Getting Your Company Started In Data Labelling

Machine learning is something that you often hear touted around, and it can have a significant impact on a wide variety of different businesses. When you have massive amounts of data that need crunching and labelling to assist in machine learning, it is something that you may need to consider outsourcing. If this is an area of your business that you are looking to explore so that you can put all your data to work, then below are a few methods of how you can go about getting started.

Doing The Task In-House

The task of data labelling is time-consuming and monotonous, but you may have the workforce available to do this in-house, rather than outsource it. If you must take on additional members of staff to do this process, it may not be financially viable to do. However, you can get a machine learning data labeling tool that may simplify and streamline the task.

Using A Third Party For The Task

Many companies are set up to assist businesses with the task of data labelling, and it can be a cost-effective way for you to get the job done. You will need to research any potential companies that you are looking to outsource to thoroughly before entering an agreement with them and see what previous customers think of their services. When you weigh up the costs of hiring staff, employing them, and giving them the necessary benefits they are entitled to by law, can prove expensive, so using a third party to do this task can save your company money.

Employ Consultants For The Job

You can also employ consultants to do the task, which is another cost-effective method to work through your piles of data. You can take on more consultants as you need to, and if you have a surplus of them, you can also terminate them without any need for compensation, depending on the agreement you have in place. There is a vast pool of talented workers that you can utilise for this task, and it is a flexible option which will suit many businesses.

Crowdsourcing Data Labelling Services

Some companies use the crowdsourcing model to provide data labelling services which can be utilised by any business. Data scientists can spend up to 80% of their time preparing data, which does not leave a lot of time to build machine learning models. A company that uses crowdsourcing is exceptionally flexible and can increase and decrease the amount of work outsourced as needed. Freeing up the time of the data scientists will give them much more time to work on machine learning models that can have a significant impact on your business, and the way that it operates.

Issac Gloria