteristics. For Empire, the suspicion index quantified the differences between physician practices and peer (model) behavior. Appropriate physician behavior was a multi-variable aggregate produced by data mining - once again, not available in the database. For the drug maker, the promotion and sales databases contained the historical record of activity. An automated data mining method was necessary to model each doctor and determine the best combination of promotions to increase future sales.

Getting Started

In each case presented above, data mining yielded significant benefits to the business. Some were top-line results that increased revenues or expanded the customer base. Others were bottom-line improvements resulting from cost-savings and enhanced productivity. The natural next question is, "How can my organization get started and begin to realize the competitive advantages of DM?"

In our experience, pilot projects are the most successful vehicles for introducing data mining. A pilot project is a short, well-planned effort to bring DM into an organization. Good pilot projects focus on one very specific business need, and they involve business users up front and throughout the project. The duration of a typical pilot project is one to three months, and it generally requires 4 to 10 people part-time.

The role of the executive in such pilot projects is two-pronged. At the outset, the executive participates in setting the strategic goals and objectives for the project. During the project and prior to roll out, the executive takes part by supervising the measurement and evaluation of results. Lack of executive sponsorship and failure to involve business users are two primary reasons DM initiatives stall or fall short.

In reading this article, perhaps you've developed a vision and want to proceed - to address a pressing business problem by sponsoring a data mining pilot project. Twisting the old adage, we say "just because you should doesn't mean you can." Be aware that a capability assessment needs to be an integral component of a DM pilot project. The assessment takes a critical look at data and data access, personnel and their skills, equipment, and software. Organizations typically underestimate the impact of data mining (and information technology in general) on their people, their processes, and their corporate culture. The pilot project provides a relatively high-reward, low-cost, and low-risk opportunity to quantify the potential impact of DM.

Another stumbling block for an organization is deciding to defer any data mining activity until a data warehouse is built. Our experience indicates that, oftentimes, DM could and should come first. The purpose of the data warehouse is to provide users the opportunity to study customer and market behavior both retrospectively and prospectively. A data mining pilot project can provide important insight into the fields and aggregates that need to be designed into the warehouse to make it really valuable. Further, the cost savings or revenue generation provided by DM can provide bootstrap funding for a data warehouse or related initiatives.

Recapping, in this article we addressed the key questions executives have about data mining - what it is, what the benefits are, and how to get started. Armed with this knowledge, begin with a pilot project. From there, you can continue building the data mining capability in your organization; to expand your business, improve profitability, reduce costs, and market your products more effectively.



Source: http://ezinearticles.com/?Digging-Up-Dollars-With-Data-Mining---An-Executives-Guide&id=6052872

Thursday, 22 August 2013

What is Data Mining? Why Data Mining is Important?

Searching, Collecting, Filtering and Analyzing of data define as data mining. The large amount of information can be retrieved from wide range of form such as different data relationships, patterns or any significant statistical co-relations. Today the advent of computers, large databases and the internet is make easier way to collect millions, billions and even trillions of pieces of data that can be systematically analyzed to help look for relationships and to seek solutions to difficult problems.

The government, private company, large organization and all businesses are looking for large volume of information collection for research and business development. These all collected data can be stored by them to future use. Such kind of information is most important whenever it is require. It will take very much time for searching and find require information from the internet or any other resources.

Here is an overview of data mining services inclusion:

* Market research, product research, survey and analysis
* Collection information about investors, funds and investments
* Forums, blogs and other resources for customer views/opinions
* Scanning large volumes of data
* Information extraction
* Pre-processing of data from the data warehouse
* Meta data extraction
* Web data online mining services
* data online mining research
* Online newspaper and news sources information research
* Excel sheet presentation of data collected from online sources
* Competitor analysis
* data mining books
* Information interpretation
* Updating collected data

After applying the process of data mining, you can easily information extract from filtered information and processing the refining the information. This data process is mainly divided into 3 sections; pre-processing, mining and validation. In short, data online mining is a process of converting data into authentic information.

The most important is that it takes much time to find important information from the data. If you want to grow your business rapidly, you must take quick and accurate decisions to grab timely available opportunities.

Outsourcing Web Research is one of the best data mining outsourcing organizations having more than 17 years of experience in the market research industry. To know more information about our company please contact us.



Source: http://ezinearticles.com/?What-is-Data-Mining?-Why-Data-Mining-is-Important?&id=3613677

Wednesday, 21 August 2013

An Easy Way For Data Extraction

There are so many data scraping tools are available in internet. With these tools you can you download large amount of data without any stress. From the past decade, the internet revolution has made the entire world as an information center. You can obtain any type of information from the internet. However, if you want any particular information on one task, you need search more websites. If you are interested in download all the information from the websites, you need to copy the information and pate in your documents. It seems a little bit hectic work for everyone. With these scraping tools, you can save your time, money and it reduces manual work.

The Web data extraction tool will extract the data from the HTML pages of the different websites and compares the data. Every day, there are so many websites are hosting in internet. It is not possible to see all the websites in a single day. With these data mining tool, you are able to view all the web pages in internet. If you are using a wide range of applications, these scraping tools are very much useful to you.

The data extraction software tool is used to compare the structured data in internet. There are so many search engines in internet will help you to find a website on a particular issue. The data in different sites is appears in different styles. This scraping expert will help you to compare the date in different site and structures the data for records.

And the web crawler software tool is used to index the web pages in the internet; it will move the data from internet to your hard disk. With this work, you can browse the internet much faster when connected. And the important use of this tool is if you are trying to download the data from internet in off peak hours. It will take a lot of time to download. However, with this tool you can download any data from internet at fast rate.There is another tool for business person is called email extractor. With this toll, you can easily target the customers email addresses. You can send advertisement for your product to the targeted customers at any time. This the best tool to find the database of the customers.

However, there are some more scraping tolls are available in internet. And also some of esteemed websites are providing the information about these tools. You download these tools by paying a nominal amount.


Source: http://ezinearticles.com/?An-Easy-Way-For-Data-Extraction&id=3517104

Friday, 16 August 2013

Collecting Data With Web Scrapers

There is a large amount of data available only through websites. However, as many people have found out, trying to copy data into a usable database or spreadsheet directly out of a website can be a tiring process. Data entry from internet sources can quickly become cost prohibitive as the required hours add up. Clearly, an automated method for collating information from HTML-based sites can offer huge management cost savings.

Web scrapers are programs that are able to aggregate information from the internet. They are capable of navigating the web, assessing the contents of a site, and then pulling data points and placing them into a structured, working database or spreadsheet. Many companies and services will use programs to web scrape, such as comparing prices, performing online research, or tracking changes to online content.

Let's take a look at how web scrapers can aid data collection and management for a variety of purposes.

Improving On Manual Entry Methods

Using a computer's copy and paste function or simply typing text from a site is extremely inefficient and costly. Web scrapers are able to navigate through a series of websites, make decisions on what is important data, and then copy the info into a structured database, spreadsheet, or other program. Software packages include the ability to record macros by having a user perform a routine once and then have the computer remember and automate those actions. Every user can effectively act as their own programmer to expand the capabilities to process websites. These applications can also interface with databases in order to automatically manage information as it is pulled from a website.

Aggregating Information

There are a number of instances where material stored in websites can be manipulated and stored. For example, a clothing company that is looking to bring their line of apparel to retailers can go online for the contact information of retailers in their area and then present that information to sales personnel to generate leads. Many businesses can perform market research on prices and product availability by analyzing online catalogues.

Data Management

Managing figures and numbers is best done through spreadsheets and databases; however, information on a website formatted with HTML is not readily accessible for such purposes. While websites are excellent for displaying facts and figures, they fall short when they need to be analyzed, sorted, or otherwise manipulated. Ultimately, web scrapers are able to take the output that is intended for display to a person and change it to numbers that can be used by a computer. Furthermore, by automating this process with software applications and macros, entry costs are severely reduced.

This type of data management is also effective at merging different information sources. If a company were to purchase research or statistical information, it could be scraped in order to format the information into a database. This is also highly effective at taking a legacy system's contents and incorporating them into today's systems.



Source: http://ezinearticles.com/?Collecting-Data-With-Web-Scrapers&id=4223877