Your ability to analyze and act on your business data is vitally important to the success of your organization. Today’s business environment requires organizations to react quickly to changing demands from customers and market conditions. When complex decisions require fast access to important data, you need a way to put your finger on the data you need NOW!
Often this requires extracting data from multiple sources and multiple departments or locations. Much of the data may be unstructured or poorly structured. Typical unstructured data sources include emails, documents, PDFs, scanned text, mainframe reports, microfilm and other sources. Extracting data from unstructured sources requires considerable time if done by hand; and considerable technical expertise and quality control when done using so-called automated extraction programs.
This technical challenge grows when historic data has been stored in software formats that are extinct.
This is where Paper Alternative comes in to save the day!
Data extraction is the process of retrieving data (structured or unstructured) out of various data sources for further processing and storage (data migration). This process usually includes the addition of easily searchable metadata and structure, along with relevant data workflow to enable newly acquired data to be incorporated into the system easily.
Adding structure to unstructured data may include: