Data is one of the most powerful resources in nearly every organization. As our ability to collect and analyze data improves, many companies want to use their data to improve their business models. Unfortunately, there is a lot of data that is typically already available but often overlooked or unused because many organizations do not have adequate resources in place.
Although the collection and analysis of data remains essential, the proper execution of both processes requires expertise and an investment of resources. However, even when data is collected and analyzed, the value may remain unrecognized if these insights are not used effectively.
Overcome data processing challenges
Many organizations are faced with the problem of large existing volumes of data which can be daunting and difficult to process properly. With new data being generated constantly, this situation only becomes more challenging with time.
UL Solutions has the expertise to add value to your existing data and implement a toolchain that supports the ongoing usability of the data. You will be empowered to:
Address challenges with your data
In addition to the huge amount of data to be processed, the existing data may be disorganized or come from different systems. These and other obstacles associated with the data must be identified and overcome.
Understand the data you have
Understanding the data you already obtained will highlight potential gaps and improve future data collection. This process also helps illustrate the potential for insights with the information available.
Build a data pipeline
A well-designed data pipeline helps ensure sustainable data collection. By gathering data from various sources and storing it efficiently, organizations can easily analyze their data, reducing storage costs and gaining valuable insights.
Create Data-driven services
Value is recognized by putting your data to work. Greater clarity on what you have and actionable insights from it enable building data-driven services that support your business and meet your customers’ needs.
Use AI for data collection, analysis and more
By intelligently applying AI, you can free internal resources while preserving valuable insights. Automation of analysis and collection enables rapid pattern detection procedures and supports consistency.
Effective data processing at scale
UL Solutions experts can guide your transition to a data-driven future and empower your team to move forward with confidence. From uncovering insights in existing data to strengthening your analysis, our expertise helps empower you to harness the full value of your data.
Working with UL Solutions will help you:
- Establish a tool chain to automatically analyze your data. If appropriate, AI can be implemented.
- Engineering services to migrate data to the new tool chain.
- The evaluation of suitable technologies for data collection and analysis.
- Support during a digital transformation.
- Hands-on workshops covering foundational topics, including data analytics and artificial intelligence.
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