Saturday 31 August 2013

Elevate Your Business With Data Entry Services

The sole aim of many organizations is to progress well in their objectives and hire people who are good and efficient in their work. However, sometimes, there are some work profiles that are mundane in nature but equally important like data entry services. You will be amazed to know that these services also play a crucial role in building the future of an organization.

In fact, with the coming of information technology, the data entry services have actually become a kind of industry, as various businesses need accurate and detailed information for various reasons. Thus they are relying on such services that not only help them in growing but are cost effective too. These data entry services are an asset for any organization irrespective of its size in both the terms of workforce, financial status and area. With the help of such services you are able to get the information on the market trends, your clients and moreover, about the status of your own business. Hence, there is a lot of demand for data entry services in order to do great business.

As you must be aware of the fact that data entry services can be time consuming; hence it requires efficient workforce to execute various tasks perfectly and diligently. Every transaction has to be recorded, processed and analyzed so that the management or the decision-makers can have a clear picture of the actual financial standing of the company. In fact, there are many organizations that are interested in the data of company so that they can strike a business deal with the company in the future; the competitors are also the one's who are constantly following the happenings of the company. However, the most important part that constitutes group are the shareholders, employees, creditors, consumers and the market in general. Therefore, this service plays a significant role in determining the future of the company. Thus, it is taken very seriously by many business enterprises for various reasons that can elevate their businesses by many fractions.

In fact, data entry services are now being outsourced from various leading vendors to further simplify the requirements of every business. Well, these services cover many business activities like document and image processing, data conversion, image enhancement, image editing, catalog processing, and photo manipulation. In fact, you can use data entry services for transferring hard or soft copy to any database format; insurance claims entry; PDF document indexing; online data capture; product catalogs to web based systems; online order entry and follow up; creation of new databases. Moreover, banks, airlines, government agencies, direct marketing services and service providers are using these services for better businesses.

The data services are also utilized for mailing lists; data mining and warehousing; data cleansing; audio transcriptions; legal documents; indexing of vouchers and documents; hand written ballot or card entry; online completion of surveys and responses of customers for various companies. Now its up to the company to whether go for a vendor or hire in-house staff to accomplish tasks in a better way; the main purpose of this service is to offer convenience that can help in curbing time as well as other resources.


Source: http://ezinearticles.com/?Elevate-Your-Business-With-Data-Entry-Services&id=777230

Thursday 29 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

Data Entry Services Widen the Reach of Your Products Globally

Are you into an online business and wish to display your products online. Data Entry Services can serve this purpose for you. Get your products displayed online with these professional Data Entry Services. They can serve you with number of services like updating the descriptions of the products, managing the products online and will look after for your website. Catalogs help you to display the products and bring in direct sales.

A useful online product catalog will help you to categorize your products accordingly and provides your visitors with appropriate and exact product descriptions. The images related to your products help you to maximize the efficiency of your e-commerce store.

Professional Data Entry Services provide catalog data entry services for your website including all the processing and conversion services. The skilled and trained professionals can take the hard copies of your product catalogs and then the required and necessary information is updated into the online catalog. After this, the products are placed in the appropriate classes/ sub-classes and then finally your products are displayed on the website.

The need of Online Catalogs

Your potential customers find it easy to browse through the list of your products across different categories if you have displayed the products through online Product catalogs. These services help many organizations to generate sales to a great extent.

Outsource and conversion is a good idea

Outsourcing Catalog Data Entry Services eliminates the need for having an in-house staff for catalog data entry processing and data conversion processes. You can ask for long term or short-term project according to your needs.

Number of advantages your company can enjoy after hiring these services. A few of them are given below:

1. Quick Turnaround Time- Their experienced team helps you to get a quick turnaround. Their talent and skills help them to improve the turnaround time of your organization.

2. Unique Quality- These services offer you 99% quality assurance. The quality assurance team evaluates the entire data to assure accuracy and quality.

3. Superior Communication - They help you to maintain consistent communication with your clients. They make it sure that they fully understand the limitations of each project. These services always aim to enrich the customer's experience.

4. Safety of Data - Safety of your data is ensured by these services. Security protocols are used and the utmost level of protection is provided for your data. Utilization of Virtual Private Network (VPN) is done as a secure method for accessing your data.

5. Customized Solutions - These Data Entry Services understand that every business follows different strategies and are unique in their own way. They adapt their services to fulfill the specific needs of every individual project. The deep-domain expertise from these services offers you positive solutions in every industry vertical.



Source: http://ezinearticles.com/?Data-Entry-Services-Widen-the-Reach-of-Your-Products-Globally&id=7390736

Wednesday 28 August 2013

Most Important Role of Data Entry Service in BPO Industry

BPO industry is the fast, dynamic and boosting industry of businesses world. data entry outsourcing is such a fast growing services in BPO industry. In this environment easiness use, accurate and high quality data information is necessary.

Data entry services cover most business and professional activities, including data conversion, document processing and photo manipulation. Data entry service is one aspect of a business which is undertaken on a huge scale by several companies. Global statistics on outsourcing specify that the process is one the rise and many companies have been hugely benefited by this.

Handling of data entry with expertise hands and well skilled professional is very difficult. There are many ways to better organize plan and understanding of business by well categorized data. Data processing and data conversion are also getting popular as a part of data entry service. Now a days, number of organization and institute using latest tools and technology to process or enter data. Data that requires a longer duration of processing time should be outsourced for better efficiency of information flow.

One of the main reasons why this has become such a common incident is the fact that data entry services are available from highly qualified professionals at a very low cost. Data entry services provided by outsourcing companies offer various services under this. So it does not matter what type of data entry services you require, everything will be taken care by these outsourcing service providing companies.

To outsource your requirements to BPO companies are much beneficial and cost effective. data entry outsourcing is well known and trusted BPO company. If you want to get excellent experience of outsourcing data entry service, then it is the one stop data entry solution.



Source: http://ezinearticles.com/?Most-Important-Role-of-Data-Entry-Service-in-BPO-Industry&id=2563341

Tuesday 27 August 2013

Data Mining in the 21st Century: Business Intelligence Solutions Extract and Visualize

When you think of the term data mining, what comes to mind? If an image of a mine shaft and miners digging for diamonds or gold comes to mind, you're on the right track. Data mining involves digging for gems or nuggets of information buried deep within data. While the miners of yesteryear used manual labor, modern data minors use business intelligence solutions to extract and make sense of data.

As businesses have become more complex and more reliant on data, the sheer volume of data has exploded. The term "big data" is used to describe the massive amounts of data enterprises must dig through in order to find those golden nuggets. For example, imagine a large retailer with numerous sales promotions, inventory, point of sale systems, and a gift registry. Each of these systems contains useful data that could be mined to make smarter decisions. However, these systems may not be interlinked, making it more difficult to glean any meaningful insights.

Data warehouses are used to extract information from various legacy systems, transform the data into a common format, and load it into a data warehouse. This process is known as ETL (Extract, Transform, and Load). Once the information is standardized and merged, it becomes possible to work with that data.

Originally, all of this behind-the-scenes consolidation took place at predetermined intervals such as once a day, once a week, or even once a month. Intervals were often needed because the databases needed to be offline during these processes. A business running 24/7 simply couldn't afford the down time required to keep the data warehouse stocked with the freshest data. Depending on how often this process took place, the data could be old and no longer relevant. While this may have been fine in the 1980s or 1990s, it's not sufficient in today's fast-paced, interconnected world.

Real-time EFL has since been developed, allowing for continuous, non-invasive data warehousing. While most business intelligence solutions today are capable of mining, extracting, transforming, and loading data continuously without service disruptions, that's not the end of the story. In fact, data mining is just the beginning.

After mining data, what are you going to do with it? You need some form of enterprise reporting in order to make sense of the massive amounts of data coming in. In the past, enterprise reporting required extensive expertise to set up and maintain. Users were typically given a selection of pre-designed reports detailing various data points or functions. While some reports may have had some customization built in, such as user-defined date ranges, customization was limited. If a user needed a special report, it required getting someone from the IT department skilled in reporting to create or modify a report based on the user's needs. This could take weeks - and it often never happened due to the hassles and politics involved.

Fortunately, modern business intelligence solutions have taken enterprise reporting down to the user level. Intuitive controls and dashboards make creating a custom report a simple matter of drag and drop while data visualization tools make the data easy to comprehend. Best of all, these tools can be used on demand, allowing for true, real-time ad hoc enterprise reporting.



Source: http://ezinearticles.com/?Data-Mining-in-the-21st-Century:-Business-Intelligence-Solutions-Extract-and-Visualize&id=7504537

Sunday 25 August 2013

Data Entry Services Are Meant To Ease Your Workload

Data entry services provided by the firms are growing very rapidly with a huge demand. It may sound that data entry is a simple task to do but it is not so simple and plays an important role in running a successful business. We all know that data and information related to any company is very crucial for them. Data are priceless for any firm, no-matter they are small or big. The companies provide you highly customized business solutions depending on your requirement.

The companies also provide various range of services for all kinds of textual data capturing from printed matter, manuscripts, and even web research. Very advanced technologies are used to convert large quantities of paper work and image based task to electronic data that is usable in database and in the management system. Any kind of data is very essential for an organization whether it is manual or electronic.

There are many companies that provide highly accurate data entry services with complete confidentiality and high level of accuracy. These services are undertaken by banks, retail organizations, medical research facilities, universities, insurance companies, newspapers, large corporate enterprises, direct marketing and database marketing firms, school and trade associations to make their organization a successful and profitable enterprise.

Outsourcing is a business strategy which is highly being used by businesses to take care of the data entry services. In fact, the process of outsourcing has made things simpler for business owners and the businesses are running successfully. The companies that are involved in outsourcing work do provide these services efficiently to those firms who are burdened with heavy workload. If you are running a business of your own and want to manage it properly and run smoothly, then all you need to do is to hire data entry services.

Availing the benefits of outsourcing works in the form of data entry services can prove tremendous for your company. If you outsource your extra burden of work to a company then in such case, you can make growth plans and strategies for your organization. The companies will console you about the high quality of services and the accuracy they provide for the business that needs data to be extracted from any source.

Data entry services is an information technology enabled services that provides you wide range of services. The professionals working for you are trained and extremely talented who are ready to provide you high end services with full dedication. Since, you are spending money for this, so you must take the best services and choose those companies who can cater to your needs according to you.

Data entry services is not a complex application but it's extremely time taking and this the main reason for a company that hires this service so that they can save their time and money. Every business has many more things to consider for their growth prospects and for this reason they don't want to waste their time and money in such stuffs. The professionals are especially trained according to the requirement of the work depending on how critical the work is. Hiring for this service is definitely a wise decision for your business prospects. These types of services will surely help you to make big profits in the business. The strategy and techniques applied to any business is the key to success.



Source: http://ezinearticles.com/?Data-Entry-Services-Are-Meant-To-Ease-Your-Workload&id=538877

Friday 23 August 2013

Text Data Mining Can Be Profitable

There are billions of search terms performed on the internet every year,and the companies which make use of this vast amount of information are the ones who will be able to market effectively in the future. It is here that text data mining comes into its own, a technique which enables researchers to find patterns within groups of text which will enable them to make predictions as to how customers or other groups of people will act in the future. This article will take a look at text data mining and how we can help various groups of people to find the best things in the data analysis.

It is always a good idea to do some study of the text mining techniques before going on to text mining implementation, and this can be said to be especially true of the insurance industry where not only text mining but also generic data mining using in statistics can be a great help in determining profitability and also showing actuaries how to make future calculations.

Consultancy is an important part of text data mining, and the text mining consultant can bring a huge amount of knowledge to a company whatever the service or services that are providing, particularly if he has an extensive knowledge of text data mining technology and can help to build a system around it.

Of course it is not only commercial applications that can use text mining, because it also has used in security, in that it can help to track criminal intent on the Internet. There are also applications in the biomedical world, in order to help find clusters of data in the right way. But it is in the online world and in the field of marketing that text mining is being used extensively, particularly in customer relationship management [CRM] techniques, where the tools are among some of the most advanced.

Knowing how text mining algorithms work is essential for any consultant who works in this field, because it is an important tool in the marketing technique possibilities. By understanding how text data mining can help an organization a consultant or marketer can make great strides in profitability and this is something that most organizations would be glad for.



Source: http://ezinearticles.com/?Text-Data-Mining-Can-Be-Profitable&id=2314536

Tuesday 20 August 2013

Data Entry Services in India Are Getting Famous in the World!

Outsourcing has become the most profitable business in the world. This business is growing in India and other part of the world. These services are getting famous in the world and most of the business owners are saving their lots of money by doing outsourcing to different countries where India comes in top in the outsourcing. By outsourcing your offline and online information entry jobs, your company will maintain properly organized and up-to-date records of the employees and other important stuff. These jobs are usually done in the home environment.

India is very popular in providing the BPO services for their customers. There is large scale of BPO service providers running their business in India. The employees working in these offices are also very competent and trained. Data entry services in India is very popular all around the world because of having the access of BPO experts and the web data extraction experts.

What these BPO services provide you?

There are many business across the globe running on the outsource services, BPO services in India provides the ease of life to the business owner want quick and fast data entry work.

There are many well reputed firms working in India and doing their best to finish and deliver comes punctually. They're professional well equipped with the newest technology and software and more importantly with the professional labor work. They are fully trained and expert in their niche so if a business owner take the services then they get the in time work and quality. When you will select any BPO expert then you will find the following data entry expertise in these professional companies.

1. You will find the handwritten material with the help of experts.
2. Knowledge entry of e-books, directories, image files and etc.
3. You will also get the best services of data processing.
4. Business card knowledge entry
5. Bills and survey services which will help you to Maintain and correct records.
6. Alpha numeric data entry services
7. Data entry free trails.

Thousand of online BPO jobs are also available on the Indian big job portals and other data entry work. These services and work force reduce your workload and will enhance your productivity of your business. Outsourcing the right choice by any business owner because it reduces your total cost and you get the perfect and reliable work. When you approach to any professional service provider firm in India then it reduce the turnaround time and you get the professional data entry services.



Source: http://ezinearticles.com/?Data-Entry-Services-in-India-Are-Getting-Famous-in-the-World!&id=4708858

Data Entry - Why Are Data Entry Services So Cheap?

Data entry has become a requirement these days for a lot of company that need to have their physical data input in order to make digital files out of them. This is turn makes the documents more manageable and accessible and saves a lot of time and space whilst improving efficiency. So how can companies that offer data entry charge such a low rate for the services?

Well it can all depend on the type of data that is being input. For example, if the data that needs making digital is already from a document which has been typed and printed or typed using a typewriter then sophisticated software can be used in order to extract the data quickly and simply. This means that because the process is automated, this saves a lot of time and man power. Often this software will have been developed in-house or especially for the company themselves.

If the data is handwritten then it will need to be input manually, and this is where things can get a little more expensive. But amazingly, not by much. Data entry has become increasingly cheap over the last few years and the main reason for this is outsourcing. A lot of companies, whether admitting it or not, may be outsourcing the work to the east where the work can be done at that same level or quality for significantly less. A lot of companies are fine with admitting this, but others are not so sure, primarily because this may put people off the service. However in our experience, the data capture staff that we have used have excellent English skills and offer work done to a similar level to that of an English-language based company.

If you're not sure you like the idea of this and are looking at getting data entry or data capture completed, ask the company where they have their data captured from. Most companies will be honest and tell you, but it's usually fairly obvious by the rate that they charge for the data entry itself. Ask how long they have worked with the data capturing company for and also make sure to request a sample of their work and perhaps the data entry company will be willing to get a sample made especially for you. But make sure to look for companies which have secured the ISO 9001:2000 as this ensures that work is checked over by a third-party to ensure quality.



Source: http://ezinearticles.com/?Data-Entry---Why-Are-Data-Entry-Services-So-Cheap?&id=6193944

Monday 19 August 2013

Data Management Services

In recent studies it has been revealed that any business activity has astonishing huge volumes of data, hence the ideas has to be organized well and can be easily gotten when need arises. Timely and accurate solutions are important in facilitating efficiency in any business activity. With the emerging professional outsourcing and data organizing companies nowadays many services are offered that matches the various kinds of managing the data collected and various business activities. This article looks at some of the benefits that accrue of offered by the professional data mining companies.

Entering of data

These kinds of services are quite significant since they help in converting the data that is needed in high ideal and format that is digitized. In internet some of this data can found that is original and handwritten. In printed paper documents and or text are not likely to contain electronic or needed formats. The best example in this context is books that need to be converted to e-books. In insurance companies they also depend on this process in processing the claims of insurance and at the same time apply to the law firms that offer support to analyze and process legal documents.

EDC

That is referred to as electronic data. This method is mostly used by clinical researchers and other related organization in medical. The electronic data and capture methods are used in the utilization in managing trials and research. The data mining and data management services are given in upcoming databases for studies. The ideas contained can easily be captured, other services being done and the survey taken.

Data changing

This is the process of converting data found in one format to another. Data extraction process often involves mining data from an existing system, formatting it, cleansing it and can be installed to enhance both availability and retrieving of information easily. Extensive testing and application are the requirements of this process. The service offered by data mining companies includes SGML conversion, XML conversion, CAD conversion, HTML conversion, image conversion.

Managing data service

In this service it involves the conversion of documents. It is where one character of a text may need to be converted to another. If we take an example it is easy to change image, video or audio file formats to other applications of the software that can be played or displayed. In indexing and scanning is where the services are mostly offered.

Data extraction and cleansing

Significant information and sequences from huge databases and websites extraction firms use this kind of service. The data harvested is supposed to be in a productive way and should be cleansed to increase the quality. Both manual and automated data cleansing services are offered by data mining organizations. This helps to ensure that there is accuracy, completeness and integrity of data. Also we keep in mind that data mining is never enough.

Web scraping, data extraction services, web extraction, imaging, catalog conversion, web data mining and others are the other management services offered by data mining organization. If your business organization needs such services here is one that can be of great significance that is web scraping and data mining



Source: http://ezinearticles.com/?Data-Management-Services&id=7131758

Friday 16 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

Thursday 15 August 2013

Data Entry Services by a Virtual Assistant

Data Entry is a basic requirement for any business and it may appear to be simple to supervise and handle, this engage a lot of procedures that require a proper handling. Enormous modifications have taken place in the field of data entry and because of this data processing work has become really easier then before. So if you are looking to make data entry services useful to maintain the information and data of your company, you need a skilled virtual assistant. These days it is almost impossible to say Data Entry Services are costly; however, the fact is this by outsourcing a data process to country like India will be a good option for an organization to find a quality services with cost-effective solutions. All you need to choose you will hire a VA for the job you wanted to complete within a particular time frame, with quality and a cost-effective solution or to hire an in house employee for which you have to pay employee benefits such as sick pay, employee insurance, vacation pay, worker's compensation and much more. You are the best person to decide, you want to outsource the job to a virtual assistant who only charge for the job they work for after all this is your business.

Data Entry is one of the important features for your business and as a result you must make sure that this is dealt in a right direction. Outsourcing Data Entry service to a virtual assistant is not only a part of a business. With the enormous flow on the ground of Information Technology Data Conversion service is evenly significant. Data Conversion is the process to renovate the data in which data is converted from file source to another file type such as extracting the data from PDF file to excel spreadsheet and business world need these conversion for efficiency in performance. Virtual Assistant's are skilled enough to convert almost any file type to another for a business owner to access the data in any format.

By outsourcing your data entry jobs to a virtual assistant in India has been found very cost-effective solutions with quality of the job. Outsourcing Data Entry Services is one of the rise these days and the reason behind this is business owners has enjoyed the success of outsourcing the job to a virtual assistant. The major benefit of getting data entry services complete by a virtual assistant in India is they work really cheap and the work done by them is of top quality job. So if the data entry services provided by a virtual assistant are cheap and of top quality there is completely no possibility why someone would not take the benefits of a VA services.



Source: http://ezinearticles.com/?Data-Entry-Services-by-a-Virtual-Assistant&id=1665926

Tuesday 13 August 2013

How Can We Ensure the Accuracy of Data Mining - While Anonymizing the Data?

Okay so, the topic of this question is meaningful and was recently asked in a government publication on Internet Privacy, Smart Phone Personal Data, and Social Online Network Security Features. And indeed, it is a good question, in that we need the bulk raw data for many things such as; planning for IT backbone infrastructure, allotting communication frequencies, tracking flu pandemics, chasing cancer clusters, and for national security, etc, on-and-on, this data is very important.

Still, the question remains; "How Can We Ensure the Accuracy of Data Mining - While Anonymizing the Data?" Well, if you don't collect any data in the first place, you know what you've collected is accurate right? No data collected = No errors! But, that's not exactly what everyone has in mind of course. Now then if you don't have sources for the data points, and if all the data is a anonymized in advance, due to the use of screen names in social networks, then none of the accuracy of any of the data can be taken as truthful.

Okay, but that doesn't mean some of the data isn't correct right? And if you know the percentage of data you cannot trust, you can get better results. How about an example, during the campaign of Barak Obama there were numerous polls in the media, of course, many of the online polls showed a larger percentage, land-slide-like, which never materialized in the actual election; why? Simple, there were folks gaming the system, and because the online crowd, younger group participating was in greater abundance.

Back to the topic; perhaps what's needed is for someone less qualified as a trusted source with their information could be sidelined and identified as a question mark and within or adding to the margin of error. And, if it appears to be fake, a number next to that piece of data, and that identification can then be deleted, when doing the data mining.

Although, perhaps a subsystem could allow for tracing and tracking, but only if it was at the national security level, which could take the information all the way down to the individual ISP and actual user identification. And if data was found to be false, it could merely be red flagged, as unreliable.

The reality is you can't trust sources online, or any of the information that you see online, just like you cannot trust word-for-word the information in the newspapers, or the fact that 95% of all intelligence gathered is junk, the trick is to sift through and find the 5% that is reality based, and realize that even the misinformation, often has clues.

Thus, if the questionable data is flagged prior to anonymizing the data, then you can increase your margin for error without ever having the actual identification of any one-piece of data in the whole bulk of the database or data mine. Margins for error are often cut short, to purport better accuracy, usually to the detriment of the information or the conclusions, solutions, or decisions made from that data.

And then there is the fudge factor, when you are collecting data to prove yourself right? Okay, let's talk about that shall we? You really can't trust data as unbiased if the dissemination, collection, processing, and accounting was done by a human being. Likewise, we also know we cannot trust government data, or projections.

Consider if you will the problems with trusting the OMB numbers and economic data on the financial bill, or the cost of the ObamaCare healthcare bill. Also other economic data has been known to be false, and even the bank stress tests in China, the EU, and the United States is questionable. For instance consumer and investor confidence is very important therefore false data is often put out, or real data is manipulated before it's put on the public. Hey, I am not an anti-government guy, and I realize we need the bureaucracy for some things, but I am wise enough to realize that humans run the government, and there is a lot of power involved, humans like to retain and get more of that power. We can expect that.

And we can expect that folks purporting information under fake screen names, pen names to also be less-than-trustworthy, that's all I am saying here. Look, it's not just the government, corporations do it too as they attempt to put a good spin on their quarterly earnings, balance sheet, move assets around, or give forward looking projections.

Even when we look at the data from the FED's Beige Sheet we could say that most all of that is hearsay, because generally the FED Governors of the various districts do not indicate exactly which of their clients, customers, or friends in industry gave them which pieces of information. Thus we don't know what we can trust, and we thus must assume we can't trust any of it, unless we can identify the source prior to its inclusion in the research, report, or mined data query.

This is nothing new, it's the same for all information, whether we read it in the newspaper or our intelligence industry learns of new details. Check sources and if we don't check the sources in advance, the correct thing to do is to increase the probability that the information is indeed incorrect, and/or the margin for error at some point ends up going hyperbolic on you, thus, you need to throw the whole thing out, but then I ask why collect it in the first place.

Ah hell, this is all just philosophy on the accuracy of data mining. Grab yourself a cup of coffee, think about it and email your comments and questions.



Source: http://ezinearticles.com/?How-Can-We-Ensure-the-Accuracy-of-Data-Mining---While-Anonymizing-the-Data?&id=4868548

Monday 12 August 2013

Data Mining - Critical for Businesses to Tap the Unexplored Market

Knowledge discovery in databases (KDD) is an emerging field and is increasingly gaining importance in today's business. The knowledge discovery process, however, is vast, involving understanding of the business and its requirements, data selection, processing, mining and evaluation or interpretation; it does not have any pre-defined set of rules to go about solving a problem. Among the other stages, the data mining process holds high importance as the task involves identification of new patterns that have not been detected earlier from the dataset. This is relatively a broad concept involving web mining, text mining, online mining etc.

What Data Mining is and what it is not?

The data mining is the process of extracting information, which has been collected, analyzed and prepared, from the dataset and identifying new patterns from that information. At this juncture, it is also important to understand what it is not. The concept is often misunderstood for knowledge gathering, processing, analysis and interpretation/ inference derivation. While these processes are absolutely not data mining, they are very much necessary for its successful implementation.

The 'First-mover Advantage'

One of the major goals of the data mining process is to identify an unknown or rather unexplored segment that had always existed in the business or industry, but was overlooked. The process, when done meticulously using appropriate techniques, could even make way for niche segments providing companies the first-mover advantage. In any industry, the first-mover would bag the maximum benefits and exploit resources besides setting standards for other players to follow. The whole process is thus considered to be a worthy approach to identify unknown segments.

The online knowledge collection and research is the concept involving many complications and, therefore, outsourcing the data mining services often proves viable for large companies that cannot devote time for the task. Outsourcing the web mining services or text mining services would save an organization's productive time which would otherwise be spent in researching.

The data mining algorithms and challenges

Every data mining task follows certain algorithms using statistical methods, cluster analysis or decision tree techniques. However, there is no single universally accepted technique that can be adopted for all. Rather, the process completely depends on the nature of the business, industry and its requirements. Thus, appropriate methods have to be chosen depending upon the business operations.

The whole process is a subset of knowledge discovery process and as such involves different challenges. Analysis and preparation of dataset is very crucial as the well-researched material could assist in extracting only the relevant yet unidentified information useful for the business. Hence, the analysis of the gathered material and preparation of dataset, which also considers industrial standards during the process, would consume more time and labor. Investment is another major challenge in the process as it involves huge cost on deploying professionals with adequate domain knowledge plus knowledge on statistical and technological aspects.

The importance of maintaining a comprehensive database prompted the need for data mining which, in turn, paved way for niche concepts. Though the concept has been present for years now, companies faced with ever growing competition have realized its importance only in the recent years. Besides being relevant, the dataset from where the information is actually extracted also has to be sufficient enough so as to pull out and identify a new dimension. Yet, a standardized approach would result in better understanding and implementation of the newly identified patterns.




Source: http://ezinearticles.com/?Data-Mining---Critical-for-Businesses-to-Tap-the-Unexplored-Market&id=6745886

Thursday 8 August 2013

Outsource Data Entry - A Wise Business Decision

Getting the benefits of outsourcing data entry services for your business will be a wise choice. Many offshore companies guarantee quick and accurate data entry services. These companies offer data entry services from industry expert professionals and flexibility as per user requirements. All recent reports say, trend of outsourcing low priority work will continue to grow gradually.

In earlier days, outsourcing was thought as a temporary option of meeting particular objective, is now becoming the best industry option. Viewed as a temporary business solution, outsourcing is now a strategically important business decision. Outsourcing your services will reduce your costs with improved services.

Advantages of Data Entry Outsourcing

Data entry outsourcing gives you many business advantages include:

- By outsourcing one can easily concentrate on core business competencies and goals.
- In these cut throat competitive time, outsourcing is a cautious way of controlling expensive staffing cost. Person can get outsourcing services on per transaction basis, which ease the hurdles of having the possibility of firing staff members.
- By outsourcing you can get the advantage of economies of scale. If you work with an outsourcing company you will save your valuable money, probably boost your operational efficiency.
- By outsourcing your data-entry work your cost will be on per transaction basis which will allow you to easily predict your budget and give you the best budget planning.
- By outsourcing organizations do not have to worry about meeting time lines. As many outsourcing companies guarantee of in-time delivery which was already specified in user agreement and will not be longer concern to worry.
- Most of the outsourcing companies located in cheap offshore countries like India, Indonesia etc and having expertise of handling data entry operations.

Thus by outsourcing data-entry work organizations can get advantage in terms of time, money and efficiency which will obviously increase business productivity.



Source: http://ezinearticles.com/?Outsource-Data-Entry---A-Wise-Business-Decision&id=2694032

Tuesday 6 August 2013

Recover Data With Secure Data Recovery Services

Failure of hard disk drive, server, or RAID array can lead to loss of data stored in the computer and also stop ongoing work. Both these aspects can be extremely detrimental to the interests of the computer user, whether an individual or a business entity.

It is essential that at such a stage data recovery process is set in motion immediately to maximize the possibility of recovering the entire lost data and to make the computer operational. The first step would be to contact a reputable online services provider such as Secure Data Recovery Services. They have a network of it's locations throughout the United States.

Essential Attributes Of Data Recovery Services

If data recovery is of prime importance to you, choose the online recovery services that specialize in all types of them. These include hard drive, RAID recovery, Mac, SQL, and Tape recovery. You must ensure that the data one selected by you should be able to extract vital and critical data from any interface hard disk drive. For example, IDE, EIDE, SATA "Serial ATA," PATA "Parallel ATA," SCSI, SAS, and Fiber Channel. The data one should also be able to recover data from single drive, multiple-drive, and RAID array setups. They should also be able to service all major brand drives.

The most important attribute of Secure Data Recovery Services is that they have qualified, experienced, and professional technicians. They should be able to diagnose the cause of the failure and set it right. These technicians are trained to work continuously till the time a solution to your problem is found. The service also has all modern tools and instruments. The work is carried out in Clean Rooms so that no dust particle can enter the hard drive. All these services are provided to the full satisfaction of the clients and at competitive prices.


Source: http://ezinearticles.com/?Recover-Data-With-Secure-Data-Recovery-Services&id=5301563

Monday 5 August 2013

Data Mining and the Tough Personal Information Privacy Sell Considered

Everyone come on in and have a seat, we will be starting this discussion a little behind schedule due to the fact we have a full-house here today. If anyone has a spare seat next to them, will you please raise your hands, we need to get some of these folks in back a seat. The reservations are sold out, but there should be a seat for everyone at today's discussion.

Okay everyone, I thank you and thanks for that great introduction, I just hope I can live up to all those verbal accolades.

Oh boy, not another controversial subject! Yes, well, surely you know me better than that by now, you've come to expect it. Okay so, today's topic is one about the data mining of; Internet Traffic, Online Searches, Smart Phone Data, and basically, storing all the personal data about your whole life. I know, you don't like this idea do you - or maybe you participate online in social online networks and most of your data is already there, and you've been loading up your blog with all sorts of information?

Now then, contemporary theory and real world observation of the virtual world predicts that for a fee, or for a trade in free services, products, discounts, or a chance to play in social online networks, employment opportunity leads, or the prospects of future business you and nearly everyone will give up some personal information.

So, once this data is collected, who will have access to it, who will use it, and how will they use it? All great questions, but first how can the collection of this data be sold to the users, and agreed upon in advance? Well, this can at times be very challenging; yes, very tough sell, well human psychology online suggests that if we give benefits people will trade away any given data of privacy.

Hold That Thought.

Let's digress a second, and have a reality check dialogue, and will come back to that point above soon enough, okay - okay agreed then.

The information online is important, and it is needed at various national security levels, this use of data is legitimate and worthy information can be gained in that regard. For instance, many Russian Spies were caught in the US using social online networks to recruit, make business contacts, and study the situation, makes perfect sense doesn't it? Okay so, that particular episode is either; an excuse to gather this data and analyze it, or it is a warning that we had better. Either way, it's a done deal, next topic.

And, there is the issue with foreign spies using the data to hurt American businesses, or American interests, or even to undermine the government, and we must understand that spies in the United States come from over 70 other nations. And let's not dismiss the home team challenge. What's that you ask? Well, we have a huge intelligence industrial complex and those who work in and around the spy business, often freelance on the side for Wall Street, corporations, or other interests. They have access to information, thus all that data mined data is at their disposal.

Is this a condemnation of sorts; No! I am merely stating facts and realities behind the curtain of created realities of course, without judgment, but this must be taken into consideration when we ask; who can we trust with all this information once it is collected, stored, and in a format which can be sorted? So, we need a way to protect this data for the appropriate sources and needs, without allowing it to be compromised - this must be our first order of business.

Let's Undigress and Go Back to the Original Topic at hand, shall we? Okay, deal.

Now then, what about large corporate collecting information; Proctor and Gamble, Ford, GM, Amazon, etc? They will certainly be buying this data from social networks, and in many cases you've already given up your rights to privacy merely by participating. Of course, all the data will help these companies refine their sorts using your preferences, thus, the products or services they pitch you will be highly targeted to your exact desires, needs, and demographics, which is a lot better than the current bombardment of Viagra Ads with disgusting titles, now in your inbox, deleted junk files.

Look, here is the deal...if we are going to collect data online, through social networks, and store all that the data, then we also need an excuse to collect the data first place, or the other option is not tell the public and collect it anyway, which we already probably realize that is now being done in some form or fashion. But let's for the sake of arguments say it isn't, then should we tell the public we are doing, or are going to do this. Yes, however if we do not tell the public they will eventually figure it out, and conspiracy theories will run rampant.

We already know this will occur because it has occurred in the past. Some say that when any data is collected from any individual, group, company, or agency, that all those involved should also be warned on all the collection of data, as it is being collected and by whom. Including the NSA, a government, or a Corporation which intends on using this data to either sell you more products, or for later use by their artificial intelligence data scanning tools.

Likewise, the user should be notified when cookies are being used in Internet searchers, and what benefits they will get, for instance; search features to help bring about more relevant information to you, which might be to your liking. Such as Amazon.com which tracks customer inquiries and brings back additional relevant results, most online shopping eCommerce sites do this, and there was a very nice expose on this in the Wall Street Journal recently.

Another digression if you will, and this one is to ask a pertinent question; If the government or a company collects the information, the user ought to know why, and who will be given access to this information in the future, so let's talk about that shall we? I thought you might like this side topic, good for you, it shows you also care about these things.

And as to that question, one theory is to use a system that allows certain trusted sources in government, or corporations which you do business with to see some data, then they won't be able to look without being seen, and therefore you will know which government agencies, and which corporations are looking at your data, and therefore there will be transparency, and there would have to be at that point justification for doing so. Or most likely folks would have a fit and then, a proverbial field day with the intrusion in the media.

Now then, one recent report from the government asks the dubious question; "How do we define the purpose for which the data will be used?"

Ah ha, another great question in this on-going saga indeed. It almost sounds as if they too were one of my concerned audience members, or even a colleague. Okay so, it is important not only to define the purpose of the data collection, but also to justify it, and it better be good. Hey, I see you are all smiling now. Good, because, it's going to get a bit more serious on some of my next points here.

Okay, and yes this brings about many challenges, and it is also important to note that there will be, ALWAYS more outlets for the data, which is collected, as time goes on. Therefore the consumer, investor, or citizen who allows their data to be compromised, stored for later use for important issues such as national security, or for corporations to help the consumer (in this case you) in their purchasing decisions, or for that company's planning for inventory, labor, or future marketing (most likely; again to whom; ha ha ha, yes you are catching on; You.

Thus, shouldn't you be involved at every step of the way; Ah, a resounding YES! I see from our audience today, and yes, I would have expected nothing less from you either. And as all this process takes place, eventually "YOU" are going to figure out that this data is out of control, and ends up everywhere. So, should you give away data easily?

No, and if it is that valuable, hold out for more. And then, you will be rewarded for the data, which is yours, that will be used on your behalf and potentially against you in some way in the future; even if it is only for additional marketing impressions on the websites you visit or as you walk down the hallway at the mall;

"Let's see a show of hands; who has seen Minority Report? Ah, most of you, indeed, if you haven't go see, it and you will understand what we are all saying up here, and others are saying in the various panel discussions this weekend."

Now you probably know this, but the very people who are working hard to protect your data are in fact the biggest purveyors of your information, that's right our government. And don't get me wrong, I am not anti-government, just want to keep it responsible, as much is humanly possible. Consider if you will all the data you give to the government and how much of that public record is available to everyone else;

    Tax forms to the IRS,
    Marriage licenses,
    Voting Registration,
    Selective Services Card,
    Property Taxes,
    Business Licenses,
    Etc.

The list is pretty long, and the more you do, the more information they have, and that means the more information is available; everywhere, about who; "YOU! That's who!" Good I am glad we are all clear on that one. Yes, indeed, all sorts of things, all this information is available at the county records office, through the IRS, or with various branches of OUR government. This is one reason we should all take notice to the future of privacy issues. Often out government, but it could be any first world government, claims it is protecting your privacy, but it has been the biggest purveyors of giving away our personal and private data throughout American history. Thus, there will a little bit of a problem with consumers, taxpayers, or citizens if they no longer trust the government for giving away such things as;

    Date of birth,
    Social Security number,
    Driver's license,
    Driving record,
    Taxable information,
    Etc., on and on.

And let's not kid ourselves here all this data is available on anyone, it's all on the web, much of it can be gotten free, some costs a little, never very much, and believe me there is a treasure trove of data on each one of us online. And that's before we look into all the other information being collected now.

Now then, here is one solution for the digital data realm, including smart phone communication data, perhaps we can control and monitor the packet flow of information, whereby all packets of info is tagged, and those looking at the data will also be tagged, with no exceptions. Therefore if someone in a government bureaucracy is looking at something they shouldn't be looking at, they will also be tagged as a person looking for the data.

Remember the big to do about someone going through Joe The Plumber's records in OH, or someone trying to release sealed documents on President Bush's DUI when he was in his 20s, or the fit of rage by Sara Palin when someone hacked her Yahoo Mail Account, or when someone at a Hawaii Hospital was rummaging through Barak Obama's certificate of showing up at the hospital as a baby, with mother in tow?

We need to know who is looking at the data, and their reason better be good, the person giving the data has a right-to-know. Just like the "right-to-know" laws at companies, if there are hazardous chemicals on the property. Let me speak on another point; Border Security. You see, we need to know both what is coming and going if we are to have secure borders.

You see, one thing they found with our border security is it is very important not only what comes over the border, which we do need to monitor, but it's also important to see what goes back over the border the other way. This is how authorities have been able to catch drug runners, because they're able to catch the underground economy and cash moving back to Mexico, and in holding those individuals, to find out whom they work for - just like border traffic - our information goes both ways, if we can monitor for both those ways, it keeps you happier, and our data safer.

Another question is; "How do we know the purpose for data being collected, and how can the consumer or citizen be sure that mass data releases will not occur, it's occurred in almost every agency, and usually the citizens are warned that their data was released or that the data base containing their information was breached, but that's after the fact, and it just proves that data is like water, and it's hard to contain. Information wants to be free, and it will always find a way to leak out, especially when it's in the midst of humans.

Okay, I see my time is running short here, let me go ahead and wrap it up and drive through a couple main points for you, then I'll open it up for questions, of which I don't doubt there will be many, that's good, and that means you've been paying attention here today.

It appears that we need to collect data for national security purposes research, planning, and for IT system for future upgrades. And collecting data for upgrades of an IT system, you really need to know about the bulk transfers of data and the time, which that data flows, and therefore it can be anonymized.

For national security issues, and for their research, that data will have anomalies in it, and there are problems with anomalies, because can project a false positives, and to get it right they have to continually refine it all. And although this may not sit well with most folks, nevertheless, we can find criminals this way, spies, terrorist cells, or those who work to undermine our system and stability of our nation.

With regards to government and the collection of data, we must understand that if there are bad humans in the world, and there are. And if many of those who shall seek power, may not be good people, and since information is power, you can see the problem, as that information and power will be used to help them promote their own agenda and rise in power, but it undermines the trust of the system of all the individuals in our society and civilization.

On the corporate front, they are going to try to collect as much data on you as they can, they've already started. After all, that's what the grocery stores are doing with their rewards program if you hadn't noticed. Not all the information they are collecting they will ever use, but they may sell it to third part affiliates, partners, or vendors, so that's at issue. Regulation will be needed in this regard, but the consumer should also have choices, but they ought to be wise about those choices and if they choose to give away personal information, they should know the risks, rewards, consequences, and challenges ahead.

Indeed, I thank you very much, and be sure to pick up a handout on your way out, if you didn't already get one, from the good looking blonde, Sherry, at the door. Thanks again, and let's take a 5-minute break, and then head into the question and answer session, deal?



Source: http://ezinearticles.com/?Data-Mining-and-the-Tough-Personal-Information-Privacy-Sell-Considered&id=4868392

Sunday 4 August 2013

Offshore Data Entry Is The Need Of The Day For Any Business

To run a business successfully means embracing a new challenge everyday. It indicates exciting avenues to be ventured into and daunting hurdles to be overcome while keeping ahead of competitors. Each day is a new day that needs to be met with new strategies, plans and goals. However certain crucial aspects of running a business can become monotonous and can require repetitive work on a regular basis but the accuracy needs to be impeccable. The data entry requirements of a company fall under this category of essential tasks that can be quite time consuming and repeatable but essential for running the business successfully. Business houses are therefore looking for options to get this task done smoothly without using up important resources of the company yet maintaining the required standard of accuracy and confidentiality. Offshore data entry is therefore fast becoming the preferred option of every business entity.

Offshore data entry is the process of hiring an external entity to perform the data entry functions for the business in a country besides the ones where the products and services of the business will be sold or used. The offshore data entry services provided by a vendor help the firm access processed and accurate data that has been well -presented to be of maximum use to the firm. The offshore data entry firm employees have the task of collecting data from written or printed records and entering them into the computer system. This data is maintained in a systematic manner to be as informative to the business as possible. The offshore data entry records are then transferred back to the client for regular referral and checking. Some of the major countries that are providing such offshore data entry services are India, China, Russia, Pakistan, Nepal, Bangladesh, Egypt, Malaysia and others.

The major criteria for a job to be qualified for offshore requirements are that the task should be repeatable, have high information content, be transferable over the internet, the process is easy to set up and the wages paid to the offshore data entry staff must be reasonably lower than those in the original country. The major requirement for offshore data entry services arises from the strong need to cut down on costs and the internet and the facilities it provides has given a direction to this need. Offshore data entry jobs have opened up a world of opportunities for professionals around the world and the constant advancement in the field of technology and internet further add to the advantage.

The prevalent exposure to internet has enabled many freelancers across the globe to offer their services for offshore data entry to small businesses and this works out to be a winning deal for both the parties involved. Free trade advocates are vocal about their support for offshore data entry business as they feel that this will provide benefits to economies as a whole in the form of labor off shoring. Whatever may be the reason for a company to employ offshore assistance, but the fact remains that in today's world offshore data entry is a booming business and the trend definitely seems to be on an upward motion.


Source: http://ezinearticles.com/?Offshore-Data-Entry-Is-The-Need-Of-The-Day-For-Any-Business&id=646558

Friday 2 August 2013

How to Reduce Data Entry Operating Cost

Are you searching for data entry outsourcing profitability? Do you require to decrease your BPO cost? Does your business require effective data entry services? Data typing outsourcing is most popular and most growing sector of the business process outsourcing unit.

Today, BPO services come on the top in which data entries are helpful in maintaining business process cost and in all management task of the organization or company. To hire data entry specialist is one of the best option to improve business efficiency.

You can decrease business process outsourcing operating cost and also get maximum benefits such as:

High quality and cost effective solution Quick turn around time on your BPO projects Experienced Team and Latest Technology Pay more attention to core areas of business Improve your business efficiency

In this time, business process outsourcing is considered as a rapping industry. Outsourcing your services will reduce your expenditures with improved services. Thus, outsourcing is now a tactically imperative corporate verdict.

By outsourcing services, you can concentrate on your core business relative requirements and you can improve your business revenue. Also you can have the advantage of hiring specialized skill sets from different parts of the world. In this competitive edge, your business gets fast rolling within fast around time.

Thus, one of the great BPO services is accurate data entries which is now used in all types of BPO sectors. This is initial requirements of any small, large and medium level of businesses.

If you are looking for outsource data entries requirements at trusted and well known BPO organization, then you can save valuable time of your office employee and you can use your efforts in significantly way to provide easy business process outsourcing solution.


Source: http://ezinearticles.com/?How-to-Reduce-Data-Entry-Operating-Cost&id=4169043

Thursday 1 August 2013

Preference to Offshore Document Data Entry Services

A number or business organizations if different industries are seeking competent and precise document data entry services to maintain their business records safe for future references. Document data entry has advanced as a quickly developing and active industry structure almost accept in all major companies of the world. The companies doing businesses these days are undergoing rapid changes and therefore the need for services is becoming all the more crucial.

To get success you need to accomplish more understanding about the market, your business, clients as well as the prevailing factors that influence your business. A considerable amount of document is in one or the other way included in this entire process. These services is helpful in taking crucial decisions for the organization. It also provides you a standard in understanding the current and future business status of your company.

In this information age data-entry from documents and data conversion have become important elements for most business houses. The requirement for document services has reached zenith since companies work on processes like business merger and acquisitions, as well as new technology developments. In such scenarios having access to the right kind of data at the right time is very crucial and that is why companies opt for reliable services.

These services covers a range of professional business oriented activities such as document plus image processing to image editing as well as catalog processing. A few noteworthy examples of from documents include: PDF document indexing, insurance claim entry, online data capture as well as creating new databases. These services are important in industries like insurance companies, banks, government departments and airlines.

Companies such as Offshore and outsource and others offer an entire gamut of first rate data services. Actually, getting services from documents offshore to developing yet competent countries like India has made the process highly economical plus quality driven too.

Business giants around the world have realized multiple advantages associated in Offshore-Data-Entry. Companies not only prosper because of quality services but are also benefited because of better turn around time, maintaining confidentiality of data as well as economic rates.

Though the company works in all form of documents, there are few below mentioned areas where it specializes:

• Document data entry
• Document data entry conversion
• Document data processing
• Document data capture services
• Web data extraction
• Document scanning indexing

Since reputable companies like Offshore Data-Entry hire only well qualified and trained candidates work satisfaction is guaranteed. There are several steps involved in the quality check (QC) process and therefore accuracy level is maintained to 99.995% ensuring that the end result is delivered to the client far beyond his expectation.



Source: http://ezinearticles.com/?Preference-to-Offshore-Document-Data-Entry-Services&id=5570327

Data Entry Services - What Can I Expect?

Data entry services can mean any of various tasks that are performed to collect, transfer, manipulate, create and report on information, both numerical and textual. The type of work, the disposition of the information and the complexity of the work will depend upon the company that is placing the project for bid. By picking and choosing the jobs and the company that you work with carefully, you can determine the nature of the work that you are expected to complete. You can also set the deadlines and the basic structure of the project work schedule.

You can expect reasonable pay

The amount of pay for any single data entry services position will depend upon the difficulty of the work. You can get tasks that range from simple entry of numbers and names in a particular field to complete e-books with careful research and bibliographical materials cited. Be careful when you are expected to bid for the job that you understand the extent of the work that will be required for satisfactory completion of the task. Once you have accepted a contract job, you will probably not be allowed to change the terms of the work.

You can expect flexible work hours

When you provide data entry services, you won't be stuck on a time clock in most instances. Your usual work schedule will be set by your own wants and desires. If you are a late riser and want to sit down at your computer at three in the afternoon, that's perfectly acceptable. If you prefer to awaken and work from four in the morning until noon, that's okay too. Your daily schedule will be what is best for your personality and home circumstances. It is important that you be aware of deadlines that will be attached to some of the work you accept and that you complete work according to the agreed upon deadlines.

You can expect some bumps in the road

Everything is not likely to work perfectly when you begin working at home. Data entry services may not be the type of work you are accustomed to. You may not be used to having quite as much freedom in scheduling and work choice. If you are the type of person who thrives in a structured environment, you will undoubtedly find the flexible scheduling to be a little frightening at first. You'll also need to guard your work time from frivolous interruptions by others who think that if you work at home it isn't really working.

You can expect great job satisfaction

Data entry services provided from your home may not be a work choice for everyone, but those who have the self-discipline to structure their own work environment will often find that the work provides a great deal of job satisfaction when they settle into their routine that works for them. Being able to drop work constraints for a couple hours or a couple days on very short notice is a luxury few people in the corporate employment situation can claim.


Source: http://ezinearticles.com/?Data-Entry-Services---What-Can-I-Expect?&id=1039360