All this talk around IoT (Internet of Things) and data mining has filtered down to managers across industries. They know they are sitting on a virtual gold mine of information now all they have to do is tap the data pump and make sense of it all!
Here enters a whole range of Business Intelligence and Analytical tools, trying to glean insights from information so that the decision can be based on real facts and numbers. As a lot of this collected data is text, annotation tools are a simple and scalable way to ensure that documents (i.e. data) are correctly tagged and ready to use.
Text annotation tools came into being more than a decade ago as open source solutions that enthusiastic coders created and shared within their community. Naturally, the last few years saw these solutions maturing and becoming more user-friendly. Several new start-ups have taken the opportunity to develop well-designed textual annotation tools that are explicitly targeted for industry use. And the best among them are the ones that have built-in Machine Learning capabilities – making annotation almost transparent and automatic! This is the service most sought after by industries.
While some of these tools come with free starter packs; for industries, it makes sense to access the full range of capabilities and customer support that paid subscription models offer.
Many of these services taut their web-based credentials, but does that work for everyone?
On-premisesVs. On-Cloud
While for a majority of users logging in and starting work is exactly what they need, for some industries cloud-based services are not an option! Data security trumps ease of accessibility!
Professionally managed text annotation tools with on-premise integration have made it possible for data analysts to tag and label sensitive information while keeping it with the organization’s IT infrastructure. With the company in firm control of the data, compliance, and security is never compromised.
Conclusion
Industries need professional solutions! With compliance thrown in the mix, banking on ad-hoc solutions is not an option. Paid (subscription-based) text annotation companies ensure that they not only have a secure, on-premises annotation solution, but also that have help with installation and long-term support that their workflow requires.
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